Member Info for belgrano

another great post Mad, we can see the plan now, must confess I didn't see it yesterday and had a troubled sleep.
Although sales are poor, and influencers clearly failed can see the profit margin on those sales which is excellent, if numbers can be scaled.
Expect any distribution network wanted double fig and some. for selling our product.. so unacceptable... so go for a profitable pharma sales company to own and get them to do it for us as a bolt on..
A capitol gain there, and profitable in its own right... SA is off the hook.

Good to see the board buying some modest amounts at 16p. "Skin in the game" now. Placing done.. that is excellent.. Did fear the price would crash if left hanging.

Be an interesting test for our house brokers next few sessions, they wont want the price to drop further.
Been sleeping on my decision here, and now made up my mind. I expect a busy day.

so roughly 16m new shares, or an extra 10% of current total.
I'd also love to see that they are fully subscribed.. was a hint of management participation as well, which is good if decent amount.

Good post Madaboutmedtech, opposite calming viewpoints. Many thanks.

If we can shed any rays of sunshine on this RNS, its all the bad news now fully out in the open.

Most important part of the RNS for me.
"Post initial launch of the AxisBiotix-Ps™ product, the Board believes it is in the interests of the Company and a better way to generate long term value to its shareholders to seek to secure an exclusive deal with a global multinational for AxisBiotix-Ps™, rather than signing multiple distribution deals across different markets. While the Company looks to undertake out-licensing discussions, it will continue to roll out the AxisBiotix-Ps™ product into Europe and the Rest of World.

Nothing about ongoing talks, now "seek to secure", well quite honestly I believe I was right that SA did not pull the plug on 1.2M of deals because of a better one. Do those that disagreed with me then still disagree now.
Put on your tin hat tomorrow.

Certainly seeing investor confidence waning here. Steady drift down in price due to slow steady sells as people withdraw exactly what I suggested previously would happen.
Clear reason here and I'm putting it on SA and our team. Total lack of official investor news and late results.
Believe the investors here do need that Christmas update and cant come soon enough.

The company "donated" 4k samples to the US, early this year. Stuart told me. Might interfere with some batch numbering if some are missing.

Hi Thomas,
The " distributer ", could be a couple of things. At its most basic might just be someone like you and me who frees up some workshop space and has a pallet of stock. As soon as an order comes in we post it locally to the customer.
That actually could work very effectively as long as we could guarantee 24/7 that someone will promptly process the order. Would really cut down postage times which going by trust pilot customer feedback was the biggest complaint. Would not take up much space either and would reduce costs.

Yes I'd love to have a decent chat with Stuart, if we look back over a year we were hearing quite a few very promising things, like 20T scale up about to happen, improvements in performance with scale up, sedermas customers reviewing our product...feedback pls.
Then everything silent, then we have axis.... also very silent and the mighty NPF... I'm hoping for a blockbuster, but investing experience tends to echo that when its silent for this long, dont start counting chickens. Just trying to recall any other company this happened with and a rabbit got pulled out of the hat and blew investors away, but struggling here. Can anyone ?

Hi Toyin,
You have actually changed my words from "does our company get a fine??" which is actually a question that I don't know the answer to.
You change it to "We are paying a fine", which is a total miss quote.
Then you try to miss quote again with " the last guy made it difficult", where were those words stated...
So please don't tell anyone they are talking nonsense, when you have changed the quote to suit your discussion sir, because everyone here can see it.
Best of luck and lets call this point closed.

Hi Toyin,
Certainly not scaremongering, at least not deliberate. Just exploring both sides of the discussion which I like to do. Do suspect its been bought about by the change of position nothing more than that. Bit of a fact of life that if you knew you were leaving a company half way through the year and only on it part time, might not make as best efforts to keep the books up to date as you should. Just makes it twice as hard for the new guy.
Think we've all had that in life, take a new position and find that some work has been "overlooked", in my case it was a months hard work of missing audits, that had to be done also by year end.
We were informed previously that it was too much work for a part time job, hence now full time appointment, so throw in the delay in between getting the new guy up to speed and recruitment, and that's the reason for delay.

My opinion that late accounts demonstrates poor performance. As pointed out, this is a small company, so should be relatively easy if people have been doing what they are paid to do, unless we've employed poor quality personnel, which I suspect is nearer the mark.
If I had done that I'd have been fined by the tax office, does our company get a fine???, paid by shareholders.
Now throw into the mix poor sales and you do get that bad taste in the mouth when you want to believe what Stuart is telling us.

I think the big takeaway from the Q and A session is that they are actually in serious discussions and we've not being led a merry dance down the garden path. Investors who have a fair amount of skin in the game should rightly be naturally suspicious when company plans suddenly change. Still looking for some Croda news.

but hasn't stopped growing everywhere.
https://www.istockphoto.com/photo/senior-man-picking-cherry-gm975587266-265353094

Throw into the mix, potentially a couple of buyers and new technology and not hard to see why its taking time.
When you were a holder you were more positive Phat, now you are coming across as a bitter investor insulting fellow investors because their opinions differ from yours.
Really wish you all the best, and good luck.

even had a few more, as they are nicely sub 20p. Hopefully they belonged to Oleric, so I'll look after them in safer hands.

Actually just what we needed. I've already had investor friends of mine calling me up and asking about what Stuart had to say. Believe they were indeed much closer than myself in hitting that sell button, due to lack of information.
I do know that big corporate deals do take a great deal of time to finalise, not sure if it was on this forum but one investor on LSE who used to make such deals at board level stated 2 years of discussions was actually the norm. Hopefully someone on here can confirm that.
However for me a huge takeaway is that discussions are most certainly ongoing, (and we've not been led down the garden path). Also when completed and finalised Stuart is confident of achieving his share options, which are performance driven. Well done Elrico, top man.
Expecting a blue day today.

Thanks Elrico, put me at ease.
Can anyone here tell me what Stuarts share options actually are.