Post by
mstrmnds on Apr 09, 2024 3:51pm
Expected PR = Good News
We knew CCAA would be enacted to protect assets from creditors. This is good news.
Nuance will join the list of creditors and payout (if any) will be dragged out.
Non-essential directors leaving is expected given the personal liabilties to directors. I would expect them to reduce burn even terminate staff to preserve cash. Directors would be held liable for employee compensation, so the timing makes sense.
Overall this is the expected course of action for the company (good news under the circumstances - predictable behaviour and response).
If they get a positive outcome from the FDA in the near-term the SP will recover.
GLTA
Comment by
SimonSaysLues on Apr 09, 2024 4:29pm
Everything's good news on this board. Nothing is bad and its just a regular day. Managenent is not incompetent. My guess is you are still holding lots. Good for you!!
Comment by
Chianchin on Apr 09, 2024 7:37pm
Mr Mugsy the know it all, is happy as all of his cash stash is locked and lost in ATE. If I may, I suggest that we start to help Mr Mugsy but only If .....I repeat if ......Mugsy admits his/her incompetence
Comment by
MrMugsy on Apr 09, 2024 10:10pm
Now some very important cards to play. The only unexpected part of this game is the FDA hold. To do blood testing or not? That is likely the question. Can we get to resolution quickly? Then - very important day in court.
Comment by
SimonSaysLues on Apr 09, 2024 10:44pm
Unexpected lol. At 2 cents your big mouth will still be flapping. Scamming Bafoons are still unchecked. Welcome to Canadian small cap! Good for you mushy. Give the buy signal buddy Everyone trusts ya !!!
Comment by
Gessurong on Apr 09, 2024 11:15pm
You never mentioned bankruptcy and delisting. Why would you buy shares last week if bankruptcy was expected?
Comment by
Chianchin on Apr 09, 2024 11:46pm
MrMugsy, delutional as usual and lost all is cash. Anyone agrees with Mugsy? oh..I forgot mugsy has secret aliases>