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Bullboard - Stock Discussion Forum Replicel Life Sciences Inc V.RP

Alternate Symbol(s):  REPCF

RepliCel Life Sciences Inc. is a Canada-based regenerative medicine company. The Company is focused on developing cell therapies for aesthetic and orthopedic conditions, including aging/sun-damaged skin, pattern baldness, and chronic tendon degeneration. The Company’s cell therapy product pipeline is comprised of RCT-01 for tendon repair, RCS-01 for skin rejuvenation, and RCH-01 for hair... see more

TSXV:RP - Post Discussion

Replicel Life Sciences Inc > ADMINISTRATIVE BURDEN
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Post by RPINVESTOR1 on Aug 30, 2024 7:39am

ADMINISTRATIVE BURDEN

Andrew Schutte talks about how the administrative burden will be reduced under the proposed 'purchase' by the private company. This is a total falsehood (I am being polite.).

Even after the company deducts expenses (ie. perhaps one million per year salary for the CEO?, etc. etc.) related to running the business, there are additional administrative charges on royalties - 92% (100% - 8%) and on any asset sales 25% (100% - 75%)!

Just say NO!
Comment by MetzGER on Aug 30, 2024 9:28am
Very sad That Mr Schutte didnt adjust his offer to us. He is simply a criminal lier. tbh Andrew Schutte was the worst thing this company could meet. Lee Buckler wouldnt have done this move. With Lee Buckler i wouldnt have invested that high amount of money. Andrew Schutte frauded all of us i want this guy will loose all his money. if he will succeed with his plan. I'd Like to love to meet him ...more  
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