Viropro, Inc. (VPRO)

[alias7]

When Datar and Gingras did SH deal they were "betting on the come". This was extraordinarily reckless. Alpha Biologics had million is debts, no income, million required to get on line. Datar gave SH 525 million shares for liabilities. Viropro had no income. When CT took over in October 2013, Viropro was in very critical condition due to threat of foreclosure. In one year CT did the impossible and put together a deal which would save Viropro by bringing in Vivo which had 60 scientists and 15 million dollars to make Alpha going concern. The removal of CT given the circumstances showed the most extreme disregard of fiduciary responsibility to shareholders. Nobody here believes what happened because the posters on IH find it inconceivable that the people with the power to do this, could act so badly. The real truth is rejected as too crazy, too irresponsible, too outrageous to be believed. It is very hard to be an investor without some blind faith that management will not behave very, very badly. I could never imagine that Directors could act so badly if had not seen it with my own eyes.