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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 > Why Will Bioasis Fail?
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Post by JDavenport on Jul 25, 2022 2:38pm

Why Will Bioasis Fail?

Finallytherock, in recent months it's been explained in far more robust terms than ever before how Bioasis can succeed. Nobody can predict with certainty that Bioasis is going to succeed, but it can be explained how Bioasis can succeed. It's clear that the many Bioasis partners have engaged with xB3 because of their beliefs in the possibilities of success with xB3.
 
Failure is possible, and in many ways, the company, at 13¢ a share, is no shining beacon of success. And yet we see these pharmas and biotechs lining up with Bioasis to wrangle success out of xB3.
 
You are quite correct about past failures, but it's no intellectual accomplishment to look at a failed past and to pronounce it a failed past. You have no bragging rights on that because it is inarguable.
 
You could establish some bragging rights, or at least gain a little respect from readers, if you can make some cogent arguments about why Bioasis will not succeed. Why do you think that xB3 and Bioasis will fail and why do you think that J&J/Janssen, Chiesi, Aposense, Oxyrane, Neuramedy, Daiichi Sankyo, Cresence, and others continue to put effort into determining the capabilities and value of xB3? Why are sharks like Ladenburg Thalmann and Lind involved?
 
Would they all do that if they expected nothing from it?
 
It is with respect that I ask you for your comments on this very striking difference of opinions, especially since they are all very public presences with reputations and commercial wealth to protect and enhance, and you are an anonymous presence without proven credentials.
 
Why will Bioasis fail?
 
jd
 
Comment by cashworx22 on Jul 25, 2022 2:39pm
This post has been removed in accordance with Community Policy
Comment by Aarcor on Jul 25, 2022 2:57pm
JD, why ask this question ?  It's like debating the existence of God.  Neither side can provide proof or definitive argument.  The speculation just always degenerates into name calling. What is absolutely real and undeniable is that this existing management and BoD have produced nothing of monetizable value in 3+ years.  After pulling the "alternative strategy" ...more  
Comment by JDavenport on Jul 25, 2022 3:06pm
Well, Aarcor, there is a certain rhetorical nature to the question and its predicate. But, alas, you're doing the same as Finallytherock is doing. You're characterizing the past and not making an argument for future failure. Why are all the Bioasis partners ignoring past Bioasis failures? Are they differentiating between the past failures of Bioasis, the company, and xB3, the technology?  ...more  
Comment by Aarcor on Jul 25, 2022 4:57pm
The future failure or success arguments are probably fun for you retirees who don't know/don't care, what time or day it may be. I think there is a period where management is given the opportunity to define a plan and execute.  If they fail repeatedly, I don't really care what they think they have lined up on the 4th or 5th try at success.  The business plan, created by this ...more  
Comment by JDavenport on Jul 25, 2022 5:46pm
No, I didn't think you had an answer, either, Aarcor.  Bioasis failed in many ways. There is no doubt about that. But failure is no reason to stop playing. There would be no sports if that were the case. There would be no reward for business success if that success were to be always assured. The failures were painful, but a good plan, well executed, can change that as long as the ...more  
Comment by Aarcor on Jul 25, 2022 7:56pm
Jd, same old, same old, for you.  The only thing I'll point out is that, regrettably, I'm hardly in my youth. The rest of your response is your usual personal attacks and I'm not feeling compelled to respond to that. Good luck.
Comment by JDavenport on Jul 25, 2022 8:03pm
What? You're an adult who acts like that? Not responding would be good, Aarcor. But why is Bioasis going to fail? jd
Comment by Finallytherock on Jul 25, 2022 4:09pm
it already failed. game over. face reality
Comment by JDavenport on Jul 25, 2022 5:24pm
Lol. Yeah. I'm sure everybody was expecting you to provide an insightful defence of your "game over" contention, Frt.  But if you believe that Bioasis has failed and has not disclosed it, then report the matter to the BCSC and the TSXV.  All together now, everybody take a deep breath, and hold it until we hear that Bioasis is under investigation for failing to report what ...more  
Comment by KayakerBC on Jul 25, 2022 5:44pm
I don't know if Bioasis will fail but I know what I'm concerned about as a shareholder. I think BTI is at 13.5 cents because of investor concerns about the upcoming Phase II GBS trial financing and dilution and the NASDAQ listing.  I suspect we'll be going into both at current stock prices.  It would take a partner's clinical trial starting very soon to change that IMO.  ...more  
Comment by beenthere on Jul 25, 2022 7:55pm
KBC, whatever you are smoking ( or drinking)  can I have some? $1.00US buyout offer for a stock trading at 10 cents US As they say ... " only in your dreams" But yes yes yes I would take that offer! My guess would be 42 cents CDN
Comment by KayakerBC on Jul 25, 2022 8:15pm
Beenthere, $1.00 US would be just $73 million US.  Laughably, ridiculously cheap for a buyout.
Comment by beenthere on Jul 25, 2022 8:47pm
You are forgetting WHY would anyone pay more than they have for BTI? And right now BTI is close to being at best worth 10 cents US and at worse ZERO!
Comment by JDavenport on Jul 25, 2022 9:31pm
beenthere, my old friend/adversary, there are tens of millions of investors who have never heard of Bioasis. Millions have likely heard of Denali and regret missing that play. Bioasis will have a whole new hoard of investors coming in and you can sell to them at any price that leaves you satisfied. I have questions about xB3 in some uses, but it's still likely worth a lot of money if it ...more  
Comment by beenthere on Jul 26, 2022 6:37am
Well JD it's like this. BTI has not given me any reason to think otherwise.
Comment by JDavenport on Jul 26, 2022 7:20am
No, no, beenthere. I don't expect that Bioasis can give YOU any reason to think differently. I wasn't asking you to think. I was asking you to behave differently. ...for a change. jd
Comment by narmac on Jul 26, 2022 7:25am
Acchhhhh,,,every investor with even a few years of experience should be excited for BTI and or their investment here. Life begins with risk,,,,,and it never stops,,,,I am all tingly for what might lay ahead for us and definitely for those with life dibilitating diseases which we might have a great chance to effect on the good side,,,our team of experts are not fools and have clear direction at the ...more  
Comment by JDavenport on Jul 26, 2022 12:24pm
Good words, narmac. I agree. We would likely have had success 4 or 5 years ago if the compoany had taken action 8 or 9 years ago. The peptide, xB3, was created and then announced in 2014, six years (six!!) after the company was founded. And it was used. That was a failure, and it resulted in years of failure. The current Bioasis started with work done and associations developed by Mark Day in ...more  
Comment by JDavenport on Jul 26, 2022 12:52pm
The second paragraph og my previous post should have stated, "We would likely have had success 4 or 5 years ago if the compoany had taken action 8 or 9 years ago. The peptide, xB3, was created and then announced in 2014, six years (six!!) after the company was founded. And it wasn't used. That was a failure, and it resulted in years of failure." That's it for me for a while. I ...more  
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