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Geez, so now you are pro Valirx Pugh? You are truly a end of a bell pal.
@share4
Also to answer your insane question - no I am not a shorter, I am a holder of just over 100k shares, small in comparison to some, but not insignificant, so I truly hope and believe that at some point Val will have success. I do not and have never claimed to be anywhere near as knowledgeable as most on here, but I have done enough research to make my decision that this company is a place I am happy to be invested.
Please also note - you are 100% correct, I no longer believe you are Porky. Whilst I disagree with Porky and I do believe he has an agenda and wants the share price to drop, for whatever reason, I also believe Porky has some intelligence and therefor cannot be Share4. I have no vendetta against Porky, he wants the price to drop, I want it to rise, that's just the way of the world and a differing opinion, but I can and I am within my rights to question that and his motivation for wanting the price to drop.
But Share4, the real question is not whether I am a shorter, it is whether you are or just a troll?
You claim to have no holding, you back Porky to the hilt and talk down the company and anyone who supports it, so clearly you would also like to see the share price drop.
I do not troll boards where I have no shares, stake or interest and abuse people for no real reason, that is your game mate.
Come on Val, fly through the roof and disperse of the tolls!
@share4
I've applied for you to be added to the COSSH register - Any substance that is officially classified as very toxic, toxic, harmful, corrosive or an irritant.
Been pretty quiet today, maybe he has seen the light!
Quite, Hoos. Otherwise he wouldn't feel the need to say the same thing 20 times a day. He'd just wait for what he says is inevitable.
Spot on Uncanny. Thing is, Porky knows all this. He is just desperately trying to get the price down as low as possible and is praying for a placing 1st.
It's so ironic he says he is trying to save newbies from certain dilutions, when he actually knows he is screwing them over for his own ill gotten gains.
#Scumbag
Spot on Jim!
In your assumptions Porky, you miss some very important facts ina edition to what Jim has saidโฆ.
EUDA collapsed from $10 ps to 50cents because they were in a financial quandary with its earnings per share dropped below zero. They have nothing and on a lifeline to reform and face possible delistingโฆ..
Then the holy grail falls from the heavens - THX who need a US Nasdaq listing and can offer financial and product synergies, but who has the IP - well we know the jewel in the crown for THX is 201.
Do you really think EUDA are going to merge with THX if they have to wait 6-12 for funding and IP, albeit THX canโt offer the IP anyway until VAL and THX sign off the LOI and VAL gets its funding and passes over 201 to THX.
Whatโs the point of EUDA merging, theyโll be bankrupt which is why merger deals have predetermined criteria for delivery i.e listing, funding and IP caveats IN ADVANCE of the merge.
It's like applying and getting acceptance for a mortgage only to be told you are now going to have to wait 6-12 months before you can buy your house, LOL.
Why do you think the last RNS was very carefully worded plus a link to the EUDA / THX merger - wink wink nod nodโฆ.. canโt say anything but hereโs a teaser!
VAL said:
โand confirms that it is not in possession of unpublished price sensitive informationโ
Thatโs because the merger has to be RNSโd first in NASDAQ and then news will land from VAL
DYOR, IMHO, NAI
I think we will get some notable lab clients giving us decent revenue once 201 is signed which will really boost the share price. Then throw in CLX news or 401/301. TRX may take a stake as well so the real news will come after 201 which is not even priced in yet.
They want the options at 25, 30 and 40 p so no reason to not expect a strong rise this month in time for Christmas.
Given all the above a great buy at these prices. EUDA website is down since Saturday so surely it is coming very soon.
Everything is coming together in the next 50 or so days, substantial announcement, merger, 201, 301, 401, Barcelona, new lab. Make your choice and buy your ticket. Not long now.
There is no evidence either way and everything on here is speculation. You will have to wait until an RNS hits. Interesting to see Porky has confidence in THX coming good at some time as that has not always been his stance.
Everything is coming together in the next 50 or so days, substantial announcement, merger, 201, 301, 401, Barcelona, new lab. Make your choice and buy your ticket. Not long now.
There is no certainty in any of this uncanny. So no one can 100 co firn that x or y is gonna happen it is all speculation. And that goes to all, so no point blue on blue here. I personally believe and feel that a great option is for the new EUDA THX entity starts the process again for 201 as THX who has initial dibs and has for years will in theory no more... right? So 201 is up for tender again. I hope the new euda will buyout vali instead of just having one compound, take the lot :), they have a ready to go lab in UK, a prescence in the UK and a database that vali recently purchased. Makes sense right. Then again nothing may happen.
Do they have to RNS for every new bit of lab work? They surely wouldn't have to for a really small job so is there a cut off and if so what is it?
If i've understood EUDA's problem correctly, its issue is that its share price and market cap are (or were until very recently) too low, so that it risked being automatically delisted. The proposed transaction is likely to be a reverse takeover, whereby the shareholders of TRx are issued with shares in EUDA in return for their shares in TRx.
This would only sort out the share price/MCap issue for EUDA if TRx is bringing tangible value to the table - obviously, given that new shares will need to be issued to TRx, which would otherwise dilute the share price. That value can only be in the form of ยฃยฃยฃยฃ cash.
So, I think it's pretty clear that TRx either has cash, or has committed funds.
It's not unreasonable to assume that the TRx funders will only permit the various payments TRx is on the hook for (including in relation to Val) to be made when they know they have a way of extracting their cash. Which would clearly be through them getting shares in a listed business.
Simples.
Porky:
โStrong chance THX might Merge with EUDA but there wonโt be ANY cash and certainly not in VALs short timeline before VALs cash runway is out shortly - that will be the issue. โ
Please support with evidence, no guesswork or opinions but facts.
Thanks
Does anyone know when the next trading update is due ? Or the next Q&A for that matter?
Not seen any new contracts for the lab yet ?
Need some news there to
You have no idea what cash has been committed number 1.
Secondly, do you not realise the longer term EUDA share price is a direct reflection of why they need to do the merge with THX as it creates synergistic benefits for EUDA (THX funding and VAL IP pipeline), THX get a NASDAQ listing and further access to funding, plus investors then have an exit plan by selling in the secondary market AND finally VAL get to commercialise 201 for โฌ61mn plus $37mn for other indications, plus milestone payments, monthly service fee and $2.2mn upfront. There is also the opps of other alliances for other IP both new strategy and legacy.
A wide awakening coming to some IMHO.
Ice
Sometimes you can be so pessimisticโฆonly ยฃ1.20 โฆ.
Come on cheer upโฆ
OB.
Pig has not slept again oh dear oh dear .
Yes Porky, why are you on the EUDA BB if irrelevant?
You know damn well that EUDA has tripled in over 10 days and VAL has doubled. VAL last RNS made specific reference to the EUDA / THX merger and listing details pointed to a circa $60 mn raise, which no l wonโt be sharing with you so DYOR.
You are going to get spanking young man when news drops!
@porky
Why are you on the EUDA site or here for that matter?
https://stocktwits.com/Porky9/message/549970395
Hi PI...Thanks for the Eueda post...thought the site was down...but as it isn't any longer, yes, a nice 6% rise bodes well for Val tomorrow.
@snakeyes
You don't have a vendetta against porky, yet you continually accuse him of having an agenda.
Then you seek his opinion.
Then you accuse me of needing meds for asking you these simple questions.
Why are you so interested in porky's opinions then? You claim you don't value them, but obviously you do otherwise you wouldn't keep asking him questions. Are you a shorter that wants more bearish views posted on here?
Ice... you can't make a joke of others who didnt get their prediction rite when u still owe me for your failed 20p prediction lol