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biOasis Technologies Ord Shs V.BTI.H

Alternate Symbol(s):  BIOAF

Bioasis Technologies Inc. is a Canada-based biopharmaceutical company focused on research and development of technologies and products intended for the treatment of patients with nervous system, including central nervous system, diseases and disorders. The Company is engaged in the development of its xB 3 platform, which is a peptide-based technology, for the transport of therapeutic agents, in particular biological products, across the blood-brain barrier (BBB). It is focused on both orphan drug indications, including brain cancers, and rare genetic neurodegenerative diseases and neuroinflammatory conditions. The Company is also focused on its Epidermal Growth Factor (EGF) platform for treating rare and orphan neurodegenerative and neuroinflammatory disorders. EGF is a protein that stimulates cell growth and differentiation, notably for myelin producing cells. Its development programs include xB3-001: Brain Metastases, xB3-002: Glioblastoma and xB3-007: Neurodegenerative Disease.


TSXV:BTI.H - Post by User

Post by Boomskidon Aug 26, 2023 11:14am
204 Views
Post# 35606673

Question for Dan Carlson of Tailwinds

Question for Dan Carlson of Tailwinds
Your friend, TheTruth1234, has posted that you quit Bioasis because you saw a scam unfolding. Have you stated that Bioasis was a scam or that you left because you saw a scam unfolding? Is that TheTruth?
 
In the same post, TheTruth1234 said about me that I stayed because I was a "...gullible fool, that believed fell for the scam.”(SIC)
 
He calls me a fool every day so ignore that. What’s important is that he said that I "fell for the scam", which is explicitly calling Bioasis a scam.
 
So do you agree with TheTruth1234 that Bioasis is and was a scam?
 
I don’t think it was a scam. I think some bad decisions were made, some needed ones not made, and that the company was mismanaged, badly. 
 
I also have a question about whether Bioasis has been mismanaged by Dr. Deborah Rathjen or whether she intentionally put Bioasis into its current position for her own benefit. I don’t know the answer to that because the evidence supports both opinions. Incompetence is one thing, but the facts also discourage a good argument that Rathjen did not act with intentions of benefiting herself at the expense of shareholders. (I recognize that it's hard to prove a negative, but in this case, incompetetence is also a viable explanation.)
 
So, is TheTruth1234 correct when he says that you quit Bioasis because you saw a scam unfolding? Have you publicly stated that Bioasis was a scam?
 
jd
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