It's been nothing but Horrible for anyone holding this security, especially long term.
The 3 who voted thumbs down to the truth are either Pipe-Dreaming Ignoramus', or else Low Life Pumper-Dumper Fraudulent #$%$.... just goes to prove pure #$%$ attracts equally disgusting parasites and maggots.
This company has milked investors time and time again. Long Term Holders have been Destroyed. This company operates under the guise of a legit business but is nothing but a Criminal Enterprise Scheme Designed to Suck the Capital Out by the Criminals who are in control. It's has been and probably still is a unadulterated P.O.S. (until proven otherwise). I own shares from 4-5 years ago... these shares are down something like 99%, It would have to go up about about 15 times or to about $57.00 per share for my position just to Break Even.
This Company has Never done anything right for it's investors from day one. Other than Milking Investors out of their money, this company serves no purpose whatsoever. The track record speaks for itself. It should never have become a public company to begin with.... however that was done by design.... As the Executives have and their criminal partners have used it as their Personal Piggy-Bank by a series of Manipulations, Outward Lies, and Deceit.... to extract nearly every penny of every dollar ever invested into it (approx. a 99.9% loss for anyone holding over the past 4-5 years). No matter what anyone here tells you this company has and will be TERMINAL to anyone sinking their money in it. Terminal rhymes with CRIMINAL, and that's exactly what this Company's Executives and their 'Partners in Crime" are. They ALL should be Jailed and ordered to make whole Investors who have been SCAMMED!
Aeterna Zentaris, Inc. NEVER has done anything right for investors. Other than milking investors out of their money this company serves no useful purpose whatsoever. It should never have become public to begin with. The executives of this company have used it as their personal piggy-bank by way of a series of Manipulations, outward Lies, and Deceit to extract nearly every penny, of every dollar, ever invested into it (approx. 99.99% loss if one had invested over the past 4 to 5 years). CAUTION: This company has been and will be TERMINAL to anyone sinking their money into it. Terminal rhymes with CRIMINAL.... that's exactly what the Company's Executive and their Partners in crime, the Short Sellers are. They should be Jailed and made to repay investors who have been scammed.
nobody responsible at this company has yet been slaughtered and hung out to dry (like long term shareholders sitting on 99.99% losses. It should be front page news by now which could put others thinking of doing the same to shareholders on fair warning..
with dividend payout both in cash and shares (also all cash if requested,,or all shares if no choice is made).... How will the stock options adjust on the Ex-Dividend Date?
someone, anyone, please take this SOB out tonight.
Besides the huge interest rate, why would they give away so much (2% of the company plus exercise price of $0.10 for an add'tl 17.99%)? To me this just doesn't sound good nor right.... Were there no better alternatives?Anyone here know more?
"Along with the preferred stock, Security Benefit has received warrants to purchase 17.99% of the outstanding common stock before the transaction was completed with an exercise price of $0.10 per warrant and a ten year term. In addition, the Company has issued a share of preferred stock under a separate series to Security Benefit with voting rights equal to 19.99% of the outstanding common stock before the transaction (the “Series F Preferred Stock”). The voting rights of the Series F Preferred Stock will be reduced in conjunction with any reduction of the warrants or economic participation right."
SEC? Let's see what, if anything, they'll do. It's Blatantly Obvious Insider Information Has Been Used To Trade,
Was it so undervalued, or is this a bit excessive based on results?