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TOPIC: OSIR to Pink Sheet

OSIR to Pink Sheet 13 Mar 2017 14:58 #9005

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Delisting from NASDAQ!

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OSIR to Pink Sheet 14 Mar 2017 10:02 #9006

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franshei wrote: Delisting from NASDAQ!


Yes- about a year ago I read this article from Richard Pearson at Seeking Alpha accusing the Company of fraud in their financial statements.

He wrote a few lines yesterday too....

Summary

In over 100 articles I have seldom used the word fraud to describe concerns. I reserve that word for the very worst situations where I have the highest confidence.

Within a few months after I expressed my fraud concerns on Osiris, we saw a CEO resignation, sweeping restatement of inaccurate financials and a criminal investigation.

Last Friday (after market close) Osiris announced that it would finally be delisted to the pink sheets.

I am short Osiris.

Lessons from Osiris can help people avoid catastrophic losses elsewhere.


Full article here: HERE

I guess he was right...:KO:

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

OSIR to Pink Sheet 14 Mar 2017 19:36 #9007

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Glad to see you're reading Seeking Alpha again ;)

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