Member Info for bignose58

Matt, It seems quite apparent to me that JG doesn't read what is uploaded, irrespective of what it is (announcement or presentation etc)......I mean he didn't even notice that Ireland was no longer on the EU phase 2 launch list and had to go back to Recordait to ask why !!!! As such, Im sure Dr Mike was correct since it would make sense for Recordati to relaunch in the UK.......Even though sales were meant to be low (which I only take form the fact there was no sales push), Im sure given there are 60mill ppl which makes it one of the top EU countries, there has to be a few thousand who are wanting the product...Unless of course what they are saying is that the men in the UK have no sex drive.......Yikes !!!

Pom, I cant even spell it...let alone say it..... :-O

So with that 4 mill Euros....that's gives us about 7mill USD total cash in the bank (after taking off a little for Jan, Feb n March).....

Need our go between to enquire......... Ollllliiiieeeeee....................... "Well that's another fine mess you've got me into Stanley........."

I heard someone tried, but he kept running away........apparently they were playing the old keystone cops tune (or was it the Benny Hill ending tune) at the same time....comical....LOL.....

Nice to know that Recordati are very prompt with their payments...... a very good sign....... :-) None of this....."Oh the cheque was sent 6 weeks ago......." or "Honest we sent it....we will have to now cancel it and issue a new one......." ;-)

Now wasn't there some poster on here writing that the payment would not be recived for months and it would be triggered not by wholsesaler sales...........Can anyone remind me who that person was....errr.......poached egg comes to mind.........LOL.

Matt, My error.....just seen what you were referring to .......... at least a little more progress........ Come on Jamie....we want more....more I say.....more.....LOL

Matt, That is indeed correct, but I'm sure there has been nothing out on the 2nd 4million euros payment or part payments due now. Are we talking at crossed purposes..........could be since all the announcements are written vaguely..... LOL

The Italian, They already confirmed receipt of that payment in the announcement made on the 24th October 2017......21 days after the amended licensing agreement had been signed on the 3rd Oct. We surely should have received the 2nd payment by now or definitely at least 2 or 3 fifths of it.......

Matt Not forgetting the EU5 launch 4mill Euro payment which should have been received by now............

I noticed that too......its as if all this was written a couple of months back................."A key milestone for the Group will be the commercial launch of Fortacin� in Europe. We are pleased to report that Recordati has placed its initial purchase order and manufacturing has been completed, with launch supplies released to the distributors in early February 2018. Launches have been scheduled in France, Germany, Italy, Spain and Portugal for February and March 2018" Nothing inspiring.....hence the slow sell off and drop..... although "Our net asset value per share was approximately US cents 8.642 (HK cents 67.53) at the end of 2017"..........really ??? And. As at 31 December 2017, the Group had US$2.25 million in cash.......Hopefully the 4mill Euros comes in soon....otherwise !!! "While it was disappointing that profitability could not be achieved for 2017"............This would indicate they expect profitability for 2018.........??? And he goes on to wrie a lot about the global econmomy....... Does anyone think he may be alluding to something ? And finally...."Maintaining and actively monitoring its existing and strategic investment in The Diabetic Boot Company Limited (�Diabetic Boot�), together with the continued equity accounting of the investment."..........Well I never...is he really that interested ? A slow burner.........

And the results are OUT.....

Totally agree. Fingers and legs both crossed :-)

Or something is up.......... This certainly seems to be taking a long time.

Hi Matt, I was referring to the money we have given to the DBC (incase you my have read my post otherwise)......... If I were JG, Id be knocking on their door asking what they have been doing with the money. Particularly since he already announced to us at the time that they had already started selling the product. We have not had one proper update on current progress. It seems to me that because its not his own money, he is not that interested in finding out what they are doing. It currently appears as if its all just written off. I remember emailing JG about the RTO by LIFE when it was announced, his response was one of disinterest although he confirmed that there would probably be some dilution, but certainly gave no sign of concern. I really felt he was uninterested ....maybe because it was forced on him by JM ?

Pom I understand that, just seems constant selling pressure each day. All those small sells don't really provide any encouragement to somebody looking in. It does seem currently as if the company doesn't have much interest in practice what they have been preaching. The DBC is starting to really look like a white elephant....... no news and the worry as to what the money has been used for. It surely cannot have all been used on Xmas and new year's parties...... :-) I wait with bated breath on the content of the AR due to be posted any minute now.....

SORR, Seems some are now just desperate to get out since someone offloaded over 2mill this morning and accepted 0.335. Pretty hard work for some in staying the distance now....... Talk about incompetent PR/investor relations from our own company. Makes one wonder if the BOD truly believe anything they have written on the website re becoming one HK's largest Pharma's....... Surely if they were dedicated in making this happen they would be out touting the company. They surely cannot be thinking one product will make this happen and without any investment PR.....

Noye = Note.....grrrrr fat fingers

Noye Commercial sales is ref in the same announcement as between RecordatI and the wholesalers.