Member Info for bignose58

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 ???

Ahhh my bad. I was looking for the word eroxon. Ce la vie

No mention of the signing of the contract in 2023 for a new ED product which could be worth something to the company. They list all the different areas the company has its fingers in, but no mention Eroxon and how it could contribute significantly to the company in the future.

The first initials were meant to be JG, although I’m sure you worked it out ;-)

Bothwell, he really should have left “I hope” out at the end as it certainly isn’t confidence building.

Although JM has invested a few million, it certainly is a drop in the ocean and probably nothing more than petty cash to him. Surely if he was that astute, he would have changed out the CEO and Bod. And although this one day may come good, they are slowly missing the opportunity as patent periods run out. I’m not sure how long the US patent has to run or whether they can even extend it. And of course the more dilution that happens may even leave us still under water even if the company did end up with a substantial market cap.

As I wrote before, the whole thing has be handled by a bunch of inexperienced clowns. :-)

Bothwell, JM won’t respond since the A team holds 60% and all the cards. We are probably considered as nothing more than an irritation.

He is also probably embarrassed by promising so much but has only the incompetence to provide nothing.

And JM doesn’t get any better since he put him and the bod in place with not an ounce of experience in pharma amongst them. I suggested a few times by email he change them out but of course that does little since he also has no experience in bringing a pharma product to market. The blind leading the blind comes to mind.

Keith, I’m sure I will see a better return on my FUM investment since RPG are not involved….lol

You cannot blame them. They are taking a gamble (isn't dealing in shares all a bit of a gamble) it will drop sufficiently to buy more shares at a lower price. depends how you view it. They could lose out, but equally, they could gain.

If the BOD or CEO want to stop it, they need to be more proactive, but since they are not, would indicate they don't care and are not worried. Once a regular income stream can be seen, this will quietly stop as pi's will keep their investment for the future growth and dividends. Just my opinion on the matter.

Bothwell, we are all in the same boat and need a 10,000% increase, which is doable, given the market cap is only 10mill Squid. The big question now is. Will they manage to do that before going bankrupt ??? especially since Jamie's salary is now about 15% of the market cap !!!!

I wonder what the DLI lot are thinking. they received 3.79mill usd (18% of the company after dilution) in shares and then had to inject half of that 3.79mill back as cash if they wanted to keep their %. Not exactly sure if they all did, but I would guess there are some pretty pished off DLI operatives....... Well tough shti since the T/O in my opinion was all a bit questionable to begin with.

There are probably 2 good reasons….. apols for the typo ;-)