KK Quits

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A pal of his is the CEO of a new Research and Development company in Cambridge. There are many thought leaders working there. Eventually they will be purchased by a big BioPaharm or GE/Clarient.

I bet you that is where Kevin is headed to!
 






It is common knowledge in the industry that Boorstein is leaving too.

Give it one-two months tops.

There is no money left to spend, so these guys want to go and not be part of the sale.
 






useless company! useless lab! useless, inexperienced managers!

Losing Millions every year- averaging loss of $100K every business day!

Look at the last 3 fiscal year results:


Net Income Applicable To Common Shares (22,233) (23,564) (10,653)

Total loss in 3 years: > $56 Million!!!

Latest quarter loss: $5.7 Million!!! (about $2 Million a month!, or $100K every business day)

And continuing....

Atmost 9 months money in bank-at this rate...

No one is going to buy this-best to close it down-lots of layoffs coming...entire company will be in bankruptcy...like Westcliff-look it up...
 






I can save them 50%; they should just close the doors, and write me a check for $50K, every day from Monday to Friday-they will be "open for business" longer-for about 18 months...
 




































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