BK isn't going to happen. Company has significantly more value than its market cap based on those deals and the patents and products alone. Bashers always bring up BK but fail to mention EU, new products, buy out , cost reductions, and all the other positivies. Its the same old story they keep beating their drum. This debt is quite manageable and can be refinanced and payments made on it. I can guarantee the bond holders will work a deal out. They most definitely dont want BK.
If they refinanced it then there is a very good chance they can refi the big loan too. Will be good news.
Most of these shorts are paid bashers by the same HFs. Why do they stick around and bash a $2 stock? Because its their job as paid bashers.
You dont know what the contract costs will be, and you dont know what the reimbursement rates will be. Either way, sales is going to go up...the EU will embrace immunotherapy, and reject the toxic chemical ways the americans do....look at GMO corn and other products, its illegal in most EU countries they want the natural product and way. Overall its going to be positive. You are saying that increasing market and sales is negative? Wrong. You and the other shorts arguments are so disingenuous, you lie, make up facts, bash, say false things, just getting so tired of it. Its a 2 dollar stock. Why do you still constantly bash it, do you hate it or something, or have no life, or better yet you are a paid basher.
Exactly and all the bankruptcy screamers are assuming that revenues will be the same and costs the same. Thats not the case. Revenues will be increasing due to EU by at least 50 % and perhaps 100 % and costs are continuing to come down. Its just a very dishonest argument they are making, to strike fear in the longs and get us to sell. Except its not working.
Yep....revs in 12 months from this fall will be $600 million, or $200 millions over breakeven. Make intrest payments then no problem. There is no bankruptcy. Stop crying wolfs shortys.
Completely agree. All JJ wanted to do was enrich himself at shareholder expense. Get more free stock options for nothing, meanwhile lying and making stupid statements, or better yet saying nothing as the stock price plummetted. Where is the plan, any plan, a simple plan, anything, to deal with the debt? How will this be paid? Makes all the millions but can't even address that one simple question. The guy was a huge ZERO. He got lucky with IMCL, is my conclusion because he couldnt manage the company or stock price worth a damn. $720 million now down to $170 million in cash and still never hit break even. EU approval but 1 year later still nothing produced there. Just sick of this clown glad he's almost gone now.
Take a look at JAZZ. $1.2 Billion in debt, the same thing happened there pounded to $1/share and now its $140/share. DNDN can refinance the debt and when EU comes online we are going higher, much higher. 50-100 % of sales now. BK is a long way aways but I believe a BO will happen before then anyways. Just ignore the price now its meaningless. Just be aware and confident that PPS is going higher.
JJ was say NO to buyout, partnership, driving company into ground, and collecting juicy $1.6 millions a y ear. Not cutting enough, not partnering, being silent, saying stupid things in the CCs. BOD finally said F O to JJ and now JJ is done. Thats what happened IMO.
My conclusion also. He resigned and quit, but was also forced out it was mutual. Look at terms of the seperation agreement he did not get everything.