Tim McCarthy - Chocolate Teapot31 Dec 2018 11:31
I think a few people are getting the sense that Tim McCarthy is not a man who delivers on promises and certainly not the man to turn Immupharma's fortunes around.
The MAP was 'announced' in July and we have heard nothing about it since. We have also been told by IR that there is no dependancy between the MAP and the ET. They should by now have some preliminary idea as to how the ET is going but have kicked the can into Q2. Said can has now also been kicked with Incanthera, who by all accounts were pencilled in for an IPO in Jan. No update on that either or the Nucant sale and don't even ask about the NDAs or director closed period or you'll get a snooty high handed but vague reply from IR, if you're lucky.
Immupharma could have released December's 'Corporate Update' last July as it seems barely seems to have progressed in 8 months with the same story been spun out with every cut and paste 'media update' but no actual evidence or progress.
I'm surprised that the board are tolerating Tim '90%' McCarthy at the moment as he seem utterly clueless around company profile, news flow pr marketing. He certainly doesn't give a sht about investors.