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Biotech / Medical : Stressgen (VSE: SSB) -- Ignore unavailable to you. Want to Upgrade?


To: Heat Shock who wrote (233)4/14/2005 7:45:56 PM
From: Heat Shock  Respond to of 236
 
To all,

2 Press Releases today:

Stressgen announces sale of bioreagents business for approximately C$8.0 million and withdraws preliminary prospectus for offering of common shares
newswire.ca

Stressgen announces appointment of new President and Chief Executive Officer
newswire.ca

I have no particular opinion of the departing CEO, but BioGold on stockhouse.ca (Post #9496906) said the following:

<<
This guy has been terrible for Stressgen. I had two long conversations with him several years ago. Totally Pathetic, but I have always liked the technology. I don't know anything about Greg McKee, but at least he is a finance guy, and hopefully he will get this burn rate cut quickly, get the reagents business sold and make a real effort to show the investment community the promise of HspE7 and the overall vaccine technology, which should certainly help this pathetic stock price.

I have complained about Korpolinski for years, thank goodness he is gone. This could be a new beginning for Stressgen. McKee has his work cut out for him, the company is in a deep hole, Korpie about destroyed it, but I think there is hope.

I still like the technology.
May buy a few shares tomorrow.

B G

>>

Heat