Huge changes at AAIPharma since 10/10


I don't know about you guys but I freaking love my job..uhh uhhhhhh yes I held that one in. But yo, waking up, getting some coffee, saying hello to the hot receptionist...uhh uhhhhhh I had to hold that one in too. Working at AAI, you guys, its the place to be..UHH UHHHHH AHHHHH I need to change my depends.
 
Nope, the fat stupid ones cost the same as the skinny stupid ones. Basically you get stupid for what AAI pays. No one with any other options would stay and take the abuse that is dished out be management. Smelly, stupid and small management.
 
It has been two long years since Waterstreet brought Pat to AAI and he brought his team on board. Have things improved?

Honestly I think it is worse.

The new lab looks nice but is poorly thought out and is still not fully functional. Morale is at an all time low, people are afraid to speak out because they will be fired. Many of the experienced people have left or have been fired and that loss of corporate talent and knowledge did not help quality, productivity or morale.

It is time for a change. Go AAI.
 
More old timers gone this week. Lori in customer service got walked out and Tracey, one of the lab people. WTF?? You could not get more loyal or dedicated hard working staff and THEY got fired.

This company is dying, they are firing people based on salary not competence or productivity......all that matters is the bottom line.

No one can guess who is next but the firings will continue. Great for our clients and morale. Go AAI
 
There is no one to blame for this mess except PAT.

Not the pat in HR, even though she makes bobo the clown look smart.

Remember when his porsche got crushed at the waffle house up in RTP? I wish that could happen again to these jokers.
 
The unrealistic “dream” was explicit from the very beginning: from 6% profit margin to 20%, announced to all employees pompously. Built on a pyramid scheme, appears to be, one step at a time.

First, you separate the raw materials group, physically and in accounting. Then, you push the sales force to focus primarily on raw materials work. Followed by all analytical groups working heavily for raw materials: All raw materials revenues kept in the raw materials account, all analysts costs kept in their separate accounts. “Miraculously”, the raw materials "exemplary", "world class" profit margins… Based on such numbers, Waters Street commits more money, so now Celcis is used to siphon revenues, but not cost, to AAI... The pyramid should not collapse, before the flipping takes place...

Fred tried in the end a pyramid scheme, with the channel-stuffing and quick Cephalon merger, but SEC was waiting on the corner (a bit late)…


True or false?
 
NASDAQ 1997
Sep 1997: 100
Jan 2014: 250

American Capital, Ltd. (ACAS)
Sep 1997 (started): 100
Jan 2014: 100

And they are offering now, through a subsidiary, ACSF, an IPO for $150,000,000.

Not good. Only CEOs are making big bucks; not investors (or workers).