biOasis Technologies Ord Shs V.BTI.H

Consequences of a "no" vote: from IR

[fuzzyjr]

Consequences of a "no" vote: "If the transaction is not approved, Bioasis would be forced to try to continue to operate as a standalone company. It could also be required to reimburse Midatech for Midatech’s expenses associated with the transaction (up to a maximum amount of $225K). The bridge loans from Lind and Midatech would be payable on June 30, 2023, and Bioasis is also required to resume regular repayments under the original Lind agreement starting in January 2023. Both the bridge loans and the Lind agreement are now secured by a pledge of all of Bioasis’ assets. In order to repay the bridge loans and to make the regular monthly payments under the Lind agreement, as well as to fund ongoing operations, Bioasis would need to immediately attempt to secure additional financing. Given current market conditions, it is unlikely that Bioasis would be successful in securing such funding and, even if any funding is available, it would likely be on terms that will be highly dilutive to existing shareholders. If Bioasis cannot raise additional funding, it would likely default on its obligations under the bridge loans and the Lind agreement and Lind and Midatech would be entitled to enforce their rights as secured creditors, which could include enforcing on their security interests and seizing ownership of Bioasis."

[Boomskid]

That, fuzzy, is pretty much what I posted. Both Bioasis and Midatech are required to pay a penalty if the deal doesn't go through. If both sets of shareholders reject the deal then the penalties would offset each other and that could be one less liability for both companies. With respect to going alone, Bioasis asked for a repayment extension for the months ending January 31, 2023. Lind gave

[zwerp2000]

So i am confused. If xB3 is really worth so much, how come BTI could not find a partner to help develop it and save them? Surely if there was any value to xB3, they could have found someone to partner with, no? Doesn't make sense to have such a valuable asset and have pretty much no one interested in using it after all of these years

[craighenry]

Zwerp!  You dont get it.  ONLY JBroke is able to "read between the lines" about XB3. Big Pharmaceutical companies just couldn't do it.  Their Chief Medical Officers,  Lead scientists,  technicians,  NO ONE could see the value of XB3 because they aren't "smart enough" to "read between the lines" like JBroke!! Thats why they

[zwerp2000]

LOL, that has been my argument. If xb3 was valuable, someone would have snagged it a while ago and not passed on it. And i am sure bti could have used xb3 to get a deal where they got cash and could keep going. years of "developing" this platform with nothing to show for it, nothing in the clinic.. sounds like a scam to me. again, what did management do over the years to earn any salary.

[Boomskid]

You're right, zwerp2000, maybe xB3 is worthless, but that's not supported by this sellout. What if Rathjen prevented deals and buyouts because of her own self interests. The information circular points out exactly that potential conflict of interest. The BoD apparently acknowledged the conflict and said, essentially, yup, we understand that and then approved the deal. jd

[zwerp2000]

I just can't imagine she would subject herself to such liability if that's the case. Also, she can't act alone in putting together this deal. She had years prior to use xb3 to create value. How come she failed? If xb3 was valuable, someone would have snatched it. Why wouldn't chiesi buy it for cheap instead of seemingly doing nothing with it since their announced deal from a few

[Boomskid]

Yep, maybe she wouldn't take the chance. But everything she did and didn't do can be discussed in terms of conflict of interest. It's plausable enough to write a book about it, fiction or nonfiction. Cresence, xB3-001, corporate presentations, the Ellipses leak, all of it can be interpreted either way. I've never seen anything in all of Bioasis's documents that proves or

[fuzzyjr]

" But everything she did and didn't do can be discussed in terms of conflict of interest" yep, it can be "discussed" till one is blue in the face. Nothing will become of it - if some of ya figure you got something significant here, get at it & get after her. Wont happen, big waste of money imo. This is going to be a "Yes" like it or not. To be clear

[Boomskid]

In complete agreement with fuzzyjr's latest post. Thumb up... jd

[narmac]

For those who say xB3 doent work,,!!! Bioasis Announces Publication of Independent Validation of the Company’s xB3 ™ Platform Technology Research Conducted by MedImmune Shows the xB3 Platform Efficiently Delivers Antibodies Across the BBB at Therapeutic Doses xB3 Demonstrated Sustained Systemic PK Properties of the MedImmune Antibody Constructs and Demonstrated a Strong

[Boomskid]

Craighenry, a narcissist of the first order who can't control his tongue and temper, who has to win at all costs, and who brags about how much money he has... Hmmmm,,,   Sounds like a plump rich legal target to me. Well, you know, if I'm already there, why not! ...I ups with his heels and smothers his squeals in the scum of the boiling broth. jd

[craighenry]

LoL!  Yup..  Im a narcissist JBroke!! Man, you are so smart! I never EVER brag about how much money I have. I just brag and throw it in your pathetic face that even a dumb buffoon like me who cant "read between the lines"  and just doesnt "understand the science like you"  makes some pretty decent trades in the BIOTECH  and PHARMACEUTICALS 

