Member Info for Bluebelly

'From Corporate actions:
'The New Tiziana shares are to be issued to us by DTC statement approximately 14 days after the effective date. Once received we will arrange to deposit these with our International Custodian. During this time the stock will not be tradeable. Once the shares have been deposited, they will be issued to entitled holders. These will then be tradeable and attract a live price on portfolios.'

Approximately 14 days to issue to brokers, then.
We will arrange to deposit with our International Custodian, then.
Once the shares have been deposited, they will be issued to entitled holders, then.
These will then be tradeable and attract a live price on portfolios.

So almost definitely not for another couple of weeks!!!!!

BB

2 weeks was the time line given, so hopefully today.

BB

Hopefully tomorrow TLSA will show up with a value for UK holders and you will be able to trade them. I'm not sure how HL trading happens, it might be by HSBC overseas platform at an increased cost. Check your messages from your broker.

BB

TT
Unfortunately we were not IPO'd. As can be seen on the attached list for Nasdaq IPO's:
https://www.nasdaq.com/market-activity/ipos

I'd never heard of the quiet period, but you are correct it lasts 40 days from listing:
https://www.thebalance.com/what-is-the-quiet-period-on-wall-street-357644
The quiet period begins after the business and underwriters file to register for their IPO. It lasts until 40 days after the stock starts trading. During this time, the company must not release any new info about the business.

Good effort TT. I've emailed the Company about trials and presentations. Iffff I get a reply I will post anything relevant!

BB

It should be double that after consolidation.
II still shows my old holdings and zero value for Accustem and Tiziana.

On another note:
No trials started in October, so all three estimated start dates missed.
No updated Presentation - Last presentation was April 21. It appears nothing has changed,except for delays and silence!!!

BB

There is no more information available to us, as far as I'm aware.
Poor show.

BB

Yes

BB

Yes
TILS shares will convert to TLSA shares (divided by 2) and commence trading for UK holders around 4th Nov 21.

BB

Accustem Voting
1. THE SCHEME BE APPROVED AND THE DIRECTORS OF THE COMPANY BE AUTHORISED TO TAKE ALL SUCH ACTION AS THEY MAY CONSIDER NECESSARY
2. THAT, WITH EFFECT FROM THE PASSING OF THIS RESOLUTION, THE ARTICLES OF ASSOCIATION OF THE COMPANY BE ALTERED BY THE ADDITION OF THE FOLLOWING
3. THAT, SUBJECT TO AND CONDITIONAL UPON THE SCHEME BECOMING EFFECTIVE THE US ACCUSTEM DIRECTORS BE AUTHORISED TO DO ALL SUCH ACTS AND THINGS

You have until 13:59EDT on the 29th Oct to vote(18:59 UK time).

No further information has been divulged AFAIK.

BB

Thanks for the update Paul.

BB

Ask your broker, as the various platforms have different rules for their account holders. Some won't allow US stocks.
If yours does, you will need to fill out a W8BEN form for Tax purposes (US/IRS) . Again, your broker will have the form/or supply a link to it.
Finally, you will not be able to trade the new shares until two weeks from the 21st October 21 (The Corporate Reorganisation date).

BB

DCR:
A statement from an RNS: Fri, 2nd Jul 2021 12:30 RNS Number : 0389E Accustem Sciences Limited 02 July 2021
'This will formally conclude the separation of Accustem from Tiziana Life Sciences plc and no further information concerning Accustem will be published on the Tiziana website. Regular updates will be posted to the Accustem website.'

As much as it grates on people/investors, this is TILS BoD's get out clause for any questions on Accustem.

BB

SK:
It's actually called ' Voting Mailbox via II account. It still shows two outstanding actions as I haven't voted yet. Awaiting an update from the company. I won't hold my breath!

BB

SK
I had two messages in my mailbox - Secure messaging in II account. Similar to this
https://twitter.com/Y94795724Eva/status/1451456279092908038

BB

RK68: SlowlySLowly posted this to add to mine.
'Here's my guess.

We've just had two very similar meetings for Tiziana. Shareholders needed to vote for a reorganisation, and then in a legally distinct meeting agree to petition the court to approve a scheme to change the domicile to from UK to Bermuda. This had to be done before Tiziana could list on the Nasdaq in its own right, and not just as an OTC listing for a foreign company.

