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Bullboard - Stock Discussion Forum Theratechnologies Inc T.TH

Alternate Symbol(s):  THTX

Theratechnologies Inc. is a Canada-based clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapies addressing unmet medical needs. It markets prescription products for people with human immunodeficiency viruses (HIV) in the United States. The Company's research pipeline focuses on specialized therapies addressing unmet medical needs... see more

TSX:TH - Post Discussion

Theratechnologies Inc > It must continue to press the same Management issues
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Post by Scioto1 on Jul 22, 2021 11:50am

It must continue to press the same Management issues

While the company continues to make progress with its clinical work, our management issues have not changed. I've raised this a few times since the board vote. Inevitably that leads to leads to folks rationalizing their board votes or criticizing others for theirs. Our work is not done. We must press management year round on the following issues: (1) we need to have board of members who play an active role in advising the company and expanding our reach. We should be pressing year round on building the board. (2) We need a board that invests in the company. It's patheticThe number of shares some board members own. Some startups actually pay their board members in stock. Not sure if it works in this situation but I like the idea. You get the point. (3) A plan and resources for engaging existing and potential shareholders. Shareholders. Here, I see some progress in trying to attract new shareholders. I'd be interested to hear from some of our larger shareholders about how they are engaging you and other institutional investors. SPCEO has created a weekly report card and I commend him for keeping that going. Not sure if there's agreement on my list or better ideas, but I think such items could easily parlay into regular measures so that we could determine progress and discuss how best to press management. These core issues will not not go away until they are made a priority by shareholders, board members, and management and worked on everyday while the folks in the labs do their job.
Comment by jfm1330 on Jul 22, 2021 12:30pm
The Svonoros board with Tanguay, Pommier and Talon, a trio so unjustly sespised here by some,  gave the green light to buy Katana. Who would say today it was a bad decision? Who would reverse it? In fact, it has a good chance to end up as the best decision taken in Thera's history. The quality #1 you want in a BOD is sound strategic decision making. Starting with the buyback of the full ...more  
Comment by Scioto1 on Jul 23, 2021 7:12am
Sure, overtime there have been some good decisions, but I think it's fair to say that shareholder has not been enhanced, sound decision making, with the interest of existing shareholders was absent with the last financing, and investor communication and promotions have been lacking. The three items I identified should be top of mind for all growing companies: (1) Relentless efforts to recruit ...more  
Comment by scarlet1967 on Jul 22, 2021 1:52pm
Paul is slowly building a team to implement his plans but unfortunately when you go high enough in any organization you will end up with one person with most influence, in case of THTX that would be the chairwoman. As per her discussion with Wino board members who have been compensated handsomely YOY are not wealthy enough to add to their "pathetic " small holdings! Apparently one of the ...more  
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