OMG. I have shares currently worth a massive $16 in this company, and here's a screenshot from today's shareholder update. (I invested $140 initially.)
OMG. I have shares currently worth a massive $16 in this company, and here's a screenshot from today's shareholder update. (I invested $140 initially.)
@Miraz LOL! And we tend to blame AI for gibberish when in fact, business schools have been dishing such stuff out for decades.
BTW whatās legacy genetics? Sounds like eugenics š³
@jessekelber I wonder if someone just drew items from some kind of bowl of words and threw them all togetherā¦
@pratik Gibberish is a good word for it. Ummm, legacy genetics ⦠Their actual name is Rua Bioscience. I just thought Iād throw $150 at it a couple of years back, but it turned out to be a total loser.
@Miraz I recently also lost a minor amount (low 100s) to another biotech company, Cue Health that I invested when they IPOed. I guess this may have had something to do with it. Luckily, I sold before this story came out but the stock had dropped a lot.
@Miraz And āRua Bioscience aims for a fair local medicinal cannabis industryā. Ah! Now I get it š
@Miraz Ehhh ⦠I blame my inability to understand on age and being a non-native speaker ⦠or could it possible just be that someone has taken drugs or just being immensely bored.
@Miraz Haha, no, but Iām assuming from the choice of words. Iām imagining itās business-speak for āThis is fineā.
@bradenslen š
@Miraz Iām more than slightly shocked to realise that, even though itās gibberish, I understand on a second reading what theyāre trying to say. I may be wrong, but:
> Weāve been trying different things. We donāt waste money. We care about people. We get genetic material from Aotearoa. We work with other organisations, and sell our stuff around the world.
Even if thatās right, though, it still doesnāt tell us what they actually do.