Signed in as:
filler@godaddy.com
Signed in as:
filler@godaddy.com
Firstly it's my pleasure as the CEO of Mantra pharma Inc. (the "Company" - a Futura Capital Group Company) to post my messages on the Company's website for you, the Company's valued shareholders, investors, guests and visitors.
I will format my message ("CEO's Corporate-Update") in a manner that delivers a "Quick & Concise Summary"; providing warranted details as and when required. (see below).
Rajinder Chowdhry (Raj) - CEO & Chairman
The company having truncated its last project in Croatia is continuing to seek and review s advanced Pharmaceutical & Medical projects. I believe that the pharmaceutical and medical sector is going to continue to flourish, especially with an aging population growing globally, and with the expected and imminent drop in the interest rates around the world.
The foregoing opinion & statement certainly is a forward-looking statement, and since I'm about to make more of the same, I urge you to read the "Cautionary Disclaimer" available on the Company's website, and as referred to again later in this presentation.
The Company, having faced the past economic difficult times caused due to the Covid epidemic and subsequent high interest rates to fight inflation, and due to Croatia not legislating the necessary laws on medical marijuana use on a timely basis terminated its initial project in Croatia, part of the European Union ("EU"), Additionally, the Company controlled it costs to a minimal level to restrict shareholder dilution. With the interest rates finally starting to recede, the Company once again has commenced its pursuit to acquire advanced pharmaceutical and medical assets, especially with emphasis on artificial intelligence ("AI").
Based on current global economic, social, political, environmental & ecological dynamics & the transforming trends emerging at a time when the world population growth, especially of the elderly reaches new highs, the demand for pharmaceutical and medical assets, especially catering to the elderly, will reach highest levels both in the established westernized economies and the emerging economies. And, this is all happening when the pharmaceutical sector needs to regroup after the Covid issues; somewhat of a disarray.
Note: Pursuant to the Company's business plan, when the Company first was created as a reporting company seeking a listing on a stock exchange in 2020, immediately following the onset of the Covid epidemic, the last Pharmaceutical project in Croatia was acquired at what management believes to be exceptionally low price, representing "zero cost"; and hence without significant dilution to shareholders. upon the completion of an extensive review of global demand for various types of pharmaceutical & medical products.
The right time to Acquire Advanced Pharmaceutical & Medical projects is "Now". Our Team can accomplish it, and again, with shareholder/investor support.
Pursuant to a cooperation agreement, dated June 5, 2019 (the “Cooperation Agreement”) , with a city within Croatia (the “City”), the Company and the City were cooperating to explore opportunities to obtain a license to undertake activities for growing and selling cannabis for medical purposes. The cooperation agreement was recorded at a nominal value.
The Croatian city at no cost to the Company had constructed a complete laboratory and manufacturing facility for the Company’s use for the production and processing of the medical cannabis.
Due to delays caused by the Covid epidemic, Croatia was unable to pass the necessary regulations on a timely basis to implement the opening of the medical cannabis sector, being prior to Croatia’s full and complete entry into the European Union with Schengen zone (abolition of passports and other border controls at mutual borders comprising 28 countries) implemented in 2023.
As such, the Company terminated the Co-Operation Agreement, and is seeking new Pharmaceutical and Medical projects; “Projects of Tomorrow”.
Risk Management: As you all appreciate, the Pharmaceutical & Medical Industry does have business risks. "To mitigate Risk", even when the projects and markets are looking positive, one needs to add additional prospective advanced projects, especially when the time to do so is opportune; as is the case now.
Focused Team - Delivering Shareholder Value: The Company's whole team is focused on delivering shareholder value to all shareholders of the Company, as can be seen to date. I not only serve the Company, the Company's team, each of the Company's Shareholders, and each community and country where the Company conducts business; I also do it as a significant shareholder [as per my shareholder filings on the System for Electronic Disclosure by Insiders ("SEDI").
The Company & I thank you: Your valuable time to read my my Update Message, and for your continued support as the "Company having Forward Thinking" creates and delivers results and value for all shareholders is truly appreciated. I recommend that you view the Company's Brochure (t e "Brochure") available on the Company's website (in the Document Library Section) for more information & details. and read the full Disclaimer provided on the Company's website.
"Raj Chowdhry"
CEO & Chairman of the Board
NOTE: Click Here - To Read Full Disclaimer - Covering All Content & Statements Above
Copyright © 2024 Mantra Pharma Inc. - All Rights Reserved.
Designed by Ruhidesign