GREY:RPBIF - Post by User
Comment by
SolidFuelon Oct 26, 2014 11:56pm
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Post# 23063081
RE:RE:Major new partnership! New funding! + New revenue stream!
RE:RE:Major new partnership! New funding! + New revenue stream! yoshka2000 wrote: I don't think you read the NR correctly from what I have seen from China... They will be putting their own people in BOD positions ect. to squeeze the remainders out . Any bets, bagholders?
Yoskha2000, that's just nonsense. There's absolutely no way these Chinese investors are going to start to "squeeze the remainders out" because Orbimed is solidly in the position of
massive majority shareholder of this company. Last I checked Orbimed had something like 70% of the outstanding shares in Response.
Do some due diligence yourself on Orbimed... they are professional investors of the highest standard... and they certainly aren't about to let some Chinese shareholders with less than 10% ownership start "squeezing the remainders out."