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Biotech / Medical : Provectus Pharmaceuticals Inc.
PVCT 0.0700+1.4%Nov 21 9:30 AM EST

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To: LT2011 who wrote (11666)11/16/2012 10:01:03 AM
From: NTTG5 Recommendations  Read Replies (1) of 13111
 
I dont think you can identify one bad apple here, there is a group think problem at PVCT that ranges from; the over-statement of aspirational goals, through shortcomings in the development plan and failure to anchor the evidence for RB use, to inappropriate fiscal management of spending and compensation. Since MGT has no direct experience bringing a drug through development, and the BOD has historically been devoid of people with critical experience in drug development, PVCT spent a lot of time in the early years chasing elusive rabbits....so much so that their target MM market is now filling with a diverse collection of interesting and successful new treatment options that will drive therapy in new directions....PV10 and PH-10 data is aging as I type. Better to have taken one goal to completion that to continue trying to shoot at new oncology, dermatology, anti-infective, or who knows what other targets MGT has fantasies about.

So I guess I would fire them all........as a recent owner (again) of PVCT stock it is looking more and more like the only realistic prospect for a sizable SP uptick in the near future.....IMO
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