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Re: Bepractical post# 15015

Sunday, 04/21/2013 6:13:24 PM

Sunday, April 21, 2013 6:13:24 PM

Post# of 29254
The answer is quite simple, Bepractical, because I've never heard that the major shareholders, neither the actual and former management have put too much of their own money in the company. The Malaysinas got their shares and the control of the company by selling Alpha to Viropro.
The last ones who have put money in the company are Intas who has bought for more than 1.5-1.75 million dollars of shares in a couple of different private placement but it was during the time that Beausoleil was the president. He is the one who's got this money in the company from them. Since them, there are 2 guys who brought more than $750 000 each in the company, one is a canadian from Montreal and owns and control around 75MM shares and the other one is an indian who probably owns many tens of millions shares as well. Besides that, I think that all they have got is some toxic financing from some guys in the US who dumped the stock like crazy. I know for sure that those 2 guys woudn't put anorher single penny in the company because of the fully reporting problems. The former (Claude and Rajiv) and actual management have never been able to go and close some real financing.
That's the problem, since they are'nt fully reporting, no real guy want to put any money in. That's why I can't understand why Cynthia since over 8 months have not been able to take care of this problem.