Member Info for bakky

not sure about the punitive damages, hopefully the judge won't want to punish Prem any more than they already have, so unlikely imo.

I also expect Illumina to squeeze for every last penny they can and a cease of operations in Europe., ruthless! Whilst TMO are backing Prem they won't agree to a license deal either, unless the old judge orders it. Just my opinion of course!

if it's a European patent won't they be liable for royalties from revenue in the whole territory rather than just the UK?

I am expecting the claim from Illumina be a lot more than �5m..You only have to look at our costs then add plenty.All depends if the judge sees fit to allow a % of any figure other than the full amount.

merely the messenger dear boy, I did say courtesy of DJ and I know many don't view ADVFN so that is why I put it here. Make amends for what exactly? once again merely the messenger for what Hardman's said, not me chap! I offer the comments of an experienced accountant who knows far more you than either you or myself and you throw your dummy, jeeez! I also merely asked if anyone would partake at those levels, so what,

comment whenever you like? or maybe you have a tight grip on your own balls eh?

courtesy of DJ...I believe a chartered accountant or similar; Here you go - summary Market Cap �14.5m @4.5p TF loan �12m repayable in 2023 interest �0.7m/annum +warrants and charge over assets. Current cash likely to be sub �1.0m (+Creditors) and critical imo - see below Cashburn running at over �0.5m/month? with damages and other legal costs imminent Need to raise further cash now imo - Options 1) Further TF loan + warrants at 5p? (possible rebase of existing warrants to 5p?) 2) Discounted placing (discount dependent on quantum of funds raised) All imo dyor DJ Trading 5 Nov '17 - 10:53 - 4937 of 5019 0 0 Edit Revenue and cashburn �m/6month for past 2 years .......1H16 2H16 1H17 2H17 Revenue 0.6 1.8 1.45 1.6 Cashburn 4.4 3.8 3.7 4.2 Year end cash 31/3/17 was �1.3m and since then they have extended TF loan by $4-5m So assuming burn rate still running at around �4m/6month they will be looking for a further loan/funds before Xmas dyor" And "the cash burn for 16/17 included £2.1m relating to litigation (see movement in provision) At year end the provision stood at £3.3m and all within current liabilities so they expect all of this will be expended in 2017/18FY with I assume the bulk in 1H as court case was in July. Whilst this has been provided for through the P&L there isn't a cash reserve so cash burn in 1H likely to be higher than the typical run rate - offset by increased Revenue/GP." TF loan now �12m repayable in 2013 (edit 2023) with interest now running at �0.7m/annum And of course TF have security over Premaitha's assets see Charges here:- hTTps://beta.companieshouse.gov.uk/company/03971582/charges DJ Trading 5 Nov '17 - 10:57 - 4938 of 5019 "hjb15 Nov '17 - 10:34 - 4936 of 4937 0 0 Why would they have a problem with legal fees when they have put �5/6m aside and they say they have enough to cover costs?" The legal fee provision has been put through P&L but they now need the cash to pay the outstanding bills as I have tried to explain above. I think that will have all gone by now/Xmas based on historic burn and legal costs (cash not P&L as provided for) for work done in 1H - we shall soon see

must be due anytime now.Will Thermo step and help the cause, or will they not? If offered would anyone partake in a fund raise at say 3p or 3.5p a share?

1; maybe not tomorrow, but this week sometime I reckon. 2; No, I don't think they will. hope I'm wrong though 3; defo no license ready to go. why would Illumina do it, that would be assisting Thermo machine sales 4; yes I agree you will have a mega hangover,lol

unlike you I never was a fan of TW and have indeed been singled out by him on his sharemuppets forum on many occasions for going totally against him (hear that candles) but I guess he has exposed a few bad uns.I also agree that his 'friendship' with Reynolds is out of order with his so obvious ramping of anything to do with his oppo.

how sad, feel for you, booo hooo!! internet bullying ha ha, I think all on here are well capable of looking after themselves and don't give a flying feck what I say or do, except you, what a sensitive soul you are, aah!

yeh, big lover of my mate Winnifrith don't like him as much as my pay Reynolds though!

oooooh! pondlife eh! you crack me up, I'm getting under your skin eh, I am such a bully boy, now you go and tell teacher

enough now, me sides are aching!

ha ha! read and weep! you need to lie down pal before the white coats come for you!

you really are emotional aren't you, how very sensitive you are..lol

and just what have you exposed other than your fixation with anything TW/REYNOLDS!

as I said, got no losses muppet! Don't need anyone to hold my hand like you seem to!

as I've said before take the problem you seem to have with anything TW or Reynolds to them and stop spouting off on here and many other places about them. You really do have a problem with them don't you??

wtf does it matter!, wow opening new threads, is there some significance in that...jeeez!