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So ciz is simultaneously
1 a lifestyle company scam that is ripping us all off
2 a hugely valuable company that some Americans plan to steal from us, also ripping us all off
Meanwhile neilin62 is apparently an insider again, despite only yesterday saying he wasn't - " I have repeatedly told you i am not an insider, so please don't make untrue statements when you do not know it as fact.", but Fastfood decides to repeat it anyway.
This board has taken a turn for the worse lately.
A reminder to all that if you have no faith in the company, its product or its future, nobody is forcing you to be here. Sell up and FTFO.
Exactly this. Well said Brondby.
đœđœđœđœ
Was about to post along the same lines. Not sure I totally understand the mindset. If I had a long list with those sorts of genuine concerns whirling around my head, I'd just reduce my holding accordingly and be done with it. Prevent further losses and chalk it up to experience. Some of these posters have been berating the Co for years, when the SP has been higher.... And yet they are still (apparently) holding fast? Uhhh?
Wierd.
#spreadex IMO.
ATB LB
Yes i did become very vocal around the RTO - because YOU, me, and many other holders from Photonstar days were on the verge of losing all our investment when it went tits up, but unlike you, i decided to do something about it and challenged the BOD of what became Bould Opportunities. I did not convince anyone to pass the motion. If they voted, for, that was their decision, but i stand by the message that if we hadn't RTO'd, then we had definitely all lost our money.
'Not a single bit of anger towards the BOD'
Why would i be angry at the BOD? They didn't shaft us. The BOD of Photonstar did that.
"Does seem strange that his research is very well put together"
DUH!!!
Yes, because i do my fecking homework!
China - I repeat, i believe China can't happen without the validated Mabs/reagents.
'Trying to keep order among the ranks'
Ha Ha, I'm flattered that you actually believe i have such influence.
Neil
If somebody makes a serious accusation about an individual being an insider trader they should make sure they have the facts to back it up. If not apologies.or if not expect a letter. Havenât seen the source but a process of elimination suggests itâs an account Iâve filtered. Neil, please do continue to share your research which I have found extremely informative. And do consider contacting Admin to report any serious accusations
Yep, well said Morpheous, Brondby , Neil etc - good to have some sense returning to the chat. It's tiring wading thru the stream of negative bickering that's often being pasted recently... yes, good to have critical questions being raised or some negative views but not this stuff. Hopefully they move on elsewhere. From everything I've read coming out from the Company it seems to me that everything is proceeding extremely well, not just with the laboratory/hospital lung cancer tests but also with getting onto trying to develop point of care tests and widening the application of Ciz1b to other applications. Yes, some of that is reading between the lines but I've put a wad of cash where my mouth is and am happy with the risk. I don't care if it takes another few months or a year to get there, with scant communications from the BOD, because everything I read screams at me that this is a great investment for a great product - good for humanity and will - as a by-product - also reward patient investors. If I'm wrong I'll pay the penalty without grumbling, even though I've limited resources, but even afterwards I'll still have a truck load of respect for what Dawn and her team are doing, and for how AS has been trying to get the test to market. Please can the posters who are churning out their streams of negativity go invest elsewhere.
Neilin P10 7.4.22 We are now 2 years on and No NHS Contract deal yet. Also / you cannot be happy that we are 1.7p when youâve bought in the 4p and 3p bracket re comms that have contributed to this slide ? ie : Nothing is ever concrete - We havenât even started Clinical Trials. China / No China. NHS No commentary. MOU is a MOU and I do not think it will complete and nor does the Market consider it concrete. Yes you have to go through the process and we find out in 120 days. Hope it completes but very sceptical as itâs major News and Market doesnât entertain it at 1.7p.
â Also with NHS, i expect this to be a lot sooner than 2 years.
NHS is currently up **** creek regarding the number of patients waiting for diagnosis/treatment etc, (in the region of 6.5 million appointments i believe) so you can be sure that they will be looking at any option that will have an effect on those waiting times. Particularly as is the case with CIZ..â
Fast, regarding the NHS what do you expect to happen with a product that hasnt been verified by clinical trials yet, sign an MoU? I'm going out on a whim here but I don't think that will impress you... AS has constantly stated the fastest way to get to market is through the US, once that is done I am sure other regions would quickly follow
Well Daddy / What I am saying is that in 2022 Neilin stated NHS would want in inside a 2 year Timeline. That Timeline is up now and yes as you state / Clinical Trials have not even begun. So I am in agreement with you - what are the NHS supposed to do with Ciz ? More importantly / what have Ciz been doing last 2 years ? And why do we have to go to across the pond to get into Market - Supposedly..
