London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
He bacame very vocal right around the time we were voting through the RTO. He did a good job of convincing people to pass the motion for the RTO . I started having doubts on how calm he was even after we was consolidated as much we did, many invests was well over 80% down but yet not single bit of anger towards the bod. They promised significant share rise within one year and nothing.
Does seem strange that his research is very well put together but almost too well put together. Let’s face it is the same bs just slightly worded differently every time. October he predicted a significant change to the sp , then it went to March / april. China news was apparently within one year and that’s never been mentioned again. He then played down the latest news even thou he acted like it caught him by surprise.
Seems like an insider to me trying to keep order amongst the ranks diverting us from the lack of news , lack of development and lack anything really. 1.70 says it all
Considering 11 p was the opening RTO price
And isn’t it weird how the NHS not interested ?
Widglide. This Neilin is an insider isn’t he ? Substantial Investor ? If my suspicions and obvs your suspicions are right and this is all a con / then we won’t hear from Neilin again ? I was reading his promises from 2021 page 14 yesterday. Jam tmoro.
The thing is Techtonic. I am absolutely certain that this MOU does not complete. I’ll consider it a miracle if it does / Because that’s what the Market is telling me 1.7p.
I suspect the $100k as Neilin now alludes that we have already received / and probably have / could give rise to SP during the 120 days allowing higher exit price more than being able to cover itself for the HNWI.
AS alluded to fact that we cannot fund development to End game / so he has covered his back if failure occurs / starting with MOU.
It’s hard to Trust when Comms are PP and it seems on purpose. ie : Why not Notify SH that Negotiations are now Active ? I Do Not Trust MOU’s. Seen it all before.
Hoping you're both wrong Wid and Tech, but there is a slightly fishy smell coming through right about now...
At last someone that is starting to see what is CIZ is all about.
Lets face it low salary’s mean nothing. These guys aren’t exactly poor and probably have side line ventures / took half their pension to keep going through this period and the salary is just a top up.
These guys are working part time and doing enough work to distract the investors whilst all the time knowing it’s not going to be in favour of the share holder ( hence a lifestyle company ) and like tech said delist and get private funding. From the very off set they shafted the LTH , failed promises , no return in over two years , so trust me it’s not going to end well. Bigger games are being played here and they are staring to run out of excuses so now it’s the silence game and creating more questions than answers. Just look at yesterday’s 46 messages of BS no one knows anything.
Fastfood, re companies delisting generally.
See Redx , MEN , recent ones.
RNS to delist - share price plunges, directors /CEO etc buy shed loads at lower prices - Disgraceful
These are then transferred into nascent US company valued much higher - instant huge profits.
Of the shareholders can also transfer their shares across too.
For such a fledgling company as CiZ, I think it's a little early for this, but I can certainly see it happening because of the power brokering of The Americans.
There is Merit in Techtonics theory re de listing potential / plan.
However / On the flip side / Miller and Lang significant shareholders for a long time and participated to maintain their Shareholding %.
Lifestyle Company ? They all on low Salary and I thought about this the other week re AS. We are lucky to have him imo. Low Salary / Has developed relationships and every time we have raised cash / Company does seem to raise minimal. Things cost money and our costs super low.
Smoke screen ? If it is then re Bill and Bio and Protogenix is one hell of a concoction.
Low SP does concern me greatly and AS lack of concern over this and given the fact that the Market paying no attention whatsoever to this MOU. And I mean None !!
Widglide,
I don't take exception to what you say, because, you've been stung - and so far, have been correct in some ways.
I invite you to state what you think is going on in the background and why it is a lifestyle company when salaries are minimal?
However I shall make a comment that I would like other people's views on - and this may tally with your hunch, Widglide.
There have been several companies delisting off AIM/LSE recently (biotechs) and stuffing shareholders.
They've then gone /going across to the States, where they are valued higher and fundraising is easier.
My niggling suspicion with this is that the Bill Behnke consortium and Ciz will go for private finance/ delist and make them all rather rich.
I'm not saying this will happen, but this is my suspicion to the negative, and with the secrecy of Ciz , it doesn't assuage my fears much.
One of the things I do agree with OAPk on (and Widglide) is that Ciz treat us PIs like pondlife. Useful fools maybe , in the bigger picture?
