TSXV:RTI.H - Post by User
Comment by
rbm0524on Apr 26, 2017 12:01pm
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Post# 26168727
RE:RE:Exclusive lucrative partnership for RTI not buyout target
RE:RE:Exclusive lucrative partnership for RTI not buyout target Also agreed. The previous chairman focuses on funding of start ups in the science/ bio tech sectors. His work here is done and now its time for an established corporate leader to come in and take RTI to the next level (note this guy came out of a cozy retirement to do this - he must be excited about something). The share price weakness of late has sucked, no question, but anyone reading between the lines on all the recent activity (management options issuances, verbiage from Battley and Booth and now the appointment of a new Chair, who left his vineyard behind to come back to work) should be able to see what is happening here. My opinion is that they are fully aware that the testing has proven out the technology and likely even exceeded their expectations. They are now preparing for what the next move looks like (ie: partnership with RTI, buyout, or something else etc etc). Hang in there folks. I am been accumulating all the way down.
zombiehoffa wrote: L'Oral sounds like a way more interesting company than L'Oreal;) I agree with you completely on all your points.
BatmanMTL wrote: From onset of partnership the investment was to evaluate exclusive partnership to yield aurora significantly more oil than the conventional co2 method.
I do not think rti wants to be bought out unless it is a hostile takeover. In early April the ceo and CFO and multiple employees were given stock options with an exercise price above 60 cents.
The L'Oral guy as chairman is not new news. Someone stepped down due to time constraints and the L'Oral guy replaced him.
Acb Battley was on reddit claiming how rti will be a part of their future strategies to supply the derivative market. This market from a legal recreational perspective is limited to oils.