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Still showing in my II a/c, but cannot trade them. Not worth much anyway.
BB
https://www.nasdaq.com/market-activity/stocks/acut
Gone for me anyway..
And your opinion is based on what exactly?? Definitely not research as Accustem only has money to last till Nov this year, and without a major update there is no chance of getting a fund raise completed.
Stop winging- you pay the your money you take your chances
It’s a gamble if you can’t take the loss get out
Accustem will come good but maybe not in 22
You won’t get any good feelings bye ****ging off the BOD
Genuinley disgusted with the lack of news and disregard of shareholders!!
It appears to be engineered to go down with lack of news.
I said it 2 years ago and I will say it again.
These lot running Tils plus now Accustem are nothing but lifestyle Directors.
The can will constantly be kicked down the road. These Directors are getting massively rich for doing virtually nothing. Investors will be further diluted until their investments are worth next to nothing. The small number of investors who think GC is some kind of genius need to smell the coffee before it is too late. You could probably come back here in 10 years time and the drugs in the pipeline will still not be at phase 3 stage.
$0.65 after consolidation - So Approx 3 cents or about 2.6p in old money.
My 30k shares show as 1500 shares and a value of £780.
BB
And is that at a value of 0.65 dollars as opposed to even worse 0.14 !
It’s crap, my 2200 holding has been reduced to 116. i was expecting it to at least be worth more than $60 wtf
Just now and for the first time my Accustem shares are showing a value in my ii account albeit at 0.65 and are currently untradeable. Nice to see some value though !
Would G-C still be better off if Acut works out? TLSA too. This can't all be a big charade can it? Anyway we are stuck so let's hope not.
785000 in administrative expenses for 3 directors! Wow we are in the wrong business here. No wonder Accustem only has cash till November this year with wages like this. Appears they have had to pay the directors over the odds to get them on board. If it goes pop they will at least trouser 750k each for less than a years work….. is this some sacrificial lamb being thrown out into the wild so Gabriele can say we tried but it didn’t work out for accustem!?
Enough money in the pot to keep Accustem on track whilst the structure of the company is built.
TLSA is well cashed up for pretty much the next year.
Other small cap companies in the sector will need to find answers pronto as their cash runway shortens.
I will keep loading up on the companies in this sector who are undervalued, with a cash runway taking them into next year.
Mad!
Chairman announces purchase of shares. Could buy those shares with his consultation fee from accustem! If GC keeps this up for a few years and the SP slides more he will own 99% of it!.
I really hope I’m wrong but I’ve been saying that for probably 18 months now, it honestly looks like the biggest shafting I’ve seen for years! Can’t believe I was naive enough to see genuity in some of the BOD and interviews etc. Expensive lesson
I can only imagine that Cerrone pops in and burns everyone’s note books and smashes their hard drives every week for that fee. That would explain the complete lack of anything. GC - giving it large to gain credibility with holders on the tragic loss of his loved one and then look at what he has done in her name.
What an absolute low life.
'As of March 31, 2022, our cash balance is $3,244,600, which is adequate for our current planned level of operations, through at least November 2022.'
About 6 months left to suffer.
BB
'In January 2022, the Company and Gabriele Cerrone, who is the Chairman of the Board of Directors and the largest shareholder, entered into an agreement in which he will provide consulting services to the Company for a monthly fee of $5,500. As of March 31, 2022, $16,500 was due to Gabriele Cerrone.'
$66k/yr for the privilege!!
BB
3 million in the bank losses every year expected and will raise as haven’t got the money to carry on the research even though he says we was better than what was out there blamed covid for most of it and admits something better could be out there by now we all have been scammed by this conman
https://sec.report/Document/0001493152-22-014587/
I don't have time to read it right now, I doubt it says anything of much use anyway
May be we can look at breaking through the 200 day MA, now sat at $1.20.
We fell through that in Feb 21 and haven't been near it since!
BB
This really does appear to be as dead as one. Having to bottom drawer this even though I have a fair lump of them.
Seriously feel sorry for some of the investors that were diddled here, my average is probably a lot lower than many and I’m still at a fair loss.
Just wish accustem would do something decent to pull us out of this death spiral.
Let's not worry over trivial things. We've been through enough over the past years.. Let's all relax. All will prove OK in the next few years.
I'm not really sure it's anything to be overly concerned about at this stage but Accustem have just filed a SEC Report - NOTIFICATION OF LATE FILING. Reason given -
"The Company is unable to file its Annual Report on Form 10-Q for the fiscal year ended March 31, 2022 within the prescribed time period because additional time is required to finalize its financial statements to be filed as part of the Form 10-Q. The Company expects to file the Form 10-Q within the extension period of 5 calendar days."
https://sec.report/Document/0001493152-22-014008/
True. It feels like it has disappeared in Europe now though.
The BOD may have allocated their funds elsewhere now. The markets are uncertain and they may struggle to raise at a reasonable price so I think they are being fairly prudent rather than fighting on all fronts.