Even the Biota company websites gives false information to investors. Under the "Stock Information" section, the company just uses the market data from Quotemedia, which shows that Biota has a market cap of $20.35m with 4,721,348 outstanding shares.
We have been told that the merger was a reverse takeover by Biota so that it was reasonable not to demand any premium on the consideration for our shares. But after the merger, the new company is still presented as Nabi after merger.
The company now has 15 direcots, executives and managers. What the heck are they doing now? They even can not present the company more correctly to the public. I know PC will never admit that an ordinary qualified business person will do better than him.
BTA Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
