Transparent? They haven’t filed anything with the SEC since December 2016 or issued a press release in the same approximate timeframe. What could be less transparent. In fact I’ll even call that zero opacity. But all legal I presume.
We (shareholders) have literally zero idea what’s going on with Tetralogic, debt holders, Medivir as it relates to milestones etc. Have their been amendments to covenants, with debt holders, has Mr. Zyngier taken a salary, has Tetralogic had recent communication with a Medivir, why did Tetralogic have tax due of $88,579.44 for their Delaware annual tax report for 2018, why isn’t Tetralogic registered as a foreign corporation with New York State if Batuta Capital and Mr. Ziegler (Who is the sole Officer and Board Member of Tetralogic) based in New York. Public record, so I suggest you research this with the Delaware and New York State Secretary of State’s Business Entity Search.
So once again let me preface I am not implying any wrong doing, in my opinion that there has been zero transparency for shareholders.
PS...who has been buying and accumulating what appears to be a very large position? Not me as I already have a sizable position and I haven’t solid one share.
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