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Western Asset Mortgage Capital Corporation Message Board

gene4346 66 posts  |  Last Activity: 14 hours ago Member since: Dec 21, 2009
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  • gene4346 gene4346 14 hours ago Flag

    Z.........she can't officially announce anything yet....see my post of 6/24 and below response from Remy to my email to her......no "official" decision has been made yet after last Thursday's hearing

    Hi Gene,

    After the court held a hearing on the settlements and the plaintiffs's lawyers request for fees and cost, the court advised it would issue a decision shortly.

    -Remy

    Remy Bernarda
    SVP, IR & Corporate Communications
    Galena Biopharma

    Sentiment: Hold

  • Reply to

    Lawsuit settled

    by speeddemon090455 Jun 24, 2016 4:51 PM
    gene4346 gene4346 Jun 24, 2016 9:16 PM Flag

    this is history......not news...................see my latet post for facts..................

    Sentiment: Hold

  • Reply to

    U.S. District Court for the District of Oregon

    by framtron Jun 23, 2016 5:23 AM
    gene4346 gene4346 Jun 24, 2016 9:14 PM Flag

    Don't blow smoke our.......................... #$%$.............stick with the facts.,..................

    Sentiment: Hold

  • Hi Remy:

    Was the lawsuit settlement finalized yesterday as scheduled? I've seen nothing announced.

    Thanks,
    Gene

    (Remy’s Response)

    Hi Gene,

    After the court held a hearing on the settlements and the plaintiffs's lawyers request for fees and cost, the court advised it would issue a decision shortly.

    -Remy

    Remy Bernarda
    SVP, IR & Corporate Communications
    Galena Biopharma

    Sentiment: Hold

  • Reply to

    U.S. District Court for the District of Oregon

    by framtron Jun 23, 2016 5:23 AM
    gene4346 gene4346 Jun 24, 2016 5:05 PM Flag

    Why no PR announcement ?????? What's with the #$%$ company .....typical Remy asleep at the wheel..........................

    Sentiment: Hold

  • Reply to

    Roche and NeuVax

    by stockgremlins Jun 24, 2016 3:23 PM
    gene4346 gene4346 Jun 24, 2016 4:22 PM Flag

    That would be ~$55 per share - right? I could live with that..........no questions asked........

    Sentiment: Hold

  • Some time ago it was determined to add an additional BOD member (#9) - Right ? So, if Mary Ann Gray is the "new" director who will be officially voted in at he SM? We have Hillsberg (the lead #$%$), and his puppets ( Chin, Galliker and Nisi); and Schwartz, Einhorn, Ashton and Gray (hopefully good guys/gals) - so who is replacing the historical #$%$ed Kriegsman to bring us up to 9? Maybe if we get a "good" member #9, he/she will become the swing vote on smart, legitimate, business-like and shareholder-value votes. We can only hope......right?

    Sentiment: Hold

  • ......means their bosses (shorts/hedgies/MM's) are putting pressure on them.......better work OT because you are about to "meet your maker" and fry.......................

    Sentiment: Hold

  • Below is directly from the Corporate By-Laws on their website (Corporate Governance). It DOES NOT state they are voted by plurality.

    AMENDED AND RESTATED BY-LAWS OF GALENA BIOPHARMA, INC. (FORMERLY RXI PHARMACEUTICALS CORPORATION)
    (A Delaware Corporation)

    ARTICLE 3 – DIRECTORS

    3.2
    Number; Election and Qualification
    The number of directors which shall constitute the whole Board of Directors shall be determined by resolution of the Board of Directors, but in no event shall be less than three. The directors shall be elected at the annual meeting of stockholders by such stockholders as have the right to vote on such election. The directors need not be stockholders of the Corporation.

    Sentiment: Hold

  • gene4346 gene4346 Jun 19, 2016 10:07 AM Flag

    I agree with that, but would GLADLY take anything north of $20 per share today.......just being realistic. No one is going to pay the kind of numbers (at this point) that many of you are throwing out......just MHO.............

    Sentiment: Hold

  • Reply to

    Email to Remy ( & Response) - Proxy Vote Item #1

    by gene4346 Jun 18, 2016 9:29 PM
    gene4346 gene4346 Jun 19, 2016 9:44 AM Flag

    I totally agree with you on both accounts !!!! Sadly, it's like a fraternity and tightly-knit group of thugs who all stick together and cover their "bothers" azzzzzzezzzzz.

