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So……. What’s happened to the results ? They are usually announced an hour or two after the board meeting.
Hopefully, although I would like to read...."CEO to resign after a decade of under performance". Here's hoping.
I am not holding my breath either since any good news would or should have been announced. Not exactly sure where it leaves the company. As you wrote, 1.1 mill will only pay for the coffee n lights for a couple more months.
Morning The.Italian.
Interesting that they are able to make an announcement for a meager 1.1mill, yet. They are unable to provide any update for the Chinese submission or on the outcome of the SPA which should have happened 6 months ago.
Until you posted that, I was not expecting anything apart from what would be included in the year end results. Meaning nothing positive since they surely would have to announce any positive news as they have done all previous years.
But as I also wrote. Since they own nigh on 60% of the shares and probably have already informed those of importance, the average PI will not get to know until the said results. Just my opinion of course, but it certainly appears to be going that way.
Bothwell,
You are the one that seems to know that given you posted on the 10th May.......
"Operational update coming soon…..Hopefully positive news! "
Maybe you can enlighten us ???
Yup, yet another cash call
Bothwell,
Because, as I have written many times. They are out of their depth. Not one of the clowns has any pharma experience in sales Marketing or even getting approvals. They are and will always be Miners. They do not realise they have to be very proactive if they want this to work. Previously when RPG was a mining investment platform, they used certain people on the board (now left) to propose mining stocks which they just threw money at. They then sat back and watched as the investment went up or down and then sold. Certainly an easy job and not very demanding on the brain. They obviously think the same strategy could be used when running areal business with a real product....... ERR No.
This is all JM's fault, but unfortunately he didn't know any better since he is just the same.... not much more can be said about incompetence.
Found it.
Not necessarily in an RPG announcement but listed in the local HSA website.
5th July 2022.
https://www.hsa.gov.sg/announcements/new-drug-approval/new-drug-approvals---july-2022
Scroll down to find it.
Morning The,Italian.
If I remember correctly, This was discussed previously here since an import license for Singapore was granted in July, although I would need to go back through my posts to find it.
However. Given the supply originally came from PSNW, I don’t expect they sold many, if any at all. They certainly won’t see many of the 30k cans produced every 4 months if that is all there is available, like the rest of Orients countries supplied.
Yup.
I even told my GP since he said he had a few sufferers coming in each month.
Who are Endurance RP anyway ???
Of course that should be Q3 2024.....derrr.
Anyone still signing cheques and putting last years date......Ahhh but then again, what are cheques anyway.... lol
I certainly would like to know where they will be getting the money from to bring this to fruition. Q3 2023 maybe only 6 months away (the company should then receive 4mill usd less taxes) but as far as I can see, there is no honey left in the pot.
I also notice from the last years mid year results that they had about 18 people on the books who need paying as well as the building rentals in HK and the UK.
Send it to Jim and copy Jamie and the company secretary. You are more likely to get a response.
Jim doesn't necessarily always respond, but Jamie usually does after being told by Jim to pull his finger out.
That's from my past experience.
Of course, if you add that JG and the BOD are all incompetent, that will surely get JG's hackles up and he will more than likely respond and probably all in capitals......lol
Morning The.Italian. Not wanting to contradict, but for clarification. The listing was worth 40mill GBP before several dilutions. 40 cents today is, well. A lot lot less than the 40Mill GBP (or was it USD ?....makes no difference still a lot less.). :-)
Keith
Disappointingly, I’m inclined to agree with you. The only course left is hopefully to sell the product outright which, given the non commitment of any us licensee and lacklustre EU sales, will be very difficult as it certainly says much about what the market thinks about the product and PE in general.
Unfortunately although Dr Mike may be remembered by some as the man behind viagra, he will also be known as the man behind the failed Fortacin. I wonder if PLE shareholders would have fared better if the PLE takeover had not happened ? Seems those that voted against it had crystal balls…..lol
Well,
RPG has just crossed into single digit million GBP (9.9mill GBP). the lowest it has ever been. Down another 4.444% today, just like yesterday. (interestingly, yesterdays was due to buys and todays is due to a single sell of 1 lot).
Not much hope here now given any news should have been announced a long time ago. As I wrote before. No reason that the Chinese submission should be held up, but RPG have no money left for continued operation which means where does that actually leave the Chinese approval process since if approved the company wont be around to see it.
How is this going to work ???