Is anyone alive?

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Anonymous said:
A new COO was announced last night via email. They are really trying to unload this company to a foreign buyer. Good luck with that!
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I think its a brilliant strategy! They are obviously planning on exploiting the language and communication issues with a foreign buyer in trying to dump this company on someone who isn't quite sure what they will be getting. Its brilliant, I tell you, just brilliant!
 






Anonymous said:
A new COO was announced last night via email. They are really trying to unload this company to a foreign buyer. Good luck with that!
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So they are probably paying this new guy $250-$300k a year at a company that isn't profitable. So WTF is Natasha doing? Why do we need a COO and a CEO when there are no products? Wait until he meets Mr. ADD the wheels on the bus go round and round man....
 


The investors are beyond desperate and want out now! This guys salary is a small price to pay if can unload this company to a European buyer. Besides, we just cut 175 jobs, $250K is only like 4-5 SS's yearly pay here. I hope we do get sold! I'd say we have a 50% chance of keeping our jobs if we're sold, and a 50% chance of going bankrupt before we're sold. That washes out to a 25% chance for xano , and that's being overly optimistic!

And before you say it, yes I am SB.
 




Anonymous said:
The investors are beyond desperate and want out now! This guys salary is a small price to pay if can unload this company to a European buyer. Besides, we just cut 175 jobs, $250K is only like 4-5 SS's yearly pay here. I hope we do get sold! I'd say we have a 50% chance of keeping our jobs if we're sold, and a 50% chance of going bankrupt before we're sold. That washes out to a 25% chance for xano , and that's being overly optimistic!

And before you say it, yes I am SB.
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SB- You are waaaaay to optimistic. I mean come on, the lawsuits alone will put this puppy in bankruptcy. Do you really think there is even a 1% chance of a company buying us with all of this litigation? No company in their right mind would buy a company with pending litigation like this. Why not wait for the fire sale? What I mean by firesale is once this puppy goes belly up then Zipsor will be real cheap. Why buy the whole cow when you can get the milk for a very cheap cost? Got cut some hair puss boy...
 


The hope is that a prospective buyer wouldnt be looking to buy Zipsor, but an existing pharma company licensed to sell drugs in the US. Its a lot easier to acquire one than build one from the ground up.

Make no doubt about it, we are on the ropes! Cutting all costs, trimming the sales force down to a skeleton crew, and whatever else it takes, has all been done to make this company appear profitable to a buyer. This has been the openly stated goal of our leadership.

However, the impending Darvocet lawsuits will prevent 99.9% of all foreign prospects from buying us and assuming that financial liability. This company needs to make more money...bottomline! Which means more products. Selling Lysteda was a huge mistake, it was done to try and dig us outta debt, but now we're back to being a one-trick pony. Leadership was planning on doing the "one and done" trick and dumping us off to the first buyer, but now with these lawsuits, thats not gonna happen anytime soon.

The pending lawsuits are at least buying us the time to collect a check while looking for work elsewhere.
 


Anonymous said:
The hope is that a prospective buyer wouldnt be looking to buy Zipsor, but an existing pharma company licensed to sell drugs in the US. Its a lot easier to acquire one than build one from the ground up.

Make no doubt about it, we are on the ropes! Cutting all costs, trimming the sales force down to a skeleton crew, and whatever else it takes, has all been done to make this company appear profitable to a buyer. This has been the openly stated goal of our leadership.

However, the impending Darvocet lawsuits will prevent 99.9% of all foreign prospects from buying us and assuming that financial liability. This company needs to make more money...bottomline! Which means more products. Selling Lysteda was a huge mistake, it was done to try and dig us outta debt, but now we're back to being a one-trick pony. Leadership was planning on doing the "one and done" trick and dumping us off to the first buyer, but now with these lawsuits, thats not gonna happen anytime soon.

The pending lawsuits are at least buying us the time to collect a check while looking for work elsewhere.
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There are a lot more companies out there with similar sized sales forces with a lot less baggage. But then again SB might throw in his hair salons to sweeten the deal
 


Anonymous said:
The hope is that a prospective buyer wouldnt be looking to buy Zipsor, but an existing pharma company licensed to sell drugs in the US. Its a lot easier to acquire one than build one from the ground up.

Make no doubt about it, we are on the ropes! Cutting all costs, trimming the sales force down to a skeleton crew, and whatever else it takes, has all been done to make this company appear profitable to a buyer. This has been the openly stated goal of our leadership.

However, the impending Darvocet lawsuits will prevent 99.9% of all foreign prospects from buying us and assuming that financial liability. This company needs to make more money...bottomline! Which means more products. Selling Lysteda was a huge mistake, it was done to try and dig us outta debt, but now we're back to being a one-trick pony. Leadership was planning on doing the "one and done" trick and dumping us off to the first buyer, but now with these lawsuits, thats not gonna happen anytime soon.


The pending lawsuits are at least buying us the time to collect a check while looking for work elsewhere.
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You are certainly a home office person. Who would know all of this unless you are in the inner circle.
 








Anonymous said:
I can't believe we're still here!!!

And SB is still employed and running this place into the ground...or to the core of the earth at this point!
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We're down to a mere 75 reps, and still not profitable!

What's the plan now? We barely have a salesforce, 75 reps is laughable, cutting it any lower is suicide.

I'd love to hear how we're going stay alive.
 





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