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Biotech / Medical : ProMetic Life Sciences

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From: axial2/20/2017 2:49:49 PM
   of 250
 
NASDAQ and PROMETIC

The following is a recent email sent to a Prometic investor by Fred Dumais. Link here.

— The inferences are interesting
  • Prometic has stated it would like a ~$10 CAD share price at the time of NASDAQ listing
  • The message reflects considerable optimism about the whole spectrum of Prometic activities -- especially including trials -- in the next 12 months
______________________________________________

'The fact that we are considering a listing on NASDAQ should not come as a surprise to anyone. We have publicly disclosed that many times already.

Have we met with investment advisors on Wall Street? Of course we have, name 1 and chances are we have met with them and their analysts. We have been increasing our exposure to the US investors and market for a while already.

Have we mandated an investment adviser for the listing? When we have something to disclose to this effect, we will. Nothing specific to disclose at this point in time

Will it be in Q3 2017? Possibly, it may also be in Q4 2017 or later based upon many different variables. We will only do it when we are convinced that every necessary conditions are properly aligned

Let me make this very short and simple. ProMetic is interested in listing on NASDAQ. That’s a publicly known fact and has been for a while. With the deep product pipeline we have, it would indeed make perfect sense and would most likely be quickly reflected valuation wise. We will only do so when we judge that we are in a position of strength on all sides (financially, operationally and clinically).

We believe we have a few more deliverables to achieve first to be in that optimal position and we are working on all of them as we speak (more clinical data in advanced clinical trial stages, approval of our first plasma-derived product, partnerships and licensing agreements etc…).

Rest assured that anything material will as always, be promptly disclosed when ready and finalized.

Best regards,

Fred'


Jim
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