Friday, February 08, 2019 11:49:25 AM
There is not one person with a controlling stake, so it has to be approved by shareholders. This company has no business trying to stay on an exchange. Plus, this is hardly the way to stay on an exchange. This is ridiculous! They reverse split us, less than 2 years ago, only to dilute, dilute, dilute until they ran out of shares again. Then they asked us to raise the A/S, to which we said absolutely NOT, and now they want us to approve a R/S. Is that a serious question? They should have saved the filing fee, beacause this needs to be a big fat "NO!"
If we can't secure real financing, then we need to go back to OTC pinky land where this type of behavior is expected. With phase 3 clinicals nearing, and solid data on the clinical trials so far, I find it hard to believe that we can't get real financing. What a joke...please vote No on his absurd request.
It's time for this company to be sold. I've been a bag holder here long enough and I'm tired of subsidizing incompetence!
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