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Bullboard - Stock Discussion Forum biOasis Technologies Ord Shs 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... see more

GREY:BIOAF - Post Discussion

biOasis Technologies Ord Shs > MTP Shareholders Voted the "Merge" Down
View:
Post by craighenry on Jan 23, 2023 7:54am

MTP Shareholders Voted the "Merge" Down

Accordingly, the proposed acquisition of Bioasis Technologies, Inc. and the proposed transactions related thereto, including the Change of Name, will not proceed.



https://www.stockwatch.com/News/Item/U-by0736236-U!MTP-20230123/U/MTP
Comment by prophetoffactz on Jan 23, 2023 8:10am
2.0000-0.5500 (-21.5686%) As of 12:54PM GMT. Market open.
Comment by narmac on Jan 23, 2023 9:03am
Hahahahahaha,,,,,what a slap in the face for the deal makers,,the Midatech shareholders hated the deal as well,,,,,lets circle the wagons and get our house in order !!!,,Time for us all to have the gonads to step forward and take charge of our investment!,,We have options, we need to unify ourselves!! Lets snoop out our next step to protect our IP and see what funding avenues are possible!!,,,,I ...more  
Comment by G1945V on Jan 23, 2023 9:30am
"Bioasis’ existing cash reserves, together with the proceeds of the expense reimbursement payment and the final US$250,000 instalment of the bridge loan payable by Midatech on February 6, 2023, are currently expected to allow Bioasis to continue operations until approximately March 2023. Bioasis will require additional financing to continue as a going concern and to satisfy its ongoing ...more  
Comment by narmac on Jan 23, 2023 9:44am
,,GV,,,,,we start to develope a plan of action to focus on proving our tech,,,,,Canadian trial possibly,,,,partner data and info,,,,,we are talking very little funding in the grand scheme,,,,talk to one of the deep pocketed partners in this deal to invest in BTI,,,,,we need a new CEO and drop off all the dead wood in these advisory boards,,,,they seem to be useless in advancing us financialy and ...more  
Comment by zwerp2000 on Jan 23, 2023 12:02pm
why wasn't any of this done over the last 10-15 years? and now all of the sudden this is going to happen? 
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