Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: padco who wrote (13203)	12/14/2003 8:42:02 PM
From: axial	Respond to of 14101

"I asked him if Dimethaid still thought it could get the ph III results out in this fiscal year. His answer is that maybe not, it would depend on Pennsaid sales." ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If Rennie Ho had it right, then the Lynch Mob just got a new member. I take this as a direct contradiction of what RK said at the AGM. Thanks for the report, Pat. Nobody had any idea. Jim

To: padco who wrote (13203)	12/17/2003 2:03:20 AM
From: axial	Read Replies (1) \| Respond to of 14101

The story's in the numbers. Any debate about whether she will do it, could have done it, or never was going to do it is irrelevant, now. The numbers say she can't do it. The numbers say she's right back where she was 6 months ago: running on a wing and a prayer. It's beyond reason that Pennsaid sales can ramp up fast enough to save her, never mind get WF10 P3 results out. The only thing that could save her would be FDA approval for Pennsaid. While it's not impossible, it would be a miracle. So now, it's just a question of time. Perhaps there's a certain justice in the fact that she'll have to face the consequences of her decisions herself. Better her than the replacement management that was being sought last summer. It would have been an unfair burden for any new management team. Over on SH, scottcl made a wonderful post... "This speculation, along with many other examples, highlights the lot of the retail investor in struggling to put corporate events into context in order to make conclusions. I think it is why even sound logic sometimes fails us because assumptions have to be made in lieu of information in order to exercise logic. IMO, some DMX investors have yet to acknowledge and then accept (or continue to accept) the risk in this investment- they are stuck in the former while attempting to ride out the share price decline, which is taking its toll on some of us. The lack of information from DMX is far from unique IMO, but the chronic situation of borderline operating funds has not only created a few real crises, it has also led to a perception of other perhaps more innocuous events as potential crises. This is compounded by a lack of information to frame what has transpired, which explains the extreme polarization of interpretations of events that are all possible. Most of us are not comfortable or even tolerant of an extended period in a state of insecurity." stockhouse.ca Investors will not tolerate any more extended uncertainty, any more hand-to-mouth existence. She has to go. I argued that the evidence was not clear; that she should be given this last chance to prove she could do the job, and should not be removed. That argument is now irrelevant. Waiting 3, 4, 5 or 6 more months is irrelevant. Discussion is now irrelevant. The truth is in the numbers; nothing else matters. The Provalis decision has all but done the work for those who wanted her gone. In the end, it was not investors or outsiders who put an end to her - she did it herself. Now, she can't achieve her goals. She can't even survive; not without a miracle that ain't gonna happen. She has to go. She has to think of the welfare of the enterprise she created, and equally, the welfare of those who helped fund it. She has to finally recognize it's over, and pass the reins to new management. She has to do it with grace and cooperation, for the good of what has been created, and those who paid so dearly for its creation. Jim