RE: Consider all possibilities Chief.... Bioniche the innocent victim of some outside manipulator is going to be a tough sell.
Bioniche has earned every mil in shareholder wealth they have managed to destroy. From costly ventures into unwanted products, grotesque loan arrangements and continual option grants, you won't find many management teams as proud of abysmal performance as these guys.
Given that few at Bioniche have ever risked their own cash and purchased a share, you can understand their sense of security and smugness. Perhaps it is tough for some to empathize with shareholders when they have never taken any risk themselves and invested in their employer. I don't consider exercising options and dumping shares prior to a massive share price collapse investing, by McRae may see it differently.
In the end Chief, haven't we all had enough of Bioniche blaming someone else for their problems. Since I have been here it has been the FDA, the CFIA, USDA, cattle farmer, conservatives, liberals, Americans, Australian liquidity and on and on and on for their annual failures.
Maybe the intentions of the G/W group aren't as shareholder friendly as we would like, but nothing about Bioniche has ever been shareholder friendly. I think it comes down to who can make us the most, in the shortest time frame .