Replicel Life Sciences Inc V.RP

Insiders

[Ingiboy]

Now that Jamie Mackay owns:  6,839,027 shares before warrants when you add up the shares owned by the top 10 insiders (before warrants) including Yofoto and Mainepoint by my crude calcualtion they own 30,000,000+ shares of the 51,169,215 shares issued and outstanding as of January 1st 2023.

Regardless of how this plays out in 2023 these 10 shareholders run the show.

[Genie29j]

Yep, you're spot on! which is a delight to see. I'd rather see this than a fraction of what they currently own. They are believers - or so it appears 

[Ingiboy]

Yes, I don't have a problem that these insiders are believers.  That is is not the point I am making.  The point is, good or bad these Insiders control the company and and the direction they feel suits them. You notice I use the word them instead of us.  I am hoping what suits them is also good for us. 

[Genie29j]

Well isn't their interest the same as yours & mine as shareholders? Get as much value as possible for the greatest ROI?  what else would their intentions be? 

[Ingiboy]

Take the company private.

[Genie29j]

Ahhh I see where you're going with this. Yea, that's certainly a possibility...and they could do it relatively inexpensivly. 

[bluemoons20]

Very interesting.  Is there some interest in this possibility now?? I  seem to recall  suggesting this a few months ago  and  received no response of any kind to the suggestion. Yes  , a real possibility  and  rather  than get the  $5  someone suggested  recently  , Existing shareholders  may  get  5  cents

[Ingiboy]

bluemoons20 There are a couple of scenarios at play. Firstly with the 10+ insiders controlling the company if they choose to take it private the share buyout price will not be $.05. I suspect if it happened now it would be in the range of $.25 or above.  I am not sure on what Canadian securities rules apply when companies are taken from publicly traded to private. Secondly the other scenario

[Genie29j]

Honestly though, I see this as a very slim possibility  1. other than Andrew. These other insides are just regular people. They don't have deep enough pockets  2. No chance YOFOTO sells - especially since they bought in around $0.40 (I believe). And...this was years ago, they'll want an ROI. But again, I do see YOFOTO selling because they still haven't really gotten the

[Ingiboy]

From the Replicel  Sept. 24th 2018 announcing the partnership with Yofoto: "The investment portion of the Transaction is a CDN $5,090,000 purchase of common shares (each, a "Share") at CDN $0.95 per Share and will include 20% warrant coverage exercisable at CDN $0.95 per Share for a period of two years. The deal structure also includes milestone payments, sales royalties, and

[Genie29j]

Okay - thanks. So with this it's an even higher price tag to buy YOFOTO out.  "Worst case" they buy out at $2 per share. I drop my probability meter of them going private anytime soon to 0% 

[cnotes22]

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