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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 > British Columbia Securities Commission!!
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Post by narmac on Feb 05, 2023 9:10am

British Columbia Securities Commission!!

What do the Shareholders want to do this week????,,A Zoom meeting among interested parties is essential,,,!!!,,I am thinking we make contact with the BCSC to ensure our rights are respected and protected going forward and the responsibilities of the four separate groups managing Bioasis fulfill their respective duties.  The Senior Managers,,The BoDs,,,,The Medical Advisory Board,,,,and the Scientific Advisory Board,,,,, Comments Appreciated!



https://www.bcsc.bc.ca/about/contact-us


Contact Us

General Information

Reception: 604-899-6500
Inquiries:  604-899-6854 or 1-800-373-6393 (toll free across Canada)
Fax: 604-899-6506

British Columbia Securities Commission (BCSC)
701 West Georgia Street
P.O. Box 10142, Pacific Centre
Vancouver, BC V7Y 1L2

Contact Us

General Information

Reception: 604-899-6500
Inquiries:  604-899-6854 or 1-800-373-6393 (toll free across Canada)
Fax: 604-899-6506

British Columbia Securities Commission (BCSC)
701 West Georgia Street
P.O. Box 10142, Pacific Centre
Vancouver, BC V7Y 1L2

Comment by narmac on Feb 05, 2023 2:57pm
NB***,,I have a number of shareholders now who are interested in a Zoom chat. For those who are still on the fence but are thinking joining the discussion would be beneficial you can message me thru the private message option here on SH. Power to the People!!!! >>>>>>>>>>>>> Shareholders. Lets get at it!!!
Comment by narmac on Feb 06, 2023 4:53am
,Step one here is to ensure the IP remains with BTI. We will explore financing options along with advisement from council at every corner to pay off the Lind group, securing our path forward. Initial discussions are taking place already. We have all agreed to start the wheels in motion this week. Not all activity will be discussed in open form on this site of course. Any luck we will encounter ...more  
Comment by ROSIE2023 on Feb 06, 2023 12:36pm
agreed message sent  why is this IP taking so long to make it to markert if it works 
Comment by Boomskid on Feb 06, 2023 6:47pm
ROSIE2023 asked why the Bioasis IP is taking so long to make it to market if it works.   It's possible that there are deals that have been held back due to a de facto standstill for the last 12 to 18 months. I have already written it all out a number of times and I won't bore you with it again here.   A player like Ladenburg Thalmann (LT) could very easily tell its client ...more  
Comment by ROSIE2023 on Feb 06, 2023 10:12pm
I could not get onto the agm properly to ask questions but surely there were some that could have  but there was only one Question posed i voted my shares for dr dr since we don't have time to bring in a new team  BUT we have to hold this BOD to the proverbial fires and have them more accountable 
Comment by Aarcor on Feb 07, 2023 10:35am
Rosie, your vote infers that you don't feel anyone can do a better job than Rathjen who has taken the company to the brink of bankruptcy.  In fact, it is bankrupt now and I'm sure she'll preside over that until she can no longer extract a paycheque and resigns.
Comment by ROSIE2023 on Feb 07, 2023 10:57am
Totally agreed but finding someone else's on short notice was too big a take right now  we can only hope she takes notice and she has been advised via email that the vote was not one of.confidence  She needs to wake up 
Comment by zwerp2000 on Feb 07, 2023 11:33am
This company has been dead for a very long time. It's just that now, it appears the nightmare will soon be officially over
Comment by DrDragon on Feb 06, 2023 12:44pm
Agreed, message sent. Let's turn the question around. Why would Lind take xB3 as collateral for its bridge loan if it had no value?
Comment by Froggy101 on Feb 06, 2023 1:13pm
I'm in to , time is running out , let's see what can be done . 
Comment by zwerp2000 on Feb 06, 2023 3:17pm
what else would Lind do? BTI has no money. They can't pay back the debt they owe to them. 
Comment by G1945V on Feb 06, 2023 3:53pm
Surely, if push comes to shove, insiders can put a million dollars together to keep the IPs away from Lind.   G1945V
Comment by prophetoffactz on Feb 07, 2023 12:20pm
