Two words from Erinn, first by email, second by phone-MBI1- First step- insult him to the extreme, to make sure he answer...
2- He did answer my email:
On Thursday, October 17, 2013 4:59:08 PM, Erinn Broshko <ebroshko@medbiogene.com> wrote:
Dan, your email is as insulting as it is misguided. We have continued to give to the market our /Precision’s best estimates of commercialization milestones, the most recent of which was included in our MD&A here --
https://medbiogene.com/EN/436/1110. We don’t hide bad news. When we have material news, we press release it.
As for your comment on the volatility of the share price, leaving aside the fact that even as of the close of market today you are up 37%, I’ll remind you that this is the Venture Exchange. You should expect volatility. As it is a public market, sometimes the price goes up, and sometimes the price goes down – sometimes for reasons we understand and sometimes for reasons we don’t understand. For this reason, it is very difficult to predict market movements over short periods of time and, in my opinion, the best strategy is to invest in quality assets with a time horizon that allows for the volatility to work itself out.
I try to make myself available and speak to shareholders who put their hard earned dollars into MBI. But I won’t do this with individuals who make such wild accusations as you have below. I have bothered to even respond to you as you have noted to me that this is a significant investment for you and that you are retired.
I would accept an apology from you...
3. Than, he call me by phone, basicaly repeating the above, plus:
a, It's nothing wrong with the MBI or Precision schedule. There are not bad news. If any competitor show up, will have to go to Precision steps, in an unpredictible time frame and cost.
b. This month, October, is the last month of lab work. Then it comes the final certification, wich is paperwork.
c. The price of the warants is not the MBI value, jost the closing prise of that day.
PACIENCE TO THE OLD SHERHOLDERS, 3 TO 6 MORE MONTHS, WITH SIGNIFICANT NEWS FROM PRECISION, DAN.