Member Info for bignose58

I fell off my chair so quickly, I didn’t have time for the 2nd f … lol

So…a new upload today titled “Terms of reference of the Nomination Committee”

What utter BS. How on earth do they get away with writing such rubbish.

Not one of the BOD has any knowledge of Pharma and what is involved to bring a product to market.

Eg… The Company should be headed by an effective board which should assume responsibility for its leadership and control and be collectively responsible for promoting its success by directing and supervising its affairs. Directors should take decisions objectively in the best interests of the Company.

The Board should regularly review the contribution required from a director to perform his/her responsibilities to the Company, and whether he/she is spending sufficient time performing them.

The Board should have a balance of skills, experience and diversity of perspectives appropriate for the requirements of the Company’s business. It should ensure that changes to its composition can be managed without undue disruption. It should include a balanced composition of executive and non- executive directors (including independent non-executive directors) so that there is a strong independent element of the Board, which can effectively exercise independent judgement. Non-executive directors should be of sufficient calibre and number for their views to carry weight.

I laughed so much, I fell of my chair. ………

And that's not forgetting the 60 odd million shares which will hit the market in the next few days.

As I wrote, SP comparison is absolutely meaningless. Its market cap which is important.

So, why didn’t they hold the EGM with the usual board meeting in August when they approve the interim results ? Are they that desperate for money ?

Also, no mention of the amount they would receive given the sp is now nearly 3 times that when they made the announcement.

Strikes me as being a bit strange….

Morning The.Italian.

One would think so, given it is significant since they state "exclusive partnership with Deep Longevity, a global leader in AI-powered aging clocks and biological age assessments. Through this partnership, ImagineHealth will distribute Deep Longevity’s innovative biological and psychological age reports to clinics, hospitals, and wellness centers across Thailand."

Mind you "Deep Longevity, a global leader in AI-powered aging clocks" is a lot of the usual BS. A bit like RPG becoming a global leader in Cannabis. I am surprised RPG can even spell cannabis ........

Or is it just another freebee ?

By 2025-2032....what does that mean ??? it could start anytime between 2025 and 2032 !!!

Using the word "by" means they may achieve significant growth anytime between 2025 and 2032 and knowing the history of RPG timelines, there is a good chance the significance will be delayed past 2032....god help us...... LOL

The usual vagueness and misleading wording by a nonentity to encourage people to sign up for their market report.

Morning The.Italian. I suppose it depends on if Jim wants 70% or is happy with 65 :-).

Mind you. If they had any brains amongst them, they would have gone for a 30% placing when the company was worth 150mill squid. They would have had enough money to see the FDA process through a lot quicker and had change spare to lose on other bad investments.

So, given that the SP is now more than double that which the recent placing announcement made ref to. does that mean they will now only need to issue half as many shares ? the EGM has not been held yet and it could very well ne that the SP is much higher when the approval is passed.

Ripley,

Although you write about SP and 5 year high....It means absolutely nothing. 5 years ago there were far less shares and no consolidation effects. You need really need to concentrate on market cap if you intend to try and make any comparison.

In 2016 the company was worth 152mill GBP yet the SP was only 0.95. How does that fit into your comparison ?

Morning the Italian,

I think I recall a similar thing happening with other documents. If I recall correctly, JG told me they were removed since they were replaced by updated documents, although from what you have posted, it would seem there is no replacement. I don't think its anything to worry about (famous last words).

And down 1.667% today.

No sooner had they gotten EU approval than they decided to produce a 6 dose can, which went t_i_ts up. The first of many delays that followed due to incompetence.

Morning The.Italian.

I must say I wasn't expecting it to continue upwards. as you wrote. Its along way off from making any income, if at all, from China. Especially with only a handful of can available. that said. given that sells are even pushing the price up, I suspect the buyers are either gamblers making a guaranteed bet on the approval (better to get in early) or could it be the company or ppl with links to the companies involved investing before a rerate ???

Anybody's guess really....lol

Oh and Ripley thanks for the continued update on your investment. its really nice to know that someone bought in at the right time.

As it slowly drifts back down. Wait a few more days and you can get them at 0.5....ce la vie.

Classic rise and slow drop back.

Afternoon The.Italian.

Yup. Same procedure as usual. Another few days and the sp will be back down where it started from, unless there is anyone else who fancies a buy in before China approval.

Just goes to show. it can drop just as quickly as it climbs. Up nearly 18% by mid day and closes 1% down.

Historically when there is a quick rise, it soon crashes down as sellers jump ship. I expect any that bought in at the low will jump ship after making 50 to 100% profit in a couple of days. its been languishing at the low for well over 12 months giving anyone a good chance in buying many lots without drawing any attention and pushing the price up.

I wonder which way it will go tomorrow, only down if the recent buyer/s have had their fill. ?

escovido,

i very much doubt it given the company is yet again about to issue a **** load of additional shares. maybe since jim will be getting the shares, which have effectively just given jim double his money without lifting a finger and in less than a week…..planned ? depends who has been buying the handful of shares to drive the price up?

as to buy back, rpg bod cannot even spell it let along approve it without any cash coming in through sales.

Dougie, if you mean back to previous levels as at a level where most will break even, then, you are looking at a market cap of around 150mill GBP, which will take ages, if the incompetent BoD have anything to do with it and if Genetic can only produce 30k cans every 4 months.

It will be interesting to see how long it lasts and how much further it may go.

It certainly makes no sense, unless those buying are very confident that the gains will grossly outweigh the 30% loss from the expected dilution in a few weeks.

Of course those buying could be clueless and not performing full due diligence, which I doubt.

Otherwise they maybe thinking that those holding shares, who know of the dilution, will offload more now if the price rises before rather after.

All fun and games at the RPG roulette wheel.

It’s anyones guess on how long it will last though.