Member Info for bignose58

I see Jim’s Italian cousin is hoping for changes to the Italian constitution.

Italy's Prime Minister Giorgia Meloni is hoping a referendum on changing Italy's constitution will pass this weekend despite stiff opposition….lol

If HK and Macau are anything to go by, it won’t happen till Dec

Nothing about DLI in that article, it’s all about Insilico. I thought he was working for Regent ?

Obviously not.

Well, that was a very informative announcement. They even have the audacity to state that they would decide to pay or not to pay a dividend. What an insult and slap in the face to all shareholders.

They make ref to that yet no reference to anything else.

Its called Fiduciary duty, which they have a lack of.

Morning The.Iitalian

Confidence has alway come under pressure particularly since no PI wanted to contribute to the last cash call. The one after that was just a cash injection for shares from Jim. They have screwed shareholders over from incompetence. 12 years they have effectively been running the company and since the TO of PLE, 10 years ago, have not made a cent for shareholders, yet they are quite free in making media statements that they have returned over 260mill usd to shareholders. What they forgot to mention was they have Changed the company name twice and have only demolished shareholder value since they started running things. And still no update on China. One would think they would make some update since it’s the only thing that will save the company other than more cash from Jim with more dilution. Anymore and he may be forced to TO the company privately.

And 70% of that belongs to Jamie an his cohorts.

We are so lucky the Yoona TO failed, otherwise we would have been even more worse off than we are.

Don’t you find it interesting that every time they tried to buy a company or even went for dilution, it was always done when the sp was at its lowest ever price at the time. And when JG loaned the company money, he was paid back by JMs cash injection plus 4.5% interest. He was given the option of taking shares or being given money. I notice none of us shareholders were offered a similar deal.

He should have been given his marching orders a long time ago for underperformance. How many dates have they given us for fda aporoval ? Too many to count on one hand.

And of course. If they had the experience to know that it takes 10 years to get FDA approval, they could have gone for a 30% dilution when the company had a market cap of over 100mill squid.

Instead we were led to believe there was an unambiguous way forward with the FDA which has turned out to be full of ambiguity and 12 years with still no approval.

Of course they will use the excuse that 12 years ago, there wasn’t AI so they couldn’t ask. How long the approval process would take since they didn’t know….

Some dilution, yes. But the amount didn’t need to be as much. Ie if money had been channeled to the fda approval process 6 years ago we would have had approval by now. If they had jumped on PSNW instead of allowing them to continue for 5 years before Recordati’s manufacturer solved the impurities oroblem we would not have lost the years delay renegotiating manufacturing agreement, things would have been different. If they had not lost 3m of shareholders money on the DBC, things would have been different. If JM had done the right thing and sacked the BOD and replaced them with competent people with experience things would have been different. This has been a cluster fcuk from the very beginning. Yet we were led to believe the company was run by experienced people….

Hi Prof.

And we are all worth a lot less….. ;-)

Anyones guess, but all LT shareholders are in the same boat

I live in Singapore. They could have at least let me know so they could have bought me a beer That said, they were probably too busy wining and dining those necessary at the Marine Bay Sands before hitting the casino. ;-)

Bothwell,

I never wrote that. What I wrote effectively, which is based on historic events, was that I would think the market will wait for some sort of proof that the product is selling. I could be wrong, but given how the whole disaster has so far panned out over the last 12 years, why would Chinese approval be any different.

Since you think approval is just around the corner, wait and see. If it spikes, you can either sell or wait to see if there is any traction, however. Just remember shareholders have never been advised of any upscaling in manufacturing, so as far as we are aware its still 30k can every 4 months and Recordarti are receiving enough cans to meet their requirements, whatever those requirements might be, which surely is a tell tale sign on how sales might progress..... i.e, slowly.

Bothwell,

Although I feel there should be a rerate, history tells us that may not happen. We have always been let down by sales that it will be a case if seeing is believing. Ie, the first six months sales will be waited on. So no so predictions here.

They stated that they were getting a licensee to cover the cost for a piece of the cake and shd have had an agreement in place in Dec. The money, I’m sure will pay for bonuses and the offices in the us if those DLI licenses are not worth much.

So.I have just been rereading the announcement last March.

On 24 March 2025 that the New Drug Application (“NDA”) registration dossier previously submitted on 17 December 2024, has passed the first stage of the NMPA review process where the dossier has met all the regulatory requirements. NMPA will now proceed to the next stage of the review process where it will undertake a technical evaluation of the data submitted in the NDA, with approval expected within 12 months from the submission date.

Could it be that the submission date referred to was at the point where it states the technical evaluation takes place. Meaning that 12 months from then takes it to this March this year?

Yes, clutching at straws, but it’s all we now have to clutch at. If March passes with no announcement, it obviously means. I was attempting to clutch, but missed…. Lol

Morning guys.

Yup it does appear to be heading down the same road as HK and Macau.

and according to their last update, DLI should have sold 8 or 9 licenses by now given they were supposed to be selling 56 during 2026 (that's 1 a week if my maths is right ...LOL).

I wonder when the end of year announcement will be made.? Obviously no profit warning, but no positive profit alert either....... :o)

Must only be a few more weeks before they run out of money .... again and need to ask Jim for more, given that no one else want to commit any more to incompetence.

So, 30p+ is based on news that the analysis has been provided with before anyone else. Yup, all seems very legit to me…. Lol

If no news tmrw, we can expect nuffin till March given next week is CNY and the whole of China shuts for 2 weeks. So no news till the usual profit warning.

Ce la vie.