RE:RE:RE:RE:RE:RE:RE:New all time low at 0.04 cad?
Just as a refresher re my previous post:
It was in October 2021 that it was announced they were in discussions with a major company.
In December it was announced that they had hired Linda Pullan of Pullan Consulting to negotiate with this major cosmetic company.
It was in June of 2022 that it was announced that an agreement had been signed with Allergen Aesthetics, a division of Abbvie Pharmaceutical with an upfront payment and further payments on achievement of certain milestones. This was a momentous development for this small company!
We are now 2 years further down the road in June 2024 and what have we received -- particularly as shareholders? In June of 2022 the share price was sitting around the 20 cent mark. After the news came out the share price ran up to the 34 cent area.
Today we sit at 4.5 cents. What did Linda Pullan actually negotiate? Was her negotiation so great (or so bad) it would knock the sox off our share price? Was her compensation based on share price? I don't think so.