Replies to post #11830 on BioCurex, Inc.(fka BOCX)

[Ted F]

My guess is that you won't get any answers other than fluff but here's a few anyway.

An annual shareholder meeting would be a good start in creating some shareholder confidence.
What is his time estimation on anything going to trials?
Will he consider raising funds via existing shareholdes to pay off the hedge and to raise future capital?
Is he willing to write into the company's constitution that warrants must be issued at a minimum of the market price on the day they are given?

[xkzuma]

Might help to quickly tally up a rough total of the shares folks
on this board hold, and shove that number at them.
Should be pretty substantial judging from what I've seen
folks indicate this week. I hold 126K shares.

Does seem like they've got their 'proverbial' up their
proverbial, but I'm hoping just maybe that they're under
rigid gag orders from both ABT and IMA until a product
launch is imminent. Sure would be nice to get a general
progress report though, at least something saying things
are hopefully going as planned, and no problems have arisen.

[great-grandma]

I would also ask how we get someone on the Board to represent the interests of the shareholders. Tell him we would like annual reports and proxy ballots mailed to shareholders - it can't cost that much.

I'd let him know how upset we were that they lowered the exercise price on the warrants without any regard for the shareholders. Remind him that the Board has a fiduciary responsibility to us. If they are going to mess around like that, they better have directors' insurance. (OK, so now I'm ranting. It feels good.)

[tommyb]

I would like to hear a little about their business plan (if they have one!). What strategies are they looking at to raise more capital over the next 6 months, 1 year, 3 years? Do they have any contingency plans in place in the event Abbott and Inverness do not move very quickly on commercializing a RECAF product? (hence no foreseeable revenue).

[mcd2inga]

Opp,
Here is a comment/question:
When the company did the financing with the hedge fund, management's expectations were that revenues would arrive before operating costs would use all of the new funds. Here we are only a few months away from being broke, where are the revenues, when will they come, what happened to management's plan?

mcd