The May Report: 11/2/2011: Look, Groupon is not the only firm in Chicagoland and note to Kevin Willer: we have biotech, life sciences, nanotech, energy, material technology, — every firm is not an internet start-up getting $1MM+ in funding mostly from Lightbank — and even in the world of IT, we had a story that was under-covered — the sale of Initiate Systems to IBM in which, as I understand it, IBM made full use of their technology but how on earth did I miss this story: Advanced Life Sciences suspended operations in May of this year, and for Pete’s sake, just a month before that, I was brow beating Dick Reck, Tom Thornton, Terry Osborn, and Scott Meadow who were board members at ALS; and the company was considered at one point to be a jewel in the crown of Chicago biotech and life sciences, so now I have to investigate what happened and thankfully, I do have some knowledgeable sources here; Tarkus Murphy on “Free Enterprise. The American Dream. Horatio Alger gone mad on drugs …. Do it now: pure Gonzo journalism.” HST – Fear and Loathing in Las Vegas; momo-chicago lives!