TSXV:BTI.H - Post by User
Comment by
JDavenporton Feb 24, 2022 10:13pm
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Post# 34460356
RE:RE:RE:RE:RE:Bidding war?
RE:RE:RE:RE:RE:Bidding war?Lol. You have no idea what you're talking about, beenthere. Denali started as a private company with venture capital backing, with the backing of major investment banks for its IPO, with hundreds of millions of dollars, and with over 100 employees. They had (and have) a leader, Dr. Ryan Watts, who ran Roche's Brain Shuttle program. Between all the players, they promoted the inferior F-Star technolgy to what we see today.
And I know what Dr. Ryan Watts has said about Bioasis and xB3. My non-disclosure agreements prevent me from discussing it.
The question often arises about why hasn't Denali made an offer for Bioasis. Denali has a market cap of $4 billion, and it's been way higher than that. So, why?
If Denali made a bid for Bioasis either to eliminate xB3 as a competitor or to replace their TV with xB3, it would be an admission by Denali that its TV technology cannot compete with xB3. The Denali share price would then collapse. The Denali management and BoD would be sued for billions by Wall St. legal sharks. Denali would blow up.
Once Bioasis proves that xB3 is what Denali thinks it is, and what we believe it is, then the Bioasis share price should reflect what the market has thought of Denali.
It's all as simple as that.
jd