Member Info for bignose58

Good morning The.Italian.

I certainly cannot agree more , more so because it didn't "bother" the EU much to change to OTC. Yes, it may be a different market and FDA requirements more stringent, but as far as I can see most American's are the same colour and have the same number of arms n legs as most Europeans, which has over twice the population. That and given the product now has a 3 year plus history of use with all the supporting data of any side effects (if at all), which surely cannot be ignored. Even the Americans cannot be that ignorant.....lol

Mind you, if they indeed are. Maybe PLE should submit the spray as C-19 preventative (cannot be transferred through the helmet) and we might then obtain emergency approval pdq....lol

Started at 11:00, so done and dusted before lunch. Now just waiting for the upload… :-)

I expect no impact whatsoever apart from the continued decline until FDA submission announcement. Also, not expecting any US license talks any time soon. If it’s such a blockbuster, as claimed and the company is “very excited”, there would have surely been an agreement signed by now given they have supposedly been in talks since 2014 and had at that time entered into H’s of T’s agreements.

An interesting read.

https://www.todayonline.com/singapore/60-second-covid-breath-test-hsas-provisional-go-ahead-trialled-tuas-checkpoint

Although used alongside ART testing and, if positive tests are indicated a, cpc test is made, however. I would suspect if it shows high reliability, it could be the only test required ? ideal for travellers due to time constraint and cost.

Obviously still needs time to develop, but there appears to already be "strong commercial interest in the system"

Morning The.Italian

I cannot help but comment. Based on previous experience regarding their ability to keep the website updated, shareholders will be lucky if it’s actioned within 18 month of approved name change. (Remember how long they left the yooya carp on there?…Certainly well over a year.) It took them nearly as long to update the website after the change to life science company. I even remember asking JG when it would be done when we met in June 2016. First it was to be August, then Sept, then by the end of the year. Finally something was done the year after.. I mean how difficult is it to do !!! I’m sure it will be no different than anything else when it comes to company’ timelines. They may tell a good story, but they certainly have a terrible history of letting shareholders down.

Morning The.Italian,

Yup drifting down again. Certainly makes one wonder how professional the m&m's and brokers are if they cannot see an increased value from the investment. That's unless they are effectively tracking a daily decrease in RPG's value net of VXR...... lol

Yet more goings-on behind the scenes...compliments of POM.

https://www.eurekalert.org/pub_releases/2021-05/dll-dla051721.php

But still no income from this or any of the other tie-ups. Yet again, the vast investment experience of the BOD is still experiencing a drought and not bearing fruit..... lol.

I could be wrong, but given the rise in infections, slow vaccination administration and looming lockdowns, I suspect the Taiwanese launch will now again be delayed by a few months, if not more.

If anyone is interested; Singapore’s community numbers have recently been rising to more than the same time as last year because of the new more contagious Indian mutation now in play. Out of the 5.7 mill populous, 1.3mill have received their first jab with many like myself having received both. They did strictly adhere to the 3 week time delay between jabs, but have now accepted that as much as 12 weeks delay is still permissible citing the uk as a basis. Because of this, the first jab rollout will be accelerated to try and put the brakes on the number of rising daily community cases. Although Singapore is still currently one of the safest places on the planet, the government being highly cautious have put us back to a near phase 2 lockdown for the next 4 weeks.

During the T/O of PLE the HKD/GBP exchange rate was 11.95, however. Due mainly to brexit, it dropped to below 10 and us uk LT holders were better off by approx 20%, which would have been great if the company had performed well since 2016. Unfortunately, apart from the sp high in Nov of the same year, RPG has declined ever since and today the exchange rate is at 11 since brexit is done n dusted and the uk is back on track to becoming independently stronger financially, but us lth’s are back down 10%. I’m sure by the time the sp is back to a reasonable level, the exch rate will more than likely be back around 12....maybe even more. Although that’s life, it certainly was possibly another missed opportunity if one had been contemplating an early exit opportunity.

Just thought I’d mention it lest we forget how much time has passed (nigh on 5 years) since the T/O and EU launch.

Anyway, back to the real world. Onwards and sideways ... lol

Heimdal,

With you being a broker and having, I would think, many contacts locally, surely you could ask some mates why the market is not taking RPG seriously. Or is it just that the sellers have no idea about the VXR holding and the mms actually don’t care and will buy the shares for as little as possible or whatever someone is willing to sell at in the hopes of making a killing possibly later?

Maybe JG needs to do his job properly and discuss with the company broker. Or does he not care either way as long as he receives his salary and options on a regular basis ?

And still a declining RPG SP.........

Complex are the minds of the Asian investors and M&M's.... ;-)

Not forgetting the well documented pumps and dumps, market manipulation and more leaks than the Titanic.

I wouldn't hold my breath on "the big one which could come out of the blue any day" since they have not announced they have once again entered into non-binding heads of terms leading to license agreement talks. which indicates they have not yet started any US license talks.

