Oncolytics Biotech Inc T.ONC

New office posted on website

[2O2Ovision]

US office contact  in San Diego that is. Cheers.

[Noteable]

https://www.loopnet.ca/Listing/4350-Executive-Dr-San-Diego-CA/18327484/ US$10 per sqf less expensive https://www.loopnet.ca/viewer/pdf?file=https%3a%2f%2fimages.loopnet.ca%2fd2%2fG52s9FlLEjXfRVK2Oe3J6IZaR1eU1YfDh1sCEsy8WiQ%2fPark%2520Plaza%2520Property%2520Brochure.pdf

[13X2413]

Good find. Thanks for that! 

[Noteable]

ONCY is registered as Oncolytics Biotech (US) Inc. - a US company which is corporately registered in the State of Delaware. As a result of being registered as a US company, ONCY must keep a corporate headquarters in the United States, which in Oncolytics Biotech's case, happens to be in San Diego - one of the leading biotech innovation centers in the United Statres. Since the turn of the

[Noteable]

A new and negotiable lease does not preclude ONCY from being acquired at any time during the lease, with waivers built into the lease contract in the event that ONCY is expectedly or unexpectedly acquired by a Big Pharma company. This is how business is conducted in any innovative and business centric biotech center that has a cluster of biotech company's and Big Pharma company's operating

[ENEMENEMYNEMO]

Wow you're a leasing agent too...there is no end to Note's knowledge!!! I read it as: 1) There is no hope of a buyout so we're signing a new lease because there is no concern of that being a disincentive to anyone.  2) We are going for something cheaper because we are running out of money with no cash coming our way in the foreseeable future.  Have a gulp of Kool-Aid

[Peladawn]

Well, that's odd, because I read it as 1) just because a company is in negotiations for a buyout or partnership, management can't just drop everything and let it slide until an agreement is reached, now can they, Emy? after all, an agreement could be weeks or even months away, or, as you perpetually try to insist (although you claim to be a shareholder) is never going to happen 2) once a

[Noteable]

At approximately US$ 175k per year for rent on the new office space , on acquisition ONCY would just payout the remaining lease costs. Plain and simple.

[lonc17]

US $175,000 is equivalent to about 3 or 4 months salary for Matt Coffey (and of course he makes much much more including his boatload of options every year). It's a drop in the bucket for ONC.  And why not spend the money? They do after all have almost a full year cash on hand* *As of September 30, 2023 Hey ONC, when is P3 starting? Remind me again? Also, I love the delayed resutls

[Buckhenry]

Matt should go ahead and leave for Calgary now so there are no issues  for him and he doesn't cancel this time....

[Azzak34]

Lil guy doesn't know what virtual means. 

[Buckhenry]

Matt could have an issue getting to his computer for the chat so thought it best he head to Calgary in person. 

[Buckhenry]

I figure assak's price prediction is about as credible as the goofball analysts for the last 5 years...  nada 

[Azzak34]

Maybe, but I know what virtual means. 

[Buckhenry]

Assak thought it was awesome to be the tallest kid in the 3rd grade until he found out it was because he was 16 years old. 

[canadafan]

the way you would interpret anything...so far is nothing bu5 doom & gloom. so why are you here. obviously working hard as a FUDster. admittedly , Onc has not hsd  any new news since the good reults out the anal cancer trial with  Roche. New office in the USA means as a minimum they intend to have a continued legal existence in the USA. Beyond that? A company I owned that was

[ENEMENEMYNEMO]

Why are you still here, 15 years on,is what I asked myself??

[Peladawn]

Perhaps you should ask yourself the most obvious, and far more important question!

[Buckhenry]

This post has been removed in accordance with Community Policy

[JohnnyYeg]

Thanks for the clarification on the lease Noteable.

[itntdf]

they can be a registered u.s. company and not have a physical address/office so long as they have a registered agent.

[Noteable]

Even Oncolytics Biotech (Barbados) Inc has a physical office. In Delaware the purpose of a registered Agent is to serve as a liaison between a company and the state of its  incorporation. In Delaware, a company's Registered Agent is their intermediary with the state of Delaware's Division of Corporations. Delaware Registered Agents are responsible for receiving and forwarding

[itntdf]

actually, that's not correct.  oncolytics biotech (u.s.), inc. is registered in delaware and their file # is 462217.  but neither they nor oncolytics biotech is their registered agent. their registered agent is "registered agent solutions, inc." located at 838 walker road, suite 21-2 in dover, delaware.

[Noteable]

" their registered agent is "registered agent solutions, inc." located at 838 walker road, suite 21-2 in dover, delaware." Yeah ... and what is different from what I posted? Oncolytics Biotech has a Delaware register agent - which is no different from what you posted. Trying to split hairs again itndf, to the point of absolutes?

[itntdf]

you posted: "Delaware Registered Agents are responsible for receiving and forwarding legal documents and correspondence from the Delaware Division of Corporations to clients in a timely fashion and nothing much more. Oncolytics Biotech already a Delaware registered agent for that purpose." the fact is that oncolytics biotech is not registered in delaware either as a corporate entity or

[Noteable]

Well itntdf - you believe in what you think and I will believe in what I know.  ONCY could have incorporated in California but it didn't  Instead it became incorporated in Delaware and thus uses a Delaware registration serve. End of conversation. A registered agent acts on a company's behalf in receiving legal documents such as Service of Process (i.e., Lawsuits, Liens

[Noteable]

Should read: ONCY could have incorporated as a business entity in California, when it entered into the United States to conduct its business, but it didn't. Instead it became incorporated in Delaware and thus uses a Delaware registration serve because: A registered agent must maintain a physical presence (street address) within the state and be available during all business hours so that

[itntdf]

i can explain it to you but i can't understand it for you, so you're correct when you say, end of conversation

[Noteable]

Right itntdf .. you can't understand it for me, to quote you. And that's what I understood from the beginning.

[Buckhenry]

Where it is incorporated rates right up there with the office un SD.  Who freaking cares....

[Noteable]

Apparently itntdf cares.

[Buckhenry]

Let's all save our pennies and can buy at rock bottom prices right after Matt opens his mouth on April 15th....

[Azzak34]

Save your pennies Buckster, I don't think any of us want to be in this with you..... although I'm pretty sure we're not.  Your boy Quentypoo may have some ideas for your pennies though, he's on a roll right now. And by on a roll I mean he's zorbing from dumpster fire to dumpster fire.