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Can’t disagree. I wish this guy had more exposure. Would help save some of the small guys. I’ve had bad experience with HNR. See they have now moved from Oil exploration to Cannabis Oils. You couldn’t make it up!!
Thoth, good reasoned comments there. Looking at some ancient CRT RNS announcements, it seems milestone payments are triggered by the outlicensing or commercialisation of 201, not so much milestone trial payments.
Certain posters have suggested 50% of any lump sum involved in the partnership, plus royalties from the sales.
Ib60.....spot on my friend. Just bringing you up to speed, I'm meeting Valju in a couple of hours time. We are putting together a significant amount of data, as clearly the BOD are not taking us seriously...and agreed, not all the BOD appear road blocks to investor interests, only a couple who appear to have detailed themselves through ego trips and selfishness... hopefully long overdue change next week or confirmation they have already dealt us the death blow .. hopefully the former.. .but we will surely find out soon . Bugger just seen M4 closed for a few junctions....oh well I'm sure I'll get there some how. Best regards. Fred
Lb60- overall I would agree with the sentiments expressed by you, ValJu and others regarding the BOD treatment of shareholders. I’ve only recently been in touch with them but my several responses to date have not reflected well on their interpretation of investor relations. The responses are all too brief somewhat techy and badly constructed in terms of the language, punctuation and even grammar.
It might be simple but if you get a badly worded somewhat incoherent response- your bound to be somewhat alarmed.
I detect an element of bitterness among some members of the board about this turn of events. I hope they are not bitter to the point of self destruction for both themselves and shareholders.
Anyway let’s hope that sense prevails from the messages and resolution sent in by the Action Group and that the Company responds positively, effectively and most importantly a timely fashion.
Hi Freddie I think probably because they realised they have lost the vote that is why they didn't bother to show up.as for SUT she could have phone the chairman and informed him if she was genuinely intended to come. I feel sorry for the chairman and the rest of them it must be embarrassing setting there and not having a clue. When I said to the chairman I want to discuss the science he said sorry we can't do that because there is no scientist among us!!! we are at a GM of a bio company and and we can't talk about the science!?what are we supposed to discuss? whether Arsenal is going to win the champion league.
I have every sympathy and commend your actions. Something i have always found odd on val (as a 30 year veteran of bio investing). The val updates on progress and next steps i didnt have a clue after seeing them what was happening. I feel a missing piece is exactly what the various licence and sublicence terms are. Without seeing them (you would get good disclosure on nasdaq for example).
1. Do rights revert to icr ? Probably but we dont know.
2. Have they been stringing out trial progression to avoid triggering a milestone payment. Dont know lack of disclosure.
3. In the backpocket there are the advisors and auditors who have insurance. Related party transactions ? To be looked at i suspect.
But they have always been unclear about trial progress. Timelines. And next steps to me. Which suggests obfuscation and stretching it out. My best wishes for recovering some value. I lost a **** load in sr pharma 30 years ago. Sacked all the staff. Reverse takeover for alisting. Now silence therapeutics. Broke evenish now after nearly 30 years. Best wishes
Hi ib60...was good to meet you on Monday....guessing your as fed up as all of here. Do you agree that there was no reason why either George or Satu couldn't have turned up or at least provided an explanation at the time. Anyway hopefully, through Valjus good efforts we will help them focus ..will keep in touch..best wishes.
Fred
Hi Freddie. I just emailed you.
Hi ib60....I'm.sorry I cannot put your name to you whom, I met on Monday.
Were you opposite me and furthest from the chairman or closer, if closer we also met last year. Any way please contact me as it would be good to chat...name, avatar, Tel no and email...also the gentleman next to you.
Would be good to exchange some info.
Yes...this Valirx outfit needs taming and understanding that we are more than just gamblers. .
Surely if it’s true then you can write or post them wherever you want to ?
Ib60, why can’t they be written on this board ?
ditto ib60.
Agreed Shirley...but it's never too late until it's too late.
I'm going back to ground now as not concentrating on my Grandkids who I don't see that often as we live 270 miles apart.
Hi Freddie if you remember on Monday at the meeting I was furious and I asked them why ST and G not here and they said they are on there way fifteen minutes later and I asked again they went outside made a phone call and come back and said ST On her way another fifteen minutes or so and they just gave up and said to me she is not coming.it looks as if they are kept in the dark as well.. anyway the knowledge we gain on that day made it very clear things have to gange and quickly.there are things we come out with from that meeting can't be written on the board but I want everyone in the action group and those willing to join to trust Freddie because if we succeed the out come which is well planned will be great.
So where are we now? The 12 and then the 1 O’clock deadlines have passed. Is it yet another waiting game? Shares are almost worthless. They no doubt will be living the life on the remnants of the company this weekend. What’s next?
Hi fred this should have happened 2 years back,but we are where we are and make no bones about it those two will need to be forced out neither of them has got any honour
That we are in full agreement on that one Roses....but not before the sp recovers and some level of market confidence returning....As far as I'm concerned that means three bod members placed in a position where they can do no more harm.
Chair/CEO...actions controlled and the
COO...out through the door.
Then we may have some credibility restored....along with the SP then dilution....in that order.
Freddie
I’ve said this to Valju a leopard never changes his/her spots.
They delight in looking down on us as free money merchants.
Never ever take what any of those two say as to be the truth.
Well done.
Freddy, a consolidation will have to happen no matter what the outcome unless the 201 report is released in the next few days and lifts the shareprice.
Iwould be happy to vote for it as long as there is some changes at the top !
....the both of them appear to be taking delight in dragging Valirx down and all of us all in the process. The sooner they are placed in a position where they cannot do any more harm to us the better.
As far as I'm concerned ....it's George out. No golden handshake no deal but out through the door. If then Satu really wants to bring her work to fruition...as measured by the share price... without 1/125 dilution @ this disgraceful sp...she must be made accountable to someone of integrity....someone trusted by both the market and the shareholders... Enough's enough....before it's too late for us all.