A lot of reasonable Questions raised. That really should be answered by now. The Board have never communicated a Timeline re route to Market have they ? Esp considering they and knowledgeable Posters on here say the Test is Robust ?
My Point exactly being that if the Test was Robust / then Clinical Trials would have been Agreed with NHS - Given that Neilin stated April 7th 2022 that âNHS up xxxx Creekâ.
very clever ff, did you take ânhs up xxxx creekâ as a standalone statement that there are many interpretations to people can think, or was there further context to that statement which would make it more understandable but you conveniently left out? what did you want us to mould into our thinking?
i am totally amazed why some people even get into investing or is it a trade that snowballed out of control? and now it gives them the right to **** off the company at every opportunity to find a scapegoat? the price of the share is influenced by many external issues and those issues depending on your approach can drum up an opportunity at these prices or regrets. depends how you control your emotions and how you are approaching this.
i was there at the agm the day psl became bou, and met john treacey, depasquale, and co, and voted against any further placings for psl which then created the shell. i was confident that day and still am that they will deliver.
i am glad that the communication between board and âinvestorsâ (really the snowballed out of control traders) is kept to a minimum as from what i read from some these posters it would better for all.
âas has constantly stated the fastest way to get to market is through the us, once that is done i am sure other regions would quickly followâ absolutely bang on daddylonglegs.
CountCards I think youâre reading too much into it. To confirm my POV with NHS is that Neilin I believe was basically saying well inside 2 years for our Test to engage with NHS and that cos they up the creek re demand for Cancer Appointment waiting List / He stated 6.5 million backlog / Then basically saying NHS would be more than willing to take up our product. But thatâs not happened has it ?
I guess what would help is if the Company could communicate what exactly has been done last 2 years and milestones achieved / and a Timeline goal re the next 12 months re where they hope Ciz will be.
Then we can judge them on that. SP 1.65p tells us this is what the Market is demanding.
And yes AS has stated US quickest route to Market. I guess my frustration lay with fact that we are here in UK and donât remove the barriers if indeed the product is Robust and will change lives.
120 days to go. Tick Tock. Iâll judge AS then. Right thing to do.
Fastfood,
I have no desire to turn this bb into a slanging match, so i will respond to your post, and hope we can draw a line under it and get back to genuine posting for the benefit of all.
Your comment was disingenuous to say the least.
I did NOT say that the NHS would want it inside a 2 year timeline. I very clearly said i EXPECT this to be a lot sooner than 2 years. I have the same control over times frame as you. - NONE.
Yes, i did expect it to be sooner, as i think most would freely admit they did, but given we may have been behind schedule, and i think i remember in a publication some mention of the pandemic having an effect, then this would reasonably be a factor, but not an excuse.
With regard to NHS, this is a class IIb IVD device.
It requires registration with MHRA. This can only take place AFTER it has been certified by a UK certified body (UKCA now, following Brexit)
It cannot be certified yet, as it has not been validated as a test kit. Hence there is nothing for the NHS to be able to use.
That is exactly the reason that it being developed via Corepath in USA. They are a CLIA accredited laboratory that can do all the validation, and provide all the regulatory requirements under an LDT.
An LDT is the quickest route to get our test commercialised.
That is EXACTLY the process that the Galleri test has gone through.
The above is also why China can't be progressed to commercialisation yet. The reagents/Mabs are the ones CIZ will provide to the China partners when they have been validated.
Neil
Whatâs happened to all the share price projections of over ÂŁ1 ?
Gone rather quiet now.
Out of interest, how many such projections did you log and who posted them? My memory is not what it was
NHS
AS has chosen the US market to launch the test due to the much narrower timescales in achieving a market ready test via. a LDT accreditation.
Once achieved he is in a much stronger position to approach a partner of the likes of Siemens or Abbott in the task of attaining UKCA accreditation. This would likely involve licensing our tech to enable one of these types of Companies to run the required clinical trials on their proprietary platforms. Such trials are much more defined, time consuming and costly than a LDT. As such, the NHS, whilst an obvious goal, remains secondary to the US trial.
