The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Look up INSP and then your understand this company.
Anyone know what the theft was part of?Was it part of one of the cancelled orders (?) cuz the amount stated is quite alot of money for the company right now still.
They just did that kinda odd, crowdfunding loan fo upto 500 grand, but 225 got away so far, secured against the 'floating' assets of the company too fairly recently with the high yield and the warrants.
Informer
"They don't take your falling in value wide-screen TV anymore"
-> Good point, and it does feel a little... questionable... from that perspective!
Very similar story here. Got in a while back, and got out when the share price got near my entry point.
Could have been worse, but I still check in every now and then to see where things are.
I don't rate the company, but if it falls under 2p, I might get back in again just on the upside from chances of anything at all emerging from this.
I don't know about you guys but usually thieves take things of value otherwise it's not worth the effort. They steal bitcoin jewelry, hack. They don't take your falling in value wide-screen TV anymore
And what an interesting point of valuation for someone from the insurer's who will need to scrutinise the true worth of the goods stolen!
@Bananaman2 your post mirrors pretty much exactly my story too...
I usually don't slate companies because I figure if you can't say anything nice, just don't say anything, but in this case I really think this company is a total joke. I honestly wouldn't be surprised if this was some kind of insurance scam to try and claw back some losses...
I do also hope things improve for holders, but at this point I really don't see how thats likely to happen.
Well if that’s the case Feeks then getting paid the likely insurance claim monies for this theft should be seen as a positive outcome for VDTK here versus having unsold stock sitting on their shelf as you are intimating….
I exited here some time ago after constant disappointment. I check back from time to time always with the view that I am looking for a re-entry when it starts to look better. This RNS today just about sums it up.
Haven't sold much over the last year, have produced some stock and had it stolen.
I do hope things turn around for VDTK.
Thieves taking product that you just couldn't give away.....