GREY:TBPMQ - Post Discussion
Post by
bioinvestors416 on Dec 21, 2022 9:24am
Loafing shareholders with TBP
if TBP guarantees a loan to friends where the CEO is a founder / IP contributor / former business associate, as part of a divestiture of our business unit we paid for (e.g. Lumiera) and that loan was defaulted by Lumiera (who essentially went bust) then TBP is on the hook to pay for this mess.
So what is the impact on us shareholders here? We are exposed and have to pay the bill?
Is this material or not? if it is material information; the TBP Board, once again, is sitting on news that they selectively don't wish to share. Who protects shareholders from this kind of stuff?
So down the road Alpha Blue will lend more money to a company that inherently spend it on anything but development and so the cycle continues. Shareholders never get a gain or a break .
"I'm not a conspiracy theorist - I'm a conspiracy analyst" Gore Vidal
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