Last $0.04 USD
Change Today -0.0005 / -1.27%
Volume 20.0K
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As of 5:20 PM 10/21/14 All times are local (Market data is delayed by at least 15 minutes).

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09/23/14 - $0.15
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mindesta inc (MDST) Details

Mindesta Inc. develops fast dissolving drug delivery systems for the pharmaceutical industry in Canada. Its technology platform develops advanced oral delivery thin wafers infused with natural and/or synthetic cannabis extracts to deliver treatment as an alternate to smoking and ingestion. The company is headquartered in Ottawa, Canada.

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mindesta inc (MDST) Key Developments

Mindesta Inc. Announces Executive Appointments

The Board of Directors of Mindesta Inc. announced the appointment of Gilles Derome and Dr. Dana Allen as Advisory Board members of the firm - CTT Pharmaceuticals, effective immediately. Gilles Derome brings more than twenty-five years of marketing-sales and senior management experience in pharmaceuticals combined with consulting for bio-pharmaceutical companies. Through his pharmaceutical career at Sandoz/Novartis, Gilles had the opportunity to launch several products spanned over different therapeutic areas such as immunology, oncology, neurology, asthma, cardiovascular, mental health and women health. During his tenure as Head of Scientific Development, Gilles had the pre-marketing responsibility for the entire company's portfolio ensuring proper products positioning, pricing and reimbursement strategy to accelerate market penetration. Dr. Dana Allen, most recently served as Chair of the Department of Clinical Studies of the Ontario Veterinary College and in the past served as Chair of the Department of Companion Animals of the Atlantic Veterinary College.

Mindesta Inc. Announces Management Changes

Mindesta Inc. has closed on its acquisition of CTT Pharmaceuticals Inc. In connection with the acquisition of CTT Pharma, Gregory Bowes tendered his resignation as company's sole officer and director. Dr. Pankaj Modi and Dean Hanisch were appointed officers and directors of Mindesta and Dr. Allen Greenspoon was appointed a director. Dr. Pankaj Modi, serves as the company's Chief Executive Officer and as a Director. Dr. Modi received his M.D. in internal medicine (diabetology) from the Instituto de Endocrinologia Metabolismo y Reproduction, SA/University of Florida and completed a post-doctoral fellowship in neuroscience at McMaster University in Hamilton, Canada. Dean Hanisch, serves as the company's President and as a Director. Mr. Hanisch has over 15 years experience in business and finance and has worked for and served as a consultant to several public companies. Since October 2011 he has worked for Steenberg Financial as a consultant for the company's North American brokerage services. Dr. Allen Greenspoon, serves as a Director. Dr. Greenspoon has been a practicing physician specializing in obstetrics and occupational health for over 25 years working in Hamilton, Ontario. He has conducted multiple clinical research studies related to diabetes, lipids (cholesterol) management, dermatology, obesity, oncology related research and cardiovascular diseases.

Mindesta Inc. Auditor Raises 'Going Concern' Doubt

Mindesta Inc. filed its Annual on Sep 11, 2014 for the period ending Feb 28, 2014. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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