It will be very interesting to see what happens next. BTI is in a very difficult situation on one side of the equation; but Rathjen has been the most dynamic CEO that BTI has ever had. She has completed more deals, bigger deals, more tranformative deals and came close to closing the biggest and most transformative deal in BTI's history with Biodexa. The deal was so big it literally had the ...more  
Comment by zwerp2000 on Feb 07, 2023 1:39pm
okay, now we know you are just joking around or completely drunk and out of your mind
Comment by zwerp2000 on Feb 07, 2023 1:48pm
Rathjen has been a complete failure.  1. Go back and listen to some of her speeches at previous annual shareholder meetings. Nothing she claimed would happen came true. Not even close 2. No drugs in the clinic 3. No progress with any of their programs 4. Received very little money from Chiesi a few years ago and it doesn't seem like anything is happening there. Deal was signed years ...more  
Comment by narmac on Feb 07, 2023 1:53pm
Hummmm,,well,,,,where did this informatuion come from,,,,,,,you say Bioasis is dead??,,no,,you arent rerading the info,,,the deal is dead,,,,not Bioasis,,,,,,good grief,,,far from the truth imo,,,,cuz,,thats not what I am hearing,,,,all the contacts I have chatted with point to serious activity behind the scenes as I type......there is more than one group which finance public companies...& ...more  
Comment by prophetoffactz on Feb 23, 2023 5:09pm
narmac, ",,,all the contacts I have chatted with point to serious activity behind the scenes as I type......there is more than one group which finance public companies...&...there are numerous other business models to follow,,,," It's been over two weeks since narmac posted that. Midatech announced its financing three weeks ago. Will we see more than just a financing? Another ...more  
Comment by narmac on Feb 07, 2023 2:14pm
***What will Rathjen's next move be? *** Most of us are hoping DrDR will step down and allow Bioasis to seek a new CEO with a more productive approach around its business and its science. Morally she should should do just that,,,,be honourable and accept that she has performed at the low end of our technolgy advancement scale. Why wouldnt one want to step down???,,and pass the reigns over ...more  
Comment by prophetoffactz on Feb 07, 2023 3:11pm
"What we have here is, a CEO, of a Canadian Company, with its head office in the USA, and who's presence is in Aussiland, where by the way Carina Biotech resides!!" That's a very superficial way of looking at it, in my opinion, narmac. The truth is that Rathjen has taken preclinical Carina, raised substantial funding including from institutions over the last couple of years, and ...more  
Comment by zwerp2000 on Feb 07, 2023 4:27pm
At BTI, despite inheriting a company with no cash, a history of failure that led to multiple management transitions, and being handed shareholders that were trying to get her to swear off dilution, she has been the most dynamic CEO BTI has ever had. She has closed more deals, bigger deals, and negotiated more transformative deals than any CEO in BTI's history Oh really? The stock is trading ...more  
Comment by zwerp2000 on Feb 07, 2023 4:28pm
Oh, and let's not forget her failed attempt to sell the company for peanuts to another company that is also on the brink of bankruptcy. Her reign as CEO has been comical at best. 
Comment by Boomskid on Feb 07, 2023 4:27pm
Poof, stop! Most ridiculous posting I've ever seen. The stock is at 3.5¢ What part of that needs more explaining? And the CEO did that. I've never seen such foolishness! Go put your money on Midatech. Go post on their forum. Rathjen achievements! Even you could sell four LSDs for $750,000 each. And then claim that Hunter syndrome is a big deal. It's embarrassing, poof. I ...more  
Comment by beenthere on Feb 07, 2023 8:22pm
Pof, simply put he is Useless with a capital U and it's time for him to go! Good bye pof!   As with others like you, I hope karma finds you and sooner the better!
Comment by fuzzyjr on Feb 07, 2023 4:42pm
great summary imo! The truth works. still say it was a brutal deal/merge/dilution etc wise but it's quite obvious now both companys/CEO's etc had there backs up against the wall & were in survival mode. Not sure what the shareholders on the other side of the deal were thinking with the "no" vote given their financial shape & no plan b?? & few even show up to ...more  
