sale rumors, what's new?

You are making up numbers in your sick attempt to damage Dendreon. You have conversations with yourself all day on this board. You have a vendetta against the company. The company has over $500 million in cash which is enough to fund operstions for at least 2.5 more years. Nearly the entire management team has been replaced. It is an honest company. Provenge is a great product and will sell well. The lies and criminal conduct come from you. You have blood on your hands for chasing away sales reps with your lies. This directly led to patients not getting provenge when they should have. This is the reason you post your lies here all the time. You will stop at nothing to hurt dendreon.

Coward be a man and confront Gold in person. You spend your entire pathetic meaningless life posting on Cafepharma. Your whole life revolves around this message board. You are all talk and no action like a little sissy. Everyone see what a cowardly and disturbed person you clearly are. No one wants to read the whimpering rants of some little coward. You are a wimp that is a complete laughing stock to everyone you encounter. Bring Gold to justice yourself rather than spending years of your worthless and pathetic life posting nothing of value to anyone. Stop ranting endless utter nonsense and hiding like some little child. It is highly embarrassing and a waste of everyone’s time. No one wants to read the insane rants of a wimp and coward. No one.
 












You are making up numbers in your sick attempt to damage Dendreon. You have conversations with yourself all day on this board. You have a vendetta against the company. The company has over $500 million in cash which is enough to fund operstions for at least 2.5 more years.

Cash burned last qtr was ~$90M, change in cash, short-term, inventory receivables was $76M and they added $5M more in debt. $49M is fantasy accounting.

Cost of closures and RIF will be $100-200M. So, they have ~4qtrs left.

Critical number is "one year cash", when they drop below that, the auditors can't certify them as a "going concern". That's only a qtr away.

There are lots of steps they could have taken to have made it. Each one was studiously avoided.
 






You are lying. Cash burn was $49 million last quarter and includes working capital items. The company has over $500 million in cash. Maybe we should discuss "the going concern" of your sanity. You have already burnt through all of that.

Schiffman:

"We have a strong balance sheet with cash, cash equivalent and short and long-term investment at June 30, 2012 of approximately $510 million compared to December 31, 2011 of approximately $618 million. For the quarter the company had a net cash usage of approximately $49 million. You can see we are continuing to become more efficient with our cash.

I’ll now turn the call back over to John."
 






Citigroup noted, “Q2:12 Provenge sales of $80M were below consensus $85.2M and Citi $87.5M. Despite 874 infusion centers that are users, the lack of demand for Provenge is the key issue and the stock remains a show me story in our view. Given the lackluster demand, we are concerned about Dendreon's ability to repay the 2016 debt.”
 






Cash burned last qtr was ~$90M, change in cash, short-term, inventory receivables was $76M and they added $5M more in debt. $49M is fantasy accounting.

Cost of closures and RIF will be $100-200M. So, they have ~4qtrs left.

Critical number is "one year cash", when they drop below that, the auditors can't certify them as a "going concern". That's only a qtr away.

There are lots of steps they could have taken to have made it. Each one was studiously avoided.

Agree. If GS wants to classify cash burn as one thing to put lipstick on a pig while actual cash and equivalents and short-term inventory receivables declined by almost double the 49M then so be it. The idiots who fall for that "massaging of numbers" are the same idiots who rode this from 60 to 4.