It is interesting to read everything. This is how Dendreon had worked. Gold, Dick Brewer who is the Chairman of the Board are running everything. They have always been jumpy to the investors (big ones) questions. Every time major private investors and sometimes folks from for example JP Morgan and etc., called, they jumped.
Everything had started before Hans came on board. We had asked consultants to give us the projection for the first year sales and they had given us somewhere between $200-240 Mil. When Hans came on board he actually asked for the second and maybe even the 3rd estimates, every estimate was in the same ball park.
When news hit Mitch, he sent it to Dick Brewer and then to the big investors, they were unhappy and put the pressure on CFO to increase their estimates. CFO ran it by Mitch and Brewer and the board and Hans had to increase the projections.
There are calls and e-mails to KS, VP of Communication from investors requesting such an increase in projection. It is very easy to go back and look at all these records and see who said and did what.
Despite all his effort, Gold and company cannot erase the records. Former VP of Marketing and Director of Marketing are both in Seattle Genetics; they received lots of money to keep this quiet and if they say something Dendreon can get the money back.
If I was a federal agency and or attorney, I would subpoena, KS, VP of Communication and would ask her all these questions and if she lied, produce other collaborators such as former VP of marketing and etc. They have to cooperate under federal subpoena and Dendreon cannot do anything about it.
Chief Medical Officer, MF, is another weak link who has participated in all meetings and is aware of all criminal activities and under subpoena and threat of loss of his Medical license, he will be able to tell what is needed to convict Gold and others.
Everything had started before Hans came on board. We had asked consultants to give us the projection for the first year sales and they had given us somewhere between $200-240 Mil. When Hans came on board he actually asked for the second and maybe even the 3rd estimates, every estimate was in the same ball park.
When news hit Mitch, he sent it to Dick Brewer and then to the big investors, they were unhappy and put the pressure on CFO to increase their estimates. CFO ran it by Mitch and Brewer and the board and Hans had to increase the projections.
There are calls and e-mails to KS, VP of Communication from investors requesting such an increase in projection. It is very easy to go back and look at all these records and see who said and did what.
Despite all his effort, Gold and company cannot erase the records. Former VP of Marketing and Director of Marketing are both in Seattle Genetics; they received lots of money to keep this quiet and if they say something Dendreon can get the money back.
If I was a federal agency and or attorney, I would subpoena, KS, VP of Communication and would ask her all these questions and if she lied, produce other collaborators such as former VP of marketing and etc. They have to cooperate under federal subpoena and Dendreon cannot do anything about it.
Chief Medical Officer, MF, is another weak link who has participated in all meetings and is aware of all criminal activities and under subpoena and threat of loss of his Medical license, he will be able to tell what is needed to convict Gold and others.