Member Info for Bimini

The AGM at 2.00 tomorrow.....any predictions as to what the CEO and his executive are going to divulge other than the annual results....this is their platform and chance to clarify and set out in detail the future extremely important steps for AVO.....come on guys give us an insight on your viewpoints before the starting gun at 2.00.

Upcoming in 9 days is the AGM and predictably the market is showing its opinion of the likely outcome of that meeting: the published results, a re-iteration of the future potential of the machine, news on funding and a lack of firm timelines from a project planning point of view......this is reflected in the drip, drip, drip of sell orders for the past days.....it is sad to keep having to repeat and bang the same drum but if this is what happens then as previously forecast the sp will be in the mid/high 20's until "proper" news from the BOD is put out....when will they learn!!!

Predictably the sp is dropping as investors lock into the fact the absence of meaningful timeline information points towards no CE certification earlier than Q4 at the earliest, likely share dilution again to refinance the huge executive and scientific payroll, share options being exercised to make "at least some profit" and of course the AGM and usual face saving future market size and other comforting comments...conceivably we could now see the sp drop once again into the high £0.20's...I respect the earlier comments by 938MeV below and will appreciate his insight.

News last week via RNS great apart from no true line on when full final validation will be achieved....AVO leave it open once again to ???? June - Dec ....if they do cannot give an indicative guidance to a targeted month within a 6 month period that suggests a problem in the overall project management...following the news last week the trades today totalled £42K BUY and £14K SELL and the sp drops.....why....last weeks exercise of circa £450K OPTSIONS might give a clue ....I would appreciate the LTH viewpoints....the next RNS will be for additional funding and further dilution in my view.... I hope I am wrong!!!

Tech Update 11.2.2021: The Company remains on track to have a fully operational LIGHT system with a 230MeV beam, which is the beam energy needed to treat patients, during 2021 and the Board currently expects this to be in the second half of 2021. Actual treatment of patients, which is anticipated shortly after the LIGHT machine is fully operational, remains dependent on the Company's clinical partner, University Hospital Birmingham NHS Trust.....So confirm fully functional machine is now operational....and what are the next steps to bring this machine to the market...another delay will be disastrous to the sp.....Hartman, BOD, Executive give us a clue!!!!!!!!

Like all, I am looking for a positive and successful outcome based on anticipated news. As a LTH I certainly do not wish to be instrumental in causing alarm....but...based on views expressed over the past weeks I have just reviewed the RNS's since early 2019....Hardman reports total 8 for which are hugely supportive but at a cost!!!..Funding reports 3 raising £28.6M since 9.4.2020....how much now left in the piggy bank.....Technical Updates 2, 8.9.2020 and 11.2.2021, Investor Update 19.10.2020. This sums up the shareholder news provided by AVO over the past 18 months apart from the annual report meetings which were "orchestrated". Any news before 31.5.2021 is better than none!!!!!

Over past 4 weeks small blocks of heavy share selling....£100K/£50K plus ....backed up by grand support at low point £0.35...very difficult to work out if inside knowledge is involved or the big boys/options not confident....only news is going to make this transparent.....buy now for the RNS now due in April....AVO cannot delay longer or the SP will drop further and refunding will be problematic....TAKE OVER ....views?

Curious your input mirrors the feeling of most LTH's as regards the lack of meaningful feedback from both the BOD and AVO and their spokespersons. Repeatedly beating the drum on the depth of the market, how well placed AVO is to take on this challenge, complex technological output largely beyond the comprehension of the majority is now tedious. Give us a detailed profile of the major points of interest - validation and completion programme dates, manufacturing arrangements, sales orders and prospective countries/clients, present cashflow and future funding needs (not as previously, notified only after carried out), first treatment date and venue, news on Harley Street, completion of IT machine programming et al.
If this information is not forthcoming by the end of May it does not auger well!!!

The sp is holding ground at circa 0.40p in spite of numerous sell orders matched by few very high buy orders....this suggests to me the heavy boys are watching this stock and are positioning ready to pounce on the posting of positive news. Technical updates were last posted in Sept 2020 and latterly in Jan 2021.....the time is nigh for another technical update which I believe will be far more upbeat than previous ones as the validation and testing of a fully operational machine nears completion. This will also trigger news on manufacturing contractual agreements, potential sales/leasing proposals, first patient treatments and of course the inevitable funding requirements....however bear in mind that the biggest P&L cost is the employment costs which should have been considerably reduced by the impacts of Covid.
Fingers crossed I am reading this situation correctly because this is the huge leap in the sp we have been waiting for!!!

Ok Meldrew, Max, Parky....all LTH and waiting to pounce...me also....jointly give me your take on the next meaningful expectations in say the 3/4 months....I expect another fund raising before any news is put out and one can only hope the next one is the machine works and AVO are not putting on "extras" before getting the model working....last RN....price expectations as and when that comes out??? Thoughts Guys.

