32 - 33 cents is apparently the market value of CUR & it is my opinion that the volume you see each day is simply market maker algorithms trading the same shares back and forth to give the appearance of liquidity.
Sad commentary that STEM has a higher market valuation by over $4 million. Sad indeed.
The irony here is that after @ 2 years of nearly no news or PR's from CUR, during a time when they could have reported positive news, we now get a PR of bad news about every third day. Funny.
From the 10Q, it seems that this almost consumes the entire Million or so just raised. But investors need to take it on the chin, like a pro. LOL
"On March 1, 2016, we entered into a general release and waiver of claims with I. Richard Garr in connection with his resignation as our chief executive officer. Pursuant to the release, timing of the required severance payment to Mr. Garr was amended as consideration for Mr. Garr’s voluntary resignation and release. Pursuant to the release, Mr. Garr will: (i) continue to receive his monthly salary of $36,667 until March 1, 2017, (ii) receive a lump of $177,000 to be paid on June 1, 2016, January 1, 2017 and March 1, 2017, (iii) receive healthcare benefits until January 1, 2017, and (iv) be entitled to the immediate vesting of any previously outstanding but unvested equity awards."
Well, let's compare the one year charts, hmmm, CUR down down 81%, STEM down 70%.
Perhaps if CUR had said one word in their defense of that article things would be different. I will never understand their decision to sit silently while their stock dropped 50% in 2 days.
.....anyone know.....hear anything......Hello? ................. Buehller....Buehller.
I am sure that they are all just honest & concerned investors though. LOL
Pump it baby !
Normally I wouldn't care & have walked away from other lottery tickets, but this one #$%$ me off because it was so unnecessary. CUR had so much going for it, but in my opinion #$%$ management frittered it away. Honestly, to this day, news about CUR can be found on this board prior to CUR management putting out a PR, that is pathetic with a capitol P.
As to your opinion of me, I don't give a rats rear end. Also, if you don't want me posting why are you answering posts that I made 3 days ago? Who really is the thin skinned one?
Since they took investor money, they had a legal fiduciary responsibility to work in the best interests of the shareholders. It would appear they didn't. One thing for sure, they didn't slack on paying themselves big salaries.
My opinion anyway.
Yep, we got dropped in the kit bag alright, but the lucky thing is that Executive salary & severance package pay is now secure with the new funding. So there is an up side.