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All my posts being deleted. Best of luck to all the good guys. Over & out
Sean
Yep keep to the facts not fiction.
Could come anytime any hour, as today bottom feeders are hoping for.
Interesting that our innocent exchange yesterday was immediately deleted Hoodie. Skullduggery afoot here methinks
I can understand peoples frustration but a little clarity is needed here.
The deadline of 30 + 15 days was to conduct due diligence, that time has passed without any notification for an extension to this, presumably due diligence has been completed.
Last year an announcement was made between Euda and 8i acquisition 2 corp to extend due diligence.
“8i Acquisition 2 Corp. and EUDA Health Limited Announce Extension of Due Diligence Review Period“
That hasn’t happened here, so I can only presume negotiations are on track and work is still ongoing.
From Eudas announcement re merger in the 5 October
“ The completion of the merger is subject to various conditions, including the negotiation of a definitive agreement, regulatory approvals, and the satisfaction of customary closing conditions.”
In defence of SAR, the business model is very clear and simple unlike VAL.
Share price drift is a concern amidst , as it is; the cashflow runway. Is a Funraise as far fetched as some would suggest?
More fool VAL for giving exclusivity to Trx. Was this because they honestly thought that an unknown outfit could source 1.6 million in about six weeks/six months/2 years/whatever? Or was it a means of disguising the fact that nobody else was even remotely interested in Val? Have they been turning down hordes of funding approaches saying 'sorry, we're in an exclusive agreement with Trx'? Without the LOI story I suspect it would have been just total silence, which is as good as what they have got to date.
The fact you have come to the rescue proves I have a point.
I doubt you would try and counter me if I was not right. We all know how you operate.
Well at 15p Val is still multiples below where it should be, they make big money we sort out our short term issues and they get moving trying to make 201 happen. That is the worst case situation BOD should be looking at. Best case deal signed as expected this year.
The company is open to serious manipulation by TRX so they should have a stake at a decent price if they keep missing deadlines.
I can see many non holders would not want that but it would be the right thing for the actual people that hold the stock and own the company.
PM
Sorry but no... TRX shouldn't have to buy shares at 15p... haha
The only people to blame for this mess are the BOD for letting this drag on and on...
If the' products' are so good... why are we waiting two years for TRX to get their backsides into gear...
Why isn't anybody else jumping in...
Regardless of the merger, which i dont believe will happen, there is nothing I have seen to say that post merger VAL will get anything...
Using placing money (to keep the lights on) for bonuses was a scumbag move. Someone should have lost their job for that.
Scientifically, fair enough they do have a good reputation.
In terms of operating a business they are still falling way short. They have proved time and again they are commercially weak. The threat of yet another placing is always there. That's why Porky and the ilk are still infecting this and other boards.
If the merger fails TRX should be forced to buy at least £500k Val shares at no less than 15p to keep exclusivity for 201. They have been responsible for the mess over the last 2 years and causing such a large drop in SP with missed deadlines.
Nothing has changed the deal is still on the deadline was for dd to complete and now this appears to be on track to complete soon as we have not been notified that the merger has failed. Therefore the drop is not justified.
Apart from 201 we have many projects worth multiples of our market cap so I expect anyone selling here to be selling at a large loss only to buy back much higher. Not exactly smart trading.
Reputation?
This new Board has a good reputation in the industry.
Why do you think that professionals from Kings, Barcelona, Hokkaido, Ambrose, TRX, Stingray and Professor Hargreaves are working with Valirx?
Your post insults their intelligence and your own, in equal measure.
This morning’s early drop is a nervy reaction from investors as realisation that Porky has completely lost interest in Vali kicks in. 😃……
Sadly I'd agree,there having a bit of a shocker,let's hope they dont rub it in by taking a xmas bonus or similar, not sure what would happen if the thing fell through but it's getting to a point where I'm not sure it would make that much difference as may give us chance to find other companies that can take 201 forward,unless of course no one would be willing to which is a big worry, but let's hope somehow Suzy can do her job and get this over the line
Watch out selling,this has dropped the last 3 days on pretty even buys to sells.
Take an Imodium and switch off.
CastorTroy
Posts: 98
Price: 7.80
No Opinion
No News Is GREAT NEWS!Today 08:55
Im 100% with P.I.
REVERSAL DAY!
Which way...?
How else is he going to get her £25k bonus paid? ;-)
When has Suzy ever regarded a placing as unfavourable news - it is a way of life for this BOD ?
The reputation of the current BOD isn't helping the situation much either ;-)
'If there were unfavorable news, Suzy would have disclosed it before Christmas.'
Why Christmas; market sensitive news should be released when it happens. Why not say before the next Full Moon or April Fools Day?
Patient
Obviously... not busy enough that you can't post rubbish but too busy to respond and back up your statements
have a good day at work...
Bleak?
Two billion dollar deals today, in the biotech sector, (Icosavax and Systimmune).
Yet Valirx drops, despite it's carefully managed finances, innovative pipeline of evaluations, P2 assets and a fully functioning laboratory.
The poor reputation of the previous BOD is proving hard to shake off.
Patient
'If there were unfavorable news, Suzy would have disclosed it before Christmas' . - Really? She in the dark same as us!
'I'm genuinely pleased with the progress of Val 401. I find it brilliant!' - Really? Please do tell , what do you find brilliant about it? Im intrigued to know...
Honestly mate, some of your posts, and Porkies too... laughable...
I want to stay positive for Val but things are looking very bleak for now :(