Comment by narmac on Feb 07, 2023 7:00pm
,,but,,POF,,,,the impressive advanceent of Carina and the disasterous condition Bioasis is in is the CEOs responsibility....unfortunately thats how important positons go...seems everything is falling into place for Carina,,,,,and as they say there is a huge amount of work to get financing and to get an IND in place,,,,,with a 10 to 12 hour difference in time between here and Aussiland,,,what hat ...more  
Comment by beenthere on Feb 07, 2023 7:17pm
Narmac, why are you giving this useless do nothing ceo credit for half days? Well, maybe my guess would be a half day a WEEK!
Comment by prophetoffactz on Feb 07, 2023 9:29pm
",,but,,POF,,,,the impressive advanceent of Carina and the disasterous condition Bioasis is in is the CEOs responsibility..." If Rathjen was incompetent Carina wouldn't have been able to raise all the money it has, including from institutional investors, advance its science preclinically, and get the 'green light' from the FDA to start clinical trials as it has. Rathjen has ...more  
Comment by prophetoffactz on Feb 07, 2023 9:30pm
Comment by Boomskid on Feb 07, 2023 10:01pm
poof says, "If Rathjen was incompetent Carina wouldn't have been able to raise all the money it has," So, are you saying that Rathjen has deliberately underfunded Bioasis? And it's not the number of deals, poof. If you give too much away, you carve the low prices in stone? It becomes your policy. Poof, with deals, size matters! So far, all I've seen are little itty-bitty ...more  
Comment by prophetoffactz on Feb 07, 2023 10:27pm
"Poof, with deals, size matters! So far, all I've seen are little itty-bitty wiggly deals." It looks like Rathjen bagged a Lysosomal Storage Disease elephant. It looks like Rathjen bagged Chiesi's potential billion dollar strategic Fabry asset as part of the xB3 portfolio. It is the potential emerging standard-of-care and Denali doesn't have it. As Rathjen appears to ...more  
Comment by Boomskid on Feb 07, 2023 10:52pm
Rathjen "bagged" the Chiesi deal? Really? So what if Chiesi/Protalix have a billion dollar franchise with Fabry? Bioasis made its deal. Three million up front, and $138 million in milestones. That's what Bioasis got. That's for four LSDs, of which Fabry is only one. So, poof, you're touting a multi-billion dollar drug and Bioasis managed to negotiate only $750,000 and  ...more  
Comment by zwerp2000 on Feb 08, 2023 7:45am
If Chiesi thinks xb3 is so important to their strategy, why aren;t they buying them out? For $.04, they can own the entire company. A huge company like Chiesi can easily afford that, no? Why was chiesi willing to let MTP buy them? Why is Chiesi willing to let BTI pretty much go bankrupt? Why haven't shareholders received any updates in years about BTI's prrogram with Chiesi? Hmmmmm. I ...more  
Comment by Revolutionary on Feb 07, 2023 8:13pm
  Narmac-- appreciate the shout out & with you! DR has grossly neglected this company & her fiduciary responsibilities. --Pete 
Comment by Revolutionary on Feb 07, 2023 8:17pm
forgot to mention that my regular handle was put on a "time out" & this is back up.  --still Pete
Comment by Boomskid on Feb 23, 2023 8:46pm
Glad you're still around, Pete.  jd
Comment by Boomskid on Mar 01, 2023 9:59am
Because poof is referencing narmac's post out of context, without member comments included, I have decided to force narmac's post back on top. Poof is using one of the tricks I posted yeaterday to ensure that this forum is populated almost exclusively with his posts.  Imagine a world with nothing but poof's copy/paste jobs, including stuff he has been fed by somebody else and he ...more  
Comment by Boomskid on Mar 01, 2023 10:23am
Is there any interest in filing a report to the BCSC and TSXV? jd
Comment by Boomskid on Mar 01, 2023 10:37am
I would be willing to consolidate my knowledge and documents ro report Bioasis to regulators. I would include a lot of things that Dr. Deborah Rathjen's actions and inactions might suggest. But I would require financial support to do that. My time is worth something.  jd
Comment by Boomskid on Mar 01, 2023 10:47am
Should Bioasis (and prophetoffactz) be reported to regulators? Put it on the table, folks. jd
Comment by Boomskid on Mar 01, 2023 11:54am
I'm serious about doing this.  Please let me know. jd
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