Member Info for _Mr_Big

Ghia - you are a well-informed investor and have a reasonable and more balanced view most of the times.

It's the ramping cult that I have a problem with.

Ahaha. Why £50bn? Make it £69bn - a £bn per every data point ritchie managed to collect so far.

Tommy - a blinkered cult-infested gambler forum is a wrong place to ask about complex legal issues.
There is currently a patent pending (approved?), however, personally, I am not 100% sure how far it can reach.
E.g.
Case 1: The French rip off the SNG juice formula and start making and selling it much cheaper than SNG. This looks like an outright patent violation, but even in a "clear-cut" case like this, does SNG have the funds to take on the French/EU Government? If the EU benefits greatly from it, the whole thing might become political very quickly.
Also, imagine SNG's publicity if they are taking another company to court to stop them saving lives, because by saving lives they are taking a few quid off the SNG's P&L bottom line.
Case 2: France (or Argentina) develop their own formula that works almost as well and start making and selling it at a fraction of SNG's pie-in-the-sky £3k per treatment. SNG can only produce 50k treatments a month, all of them going to the UK and US, so the French are not cutting into SNG sales. Can SNG claim damages when they are not actually suffering any direct financial loss from it (i.e. SNG's sales of 50k treatments a month are still 50k and only limited by the manufacturing capacity.
Afaik, if there's no loss, there's no case but wtfdik.
Also, publicity again. SNG can't produce enough juice and don't want anyone else producing more to save lives.
Case 3: I wouldn't be surprised if more than half of the world's population is in countries that don't care much for SNG's IP and will be making knock-off Chinairgen copies anyway. Then the UK governement will buy Chinairgen instead because it's cheaper - just like they did with covid tests.

Anyone telling you SNG IP is completely, 100% risk-free is a brainwashed idiot.

PS All of the above assumes that
- SNG actually works - read the last RNS and make your own conclusions.
- SNG can actually manufacture thousands of treatments per month. This has not been the case up until now and there is no update from the company on this.

Are you OK woody?

As Warren Buffet said, if a stock causes you sleepless nights, sell down until you can sleep well.

Trek - sorry to hear about the loss. You win some, you lose some.
If it makes you feel any better, I think that buying at 177 7-8 months ago and holding was not a bad decision, based on the information that was publicly available at the time. Not selling around Feb, when RM's complete incompetence and the lack of company's progress were becoming clear, was a mistake and a gamble (and I too have lost a lot of my paper gains by not selling out in the 170-190 range).
Better luck next time!

TLW - Ritch raised ~£50m to ramp up production months before any whiff of Activ 2 and talked about 100s thousands treatments per month.

https://www.lse.co.uk/rns/SNG/placing-and-open-offer-hwyvj20u13tq1ig.html

That was from RNS though, so I'm not sure if we can trust it - could just be fake news. The Cult's Great Book of Synairgen has got to have the real truths in it, but I never got sent a copy because I refused to sacrifice a baby as part of the cult initiation ritual.

Kevin - do you expect to see anything in the results that can improve the SP? What revenue figures do you expect to see? Maybe a profit for the year and a promise of dividends?

The only good thing that can possibly come out of it would be a huge figure in SNG stock ready to be sold as soon as an authorisation is granted. But if that's really the case, then why delay the promised manufacturing update by 4 months?

==============Spoiler alert=================

Answer: Doesn't really matter, because Clueless Ritch won't be able to sell them anyway.

SNG has got 26 employees. Each employee can mix up 4 doses by hand per hour.
If all of the SNG employees are working on mixing up the doses (that's what Clueless Ritch meant by manufacturing ramp-up) and are pulling double shifts, how many doses does SNG produce per month?

Thanks.

What's the actual update/news?

Could it be that's because the UK Gov has already paid us for these?

Thank you.

$11 a test?

As For axe, make up your own mind about his character.

30 Apr 2021 16:23
"Have to admit guys sold 100,000 shares earlier when went up to £1.35p "

And

30 Apr 2021 11:40
132.20

"It Works! That is all we need to know!"

Must have been typing that as he was desperately hitting the sell button and getting NT.

Har,

Well I didn't did I?

Thing is, there are genuine investors and punters who fall in love with a stock, get their minds clouded and lose money, and that's never fun, and I've been there myself several times.

Infortunately, there are also loud-mouthed gambling cult c.nts, who will happily shout abuse at other investors who raise concerns. I see no ethical issues with ****ing on their graves.

https://www.lse.co.uk/rns/SNG/holdings-in-company-yb351yqdny34ns1.html

https://www.lse.co.uk/rns/SNG/holdings-in-company-k0khkpqh2i635am.html

I could say "I told you so" Axe, but I won't. But I could if I wanted to.

You think this is selling? Just wait till the yanks wake up.