And of course I am eager to see if having OTC in Europe does indeed add significantly to sales. If not or is indicative of still no prospects, I would expect Recordati to pull the plug and redirect the monies elsewhere.

Morning The.Italian,

Hence me writing it had plateaued as I'm sure it will be bouncing around at this level for some time.

Totally agree with respect to the FDA which I see as the only motivational short term news currently expected.

Japan was not mentioned, so I can only conclude no progress there. (that's of course if they are being honest about having them given their past history on defunct license agreement discussions).

And of course Taiwan which I doubt will even get the blood rushing regarding the SP.

Remember they have not even declared to us shareholders what their intentions are with respect to the legacy investment, apart from they will take part in the placing and it was earmarked against the ATO, which we know hasn't happened. Stranger they decided to take part in this placing but didn't in the previous one at a much lower price level ?

The M&M's and currents sellers certainly don't appear to think the VXR holding is adding any value.

VXR seems to have plateaued at the moment. I wonder when news is expected concerning progress ???

So, back to where we were before yesterdays insignificant rise.

Unfortunately , unless some interest is taken in the company, I'm sure, as before, this will slowly be sold downwards. We may see a more sustainable rise once the phase II submission is made as it will be considered a step forward.

However, given it's an Asian driven market, I would expect the news regarding the China delay hasn't done us any favours. As stated previously, this delay and increased number may well add another 12 to 18 months, at least, to the Chinese approval (if the FDA phase II timeline is anything to go by). Although we may be lucky in that we are not paying for it such that Wanbang may well throw more money at it to achieve their milestone , but that may only depend if they feel there is indeed a large market for the product and it doesn't stall like the EU launch???

Hopefully the Chinese government will provide incentives for people to go out and buy the product since they now recognise there is a problem in nationwide fertility rates...... One can but dream....lol

Heimdal,

Cheerup !!!... I'm actually as happy a pig in s_hit.

I've no problem with the product and will always be positive about it and as mentioned before intend to see it out. I just have a problem with the continued lies, misinformation and utter incompetence of JM/JG and the BOD (its been consistently going on since JG took over as CEO at Plethora in 2014). They really appear to have no interest in investors outside of their own club and certainly appear to have little interest in getting their main product to market (even JM appears to have given up on it totally). With a competent team from the beginning (2016 T/O), I am sure we would be in a much better position today. And the more they are applauded for how they operate, the more they will be as useful as f_arts in spacesuits.

We have all been here long enough for them to be honest about what is going on and as I recently stated, the market obviously appears to now consider the company as an amusement, otherwise we wouldn't be at such an unrealistic value. Currently the only new investors who appear to have an interest are day traders who really don't care if the company succeeds or fails. We, however, as long term investors, deserve much better.

Although, yes, VXR is doing well, its not what the company is about anymore, irrespective if it is a good investment or not. The company doesn't want to be associated with mining and instead wants to be taken seriously as a life science company. This will never happen whilst they keep legacy investments and incompetent legacy directors. They are certainly not following their fiduciary duties by stating one thing and doing the exact opposite.

And to rub salt further into the wound, the CEO is still paid about 4 times more than other CEOs who are being paid to run companies of a similar size. And even though they congratulate themselves for his 30% salary reduction, they certainly appear to be ignorant of the fact that dilutionary options are considered as additional salary.

Well, although not flat or even in negative territory, the rise was meagre and can be wiped out in just one day, which no doubt will happen given the relentless selling pressure the last week or two. This, I'm sure, will now continue to drift down until there is news on the US license front, which I feel, other than some positive news regarding the EU OTC sales, is not going to happen any time soon.

And regarding the MME report. I’m still utterly confused at to which can size they are going to use in the US. First it was the 12, then we were informed it would be the 20 and now they are once again referring to the 12. Do they actually know what size they intend to use? Back when the product was launched to lock in the EU approval, we were advised it would be the 12 dose cannister, (the latest presentation at the time indicated the 20, which, when questioned, JG advised it was an error and the 12 would be launched) and then, due to miscommunication with Recordati, the 20 dose can was launched and luckily just made the sundown date. What is going on here? Can anyone shed any light on this, Have I missed some sentence in a past announcement? regarding the US?

The announcement on the 11th May indicated a price of between 144 to 500 USD/can, yet now. “The survey has confirmed that a price of US$90 to US$150 is sustainable”, which, unless I am reading it wrong doesn’t appear to confirm to me a price of 144 to 500 USD? Anyone care to advise what I am missing. Is it something in the jargon I’m not understanding or?

Certainly no problem in people comin forward to invest. They wanted 50 mill squid and managed to get 62.5 mill......No doubt with some wheeling and dealing.... good luck to them. I will continue watching its progress. JM in hos Nov webinar stated 500mil squid market cap by the summer....... certainly not anywhere near that, although there are still a few weeks to go. ......... Just a few more fundraises and they might just do it.............LOL