Member Info for BIGBangs

Made the mistake of just reading the RNS again - poor posting while walking. Anyway my own fault I did not know he was investor despite my obvious error I am more confident than ever.

Leonard Licht, Chairman of Hg Capital Has purchase 7.7 million shares (5.2%) in his own name. Big time Pharma investor - big news, this guy is a genius. SP set to rocket agin in my opinion.

The shareholders agreement his on Amigo website - this was pointed out to me some time ago by a fellow subscriber. The agreement falls away once RG’s holding falls below 10%. Presumably as you can only call a shareholders meeting with 10% or more of the shares JB will have to allow his holding to fall below 10%, notify BoD that the agreement then lapsed then add shares to at least 10% to call the meeting - I am still guessing that GC and JB will have sorted this out well before then as it is in both parties best interests.

In my humble opinion there is easily enough business for the moment just with the existing model. I think they only proceed with 15% of the applications they receive - there is no shortage of customers here. What needs to be clarified, once and for all, is what is acceptable lending and then they can get on with it. Unless the FCA/FOS immediately change their position which despite some short term headlines will ultimately lead to the very customers that need this facility the most being left at the mercy of much more unscrupulous lenders with rates starting at 2/300%. If nothing changes no respectable business will dare lend. If the regulators do not realise by themselves the terrible error they are making here then there is no alternative but a judicial review. Whatever the legitimate rules are, we can follow them, the more hurdles we have to jump the slower the acceptance and the higher the rate we will have to charge. Let’s get this right and we can consider other opportunities. The outgoing BoD have had their last hurrah by trying to stick it to us - JB in particular, with the most pessimistic accounts, I was not entirely surprised but this all changes on 1st August with GC. Item 1 on his agenda should be to agree to tear up restrictive shareholders agreement with Richmond Group so that they can stop selling shares - the rest will take care of itself in short order. ATB

JB tweet suggest that he is in the City today - could this be for a meeting with another unrestricted major shareholder - hope so.

Check out JB’s latest tweet. This guy is not going to give up. I know it is hard but hold on - things will improve

Thanks CW, fully accept that you are correct, not having followed the board lately I was not aware of some key info. My default position is always to rely on TR1’s but increasingly it is they, or the lack of them that is misleading. Thanks for suppling the data.

Thanks ALGY I have held here for a while but have not kept up with the board. I admit to a particular interest in TR1’s and the strictness with which they are enforced -quite a talking point on another share in which I have an interest. Happy to accept this is an addition to an existing position although the RNS stated otherwise. Apologies.

I am happy to accept that CW25 but how would we know?

Not according to the RNS ALGY - they went from zero.

Purchased these on a whim at 28p and been in a loss ever since. Taken 82p and very grateful - hope those that remain can make much more. ATB

I have maintained for sometime that the irrevocable undertaking is simply a contract between JB and his broker which can be voided at any point with the agreement of both parties. I am sure that agreement would come at a cost but money does not seem to be JB’s guiding principle. In the same way if he does not reach the agreement we hope and anticipate he will with GC to cancel shareholders agreement and if he has sold out I would fully expect him after this much time and effort to be buying back in - of course at a higher price than he sold but where exactly are those shares anyway?

Interesting point for JB to consider if he votes against ratification of the breach of the borrowing limit in contradiction to the Articles of Association and potentially asked us to do the same what are the consequences? You can sometimes turn a minor matter in Avery significant situation if you are inclined - worth some research JB.

It means they decided on the extra provision very late in the day - probably as another jab at JB (detrimental to SP whilst JB remains committed to sell) but it is only a minor technical breach and easily ratified at the AGM.

We need other major shareholders to back up JB and call for another vote on the Directors ASAP and it can be included within AGM as we have not yet had notice - by the time it falls due JB will either have done a deal with GC to cancel the restrictive shareholders agreement or be at 10%. Are there any brave enough? They need 10%.

The law concerning Twitter is clear - if you make a defamatory allegation about someone you can be sued for libel. It is the same as publishing a false and damaging report in a newspaper.

The other party would have to prove the statements were incorrect but with the way these guys hate each other a court case is entirely possible.

I nailed my flag to JB’s post some time ago but I could do without him having anymore distractions until the SP here is sorted. ATB

Very strong stuff from JB on his twitter account - he should be careful of libel or find himself in court. He believe it was a sort of conspiracy orchestrated by HP to protect his standing with FCA who now repay him with a red carpet review into his new multi million £ job with PFG. He suggests that HP lined his and his friends pockets at the expense of the company (us) whilst other companies disputed the FOS findings and won Amigo rolled over and paid out millions. JB remains convinced (and believes the board knew) that we would/will win a Judicial Review the cost of which would be for the Directors bringing the action never to get the support of the FCA again. I would suggest JB and GC will not care about that. This is far from over.

Probably will not need large scale tests as the drug Interferon is already well used - SNG provide the patented delivery system to get the drug straight to the lungs (Gilead requires injection by qualified person). Home use will be the game changer here - hoping for £4plus very soon certainly on news of approval for use or contracts. What price would AZT pay? Great day. ATB

Added again at 1.65 the news is just too good to ignore. Anticipate the US will be very interested so I a, hopeful of a strong performance this afternoon. Will hold now until £3 plus. This is a better product and result than Gilead. ATB

This has gone from my worst performing COVID stock to my best -amazing. Sold half for 150% profit will hold the rest. Congratulations to all holders.

The BoD used every opportunity to hide behind commercial sensitivity but they did confirm that they were reporting the worst of the claims management companies to FCA and indeed reporting fraudulent borrowers to the police - that should stir things up.