Viropro, Inc. (VPRO)

[alias7]

There are two totally different things going on.
First AlphaBiologics is under water and has no equity and millions in liabilities. The problem with AllphaBiologics is seems to be totally involved in fraud. Michelle Peake says was worth 30-50 million when only worth few million. Where did all money for. loans go. How did SH get 525 million shares of Viropro worth 21 million dollars from Datar and Gingras in 2011 without vote of shareholders. All this smells like fraud.

Second totally different issue is Alpha is a factory with equipment. If you can't use equipment then the only value is price of aluminum as scrap metal. Like a running BMW worth $50,000; but only $250 as scrap metal from junk yard.
CT has deal with Vivo. They will bring in 15 million as loan CEO Vivo is personally responsible for. Vivo has 100 scientists, products to manufacture, contracts. Biocidus has joined them. Vivo major operation few hundred miles away in India.

It's like story of goose that laid golden eggs. Alive worth million; dead worth pennies. Vivo gets 2/3 shares; but after dilution Viropro has factory making product and Viropro shares probable worth .05-.10. The problem is for reasons that can only speculate about; SH kills deal, oust CT etc.

One possible explanation is people at SH more worried about Malaysian prison and wants CT out to preserve cover-up.

The fact is there was 15 million on table and SH killed the deal. CT has no idea why SH killed deal. Your guess is as good as any. The only thing can say for sure is we all thought our shares would be worth millions of dollars and could not believe SH was killing deal.