Bioasis Technologies Inc. V.BTI

August

[prophetoffactz]

"Based on its current cash burn rate, the Company anticipates that its existing cash balance is sufficient to fund operation through approximately August 2022. The Company will need to raise additional working capital through the sale of common shares, the issuance of debt or by entering into license or collaboration agreements to fund its operations and preclinical studies. The Company is actively pursuing financing sources in order to continue funding operations. As disclosed in the financial statements, these factors indicate the existence of a material uncertainty that may raise significant doubt about the Company’s ability to continue as a going concern."

[Rosie1965]

just fantastic     great news    just what i hoped to hear  more stock diluton

[narmac]

,,So expect a major news release in the next few weeks,,,,,awesome to hear!!,,Bring it on DrDR!!!!!,,,,,,another partnership with a major Pharma??,,,,, maybe we be going to the clinic in tandem on 001??,,,,,,, either way we are getting news which in turn will trigger a share price reaction to the upside!!,,,,NASDAQ,,,her we come!!!!......to daahhhhhhhhh mooooooooon!!!,,,,woooohooooooo!!!

[beenthere]

Usually when a company raises money it has a negative effect! And if you are backed into a corner as " in one month" the terms will be the lender's " terms"! Sorry narmac!  Better pray for that miracle!  Good luck! My guess  less than 10 cents Canadian with half a warrant.

[prophetoffactz]

An after the close release of the financials on a Friday with only one month of cash left and statement that they are looking for a staged-financing during the recent presentation may mean a financing news release next week. It doesn't look like a partnership alone is going to get them out of this mess. You may see why the talk of the large roll-back. They need something quick.  The

[JDavenport]

One thing seems obvious, the company isn't worried about letting the bank account suck air.  I think the company knows exactly when money is coming in and from whom it's coming. In any order: A lttle fijnancing through Ladenburg Thalmann to position some of their favoured clients. (Small staged financings, as needed, if needed.) Milestone payments. Lots of those are

[beenthere]

Because that is what happens with BTI! You can always hope but as usual you are " always" wrong! Go away!

[prophetoffactz]

20 business days left in August.

[ronrydell]

It's apparent the Bioasis is NOT in a strong negotiation position with the SEDAR DISCLOSURE.....wonder what we will hear in August. Timelines on news are really disappointing....(those in the "know" don't seem to know anything! Disappointing to be sure.

[JDavenport]

I contend that Bioasis does have a strong negotiating position with xB3, which can enable drugs (payloads) to have annual commercial revenue of hundreds of millions and even billions of dollars. Every company that looks at xB3 through a material transfer or any other agreement has that kind of revenue in mind. They wouldn't even look at xB3, let alone take it through the preclinical and

[beenthere]

Wow! Just Wow! That's it? lol Go away! After all these years I  have never seen you look ( sound) so useless! Go away! And get an ice cream on the way out! ( And don't let the door hit you on the way out!) Remember your post from last week about BTI choices? Well this post doesn't reforce that one does it? And I am going to rub it in your face to show how wrong you always

[JDavenport]

Make the argument, beenthere, that xB3 doesn't support a strong negotiating position. It's a simple request, beenthere. Make the argument that xB3 isn't worth it. In the end, xB3's capabilities have nothing to do with me. Make the argument against xB3, beenthere. jd

[Aarcor]

Hi JD, I hope you're feeling well today. Great posts yesterday !  One was talking about how management doesn't have the capability to monetize xb3 and the other was about challenging why management is not in a great negotiating position to moneitize xb3.  Hmmm....not sure what to make of all that. Anyway, I gave you 100 reads and a thumbs up on each!!  All of the simps

[narmac]

geeeeze,,so much negativity,,,,woooow!!,,,,,belly up to the brokers wicket and make your wager!!,,,,you one nut wonders will be dining on crow soon enuff,,,,lmfao!!!,,,plz say we can watch yas all gag pulling out the feathers,,,,,,,,,bring it on DrDR and Mei Mei!!!,,,,,August here we come!!,,,,,NASDAQ,,here we come,,,,wooooohoooooo,,,,,,,,no reward without risk!!,,,,the break out is about to

[prophetoffactz]

"Make the argument, beenthere, that xB3 doesn't support a strong negotiating position." A strong negotiating position generally doesn't mean that your stock has collapsed to a $.12 bid and that you are out of money in 19 business days and have to do something fast for cash. Let's hope the more than two parties that were said to be interested in the cancer assets, etc

[prophetoffactz]

5 more business days in August and that is when cash was anticipated to run out in the recent MD&A. No small financing announced post the release of financials. No 'best efforts' attempted financing announced. Does that mean a deal is about to be announced?  

[JDavenport]

Yep. It's getting along. Pof has reminded people that money and time are running out, as if anybody needed reminding. I would imagine that Bioasis is mindful of it, but not worried about it. At the end of the day, several companies are working with xB3 and a dead Bioasis isn't helpful to those companies. Pof, in reminding people, has prompted a number of shareholders to contact me. My

[Finallytherock]

dude, you really need to get a life. you are so pathetic.

[JDavenport]

Bwah hahaha... Your life, Frt, consists of writing the same post over and over and over and over and over and over and over and over and over and over and over and over... I won't be teling you to get a life, Frt. Over and over and over seems to be all you can handle. JD Boomskid

[Finallytherock]

it's just so sad and pathetic. 

[Finallytherock]

and it looks like all of your lapdogs are leaving this board as they finally woke up to reality. now the only people you have to play with and occupy your time are posters like me who are laughing at you. game over, fella!

[JDavenport]

Kind of got to you, didn't I, Frt.  Go ahead, make another half dozen posts, over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and 

[Finallytherock]

kind of like how, for the last 15 years, you told everyone something big was happening with this company.

[JDavenport]

Nope, wrong, Frt. I always said that something big could happen if this or that happened. Neither this nor that has happened yet. I wouldn't expect you to bother reading anything, let alone being able to understand anything. ...which is why you haven't anything to say, over and over and over and over and over. Bye bye, babeeeee! jd

[Finallytherock]

i rarely read your entire posts. just mindless ramblings about God who knows what. 

[narmac]

....oooooowwweeeee,,,once we get a grip with our back paws the sky will be limit for our stock price,,,,,,watch grasshoppers,,,,patience and focus,,,,,,the rice paper is before us,,,,,,,,get 'em while they are super cheap!!!,,,tooooo daahhhhhhhhhhhhhhhh mooooooooooooooooooooooon bebe!!!  Bring it on DrDR and Mei Mei!!!!!,,,