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well its definitely fingers crossed time.good luck to you also.
The.Italian,
Certainly no need to apologise, as it’s open season where stocks are concerned. Especially these days where stocks like FUM have fallen a lot (100mill peak). Of course they have had a major failure which caused most of the drop, but it certainly reads like they will come back hugely, even if only to double the 100mill, which is easily doable. Good luck is what I say.
afternoon bignose.ok you got me bang to rights.i confess have invested modestly in FUM.apologies to all here for this perfidy and i hope i can be forgiven.seriously and with apologies for going slightly off topic l felt FUM could be a good bet as its going for the medical device route now (hopefully slightly easier and less expensive but certainly no guarantees) ,is going for an area ,ED, where we know there is an established market demand,although this means there is significant completion from very powerful existing suppliers (which may perhaps be mitigated by the claimed suitability for sufferers whose medical profile may preclude or discourage them from current treatments like viagra).also lombard having significant % holding which they have recently increased, albeit modestly. again no guarantee of success so its really just a punt and certainly not recommending it to others .what i did not know until yesterday was the history of FUM's assay into the ED market and its apparent failure due to poor take up,which a poster on FUM talked about yesterday.im afraid you are right it seems that the embarrassment factor is just too big a hurdle to overcome. im certainly not selling out of regent although i no longer bother to check the value of my holding. i suppose its just possible that we may get OTC approval and i suppose recordati must think there is at least some point to pursuing that but not optimistic here I'm afraid.anyway there are bigger issues worldwide at the moment so i hope you and all other posters are staying safe in these most difficult of times.gla
The.Italian,
I see you may be thinking of moving over to the dark side (ED) Or you may have already started moving ... ;-)
I too have been watching FUM from a distance for many months.
Since the ED market is already established and a known entity, I am sure FUM will do ok. The billions in income from the few can be quite easily distributed to the many....like FUM.
I think its going to be quite sometime before the PE market is prepared to get over the "embarrassment" factor. As such, the idea that once approved, Fortacin will be the companies bread n butter will probably not happen, hence there being no license agreements in place. Any proposals will be only in pounds, shillings and pence rather than the millions optimistically expected. I mean the China license has only come about since 2017 (maybe even later) whereas the US License discussions have been since the beginning of 2014 and evolved in to zilch.
hello keith sorry if ive depressed you.none of us know what is going to happen and I'm personally sticking with it in the hope that something left field might crop up.not advice to anyone of course and I'm not really expecting it, but good luck to all in these very difficult times.
Thanks The Italian, you have really put my mind at rest! You have always been a clear thinker regarding this debacle and I appreciate your feedback. I can now do rest easy knowing that this is going nowhere.
my feeling mirrors bignose on that one, get the feeling we are forgotten or just neglected
Bothwell,
He hasn't got it moving in the last 4 years, what makes you feel he can do it now ?
It was up 6 or 7% at one point. Jim Mellon will get this moving.
keith for what it's worth and that;s probably not much, im guessing that if the RX to OTC application fails,which it probably will,either administration will follow pretty quickly or jamie will be replaced by a mellon minion and attempts made to keep the HK listing with some form of RTO.we will be massively diluted in the second event but may still come out with something if mellon can find a suitable candidate for RTO.just guessing of course.
i believe psychiatrists in hong kong commonly recommend share trading as a therapeutic activity for patients suffering from the most severe forms of mental illness and delusions.that probably explains it
3% up?
How the.......
Actually, come to think of it....what does he do for the 1.5 mill. No progress, no 'new' initiatives, no on-going admin...no hope!
I would imagine that our esteemed leader will be keeping the company going for as long as possible, so he can continue to 'milk' it for the 'well earned' 1.5 mill. It beggars belief....or does it! Possibly the driest 'money fountain' in history!
and we may as well be priced at 0 now ha zero value evidently here, cash flooding out. whatever happened to the notion that a hk listing had some proper value haha
is there no way we can seek answers regarding the misinformation we have constantly been fed in announcements? delay after delay, deadlines constantly missed, we should be able to get some truthful answers
Well, I am surprised to see a 3% rise today after the shocking news last evening.
This would indicate to me:
1. The news was already leaked several weeks ago, hence the drop to where we are now (and probably not so much to do with the C-19).
2. The investors buying are only traders who have no ide what the company does or had reported yesterday.
Maybe given time, there will commence a huge sell off in the next week or two ?
I still find it hard to believe the misinformation we are constantly given related to the FDA approval process its quite incredibly for a 1.5mill salary (now standing at nearly 10% of the companies worth),,,keerrrcchhhiinggg thankyou very much.