Replicel Life Sciences Inc V.RP

Private Placement

[Ingiboy]

From Stockwatch today:
"RepliCel Life Sciences Inc. does not intend to complete the second tranche of its non-brokered private placement"...

This is not good news.  Obviously no takers.  Not a surprise trying to flog shares at $.18 with half share warrants when you can buy shares on the open market for $.105.  
O.K. now there are no excuses for not giving the shareholders an update.  Unfortunately I don't think we will be excited about what we hear.

[toniZ1]

indeed, no good news. But you can't say that if someone is willing to buy for some millions dollars shares he could do that for 0,10 at the stock market. Such a order would never be filled and if you buy without a limit you would probably have to pay for the most shares a much higher price than 0.18.  Once again, the only thing that counts here is the legal process with Shiseido. If I

[Ingiboy]

The only one willing to buy millions of shares at this point is Andrew Schutte.  This PP was a desperate plea for some working capital to kick the can down the road a little further.  At the time it was announced on March 21st the share price was $.20 so $.18 made sense but not now.  Maybe if some larger buyers were to buy on the open market we could see the share price actually go

[Genie29j]

Well no matter what, we should hear back on the conclusion of the arbitration with Shiseido by mid-Oct. that will be here before we know it. But this is bad news, they will run out of cash at this rate very quickly. They are desperate...if not now, soon. Very soon 

[MetzGER]

They will Go pur of Cash because Lee needs his 240.000$ salary For doing nothing