Why bankrupt the company in a year rather than two? is 6 months even better?

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Anonymous

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Is it in the board's interest to have the company wrapped up in a year rather than two?

I presume the Feds are done by then and so legal fees have all been paid.

Can they stall the shareholder suits and avoid embarrassing depositions for a full year?

Will they have to do something else to bring it down in 6 months?

What can they do that looks like they are "responding to the market", but really just accelerates bankruptcy... take a $100-200M writedown, stop making as much product, get rid of the sales force, but they've done that already!, so what else? Bad news earnings calls? done that.. Inappropriate labeling of the product so it's not used at the best time, nope, already done..... Screw up the clinical trial so the product doesn't look as good,.... keep thinking they are ahead of you..... Get a CEO who has run another pharma with product into the ground, ... ok, you're thinking even more like them now, but keep going, they need more.... Make everyone think that you are moving so they won't take your job offer in sales.... yep....I suppose they could "get" a viral infection in the production plants. What do you think, before or after the next EC? No, members of the board go to lawyers' offices, not the plants, and they don't know anything about viruses and immunology, wait, one of them does! Is he scheduled to visit them? but, hmmm, what else? They could have monthly instead of quarterly Earnings Calls, those always halve the share price,.... how do you have a cure for cancer and become bankrupt faster, surely that's a challenge D'Enron can continue to meet.

Inquiring minds want to know.
 






Anonymous said:
Is it in the board's interest to have the company wrapped up in a year rather than two?

I presume the Feds are done by then and so legal fees have all been paid.

Can they stall the shareholder suits and avoid embarrassing depositions for a full year?

Will they have to do something else to bring it down in 6 months?

What can they do that looks like they are "responding to the market", but really just accelerates bankruptcy... take a $100-200M writedown, stop making as much product, get rid of the sales force, but they've done that already!, so what else? Bad news earnings calls? done that.. Inappropriate labeling of the product so it's not used at the best time, nope, already done..... Screw up the clinical trial so the product doesn't look as good,.... keep thinking they are ahead of you..... Get a CEO who has run another pharma with product into the ground, ... ok, you're thinking even more like them now, but keep going, they need more.... Make everyone think that you are moving so they won't take your job offer in sales.... yep....I suppose they could "get" a viral infection in the production plants. What do you think, before or after the next EC? No, members of the board go to lawyers' offices, not the plants, and they don't know anything about viruses and immunology, wait, one of them does! Is he scheduled to visit them? but, hmmm, what else? They could have monthly instead of quarterly Earnings Calls, those always halve the share price,.... how do you have a cure for cancer and become bankrupt faster, surely that's a challenge D'Enron can continue to meet.

Inquiring minds want to know.
Click to expand...

Priceless, just priceless. I think you need to do a post which pleas to Brad Loncar to lead a shareholder revolt to remove the board now. He has shown leadership ability. He worked on that crazy McCain/Palin campaign but we won't hold that agaisnt him.
 






Anonymous said:
Is it in the board's interest to have the company wrapped up in a year rather than two?

I presume the Feds are done by then and so legal fees have all been paid.

Can they stall the shareholder suits and avoid embarrassing depositions for a full year?

Will they have to do something else to bring it down in 6 months?

What can they do that looks like they are "responding to the market", but really just accelerates bankruptcy... take a $100-200M writedown, stop making as much product, get rid of the sales force, but they've done that already!, so what else? Bad news earnings calls? done that.. Inappropriate labeling of the product so it's not used at the best time, nope, already done..... Screw up the clinical trial so the product doesn't look as good,.... keep thinking they are ahead of you..... Get a CEO who has run another pharma with product into the ground, ... ok, you're thinking even more like them now, but keep going, they need more.... Make everyone think that you are moving so they won't take your job offer in sales.... yep....I suppose they could "get" a viral infection in the production plants. What do you think, before or after the next EC? No, members of the board go to lawyers' offices, not the plants, and they don't know anything about viruses and immunology, wait, one of them does! Is he scheduled to visit them? but, hmmm, what else? They could have monthly instead of quarterly Earnings Calls, those always halve the share price,.... how do you have a cure for cancer and become bankrupt faster, surely that's a challenge D'Enron can continue to meet.

Inquiring minds want to know.
Click to expand...

