RE:Re: SCRNThere was some discussion between Andrew Ryu and a fellow investor that I was privy to. It was a rather cryptic response but at the time he took over as CEO, which is when AddBio disappeared from the website, his response that "they" were looking into its value as an addition to the company.
The questions to be asked, an answer of which can only be speculated on include the following:
(1) Why was Lena removed from the CEO position ....which may or may not be connected to AddBio?
(2) We know thete was (is) a parent company to AddBio ....how are they connected to this story?
(3) It certainly appears that Andrew Ryu has felt no sense of responsibility or compulsion to publicly enlighten shareholders as to what happened with this ....which circles back to (1).
Unfortunately there is nothing to suggest the answers to these will ever be forthcoming.
On another note there was some recent insider buying that appears could have been, in part, connected to the PP. It was suggested by one poster that this money would in essence be used to cover the salaries of insiders. It seems a rather inane mechanism for paying oneself by purchasing shares by the company (by insiders at a premium), pay the insiders of said company back (which at this stage means they've broken even) and then base your salary on selling (dumping) those same shares at a significant discount. OR ....there's a sincere belief the sp will rise above $.05?
Lots of questions ....but very few if any answers!!!
GLTE ....still hanging around here!!!