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Bullboard - Stock Discussion Forum COSCIENS Biopharma Inc T.AEZS

COSCIENS Biopharma Inc., formerly Aeterna Zentaris Inc., is a specialty biopharmaceutical company engaged in the development and commercialization of a diverse portfolio of pharmaceutical and diagnostic products, including those focused on areas of unmet medical need. Its lead product, macimorelin (Macrilen; Ghryvelin), is an oral test indicated for the diagnosis of adult growth hormone... see more

TSX:AEZS - Post Discussion

COSCIENS Biopharma Inc > Merger Vote
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Post by oats on Jun 20, 2024 4:26pm

Merger Vote

All,

Just wanted to advise that Gilles Gagnon and the rest of the Ceapro board agreed to provide my group with 2 concessons to obtain our "Yes" vote for the merger.

The first concession was that Jenene Thomas's contract would be terminated immediately going forward.  

The second consession was that Gilles Gagnon would not seek rel-election to the board.  

As you can see, the first concession has failed as Jenene Thomas was listed as the investor contact at the bottom of the last AEZS news release.  We will see what the information circular shows as far as who will be seeking re-eleciton to the AEZS board.

If the second concession turns out to be a failed assurance to obtain our "Yes" vote, I will divulge the details of our groups discsuusion with Gilles that took place in January with regards to the plan forward after the merger was completed.  

I would also encourage anyone who spoke to Jolyon Burton from Bloom Burton prior to the merger vote to send me a private message.  I have spoken to a few people who were contacted by Jolyon Burton, apparently his tactics to convince people to vote yes were somewhat unethical.  If you were contacted by Jolyon Burton and experienced this unethical approach, please let me know.
Comment by prophetoffactz on Jun 21, 2024 7:21am
That could be a reason for some selling of the stock. That's a decade worth of relationships with shareholders of these companies. Also, did Gilles agree to stay in any capacity? Since Gilles brought the other Board members do they all want to stay? If he doesn't stay that may require an executive search and if Gilles had been working on deals the potential partner may need to see who is ...more  
Comment by ZoranSto on Jun 21, 2024 8:46am
Wow, thanks for sharing. Have you been able to speak to Gilles at all since the vote? There seems to be a lot of nasty things happening and if what Oats has been saying does not happen we all need to collectively attack management. The BOD has a legal fiduciary duty to us shareholders and see CZOs share price down to 14 or 15 cent range tells me they have failed in that duty.
Comment by prophetoffactz on Jun 21, 2024 8:56am
"see CZOs share price down to 14 or 15 cent range tells me they have failed in that duty." That can change in a day. Give us your numbers for sensitivity and specificity for the diagnostic test. The trial has treated the last patient and we are about to get the results. This is the basis for a potential deal and the previous Strongbridge deal was significant. PGX is also expected to be ...more  
Comment by Hopeforthebest on Jun 21, 2024 11:35am
Sorry Oats but I am going to be blunt about this one, you got played like a fiddle o this one. The false trust you placed in gagnon's allowed him to proceed with this scam merger, see stock prices and also he probably realized  that if the merger went through you and your investors are no longer revalent. gagnon is now free to continue to drain the bank of Aezs for as long as there is ...more  
Comment by Hopeforthebest on Jun 21, 2024 11:50am
I would like to add Oats and you where not clear on this if gagnon offered to resign from the Board or also as CEO. Because if it was only the Board he was resigning that means absolutely nothing. gagnon has shown with his past that it is gagnon along that controls the board no matter what tiltle he has. As CEO he would still control the Board as they are his hand pick minions, also the payday is ...more  
Comment by Ciao on Jul 16, 2024 3:04pm
I assume the grifting under a new name continues. For those who held onto their shares, best of luck.
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