Forget about SP, my question is for Herm our “esteemed” CEO who was brought in to drive the stock price up. Herm can not ask for support from people with their money unless he is willing to put HIS MONEY into BDSI. I’m not just talking about holding onto his FREE shares. Share holders and investors are losing confidence. Hope he doesn’t try to dilute the stock with another 50 million worthless shares with the upcoming vote. What a mess!!!
The reason the stock is down is because our management wants to dilute 50 million more shares. What this sounds like to me is that we must not have enough cash on hand. That explains them messing around with our bonus, film counts and bonus payout dates. Of course Herm and Scott will line their pockets and reward themselves with more stock.
Everybody on the Board of Directors has their own agenda! Major conflicts of interest here. They need to step up and make the needed changes!
Yup and a class action lawsuit was filed yesterday by a NY firm that is investigating a potential breach of fiduciary duty responsibility involving the board of directors of BioDelivery Sciences International.
Other than collecting on the free shares that could be the reason why you don’t see anybody in management buying company stock with their own cash. Why invest your own cash when the board is doing shady stuff. Shady enough for an investigation and CAL.
The lawsuits follow him wherever he goes. Bdsi the money losing opioid company founded by bankruptcy experts. Is he in bed with Broadfin too?