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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Oncolytics Biotech Inc. is a clinical-stage biotechnology company. The Company is focused on developing pelareorep, an intravenously delivered immunotherapeutic agent that activates the innate and adaptive immune systems and weakens tumor defense mechanisms. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype turning cold tumors hot through innate and adaptive immune responses to treat a variety of cancers. This improves the ability of the immune system to fight cancer, making tumors more susceptible to a broad range of oncology treatments. The Company’s primary focus is to advance its programs in hormone receptor-positive / human epidermal growth factor 2- negative (HR+/HER2-) metastatic breast cancer and advanced/metastatic pancreatic ductal adenocarcinoma to registration-enabling clinical studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.


TSX:ONC - Post by User

Comment by inthnoon Mar 05, 2024 9:58pm
136 Views
Post# 35917159

RE:RE:RE:RE:RE:RE:RE:Need to clarify & very clear

RE:RE:RE:RE:RE:RE:RE:Need to clarify & very clear
Yes and that made sense at the time as it seemed that it was implied that since they did not exercise that they had no interest in supporting the company or the sp and I too was not too happy about that except that I was able to find and let everyone know that as a result of the options not announced on sedi that they either expired or were exercised that they only way they could do this and be in complinace with the sec was if they were in a Blackout period and I found this information within a previous AGM circular.
Now having said that I really  wish they would have sent a strong message to all shareholders that they care about the sp and support the company and actually bought some shares by exercising so they found a work around through their own company policies and are in compliance.
The only solace I have at this time that this confirms that they are in an extended Blackout period and if I find that they are misleading shareholders than I would be the first to report them to the sec as I am frustrated enough with the timeframes and more.
And for those that they the sp does not matter, well that is only in the case of a BO so I think that pretty well everyone on this board except for maybe a couple do care about the sp.
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