RE:RE:RE:RE:Weird Thinggebremeskel wrote: It's very difficult to understand why they didn't do it the way you suggest. What was their rationale? Were they intentionally keeping the stock price down to accommodate certain investors?
Bunge wrote:
Simple.
NEVER release prospectus (hold off 2 months) night before AGM and we were at 55 cents.
GET the hype from the AGM.
THEN release the following (which were in the holster):
1. Regulatory Updates from Health Canada and US FDA
2. Theralase Releases 2019 Annual General Meeting Video Presentations
3. Theralase Receives Notice of Acceptance for Multiwavelength Photo Dynamic Therapy from Russian Patent Office
4. Theralase Signs Agreement with Urology Organization to Provide US Clinical Study Sites for its Phase II Non Muscle Invasive Bladder Cancer Clinical Study
5. Theralase Enrolls First Patient into Phase II Non-Muscle Invasive Bladder Cancer Clinical Study
6. McGill University Health Centre Newest Clinical Study Site for Phase II Non-Muscle Invasive Bladder Cancer Clinical Study
7. Patient Five Cancer-Free Eighteen Months After Single Anti-Cancer Treatment
SEE what those developments would have brought organically to the share price?
They couldn't have waited 60 days for a PP to be announced (with terms)?
They wiped out half our market cap.
I would call that incompetent.
If you think the management should consider protecting its royal shareholders' investment value, it's really too weird that they held the already settled pp term with the shameless brokers for such a long period of time, and kept sending out great news to all the way for over one month and at the same time, some investors saw it's very obvious that Mackie is selling short all the way accompany during the good news out time . Then until all of a sudden, without any good news out , the idiot management finally announced the details regarding this shameless PP term. But if you realize the relationship between the management and the shameless brokers is just same as prostitutes to the pimp, it would be that hard to understand. Their target is only to screw the royal shareholders on purpose.