Saturday, December 20, 2014 12:41:55 PM
Your concerns were discussed last April after the first SA hit piece. Her are a couple of the posts -
JB3729 Member Level Thursday, 05/08/14 05:11:23 PM
Re: None
Post # of 14801
Peter T. was the CEO of Biosign for THREE MONTHS and was made a scapegoat. CFO Scott Worthington left a week later -
Mr. Clarke succeeds Scott Worthington, who has decided to leave the company following the departure of Chief Executive Peter Tassiopoulos last week.
http://www.newswire.ca/en/story/729623/colley-clarke-appointed-cfo-of-biosign-technologies
donkschmonk Member Level Tuesday, 04/15/14 05:34:41 PM
Re: None
Post # of 14801
HOMEWORK FOR YOU
Any shareholder or prospective shareholder should/must do this 1 minute quick homework exercise, which I posted in response to somebody on SA saying that no legitimate company would copy press releases from previous companies...
Dear Doug81, you are VERY right. No legitimate company would copy press releases from any other company, and your post is SPOT ON as PERFECT EXAMPLE of how the short misleads readers intentionally:
1) the ONLY thing they copied was THE LEGAL DISCLAIMER; having been in the finance industry for many years I can reassure you that standard things like legal disclaimers are not everytime drafted from scratch but copy pasted, from a another document. Only the standard legal DISCLAIMER was copied, albeit once even not very carefully. Super simple and happens at the best of firms, its the simple DISCLAIMER!
2) please google: Biosign Dell. See the press release where they announced that Biosign will be utilising Dell's equipment. NO partnership, NO collaboration, clearly only being a CLIENT of Dell, intending to use their equipment. Please google it. How is that the same as INTEGRATING technology into a MAJOR product of Dell?? One means NOTHING (anybody can become a client/customer of Dell tomorrow morning), the other one means EVERYTHING!! Please read the press releases the short is referring to via this simple google exercise...and see if they have in any way have a similar meaning!
PLEASE either prove above wrong (I invite you too) or kindly conclude that the short tried with his allegations to intentionally mislead you.
Now would any legitimate short need to do that??
JB3729 Member Level Thursday, 05/08/14 04:46:53 PM
Re: None
Post # of 14801
Nothing in the PR regarding any wrongdoing. Apparently, Peter T. and the board member had a different vision than the rest of the board. Looks to me like the board should have listened to Peter T.
BIO.V closed at 1.35 on 4/18/11. Today it closed at .03.
Biosign Director Resigns, CEO Relieved of Duties
TORONTO, April 19 /CNW/ - During a scheduled meeting yesterday, the board of directors of Biosign Technologies (TSXV: BIO) has accepted the resignation of Alfonse D'Amato as director of the company, relieved Peter Tassiopoulos of his duties as CEO, and resolved to start searching for a new chief executive.
Radu Leca, Biosign's President, has been named CEO on an interim basis.
http://www.newswire.ca/en/story/748003/biosign-director-resigns-ceo-relieved-of-duties
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