The cohort 4 result must be non-event. But CELG could not reach any agreement with Les, will Ron do a better job on combination study? No confidence here....
I think the result was in or they won't let old guards off the ship in October. The decision to put SNS01-T at the back of burner was for this reason. The trial took too long due to lack of experience and cooperations. So, ASH may not excite all.
1.) 10 and 11 will be non-event as old guards let go for incoming "insignificant" result. Partnership? CELG, well Les tried and failed. This low dosage trial makes non-sense at the first place. Not sure how and why they could not start much higher by blindly adopting FDA "guideline".
2.) 3 million warrants will reprice to 10 million @ $0.83, it may be the reason for the departure of CFO who used PIPE financing to destroy the SP.
So, Les and Richard leave in 9 days on November 30, Joel will be gone in 24 days. This will mark the departure of old Senesco. What kind of result from Cohort 4? Insiders must know in advance and the impact of factor 5a is not significant. JT will shed some light on what goes wrong.
The trick is how to reach the consensus between OPEC and non OPEC. The massive oil development within US hurts OPEC. The cost per barrel is about $24 for Saudi. Should no producer come to the discussion about the quota, the oil price will collapse until $24. Then Saudi will be the winner of Monopoly. So, this OPEC meeting is very important to set the tone for oil price recovery.
John Ford wrote about SA a while ago and promoted SVON under Harlan. Even Mike Berry did the same until he was #$%$ by the mismanagement of BOD. Anyway, 30 days later, Joel, Richard and Les will be out for GOOD! As some one suggested their existence and contribution to the company is really debatable. There was no money to pay these three at such high salary many years ago.
Scratch my head when those shares were sold at $2.45. The sellers must think this company will be out of business and assume the Swiss vote is NO. Interesting to see this ignorance offer the best buying opportunity of lifetime.
Not sure the management and BOD know what they are doing. The old guards are replaced. Will new guards take no salary and treat their jobs as a volunteer to preserve cash?