RE:ANOTHER REASON .........Once AS and his "numbered company" gain control of Replicel what happens next ? Will he and his group develop the assets as he alludes to ?
I think there is no way he plans to develop the assets with the little working capital available. He has "lent" Replicel supposedly $1,000,000 to pay bills and see this takeover bid to completion. After that that there is very little money left over to develop the dermal injector or do further trials. I think without doubt he is actively lining up buyers for the assets. With the addition of the 75% clause the minority shareholders will receive some of the the money after expenses. Who knows what the expenses will be.
After close to 7 months the minority shareholders have no clue as to what his plan is. I have said it before, this alone is illegal for a current publicly traded company. If he is indeed attempting to sell the assests of the company we as shareholders are entitiled to 100% not a diminished 75%.
This past 3 years has been hard to swallow. Who would have thought we would sit idly by for 2 years waiting for the arbitration decision to be followed by 7 months of this.
After 7 years of involvement with this company patiently waiting for some return on my investment sadly I don't see much of a chance of a ROI.