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This share continues to be incredibly frustrating with the lack of updates and clarity of key issues.
It’s interesting just how quiet the posters are who were so positive of EVG/TCF and so critical of posters who were cautious and critical of the share for many different reasons.
I bought in at approx 5p after the Stalicla deal was announced and sold at 2.55p due to the confusion and change in information about when milestone payments would be received and the worry that a share placing would occur due to running out of funds. I was also unhappy at the lack of information about why Juvenesense pulled out and that the board instead of being disappointed said it was a good thing as they wanted to pursue bigger fish. Add to that the fibs about the board were not allowed to buy shares for legal reasons.
The amount of criticism Kingalf and I received on here, from being called trolls, talking nonsense, told to leave, etc was so disappointing. We see it a lot in life these days, look at JK Rowling how she has been bullied, attempted to be censored, cancelled, discredited for her views on gender ID. Same here, if you are critical of the share you get the same treatment. It’s bizarre, I don’t understand it. Even when I’m invested I value negative concerns far more than positive rampers. I don’t understand why such hostility towards people who post criticism and negativity of a share when it’s clearly deserved.
I hope you posters who were critical of us will change how you see posters who are sceptical, cautious and critical of a share in future and instead of being insulting will have an open mind and debate it. You may have saved a lot of money had you been more open minded.
With respect BJ39 if Stalicla hadn't flucked around your post would be as pointless as it is condescending ;-)
I would add that sitting on some heavy paper losses It's not all Rainbows and Unicorns for me and I hope Stalicla or some other news gets me out of a flipping big hole.
Too late for me to repent
Come on Huw do something to get this festering turd going in the right direction ffs
DSFlat, that’s the first time I’ve seen you show any negativity about this share. For what it’s worth I think you were really unlucky with your original investment, I shared your thoughts entirely in late 2022. £10m in the bank, a $163m deal signed, guidance of $6m to be received by end of 2023, lots in the pipeline for SFX-01, Juvenesense deal coming along and to go active. I was sure this was a multi bagger when investing in late 2022. I really believed I would treble my money here.
How have we got from there to where we are today, share price going from 5p to 0.7p and troubled waters. Your subsequent top ups are questionable though, I know you wanted to average down your buy in price but pumping more money in just exposes you to potential larger losses. I just hope you haven’t put all your eggs in one basket.
I can’t agree with your comment that my post would be pointless as it is condescending if Stalicla weren’t messing TCF about. Alarm bells have been sounding here for a year now but people chose to ignore them. The delay now with Stalicla has been brewing for a year, it was clear something wasn’t right when EVG changed their guidance about when they would receive the $5.5m milestone payments a year ago without any explanation and that they have never factored in Stalicla money into any forecasts. Everyone includes expected income into their forecast.
As for my message being condescending, that wasn’t my intention. I have lost money here, we all have, it’s simply stating it’s a shame that on these message boards (not just EVG/TCF) when we all have the same goal to make money, that people dismiss anyone with negative criticism of a share as trolling rather than value an alternative opinion. For example I saw Kingalf talk up OBD on this and the OBD messageboard. I was intrigued. Then I saw xxxinvestorxxx write his sceptical views on the share which made me realise I don’t fancy it. Did I see xxxinvestorxxx as a troll? No. I valued his thoughts and it did actually save me money as I was tempted to invest a small amount.
While you should never buy or sell from a post on a chat board, dismissing bear opinions simply because you are long something is asking for a lesson in individual money contraction!
I was long and wrong here for too long really, but I never entirely dismissed the bear posters; I did pay less attention to those who appeared too intense and repetitive in their negativity, or those who veered from bear to bull for no seemingly strong reason. But, like today, when I am long something, I pay particular attention to the considered bear posts.
Probably even more so now, after a few soakings. And AIM is for the occasional short term punt, never a long term hold investment, as far as I am concerned now. Unlike a few years ago.
And especially if a BOD do not buy big from their own pocket, like the lifestyle ones here.
Most recent evidence to support this thesis/opinion, especially in this particular space: VAL and even CREO.
Yes in hindsight no one connected to EVG buying shares does seem significant now. To make out repeatedly that they would love to but can’t for legal reasons that they couldn’t go into is quite bizarre. It really does now appear that it was a made up excuse to avoid answering why they didn’t want to answer why they didn’t want to buy in.
Have you given up all hope here LWHL? I was confident after the dispute notice was issued that all would be resolved, afterall to put in a dispute notice made me feel confident that EVG had fulfilled their requirements and even on the Stalicla website at the time it said this would go into phase 2 in 2024. But almost 14 weeks have past and no news, whilst Stalicla removed from their website that this would go into phase 2 this year. Why would they remove that? I don’t know what is going on here but this Stalicla deal has cost us all dearly. I think most people here bought in because of this deal and after 19 months all EVG/TCF have received is $500k, not enough to fund the company more than 2 months.
Yes, pretty much. And Stalicla are only partially to blame - and only if they are pulling a fast one, rather than the BOD here being guilty of failing to meet the disputed end points for further cash payments. After Juv, lack of BOD inside buying spanning years, whilst awarding themselves rock star remuneration long before it could be justified (or affordable)....well, Stalicla might be blame-free, who knows?
I wonder if they will manage to get another raise away next time? I would rather this went pop and they lost their generous income stream here, rather than keep the lights on for a few more years. Shareholder value is never going to be realised here. Not with this BOD. Maybe not with any BOD. IMO of course, although the probabilities are strongly in favour of it being so, unfortunately.
Any further share placings will 100% mean it’s game over for shareholders here. I’m not sure how long the company is funded until, we will find out in the coming weeks when we get the year end results. They will surely be forced to give an update on the Stalicla deal in that.
You do have to wonder what all of the staff are doing for their salary. Is this why they acquired the new company as they had run out of work to do with SFX-01. All work on the drug is being done externally.
We need positive news about the Stalicla deal asap to turn this share around.
Yes, that is precisely my opinion on the reason for the acquisition.
I think they will try and present the idea of 'compelling' material that they say they think will 'deliver outstanding shareholder value'...'exciting data' and other similar words and phrases to that effect, as they pretty much did on the last one.
Try and get more funding to advance that stuff and keep the payroll in place for another year or so, if they can.
Possibly all in the same RNS that basically says it is game over without additional shareholder support (fresh money). Perhaps even in the same RNS that expresses 'surprise and disappointment' that Stal have now pulled the plug, despite tireless communication with them, or that Stal have put in place additional stipulations which mean essentially the same reality for existing shareholders and the balance sheet.
But look, I could be entirely wrong and all could be fine and dandy.
Either way, I presume they will have to give a black and white update in the year end results, whenever they are. I forget now the specific date for this.