RE:RE:Two new CEOsEoganacht wrote: The new CEOs are much more careful about what they say than Roger White was. Why risk going through the trial he and the company had to go through because of his inaccurate projections? The fact that Roger White believed what he said was true at the time he said it was taken into consideration by the OSC but it didn't get him off the hook. From now on we will have to be satisfied with the strategically timed and carefully phrased news releases management considers prudent, and rephrasings of the contents of those news releases by company mouthpieces.
This is why I believe the phase 2 trial really will start in early Q2.
Mthompson123 wrote: Same old lack of transparency and keeping shareholders updated. At least the Bruins won last night. Going up 2-0 in the series tomorrow night Marchand rules!!!!!
You know the OSC ruling goes far beyond Roger White believing his revenue projections were achievable. He also had been promising in his MD&A's since 2011 that the TLC-2000 would make its commercial debut within a matter of months and when it finally did win FDA approval he neglected to tell shareholders the patented Cell Sensing technology that distinguished it from their competitors was not part of the approval. Many companies miss on their financial guidance but the scope of TLT's miss gave cause for some shareholders to lodge a formal complaint to the OSC.