Remember, weâre running with a licensing model here.
IMHO
VV
There were talks of 20p, ÂŁ1 and over ÂŁ1.
Price would jump multiples
The price would be helped by preventing the market from needing to make assumptions on progress.
The last six months lead to this with the RNS "engaging clinical design" to only lead to what we now know.
Whilst it may very well be the case that we know how things will be structured, a lot was expecting significant news to due to the length of time that we waited.
Let's hope that "finalising binding agreement" doesn't necessarily take the full 6 months.
This again an assumption that BIO have paid. We simply don't know. Again.
Probably wonât see much more increase in the SP until clinical tests are underway. Itâs a long wait by the look of things hence why many have sold up and moved on.
Finalising binding Agreement Timeline is 120 days which is just shy of 4 Month / Not 6. However if you include the 30 day non refundable $100k / then the whole package has a 5 Month Timeline.
The Date for our Diaries is NO LATER than THU 29th AUG for Exclusivity Period to run out / However Exclusivity Period could run out days before that as 29th AUG assumes $100k was paid right at the end of those initial 30 days.
Forgive me / but if the deal completes as per TUE 2nd April then the $100k $300k and $1m every 15th Month sort of covers our current cash burn ?? A bit left over but thereabouts ?
This stock will be worth peanuts by that time at this rate!
In my unfortunate perpetual bad experiences of MOUâs ever materialising into something Real / and as per what was originally set out / Then I have to say that this one has a relatively short Timeline being 120 days. 4 Months as opposed to 6 Month is welcome. Also / re the HNWI / I think 3 to 4 Months is Minimum Timeline they may need to get their Finance into place as we are pre Clinical Trials. If we were Post Clinical Trials then we would be in a different place for better or worse.
I found it strange how Allan played his hand re disclosing Terms of the MOU re payments as the HNWI have the stronger hand as itâs pre Clinical Trials and we donât have the Finance. So who are we to dictate the Terms ? There must have been Agreement re the Framework and all parties happy to disclose before RNS released. But so long as Allan is Non Negotiable on those MINIMUM payments and the Contract Completes / then Iâd be highly satisfied.
Regarding the MOU - the cards are all with BIO.
Without the contract, Ciz has nothing in America (that doesn't involve massive investment/ dilution). It has no access to hospitals or the health network.
Without America, it doesn't have China (which previously stated, I am fairly sure is a write off anyway), and without America, there is no clear path to development in UK /Europe.
America holds all the cards here, and this period of negotiation - I'm half expecting Ciz to concede further ground.
But the overall picture is one of muddiness and murk for shareholders.
I don't think I've come across a company that's been so secretive; Ciz want to control the agenda and news to an almost Statist level, leaving shareholders to fumble around in the dark.
Why??
Why do they care if it's traded? Why do they care if this share price spikes up?
Ultimately if it works and gets to Market that won't matter, and at least it would give shareholders something to get their teeth into and understand - maybe even to trade! That's what we're in! A MARKET.
But it seems as far as
But it seems as far as Ciz is concerned, we will only be given crumbs of info when they like
Even the recent French MABS news release was simply re-tweeted .
As we've seen with this non-disclosure of 100kreceipt , Ciz is a secretive firm, unfriendly to shareholders.
I reckon when this one 120 day negotiation period is over, we won't hear a thing.
They'll leave the shareholders to guess and fumble around in the dark, asking questions, wondering if it's an investable company. From past experience I doubt they will inform about scaling up progress or start of clinical trials.
Very very difficult to understand an investment with no data updates.
I'd say it's not an investment, it's just a guess on a hunch.
Still in with my fifth, but it hasn't got a great feel about it.
Agree with a lot of that Tect esp re N America to Europe to China. I think Allan must have already conceded some Ground re having to include Canada in the MOU as having thought about it / surely we would prefer Trials in Proof of concept in USA so that we could Sell directly to Canada without concession ?
I may be reading too much into this but do we think that Alan Miller declaration of Shareholding was a Warning sign to the BOD / in that he may Sell up if things donât go to his liking ? Heâs obvs one of these people who are better informed than us PIâs and didnât entirely support latest in house Share raise..
There was no legal reason for him to declare ?