What is the chance that Paul survives until Q3?

Paul most go and go now!! Its all over he as no clue and must leave!!

 

Paul Berns aka "liar liar" has left the building or should I say never entered the building called allos which he has now officially destroyed due to being totally incompetent. The BOD are also responsible for Paul allowing this bag of excrement to be CEO and not held accountable running the company!! It can not get any worse, Lawsuits are next. Hope the have good BOD insurance!!! Go Home PAUL BERNS, back to WI with YOU!!

 

Not all Paul and Mike's fault. exe team helps make all decision. who is Bruce. is he qualified?

 

And our legal eagle (mark g) has made some very poor decisions with no negative repercussions. Another executive with his head up PB's ass!!

 

Of course. Grabass is just another shill who looks the other way. But like Paul when the deal finally goes down he's in a nice position to earn a couple of million. Not bad work if you can find it.

 

Paul will be here until the company shuts down. You will be gone before Paul. That is the benefit of being an executive.

 

Nice post Paul!

 

Paul may skip town if sales come in the same as they were in Q1- can't imagine there is going to be any different bump in sales this quarter- I bet he goes and hides in the Wisconsin woods.

 

If sales goes down again, then is not good for everyone. The company may not even able to give us a severance or benefits. Don't even mention on cashing in on those options. $2.10/share can't buy lunch.

 

This is sad. Sometimes I wish I did not leave my prior company. I'm not sure which is worst, waiting to see what is next or hoping that this whole thing goes away?

 

Just never forget the managers that stood by this group. The good ones are gone, for having character & leadership. They stood up knowing that the path was wrong. The "old ones" who came along with Berns & Co from the start are just as much to blame. Our mistake was in believing we could make a difference. What we were allowed to do, and what they measured us on was metrics because that is all they knew. They were ignorant of their market, and we were ignorant of them.

 

How many of you are looking to move on?

 

We should all leave now, not much hope of getting any type of severance, only Paul and his team will enjoy any severance package. So disappointing to think that Paul and his cronies, the ones responsible for this disaster, will be the only one's to get anything out via employment agreements. Just look at the 10K to see how much Paul will walk away with, totally disgusting!

 

Any thoughts on the timing of implosion? Also, any thoughts on who might buy off the rights for the US? How about CTCL?

 

The timing is what it is because Paul fucked up. Too greedy for Celgene, missed the boat to Abraxis, BMS wants nothing to do with Paul or Caruso, AMAG is Allos will Paul Berns twin running the show, Genzyme is now Aventis and Aventis wants nothing to do with a 35 Million drug, Biogen-the Allos culture is toxic-what could be a fit will never happen, and with sales effectively stalled as docs look to any other option other than folotyn, CTCL while it make sense is not going to happen under Pauls watch.

Mundi likely will come in and buy the rest of the rights for 2-3 per share.

 

Do you think Mundi has the $ to buy the US rights? Or do you think they would wait until EU succeeds first? In the meet time we will run out of $. We can't make enough money to pay for the expenses, how is this company going to managed for another 6 months? Not adding up...

 

Burn rate is way to high month to month. To save lots of $$ we just need to cut overhead or as they say "dead wood". Start at the top, Paul Bern's and his team, saving the company lots and lots of money!! Remove Paul and his boys, makes total sense and easy to do if the BOD had any balls!! This ship is going down!!

 

Have there been talks of another company buying Allos or are we in quake sand? Can we survive until the end of this year given the burn rate?

 

Hold your breath like many of us. Hearing August...a cold summer...

 

"Mundi likely will come in and buy the rest of the rights for 2-3 per share."

That's the only hope left! The cost base for WP is about 2.6/share. So WP is significantly underwater here, and I'll bet if someone can make a 2.6 to 2.8 offer, WP would say yes and get on with the program. This company has run to the ground by Paul and his cronies. It is over, the longer Paul and his cronies stay, the less valuable this company's assets will be. It is time for the board to hire some bankers and put the company on the auction block.