Wednesday, February 25, 2009
Vertebron: "The ship be sinkin' and we be takin' on water!"
The word on the street is that Vertebron was offered $25MM by Cardomedical. Unfortunately, the "brain surgeons" that have run that company probably let their egos (aka greed) get in the way. Based on what's been written on other blog sites this company has stiffed everyone from employees to vendors to stockholders. Nice job boyz! When Paul Sendro was hired as President and CEO and issued a press release, it was like a who's who of former Blackstone employees. To hear that all of that top heavy management has been let go is a sign that something is not right at the good ship Vertebron. If there is any truth to the rumor that "the ship be sinkin' and we be takin' on water" the only suggestion that the Spineblogger has is file for Chapter 11 Bankruptcy Protection. Spineblogger wonders if there is a fire sale going on in the Middle East?