It's poor they've not sent out a circular to accompany the meeting proposals, but we've all been wondering why the Accustem shares we've got are yet to be admitted to trading. Check Companies House: Accustem Sciences Ltd is registered at 9th Floor 107 Cheapside, London, United Kingdom, EC2V 6DN (company number 12647178). If a UK domicile prevented Tiziana from listing its shares on Nasdaq, the same will be true for Accustem. Then, hey presto, we get voting proposals for meetings that are exactly parallel for what we had to approve for Tiziana to solve exactly this problem.

I'm hopeful the company will upload a circular to their website before the voting deadline to explain everything. But, in the absence of that, this seems to me a sufficiently likely explanation that I'd suggest people vote "yes" to all the resolutions. The wait has been painful, but there's no point cutting off your nose to spite yourself.'

BB

Hi RK68 = Here's a quick couple of posts from Thurs last week:
'Bull:
Look in portfolio/voting mail box.
I have two items to vote on
1. Court Mandated Meeting
2. Ordinary General Meeting ( Not an AGM)

Are things starting to happen?

BB'
'The court scheme:
TO VOTE FOR OR AGAINST THE SCHEME (A response to this proposal is mandatory)
The OGM court Scheme Different agenda numbers:
THE SCHEME BE APPROVED AND THE DIRECTORS OF THE COMPANY BE AUTHORISED TO TAKE ALL SUCH ACTION AS THEY MAY CONSIDER NECESSARY (A response to this proposal is mandatory)

What scheme, no information or links to the scheme - May be something on the website will appear or a further update via broker as they are not listed anywhere.

BB'
'Split /partial vote option gives 3 options:
1. THE SCHEME BE APPROVED AND THE DIRECTORS OF THE COMPANY BE AUTHORISED TO TAKE ALL SUCH ACTION AS THEY MAY CONSIDER NECESSARY
2. THAT, WITH EFFECT FROM THE PASSING OF THIS RESOLUTION, THE ARTICLES OF ASSOCIATION OF THE COMPANY BE ALTERED BY THE ADDITION OF THE FOLLOWING
3. THAT, SUBJECT TO AND CONDITIONAL UPON THE SCHEME BECOMING EFFECTIVE THE US ACCUSTEM DIRECTORS BE AUTHORISED TO DO ALL SUCH ACTS AND THINGS
The Court Mandated Meeting has only the one option, as stated earlier.

So we have until 13:59EDT on the 29th Oct to vote(18:59 UK time).
If no further information is divulged, it will have to be a 'NO' vote from me.

BB'

Hope this helps

BB

Lets see if any news about the Accustem voting is released thisweek.
It would be good to know what we would be saying 'Yes' too!

BB

That's a good call slowlyslowly, I imagine they have enough votes to get this through with GC's holding and others that may know more than us 'Low Lifes'.
Let us hope they have enough respect for Accustem holders to actually inform us of what we are voting on. I can't say shareholders at this point.

BB

Split /partial vote option gives 3 options:
1. THE SCHEME BE APPROVED AND THE DIRECTORS OF THE COMPANY BE AUTHORISED TO TAKE ALL SUCH ACTION AS THEY MAY CONSIDER NECESSARY
2. THAT, WITH EFFECT FROM THE PASSING OF THIS RESOLUTION, THE ARTICLES OF ASSOCIATION OF THE COMPANY BE ALTERED BY THE ADDITION OF THE FOLLOWING
3. THAT, SUBJECT TO AND CONDITIONAL UPON THE SCHEME BECOMING EFFECTIVE THE US ACCUSTEM DIRECTORS BE AUTHORISED TO DO ALL SUCH ACTS AND THINGS
The Court Mandated Meeting has only the one option, as stated earlier.

So we have until 13:59EDT on the 29th Oct to vote(18:59 UK time).
If no further information is divulged, it will have to be a 'NO' vote from me.

BB

The court scheme:
TO VOTE FOR OR AGAINST THE SCHEME (A response to this proposal is mandatory)
The OGM court Scheme Different agenda numbers:
THE SCHEME BE APPROVED AND THE DIRECTORS OF THE COMPANY BE AUTHORISED TO TAKE ALL SUCH ACTION AS THEY MAY CONSIDER NECESSARY (A response to this proposal is mandatory)

What scheme, no information or links to the scheme - May be something on the website will appear or a further update via broker as they are not listed anywhere.

BB