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Bullboard - Stock Discussion Forum StageZero Life Sciences Ltd T.SZLS

Alternate Symbol(s):  SZLSF

StageZero Life Sciences, Ltd. is a Canada-based vertically integrated healthcare company. The Company is engaged in improving the early detection and management of cancer and other chronic diseases through diagnostics and telehealth programs that provide clinical interventions to assist patients who have cancer (COC Protocol), and help patients reduce the risk of developing late-stage disease... see more

TSX:SZLS - Post Discussion

StageZero Life Sciences Ltd > Share Consolidation
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Post by Michael4444 on Jun 04, 2021 11:07am

Share Consolidation

I am surprised that I am not seeing more comments on this board, regarding the proposed share consolidation of UPTO 2 for 1.  As a fairly new investor, I have to wonder what mangement hopes to achieve.  At the current rate of decline, we would soon be back in this current price range!  I am hoping that my long range forecast, will turn out right, and not be whittled away by manipulation.
Comment by VerifiedUser123 on Jun 04, 2021 11:15am
Precisely. Vote No to proposition 'screw shareholders over again!' They need to work with what they have. 
Comment by LithLover on Jun 04, 2021 11:21am
The key is the upto as you have highlighted.  There is a specific reason to only request a 2:1.  This is the annual meeting so it gives the board the ability to execute over the next 12 months.  Some would have you belive its a 10:1 and that it will happen tomorrow with all the doom and gloom talk. With Shift Communicatiosn in our corner, the upcoming closing of Care Oncology, the ...more  
Comment by VerifiedUser123 on Jun 04, 2021 11:25am
At what SP would you be content with them doing a 2:1 at?
Comment by Michael4444 on Jun 04, 2021 12:16pm
That is not the question to be asked.  WHY are they doing it?
Comment by davewho on Jun 04, 2021 12:44pm
you have been a member of SH for 6 years and still don't know how to use Sedar and read a simple MANAGEMENT INFORMATION CIRCULAR. You would rather ask some strangers on a public bullboard for an answer that you are too lazy to look up. Right?
Comment by RelevantStock on Jun 04, 2021 12:49pm
At this rate I don't know what we'll do with a 2:1.  We need institutional investors supporting us again if we want to get anywhere, let's hope we treat them good next time.
Comment by LithLover on Jun 04, 2021 1:02pm
The 2:1 is for 12 months.  Let them execute the milestones laid out with the war chest they have.  Shift and Care will help bring in the institutions and than when the sp is in the right zone it will be used.
Comment by davewho on Jun 04, 2021 1:06pm
what we really need here and now is for the Care deal to close without a hitch and szls to have a way to sell Aristotle. We cannot wait a couple years. Hopefully the Care professionals are completely committed and have strong morals for helping people with cancer.  Replacing the CEO is not a priority at this stage in the development and marketing of Aristotle. Rush out and find a new CEO ...more  
Comment by okletsmakemoney on Jun 04, 2021 1:23pm
Is the due date for the Care deal June 31?  TORONTO, ON / ACCESSWIRE / April 1, 2021 / StageZero Life Sciences, Ltd (TSX:SZLS) ("StageZero" or the "Company") is pleased to announce that effective March 31, 2021 is has entered into a letter of intent to purchase substantially all of the business of Health Clinics Limited and of Health Clinics USA Corp. (together ...more  
Comment by brad129 on Jun 04, 2021 2:06pm
based on that NR  130 days would be July 31, that is why I worry they split first then issue the shares.
Comment by brad129 on Jun 04, 2021 2:07pm
*120 days
Comment by VerifiedUser123 on Jun 04, 2021 2:43pm
This post has been removed in accordance with Community Policy
Comment by gojotv! on Jun 04, 2021 3:06pm
This post has been removed in accordance with Community Policy
Comment by davewho on Jun 04, 2021 2:11pm
the original LOI was for 120 days which is the end of July. It was posted here last week that James had mentioned 2x during a recent interview that he felt the deal would close by the end of June. You can email and ask.
Comment by Liked2Think on Jun 04, 2021 3:33pm
Rebecca says the reverse split wont occure before the Care deal is signed and done with. Yes I am taking her for her word I suppose but the time table doesnt make sense. Care agreed to the buyout yes at a higher SP but they would had done that believing the price woudl go up from there.  They arent dumb people at Care.  They know if they basically forced Stage to do the reverse split ...more  
Comment by IainCaimbeul on Jun 04, 2021 3:47pm
L2T, thanks for your effort and input.
Comment by LithLover on Jun 04, 2021 3:50pm
And what benefit is a 2:1 split unless it gives them an opportunity to uplist?  None.  Just attempts by bashers to pile on and try to create doubt and fear to allow them to short and distort.   We see right through them so its ineffective as always and a waste of time. Their families must be so proud that they attack a cancer detection company.
Comment by 4real4ever on Jun 04, 2021 6:13pm
  The question is WHY DO ANOTHER REVERSE SPLIT 2:1 NINE MONTHS AFTER ONE OF 8:1?   
Comment by brad129 on Jun 04, 2021 9:26pm
Lith I'm no basher here,I had a concern and voiced it. Look at all the comments prior to the vote of 2019 same comments were made, then again 2020 same comments made, split was to uplist, well we did the split and came nowhere close to uplist, right after splitting we handed out more shares to finance and then even more to buy HC, who's to say we aren't doing it again to allow more ...more  
Comment by davewho on Jun 04, 2021 9:40pm
Try not to think of the Care deal like a retail investor. Its not about the money or Care could have easily asked for cash and not shares. They are after the big prize which is a deal with szls to market a test that will change modern cancer treatment and diagnostics. They want Aristotle. Yes they are well educated and very experienced in R&D. They can see the potential of a test like ...more  
Comment by Mykndrsn on Jun 05, 2021 10:33am
Great post from someone who knows what's going in and gets it. So many don't or have an agenda.
Comment by molotov420 on Jun 04, 2021 12:34pm
Don't care Lith....we just gave them an 8:1 and it did nothing...show us progress before coming back for another. Rolling back shares every couple months is not the answer...show us Aristotle revenue, not just covid, and then we can talk. 
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