RE:RE:RE:RE:RE:RE:RE:market CRAZYNESSBluemoons20:-
I am sure that they are still owing some creditors. L. Buckler may have agreed to delay some monthly payments as well. I think it is also going to cost them a fair bit of money to get him off the payroll.
The last 2 private placements just show me one thing - GREED! The insiders are getting shares at prices they could never dream of getting on the open market ..... and they have the nerve to throw in a 1/2 warrant sweetner to the mix at a very low price. I hope that any sale of Replicel involves an arms length transaction, otherwise the small investors will be screwed!
On another topic, I have not seen Lee Buckler mentioned in these private placements. If he has not participated, I find this remarkable. I can see why it was so difficult over the past number of years to attract partners. Entering into a deal with a CEO who only has a couple hundred dollars of equity in his own company is not a smart move. Wish I had thought about this years ago when I first started to buy shares in Replicel!