Think of what Shallcross has said in the past. He appeared to fully support fleecing shareholders with Marty. His hands had guilt all over them with what they have done. Getting out now (as a member of the board did last year) is a smart move to distance oneself from future financial liabilities. Pull out the lipstick once again and start making this news beautiful. Jordan's interest in this company has been nill. A rubber stamp yes vote to whatever marty wants.
One perfect storm has come and gone. Is another forming for next cc? What do they do all day? shop for toys with shareholder money they have plundered. laughing and giggling like little girls excited they have built this little kingdom for them and their yes men board. fiduciary responsibility towards shareholders is not forefront on their agenda it appears to be banned. Self interest only. Marty and his merry band of yes men on the board. When the law firm comes a snooping into the boards lack of action, I wonder how many will quickly resign. Not worth the risk of being sued for compliance in marty's scheme.
Where is the insider buying? Anyone on the board buying? Do they see a line of "perfect storms" ahead so they no buy stock with their own money? Gladly take bonus, options, cash from shareholders and quick to dilute to finance their liestyles but why no skin in the game?
marty and his laughing yes men on the board have made fools of everyone who invested with them. they get rich at shareholder expense. jason napon seems to want to do a good job being an analyst and they made him look stupid. real stupid. just as stupid as all of us who drank the marty koolaid.
Nuo is going to need another $15+ million later this year. Our guess is they go back to Deerfield and offer some sort of warrant exchange for new cash. Yes, it would be massively dilutive (potentially 75-100%) to raise this level of cash at today's price, but we believe doing it all with an existing holder like Deerfield greatly minimizes risk to current investors. After all, the Deerfield transaction in 2014 netted Nuo over $30 million in cash. We do not think they walk from the investment. The potential for Aurix and Angel is too great.
THIS can make Deerfield money. It certainly makes money for Marty and his henchmen. But shareholders? What does massively dilutive mean to most shareholders?
They get this low enough, we will celebrate getting out at 40 cents. Makes it easier for them to sell. Notice no insider buying at these levels
Listening to him be a pro. thank you JASON.
SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Cytomedix, Inc. Regarding Possible Breaches of Fiduciary Duty
Attn: Nominating and Corporate Governance Committee
c/o Cozen O’Connor
The Army & Navy Club Building
1627 I Street, NW, Suite 1100
Washington, DC 20006
The Cytomedix Board of Directors acting through its Nominating and Corporate Governance Committee, is
responsible for the oversight and implementation of Cytomedix's compliance and ethics program. The Chief
Executive Officer has the day-to-day operational responsibility for the compliance and ethics program,
including the Code of Conduct.
Jason Napodano, CFA @JNapodano · 14h 14 hours ago
$NUOT will need cash again at some point in 2015. Key question for the stock - do they raise it at painful terms or is there a white knight?
Jason Napodano, CFA
Man have I made a #$%$ call with $NUOT. Ugly 2014 for them.
No train leaving station, that was marty driving off with your money. blowing a whistle is a nice thankyou for your time and money
Marty and his yes men bod are getting rich on the bones of shareholders. they appear to no care whatsoever. what is fiduciary responsibility. can they be sued individually.
Better than a repeat performance by Marty. We are so close to the tipping point he could really do us in. Marty could make it impossible for any investor to realize a gain while he becomes a millionaire. That's america.
Not that you asked me but that is close to what I had been thinking. Before Marty revealed his true bumbling lack of ability, I thought we had $5 easy. Now we will be lucky to ever get above a buck. Marty gets me sick. Empty promises. He JUST should not have given himself a raise and bonus.