One thing you haven't mentioned is that once deal is made and people are in prison and have paid restitution for the exact things that civil shareholder lawsuits allege, those suits are guaranteed losers for DNDN IMO. Only hope is that insurance would cover the few hundred million the settlement would be. Is insurance going to cover them for activities that executives are in prison for? Don't think so.

Lends more evidence to the fact that DNDN can't be on it's own. IMO, a sale is going to have to bake in the few hundred million class action settlement as well as of course the 600M in bond debt. That's 1 billion. How much more than 1 billion would anyone invest in this POS? If someone values the company at 1.2 B, they would only have to pay about 200M in cash and assume the lawsuit and bond liabilities.
 






Anonymous said:
One thing you haven't mentioned is that once deal is made and people are in prison and have paid restitution for the exact things that civil shareholder lawsuits allege, those suits are guaranteed losers for DNDN IMO. Only hope is that insurance would cover the few hundred million the settlement would be. Is insurance going to cover them for activities that executives are in prison for? Don't think so.

Lends more evidence to the fact that DNDN can't be on it's own. IMO, a sale is going to have to bake in the few hundred million class action settlement as well as of course the 600M in bond debt. That's 1 billion. How much more than 1 billion would anyone invest in this POS? If someone values the company at 1.2 B, they would only have to pay about 200M in cash and assume the lawsuit and bond liabilities.
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That's why Provenge rights will be sold at the yard sale.
 






I have never seen so much complete nonsense posted in one place than this board. It is like reading the Mad Magazine version of business analysis. Truly pathetic garbage.
 






Brad Loncar is a shareholder of Dendreon. He thinks Provenge has great promise. Don't believe me Tweet him and ask:

http://twitter.com/bradloncar

Brad has met John Johnson and likes him.

So much for all the stupid bankruptcy "theories". This board is infested with obsessed short traders spreading false negative information about the company.
 






Anonymous said:
Brad Loncar is a shareholder of Dendreon. He thinks Provenge has great promise. Don't believe me Tweet him and ask:

http://twitter.com/bradloncar

Brad has met John Johnson and likes him.

So much for all the stupid bankruptcy "theories". This board is infested with obsessed short traders spreading false negative information about the company.
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We know who Brad Loncar is. He is an activist shareholder even when he has one share. It's not about who he likes. It's about how he thinks he and shareholders will get the best return on their money. He wrote a 60 page missive to last management. He had never met them before he wrote it. He was writing about the company and faults with the company, not who he likes.

This BOD needs to be replaced and most longs with half a brain understand that.Their goals are not the same goals as shareholder goals. People on this board are on the verge of going to prison. The company right now is not about sales and how to maximize shareholder value. They are busy worrying about what the rest of their lives will be like. They are busy wondering what impact the federal indictments will have on the shareholder suits and what that means to value of the company.

You are so dense and so disturbed that you think any ideas that would make this company better for you the shareholder that aren't your ignorant status quo ideas are people who are criticizing the company. Go tweet Brad and I guarantee you he understands what needs to be done but his investment is so small and the undertaking so rigorous he may not think its worth it. But yes, a shareholder revolt removing this board is in your best interest Steve.

In all my years of investing and reading boards, I have never seen someone as dense as you are. This stock has gone down 95% while you have owned it. You have not been right once yet even as the stock is at 4, you still say everyone else is wrong. That is why I think your problems are much worse than just not understanding stocks. There has to be a gambling issue or a pathological issue. Get help or go to GA. You're pathetic and sad.
 












You are a coward and liar, you call me dense, you are a fraud and an a complete idiot. Where in this thread did the topic of board replacement come up? Have you completely lost what little is left of your mind?

Brad Loncar is a shareholder in Dendreon and you are an asshole. You will not Tweet and ask him personally because you are a fraud and liar. Brad is a shareholder, likes Johnson, and likes Dendreon's prospects. Those are facts. Sorry it doesn't fit into maniac short theory on "Dendreon bankruptcy". That "theory" is simply part of the sick world you live in. That doesn't fit into your stupid theories on "bankruptcy", etc so you go into one of your insane rants.

I don't know who steve is - is he your imaginary lover. I have made huge bucks in this stock and you are a loser. Are you BI, dye your hair red, and have a passion for explosives and firearms?
 






