Member Info for Billy-Bunter

There are still funds outstanding due to RF. All this is saying is that Sareum won't be going to RF for any additional funds.

B.

Hello Shepherddollar - Just sent you a message.

Bill

Go to Hinxton, you won’t regret it….

I'd love to come along too. I'm in Cambridge quite often visiting the various pharma and biotech companies there, many of whom are my customers for my business. I often stop at the Red Lion in Hinxton for lunch, which is excellent (Its has a Michelin star, I believe).

But, I've got other commitments tomorrow - I hope you have a nice day.

Bill

No, I think the current team needs to stay together until this has gone through Ph1b and a license deal is in hand.

I agree, Xviolet, that this is RF with their foot to the floor.

I will also be buying more later today.

I think they need to raise £2.5M. £2M to complete the trials and £0.5M of runway to negotiate the best licence deal.

I expect to be at the next AGM. Look forward to meeting you there PCS1954.

B.

P.S. I did the the failure to raise money when the share prices was on a high was a mistake. I told that to Stephens face at the AGM.

Aberystwyth,

I can't see any point in getting into a potentially argumentative debate over our opposed points of view.

If there is anyone I'm annoyed with its the MHRA and I lay the majority of the blame for where Sareum currently finds itself at their door.

Wishing you the best,

Bill

Having met Stephen Parker I take a different view and will only invest if he carries on. I don't see good things coming out of changing the management now.

Bill

I agree Potnak that this may in the end turn out for the best. The RF deal was pretty dreadful. As painful as think is I think Sareum will probably get through this and away from the negative effect RF has and is having on the business.

I just received the same messgae in response to the email I sent Sareum yesterday.

One way or another I think they will get through this.

B.

Aberystwyth

I did say in my message to Sareum that I was only prepared to invest if the funds were used to progress 1801 and NOT for Directors salaries.

Bill.

Yes, Corcs. That was in my message.

I hope so too.

I'd encourage anyone interested to contact Sareum: info@sareum.co.uk

You can also message Stephen Parker via LinkedIn if you are on it:. Just type "Stephen Parker Sareum" into the LinkedIN search box to find him.

Shepherddollar, seeing the size of funding you are interested in I'd definitely contact them. I'm up for £30K or perhaps more depending upon the terms.

B

I'm also prepared to invest directly and have emailed Sareum about this. I am waiting for a reply now.

B.

Update released just now. So, the financing discussions are ongoing rather than ended which is good. Hopefully the initial £15M of funding will come in this month.

B.

I agree with you, Reality10

With the path this is on with RF seeing this in the 10s won't surprise me at all.... (sadly)

B.