I see the Vetoquinol releaseon CNW but where is the Bioniche release? They seem quite happy about the arrangement and I am happy for them. They look like nice people and apparently Animal Health is a nice fit for them.
But is the 2 line statement by the CEO all that Bioniche have to say to shareholders? If all I were able to gross were 55 mil Canadian I might be embarassed and short winded about it as well, but I assume that we shareholders will here something before the circular justifying less than 2yrs revenue.
After commission fees and debt repayment they might net 3 mil, and probably half that after severance costs. Obviously we'll all have to vote for it as the contingency and plan B will be insolvency.
Great deal. I am glad that they were able to pull it together. We should all feel well rewarded for the 9 months of effort.