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Biotech / Medical : Provectus Pharmaceuticals Inc.
PVCT 0.0697-0.4%Nov 24 3:55 PM EST

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To: Mammon who wrote (11574)10/16/2012 8:34:30 PM
From: LT2011  Read Replies (1) of 13111
 
Mammon what are your thoughts about the possible IPO? You've been a long time supporter and the moment of truth is rapidly approaching.

I think this offering will be between friendly and not friendly. I just can't see how the company would enter into a deal that could possibly hurt Dr. Wachter even more than he's been hurt. Let's not lose sight of the fact that this man spent $2,000,000 exercising stock options with a weighted average of $1, while the others held their money close to their vest.

Let's not forget my post of May 12th of this year recapping management's outstanding stock options. I believe everybody's weighted average was between .93 and $1.00. Most of the 2013 options were exercised already and I seem to recall that 2014 contained some decent options.

I'm really tempted to purchase a nice lot in the next couple of days and bring my average down.
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