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Bullboard - Stock Discussion Forum COSCIENS Biopharma Inc T.CSCI

Alternate Symbol(s):  CSCI

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:CSCI - Post Discussion

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Post by Stinzo on Aug 27, 2024 4:44pm

Game over

Imagine merging with a company that is just draining cash and who's pipeline is now worthless ... What a deal ...

I now have lost considerable amount of money because of my 8 years investment in ceapro ... what a nightmare journey... All because of one man with no dignity or respect for shareholders, I am unfortunately too distant and with too little knowledge to know how these types of companies are managed. Not sure how Canada/USA can consider this CEO ethical and his actions legal ... 

In a common sense world, the CEO or board of directors would do a share buy back with all the cash they have in the bank or buy themselves shares. But seems like this company can just decide to drain shareholders cash instead while still being employed with zero accountability ...
Comment by Apostata on Aug 28, 2024 10:43am
This is the sad part. Ceapro had promise, and, like Stinzo, I (among others here) invested in that promise, thinking that it was in the steady hands of a seasoned business leader. Fast forward years later and this has turned into a clown show. Gilles Gagnon wants it both ways. He wants to have a publicly traded company but also manage it unilaterally (ie without regard for shareholders) like a ...more  
Comment by lscfa on Aug 28, 2024 1:40pm
Can we sue oats for voting yes to this idiot merger?
Comment by Hopeforthebest on Aug 28, 2024 3:27pm
I believe Oats to be a decent person and unfortunately he place his trust in charlatans. gagnon is the type of person who would lie to his own mother if he could make a buck out of it. Knowing right from the beginning that Oats is trustful and decent, gagnon took full advantage of that to ensure his pay day continues.
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