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Skullcandy, Inc. (SKUL) Message Board

cash2go 139 posts  |  Last Activity: Mar 26, 2015 11:06 AM Member since: Feb 8, 2006
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  • From the botched Theraclone merger:

    Only after being pressed by Prescott did PharmAthene admit that its valuable $134 million NOL will be limited to a fraction of its stated value post-merger.

    Wouldn't Siga acquire the $134M NOL if a (new) merger agreement becomes the new goal?

  • Reply to

    Up next Siga Accounting

    by cash2go Mar 11, 2015 1:41 PM
    cash2go cash2go Mar 11, 2015 1:49 PM Flag

    If the Siga Accounting team is half as good as the Siga legal boyz there will be joy in both camps. And, hopefully a mediated solution before the Chapter 11 reorg plan is due.

    Smells like it when I see the Siga price on volume over the past few weeks.

    Small Siga shareholders I wish a rich future, We PIP boyz may even be a part of Sigal via a stock award being part of the reorganization plan. (Ah, the higher prcice needed for Siga share now.

    2 weeks, most likely, to 2 years and we will all be on the same team. XXO XX

  • Pharmathene has $136 in NOL carry loss forwards. Siga has already written off a $50m NOLs (time limits?) because...

    Yes, the accounting moves may be looking good for Siga and PIP. Maybe a merger?

  • I'm guessing Siga's legal team is very happy with the $113M Parsons awarded Pharmathene. Pushing the court case further could open Siga up to expectation damages closer to what many others expected (adding another $100M). Folks I was long Siga in Sept 2006 I have know how many billions the Feds were throwing at the fight to prevent a bioterror attack. Expectation damages? Why did Pearlman fire Drapkin in 2007 after he failed to do thorough research before unloading -246 in 2006. No doubt partly because he saw the ponytail $2.8 Billion contract coming, then one that was eventually modified to $433M plus another $150M possible that are not included in the base $433 million. Maybe some news about that $150M will be hear in the yearly filing for shareholders to dissect. Folks that is around $3/share for Siga.

    Siga price move today on nice volume
    Expectation damages are going to be easily handled. The best accounting method is likely the only thing they are focused on at Siga. Pharmathene is in their back mirror and the legal team has probably made that clear by now.

    GLTA, looks like the small PIP shareholders will never get that one last hysteria price break markets can provide.

  • Reply to

    Pharmathene 10-K

    by cash2go Mar 10, 2015 11:05 AM
    cash2go cash2go Mar 10, 2015 3:09 PM Flag

    Like to see the small shareholders (investors) get a ROI. I'm long PIP. Siga has a lawyered up smell that wants to enrich the insiders as much as possible. It would be nice if the small investor(s) in Siga make a profit.

    I'm also a taxpayer. Pharmathene 2006 should have been a good thing for taxpayers and BARDA.

  • Reply to

    Pharmathene 10-K

    by cash2go Mar 10, 2015 11:05 AM
    cash2go cash2go Mar 10, 2015 2:30 PM Flag

    I would also like to see taxpayers get a fair deal from Siga, as in focus on production at a fair price. Legal games and line your pockets seems to have been the focus at Siga.

    I pay taxes.

  • cash2go cash2go Mar 10, 2015 2:23 PM Flag

    My guess. Siga shareholders will also benefit from the hard line Pharmathene has drawn. Siga "elite" management team, not so much. The legal team at Siga has been very good and I'm sure they have been well rewarded.

    Pharmathene bashers??? Probably the boyz trying to collect spooked shares at lower prices.

  • Reply to

    Pharmathene 10-K

    by cash2go Mar 10, 2015 11:05 AM
    cash2go cash2go Mar 10, 2015 2:05 PM Flag

    This Chapter 11 The Debtor in Possession will be Siga. They will need to submit a reorganization plan approved by their chief creditor Pharmathene. No ill will, just complete the BARDA contract in an efficient and timely manner. As for the Bonus Siga requested for he management team...

    Nice to see how Pharmathene is starting this process.

  • Reply to

    Pharmathene 10-K

    by cash2go Mar 10, 2015 11:05 AM
    cash2go cash2go Mar 10, 2015 11:16 AM Flag

    To the Delaware Courts:
    Siga boys living the life of luxury and would love to know how they spent so many millions in devoting 246. Thinks Pharmathene would have taken hard measures like a well run company and met deadlines and budgets?

  • cash2go by cash2go Mar 10, 2015 11:05 AM Flag

    “The Board is confident that our strategy adopted today is in the best interests of shareholders and provides the clearest path for value creation while maintaining the viability of our existing biodefense assets as we identify appropriate collaborators moving forward.”

    Can't wait for Chapter 11 and the bonus plan for management? lol

  • cash2go cash2go Mar 10, 2015 10:46 AM Flag

    renewed interest speculating in small cap biotech?
    You should see a nice bump in some cancer related companies that are presenting at ASCO, every years biggest cancer meeting. Bumps when stocks are added in annual Russell rebalancing. Then the summer swoon often sets in.

