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Bullboard - Stock Discussion Forum Claritas Pharmaceuticals Inc V.CLAS.H

Alternate Symbol(s):  CLAZF

Claritas Pharmaceuticals, Inc., formerly Kalytera Therapeutics Inc, is a biotechnology company that is focused on developing R-107 for the treatment of vaccine-resistant coronavirus disease (COVID) strains. The Company’s products in development include R-107 for coronavirus disease and Viral Infections, R-107 and Vaccines, and CLA-1816 for treatment of pain. R-107 is designed to defeat COVID... see more

TSXV:CLAS.H - Post Discussion

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Post by MyKnight on Apr 22, 2021 4:44pm

28 of april

Being out of the loop, what is going on for the 28 april....
Comment by whisky11 on Apr 22, 2021 5:46pm
MyKnight]Being out of the loop, what is going on for the 28 april... whisky11: shareholders going to vote on couple things  important for the future of the company ,one of them is to give  management OK for shares consolidation. Even if we vote yes it may not happen. Better yet go to the website and you will find all information. https://claritasinvestors.com
Comment by whisky11 on Apr 22, 2021 6:02pm
MyKnight]Being out of the loop, what is going on for the 28 april.. whisky11: my bad it's just some kind of record date The Company also announced today that it is holding its annual and special meeting of shareholders on June 17, 2021 (together with any adjournment or postponement thereof, the “Meeting”). The record date for the Meeting is April 28, 2021. Only shareholders of record ...more  
Comment by petesfreak15 on Apr 22, 2021 6:18pm
Meeting not until June.  If they want to move up off of the Venture exchange, they need min $1 share price at consistent pace.  Hopefully, news in next cople of weeks and months will push us towards that without any consolidation.  Or minimize the 1- ? at a lower rate.
Comment by MyKnight on Apr 22, 2021 8:02pm
Thanks whisky11 and peterfreak15 appreciated the input.... and what s your feeling about all of this? Appreciated.
Comment by petesfreak15 on Apr 23, 2021 6:41am
 I think CLAS has 500 million shares out roughly, probably want to be around 100 - 150 so a 5-1 would be reasonable.  Only IF that share price comes in north of $1.  So, we would have to be at .20 atleast. A smaller float, gives them leverage to raise capital down the road.  There are arguments on both sides, better % increase in profit for shareholder if this explodes as a ...more  
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