Share crash at Bayer!
Hard times for Bayer shareholders, but nobody can say they did not know it.
What did the shareholders think? that Bayer and Monsanto would always come away with their atrocities?
Bayer not only has the problem with Monsanto and Glyphosat, but has to fight even with collective complaints for possible health damage by the contraceptive spiral Essure®.
It has been proven that Monsanto’s products cause cancer, but also that the manufacturer did not adequately warn of the risks and even acted deliberately. The jury had largely approved the plaintiff’s side.
Now also the judgment of the judge Suzanne Ramos Bolano at the Supreme Court in San Francisco, who the cancer verdict confirmed! This ruling confirms that $ 289 million in compensation will be reduced to $ 78 million.
But if the plaintiff settles for the lower sum, the process will not be rolled up again.
One has to imagine that: since the verdict in August, Bayer stock market value has fallen by about 23 billion euros. And don`t forget: The Singapore government is Bayer’s biggest shareholder!
These were the shareholders before the merger
Ian Hilliker, an analyst at Jefferies LLC in London, said in a statement to his clients that, according to his estimate, a class action lawsuit by 8,700 plaintiffs suffering from cancer due to exposure to glyphosate could reach $ 680 billion in Monsanto’s liability.
The chemical company Bayer is on June 7, 2018 on target: In a few days he became the sole owner of the US seed company Monsanto. The loaded name should disappear with the merger. For about 66 billion dollars (about 59 billion euros) Bayer becomes the world’s number one in the crop protection and seed business.
Whoever thought that Monsanto has the most patents on seeds and plants, is wrong, it is the German Bayer group. This holds the world’s most patents on seeds and plants, even more than Monsanto.
German companies are also major customers of Monsanto’s genetically modified products. In fattening factories, chickens, ducks, geese, turkeys, cattle and pigs regularly eat GM soy and the agar industry is huge in Germany. After all, Germany is one of the largest meat suppliers in the world.
My comment: With the poison “coctails” of herbicides and insecticides that we eat and drink every day, the danger of cancer production also increases.
Herbicides and insecticides are poisons and they are now in our diet. It was even found in breast milk. Numerous studies have shown that this toxin causes serious damage to mammals.
What will become of us? Soya producers use 88 percent more pesticides than they did six years ago. The reason: more and more “weeds”, which should not have come up with glyphosate, have become resistant to this. There are also problems with resistant insects on allegedly “insect-resistant” genetically engineered maize plants.
We are experiencing a new, creeping form of world dictatorship named Bayer/ Monsanto.
My best regards, Venus