Member Info for bignose58

Totally agree bunion.... :-)

Bothwell.
My response is in no way directed at you. I too am trying to get this rolling. I still have a lot of faith in the product. I just feel disappointed in the way things have been handled and the way shareholders have been led down the garden path. Given our license agreements we should be trading at a much higher value now. Unfortunately the HK market still has no faith and sees no value in the company apart from as a trading stock.

I would accept the timelines if they had been realistic with them given the information available. Also, I have been let down so many times with misleading responses from JG written and verbally, I just no longer trust him.

If JG is now drawing a reduced salary, as you indicate, it is to be applauded, as well as showing up in the EYR.

I hope we receive some positive news on both the FDA and China in the coming months.

Still no news on HK or Macau launches. Doesitreally take that long ?

If anyone is interested JM's % of wealth invested in this company is currently, with the current SP and exchange rate, approx. 1.3%. I wonder how that compares to many PI's invested here ? Not going to compare with JG since he is on a free ride... ;-)

I did email him and ask why certain employees were paid large salaries and why they were not reduced and incentivised with respect to company performance and why some of the BOD are not changed out to include persons with pharma experience, particularly in marketing, but received no response to either of those. Suffice to say things are still the same, so you wont mind me not holding my breath whilst waiting for you to receiving an answer. :-)

Bothwell

Several have asked JM the same question over the last few years and we received the same answer. JM obviously knows no more than anyone else. Maybe you should have asked why, after 3 license agreements, one to a major, JG is still paid 1.5mill USD given we are worth a lot less than before them. JM may make positive statements like this (money tree, money fountain), but he takes no positive action to put things right regarding an incompetent management and a decimated share price.

Unfortunately all large holdings will became small holdings once further cash calls are made to pay for future operations and undeserved salaries. I for one will certainly not be throwing anymore money into this one before things begin to change.

Closed at 0,285HKD today after an afternoon dominated by buys and larger buy volume than sell volume. The only thing that has lifted the share price these last few months are from Pump and Dumps and not from long-term investors. We should think ourselves lucky this cannot be shorted.

Where will the SP be at the end of next week and the week after following the YER ?

So Incredibly, I was banned until 08:00 today UK-Time for posting absolutely nothing apart from being on the same thread. "Reason given: Posting information not in the public domain". what complete and utter BS.

SpruceGoose.

Not exactly true, they are reducing the funds investment in oil and gas (as they should), but still see it as an investment.

https://www.bbc.com/news/business-47494239

Maybe they will now consider returning some of it to all the hard pioneer workers now who helped build the vast oil and gas empire there rather than wait till they've all left the room and give it to those whose contribution has been minimal.

So, board meeting announced to take place on Fri 22nd March with a prelim announcement following (after 17:00hrs CPT). Friday week.

The.Italian

Very funny. Nice to start the weekend with a laugh with a very depressing sp in the background ;-)

As did everyone else :-)

Keep the faith. Things do come to those that wait.....well so my grandma told me just as she passed away........LOL

And I'm not referring to Pizza.....LOL

Timberrrrrrrrrrrr............ LOL

Although low volume, still relentless selling. I wonder how low this time.......Anyone like to guess ?

Keith,

No problem. One does what one can in times of need....lol

Although we still are on a waiting game with the FDA, its now getting closer. RPG obviously decided to change strategy after realizing the FDA was going to be a long haul......They just didn't have the balls to correctly inform shareholders from the beginning (just need to look at the number of times approval and launch dates were announced - and this was from the professionals). These previous dates were well after the PLE 11-03-2014 Announcement regarding an agreed "unambiguously" defined path to a successful submission of the New Drug application for PSD 502. They obviously didn't understand the word "unambiguously". Anyway, we are now heading in the right direction.

Also, now that they have decided to go down the China route, hopefully things will happen a lot quicker with a major onboard and much higher sales can be achieved - Fingers crossed.

Got to keep the home fires burning :-)

FYI

Last update on the https://clinicaltrials.gov/ct2/show/NCT03578783 website was on the 4th March.

Only Georgia and Nevada left still yet to recruit.

Onwards n upwards.

And if anyone is interested.

Narcissistic Personality Disorder (NPD) is a personality disorder with a long-term pattern of abnormal behavior characterized by exaggerated feelings of self-importance, excessive need for admiration, and a lack of empathy.

For example if a balloon represents the ego, each time that persons is discussed or conversed with in any way, the balloon gets bigger. As such, the only way to reduce the size of the balloon is to stop feeding it. Fortunately LSE have provided a way to stop feeding the balloon. Its called a filter. I use it and I would suggest others do to keep the balloon permanently deflated.

If anyone is interested.

The PE market in China is expected to be huge based on population. Fosun’s ability to target PE sufferers will be mainly by using online methods. Patients can obtain a prescription online and then pay online via their mobile phone app so there is no real embarrassment factor of visiting a physician (which is what Recordati is experiencing). The online penetration for adults using the internet for purchases in China via their mobile is huge – over 45% of all adult purchases were done via online or through a mobile app. In 2016 the total B2C market for adult products was RMB 10 billion (1.49bill USD) and RMB 16 billion (2.38 bill USD) for 2017. The online shopping market will capture around 45% of those total sales (data from Fosun).

From a physical sales strategy via a salesforce on the ground, Fosun has the widest distribution capability through Sinopharm, who are China's No.1 Pharmaceutical & Healthcare Distributor.

Certainly looks promising and certainly justifies the 9m expected first year sales.

From first hand experience. In many areas in China one cannot go into a shop and leave with a product unless one has a phone to use to pay for it and Singapore is aiming to be a cashless society in the next few years. I wonder how this works if one only has a land line.........LOL

Keith,

You mean great, great, great grandchildren.............. ;-)

They don't even state "net sales".....So is it worse than what is indicated ?

I wonder if the following extracted information will be of any use to our FDA approval effort ?

During 2018 the European Medicines Agency renewed the product’s marketing approval and waived the need for a 
post-authorization study (Drug Utilization Study) to evaluate the utilization of the drug in clinical practice through 
the monitoring of prescription databases.