Theratechnologies Inc T.TH

TH's website issues

[jeffm34]

The lack of a decent website is such a glaring issue yet one of the easiest to fix.  Any ideas why the refuse to do anything about it?  It's almost as if they are refusing to out of spite because some people dared to suggest they could be doing a better job.  I think that is a prevailing attitude when it comes to doing business at TH.

[SPCEO1]

It is a head scratcher. They are looking for an It director - could they be waiting to hire that person before acting? Hopefully not.

[Lee430]

Perhaps after Wino has had a chance to speak/Zoom with Thera we will hear there is a master plan currently being executed that puts our concerns to rest, then we can douse the flaming torches and return our pitch forks to the barn….In the mean time I have finally received all of my proxy material today and ready to vote with this board. 

[SPCEO1]

I have to believe the chances of such an outcome are pretty high and hope that is how it plays out. But we await them being willing to speak to Wino and for Wino to report back to us all. If they are not willing to speak with him (I would be surprised if that were the case) or if he comes away concerned rather than relieved, then we will have to give a hard think as to how to vote.

[realitycheck4u]

This post has been removed in accordance with Community Policy

[Wino115]

Good news - Contact was initiated late Friday, so at some point the conversation will be arranged; likely this week.

[Bucknelly21]

great who contacted you wino?

[Wino115]

The only person I contacted was Paul.  Although, I have noticed a ton of people with familiar names pinged my LinkedIn.

[scarlet1967]

I am not overly optimistic but since you have made the effort I would like to point out few things although you probably know: 1-You are not as good as they you are BETTER. 2-It seems you have already prepared your pitch with few requests, don’t let them bargain it is NOT a negotiation. 3-You can elaborate on your requests but most of the conversation should be about their responses. 4

[longterm56]

And at the right moment, casually mention to them that people on this board are aware of shareholders that hold > 30M shares ... seems ongoing conversations would be reasonable. -LT

[scarlet1967]

AND THIS..... Retail to the rescue? While the market had a tough time this week bumping up against the all-time highs, there was little in the way of serious selling, with the S&P making up its capital-gains-tax losses the very next session. And the continued enthusiasm of retail investors could keep stocks on the front foot. While "we’re sympathetic to calls for a

[Wino115]

They know what we represent and, since they called SPCEO, they know he's numero uno. No worries, I've done one-on-one hour plus sessions with thousands of the illustrious and infamous global CEOs of the world over the years (Murdoch is actually very friendly, Gates and his sister are look-a-likes, Berlusconi was one of my all time favorites -- him and Michael O'Leary of Ryanair). They&

[realitycheck4u]

This post has been removed in accordance with Community Policy

[Lee430]

For the write-in vote I penciled in Wino115 on my proxy ;->

[Wino115]

Sat down in conference rooms with them, Cheetos in hand ;).  Still have some crappy commemorative box set of Titanic that Rupert handed me. Never bothered opening it. 

[palinc2000]

I dont think having them agree to a wrtten summary of the meeting is s good idea .... Creating a sense of legal liability is not the way to have an open , frank discussion ... on the contrary !

[SPCEO1]

I agree. Let's just let Wino handle this however he thinks best.

[houbahop]

Hope it doesn't turn into another neurotic scenario.

[scarlet1967]

That's one way to see it, I really want the discussion to produce some real results rather than only promises. The fact that they are willing to have this conversation only after realizing that shareholders will vote against some of the members isn't a good start in my opinion. Again I hope I am wrong and they genuinely are willing to take notice of our concerns and make necessary changes

[palinc2000]

The discussion needs not and should not be confronational .... It is simply about an exchange of opinions between grown men and women! Each party is free to act accordingly subsequently but threats should not be part of the agenda

[Bucknelly21]

totally agree, however they should know how many shares back these feelings and thoughts in my opinion 

[palinc2000]

nope!! No need to mention the number of shares  

[scarlet1967]

I agree, ideally a discussion is much more productive when both parties enter it because of their own willingness however we already have lost that battle. The reason is they already knew why shareholders have been concerned for quite a long time. Speco their loyal investor whose company and it's clients have  a large position in this company has frequently expressed his concerns on this

[SPCEO1]

I wanted to make something clear - Dawn did not reject a call from me. The CFO blocked my request to speak with her last Fall. As for other thoughts, I would just reiterate that we are in good hands with Wino representing our views. I am certain he is our best hope for obtaining a good outcome with the least possible disruption. Those hopes may still not be realized but Wino gives the process of

[houbahop]

Funny how you guys are finally starting to see what has always been my main concern with TH BOD fiduciary duties(or lack of) towards its shareholders. Ignoring the situation and my posts raising the red flag for so many years converged the conversation where it stands today. Hopefully, with all the energy some here are spending to break the statu quo, some improvements easy to measure by all

[Wino115]

Wasn't planning on any written stuff agreed upon with them. This shouldn't be confrontational and I certainly don't want that. Like I said, I will bet my bottom  dollar on it they are equally frustrated and agree we are working toward the exact same goal. We just have a view on who we should draft for the team to win the cup.

[qwerty22]

You will be going public here though? Don't you think that's going to limit what they say? If this is a productive process you should encourage the company to put out a statement. Letter to shareholders from the CEO type announcement.

[palinc2000]

Of course Wino wont be privy to any material information  not yet in the public domain whether or not he reports he goes public,

[qwerty22]

So you expect nothing new? Maybe reassuring words? I don't expect they reveal their capital market strategy, who they have engaged with, what the feedback was, when they expect to see results etc etc. I don't expect anything of substance or any admittance of failure. I don't expect them to commit to do certain specific things in the future or give guidance of when their present

[qwerty22]

Sutro is also a good example of the evolution of these stocks. Prior to mid-202 the stock was around THTX's present market cap. It was having occasional stronger vol days but most of the time it was sub 100,000 shares traded. It had it's preclinical data and earliest clinical observations. You could have easily thought it was a stock with huge potential, ignored, badly marketed. It's

[juniper88]

The problem isn't simply the current market cap of THTX.  The fact that there were no questions asked at the last CC doesn't set off some red flags?  No fixing needed there?

[qwerty22]

Yeah that's true, the analyst situation has got worse and worse rather than improving, that needs a fix but I guess my point is I don't think it's the cause of the situation. The horrible thing is SPCEO identified that this was a company in transition back in early 2019, it was a great observation to make so early, it seems like it's still ongoing. I don't know if that's

[SPCEO1]

Qwerty, it seems like you agree that NASH has not been given an appropriate value, so you actually agree with our concerns about how the stock has been inappropriately valued by the market. In the end, it is just impossible to conclude that TH's management performance in regards to getting a fair price for the stock is at the low end of its peers. There is plenty of data to support that!

[palinc2000]

Nope nothing new ,But I do expect  that Paul and Dawn ackowledge that more should and will be done (as already stated during the last CC)and that they have an open mind with regards to criticism by shareholders I dont expect a letter from the CEO at least not in relation to the meeting  My hope is that Wino gets a clear impression that he is confident that the message has been well