Member Info for bald_eagle

No apologies so here we go:

"I have said before there is the possibility that FUM could get taken over for IP. " [NDR50]

The truth is that they don't actually have a patent on MED3000 (their 'wonder' product). It is 'patent' pending. We don't even know for sure if FUM know how it actually works. They have theories and Professor Ralph said that MED3000 is 'interesting' but that's as far as it goes. I'm not sure what IP would initiate a buy-out. A 'theory' doesn't count as IP BTW.

Also most of their patents are worthless....all the patented 'formulations' on PET500 and CSD500 are pointless (because the products have gone nowhere). So FUM currently have very little IP to sell.

I'm waiting.

Can you handle the truth? Darling!!

"The phase 3 trial must have been a disappointment for many investors but inadvertently an effective treatment was found in the dermasys placebo."
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NDR50, funnily enough Futura Medical and Professor Ralph identified in an earlier trial that Dermasys (placebo) was just as good as the 'medicated' version of dermasys. So really the P3 trial was just a huge waste of money. If only they (including the world renowned Professor Ralph) had spotted the potential of the placebo earlier...a lot earlier.

They still don't know how it works BTW...any ideas? Darling!!

Can you truly handle the truth?

NDR50, it's good that you are aware of the risks and are happy with the risk/reward profile of FUM. Sometimes new investors get attracted into buying a share based on absurd valuations by self-proclaimed bulletin board 'experts' without being aware that there are risks. That's all I was trying to do...provide a bit of balance. For that I get called a liar. I guess sometimes the truth hurts.
Not for widows & orphans that's all I say.
PS May continue posting if it annoys him that much!!

NDR50, yes that may well be true. I suppose it depends on the remit of the regulator. Obviously the path they have chosen is less onerous than if MED3000 contained a 'medicine' as such. But there is always a risk (even if it may be small).

The time it takes to get regulatory approval may also be a factor....it usually takes longer than expected. Although again the ruote they have taken my be quicker. But h1 2021 when they run out of the cash they have may come sooner. Another share diluting rights issue would go down like a bucket of cold sick. Something to remember in the New Year.

Thinking about it, there is always the danger that one of the regulators requires more data on MED3000 or even a new P3 trial - for MED3000 wasn't actually trialled against a placebo in FM57 (it was the placebo). If expensive additional testing is required then it brings the likelihood of fund raising and a share diluting rights issue closer. It's a risk....something newbie shareholders should be aware of. Not for widows & orphans.

Even if Futura Medical don't need additional funds this year, it looks like in h1 2021 cash becomes more urgent....unless they get some sort of upfront payment as part of a deal.

We can all agree with you, AIM is a joke. The sooner TRMR get off AIM the better. I don't know if TMRM management have that as a goal....it should be. AIM has a very bad reputation....a few diamonds but mostly just lumps of coal, if you are lucky....something more smelly if you are not.

"A long term outlook is needed here."
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NDR50, quite the opposite IMO. The short term is where the money is (IMO). Regulatory approval, patent approval and 'possibly' even a deal...news should drive the SP higher when it may be wise to bank some profits. FUM is not a share for widows & orphans (again IMO).

PS Don't forget that fund raising (& possible share dilution) may be necessary H1 2021.

JSC Freedom Finance (the sole manager?!) now have stock options (exercisable by 1st October 2020) for 154,028,981 shares.

Stt1, because of the economic impact of the lockdown your 'predictions' of a drop in TRMR's revenue for 2020 are pointless & your crowing about being correct rather pathetic....we wont know if any drop in revenue is due to the impending recession or TRMR's business model.

If on the other hand TRMR's peers perform well & even increase revenues whilst TRMR does not then you can then pat yourself on the back. Until then you're being premature & asinine IMO.

Will the EU airbridges likely to be announced next week be hugely beneficial to IAG or will it benefit the low cost operators more?

I suppose any easing will see some benefit to IAG but I would expect long haul operations to be more important to them, especiually to the US (where access seems to be getting less likely by the day).

Could be a vaccine will be the best chance of game changing news but that ain't certain.

"This was from my post of 2nd Apr 2020, 20.36:
Given they will lose revenue from discontinued operations and CTV revenues were only $31.9m, I believe this years, fy2020 revenues will be below $300m."
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Stt1, I don't know what childish point you are trying to make. Perhaps you get some satisfaction from making asinine statements. April 2nd (when you made your forecast) was when 'almost' everyone knew that a lockdown was only a matter of weeks away and the economic fallout would impact revenues for the rest of this year at least...some were predicting a V-shaped recovery but it looks like a deeper recession is now on the cards. Your 'prediction' of reduced revenues for TRMR this year will unfortunately also apply to a huge number of companies....probably even ones you are invested in. So reduced revenues will 'probably' be due to the recession rather than a problem with their business model. Even you cannot claim credit for the impending recession...that's the fault of the virus.

