WORKERS OF THE WORLD, UNITE!

Andy Stern wasn’t kidding when he publicly stated the most famous rallying cry of Communism:[1]

Stern professed, “Workers of the World Unite? It’s not just a slogan anymore.”

SIGA Technologies, Inc. is a company specializing in the development of pharmaceutical agents to combat bio-warfare pathogens and it was announced on June 21, 2010 that Andy Stern is joining SIGA’s Board of Directors. But wait, it gets even better…

SIGA is also a Federal contractor for the government. For a list of SIGA’s contracts with the Federal government, go to: http://www.usaspending.gov/search?query=&searchtype=JTdFZnElM0Q….

Without question, Andy Stern’s new position at SIGA connects him with just about everything – kids, food, pharmaceuticals, healthcare, biotech, space, defense – just about every industry through the Cornerstone Government Affairs relationships.

From SIGA's website:

Andy Stern Joins SIGA's Board of Directors
New York, New York, June 21, 2010 -- SIGA Technologies, Inc (NASDAQ: SIGA), a company specializing in the development of pharmaceutical agents to combat bio-warfare pathogens, announced today that Andy Stern, labor leader and prominent advocate for reform, joined SIGA's board of directors. Mr. Stern is the former president of Service Employees International Union (SEIU), the largest and fastest-growing healthcare union in North America.
Andy Stern was responsible for growing the SEIU from 1.0 million members into a powerful 2.2 million member union. Under his leadership, the SEIU had been widely recognized as being an engaged and influential force driving healthcare reform and, ultimately, passage of the 2010 Health Care Reform Act.
"Andy is a strong leader and a great addition to our Board of Directors. His insight, experience, and leadership, particularly his understanding of how our federal government works, will complement the skill sets of our existing board members," said Dr. Eric Rose, SIGA's Chief Executive Officer.
Mr. Stern has been cited in numerous publications as being one of the most influential leaders on healthcare and a frequent White House visitor. In 2010, Stern was named a Presidential appointee to the National Commission on Fiscal Responsibility and Reform.
Mr. Stern also serves on the board of directors of Broad Foundation, the Open Society Institute, and the Economic Policy Institute, as well as a lifetime Trustee of the Aspen Institute, and the President of the Kaiser Permanente Partnership.
Andy Stern is a graduate of the University of Pennsylvania and author of the book "A Country That Works" (Free Press).

The most important thing right now is to defund all of these companies. They need money for power. If we give it to them we are sponsoring our own demise. Just like the terrorists, they are using our own system against us. This must end. The founding fathers were right about the concentration of power (Washington D.C.) leading to corruption. Why didn’t we listen? Will we listen from now on?

Regarding Stern and SIGA. The real meat is his new “access” to voters and unionizing... with unlimited federal funding at his disposal to feed those efforts.

Agencies and Activities

http://www.siga.com/index.php?ID=14

Muckety: Cornerstone Government Affairs

http://www.muckety.com/Cornerstone-Government-Affairs/5004345.muckety

SIGA Technologies (SIGA): Initiate coverage w/ Outperform; to be awarded a big gov. contract - RBC Capital

http://www.streetinsider.com/New+Coverage/SIGA+Technologies+%28SIGA%29%3A+Initiate+coverage+w+Outperform%3B+to+be+awarded+a+big+gov.+contract+-+RBC+Capital/5282984.html

Excerpt:
Notablecalls: SIGA Tech (SIGA) certainly presents an interesting situation for traders here as RBC Capital seems to be the 1st firm to pick up coverage on this biodefense name. Biodefense (and homeland def. in general) has become a hit topic once again & contracts usually follow.

Note that SIGA has a long history getting funding from the U.S. Government. Since 2004, SIGA has secured approximately $122 million in government grants, contracts and awards to fund the development of ST-246 and other novel antiviral agents.

I really don’t think the Government will leave SIGA empty-handed after plowing $100m+ into the co.

As noted, RBC estimates the stock could be worth up to $26 if everything goes right. That’s some upside.

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