Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Honestly George , I really mean no disrespect, but using phrases like "Hemo casino" and "death spiral" makes me think you are in Suzi/C.J's gang - 2 people who(admitted) aren't even invested in Hemo and you're probably not either.
Let's see how this plays out over the next 6months and I'll happily discuss your "death spiral".
Failure might be an over statement but things are not going as well as had been hoped for. A lot of investors will be down, myself included. This is a young company with potential. I don't think it is a doomed company but clearly has made some mistakes and I hope the BoD, especially Vlad, take it's running seriously. Sell and crystalise a loss or wait and see what happens. It's each individuals own call but for me its a waiting game now.
It just seems to me as though the CLN finance situation is being blamed for the current low s.p when the actual reason is the failure to secure a CDX deal
@Shaggy - a petty cash level takeover war, maybe....
Has anyone realised if Lilly were to come in with a cheap takeover bid, there would be a counter offer from the other GlobalCo (If this is not Lilly also, i still think this has a link with a Belgium Pharma, so Novartis, Jannsen Cilag, Glaxo, Pfizer or AstraZeneca). Then it will go to a takeover war......
Or, he's not given away his IP at a very undervalued price and is going to continue the development until they're prepared to pay a fair price for it and then the shareholders get their value. The truth is, none of us know.
Vlad has impaled us day traders and LTH
Well said Big George, the ruler of the board. Could you all show Big George respect or else!!
Wonder what the short term to medium term outlook will be like with all this current turmoil. What if mint capital change their mind on cln ?
I think we all need to take a step back, take a look at what's been released to-date, and try to work out a timeline here.
Ignore the unknowns, pointless to try to include Mint actions and other wildcards, and focus on the products and how they will likely progress.
Yeah Amur, I said that.
I've got a grip.
This is an high risk/potential high reward investment and I accept the risks - I won't blame others.
I won't do a u-turn or claim the C.E.O is full of b.s unless the reality of the situation unfolds to be the opposite of what was claimed it will be.
Vlad hasn't made any promises, good night .
Look back Amur.....go for it buddy.
Yeah, we are all disappointed about CDX.
You give me an example of a C.E.O that had a forward looking statement or did an interview that said "you know what folks, the negotiations aren't going great and the outcome might not be the same as you lot are ramping it up to be".
P.I's are in a need to know and price sensitive information blackout position - invest or don't invest.
We can all sell if we want to.
I wish you well!
I have to agree, he didn't reassure me at all regarding the CLN. Didn't sound like he had any idea how it is going to play out and he's looking to get out of it now that the relationship with Mint has broken down. Surely, Hemo must have know this could happen. Maybe they did it as a bluff thinking Global co would take the option. However, global co not taking the option has triggered a negative cycle otherwise known as death spiral finance. Hemo must have been desperate to take the CLN. Only substantial news will save things now.
George, I preferred you as Suzi/Badger
People are allowed to change their perspectives based upon new information...it's called learning.
The interview was a blinder.
He didn't dodge any questions
Many a C.E.O would have failed to acknowledge the current or future potential issue with Mint, but he didn't.
Regarding the CDX......we all had high hopes for a cash injection and future incremental payouts, but Vlad has been straight and stated we would have got peanuts.
It actually sounded to me as though a terrible offer had been made to Hemo for CDX and he's fired them off - the guy has got loose lips on Twitter. Yeah, it's his personal account, but we all know he can't help himself . It would explain a lot of his cryptic tweets about fair value and not giving anything away. It would also tie in with a theory that an 'unsolicited offer' had been made.
As Amur said a few weeks ago..........."disregarding cdx and lilly for a minute, the other programmes are in a lovely position so the business has a really solid look about it just now with access to massive finance when needed...nicely positioned."
Come on Hemo!
Amur, do you mean CDX or the CBR platform regarding covid?
Bill message me on Twitter.
@Bo...10 to 15 is a stretch. If we're in clinical stage in 12 months success could be 5-6 years. If the boxes are ticked successfully along the way the majority of the value will be raised long before then. I don't intend to hold 100% of my holding until something is on the shelf I will skim as we go. I am well aware of the risks and the possibility of complete failure and I will reassess as I go. I see no less risk than when I invested a year ago. Everything still on track in my opinion. It will hurt but I can afford to lose it and if you hold your nerve and have patients that's how you get the big pay day as long as you backed the right horse. Only time will tell.
C.J, give us a clue about your lawsuit buddy......you're not involved with the supermarket caterpillar argument are you?
Pumpky what final results you expecting and when?
Great interview by the way.
Same here Shaggy.
Global co. = generic term for anonymous Global Pharma
Just listened to the interview and very revealing. As i said over a year ago, that there was definitely more than 2 x GlobalCo’s, we already know Eli Lilly is one. So a lot of things in the pipeline in the next few weeks or months. Happy times just around he corner
Hi C.J, how's the lawsuit going?.