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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 > Special meeting called by shareholders
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Post by jeffm34 on Aug 10, 2023 1:35pm

Special meeting called by shareholders

If there ever was a time to call a special meeting this is it.  All R&D expenses must stop and not continue until a partner is found and is willing to fund them going forward.  All but core staff must be let go and executive compensation slashed dramatically. 

7. Special General Meeting Called at the Request of Shareholders. It shall be incumbent upon the Board of Directors to call a special general meeting of shareholders whenever required in writing to do so by the shareholders holding no less than one-tenth of the issued shares of the Company of the class or classes that, at the date of the request, carry the right to vote at the meeting so requested. The request shall indicate the purposes of the upcoming meeting, the business of which shall lie within the competence of a general meeting of the shareholders. If the meeting is not called and held within 21 days from the date upon which the request for the meeting was deposited at the head office of the Company to the attention of the Secretary, every shareholder, whether or not it signed the request, holding not less than one-tenth of the issued shares of the Company carrying the right to vote at the meeting requested may itself convene such special general meeting.

https://www.theratech.com/system/files-encrypted/nasdaq_kms/assets/2021/01/19/16-45-23/general_by-laws.pdf
Comment by Mannequin on Aug 10, 2023 2:14pm
I see no purpose for this meeting whatsoever. What are you going to ask? To get confidential info? If you have a question, email them directly via IR.  
Comment by jeffm34 on Aug 10, 2023 2:19pm
The purpose is to get new management
Comment by Trogarzon on Aug 10, 2023 2:57pm
Imagine getting someone like Bellini on the board.  Someone who knows what he's doing. Just that would put back the trust in the company.  Otherwise they have none.
Comment by muslix1 on Aug 10, 2023 6:53pm
but we have a MOLSON a TRUDEAU on the board and nothing happened...
Comment by Trogarzon on Aug 10, 2023 9:38pm
Maybe SPCEO or Wino can launch the process... enough is enough...
Comment by Momo25 on Aug 11, 2023 12:29am
SPECEO talking with TH in the name of the shareholdes, are you kidding?
Comment by Trogarzon on Aug 11, 2023 9:58am
Fix the credibility by getting someone as CEO and on the board that can change the perception.  Nothing they will do will change that. They are past that now.
Comment by Trogarzon on Aug 11, 2023 10:05am
Can't they announce anything to offset this complete sh t show. I never saw a 16 rsi and 14 consecutive down days in my life on a stock. A company that will turn a profit on top of that.  
Comment by Trogarzon on Aug 11, 2023 3:33pm
Difficult to comprehend the benefit of selling at 35 cents usd or 45 cdn.  I mean this was 3$ with same thing last year. Sales are the same, dept is the same, pipeline is still active.  It's absurd really.  Going this long without having institutional support is weird.
Comment by canadapiet on Aug 11, 2023 3:40pm
Those were the red flags!!!! No instititional intrest, no insiders buying (at these ridiculous prices!!!!????) etc. Trogarzon - (8/11/2023 3:33:52 PM) RE:RE:RE:RE:RE:Special meeting called by shareholders Difficult to comprehend the benefit of selling at 35 cents usd or 45 cdn.  I mean this was 3$ with same thing last year. Sales are the same, dept is the same, pipeline ...more  
Comment by Trogarzon on Aug 11, 2023 3:46pm
I don't comprehend the market cap of th at the moment. I just don't.  Similar to 2000 and 1987 in many ways.
Comment by houbahop on Aug 11, 2023 6:39pm
Of course you comprehend, trogarzo. Like most of the posters here, you have lied to yourself. Now that reality has kicked in, you don't want to comprehend. The last shoe to drop will be declining legacy drugs sales. Some insiders must know this and it would explain the present implosion of the stock price. All this emphasized by the silence from the CEO and BOD. $5m in R&D cuts ...more  
Comment by Trogarzon on Aug 11, 2023 7:40pm
No unlike you I think this is way overblown and that everything will stabilize soon.  Sales are growing and last quarter was a non- recurrent event.  th1902 has 50% chance to blow off expectations.  They need like a couple millions to fix the ongoing concern drama.  Institutions will buy with a vengeance before long.  Keeping the faith.
Comment by Trogarzon on Aug 11, 2023 7:43pm
I recall 2010 Egrifta approval that sent seller to seeking courts because the sold like idiots before the approval.  Same idiots this time around.  Let talk in a few months
Comment by houbahop on Aug 13, 2023 1:34pm
Comparing your post with your daily ranting, I would conclude you suffer from borderline personality disorder. You may want to address this before puting more money in the stock market. Otherwise, it will cost you a lot.
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