RE:Let's call this a "not Red" perspectiveAnother Excellent Post, Donkeyfeathers:
Your sentence "there has been nothing othan than value destruction since January"
is 100% true. January 2021 SVA starts to participate in TheMarket Melt Up and is
rewarded by Dr Witkowski on Fri Jan 15th with World Class Data, the excitement
continues at open Mon morning reaching a high of $2.87. SVA has been given a golden
opportunity to participate in The Stock Market Euphoria. We have no idea how high it
could go as their is interference. The Board of Director's have another plan. In the most
UNTIMELY MANNER POSSIBLE, they chose to do the bot deal and with a firm whose
investors shorted the hell out of the stock. The Board of Directors have to take
responsibility for their poor and untimely judgement.
There was no need for this deal at this point in time. SVA was in the process of
receiving $3.8M from exercise of wts. It was time to sit back and watch SVA participate
in the eurphoria, see how high it could go. Then, SVA could invite 3 firms to give a quote for BOT deal, including National Bank whose # of shareholders likely represent the largest holding
in SVA. They would have gladly participated at a price higher than $1.20 and have their
Analyst write a report. Wonder if Medtronics would have shown any interest if they
got invited?
The present members of the BoD have a tiny bit of skin in the game. We need
Director's who are passionate about SVA and are major shareholders who will make the
best possible decisions for the shareholders.
In fairness I am pleased this new nominee has contacts with Osuka, Sanofi and
Astra Zeneca. Let's see if he invests any money in SVA.