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SIGA Technologies, Inc. Message Board

tla_usa 15 posts  |  Last Activity: Aug 12, 2014 6:21 PM Member since: Nov 14, 2010
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  • tla_usa tla_usa May 28, 2014 2:09 PM Flag

    How encouraging is the President's budget for medical countermeasures?

    Three points come to mind --

    One :the medical countermeasures budget viewed on a per year basis is about what it has always been.
    The 2015 medical countermeasures budget is less then a two percent reduction relative to 2014
    And a two percent reduction when compared with other defense budgets reductions -- which are percentage wise much greater -- is a positive sign of support for medical countermeasures.

    Two: there are very few medical countermeasures that are available for the government to purchase. At the moment perhaps only anthrax and smallpox.

    Three: a contract for medical countermeasures of say $500 million over a 4 year delivery would take about $125 million of the medical countermeasure annual budget.

    Budget sequestration has been much more savage in other areas of defense contracting. -- excerpts -
    "Many of the decisions of how to comply with the sequestration budget levels were made at the
    component level within DoD, so it is worth examining and comparing how the major DoD components

    "Contract obligations by the Army, which declined by 15 percent between 2011 and 2012,
    continued to decline dramatically in 2013 (-21 percent).

    "Air Force contract obligations, which increased by 5 percent between 2011 and 2012, declined slightly faster (-22 percent) than for the Army.

    "Contract obligations by the Defense Logistics Agency (DLA) declined at the highest rate (-23 percent), but this
    comes after a large one-year surge in contract obligations for fuels in 2012.

    "The category of “Other DoD”, which includes all DoD contracting functions (such as the Missile
    Defense Agency and TRICARE) not captured by the other four component categories, declined slightly
    faster than overall defense contract obligations between 2012 and 2013 (-18 percent), after showing
    mild growth

  • The President’s fiscal year (FY) 2015 Budget for HHS
    $543 million to support the purchase and maintenance of medical countermeasures and other material in the Strategic National Stockpile,

    $8 million below FY 2014
    (smaller change then for most other government budget items)

  • tla_usa tla_usa Jul 8, 2014 5:06 PM Flag

    Regarding the recent anthrax safety breach (about which I posted recently) Reuters remarked:

    "The safety breach in the nation's premier bioterror lab raises new doubts about security measures at the CDC, whose infection control protocols are held up as a model to the world."

    Today news sources again are reporting a safety breach.This time to do with with smallpox. Fortunately, the folks that found the vials of smallpox did not unknowingly get infected A recent study that I reported here (which was declassified in part) showed that an infection of as few as five people is more likely than not to spread over the globe and become a global emergency. So the good news is that we did not have a global-wide infection spread that could have resulted in millions of deaths.

    The news today about the smallpox strikes me as analogous to some fireman finding an armed nuclear bomb in some old abandoned building in New York City. It has been pointed out by weapon's experts that the damage potential of a smallpox release in a city would produce as much economic damage as a nuclear bomb going off.

    Regarding todays story on smallpoxt, here is what CDC spokesman Tom Skinner said: “At the end of the day, we don’t know why [the vials] showed up,”

    The FBI is investigating. Someone had to have violated some safety protocol.

    There are thousands of labs in the world. Are there other vials with smallpox? Could they trigger an accidental and initially undetected smallpox release?

    Because there are no failure-proof lab safety systems, and the harm potential so great we must do what we can to mitigate potential failures. What can we do?

    I believe that we are these (and other) lab safety breaches are conclusive evidence for the need to permanently stockpile smallpox vaccine and antivirals to deal with human fallibility.

    Also these breaches suggest a conceivable means by which terror or criminal groups could come into unexpected possession of a smallpox

  • In 2005, The Senate Banking Committee, then under Republican control, adopted GSE legislation, but unanimous Democratic opposition to the bill in the committee doomed it on the Senate floor. Without any significant Democratic support, debate could not be ended in the Senate, and the bill was never brought up for a vote

    In 2014, another ghost appears and disappears.

  • Excerpts via Reuters today
    As many as 75 scientists and staff in U.S. government laboratories in Atlanta may have been exposed to live anthrax bacteria after researchers failed to follow safety procedures, prompting an investigation by federal authorities.

    The safety breach in the nation's premier bioterror lab raises new doubts about security measures at the CDC, whose infection control protocols are held up as a model to the world.

  • Reply to

    How much provocation from Ackman will HLF take?

    by tla_usa Jul 25, 2014 6:17 PM
    tla_usa tla_usa Jul 25, 2014 6:22 PM Flag

    Oh, and regarding being sued. Ackman's reply "Bring it on."

  • Two anecdotes:
    Here is a sentence from the first Chief Justice for the newly established Court of Chancery under the Delaware Constitution of 1792.