Of course they , they’ve been like this since day one. Even on their 1st ever live meeting they turned off the questions so that they didn’t have to answer them. There’s nothing to report as nothing will happen. It’s all one big smoke screen and eventually it will become clear. It’s a lifestyle company end. There’s something in the back happening for the BOD but not for us the share holders ., wonder what Neilin is going to say next inregards to time frames considering Octobers sp prediction and March/ aprils predictions haven’t exactly happened.
Well, that's what Allenby capital told me yesterday, FF.
That if the money doesn't drop the company should RNS that.
I do not like how this company operates with Comms. They are far too secretive and misleading with wording.
You only have to go back to the " engage in clinical trials " RNS
V poor towards shareholders
Joe is right. Unless AS Notifies the Market that Ciz have not received the $100k then AS is now telling Porkies according to the RNS 2.4.24. Also / I believe Neilin was trying to tell us that as such in so many words in that AS did not have to immediately notify market if received.
Like playing Tennis. Over to you now AS.
Clever. This is what this bb is all about. But I still maintain it is material news. Interesting.
“BIO is paying a non-refundable upfront fee of US$100,000 within 30 days of signing the MoU for a 120-day exclusivity period to complete the formal legally binding agreement.”
The lack of RNS should mean the 120-day exclusivity period has started unless AS is tellling porkies and misleading the market again.
@VincentVega - yes fair enough I have just reread the RNS. It seems that only if the $100k payment is recieved the 120 days of exclusivity starts. I had remembered it incorrectly and thought it was $100K within 30 days of signing the MOU.
Just think if we get a free carry into North American Market and the Test is a success ? Estimated Target population there is 400m ? World Poverty may Exclude up to half the World population / leaves some 4 billion people left. 50/100m people per year as Fastfood’s conservative estimate if screening Globally at 40 ?
@Daddylongleg
So far we have an agreement to negotiate a legally binding contract. To that end, it’s merely an agreement to talk. A financial payment demonstrates the intent of the other party to treat this seriously, and therefore they are paying for the benefit of exclusivity. This payment then, in my opinion becomes material and should be announced.
Others may have a different view, but as a shareholder, I want to know that I’m invested in something tangible.
Ps Fastfood. Totally agree with your posy about price sensitivity.
Jace, the company have got to get into the mindset of being more open with prompt RNS', but unfortunately, using this as an example, it seems they are going to continue in the same vein.
Daddylonglegs - they had to issue an RNS recently on share capital. They should have done this immediately after the placing shares hit the market.
Neil, don't worry ..
I don't fall out long term over anything really.. I like hearing different opinions.
And I like it that you've come back with a bit of fire in your belly! Good to see your long posts again.
RNS regarding cash - I really do think that long-term shareholders (I would class myself as being medium term now) deserve regular updates.
I think, if anything, this last 2 months debacle of communications has proven that news blackouts and questionable company statements lead to all sorts of speculation.
It's not good for informed investing.
Nobody’s falling out on here. Period. It doesn’t help the cause. Everybody is Valued.
Techtonic
Sorry, you posted while i was still typing!
I can't see how you disagree with me regarding the RNS'ing of the $100k .
I didn't make a statement either way, I just pointed out that we both had different opinion as to whether it was, or was nit material.
Anyway, lets not fall out, we all in this for the same reason.
Neil
Science, engineering, scalability, methodology, productivity..
However you want to term it I'm happy to do that. Same end, it has to work at scale .
C’mon Neilin. You would think that after a 40% drop in SP that the Company would confirm (Even by Directors Talk or LinkedIn ? or alike ) that the Company was in Active Negotiations re an Agreement with X. The $100k is the Trigger for that. So forget the $100k / Its the fact that that very $100k would automatically put us into a Price Sensitive period and therefore boost the SP.
It’s like a small Oil minnow getting the permit to Drill for Oil and all funding potentially in place.
Neil I value your input and hopefully have a pint with you in Covent Garden if we achieve success here.
PS
The science HAS been proven.
We have already conducted many clinical trials on the prototype test.
We are now scaling up to commercial quantities that need to be validated against those previous trials, to confirm the scalability when used in a high throughput platform.
Neil
Agree with Neil, it goes back to the ridiculous discussion on whether the shares had been issued or not .. It is a material event if something changes and it turns out CIZ did not recieve the money in the 30 day period.