CYP 0.00% 25.0¢ cynata therapeutics limited

A No voting block & an alternative loan facility, page-24

  1. 12,393 Posts.
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    Having been invested in a company that has gone through VA and subsequently liquidated, I'm taking this seriously.

    We cannot condone these type of activities, where director's self interests is so blatantly on display; as this can easily lead to some serious slippery slopes

    We want CYP to be coming from position of strength in multiple fronts, and one of the most important one is cash in the bank.
    Our directors need to lead by example and show confidence in the company, as they should know where we are heading right?
    Get external funds and buy into CYP, let the $$$ build up, every bit help

    CDI was bought out when they didn't have much $$$ in the bank; they were from a weak negotiation position
    I certainly don't want CYP to be in a weak position when negotiating, as this is proven to be long and arduous. How many more xmas' do we have to wait?

    So $$$ in the bank is required for these options

    My vote is a clear NO!
    Our directors need to do the right thing!
 
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