Member Info for belfry17

Has anyone worked out the rough cash position please?

What do you mean? I am sure they could do it electronically with a video witness (solicitor) or something similar. The money is coming in so that isn't an issue. What we do know, is that we are in extremely poor market conditions so any good news would not reflect as well as it would have otherwise and people are only thinking of the bad. Providing there isn't a serious issue with funding, i see this as an excellent opportunity.

I really don’t think it is an issue, but confirmation would be nice.

The cash is already coming in so how much do we need right now?

People really love to bash this share.

With the dark cloud over everyone and the complete horror show in the markets, today’s RNS is very good.

Again, this looks like big news for Salarius and TEK, but we can't see the size of the deal in monetary amounts. Both this and the pending FDA news should have a big impact on the share price but we need more information.

"The company indicated it may receive FDA clearance later this year to be followed by commercial launch in H1 2020."

https://www.proactiveinvestors.co.uk/companies/news/222834/tekcapitals-belluscura-on-track-for-fda-clearance-this-year-raises-750000-in-funding-222834.html

we are still due an update on this.

Whilst no figures are mentioned, this seems like a big deal by the wording in the RNS.

I have had a soft spot for this share for a number of of years so I am pleased that it might actually start to reach its potential and push about its recent highs of around 30p, which it should on firm contract news by RNS.

The loyal holders deserve a break here.

This has been a very expensive lesson to all investors. The warning signs were there, but we all thought we could see a good business in there. It seems, however, the BOD had different ideas and either couldn't do the job properly or didn't want to.

This situation should never have been allowed to happen and it is either gross incompetence or absolutely disgraceful behaviour if planned. Either way, shareholders (the ones not connected) may end up with nothing and that is based on a company who has had an excellent turnaround and producing nice profits, if you can believe the RNSs... who wrote those again?

The regulators should have wanted to/ be able to do more here as many investors could potentially lose thousands. The heartless ones may say that the warning signs were there (Zorbas, Hogan, Jones and towards the end, Brenton), but surely there was a good case for investing here when looking at the RNSs and the progress made in recent months?

There is a large pipeline here and any one of those contracts would likely cause a good rise here based on such a low market cap. That, together with the current cash and forthcoming profit, makes for a potentially very good trade opportunity.

If it wasn't for your previous messages then I am sure some people would sympathise with your current 'loss'. However, I doubt any of that is true and I also question your motives in posting that.

The simple fact is that the current board don't seem to care about the shareholders and are only interested in controlling the company to suit themselves (i.e the drone deal by issuing themselves shares). If you were really in the situation posted below, i am sure you wouldn't be so naive.

Based on brenton’s recent rns comments and the fantastic company updates recently (?), I am starting to think that he isn’t really doing anything other than trying to protect himself and his corrupt buddies from the authorities which are seemingly closing in on them.

Are you in on it, jack? I really wouldn’t want to be involved at all - the sooner decent people are running this company the better.

You two sound like Leon Hogan and Chris Grove/ Elliot Talbot talking there. Is that any of you?

Based on the wording in the latest RNS, it looks as if the investigation is being run by the current board, which would be yet another sign of malpractice - of course they will be happy with the outcome. If only the regulators would actually do something (which they might) sooner rather than later.

There has been too much going on to just ignore it so I hope we get an update at some point or just hear that the crooks have decided to step down quietly.

And I wonder how many of his shares he actually paid for with his own cash and how many were given to him for being such a ‘good employee or contractor’.

The regulator should be all over many things, which they know about, and this should be one of them. This looks very similar to what he did at ANR as well. The current board allows this kind of behaviour to go on and the genuine shareholders are the ones punished. If only the current board wanted us to see our shares rise in value rather than lining their own pockets.

Does anyone else smell bullsh*t?