Kane Biotech Inc V.KNE

Losing (3) board members today,but...

[francoisl13]

It looks like the company is getting ready for it's new development phase...it would be interesting to see how the board of direction will be 're-shaped' in the near future. Could be a great opportunity to get new board members that have better link to the pharma and financial industries, will see.
GLTA

[lscfa]

2 of the 3 directors leaving are with Searchlight Pharma. Hmmmmm

[ARIMA11]

Yeah one was the chair of the KNE board and CEO of Searchlight. Also, the other is Chair of Searchlight.... https://theorg.com/org/kane-biotech/org-chart/mark-nawacki https://theorg.com/org/kane-biotech/org-chart/allan-mandelzys Academic https://theorg.com/org/kane-biotech/org-chart/sarah-prichard Funny because the names were there on Kane site as of 15 minutes ago. Now gone. https

[MirrorWorldMan]

yes. I don't get it, the significance is minimized by being added as an afterthought to a Financing PR (at a crazy 15%). Three gone overnight with no regrets mentioned, or moves to replace them. Maybe ro save money, Maybe they took cream off the top. Maybe a fall out with Marc. Maybe terms of a potential buy out. Is there a connection between the Financing PR and the resignations?  too

[RoyMax123]

Yeah, those 3 board member gone without regret and without thanking them seems a bit odd.    Maybe they were supposed to be part of the 2M loan but they baled at the last minute, puting Kane in a bad financial situation and having them to do that sh1tty deal.   Because even in a buyout situation they would have thanks them.

[lscfa]

Searchlight Pharma just acquired Miravo TSX:MRV