[Boomskid]

craighenry says, "I never EVER brag about how much money I have. I just brag and throw it in your pathetic face that even a dumb buffoon like me" "I never brag..." "I just brag..." "...a dumb buffoon like me" craig, how are we gonna carry on a nice argument if you're going to agree with me on everything? jd

[craighenry]

Re-read my post again JBroke. Here... let me break it down for you  I never BRAG about how MUCH MONEY I HAVE.  (Response to you claiming I brag about how much money I have) Still with me JBroke?? Then I said I only BRAG about making good trades in Biotech.... since according to you, I dont understand the Science,  and I am not able to "read between the lines"

[Boomskid]

No, no, I'm good. craig. You never brag. You just use that number you've posted to make the point that you've done better than I have, so far. But it's not bragging. So, why did you reveal such a personal thing in a public way and not just send it to me in a personal message? Wait!  It just occured to me! You wanted to brag AND you wanted to humiliate me. Oh, well, that

[craighenry]

Nope. JBroke, you have humiliated yourself for the past 10 yrs.  With zero help from me. None! Alot of us realized how nutz you really are and quite frankly, avoided all contact with you. Ever wonder why we didnt answer our phones when you were in Calgary and you called us to meet up? I have to assume that is ALSO why DR told you to bugger off.  She also realized you are literally a

[G1945V]

Well, thank goodness Midatech Pharma PLC seems to have found some value in xB3! G1945V

[zwerp2000]

not much given what bti shareholders are getting

[G1945V]

This could very well end up a YES vote from the BTI shareholders and a NO from Midatech Pharma PLC shareholders which would put BTI on the lurch. I wonder if this concern is in the minds of BTI management. Midatech dropped by more than half of its December  12, 2022 share balance price when it was $1.65 US. JMO G1945V

[prophetoffactz]

"This could very well end up a YES vote from the BTI shareholders and a NO from Midatech Pharma PLC shareholders which would put BTI on the lurch. I wonder if this concern is in the minds of BTI management." Midatech has a drug significantly de-risked and in clinical trials and I believe it has held talks with industry concerning a potential deal the CEO said. The best value was to

[OttawaPeter]

The Midatech shareholder vote is this Monday-23-January-2023.  https://www.marketscreener.com/amp/quote/stock/MIDATECH-PHARMA-PLC-19157045/news/Midatech-Pharma-Shareholder-Circular-and-Notice-of-General-Meeting-to-be-held-on-23-January-2023-42671632/

[narmac]

,,Did you read off the London blog board where they noted Armistice either held or had been holding a short position on Midatech!!,,I wonder why??,,,,,if the posting is accurate,,,,,but then again the corruption is not surprising and it never seizes to amaze a person!!

[G1945V]

I can see the BTI share price shoot right up, back to where all this began, should the Midatech vote fail to approve the merger on the 23rd??? I assume we will be told of the results right away. jmo G1945V

[OttawaPeter]

  seriously?! How?! fuzzyjr, it's been done before so not impossible. Md got a heck of a lot more done than DR has-bod was stupid to get rid of him - that sent the funding he & cl were negotiating out door & deals he & team were working on out the door. NO ONE wanted or wants to work with DR! Her rep is bad because she is inept.

[prophetoffactz]

"Md got a heck of a lot more done than DR" Incredibly hard to argue that. Rathjen's Chiesi deal beats Day's Prothena deal. Rathjen delivered more deals and evaluations(Chiesi, J&J, Neuramedy, Daiichi, Oxyrane, Aposense, and potentially Ellipses) than Day(Prothena, undisclosed major pharma).   Rathjen dellvered more transformational deals(Cresence, Biodexa). Day

[zwerp2000]

more absurdity by someone that has lost all of his money on this stock and whose predictions for years haven't even remotely come true. but yeah, we should all listen to you.

[OttawaPeter]

  Do some actual research - MD first met with Chiesi in early Feb 2019 - he did the deal - DR just took credit which took her >a year of begging..Prothena was not only deal. MD also did the WUXi & bioagylitics partnerships, among many others.  DR has done nothing in the clinic or otherwise. MD advanced the tech with MMT, issued new/strengthened patents, ensured papers were

[OttawaPeter]

P.S. POF's shadow is reflecting in the lake & the once again paid shill clearly swallowed a bitter pill.

