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biOasis Technologies Ord Shs V.BTI.H

Alternate Symbol(s):  BIOAF

Healthcare Biotechnology
Bioasis Technologies Inc. is a Canada-based biopharmaceutical company focused on research and development of technologies and products intended for the treatment of patients with nervous system, including central nervous system, diseases and disorders. The Company is engaged in the development of its xB 3 platform, which is a peptide-based technology, for the transport of therapeutic agents, in particular biological products, across the blood-brain barrier (BBB). It is focused on both orphan drug indications, including brain cancers, and rare genetic neurodegenerative diseases and neuroinflammatory conditions. The Company is also focused on its Epidermal Growth Factor (EGF) platform for treating rare and orphan neurodegenerative and neuroinflammatory disorders. EGF is a protein that stimulates cell growth and differentiation, notably for myelin producing cells. Its development programs include xB3-001: Brain Metastases, xB3-002: Glioblastoma and xB3-007: Neurodegenerative Disease.


TSXV:BTI.H - Post by User

biOasis Technologies Ord Shs
Bullboard Posts
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(99)
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Comment by Aarcoron Apr 02, 2017 9:16pm
160 Views
Post# 26065988

RE:RE:RE:RE:RE:RE:RE:Note to Recent Sellers...

RE:RE:RE:RE:RE:RE:RE:Note to Recent Sellers...AMOB, debacle is the right word.  This statement here explains exactly why the share price has been crushed:

"The support from existing shareholders and some new parties was tremendous. This additional capital will assist in enabling us to introduce another internal program into development. I'd like to take this opportunity to say thank you to those existing shareholders whom chose to participate in this placement and welcome to those soon to be shareholders," commented Rob Hutchison, CEO.
Read more at https://www.stockhouse.com/news/press-releases/2017/03/31/bioasis-announces-oversubscription-of-financing#sGzITt3YJYAidwEc.99

Going back to existing shareholders is the reason for it all.  And then to hear that it has been oversubscribed is laughable.  Of course it's been oversubscribed, 70 cents and a gift warrant is ridiculous.  Heads should roll for this pp execution.  Not gonna happen though.
Bullboard Posts
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