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MED BIOGENE INC V.MBI

Sector: Healthcare | Sub-Sector: Diagnostics & Research
Alternate Symbol(s):  MBGNF

Med BioGene Inc is a development stage life science company. The Company is engaged in the development and commercialization of genomic-based clinical laboratory diagnostic tests for cancer.
Price: $0.04 | Change: $0.00 | %Change: 0.00%
Volume: 88,800 | Day High/Low: 0.045/0.04 | 52 Week High/Low: 0.135/0.04
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RE:RE:RE:The plot thickens

What I found odd in WJ's last news release was how Precision didn't know that EB was planning on taking them to arbitration. I know EB has his faults, but he wouldn't blatantly lie like that to his...read more
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RE:RE:The plot thickens

We are seeing what's been a fundamental disagreement between Precision's board and SM.I think they gave SM until the end of this year to launch, and canned him when he wouldn't. The PTI board wants...read more
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RE:The plot thickens

Good post upandatem. And as the plot thickens, more questions will arise. Did SM participate in the conference call at all? And if he did, we need a better explanation than what was released as to why...read more
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RE:RE:Question?

Thanks for the info fangornforest, should be interesting to see what happens.  rate and reply
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The plot thickens

I have finally become a believer that Sean McDonald has departed from Precision, as this was reported by a reputable business journal- or I hope so as it is the Pittsburgh Business Times.  So Sean...read more
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RE:Question?

The news piece from the Pittsburgh Business Times (link below) reports his departure. I emailed the reporter because there is no other news on it, and she confirmed that she spoke to Sean McDonald.  ...read more
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Question?

Is sean really done? Where can I find this info..  rate and reply
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RE:Sean McDonald Gonzo

What an idiot you are! SchiffKnowsBest wrote: I wonder if Bain and the bunch forced him out due to all the delays?  Given that he "soon expects to reveal his next career move", that tells me he likely...read more
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RE:RE:RE:RE:RE:Sean MacDonald out...

Only my thoughts. I think Bain is like activist investor, they probably got their own man already lined ready for action. And MBI's activist investor (WJ) also got in already. The stage is set for...read more
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RE:RE:RE:RE:Sean MacDonald out...

Exactly. I found it odd how the VC's said nothing while their tens of millions was stuck in the delay. This must be their protest.  rate and reply
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RE:RE:RE:Sean MacDonald out...

it would be interesting to see WJ reporting back from the pre-christmas meeting with Precision. If I were the VC, I would want to fast-track the launch, time is money!  rate and reply
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RE:RE:Sean MacDonald out...

Agreed. I think today was good news for us. A week ago we were resgined to a launch that's many months away. Now the executive in charge of that plan is gone. Precision is about to have new management...read more
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RE:Sean MacDonald out...

Honestly fangon, I think things can only get better from here. What happen when you get two new managers hungry to prove their worth? and the best part is, they would have shareholders and VC backing...read more
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Sean MacDonald out...

Any thoughts or ideas? I suspect he had a disagreement with the board on the two products, which I think is based on the launch timing. They decided to bring someone in who will accelerate the...read more
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RE:Sean McDonald Gonzo

So Schiff ...is this the same Sean McDonald that spoke publicly to on air and told both you and earthscience that.....yes a launch of some sort will take place this year ! Is that the Sean McDonald...read more
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RE:SM departure

This is not surprising. Precision has collected more than $200+ million in venture capital money, which meant they received a majority on the board. Bain, Adams..you name it. VC's don't give money...read more
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RE:SM departure

I will be waiting for WJ to release this news before I believe it fully. Last time Precision's move was speculated on this board everyone was made to believe that launch of genefx lung was going to be...read more
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SM departure

Fallout from proxy battle? Fallout from radio talk show? Is there more between EB and SM than we know? Hopefully WJ will tell us soon.  rate and reply
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Sean McDonald Gonzo

I wonder if Bain and the bunch forced him out due to all the delays?  Given that he "soon expects to reveal his next career move", that tells me he likely doesn't have one yet and maybe he was forced...read more
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Website

Precision presentation is now on the website. Details on Contact Us page have also been updated.  rate and reply