Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I'm disappointed withTheoremRx....as they appear to have misled Suzy and taken us for mugs. At the very start Suzy let them off paying the pragreed £10k /month... Why?
That sum compounded would probably negated much of the need for one of our historical placings....that said, if they deliver tomorrow... I'll let them off the hook. If they don't deliver and if Suzy does not explain what has gone wrong....My view is Suzy and her BOD have knowingly misled us. God forbid, we don't get acceptable news tomorrow....surely, we have grounds for damages and the BOD members ust be liable via the FSA. If however the Laborarory has made enough profit to cover the shortfall.....then that's a different matter.....Eithway, we are surely due a explanation......tomorrow
Well, various Euda creditors are converting debt into shares;
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=318216888&type=HTML&symbol=EUDA&cdn=8bd69302aaac2e77331947ad647cf803&companyName=Euda+Health+Holdings+Limited&formType=6-K&formDescription=Report+of+foreign+private+issuer+pursuant+to+Rule+13a-16+or+15d-16+under+the+Securities+Exchange+Act+of+1934&dateFiled=2024-04-04
EUDA have also drawn down the second tranche of cash from Gilandi.
Something is happening behind the scenes, I hope. 🙄
Suzy is hiding something even the rest of the board members don’t know the situation with 201 I still believe she should have been sacked
201 has always been a big con...they told us all it was going to be massive, they even got a goverment grant on the back of it, we all fell for it and that was 10yrs ago. Im afraid all we have now worth anything is a lab. JMO
I think we've been royally stitched up.
. ..Year 23/24...Jf she meant financial year it should arrive tomorrow.... this is the longest of long stops and I expect ut to be honoured or an explanation if it hasn't
For what it’s worth, the end of today marks six months since the EUDA merger notification. Whilst highly unlikely, I’m still hopeful for an update at 9am NY time.
I like being disappointed…
In your dreams there will be no news from this lot for the foreseeable future
Just thought I would try calling Valirx office. No one answered and doesn't even go to answer machine. The whole outfit is a total joke. Unbelievable.
I think so.
Hopefully it is because they are expecting the merger to complete soon.
Have the new guys been appointed on the BOD yet or is it still pending?
Where's the quarterly update? This bl''dy company and CEO are a total joke.
Goverment and Valirx
How can so few con so many.
Mainly because we are all stupid enough to believe them. JMO
I was about to post the same. After all these years he is still here with no investment.
No shareholder is going to listen to what you have to say unless you invest first. You have been moving from one thing to another for around 3 years. Very strange indeed to waste time on something he regards as having no value.
Love how you refer to “we” I think you believe you are a shareholder, but you aren’t are you!
What is with the ‘we’? You really are a shifty, unscrupulous 🐖
I would suspect three months notice paid but could be more as she is CEO. As it stands she could hold on a lot longer, let’s face it she is hardly going to rush to find her own replacement
Meanwhile, why in God’s name Adrian withdrew the Requisition notice is beyond me, we could have at least offloaded both Kevin Cox and Martian Lampshire end of this month - as it stands it looks like we are stuck with them both.
Standard notice period salary. P45 in the post
At what cost though? CEO's generally do not go cheaply
Yes, I think RF are looking for new clients after nearly sinking Sareum! Dilly should be a walkover for them!
Yep, she was trying to be clever, blew up in her face and she's been ousted!
Did I miss something? Last I saw the Board change request had rejected as illegal.
Suzy wont sort anything out Porky and as well you know. She was given her marching orders.
So you want 10 evaluations at £100 k a pot then after BOD salary leaves you with zero money to pay for lab staff or to invest in CLX. If there is no lab then you need to pay to outsource the compounds which cost more.
Your finance calculations are as bad as it was when you invested in 4D.
Constantly changing BOD is not going to change the outcomes. The outcomes need to be achieved. Changes only slows things down but then again you are not invested.
Yes and if focus had been on cancer drug dev rather than a Poxy lab start up just to maintain salary and bonus benefits for the board as an ongoing lifestyle business I might agree with you. The handling of 201 a specific example of how bad the management has been.
A p poor director does not wake up the next day and suddenly become a good one. Sorry but until the board changes happen my view remains this is uninvestable. And the longer it takes the worse it will get.
The best out come here is to clear the deck, remove the deadwood have a new board with focus on what matters, reduce cash burn back to under £1.5m and have this in situ ready for H2. At that point the new BOD with that vision could raise and drive it forwards.
If that doesn’t happen and all the current BOD drainers remain this will either close completely as it won’t secure further shareholder capital to continue or Suzy will secure death spiral finance to extend it that bit longer and then it will close completely.