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biosectinvestor

12/28/18 12:43 AM

#205730 RE: Horseb4CarT #205719

I agree. It was a win-win and well-done transaction. It showed savvy on LP's part to grab it. But on the local China front, or in a bigger transaction, I'd be leery and careful. I think there are two many cross-cutting agenda items and geopolitical issues, not to mention lack of any relevant experience. But, they are no doubt good at bargaining and would likely pay a little extra on a small transaction, to build trust and obligation, for a larger transaction where they would surely negotiate very hard and might very well not be beyond using undisclosed means to put pressure for the sale. The only comfort I have is that loads of shares, likely a controlling interest, are in friendly hands.

Umibe5690

12/31/18 2:41 AM

#206034 RE: Horseb4CarT #205719

Keep in mind that continued and lengthy silence will support the downward trend of the share price to new lows. Depression in the share price whether by dilutive financing or lack of transparency/positive news---the result is still the same. At unprecedented lows in the share price, even quite positive news may only get us back to where we are now.

No notice of an ASM yet. LP up for re-election--so I suppose an ASM sometime relatively soon will be necessary for a vote. I think she will be re-elected because she and friends have controlling interest. However, in principle, I cannot vote in favour of her re-election. The utter silence and lack of transparency have done much to devastate the share price.

I once had a conversation with Les about the extraordinary silence. He responded by saying that every time there was communication, they were attacked. So they chose silence---what else should we do, he asked? My response was that obviously silence was the wrong strategy, just look at the absolutely excessive drop in the share price. And it is utterly embarrassing that an ignorant "journalist" like AF was running rings around two lawyers who should know better. Don't ask me what you should do...I exclaimed! That is your job and why you are paid nice salaries and options. If you are not skilled and creative enough, then it would be wise for you to get out of the way, resign and get someone else who can do the job. As an IR and communications official, your performance is definitely found wanting. Silence.....and then his meek response..... I am sorry you feel that way. As a CEO, I would have thereupon requested his immediate resignation.

Bottom line and I have said this before: the science is solid, the management not so much. I hope for a BO.