TSXV:TRL.H - Post by User
Post by
MelnykWasRighton Dec 13, 2021 1:31pm
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Post# 34225733
HC Wainwright says no?
HC Wainwright says no?Looks like they came up empty at Wainright. Ian bails them out again at 8% interest no less. What's wrong with this whole scenario from an ethics perspective?
Lend yourself $25M at 8% interest. There's no conflict of interest in this at all. You can get a line of credit anywhere for less than that. This speaks volumes to the situation. The board excused Ian for 2 minutes while they approved a loan at 8% interest from his other company.
Hate to be Captain Obvious here and will let y'all draw your own conclusions.
If they really want people to believe they are serious, they need to drop 30 people on the American side. They obviously aren't generating sufficient revenue to justify their positions within the company.
This venture is and has been Ian's tax right off disguised as a pharmarceutical start up for quite a while now.
I know Tom, blah blah blah TEFINA and blah blah blah Avanafil and just simply blah blah blah. Oh and just be grateful they haven't gone under.
MWR