[Boomskid]

Regarding "POF's shadow"... poof says, "Rathjen delivered more deals..."   Most of what Rathjen "delivered" was started by MD. I won't name names but I know which ones, maybe shaky on a couple. Mark Day was very busy.   I talked with him about Prothena. He called me from Ireland, more than once. Whatever that was and however it came down

[narmac]

,,it seems clear to me in these posts,,,,,based on what I hear is that Lind would much prefer to be paid out in cash rather than have a worhtless technology seen as a stemming pile of you know what in their lap,,they would surely love to have shareholders take control of the company and go their own way,,,,,or am I wrong,,,,and Lind know they are shafting every one involved except the management

[narmac]

,,,and xB3 wont have one red cent put towrds its development,,no schedule avaialble,,it might be a fall back to for Biodexa,,,,,,,nothing has been told to us when or ever will our technology be utilized,,,,,nothing,,,,,nada,,,,,so why are we being merge,,,taken out,,,,,if we are worthless,,,,,lmao,,,,,!!,,you cant make this stuff up,,,,,its as plain as the big red veiny nose on Midatechs face,,,,,

[Boomskid]

narmac posted, "...Lind would much prefer to be paid out in cash rather than have a worthless technology..."   I'm not so sure. First, Lind values the technology. They would never accept worthless collateral in support of a loan. I think the question is whether Lind was the front runner for the larger deal. We have no way of knowing but when we look at the loan, and note

[narmac]

,,Ohhhhh,,, I agree,,Lind wants to get their hands on this cutting edge technology,,,,its been orchestrated behind the shareholders backs,,,and unknowingly at that,,,, we are been driven like sheep to make major consessions. Do we have to??,,,maybe not,,,I am crossing my fingers the deep pockets ask to join it or them to hold on to our Company and the technolgy. Plan and then settle with Lind. We

[fuzzyjr]

",I am crossing my fingers the deep pockets ask to join it or them to hold on to our Company and the technolgy. Plan and then settle with Lind. We will move on from there. Negotiate with our partners and make new allianses!!"   Like I've said all along  , if something/deal comes along that's much stronger then of course a person could vote the other way. Devil can

[fuzzyjr]

"Voting "no" is like being 3 runs down in the ninth, with the last of the order on deck, 2 out, nobody on, 0 and 2, with the batter swinging for the fence. Lot of huffing and grunting, but even if it goes over the fence, you're still two runs down and 2 out and not a lot of hope coming to the plate."   Yes , this season is over & now we have to rebuild the team

[prophetoffactz]

fuzzy, it may be the case that Lind and Ladenberg Thalmann have entered a grande conspiracy, perhaps the biggest in history, with the Chinese to unleash COVID on the world, Putin to unleash the greatest war in Europe in 70 years, and with global central banks to respond to it all. They my have been hell-bent on creating 40 year high inflation to sink 25% of the biotech industry below the value of

[Boomskid]

Considering facts and trying to figure out all the things they might mean is probably wiser than pumping intracranial convection enhanced delivery (CED) that's owned by a company that says it's transitioning from a drug delivery platform-based company and that''s trading at 2.8¢ and has dragged Bioasis down with it.. But I'm not surprised that poof talks about China,

[prophetoffactz]

jd, "Considering facts and trying to figure out all the things they might mean is probably wiser than pumping intracranial convection enhanced delivery (CED) that's owned by a company that says it's transitioning from a drug delivery platform-based company and that''s trading at 2.8¢ and has dragged Bioasis down with it.." You've convinced yourself. Thought

[Boomskid]

I think, poof, that you have more fear of being a narcissist than I have of being called one. Why don't you read that post for the first time and then file it away so that it will never trouble you again. jd

[prophetoffactz]

"Why don't you read that post for the first time and then file it away so that it will never trouble you again." I shall. I think I'll remember this at least: "Though many people believe in conspiracies, research suggests narcissists are particularly prone to believing in them, just as they are prone to believing in other odd or irrational phenomena. Cichocka et

[Boomskid]

Well, poof, the share price hit 3¢ yesterday, the lowest in it's history. The markets haven't thought very much of Midatech and Bioasis for a long time and they have absolutely killed the share price since December 13.   I think investors are saying that they don't detect much value coming their way and a lot of value going to LT and The Placee, and for Bioasis

[prophetoffactz]

"Well, poof, the share price hit 3¢ yesterday, the lowest in it's history. The markets haven't thought very much of Midatech and Bioasis for a long time and they have absolutely killed the share price since December 13." Your chance to tell everyone what Biodexa could really be worth right now. Has the market got it wrong? What will be Biodexa's price be in 18 months to

[Boomskid]

Whatever value that Biodexa might have and develop, it will be shared among 1.2 billion shares, 75% of which are held by people who are here because they put the deal together. Why do you suppose they did that, poof? Do you think it was an accident that they got that control? Those prepaid warrants will be valued and disposed of by some action or another and I doubt it will be by exercising them

[prophetoffactz]

"Is it possible that Stamp would like to see a financing that spreads ownership around rather than being under the control of the placee?" Stamp chose Armistice Capital. Stamp said he probably could have arranged an alternative financing, essentially a hodge-podge of various shareholders but negotiating with many people can be difficult and lead to the lowest common denominator

[Boomskid]

Of course he chose Armistice, poof. But who arranged it? Who pitched Boyd?  The Godfather, poof, The Godfather. Whoever arranges the meeting is the traitor. Gawd, I have to teach you everything! jd