A goodly question afrc....the sp remains reasonably steady at circa 0.40 but dropping steadily over the weeks from its high of 0.49....without news and a further very small dilution, it will drop further...inevitable...however if AVO come out with positive news in the next 3 months then the sp will spike....unlikely in my book...look to Q3 for the update and buy as price drops....that is what the Big Boys are waiting for and they will beat us to the punch if we are not invested when such news is forthcoming!!!

As expected sp drops on timelines for fully validated machine by Q2 2021 followed by positive active trading taking it back up a few points....agreed refinancing will be required to support the validation and production of 8 or more machines annually but the big picture is now AVO are nearly in a position to start taking sales orders and a follow up RNS will be put out within weeks...the sp will then drive upwards at pace....investors now know the sp will take a huge leap on further positive info and investors are coming in to protect against losing out on what they have been investing in over the years together with "clever" investor who now see's only the upside. I remain confident we will see a huge lift in the sp this year....

Great input over the past days from many of the LTH's and some with useful input from new names. This share not touted as far as I know by any publications in the lead up to New Year has attracted unexpected interest with the activity today....not seen in over 1 year....this has taken the SP up some 20% from late last year....the funding issue will need yet again to be addressed shortly and to secure a GOOD deal the company will need to advise on delivering a fully validated working machine.....once an INDICATION on this coming on stream the SP will hit the highs we all seek and will go at a rate that many will miss unless fully invested to protect against missing this RNS....that is what this activity is about...all other aspects are incidental at this point...once proven, sales orders, manufacturing ramp up, finance follow...we need confirmation the machine will be validated (date TBA) and this will provide the impetus required for the SP to hit the levels forecast and allow the BOD to exercise their share options!!!!!

I accept totally the comments supporting the possibilities in 2021....the mere fact that yet again AVO pays a substantial amount of money to produce a report by Hardman to identify everything we know, other than the critical factors of true exact time lines, upcoming funding issues to underpin the upgoing admin costs and manufacturing of machines, referring to "possible orders".....if the machine is validated and fully functional in 2021 is a question which remains unsupported by this report and AVO BOD.

As expected the sp is dropping as punters pull out following no indicative timeline dates offered at the Investor Presentation for a fully validated functioning machine (probably understandable because of Covid) and most unlikely update until the second quarter of 2021....that said it will offer up the opportunity to await the low points at which time it will offer the chance to buy in to average down ones overall holding price......I will certainly be looking to do this as will many...keep the faith in the short term.

Barely 3 weeks since the allocation of circa 11.3% share dilution by way of Options for the "boys club" (albiet exercisable at £1.00) another giveaway of over 6% at a price of £0.30 to Investors (hidden under an umbrella of "other investors") for over £7M which follows the CEO in last weeks presentation saying we have over £10M in cash and options on further monies IF required to see us through to a proven machine. The only guideline offered on delivery in the presentation was a fluffy a proven machine capable of treating patients at 230M available sometime in 2021....where is the project plan detail?......if the current monthly cash outlay is plus £1.3M per month....do the maths.....extraordinary lack of clarity and display of both greed and ineptitude.

Where is the Presentation posted?

7 Days to go before the Investor Presentation at 2.00 Monday next. The market appears to have swung positively towards the BOD offering up a positive and clear picture of the planned emergence of a fully validated working machine during the course of next year....this necessarily, based on the last RNS, will include the introduction of the fully documented manufacturing and production of the first tranche of machines and the installation and treatment of the first patients at HS.
I have been sceptical for many months and I hope I am now proven wrong and the sp continues its upwards trend!!!

In view of the total obfuscation in the last RNS which merely repeated "news" from the last quarter of 2019 together with an AGM which the market took as a "non-event" the company is now, 10 months later, going to make all clear at the Investors Meeting in October to make all clear. The early proposal is to hold the meeting in The Outer Hebrides at 10.30 PM at a venue TBA, with no cameras allowed and a few select investors invited. The SP is dropping by the day and activity for AVO on the AIM markets has slowed to a dribble. Quelle demise!!!

Since 8.8.2019 Hardman & Co have put out 6 supportive reports on AVO....the one on 8.8.2019 was headed up "Nearing End Goal". The last meaningful informative report by the company was the Half Year Results dated 30.9.2019. The overhead per annum is now circa £20M.....every month cash exits the door at the rate of £1.6M. Over the past 2 years the share price has been diluted and diluted in order to fund the company that refuses to inform shareholders of "true and meaningful" progress. The mere fact that extremely wealthy businessmen continue to put in substantial investments is because they are given a very attractive deal and MUST BE fully informed of the true company potential including timelines......we the LTS are not....this is what galls us. At this time, nearly one year down the line, patience is waning mighty thin and the sp remains stagnant and will drop until such time as facts are made clear!!!!