Member Info for Andyken

https://t.co/zNhhTW5onT

My guess is that they write off some debt in exchange for adjustment in the exercise price of the warrants.

Also worth pointing out that if TF did exercise warrants this would see a cash inflow, rather than having to rely on a cash raise

Just to touch on some of the points raised:

They were showing growth across all regions last year and YTD. No specific mention was made of India but they did make reference to reduced profit margins on the APAC business, which I would have thought is a reference to them.

The CEO, via video, hinted that they are looking at doing more diversification and that the recent This deal should be the first of many.

They said that the breakeven statement referred to the NIPT testing business, rather than the company as a whole.

Very positive presentation by the company this evening.

Confirmation of no need for cash and more details about the solarwinds deal (very encouraging numbers).

Managed to speak to Mike and John afterwards who went into detail about their enterprise solution, which may provide a pleasant surprise in the next few months.

Attended a presentation by the company this evening and spoke to some of the bod afterwards.

Didn't realise how significant the illumina deal could be. Illumina now supply 80% of sequencers so opens up the majority of the market to Premaitha.

Also mentioned that they are looking to reduce the TF loan balance (possible debt for equity Inc warrants cancellation).

Also said that some IIs have been sniffing around.

Anyone else going to the presentation next week?

Am holding off deciding whether to top up until I have spoken to the BoD.

So now we know how Reynolds managed to place £3m in short order.

A couple of articles detailing Finncap's fuck up.

Given that I am a TW fanboy you should be able to work out the links yourselves

https://www.*************.com/views/38547/premaitha-results-placing-and-the-sheer-uselessness-of-broker-finncap-wankers

https://www.*************.com/views/38543/finncrap-a-disgrace-to-the-city

Wolf, playing the man not the ball isn't particularly good form. The fact you felt the need to leap in as you did speaks volumes.

As much as I would like to argue with people on an individual basis here all day, I would rather the shorters have as much time as possible to contemplate how they are going to dig themselves out of their respective holes tomorrow.

Lots of new names on the bulletin boards with very negative comments suddenly proclaiming themselves as experts.

I hope they are naked shorters ****t1ng themselves this weekend about a possible short squeeze next week.

21p (from previous target of 25p as a result of the placing dilution). He is doing it on Monday for the free site to give subscribers a heads up as he published it on the subscription site on Friday).

Agreed sorcerer, the IIs coming in at 10p will have been aware of the results and invested in that basis, which should put a 10p floor on the price. Talk of new lows is fanciful.

Steve, I meant the settlement RNS when only the £1m settlement figure was listed, no mention of inventory purchases.

Given that a chunk of it is to Illumina, it would have been nice for that be be made clearer in the announcement as surely that is part of the settlement amount and should have been stated as such

Winnifrith on Hot Stock Rockets (subscription)

Full 2.5m @ 10p

newsletters.advfn (dot kom) /hotstockrockets/4138/premaitha-results-placing-and-the-sheer-uselessness-of-broker-finncap-wankers

It will be on ************* before too long I expect

Placing has been completed despite what is said in the RNS and was led by Reynolds with only IIs included. Finncap tried to place and buggered it up by touting it round too widely, which is what led to the rapid fall from 15p to today's closing price.

Apparently a good chunk of the money is to purchase inventory from Illumina following the settlement agreement.

I imagine he will publish on his website in due course.

While not as good as predicted there will be an element of a new regime kitchen sinking as much as possible to show their performance in a better light going forward

Just announced along with the results

I don't know if I should be flattered or not that you have chosen to go through my posting history.

I don't own all of the shares I post on (which you should be able to identify with) and I don't post on all of the shares that I own.

Now that you have options over 5% of the company, can you please pull your finger out Mr chairman