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ValJu- as fellow shareholders- any chance we get to hear the gist of the info we are looking for. Setting deadlines- is this wise?
I realise we have to set some target dates and times but we need to be seen as courteous even if some feel we weren’t treated similarly in the past.
Cheers Valju
Stubborn up until the end i see.
Many thanks Valju....I do hope you didn't use the word transparency in you communications with the Valirx BOD because I doubt they would understand its meaning. Best wishes. Fred
Transparency...
Upon receiving a very basic email response a little before 12 noon
It was agreed that the deadline be extended by 1 hour until 13.00pm
To allow more time, for them to confirm to us some basic information which in my opinion should have been included and also confirmation, of some straight forward points, that the first response, failed to address?
At present, this has not been offered...
I hope to post a further update just after 13.00
Thank you
any news on the 1200 deadline thing?
do we get them to walk the plank...…:-)
13.38 yesterday.... says it all... and I do wonder about your level of understanding also?
not going to continue to bicker with you, as have more important things to attend to at present
good luck with your strategy...
valju - yes I do! not that it's any of your business frankly.
I have NO interest in protecting anyone. my investment in val was a big mistake and (on paper) a big loss.
don't know how the hell you think I support the bod, they have destroyed my investment!
if that's the level of your understanding from reading my posts no wonder you haven't posted your 'suggestions' on this bb!
Cheers Keep
I’ve been lucky enough to spread my hard earned over many different platforms but still hate being ripped off, I’m fine with losing money if it’s my own fault re not doing enough DD and they only way I stand a chance to recover here’s to change the norm of rinse and repeat. GL.
So, DO you have Val shares ?
You never answered the question ?
Furthermore, how do you envisage protecting LTH's by keeping the two most expensive Directors ? Are you prepared to stump up to fund them with no "suggestions" implemented?
rightback, fair enough. good for you.
I too am normally a glass half full guy, just not with val after all these years of seeing my investment become worthless (for the benefit of valju, that means I hold shares)
valju, NO. try reading what I wrote.
I have NOT bought OR sold val in years.
I did NOT say I don't have any val shares!
Keep... I’ve always been a glass half full type of person and no I’ve not bought at three low levels.
Sorry let me get this correct, you dont have any VAl shares, and have not bought and sold any for years... you just want to help LTH's out?
What do you think, RB myself, Fred, and many others are ?
previous post aimed at rightback NOT valju
is your view perhaps coloured by a recent trade?
I notice you became noticeably more positive very recently!
and to clear up any assumptions you might have, I have not bought or sold val in years. my only agenda would be a return for long term shasre holders, but I'm not holding my breath on that one.
K2Tfacts
What Val needs its research trials reports and patents, funding....
What it does not need, is top heavy BoD salary and bonuses, stopping the above happening!
What it also needs is sentiment from all those PI's that have invested on the words of the BoD?
The only ones who can give us this? Are the BoD?
Do you get my drift?
let's not forget that even with changes in the bod, what val needs is very serious funding, and immediately.
I have a feeling that if in the unlikely event that happened, the following would occur?
1: Would CRUK associate its name to a new Co, with previous know persons, that took the last Co, into the ground, and cleaned the last lot of investors out, whilst continuously paying themselves generously (imo)
2: Would not some more Savy Pi's also bid for said IP and work with others to get the compounds to commercial status?
3: Would not other directors or management of the current Co, disagree and perhaps bid against each other!
There is far more to this than just the punch and judy show !
Suggestions have been put forward, replies are still awaited, indeed alternative suggestions, other than the we want more and to do as we please, previous resolutions that got a resounding NO...
Perhaps also some clarification as to where each compound ACTUALLY is, baring in mind all the statements and rns's made to date?
We want and invite a response and further discussion as to what is best for the Co, the shareholders and the BoD and not forgetting the millions of potential patients that might benefit also... Not just more smoke mirrors and promises that do not materialise or perhaps I should say crystallise !!!!
We should know what direction we’re going in today, not a chance we’re going under imho.
Indeed, but we shouldn’t assume yet that val is dead. All we need is some changes and honesty from the top which would go a long way to restoring trust ?
I suspect the bod could make a good case to cruk that they were the best placed (from a science perspective) to 'complete' the trials. after all they have presumably made that case before. don't under estimate how incestuous specialist academic fields are!
'heh cruk we were doing a great job getting results until the pesky shareholders refused to fund us. they don't understand this field like we and you do'
get my drift?
That decision would be down to CRUK, they have a duty to not only keep trials going but also to get a return on their investment. They could choose to do whatever they wanted, but it would be sensible to assume they would choose the party that offered the best potential returns and results.
Thanks for the help in understanding more Roses. Appreciated. I guess for their own self preservation of lifestyle they will want it to work but then also they could just walk away and start over. But as you say interesting few weeks ahead.
with all due respect I think you might be missing the point.
let's say val folds.
Ips revert to owners.
what's to stop the bod picking up the ips from the owners under a new company?
not saying they would, but it would remove the history of fundraisings, create a clean slate with a lot of the early work done and paid for by val share holders.
indeed, it would make sense for the bod and the ip owners who presumably want them to succeed.
Don't worry, if anything I think that is good news as opposed to negative. It puts to bed the theory or threat that GM can just walk off and take the IP. It looks like he can't so there is much more incentive for the BOD to make changes and make it work ?
either way it's going to be a very interesting couple of weeks. and am actually thinking of topping up now ?