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Bullboard - Stock Discussion Forum biOasis Technologies Ord Shs V.BTI.H

Alternate Symbol(s):  BIOAF

Bioasis Technologies Inc. is a Canada-based biopharmaceutical company focused on research and development of technologies and products intended for the treatment of patients with nervous system, including central nervous system, diseases and disorders. The Company is engaged in the development of its xB 3 platform, which is a peptide-based technology, for the transport of therapeutic agents, in... see more

TSXV:BTI.H - Post Discussion

biOasis Technologies Ord Shs > Money money money
View:
Post by OysterBuctouche on Nov 05, 2020 12:34pm

Money money money

I understand the long frustration of this suffering share price. I live it. I do see comments from time to time that reflects this...A lot of these comments are unfair (directed at DR). It is common knowledge this company operates with very little cash and a low amount of resources. Pretty tough to move forward at the pace needed when the first concern is likely cash. I will continue to wait this out as we have talented staff and talented Board members who have hung in despite the lack of on hand cash. I am in for the long run. How much money does this little gem need to cross the finish line ?
Comment by prophetoffacts on Nov 05, 2020 1:17pm
This post has been removed in accordance with Community Policy
Comment by Finallytherock on Nov 05, 2020 2:12pm
we also got $3 million from chiasi so we should have around $6+ million, no?
Comment by Georgeparros on Nov 05, 2020 4:17pm
Big portion of it was used to repay the debentures, pay payables and accrued expenses from this year. Remember that BTI burns 1M CAD per Q.
Comment by OysterBuctouche on Nov 05, 2020 7:39pm
Bioasis has a world class science. Often there is commentary and comparison to Denali Therapeuttics. To put the money money money issue in perspective Denal R & D expense in the last quarter was 53 million. Reported loss for the quarter was 58 million.  We are still around because of the science and with continued progress we can limp through this to major success, But make no mistake we ...more  
Comment by prophetoffacts on Nov 05, 2020 8:52pm
This post has been removed in accordance with Community Policy
Comment by Finallytherock on Nov 05, 2020 9:17pm
good post. i agree. iimagine we get 1-2 more deals and get at least $3-$5 million upfront, we'd have a great cash position and i can't imagine the market won't take notice then. stock could explode. don't forget, most of these deals will likely have our partner paying for the trials so our costs will go down. any price targets? i have to believe all of this (deals/stock ...more  
Comment by prophetoffacts on Nov 05, 2020 10:02pm
This post has been removed in accordance with Community Policy
Comment by regardless on Nov 06, 2020 1:01pm
asks are thin here today...maybe a small bump and volume may get some buying going in good
Comment by barsax on Nov 07, 2020 11:59am
bombshell announcement for Biogen on Frday (aducanumab rejection by expert panel). let's see how this shakes out in the days and weeks to come on the likes of Prothena, Denali, Chiesi and little 'ol BTI
Comment by regardless on Nov 07, 2020 4:20pm
Barsax .. what do you figure happens to put shareprice
Comment by barsax on Nov 08, 2020 2:06pm
"what do you figure happens to our shareprice" (I think that's what you meant to ask??) The Biogen bombshell will have no effect on our share price in the near term.  The Biogen bombshell (BB) will force companies to focus their Alzheimers Disease efforts in new scientific lines of inquiry...maybe the amyloid plaque story needs to be looked at in a different light, maybe there ...more  
Comment by narmac on Nov 09, 2020 10:49am
FYI,,,,,,,,I see the market cap the investor base has assigned Denali is $6.7 Billion USD today. Juicy,,very juicy!!!,,,,wooooohooooo,,,,BTI to theeeee moooooooooon,,,,,!!!!!
Comment by OysterBuctouche on Nov 06, 2020 8:16pm
Well said on this post..
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