as the $5.5 trillion worth of liquidity injected by the Federal Reserve, the European Central Bank, the Bank of Japan, the Bank of England, and the People’s Bank of China since 2008, is withdrawn, there is a much higher risk of an outsized market move coincident with the reversal of easy money.
Dr. Ahn continued, "Though we have made considerable advances as a company and envision significant progress in 2014, recent events have served to overshadow our achievements. We intend to vigorously defend against the recent claims against us, and recognizing the impact that it has had on our shareholders, we are taking every possible step to address the situation. In that regard, and in conjunction with today's quarterly update, we have announced the appointment of Irving M. Einhorn to our Board of Directors."
Mr. Einhorn is the founder of Einhorn Securities Enforcement Consulting, an advisory and consulting firm to publicly held companies. His background includes more than 40 years of experience in SEC enforcement, regulation, compliance, and disclosure requirements, including 17 years of service as an SEC attorney.
"We welcome Irv to our Board and look forward to his unique expertise as we seek to address the various claims that have been brought forth against our company and its officers and directors," stated Sanford J. Hillsberg, Chairman of the Board. "Having someone with Irv's stature and experience in the field of securities law compliance should help to assure our stakeholders that Galena will do a thorough, independent review of the matters in question, while also aggressively protecting the interests of the Company and its shareholders against any claims that prove to be malicious or otherwise without merit."
"With our Phase 3 PRESENT trial currently ongoing in 13 countries, the continued addition of commercial partnerships, and a future clinical trial to be conducted in India, we are positioning NeuVax to be a potential treatment option for HER2 cancer patients worldwide," stated Mark J. Ahn, Ph.D., President and CEO. "This Australian patent strengthens our global intellectual property portfolio to potentially provide a tool to prevent recurrence in women with breast cancer."
NeuVax is currently in two clinical breast cancer trials, including the Phase 3 PRESENT (Prevention of Recurrence in Early-Stage, Node-Positive Breast Cancer with Low to Intermediate HER2 Expression with NeuVax Treatment) trial and a Phase 2b trial in combination with Herceptin® (trastuzumab). A Phase 2 gastric cancer trial is also expected to initiate this year and will be run by Galena's partner in India.
Chinese government satellite imagery has been released which shows the 'suspected crash site' of Malaysian Airlines Flight 370
The blurry images appear to show three large pieces of debris - the largest of which is 78-feet by 72-feet
So the only way this vanishes from RADAR is because it was outside the range of land based RADAR and tracking thereafter is based on transponder data, which is send a few times a second but only retained every minute or so. Equipment failure apart -
1. Someone intentionally turned off the transponder and kept flying.
2. The plane dropped below 30000 ft within a minute where the transponder would be out of range if land antennas.
3. Radar is line of sight, if they were far enough from shore their transponder will only be picked up by other aircraft and not any ground-based radar. If they turn their transponder off, radar will still see the "primary signal" from the aircraft but no information on the aircraft (such as altitude or flight information).
in a perfect world.
unreal how those guys are inefficient and dangerously unsafe in their routine procedures.
These facts do not apply here.
Iranian businessman bought tickets used by men on stolen passports
Men who used stolen passports not of Asian appearance, investigators say
Five passengers also checked on to flight but did not board plane.
we would never step foot in any airplane again.
It appears the the tickets linked to the Italian and Austrian passports were bought together in Thai baht at identical prices, according to China's official e-ticket verification system Travelsky. The ticket numbers are contiguous, which indicates the tickets were issued together.
Malaysia is the main Asia center for Islam banking.
It doesn't take a rocket scientist to connect the 2 massacres (see train station attack in China).
2/3 of passengers were chinese.
that's where I'm at.
In Grand Cayman. Not a criminal yet, just short.
inflation is here. Whether they admit or not, it's here big time, and they know it.
rates are basically zero right now. A quarter-point hike will take the Fed funds rate to a whopping 0.32%. And that’s with a $4 trillion balance sheet the Fed only will let slowly roll off.
Look at wage growth — average hourly wages just keep growing. That’s a telltale sign the labor market is tightening. With less competition for jobs, employers are having to bid up wages. If the Fed doesn’t start to raise rate quickly enough — say by the end of this year — they will have to rush into
them next year and start increasing them so rapidly that they risk jeopardizing the very jobs recovery they’re so intent on fostering.