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antisense_science 21 posts  |  Last Activity: Feb 27, 2015 9:12 AM Member since: Oct 24, 2003
  • antisense_science by antisense_science Dec 12, 2014 7:12 AM Flag

    Tethadur animal studies were expected to be announced in 2013. (See SeekingAlpha), it is now Dec. 2014 and I aint seen nothing yet.

    I am pasting this from SeekingAlpha - Avid Research wrote this on Aug 15, 2013.
    One of the 2013 milestones listed by pSivida in the June investor presentation is to release "pre-clinical peptide and protein delivery data." So, I expect additional Tethadur pre-clinical data later this year (2013). pSivida has 3 tech evaluations ongoing (announced on July 30th 2012, April 4th 2013, and May 29th 2013) with pharmaceutical companies and 2 of those are based on Tethadur technology.

    Someone forgot to tell the management how many monkeys does it take to test the thing in pre-clinical studies? Or are they all monkeying around?

    Entire BOD is a joke. CEO needs to stop writing in blogs, it is a sign of CEOs attempt to manipulate the stock price by inflammatory statements which he does not need to deliver on. Mgmt. team over promises and under delivers. No wonder this stock is sitting around while the BOD and CEO get free shares each year for doing nothing but making false promises.

    How about Management returns all free shares for they have received in the last 12 months and refuse to accept any Salary and/or stock options until a deal is done for Tethadur, and the $$$ amount of the deal upfront license payment not total-sales-lifetime number should decide what the stock options and compensation the management gets?

    We are investing real hard earned money in this Co. based on what the management says or indicates through their press releases and presentations. It is not a joke and investors have been waiting for a licensing deal since several years now based on the hype management has successfully created over Tethadur platform.

    A good CEOs would accept the $1 salary and 0 stock options until they deliver. Sorry you (CEO) must accept a lower pay and feel the pain like all of us (except for those who bought at $0.50).

    Sentiment: Hold

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