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Isotechnika Pharma Inc IPHAF



GREY:IPHAF - Post by User

Post by ISAloser247on Feb 08, 2012 12:18pm
383 Views
Post# 19504720

'STRATEGIC--DISCLOSURE'.....

'STRATEGIC--DISCLOSURE'.....

..from Jan.06/12 newsrelease.."The Comapny does not intend to disclose developments with respect to the contemplated proposal or the exploration of 'strategic alternatives' unless and until its Board of
Directors has approved a specific transaction."

Isotechnika Board of Directors:

Dr. Robert Foster---steps down as Chairman Jan/12 , Still sitting ?  no conlfict of interest? Focus on Phase 3 trial, which is MORE OR LESS CANCELLED as guaranteed funding agreement is TERMINATED.

Daniel Park, former Business Officer, resigns, Jan/12( Iljin rep),  so that  no conflict of interest is possible

Woojang Choi, Iljin legal counsel-------------Still sitting,?what?  no conflict of interest?

Parkash Gowd , appointed fall 2010

Peter Wijngarrd, Current Board Chair, appointed to board Feb./11

Donald Wyatt, appointed to board as rep. for 3SBio, fall 2011 (third largest shareholder ) after former 3SBIO rep resigns

Hong-Jong Yang-past president of LG Life Sciences, Seoul, Korea.  ( assuming an appointee choice of Iljin:  Korea> Korea? ) conflict? Presumed /  Assumed?

 

SO ISOTECHNIKA'S STRATEGIC FUTURE IS BEING LOOKED AFTER BY ,  TWO 'INDEPENDENT,

UNBIASED' BOARD MEMBERS---Prakash Gowd,  Dr. Peter Wijngarrd! and a legal counsel  for 3SBio who steps in

a few months before!    Comforting!   LETS FOCUS ON THE SCIENCE!

 

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