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I'm sure I mentioned it a while ago. Still time yet to get in sub 10p. I've only 180% so still a long way to go.
Well I've had to wipe it off my watch list... Can bear to look at it. Why didn't pete or astro tip us off eh?? I would have defo taken their advice and invested. Thanks a lot guys ;)
ENOUGH IS ENOUGH ALREADY! Typically I am happy to see people making wealth, but this has GONE TOO FAR! I have a mental log of all the times I thought about buying burning into my brain like a hot poker...
Well have a lovely time down- under and if they say anything about our cricketers ,,, well you just tell them to rack off from bakes :)
I hear ya crimbo... Investing in your goldfish sounds like a much better plan... Plenty of liquid assets just as long as he doesn't plan on too much dilution. Missed ya crimbo :)
Still in for a small amount. Sold most at a loss when the **** hit the fan. Im no longer angry about the money. Its now about the unfairness of a good little company going to the wall and everyone losing jobs because a bunch of numpties want to massage their egos and line their pockets. Even now, where is all the loot going if they've closed the site and sacked the staff? And for 3 more months? Can you smell the fish?
Had a feeling you were connected somehow.. Did you invest also, or just following events? P.s if you bump into anyone on the BOD can you ask them for my money back please..? Think I was miss sold a million or so shares... Where there's blame there's a claim and all that ;)
I’ll admit a vested interest here, in that I know some of the (ex-)staff at Evocutis quite well. So for the record and while we’re in the process of correcting misconceptions the LabSkin technology was developed by Bojar and Co. They used it in Leeds Skin Ltd. (http://www.linkedin.com/company/leeds-skin-centre-for-applied-research-ltd.?trk=company_name) and called it "Skin Equivalent Technology” before it was bought by Syntopix plc 3 years ago. So I know most of the development time and costs were expended by the Leeds Skin team. They’ve got the publications to prove it (http://www.evocutis.com/labskin/labskin-science/publications/). Ironically the link comes from the Evocutis website! So it’s misleading in the extreme for the Evocutis BOD to suggest they’ve wisely invested our £millions and 10 years time in developing LabSkin and they’ve simply been unlucky in not finding a buyer. The truth is they've tried to ride the coat tails of the technology, done nothing to contribute and got found out. Some might call it justice?
Miss Willy.....where are you, mate?
Something smells a bit fishy... Or is that the skip full of rotting Labskin :-)
Gret post. After talking to 100 companies, they didn't even get any offers, let alone someone willing to buy.
Astro... That's despicable but mildly amusing Mossy, yep alls good with me thanks hope you are well Grandorabs .. Very eloquently put.. Like it :)
Really good post, thanks. Hope all is good for you.
Someone needs to look after the baby when I'm at the party lol :)
Labskin is NOT verified as an alternative to animal testing as it's an expensive process... Then again , so was ripping off hundreds of investors
2 pence is all I have left astro, and I still wouldn't put it here. At least it was an update. on the upside, they still seem confident that they can derive some value from the Labskin tech, just how much remains to be seen and I'd urge new investors to take note of the constant high spread... It's been 40% or above since EVO hit the skids. Downsides... Only focus is now the sale of intellectual property... Pulling out of lease ensures no future production/sales of Labskin ( no revenue) My worry would be that after conversing with over 100 companies regarding the sale of Labskin and no buyer was found.. How likely is it that they will find a buyer for the tech?? Id imagine a lot of money was spent in the transition from science to production, now that would seem to be misspent. There have been many errors, and the focus of the business blurred at times to say the least. Who know, there may be value for those investing now, but for us old timers buying in at 2.70 and above, These errors ensured we would never turn a profit, maybe an honest update every now and then would have saved some of us a small fortune... Nice to hear some of you doing so well.. Astro pete mossy... May have to buy into coms just so I can go to your party, as we never got one here lol. And astro... Take the mrs you big meanie !!!
What utter nonsense. I’ve never read such an unmitigated pile of tripe passed off as RNS. It’s just a procession of excuses wrapped up in bunkum to cover their incompetent backsides. Just what IP are they talking about? So everyone is clear, LabSkin is NOT patented. "The board considers that the value within the Group vests in the LabSkin technology”. But doesn’t the real value vest with the know-how of the staff? Oh, I forgot, silly me - we’ve got no staff. So after talking to 100 companies (really?!) and finding no one interested in putting their toe in the water for as little as £0.5m, who on earth will be interested in licensing? The Directors are idiots and seem to think all the shareholders are equally challenged. Doesn’t “reduced loss” actually mean no staff and the business is shutting down? "Considerable effort” equates to total mismanagement of the sale over the last 12 months whilst allowing the business to go down the tubes. Shame on the BOD. You need to grow up and stop assuming all the shareholders are as dumb as you lot.
sounds like the last breath of EVO
Cash £0.5m ? + Tax Losses £1m ? + Reverse Takeover potential ??? + Sell off IPR which made revenues of £300,000
Not a single offer for the company after discussions with over 100 companies. Unbelievable.
They have lots of share already that are worth peanuts.
Will set cat among the pigeons. Do they have buy orders in ?
Think MF doesn't post here anymore.
Where are you? Would love to hear your thoughts on the RNS.
Some optimist has just parted with £1000, rather foolish I think.