RE: Will be supporting all motions.10 Mar 2020 09:19
I am sorry ValJu you are misleading shareholders by your comments.
Not only have I been involved in Biotech as an accountant but also working with companies where there was a threat of going under.
The only basis that the directors can continue is if they have 'reasonable expectations' of obtaining funds in order to continue to trade if not to continue trading would make them responsible for all future debts.
Please do not play with the shareholders emotions by giving misleading statements.
There is only one way out of this and that is to support the motions otherwise loose all.
Believe me I have worked in the private & public sector & did so for some 45 years as an accountant as financial accountant, financial controller etc & have had to trouble shoot many times.
There is only one way to go & that is to support the motions & avoid the company going under. Do it if only for the poor sods
who subjected themselves to the various trials & you would be letting them down if the company is unable to complete the next post trial process.
Think again & support the motions to avoid total loss for all shareholders & the science behind the company.