There is always the Trump's solution...stop testing. Then the US wouldn't have any cases at all. What a brilliant idea....in a crazy sort of way!!!

From 22nd June (Reuters):
" British cinema operator Cineworld (CINE.L) said on Monday it secured a $250 million (£201 million) debt facility from a group of private institutional investors as it gears up to reopen theatres following the easing of coronavirus-led lockdowns globally.

The move comes after the company abandoned its $1.65 billion take over of Canada’s Cineplex (CGX.TO) earlier this month, a deal that had raised concerns about Cineworld’s growing debt pile, which stands at $3.5 billion.

Cineworld, which expects to reopen in the United States and the UK on July 10, said the new facility, along with covenant amendments and a $110 million increase in revolving credit facility, helped add more heft to its balance sheet....

...Cineworld, which closed its cinemas globally three months ago, said in April it was suspending its dividend and that executive directors were deferring their salaries in an attempt to save costs.

It has also secured credit committee approval to apply for an extra $45 million through a coronavirus borrowing scheme in the UK in May and is looking to access $25 million through the U.S. government CARES Act. "

What are the finances like for CINE? Slightly worried that companies with large debt & minimal income at the moment are susceptible. INTU folded today. How does CINE look?
An honest question and want an honest answer (warts & all).
Presumably the cancelled Canadian takeover will stop a large increase in debt but was it done for other reasons? Hopefully the management just realised it wasn't the time for a big deal & there aren't underlying issues that forced their hand. Again any comment appreciated.

16p in the next year?...hmmmm.

ALTN have a lot to prove, after years of underperformance and broken promises. If they manage to stick to their targets and actually look like delivering 100,000 Oz of the gold stuff then perhaps they will be taken seriously and head towards 10p. But lots of hurdles in the way. Goof steady, reliable gold production whilst keeping costs under control first. Let the SP take care of itself. A dividend would be 'nice' too....for long suffering shareholders.

"it is therefore questionable whether another lockdown is needed .....for the population as a whole"
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Poppy****!!
It's not questiojnable at all....if there is a 2nd wave - which means that hand washing & social distancing has failed to contain the virus - then a second lockdown (albeit slightly modified) may be needed to protect the integrity of the NHS.

The coming winter will be a huge dabger for the NHS. Even a 'normal' winter puts the NHS under enormous pressure (sometimes to apparent breaking point) but IF the virus returns then it could overwhelm already tired & stretched personnel & resources. Winter is coming!!! Let us hope it is very mild.

For some reason people seem to believe that we have 'won the war' against the virus....BUT it's still out there. It is still as infectiuous, it still causes immensely dangerous symptoms to a percentage of the population. There is no 'herd immunity' to protect us. We are all still vulnerable, it could easily return with the cold & flu season. It ain't over till the fat lady sings.

Huds75, two things:
1) A cruise ship is an enclosed environment where the spread of a virus appears to be easier than on land....I would suggest that the staff working in close contact can pass it between themselves and then onto the clientelle (but what do I know).
2) 'Crazy' people may book a cruise but will they be able to get insurance?...I would suggest if they cannot get insurance then they may - despite being 'crazy' - be unwilling to accept the 'almost' unlimited cost of insuring themselves. Unless Carnival accepts the financial risk of insuring their customers (of course).
Think if the Trump rally where attendees were ask to sign a waiver not to sue Trump (or Trump Inc) if they caught the virus....even 'crazy' Trump supporters may have been deterred from attending because of that. Similar with cruise ships I suspect....until we have a vaccine.

The only effective way to socially distance on ship is to stay in your cabin...not much fun. There are probably a lot of crazy people who are desperate for a cruise - probably a huge percentage of Trump supporters - but if they cannot get insurance for their trip then they cannot travel.

Look at the Trump rally in Oklahoma....he requested that they sign a waiver against suing him....the turnout was reportedly low. Nodoby is going to agree to almost unlimited medical bills....not even for Trump or Carnival criuses.

Stt1, a particularly asinine post ....even for you. Given the economic turmoil that prevails in the aftermath of the coronavirus Tremor isn't the only company to fall short of revenue forecasts. What is important is how they bounce back afterwards. How are your investments doing?