Ann: Proposed issue of securities - BIT, page-49

Whilst some may find today's announcement disappointing by now we all know it was inevitable. The endless fairytails of free money and secret deals by "clever management" were too tantalizing to look past.

There is certainly one good thing to come out of today, we can finally clear some of the endless BS myths around here and today's announcement has clarified many things including:

Myth #1: "Covid-19 trial based on FDA feedback is fully funded by non-equity funding source". Complete BS. done and dusted
Myth #2: "HIV trials are fully funded". Certainly doesn't look like it. They needed additional money for the critical assays so that they know what the detailed results really are.



Myth #3: "They will just cut costs so cash isn't a problem". Didn't happen. Wasn't going to happen.
Myth #4: "They won't do a CR and dilute shareholders". Fair to say that was BS
Myth #5: "Talking about issuing new shares at a massive discount is stupid". LOL



Myth #5: "Old shareholders talking about the company's past is irrelevant". Oh dear. Where is that person now?
Myth #6: "There is a secret deal with Bill Gates to fund the trials free of charge to Biotron". LOL
Myth #7: "MM said .............. "

So going forward when these ill-informed self professed experts try and shout down alternate views and claim that facts are lies and that anybody who says the stock is unlikely to double by the end of the week is obviously a manipulator, have a think about who is manipulating who. Why did they make up all these stories? Not all of this was management's fault.