  • cash2go cash2go Mar 10, 2015 1:21 AM Flag

    Nov 14 was my first wrong guess. Siga has more reason every day to settle this out of court ASAP. Your one year guess sounds very plausible.

  • Reply to

    Trading on the Dividend..

    by robbsbeach Mar 9, 2015 11:05 PM
    cash2go cash2go Mar 10, 2015 12:52 AM Flag

    A. The pink slime has to go. Change before it's too late.
    B. Today's kids have an attitude about McDonalds and it's not good.

    Sell the pops and buy the dips. Because it's a dividend play this should be a good strategy for a long time. It''s going to be a slow death me thinks,

  • Reply to

    Siga 10K released

    by cash2go Mar 6, 2015 7:27 PM
    cash2go cash2go Mar 9, 2015 7:24 PM Flag

    Siga Management:
    The record shows that by spring 2006, SIGA was quickly running out of money. See T. Tr. 1396-97 (Konatich); JTX 214 (“If we could have saved the $1.3 million wasted on [former SIGA executives] we could have gone forward on our own.”) (Konatich); JTX 205 (“At this point the terrifying thing is if the deal falls through and we are back to no [money], no CEO and a #$%$ off Donny.”) (Hruby). In fact, SIGA was able to use approximately $600,000 from the Bridge Loan to begin human safety trials in May 2006. JTX 203, 210.

    Decided: September 22, 2011

    * Now look how they handle cash while in Chapter 11.

  • Reply to

    Siga 10K released

    by cash2go Mar 6, 2015 7:27 PM
    cash2go cash2go Mar 9, 2015 6:55 PM Flag

    it's so speculative that it's speculative.

    PiPtinians hate soup, I'll eat it anyway if comes with a settlement. Or, is the soup just speculative?

  • Reply to

    Judgement date?

    by fnmaman Mar 9, 2015 4:46 PM
    cash2go cash2go Mar 9, 2015 5:03 PM Flag

    I thought it happens when you die. (joke)

    Chapter 11?
    Delaware Appeal?
    Siga, Pharmathene out of court settlement?

    My guess November 2014. Now, next week to 2025 (someone else gave that date)

    Do you see a logical date? I had a tiny hope that the Siga or PIP 10K would reveal something new.

  • cash2go cash2go Mar 9, 2015 4:57 PM Flag

    "doesn't sound too good" for Siga. Phamathene ready for ...a strategy that Court calls: "defense-by-attrition,"
    In Chapter 11 Pharmathene can ask the New York club how much luxury is the Siga "conglomerate" now allowed to spend of taxpayers money. Not to mention the many millions the Siga Fan Boys love to see them spend on the Siga Saga.

    * Is the Delaware Court of Chancery sick of bad faith and ill will living so well.
    * Is Chapter 11 Court blind to the overly complicated accounting and seriously deficient R&D team that is jus nowt getting the 246 dosage correct, I hope
    * BARDA no doubt wishes CMX001 could protect a monkey from monkepox. CMX001 and Tecovirimat combination therapy look like the futures therapy of choice for a long time.

    Siga Conglomerate needs a lot of money daily to keep this lawyered up game to keep taxpayer money funneling into their genius lawyer expense accounts.

  • cash2go cash2go Mar 9, 2015 4:35 PM Flag

    "Company announced that its Board of Directors approved a realignment plan to maximize, for its shareholders, the value of any proceeds from its litigation with SIGA Technologies, Inc"

    In connection with the realignment plan, PharmAthene plans to reduce its staffing levels by approximately two thirds. Eric Richman, President and Chief Executive Officer, will remain a member of the Board of Directors, but will no longer serve as an Officer of the Company after March 11, 2015. He will continue to play a key role in managing the ongoing litigation, other legal matters and strategic transactions in his role as Director. Linda Chang will continue to serve as Chief Financial Officer through April 30, 2015. In accordance with meeting cost-saving objectives, the Board will be reduced from eight members to six and Messrs. Joel McCleary and Brian A. Markison intend to resign from the Board.

    Do Siga Slime Lawyers or their family and friends ever buy/short shares in these cases? Probably not enough money in it for them to waste time or liabilities.

  • Reply to

    Siga 10K released

    by cash2go Mar 6, 2015 7:46 PM
    cash2go cash2go Mar 9, 2015 3:40 PM Flag

    Yo T,
    Just saw a level II trade of 3 shares for $1.73. Somebody is playing.

    (3) shares, that is what I call a small shareholder

  • Wall Street "seems" to believe the Delaware Chancery will allow this lawyered up $$$ strategy to go on to 2025, blah, blah, blah. I'm thinking the Chancery will end this before 2025. Maybe after Pharmathene releases a depressing 10K there will be one more nice dip to pick up shares?

    GLTA, small shareholders.

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