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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

Post by Boomskidon Aug 26, 2023 11:14am
156 Views
Post# 35606673

Question for Dan Carlson of Tailwinds

Question for Dan Carlson of Tailwinds
Your friend, TheTruth1234, has posted that you quit Bioasis because you saw a scam unfolding. Have you stated that Bioasis was a scam or that you left because you saw a scam unfolding? Is that TheTruth?
 
In the same post, TheTruth1234 said about me that I stayed because I was a "...gullible fool, that believed fell for the scam.”(SIC)
 
He calls me a fool every day so ignore that. What’s important is that he said that I "fell for the scam", which is explicitly calling Bioasis a scam.
 
So do you agree with TheTruth1234 that Bioasis is and was a scam?
 
I don’t think it was a scam. I think some bad decisions were made, some needed ones not made, and that the company was mismanaged, badly. 
 
I also have a question about whether Bioasis has been mismanaged by Dr. Deborah Rathjen or whether she intentionally put Bioasis into its current position for her own benefit. I don’t know the answer to that because the evidence supports both opinions. Incompetence is one thing, but the facts also discourage a good argument that Rathjen did not act with intentions of benefiting herself at the expense of shareholders. (I recognize that it's hard to prove a negative, but in this case, incompetetence is also a viable explanation.)
 
So, is TheTruth1234 correct when he says that you quit Bioasis because you saw a scam unfolding? Have you publicly stated that Bioasis was a scam?
 
jd
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