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Bioasis Technologies Inc. V.BTI

Alternate Symbol(s):  BIOAF

Bioasis Technologies Inc. is a multi-asset rare and orphan disease biopharmaceutical company developing clinical stage programs based on epidermal growth factors and the xB3™ platform, a proprietary technology for the delivery of therapeutics across the blood brain barrier and the treatment of CNS disorders in areas of high unmet medical need. The in-house development programs are designed to develop symptomatic and disease-modifying treatments for brain-related diseases and disorders.


TSXV:BTI - Post by User

Bullboard Posts
Comment by MineDiggeron Jul 31, 2019 8:19am
104 Views
Post# 29978466

RE:RE:Time for a change in management ??

RE:RE:Time for a change in management ??
re: "End of story...

Next subject?"

Not really, as "Where's the money coming from to keep us a float?" has not been answered.

As at end May the position is (I think, and no one has corrected me) "negative $372K WC _after_ getting the cash from the PP that closed just 6 days previous".

Option 1: Just waiting for the lasers to finish printing the multi-page, multi-copy, $multi-million up-front royalty payment agreement. say 5% likelyhood.
Option 2: There is no open PP, so no obvious option 2, well at least no dilution at this low sp, so a silver lining there! 0%
Option 3: Perhaps Bioasis received a payment after the Q end. I would have thought that might be judged material, at least get a "Subsequent Event" mention. say 10%
Option 4: ??? 85%

Anyone got any other Options or %s?

MD
Bullboard Posts