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CJ,
To be honest your last comment is incorrect on so many levels it's actually not worth attempting to correct.
If you are going to keep posting on here at least try to provide some accurate information ;-)
Good question about is this new company they paid a million pounds for (correct me if I’m wrong there) going to generate any income. I’m not sure I’ve read about any income stream. It was obvious they bought this as they had run out of work on SFX-01, you don’t hear much about that any more. Didn’t they produce millions of tablets of it? They’ll be out of date soon. I think Huw had a stake in this company TCF bought, if he did he’ll be enjoying his windfall.
Given Huws ability to deliver I'd say it's unlikely
There are some huge MCAP companies in this area so there is always the 'What If' factor ;-)
Is there any £ to made from chronos or whatever it was they bought?
Friday gone marked 6 months since the board issued the dispute notice to Stalicla with regards to missing milestone payment and clarification on payments of the $5m due to be paid when this goes into phase 2. The only update on this was one line written in the year end results. I think we all agree that this deal with Stalicla is over before it really even began. I only lost £3500 on this share, i know it’s not much compared to some but £3500 in £10 notes would be very nice. Commiserations to those who also lost money due to this deal.
Sometimes it doesn't hurt to say what if .
So ignor the noise and hold x
William Black took that 2.5 mil yesterday
I really believed this share was going to set me up nicely when I bought in just after the Stalicla deal was announced in Oct 2022. I had renewed hope 6 months ago when EVG issued a dispute notice to Stalicla about the missing $500k payment. Now I think this share is completely done, I don’t see any income at all between now and next Spring when it looks like the money will run out.
If you’re holding here I would recommend just holding out as I’m guessing most people are down so much that it’s not worth selling now.
Think the mm's are having a laugh buying millions at 0.6p from somebody and now attempting to offload at 0.72p+
Unfortunately any ten bagger at 0.6p will still keep many here underwater. It would be a start though.
Rant at Huw aside, I'm optimistic that we could see Yuge gains at some point.
Could be due to Stalicla, Cancer treatment news or perhaps due to the recently acquired assets.
So I'm not rage selling because I believe there's a min 10X hiding behind a not great CEO (imo)
Being on AIM investors should expect dilution via placings until revenue, merger or acquisition news.
Evgen could have placed at 20p years ago and again at 4p when the Stalicla deal news was announced, investors would have moaned but probably traded or averaged down but Evgen/ TCF would have a better cash position.
Huw hasn't played the AIM game well imo, TBH he's a flucking idiot imo
Blaming the low MCAP on interest rates and high fuel costs !
The reason why the MCAP is so low is because Huw has failed to deliver, end of
Grants and private funding? I think it’s wishful thinking, grants may help fund trials but can’t see it covering wages, rent and rates. As for private funding, I can’t see who would lend TCF money if they have no money incoming to cover the loan repayments, whilst no one is going to just give millions to a plc out of the kindness of their heart.
It shouldn’t be down to grants and private funding, TCF have been in business for 10 years, they should have sn income stream by now. I’ve never heard of a company run with no income before.
Grants and private funding were discussed about an hour in and at the end during the Q&A parts of the recent Research and Development Update
THERACRYF PLC - Research and Development Update
https://youtu.be/a3bYtaY2URw?si=jnB6XUxkPZW1OIgu
Just looking at recent years accounts, there has been very little money incoming into the company which I see has resulted in multiple share placings. Stalicla appears to be the only potential source of income from what I can see at present but there appears to be a serious stumbling block with this deal as $500k was due to be paid when phase 1b was completed, which it was a whole year ago but no money received.
Is there any other sources of income that I’m not aware of? If not how will TCF survive once the current reserves run out next year?
I’m sorry to say that this share is in grave danger of going bust within a year unless there is a big turn around in fortune.
Oh dear, I bought more today. Clearly, I'm a master of betting against the odds! Looks like no tropical islands with fancy drinks for me this year. Guess I'll settle for a staycation with a kiddie pool and a paper umbrella in my drink!
A lot of big sells today. Someone knows something.
1000%
It went from $3 to $30
Someone clearly didn't think this could do a 1000X in a single day as was seen by Regencell Bioscience Holdings this week ;-)
@DSFLAT
Good and interesting posts
thanks
RGC has a $200M MCAP
The article by Daily Mail is what caught my attention this week (The Telegraph also covered the story)
" A 'miracle trial' claims that severe autism can be reversed and symptoms can be reduced if a child is treated regularly from a young age."
https://www.dailymail.co.uk/news/article-13654847/autism-reversed-symptoms-reduced-young-age-study.html?EdNo=051
Reversal of Autism Symptoms among Dizygotic Twins through a Personalized Lifestyle and Environmental Modification Approach: A Case Report and Review of the Literature
https://www.mdpi.com/2075-4426/14/6/641
Regencell Bioscience Holdings Ltd finished up 350% in todays trading. RGC don't appear to be related to the report but do provide a natural formula that shows promising results in case studies
https://www.regencellbioscience.com/
I'm more excited about the recent Cancer treatment possibilities for SFX-01 but whilst the Stalicla deal is still on the table new that severe Autism can be reversed could move the price or the Stalicla deal in the right direction.
Regencell Bioscience Holdings Ltd up 800% so far today in the US.
ASD treatment company, probably off the back of the news regarding the twins where one responded well to natural treatments...
Interesting to see how this affects TCF in the weeks/ months ahead
I hope your optimism and investment pays off.
I'm the only poster today and the only buyer 😄