Osmotica Pharmaceutical

why are they hiring again right now if they just did lay offs? they are hiring for a lot of different territories?

 

They do this every year. Hire and fire when the numbers don’t come in.

 

Buyer beware!!! Don’t join this company unless you have no other choice. The call during holiday break was so employees wouldn’t sell the stock because it dipped to $4.00! They tried to reassure everyone that they are investing in upneeq. The upper management seems to forget we’re living in a pandemic. If u join be prepared to show huge results on a new product-new to market - new docs within 3 months. If not u will get a PIP and lose any potential bonuses and possibly get fired. VP of sales just got fired too.

 

Wait they finally canned that clown Donlon?

 

Desperate and pathetic because they have left upper management intact.
Terrible place to work.

 

Absolutely not true. Sometimes things have to change for the better. Getting rid of certain people was a long time coming for many of us in the field. In most companies when you do not perform or have no skill to do so you are removed.

 

Useless

 

And sometimes things just keep getting worse until bankruptcy prevents affected displaced employees from even getting COBRA.
Buyers definitely beware. No ethics here

 

Stop spreading lies!

 

Definitely not a lie this company goes out of its way to screw over employees. The only people that matter are Markison JD Jarret Klein and Einhorn everyone else is expendable. Unless you're one of these 5 people, stop drinking the kool-aid dope

 

Company is for sale. Why isn't there communication about it? Would be good for sales force to know status of company we work for. I know we can research ourselves, however, the company should keep us informed. So....... anyone have any further information?

 

Where does it specify online or anywhere that this company is for sale? I can't seem to find that information so I am not sure I believe this

 

The management announced it in the third quarter earnings call with investors.
11/10/2020 seekingalpha.com q3 2020 results earnings call transcript.osm ceo brian Markison
Problem is after Arbaclofen failed the fda
No buyers are appearing yet
Don’t expect them to let anyone know until it’s over

 

Seeking alpha 3rd quarter earnings call w Markison in November 2020. SElling in parts or all together to anyone who is willing to buy to maximize shareholder value. Nobody is buying yet

 

”the board of the company announced today that it is undertaking a comprehensive review of strategic options to maximize shareholder value. The options include asset disposals refinancing commercial agreements. The review will also include the initiation of a process for sale of the Company which will commence shortly”
What more do you need- a personal phone call from Markison?

 

“THE review of the company will also include the initiation of a process for the sale of the company, which will commence shortly’
Still trust this place???

 

Is this HR?
-You must know the truth? What are you telling the new RVL sales applicants?

Sure hope they do their homework

 

Problem is things keep getting worse because of the c suite in charge. Most companies DO remove the people responsible for the poor results but they are the people in charge here and they do not seem to be leaving any time soon

 

What. NOw?
Sell to the highest bidder before 4 th quarter earnings are out 3/23.
Everyone will be out of a job but the big boys cash out

 

Wait.. what?!?! They are selling by March??