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Sunday, April 05, 2020 8:19:42 AM
You have fiduciary duty to shareholders, in your opinion, why share price has been in this low price range for years; is the share price today low, fair or high, and what is your projection in the near future in term of share price?
Can you detail your reasoning in regards to the above?
ARE YOU STILL AFRAID OF PROMOTING OUR OWN COMPANY TODAY?
Why have you divert most financial resources to build Cognate, Advent for manufacturing which seems in the end only fall into your own interest, while the underlying trial has been in constant struggle in many front, and as a matter of fact after 12 years, the trial still has yet to unblind?
Why not focus on getting a successful trial done first; with that in place, financial resources should not be a problem, and then we can build manufacturing to the standard asked for by regulatory agencies, which has been actually a common practice for most small development stage biotechs?
Now we are feeling once again you are diverting resources to build other manufacturing facilities without a clear sign of trial success, so that in the end you are the sole beneficiary of all this, if the trial fails.
Your explanations are very much appreciated?
[I will email the management of my two posts including this one next week]
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