    That you return to the prison from whence you came, from thence you must be drawn to the place of execution and when you come there you must be hanged by the neck but not till you be dead, for you must be cut down alive, then your bowels must be taken out and burnt before your face, then your head must be severed from your body and your body be divided into four quarters and these must he at the disposal of the Supreme Authority of the State.

    ((Was there a trial? --- Well, probably.))

    The Delaware Constitution 1897 made a change. All judges were now required to be "learned in the law," but a law school degree was merely optional.

  • via Value Walk
    "Ted Braun expects a movie release date early in 2015

    "Academy Award winning documentary producer Glen Zipper, who won an award for the movie Undefeated, is teaming with Ted Braun, award winning director of movies such Darfur and Now, are combining their talents to untangle the Herbalife Ltd. (NYSE:HLF) International story."

    Perhaps the DOJ, SEC, FTC, and AG will make this an action movie. What roll will HLF executives play -- good guys or bad guys?

  • Reply to

    Interesting SEC form 4 pertaining to HLF out now

    by tla_usa Jun 17, 2014 3:49 PM
    tla_usa tla_usa Jun 17, 2014 4:15 PM Flag


  • Involves HLF securities by a board member made on Friday the 13th

  • tla_usa tla_usa Jul 11, 2014 6:21 PM Flag

    Yet another lab safety breach. This time neither anthrax nor smallpox. This time the dangerous avian flu.

    From the Hil today:

    "The Centers for Disease Control and Prevention (CDC) on Friday said it has closed two laboratories and halted some shipments of dangerous disease samples after discovering new safety breaches, including one that involved the dangerous avian flu."

    "The new safety lapse with bird flu — a virus that scientists have long feared could create a deadly pandemic — is another embarrassing misstep for the CDC and federal health officials."

    “I’m upset, I’m angry, I’ve lost sleep over it,” Frieden the CDC chief said.

  • Reply to

    How much provocation from Ackman will HLF take?

    by tla_usa Jul 25, 2014 6:17 PM
    tla_usa tla_usa Jul 27, 2014 7:09 PM Flag

    A poster above mentions the mob and rogue companies. As far as I know there is almost no public information suggesting a connection between HLF or some of its distributors and the mob. HLF is as clean as Berkshire it would seem

    Yet caution is a virtue. This mention of the mob reminds me of the Equity Funding Corporation story.

    Equity Funding Corporation, which was listed on the New York Stock Exchange, had been widely touted as the fastest-growing large insurance company in the United States.

    Then came the inside informer. (excerpts below via SEC document)

    "The story, if it could be believed, was startling. Dirks said his source had alleged that one-third of the insurance policies carried on the books of EFCA' s life insurance subsidiary, EFLIC, during 1969 and 1970 were fictitious.

    Dirks also stated his source had reported that EFLIC used different names and spellings of .policyholders to help dupe the auditors. Although prodded by Zukowski, Dirks refused to disclose the identity of his source, indicating that .the source feared Mafia retaliation at the behest of EFCA.

    In response to a suggestion from Zukowski that the source might be trying to short the stock, Dirks indicated his doubt of that likelihood by remarking that his source appeared to him to be a religious man.

    Courtney considered the market at that time to be extremely "nervous" and thought that any kind of negative rumors concerning EFCA could seriously undermine the price of its stock. Indeed,
    he had cautioned Dirks during the telephone conversation that he could "get into trouble" if he spread about wild rumors about EFCA.

    The stock price imploded when the negative findings of the regulators were made public.

  • tla_usa tla_usa Aug 4, 2014 9:11 PM Flag

    "Brantly began to deteriorate and developed labored breathing. He told his doctors he thought he was dying, according to a source with firsthand knowledge of the situation.

    "....... Within an hour of receiving the medication, Brantly's condition dramatically improved. He began breathing easier; the rash over his trunk faded away. One of his doctors described the events as "miraculous."

    "By the next morning, Brantly was able to take a shower on his own before getting on a specially designed Gulfstream air ambulance jet to be evacuated to the United States.

    ((Source CNN))

    The drug at issue is not in clinical trials yet. The research group, the commercialization group, and the equity group are all private companies. The drug research grants on this are in part thru DARPA (not BARDA).

  • *******- Herbalife CEO “Michael Johnson is a predator,”*******. “This is a criminal enterprise.”******Herbalife is a $24 billion "scam.”******** “The fraud is affecting more and more people,******** “It is time to shut the company down.”******** (via Forbes quoting Ackman today)

  • “If [Ebola] were to appear in the U.S., it would stop very rapidly in its tracks. The whole dynamic of transmission of this virus doesn’t exist here,”

    ----- this is per ---- Ian Lipkin, the epidemiologist and Columbia University professor that is credited for identifying West Nile virus as the cause of a 1999 encephalitis epidemic in New York City
    ((Source: cited in Newsweek news today))

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