RE:RPINVESTOR1Great deal for Andrew. If they sold something for $70 million - that would be $1 per shareholder.
Under the new deal the shareholder would split 5.6 million or $0.08 per share and Andrew gets his 8 cents per share plus the other 92% Now if he has about $4 million in it All he wants to do is sell something for say $5 million to break even. So this deal arrived at with a special committee of the directors is designed to get Andrew his money back but really no one else.
I think at this point we would be better if someone else with some asset vended it into the Replicel shell and tried to run it up. Can;t really be much worse a deal for outside shareholders
With this imbalance seems Andrew has a chance to get his money back (MAYBE) but no one else does. Just sad that it has taken all these years to get here. They should have tried to sell assets before to benefit everyone, not just the few!!!
GLTA