Brad Loncar does not have 1 share. That is lie. He has bought thousands of shares within the last year. He likes the prospects for Dendreon. He thinks that provenge is a "world class drug". He respect Johnson. That does not fit into your short seller delusionary world so you make up more lies. Just ask Brad, but you won't because everything about you is a lie. Your whole pathetic life is one big fraud for everyone to see. You are outed again you 8th grade idiot.
 






So sad that this board is completely overrun by a small group of stock traders that constantly post false and misleading information. This group has no conscious and could care less who they injury, be it prostate cancer patient or dendreon employee. They are completely devoid of any humanity and would destroy Dendreon just to make a few pennies.
 


















Anonymous said:
Is it in the board's interest to have the company wrapped up in a year rather than two?

I presume the Feds are done by then and so legal fees have all been paid.

Can they stall the shareholder suits and avoid embarrassing depositions for a full year?

Will they have to do something else to bring it down in 6 months?

What can they do that looks like they are "responding to the market", but really just accelerates bankruptcy... take a $100-200M writedown, stop making as much product, get rid of the sales force, but they've done that already!, so what else? Bad news earnings calls? done that.. Inappropriate labeling of the product so it's not used at the best time, nope, already done..... Screw up the clinical trial so the product doesn't look as good,.... keep thinking they are ahead of you..... Get a CEO who has run another pharma with product into the ground, ... ok, you're thinking even more like them now, but keep going, they need more.... Make everyone think that you are moving so they won't take your job offer in sales.... yep....I suppose they could "get" a viral infection in the production plants. What do you think, before or after the next EC? No, members of the board go to lawyers' offices, not the plants, and they don't know anything about viruses and immunology, wait, one of them does! Is he scheduled to visit them? but, hmmm, what else? They could have monthly instead of quarterly Earnings Calls, those always halve the share price,.... how do you have a cure for cancer and become bankrupt faster, surely that's a challenge D'Enron can continue to meet.

Inquiring minds want to know.
Click to expand...

You forgot involving the board in a criminal conspiracy so they curl into a ball and make an environment so toxic that people won't accept jobs and no company dares to buy it.

If anything insures bankruptcy, that's gotta be the lead item.

DNDN is the battle cry! Downward Downward!
 






Where too begin...none of this really matters. JJ supposedly had a secret weapon in his pocket that he was going to uncover to save the company...what a genius move he came up with! The moron decides to close a facility with more capacity than the 2 he left open! This guys as full of shit as mitch was, minus a few million dollars in his income. This place is beyond saving...Dendreon will consist of one central hub within the next 2 years and the other 2 facilities will be gone...this is fact, bank on it! The shame of it is, the product "was" great! Too bad that it won't be relevant once the Titanic sinks in the next 2 years. The hull is split wide open and we're taking on water...plug the holes with the stock certificates and head for the life boats!!!
 






Anonymous said:
"The company right now is not about sales and how to maximize shareholder value."

Written by the world's ultimate moron.
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If they were about sales and shareholder value, wouldn't they have a sales force and get reid of the criminals so they could rebuild investor confidence?

But they bend over backwards to avoid such things. They are too busy consulting attnys for their defense/deals.
 






Anonymous said:
If they were about sales and shareholder value, wouldn't they have a sales force and get reid of the criminals so they could rebuild investor confidence?

But they bend over backwards to avoid such things. They are too busy consulting attnys for their defense/deals.
Click to expand...

Only thing we know about Brad's shares is that he bought 1000 when Gold was ousted. Steve continue to lie.
 






Does anyone know if insurers pay class action settlements when crimes were committed by people at the top? The answer to this question is very important in determining if the BOD has more of an interest in DNDN going bankrupt than succeeding.
 






Shareholders should have a right to see DNDN's insurance plan so they can decide for themselves if they think Dendreon will be covered in the class actions, particularly because the Feds are investigating this company possibly for fraud.
 






Anonymous said:
Shareholders should have a right to see DNDN's insurance plan so they can decide for themselves if they think Dendreon will be covered in the class actions, particularly because the Feds are investigating this company possibly for fraud.
Click to expand...

There is never insurance that covers criminal pump and dump activity by your CEO that goes unquestioned by the rest of the board and executive. Qwest is the closest analog.

In general, "criminal negligence" isn't covered, much less criminal malfeasance.
 






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