Anyone else receive an email about this? Claims the company made "false and misleading statements" in their last press conference concerning their financial condition.I suppose when you say that you have enough cash on hand to fund operations for the next year, it would make people believe you are not going to dilute.
Any class action law suit that would be filed now would be dismissed due to lack of standing.Without the actual issuance of the shares there is no economic damage.Therfore,no standing.
Funny.I am a shareholder and did not receive an email.If a class action suit was initiated there would be a news release.So post a link to the suit.No link,no suit.
Here is another Canadian company which has a class action lawsuit for deceving their shareholders. Even though it is not a biotech company, the way in which the company deceived its shareholders is very similar to AEterna Zentaris.Here is the web link about the lawsuit.http://www.theinquirer.net/inquirer/news/2074518/rim-sued-allegedly-deceiving-investors
No it isn't. As of today the company has not raised more cash. There is no lawsuit and no possibility of one at this time.
Would be a waste of time and effort on a microcap.
No, it is not a waste of time. Investors will be rewarded hansomely if the lawsuit stands in court.
lol now we need another atm to defend this atm