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Bullboard - Stock Discussion Forum biOasis Technologies Ord Shs BIOAF


Primary Symbol: V.BTI.H

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

TSXV:BTI.H - Post Discussion

biOasis Technologies Ord Shs > Some shareholders...
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Post by Boomskid on Feb 23, 2023 1:49pm

Some shareholders...

I'd like to know, as some others do, whether any shareholders will benefit more than others if Bioasis is sold off to Midatech or to some other entity.

Are there any shareholders who have agreed to vote their shares in support of scenarios in which will they benefit in some way by sticking with the buying company, and have they agreed to keep quiet about it all?

Things have been so weird for the last 15 to 18 months, and some shareholders are acting so weird, that questions are obvious.

And, of course, if any shareholders have made agreements for their support, with whom did they make the agreements, the sellers, the buyers, or both?

What's the silence all about? Why is there such an apparent lack of passion and outrage? How did the entire AGM agenda get approved after the company had just taken a tumble from 17¢ to 3¢, and a tumble to 1¢ today?

We've all seen and been part of stock market failures, but I've never seen one with such a high potential, whose IP has never failed and that can be a part of such a huge commercial space, that is failing with no visible wounds or illness, other than that mommy doesn't appear to be feeding it.

Are there shareholders who have sold out, or have they simply given up? I'm sick of it all, too, but there are still some battles to wage. And I'm not naming anybody, so I'm not making allegations. I'm asking questions about some things that are difficult to explain.

jd
Comment by ROSIE2023 on Feb 23, 2023 2:12pm
I am hanging in there  I have no choice  I have a lot of shares but have not given any specials to the company  dr dr should be ashamed and so should the board to have allowed this  I am clearly wonder how the merger share price would be today if it had gone through  I only voted to retain the board because I truly thought they would shake themselves and push the tech ...more  
Comment by Boomskid on Feb 23, 2023 2:40pm
The people you thought might "shake themselves and push the tech forward" are the same people who created this situation and caused the share price to fall to 1¢. I respect your choices, ROSIE2023, but whether they failed shareholders through incompetence or malice, they still needed to go. The proof will arrive in 2 or 3 years when xB3 makes the news, just as we all thought it ...more  
Comment by emmitfitzhume on Feb 23, 2023 7:29pm
Agree JD. I am guilty of a rather apathetic presence on the board as of late, not for lack of interest, just have been communicating via other channels. I too am somewhat flummoxed by the outcome of the vote, would like to see the count, as I and others I am aware of certainly voted out the board and against the arrangement, I personally didn't see any other choice.  The board and CEO ...more  
Comment by Boomskid on Feb 23, 2023 8:34pm
Yup, I would love to see that count, too, emmitfitzhume.  Yes, there are shareholders who are discussing things behind the scenes, but too many shareholders have just disappeared, as I posted. I wouldn't want anybody's hopes to get up but the door is open for anybody who thinks they have something to offer to the discussions. When others want what you got, you'd best be fully ...more