RE:RE:RE:RE:New and improvedLittleLadyPhD wrote:
I think that is the salient point: Most of us invested in TST because we felt MCNA was a very promising treatment for NMIBC...but now that's been completely shelved. I doubt many of us would have invested in a random little Canadian company (with a completely crappy track record as business people) whose sole interest, apparently, is buying anything they come across with their current cash in hopes of making a quick buck. This is a completely new entity, and none of the shareholders (as far as I'm aware) had any imput into this decision. I wasn't asked: were you? I'm emailing James Rae (Chairman of the Board) to express my concern that the Board has let the shareholders down completely. Their primary duty (according to the TST website Governance page) is to us! So if TST management want to pursue this new direction, why don't they take the company private (pay out the shareholders at say $0.15) and go on their merry way! Just not with our money! Thoughts?
I agree 100%.
good luck getting anything besides a boiler plate responce from management reitterating their no material information stance toward shareholders, at least that is what I have recieved from the enquiries I have submitted since April.
IMO managemnet is content feathering their nests on the backs of TST shareholders.