If I had been on the CHM board the company would be either in much better financial shape or already sold, all depending on whether CHM's assets are that great or not. Only since the new CEO took over we were told about the problems that their 2 lead assets are facing: Not enough specialists available to continue the ph1b GBM CAR-T, no interest to financially support CDH17 and no excitement shown by big pharma or funds regarding their 2 AML trials.
Same applies to IMU. And I ask again you and those who threw their verbal diarrhea at me:
Could I have made it any worse than it is at CHM and IMU? No, not a million NOs. The Hopper controlled boards ran CHM into the ground, no explanation, no apology, no plan for the future. Could I have done any worse? No.
IMU took on too many costly assests at the same time and that failed strategy is now dragging down the valuation as even blind Freddy can see the outcome if no funding can be secured. Hopper alone drove the sp down, not me. I would have tried to intervene to save what's possible. Me on the IMU board would have made it worse? No! Only better!
No regrets so far that I sold out at IMU and CHM. I hope for you holders that continuing holding these 2 won't be your biggest regrets.
IMU Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
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