The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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BB you are 100 % correct Trevor Brown is a coward.
Where will the AGM be held no doubt jersey
Like you wish I’d never got involved with this bunch of thieves , disgraceful running of a company at our expense
It still rules me he moaned about share price while selling down and to rns it too
I will fire another email into fca just for my piece of mind
500k is a big sell
Not many buys since yesterday morning
Thanks
Gee,
Yes - for the LTHs ... we now have to "wait & see"... and try to ignore the turpitude that we are suffering ...
What riles me the most is that the BoD is unwilling to engage with PIs in any way and leave it to the scientists in the USA or even the broker to answer questions. Cowardice or useless? You choose.
Yes - tomorrow we may get positive PRD news and the SP will shoot up 100% -- then what will happen - TB/FAB will sell stock and profit ... then fundraise ... and buy in again.
The accounts (May?) should be interesting.
For the first time in "my" Flying Brands/IQAI journey, I am wishing I had never got involved ...
-- BB --
CL
Totally agree with the AGM question.
Thanks
Even he wouldn't be so stupid as to disenfranchise the medics driving the company forward, or unfortunately in our case, backwards due to off field shenanigans.
I just hope positive information isn't being withheld to suit the end game.
Would be nice at the AGM to be able to table a question around shareholder value or lack of it
Bertie, don’t necessarily disagree but it’s there ball so to speak and they could go and play elsewhere if Trevor does not behave, he has just given MS 8million options at 1.9p so share price has to go up for them to make any decent money, either listed or private, Trevor is Trevor, you either deal with his behaviour mentally and stay in our sell and move on, it’s that binary now, give it 2 months and hopefully we are all smiling!
Gee,
If he has no regard whatsoever for PIs, what regard do you really think he has for MS/Cs etc?
To him, we are ALL pawns is his game of financial chess - expendable.
I feel for MS & CS as they have to field questions from PIs because the BoD refuses to. It's almost danger money!
-- BB --
Jimzi, if they do go private, I really don’t think they will, you can still keep the shares, you don’t have to sell, I just don’t think it will be as tax efficient if private, that’s all, I am still in until PRD news at least, that’s say 6-8 weeks away I think, they could be getting all there duck in a row for that and increase in share price but what’s happened in 2024 re share price collapse for no reason, placing and options leaves a very sour taste in one’s mouth! Think out Trevor has a lot of making up to do and hopefully this will succeed, don’t forget MS/ CS have about 20million in shares and options, so plenty of skin in the game!
With this latest salvo, the shareholder base will not increase and existing holders are wondering what next. Which is what the BOD [now] want - they don't need PIs for funds therefore being listed is of no benefit. See where this is going? And any ultimate buyer would prefer to deal with a private company.
Volume today speaks volumes. Without any form of oversight, I fear this good company has become uninvestable.
I had thought wily old TB had missed a trick by having no warrants at say 2p. But he's done better - set a 1p figure in peep's minds, given himself free what he would have got if he participated in the placing - ]that went to safe hands] and the only other peeps that matter - the BOD, have now been bought and are now part of the plan.
300k is not enough to prevent another raise - £1m at 1p and he has control as and when he needs it.
Silly question
But do we as shareholders ever get the chance to vote on all these changes? Can we raise a question at the AGM especially after TB’s comment of the company being undervalued?
Thanks
There is only 240 million shares in the company as and when and if they take up all the options I believe
Yes - he wrote that to me ...
SO - when there is a spike in December this year, sell up ... and rebuy in January where there is a placing, sell-off and reward!
Play them at their own game!!
Simple!
-- BB --
SADLY, this is what we say every year and every year we are shafted by TB & Family.
-- BB --
Am I missing something here. If they are taking a quarter now surely it would have been far more beneficial to take part in the placing and save 0.004
Gee
I reckon they can acquire just short of another 4 million shares if my maths/logic is correct. So maybe not all done yet. 190m shares suddenly gone up to 240m shares in circulation. The only thing that remains constant is the Brown family percentage.
Didn’t TB say in a reply to somebody, apologies I can’t remember whom, wait 2 years for him to be judged. The only positive is FG or him to make money we also will make money albeit 20% less than we would have prior to all the shenanigans. Assuming he doesn’t take this private.
Trek we still have chance of the moonshot but unfortunately only a few people will now be in the lander.
Thanks
Trevor has given himself just enough options to keep him and FAB under 30% threshold by the looks of it, with TB/FAB fully loaded expect the rest of the year to be good news incoming only!
I actually don't have an issue with the likes of MS receiving options - he is at the sharp end and delivers ...
It's TB ... unecessary ... pure greed. Nothing else.
BUT - it's over (for now?) ... maybe there really IS incredible news around the corner.
"In IB I trust ... in TB I do not ... "
-- BB --
what a fantastic little company to be invested in run by the biggest crook going with his snout in all the troughs well done trevor once again
and not forgetting the complicit peter****ehouse who have made it extra special
Oh dear, the last, albeit weak, safeguard just disappeared with the BOD being bought off.
One more CL and it’s going private, the greedy ………s
Screw over shareholders then reward yourselves for doing so. Great business!
New options
Percentage of the current issued share capital of the Company
Trevor Brown
3,000,000
1.35
Mike Schmainda
8,630,474
3.89
Vinod Kaushal
6,000,000
2.71
Brett Skelly
500,000
0.23
-- BB --
Trevor is chuckling to himself over breakfast! Hopefully good news soon!