Wake up Reps

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anonymous said:
Agree, this company is doomed in debt and no fiscally responsible investor/company will take on this sinking ship! As stated on previous posts, the pain mkt is rapidly contracting and opioid utilization is declining rightfully so! Sleep/Migraine/Pain all can be treated generically and prefered by patients and managed care. Aggressively rebating to pump up sales is not a recipe for success. Mgmnt is trying to salvage whatever they can but the inevitable is rapidly approaching and we will be left behind! Trust me
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Insider or WS grinder the analysis is accurate
 






Agree, this company is doomed in debt and no fiscally responsible investor/company will take on this sinking ship! As stated on previous posts, the pain mkt is rapidly contracting and opioid utilization is declining rightfully so! Sleep/Migraine/Pain all can be treated generically and prefered by patients and managed care. Aggressively rebating to pump up sales is not a recipe for success. Mgmnt is trying to salvage whatever they can but the inevitable is rapidly approaching and we will be left behind!
The end"is coming
 






"Strategic Alternatives" is what I'm hearing around the cubicles. When i ask what strategic alternatives mean, the reply is, "Bankruptcy." I'm done. We could increase sales 7 fold and still can't make a dent in this debt. As a sales rep, debt is not my department. But I can see where we are headed. Not waiting for a layoff with no severance package. Goodbye Pernix.
 






You guys are all idiots. Pernix is leaking this information intentionally. It makes their dilution of common stock more profitable. Run up the SP with rumors so they can dump at hirer price. Genius really.
 






anonymous said:
"Strategic Alternatives" is what I'm hearing around the cubicles. When i ask what strategic alternatives mean, the reply is, "Bankruptcy." I'm done. We could increase sales 7 fold and still can't make a dent in this debt. As a sales rep, debt is not my department. But I can see where we are headed. Not waiting for a layoff with no severance package. Goodbye Pernix.
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anonymous said:
Most of the sales reps are indeed looking for new jobs as they realize the financial distress condition of company. Management most likely also realizes that sales revenue is being effected by the very low morale of the sales force. They are smart enough to realize most reps have "checked out" mentally and will be leaving in droves. This is one of the reasons why the company exercised their "dilution" of shares into the market place to raise even more capital. This insures that when weak Q3 sales numbers come out as expected, they will still have enough operating cash on hand to offset lack of sales.

Agree it is not a pretty picture. But honestly management is trying their best to turn the company around. It is going to take some time as no savior in a buyer will purchase this company as it stands right now. Need to resolve debt issue and also have several quarters of positive net profits sales revenues to get fair value for company.

Sales reps really need to hang in there as they are the key to the turnaround. With all of you sales reps, the company has no chance of success or a buyout. But the Grinder does understand if you must find new jobs. After all you must do what each one of you individually feels is best for your family.

I hope you all stay and be part of the turnaround. But either way wish you and your families only the best.

The WS Grinder
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Didnt this a-hole say that he was done posting on this board some time ago. And then say it again. Go away WS Grinder...or get a job. Stop acting like a glorified Cafe Pharma psychologist.
 












anonymous said:
Agree, this company is doomed in debt and no fiscally responsible investor/company will take on this sinking ship! As stated on previous posts, the pain mkt is rapidly contracting and opioid utilization is declining rightfully and we dont have the abuse deterent indication which means no managed care org. will add to formulary! Sleep/Migraine/Pain all can be treated generically and prefered by patients and managed care. Aggressively rebating to pump up sales is not a recipe for success. Mgmnt is trying to salvage whatever they can but the inevitable is rapidly approaching and we will be left behind! Trust me
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Agree
 






anonymous said:
Agree, this company is doomed in debt and no fiscally responsible investor/company will take on this sinking ship! As stated on previous posts, the pain mkt is rapidly contracting and opioid utilization is declining rightfully so! Sleep/Migraine/Pain all can be treated generically and prefered by patients and managed care. Aggressively rebating to pump up sales is not a recipe for success. Mgmnt is trying to salvage whatever they can but the inevitable is rapidly approaching and we will be left behind!
The end"is coming
Click to expand...
 












anonymous said:
Agree, this company is doomed in debt and no fiscally responsible investor/company will take on this sinking ship! As stated on previous posts, the pain mkt is rapidly contracting and opioid utilization is declining rightfully so! Sleep/Migraine/Pain all can be treated generically and prefered by patients and managed care. Aggressively rebating to pump up sales is not a recipe for success. Mgmnt is trying to salvage whatever they can but the inevitable is rapidly approaching and we will be left behind!
The end"is coming
Click to expand...
 






People are saying there's a manager who travels to this one Ohio pain clinic known as "pudgy" who makes the entire female staff uncomfortable by the way he just leers at them. How can a manager not be aware when he's doing that? Disturbing!
 






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