Member Info for bignose58

Certainly a change of events. There has not been this much interest since the uk launch nearly 9 years ago….lol.

Is it one person accumulating or several.? Either way, 1mill bought which I about 1/ 30th of shares held by pi’s.

I guess a pre approval rise. I wonder how much more it will rise on the back of this (if it is indeed the reason, unless Jamie has been sacked.....) ?

Most here probably needed a 20x increase just to break even, now its only 10x......lol

Bothwell.

I think the M&Ms are marking the price up (or sellers are asking for more) since the chances of obtaining approval are pretty much guaranteed. anyone who has been following the share will know that buying now will give very good gains.

I'm sure they are probably also smiling too when thinking about suffering long-term holders who still need many multiples to breakeven, when they can buy (only a handful) at such a discount. But good luck to them for timing it right. :-)

Heimdal, not wanting to pour water on your fire, but HK took 2 years just for an import licence on the existing euro study. Then Wangbang need another 12 months to get the sales logistics sorted which they won’t start till approval is granted. And that’s on the documented 30k cans being produced every 4 months. How many of those cans will be directed to China is anybodies guess.

We have been here before with expectations, so best to play it all down a bit as the company has a track record of not delivering.

Morning The.Italian.

I wouldn’t really call it a projected market. They only suggest they are targeting 9mill in the first year. But it only depends on how many cans they have. They can still target 9 mill with only 100 cans. To me, the target figure is useless if they don’t have a good supply.

At least they will receive 5 mill on approval which won’t be used to pay off a JM loan

Heimdal.

It will only come through towards the end of next year if and only if.

1. Approval is granted this year as projected.

2. China manages to get the cans and the logistics sorted within a year.

Both of which I am sceptical about. The track record for HK was it went from 1 year to 2 years even though it was within RPGs own back yard and no additional trials were required.

Even though Wanbang has an existing distribution network, they still need to get it in place for our product and of course there has been no evidence of any Genetic upscaling. Jamie emailed me about Genetic being able to produce 5mill cans/year, but there has been no evidence of any upscaling so they are still having to deal with 30k cans every 4 months. When PSNW were onboard there were announcements made every time upscaling occured.

Interesting that sells are pushing the price higher. I wonder if this is the result of the recent pump n dump ?

I'm sure you can throw some light onto that Heimdal.... ;-)

Possibly due to the buys last week and now they need sells to fill the void. As always, its anybodies guess what is going on.

Mr Bignose to you.

Thanks for the speculation, but I do still hold all of my shares. Still some hope left for China, but next to nothing for the disastrous attempt at getting FDA approva.

Interestingly sometime ago, Dr Mike told me that if he had been given more money when needed, RPG would have had FDA a long time ago. Instead they lost close to 3 mill GBP on the DBC and 3.79 mill USD on the DLI.

Naaaa. It’s just experienced investors moving out of high risk stocks like Microsoft, Amazon etc and moving into more stable stocks like RPG, who have been shown to be value adding companies…..lol

Either that or a pump n dump as some try and offload their last few shares before the sp tanks since China and the US who are supposedly our bread n butter) get into a trade war…… lol

We should have an indication from the numbers announced tomorrow.

It is tomorrow the results are posted ?

No mention of the placing which will happen around June/July time to pay back Jim and run the company for the next few months if approval is genuinely given with 12 months , which I have my doubts on.

The next stage is. How do they get the documents out. Do they wear rubber gloves and pull the contents out. Or do they need tongs as it could be delicate.

It probably only means, after sever weeks of study, they worked out how to open the envelope.

Maybe this will help ?

https://clinicaltrials.gov/study-basics/how-to-read-study-record

Morning The.Italian. You must have camped out to get those first. Lol

Morning The.Italian.

What is interesting is that the rise was based on sells with a handful of buys (about 4 x 10k).

So, it would seem some manipulation going on particularly given that it would appear the M7M's must have purchased the shares, unless we see another rise to cover the buying of the sells with the matched system. God knows how the automatic matching process works since there doesn't appear to be any even buys and sells. I also wonder if, when the M&Ms buy or sell it is registered ???

The DLI is just a drain (and a very big one at that - probably best to just call it a sink hole) on the companies finances, although I don't know how that works given the company doesn't have any....lol.

Bothwell,

By my reckoning, the market cap would need to be about 130mill squid to get most of us back to about breakeven point, so an increase of about 13x the current sp level, which is a huge multiple, however. If the China approval were to be of interest, this is possible, it just depends on how well the product is received. They did state they are targeting 9mill sufferers in the first year, but my worry is: How many cans will they have available since currently production is 30K cans every 3 month !!!

For them to quote "targeting 9 mill" could mean 1 can or 9mill cans, although I am sure its closer to the lower figure.

Morning The Italian,

The problem with Jim continually funding means continued dilution, just from paying back the loans. As such, he could very well end up with 90% of the company by the time China sees any return. Firstly to pay back the recent loan, which is due in June, if not already spent, and then another loan to cover till the 5mill usd is released for China approval, however. The problem with that is. At what level will the sp be at each time? The lower sp (market cap), the more dilution is needed to recoup the monies to cover the loans, which, would only be covered by the A team who, based on the last call for cash , were the only ones injecting money for shares.

The DLI management must be livid since they will have effectively returned back whatever money they had invested in the first place, ie 3.79 mill usd. I am pretty sure promises were made on when they would see a return on their investment since no one with half a brain is going to sell out 6 weeks (DLI to RPG) after a series A funding only to see their investment become worthless. they must surely have performed some due diligence on RPG and seen what a huge risk it would be with the continued incompetence and failure of the company to make any form of return.

The EU has made next to no return after over 10 years (approval first given in Nov 2013)

Although it’s still a long way off, some locals may be buying on the possible China approval news, which, I expect will cause a spike. However, I still feel, based on how long it took for HK approval, we could be looking at mid 2026 before it actually happens. Who knows what will happen to the company before then with no money and loans to be paid to JM.

So, you had a response form JG or JM, both have never had a clue about the US, otherwise WE would have had approval by June 2017 as they incompetently predicted..... ;-)