gkmackdadzzz1 wrote: these guys can 1-star my posts all they want...denial.
for those people that's don't know how to find an MD&A or ever bother to read it (and why should you really, cause it's littered with mistakes constantly) this is what was
paid to Rancourt for PPP001 alone! This doesn't even count the remaining business portion of PPP and his additonal salary and derivative compensation. pretty good lot for a Stage 1 milestone.
took them 4 years to finish Stage 1...when do we reckon Stage 3 will be complete. Take a look at the amended circular posted today and see the "huge walls" that will be dumped upward of 0.71 and 0.72c. poor fortier sitting up there with 0.80c options.....bagholder.
The Corporation has entered into a sale and purchase agreement with 9315-4466 Qubec Inc., a corporation controlled by Mr. Chamberland, and 9206-8618 Qubec Inc, a corporation controlled by Andr Rancourt, Chairman of the board of directors of the Corporation (the “Contractors”). Under the terms of this agreement, each Contractor agreed to transfer
to the Corporation all of the intellectual property developed over the course of the PPP001 Phase 1 clinical trials in consideration for the issuance of certain options and common share purchase warrants. In consideration for such transfer, Mr. Rancourt’s corporation was entitled to the following compensation in connection with the completion of the following milestones:
1,250,000 options exercisable at $0.05 within 5 years upon the submission of a pre-CTA information package;
750,000 common share purchase warrants exercisable at $0.05 within 1 year upon the submission of a pre-CTA information package;
2,000,000 common share purchase warrants exercisable at $0.05 within 2 years upon the commencement of Phase 1 clinical trials of PPP001; and
2,000,000 common share purchase warrants exercisable at $0.05 within 3 years upon the successful completion of Phase 1 clinical trials of PPP001.
Stranius75 wrote: Actually Gkmack you called it and were right the whole time on your technical aspect. .
gkmackdadzzz1 wrote: Stranius75 wrote: Probably because of all the points I put forth. How could they just notice now and only mention this now with the amount of shard being owned. Unbelievable !!!!! Guarantee those are coming to market, then it’ll be fun to hear the spin leaf puts on that as to why they’re being dumped...... Keep drinking the koolaid
The Corporation also became aware of an inadvertent error in the management information circular of the Corporation dated May 22, 2018 and filed on SEDAR on May 25, 2018 in respect of the Meeting (the "Circular"). On page 5 of the Circular, the number of common shares of the Corporation ("Common Shares") owned or controlled by Mr. Andr Rancourt was incorrectly stated to be 1,615,000 Common Shares. Tetra wishes to clarify that Mr. Rancourt has not sold any Common Shares and continues to own or exercise control over 6,585,436 Common Share.
These guys can’t even disclose properly. He’s gonna exercise control of those 6M shares alright. He’s already won the lottery, while the bagholders start trying to predict when it hits 80c. Give you head a shake ppl.