Letter, MD&A and a BeechGuy took a look at the letter in the light of the following Beech's comments:
"... That may have been the single greatest document Bioniche has ever put out. It was open and forthcoming and gave us guidance and some hope.........I think it is the most bullish thing I have heard from Bioniche in a long time. Ironically if they had been doing this all along, the GW group would have been nowhere to be found. Our share price would have been much higher, our bargaining power would be much stronger, investor sentiment would be completely different than it is now....."
WHAT??????? Beech, there is something VERY SERIOUSLY WRONG WITH YOU.
You buddy would be absolutely right if not for these 2 very very minor things:
1. Factual 15 years history of promises and real acomplishments of BNC management.
2. Actual real credibility of their verbal or written projections / promises / forecasts.
So considering 1. and 2. and put it simply, all these clear like day sense of deja vu (we've been through
similar things with great hopes and promises countless number of times during 8 years on my watch... which ENAVITABLY slided into frustration and failure time after time.....
YOUR ASSESSMENT OF THE LETTER IS JUST A BIZARRE NONSENSE, I'm really puzzled with you buddy.... is it not kosher thing or CAMH type of situation...... don't know......