Post by
Hopeforthebest on Mar 03, 2024 12:41pm
Some very interesting reading
This morning i decided to read the News highlights for Aezs and scanned through headlines from today back to Nov 2015. During that time which gagnon has had major influence on Aezs there have been 2 stock conslidations, one back as resently as July 2022. In that case approximately 121,000,000 shares where reduced to 4,800,000 a reduction of 100 share to 25. Okay not bad bur bck in Nov 2015 again with gagnon influence, the share conslidation was 100 to 1. Now lets take a look at this Lets say back in 2015 you had 1000 share you now would have 10 share, now comes along 2022, you have 10 shares reduced to 2.5 shares. So now we have 1000 shares reduced to 2.5 shares. at the same we can see that the value of the has dropped substantially
Using simple numbers and speaking hypothetically lets just say those stocks back in Nov befor consolidation where worth $1.00 you would have $1000 in value. In July 2022 when the last consolidation took place the reason for this was to mainatin the Nasqad as the fell below the $1 threashold several times. So again we will us $1 now your porfolio is worth $2.50 after the share consolidation. So in gagnon leadership terms in less than 10 years he has reduced the true shareholder of the Aezs stock by 400 times.
In addition to share consolidation, there have been a few successes in the new releases but a lot more failures lawsuits and so on.
If you do not vote NO, this is what you have to look forward to. gagnon has helped to run Aezs into the ground and is well on his way with NoShowRonnie's assistance will do the same to Ceapro. As Ciao mentioned it was Aezs that approached Czo and with Ceopro's money, gagnon will loose further consulting fees and directors fees and perks all paid in US dollars.
Comment by
lscfa on Mar 03, 2024 1:36pm
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Comment by
prophetoffactz on Mar 03, 2024 3:45pm
Only ~12% of AEZS's shares voted last AGM. Only about 580,000 shares of 4.86 million share voted. Given the costs and stakes of a merger it wouldn't appear to have taken much to get control of the vote into the hands of friendlies. A few hundred-thousand shares and bingo...