RE:RE:Maybe some big players want in.... hi Unklal,
I agree there is a low share count due to consolidation.
However, I'm a bit confused by your statement, could you clarify?
Bruce Lewis left the company way back in 2015
|
Source: Biosenta Inc.
TORONTO, ONTARIO--(Marketwired - Feb. 17, 2015) - Biosenta Inc. (Biosenta) (CSE:ZRO) announces that Mr. Bruce Lewis has resigned as Chairman and as a Director of the Board of the company.
The Board has appointed Mr. Dene Rogers, President and CEO, as interim Chairman, effective immediately.
Dene Rogers was CEO when a consolidation occurred in 2016:
PRESS RELEASE June 23, 2016 Biosenta Inc. announces consolidation of outstanding Common Shares Bisosenta Inc. (Biosenta) [(CSE:ZRO)] pleased to announce that at a shareholder meeting held on June 14, 2016, a motion was made and carried unanimously to adopt a special resolution consolidating the issued and outstanding Class A shares of the Company on the basis of one (1) post-consolidation Class A share for each fifteen (15) pre-consolidation Class A shares held as at the record date of May 5, 2016. If the Share Consolidation will result in a shareholder holding a fractional post-consolidation Common Share, the number of shares to be issued to such shareholder shall be rounded up to the next higher whole number if the fraction is 0.5 or greater, and rounded down to the next lower whole number if the fraction is less than 0.5. As a result, the outstanding Common Shares of the Company will be reduced to approximately 12,185,695. Articles of Amendment to facilitate share consolidation were filed on June 22, 2016.
I'm not aware of a consolidation prior to 2016 but you may know more, please confirm.
In any event, neither of these CEOs are with Biosenta now - the CEO has been Am Gill since 2019.
On the up side, significant progress seems to be occurring under the stewardship of Mr Gill but, as I have stated previously, we're a bit light on news at the moment. Perhaps this HALT and subsequent expected NR will illuminate things for investors.
Personally, I"m not convinced a HALT for this long is advisable but, as always, I look forward to good news.
GLTA