Member Info for BigDave13

Pushing for more PR, indicates new website in progress.

https://mobile.twitter.com/RS_Fintwit/status/1383106845410275334

The links provided by Tra1 yesterday provided an insight as to what a successful trial result may mean in terms of potential returns. Let's assume £275m for a global commercial deal with one or more companies. That would be around £20m to Vela, most likely consisting of an upfront payment and then future payments on milestones achieved. Compare that to current MC of £10m and it puts into perspective what this means to Vela. So I would agree with Suthy that 0.3 is achievable, which equates to £36m MC and being Aim, the excitement could easily result in overshooting this up to say 0.5.

For a balanced view, need to consider any adverse actions that may impact this SP rise. Firstly, SGS own 1.1bn shares or 7.95% so once they are out of lock in period, they may dump some or all their shares. That is a lot for the market to absorb all at once. The other issue is the number of warrants still outstanding. I think it may be around 3bn or so. If they are all exercised, then that means a potential 20% dilution. Partly offset by the monies paid but still looking at these 2 points together it may dampen any hype.

So I am hoping for 0.3 and would be delighted with anything north of that (within a week or so of deal confirmation). Once all the news is in, shares sold, warrants exercised, new investments made etc, then I think Vela will be viewed in a different light and will then need to re assess what it all means for the company in the longer term.

Tra1, thks for the links, they both look like sweet deals. The Bayer deal appears to be only for the China region so globally potentially multiples thereof & the C4XD deal again looks very encouraging in terms of value. Does seem that an upfront payment plus on-going royalties is the standard approach.

Bayer - an upfront payment of 300 million yuan ($43.3 million) and additional payments could reach up to 4.18 billion yuan if certain milestones are met.
C4XD - Up to €414 million Exclusive Worldwide Licensing Agreement with Sanofi
https://www.c4xdiscovery.com/news/press-releases/exclusive-worldwide-licensing-agreement-with-sanofi-c4xd-il17a.html

MriGoat, Yes that is right although some of those patients will still be in the trial period. At least 120 patients must have fully completed the trial by now and outcome known with the balance competing over the next 4 weeks or so.

Anyone got any estimates of what a successful phase II drug trial is worth? Or looking at it another way, what sort of return would one expect on a £2.35m investment?

Wouldn't surprise me if he is already in 'off the record' preliminary discussions. At least 80% of patients now completed trial (based on mid Mar update of 120 on boarded). He knows where this is going and so do the pharma companies looking to get a slice of the action.

Yep, could be at the 150 patients this week. Don't forget, need to allow a further 28 days for those final patients to undertake and complete the trial. So once we hit mid May, it is game on.

This from SNT RNS on 26/02 advising of their investment in Aeristech - The investment is being funded by Sabien's existing resources as part of a £5.1 million pre-IPO funding round.

Maybe it is just news release of the original pre-ipo funding round that vela previously participated in & not a further investment.

andybalc1968. great find there. Is this a new round of funding or from earlier investment? Could be big RNS tomorrow.

James Normand, Executive Director of Vela Technologies, said:
“Vela is pleased to be investing in Aeristech whose leading technology is increasing the viability of hydrogen fuel cell power, particularly in the automotive and aviation sectors. Together with the government grant funding, this funding round will enable Aeristech to develop its products for application to hydrogen fuel cell solutions for commercial jets, light aircraft and heavy goods vehicles and to broaden its customer base.”

https://www.aeristech.co.uk/aeristech-powers-up-with-5-15m-funding-round-and-key-appointments-to-drive-rapid-growth-of-leading-electric-motor-and-controller-business/

sliverfox
Congratulations. Although I have no real authority whatsoever, I pronounce you King (or Queen, your preference) of KR1 BB - valid til end of trading day.

SecondTrader, info sourced from link below

ETH 4,357 (estimate)
BTC 134 (estimate)

https://mobile.twitter.com/lolmcshizz/status/1369978943714033666

A. $2.38
B. $0.42
C. $1.00
D. Orange

Clue: It is not D.

Answers on a postcard please.

KR1 is a money printing machine. For their investment of US$250,000 they receive 595,238 EQ tokens. According to this link, ICO Token Price: 1 EQ = 5 USD
https://icodrops.com/equilibrium/

Yes, now that would be a nice surprise.

You would think so. I wonder if it is an 'entrance fee' to get a seat at the table in advance of a larger deal?

Vela have confirmed that they do have ten (10) investments. They stated that a small investment was made that did not warrant an RNS. Intriguing.

Yes, doing a lot better than RDGC today

It is a simple admin copy and paste error (which admittedly shouldn't have happened). I contacted Vela on Friday on several issues as I said I would . One of which was to point out that the 9.11% shown was out of date and their % holding had been diluted as a result of the recent placing. The vela website reflected the correct holding. The shares held of 1.1bn has not changed, just the holding % of the enlarged shares in issue.

.

May have been posted recently but well worth a weekend listen.

https://ibsintelligence.com/podcasts/ep181-what-are-fintech-venture-capitalists-thinking-about-now/

zCloak Network, a Polkadot-based and privacy-focused computing platform, announced it closed a $1.3M seed round led by IOSG Ventures and Hypersphere Ventures. Other notable participants include KR1, DFG, Advanced Blockchain AG, PAKA Fund and Digital Renaissance Foundation.

https://thedefiant.io/zcloak-network-closes-1-3m-seed-round-led-by-iosg-and-hypersphere/

Useful summary of KR1 investments

https://mobile.twitter.com/lolmcshizz/status/1380535635841318920