Replicel Life Sciences Inc V.RP

Private Placement

[Ingiboy]

Dec. 30th the Private Placement closes.  It will be interesting to see if it was full subscribed.  Possibly they have been holding off updating the trip to Japan until the PP closes.
From Twitter:
"We just arrived in Japan! We are meeting with multiple potential investors and partners for all of our products: RCH-01 for regrowing hair, RCS-01 for rejuvenating skin, RCT-01 for repairing tendons,& DermaPrecise for precision injections. CEO Andrew Schutte is busy. Stay tuned."

Well we are staying tuned.......anything to report?

[Ingiboy]

Well, let's take a look at how this PP went.  Of the $1,050,000 value of shares offered they managed to sell $841,965.     Which Directors bought into the PP (NR Jan 3nd 2023): "Each of Andrew Schutte, Peter Lowry, Peter Lewis and Gary Boddington participated in the offering," Andrew Schutte ($400,000+) Peter Lowry Peter Lewis Gary Boddington Which Directors did

[Genie29j]

It's clear as day now - these insiders are all buyers! Unless there was a sense of obligation or they know something we don't, either way I always prefer when the management team has skin in the game. 

[lscfa]

8 insiders.....   REPLICEL LIFE SCIENCES INC. ("RP") BULLETIN TYPE:  Private Placement-Non-Brokered BULLETIN DATE:  January 4, 2023 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on September 6, 2022

[bluemoons20]

Too bad the market is not showing the same enthusiasm as  the long time shareholders on this board!!! GLTA

[Ingiboy]

Unfortunately the overall market is firstly waiting for any sign that the company will produce revenue (Dermaprecise) and secondly resolve this dispute with Shiseido which both have gone on endlessly. Until that happens the share price is going nowhere.  I thought by now we would have had a quick update on the Japan trip.  Is no news good news or bad news ? 

[Genie29j]

The Japaninese take a lot of courting in business deals. Any new serious investor(s) could take months+  I once helped broker a partnership with a Japanese supplier for my company and it took 4 months and my leaders 3 different trips to them for dinners.  Anything is possible, but I would suspect Replicel isn't in a better position at this point. My guess is they are lining