    Sentiment: Hold

  • Reply to

    Email to Remy ( & Response) - Proxy Vote Item #1

    by gene4346 Jun 18, 2016 9:29 PM
    gene4346 gene4346 Jun 19, 2016 9:15 AM Flag

    Either this company's Management Team is extremely under-staffed and "rushed" when they do things or they are just plain sloppy and do not pay attention to detail; I am leaning towards the later of the two. A perfect example is the March 2016 10K when they accidentally forgot to put the word "not" into the report stating the were (not) being investigated. Sorry, but IMO, these are not astute business people; thank God we have Dr. M and Dr. P; I just hope Management doesn't pull the ultimate blunder later this month when announcing the Interim Results and fk this whole thing up for all of us....that is my biggest fear right now and why I (personally) would like to see an outright buyout soon (even if at a lesser value) and get my money before Management really blows it and we end up with nothing...and trust me, they are very capable of that as they've already demonstrated their "skills" on numerous occasions.

    Sentiment: Hold

  • Reply to

    Email to Remy ( & Response) - Proxy Vote Item #1

    by gene4346 Jun 18, 2016 9:29 PM
    gene4346 gene4346 Jun 19, 2016 8:48 AM Flag

    Dan: I guess I knew that when I sent her the email, but I wanted to get my message to Schwartz, Gray and Nejadnik that I (and I assume many other shareholders) do not want Hillsberg (and Chin, Galliker and Nisi, for that matter) on the Board because of their negative actions in January 2014 (selling their shares) and apparent inaction since then. We need new Board members; it's just that simple and Board members who actually give a damn about shareholder value. On a side note, I sent you and email about the proxy a couple of days ago; please look at it when you have a minute and reply if you can.

    Sentiment: Hold

  • Reply to

    Email to Remy ( & Response) - Proxy Vote Item #1

    by gene4346 Jun 18, 2016 9:29 PM
    gene4346 gene4346 Jun 18, 2016 10:16 PM Flag

    I will do just that.................

    Sentiment: Hold

  • Remy:
    I received my voting Proxy Materials and have a question. Why is it that on Item #1 - "Election of Directors", when I chose to "Vote Individually", it only gave me the choice to vote "For" or "Withhold" for Hillsberg and Gray, and does not give me the choice to vote "Against", as we do with Items #2-#5? It appears May Ann Gray will be a welcome addition to the Board, but Hillsberg needs to go based on his past track record (selling his shares in January 2014) as he is NOT acting n the best interest of us shareholders. Ahn is gone, Kriegsman is going at the end of the month and Chin, Galliker and Nisi will have their day too, but Hillsberg needs to go now that we have the opportunity to vote him off the Board.

    It appears Dr. Bijan Nejadnik was a very welcome addition to the Management Team and has contributed to the recent positive announcements and subsequent increase in price per share value.

    Please advise on my above question and also please forward a copy of this email to Mark Schwartz , Bijan Nejadnik and Mary Ann Gray so they too know my feelings which are similar to many other shareholders with whom I communicate.

    Thank You,
    Gene XXXXXXXXXXX
    XXXXXXX, WI
    Cell: XXX.XXX.XXX
    (Shareholder – XXX,XXX Shares)

    (Her Response)
    Hi Gene,

    The voting requirement for Item #1 is by plurality so it is set up different than the others where the requirement is majority. I will pass on your note.

    -Remy

    Sentiment: Hold

  • Why are we not given the option to vote "Against" the individual BOD nominees; and more specifically Hillsberg? We are only given the choices of "For" or "Withhold". I want to vote against that creep and get him off the BOD. We have the option of voting "Against" on all of the other proposals.

    Sentiment: Hold

  • gene4346 gene4346 Jun 11, 2016 9:23 AM Flag

    Below is her response:

    Gene,

    We actually received two designations and were awaiting the final confirmation. We issued the release once we received it: (followed by link to PR release).

    Remy

    Sentiment: Hold

  • Hi Remy:

    Why is it that I need to learn about such important news from a fellow shareholder this morning well before your PR release this afternoon? Who's in control of communication to shareholders at Galena? Do you even care about shareholder's interest (value)?

    Galena (Dr. M & Dr. P) have so much going for it right now, but your communications to the shareholders is practically non-existent and your BOD and Management Team would appear to the least bit give a #$%$ about us shareholders. Just remember, "what goes around comes around".......

    As usual, please share this message with Mark Schwartz and Management Team, but don't waste you time on the BOD as they are all quite useless and selfish......which hopefully will change soon...............

    Regards,
    Gene XXXXXXXXXXX
    XXXXXXX, WI

    (Shareholder - 180,000 Shares)

    Sentiment: Hold

  • Reply to

    Benefits of Orphan Drug

    by jayrouse913 Jun 10, 2016 11:54 AM
    gene4346 gene4346 Jun 10, 2016 9:20 PM Flag

    Well done, well said and glad that you are on our (long) team.....

    Sentiment: Hold

  • gene4346 gene4346 Jun 10, 2016 3:24 PM Flag

    Anyone else not receive their proxy materials?

    Sentiment: Hold

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