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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

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Post by JDavenport on Jun 28, 2022 12:57pm

Timing

I have written a lot over the years about the consequences of a lack of in-house preclinical and clinical programs at Bioasis. One of the consequences is that the timing of almost everything Bioasis does in the future is dependent on the timing of partners. That's why I have stated that Bioasis is not in control of its own story.

However, Bioasis may have included in its agreements with collaborators and licensees that they must complete certain work by certain dates or there could be penalties or cancellations with respect to those agreements. Such terms may allow Bioasis to orchestrate a window during which some preclinical and other results and deals could be expected. That window may be weeks or months long, with the timing of the Nasdaq listing being somewhere in the thick of the news.

It seems to me that Nasdaq listing plans may consist of many moving parts preventing Bioasis from making and releasing detailed plans with not only timing of a listing, but also what shape the listing will take. In a perfect world the listing may occur because Bioasis completely satisfies the more robust Nasdaq requirements including revenue, cash on hand and share price.

Bioasis has many balls in the air. The goal would likely be to catch as many of them as possible to make the listing as good as possible.

I hope that some significant things happen before the information circular for the AGM comes out so that shareholders can have a say in how things proceed and that the management and BoD do not get a green light to do everything they deem fit to do, without concern for shareholder opinion, let alone specific approval.

jd
Comment by G1945V on Jun 28, 2022 1:47pm
Jd, the AGM is 6 months away. I hope they move quickly on the Nasdaq front! G1945V
Comment by JDavenport on Jun 28, 2022 2:58pm
G1945V, I'll leave it to others to look up the rules but the AGM can take place months sooner than 6 months. I think it ought to be considered that the decision to move to Nasdaq cannot be taken in isolation. The conditions set by Nasdaq are very broad but the company nevertheless has to meet one of those sets of conditions. The conditions exist to prevent listings unless they are deserved ...more  
Comment by Finallytherock on Jun 28, 2022 2:33pm
lol, bioaf has made you insane. the only reason you continue to give your lap dogs any hope is that you need this board. it's everything to you. you've lost all of your money and the only thing you have now is the "company" of those posting on this board. you can't fathom this stock disappearing and people stopping their posting so you do your best to keep it going by writing ...more  
Comment by JDavenport on Jun 28, 2022 2:59pm
Yes, Frt, we understand that you don't know anything about it. jd
Comment by Finallytherock on Jun 28, 2022 3:16pm
you've been humiliated. all of these years spent on this message board and what do you have to show for it? just like the company, NOTHING! what an absolute waste of time and money.
Comment by JDavenport on Jun 28, 2022 3:22pm
lol, humiliated? Watch and learn, grasshopper. I'm not weak and lazy like you are. jd
Comment by Finallytherock on Jun 28, 2022 3:23pm
watch and learn? you've been saying that for 15 years. yeah, watch and learn from someone that is broke because he put all of his money in a junkie company. yeah, we all watched and learned. sad
Comment by JDavenport on Jun 28, 2022 3:42pm
Frt, I wasn't talking about watching Bioasis and learning from it, that's for sure. jd
Comment by cmonreally24 on Jun 29, 2022 12:42pm
This post has been removed in accordance with Community Policy
Comment by cmonreally24 on Jun 29, 2022 12:44pm
This post has been removed in accordance with Community Policy
Comment by JDavenport on Jun 29, 2022 12:53pm
Lol, cmonreally24, you sure do spend a lot of time writing about me!! Kinda weird... No!!!! I don't date boys! Jeez jd
Comment by KayakerBC on Jun 29, 2022 1:14pm
This.
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