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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 > $200k non-brokered raise
View:
Post by chrispi on Feb 18, 2022 9:58am

$200k non-brokered raise

JD was close and on the right track.
Yesterday's news https://www.bioasis.us/bioasis-announces-200000-non-brokered-private-placement-2/
is almost identical to the news about 1 year ago on Jan 29/2021 https://www.bioasis.us/bioasis-announces-200000-non-brokered-private-placement/
announcing the same $ amount PP.
Connect the dots. Perhaps an annual renewal of "something" (a service contract?) whereby the entity wanted shares in the company instead of payment? That would be logical especially since there are no warrants involved. Buying that # of shares (200k) would certainly move the price so doing this as a PP gives them pricing at the market (last year's was done at the market also) with no discount.

Good move Deborah and BOD as this is very encouraging that a supplier believes enough in the company that they will take shares and share in the riches of the company going forward!
Comment by narmac on Feb 18, 2022 10:19am
,,I read it as a raise of cash not an issuing of shares replacing payment for services offered. Or am I in left field here?,,,,the FUD and misleading posts are just noise at the moment. Data,,,data,,,data,,,,,any opinions on timing or other,,,,,,??.....I miss the science discussion around our investment. It sure would be nice to discuss the presentations etc. Yes,,we need to get interest in this ...more  
Comment by Finallytherock on Feb 18, 2022 10:24am
Lol, you have no idea. You're just guessing
Comment by JDavenport on Feb 18, 2022 10:27am
Also, chrispi, the absence of warrants indicates that Bioasis was not under duress to do this financing. Sharks will take their pounds of flesh. This was a business deal. Finallytherock doesn't like to be challenged so he's just firing off invective as certainty, anything to bully his way out of it all. If he knew anything he'd have a chance but meanwhile, he's just prompting me ...more  
Comment by Finallytherock on Feb 18, 2022 10:38am
you've been here for 10+ years and nothing you've said has come true. 52 week low, no volume and company exploring strategic alternatives. congrats on a complete waste of time 
Comment by JDavenport on Feb 18, 2022 10:55am
Every scientist in Bioasis, including Mei Mei Tian, directors, investors, partners, new partners, prospective partners and the shareholders have been predicting success for not 10 years, but for 14 years. We have experienced bitter disappointment at the hands of some managements, over whom I have never had control. The peptide cancelled out the previous six years. The appointment of Mark Day ...more  
Comment by prophetoffacts on Feb 18, 2022 11:36am
This post has been removed in accordance with Community Policy
Comment by JDavenport on Feb 18, 2022 12:43pm
I didn't "need" control, pof. Never sought it. Took my name out of consideration for it. About the Purdue team, if you look closely, I have supported all management on this forum. I haven't supported everything they've done but that's different. You, on the other hand, don't have much credibility on the subject. Your support as Sir_Holler, digitel and as pof remains ...more  
Comment by chrispi on Feb 18, 2022 11:24am
Look Finallytherock, you posted a question asking about why they did the $200k non-brokered raise (without warrants) and I answered it. You can't accept the fact that the answer doesn't match your personal agenda so you're back to your rant & rave and childish temper tandrum. This is what having a discussion with you is like: Finallytherock: "who is the Prime Minister of ...more  
Comment by Finallytherock on Feb 18, 2022 11:30am
you try so hard but as usual, fall flat on your face just like this stock. what an awful investment this has been for you
Comment by KayakerBC on Feb 18, 2022 5:46pm
I'm done with your ignorance and lack of creativity in constructive discussion and I'm reminded of the adage "never argue with a drunk ..." so I won't be responding to your insane posts anymore. It's not worth the ink to reply. Readers of this board, I hope by now, know your real intent (for whatever reason) and choose to ignore you also. Good plan because for us folks ...more  
Comment by beenthere on Feb 18, 2022 6:32pm
Why not move to Agorascam? Simple answer It would be so so boring over there because there is NOTHING going on with BTI!! So no posts! So at least here there are posts to  read and some get a kick out of it! I know I do! Actually if you had JD and chrispi shut their faces and stop stirring the pot SH would be quiet too! Why? Because there is NOTHING going on with this company!!!!!!!!!! ...more  
Comment by Georgeparros on Feb 18, 2022 8:52pm
Good point KBC
Comment by narmac on Feb 19, 2022 8:13am
aacchhhhh,,,,Stockhouse is a better platform. All perspectives should be welcomed. Super impoprtant to understand what shareholder persectives are, why they hold them and if its a legit reason. Technical analysis of the science and competition and business sense, good and bad needs to be out there! Optimism,,,,pessimism,,,,,fear,,,,,,uncertainty ,,,and doubt must be met with a degree of ...more  
Comment by KayakerBC on Feb 19, 2022 9:35am
aacchhhhh,,,,Stockhouse is a better platform. All perspectives should be welcomed. I don't participate here because of the clowns and whiners and the endless fights.  How many others out there are the same? You're pretty chill about it but not all of us eat marijuana pancakes for breakfast.
Comment by Finallytherock on Feb 19, 2022 11:07am
So go to another board if you don't like it. I'm just interested to know what you talk about on other boards? There's nothing going on with this company so what's to talk about? The silence of the ceo? The fact that nothing she's said has happened? No updates on chiasi, prothena or any other partnership. No drugs in the clinic after 10+ years. No volume oj the stock. Stock ...more  
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