Andrew Hall v. Medicis Execs a must read

Anonymous

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http://dockets.justia.com/docket/arizona/azdce/2:2008cv01821/406109/

Cut and paste this link to follow filings and motions. Any investor who places trust in an organization should follow this for its pure educational value.

BTW:
"the Company was not “booking revenue in advance of future quarters.”
What about loading in that customer/physician who bought $100k+ once a year and used it throughout the year ( stuffing the ultimate customer channel). That in addition to all the comp syringes ( which were only begun to be stockered "Not for SAle" sometime around July 2006)they were /are given as an incentive to place that order to up the ranking and incentive comp for the rep.When was that sale recognized on the books - total value at the close of that quarter? And for those syringes given out as inducement pre-sticker days wherein they were not labeled "Not for Sale", could the physician have returned them for cash or exchange for fresher product?
Reps are given approx $220k street value annually in trade product that was never officially tracked until recent years Wonder why that is..
 


















this case must be God's plan to stop this evildoer in his tracks. In the final analysis it is always between God and you. And God always wins..and good always prevails over evil. Remember that as you tuck yourself into the quiet of your bed this evening. Perhpas you'll know fear up close and personal for a change of pace.
 












Dear Mr Hall,
Subpoena all emails sent to and from Jodi Kelso askingthat 90 day terms be approved for order of 50 or more. Therein may lie some proof you need to prove improper revenue recognition on those large deals we closed at the end of every quarter.

Good luck.
 












if you can just hang in there for a bit,mr hall, I think I can help you with one of those emails to Jodi mentioned above. I know who your attorneysa are and will be happy to send it.
 


















what's the latest on this? anyone out there know?

I dont see what is wrong with this- we ask our accounts to strategically order all the time so they can take advantage of rebates. OF course- its so we can make our numbers too- there isnt anything wrong with people buying large quantities & using them later.
 






I dont see what is wrong with this- we ask our accounts to strategically order all the time so they can take advantage of rebates. OF course- its so we can make our numbers too- there isnt anything wrong with people buying large quantities & using them later.

No kidding! They can buy whatever amount they want and use it in their own time frame. On top of that when an account buys more than a quarters worth this doesn't help a rep out that much as they will have to make it up somewhere else the next quarter. Medicis is doing everything right - just some people out there trying to make a buck it will be a waste of time for everyone and cost alot of money because lawyers are involved.
 






I dont see what is wrong with this- we ask our accounts to strategically order all the time so they can take advantage of rebates. OF course- its so we can make our numbers too- there isnt anything wrong with people buying large quantities & using them later.

No actually there is. You are obvioulsy not educated in the ways of securities law. Its called stuffing the channels to cook the books and faslely inflate the stock price to decieve investors.
 






No kidding! They can buy whatever amount they want and use it in their own time frame. On top of that when an account buys more than a quarters worth this doesn't help a rep out that much as they will have to make it up somewhere else the next quarter. Medicis is doing everything right - just some people out there trying to make a buck it will be a waste of time for everyone and cost alot of money because lawyers are involved.

you must be blonde.