RE:RE:RE:RE:RE:Meetings with large shareholdersThis is different than what I thought,,,Unless those retail shareholders are really large it seems that lmost posters here would probably meet the major shareholder criteria so the agenda of the Meeting will probably be just a Corporate Presentation with maybe the smile o meter going higher than usual
SPCEO1 wrote: These two shareholders are financial advisors with retail clients in their local area for whom they hold TH. They are inviting those clients to come hear what TH has to say as they have done in the past. They rented a sizable room at a local hotel for the presentation so they can be socially distanced.
palinc2000 wrote: It never crossed my mind that non public material information would be disclosed during those private meetings but I also know that they are much less formal and the tone much less guarded and attendees might come put of the meeting with a slightly different perspective......
I am confused when you write about shareholders having reserved rooms for their clients..... I thought this was a meeting of major shareholders like Soleus and others like you but not of clients
????
SPCEO1 wrote: The meetings basically were confirmed - one of the shareholders had invitations printed up and already has a room reserved at a hotel for his clients. But I imagine the covid factor is still in play.
I get the impression you think this "private, closed door" meeting would contain non=public info and that is why they wouuld not record it. Having been to them before, I can tell you that is not the case. They would not record it simply because the meeting is being sponsored by the shareholder more than the company. If the shareholder wanted to record it, I imagine THTX would not object. Companies simply do not typically go around sharing inside, priveleged info. Access like this may give a shareholder an opportunity to observe management's attitudes andsuch and draw some inferences from that which may or may not ultimately prove to be accurate, but that is about it. Basically, if the meetings are held, I would expect the new corporate presentation to be released on the day of the first meeting, if not before that, and Paul and Philippe to just give that and answer questions. Most of the people at these meetings are clients of financial advisors who have some knowledge of TH but not typically enough to ask really penetrating questions. It should be a relatively easy presentation for the company if they have good news to share. If not, these folks may be even grumpier than the Grumpy Grader! People have held onto TH for a long time andonly seen it go down int he last few years while it seemed like just about every other stock went up. Moreover, TH had some exciting developments in NASH and cancer as well as a new CEO appointed during those years and yet it could not capitalize on them in a manner that helped the share price. So, the average shareholder is pretty ticked off, as you might expect. TH has some of the nicest shareholders in existence but everyone's patienceultiately has a limit.
palinc2000 wrote: Using Covid to cancell a Meeting in person is not a valid reason based on current regulations and borders are open I doubt that a private closed door meeting would be held on zoom which could allow participants to record the meeting (audio and video) ....I thought the meeetomg was confirmed