Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
I just had a go at a poster in a different company on another site for unfounded speculation, so I apologise if I am coming out of relative obscurity to declare that I reckon that if Nano win (as I expect) on a good majority of the claims in May (4/5 out of 6 say), then it is game over. Samsung can appeal of course, but I do not think they will. I reckon, rather, they either sue for peace or bid for Nano outright, which is what I think the share price's almost 50% rise (and still pushing on) in the last few weeks is telling you (in addition to yesterday's reassuring update of course). In other words, whom(s)ever has been and continues to buy does not think this legal process stretches over another 2 years. No way in the world......
Now that I've read through, I'd have to answer my own question with a 'no' as the commentary on the core business was almost equally bullish. Still, such an emphatic upgrade to management's confidence on the Company's litigation prospects is hard not to return to for another look With such intense scrutiny by regulators of public disclosures these days, ESPECIALLY regarding massive binary qualitatively-judged events like a major litigation, there is simply no way on earth that the decision to include the word 'increased' didn't pass the most intense scrutiny of the entire board as well as the Company's advisors.
'Our litigation against Samsung continues in line with expectations and our confidence in a positive outcome for the company has INCREASED (my capitals).....' Just that one word nearly makes reading the rest of the report anti-climatic.
dactions - read my posts for that guidance
And what is this nonsense about 'ramping'?? The bloody shares are suspended. We're going to get a bunch more information on funding, how the merged business may work, etc, way before we re-list I'm sure. This strikes me as a decent, potential 'get out of jail free' card at this point for a holding that I had written off. At the very least I don't see the downside when the sp is already at 1p.
wow, stacy, so you're M.O. is to spout nasty, ignorant babble first and ask questions later, I guess. Fox prior to this deal was a micro-cap struggling to overcome Covid and myriad other issues as their contract wins over the past few years have clearly too sluggish to create value. However, this deal will allow the legacy shareholders of Fox to benefit immediately from ending up as shareholders in a much larger group where we get a larger portion of that group's merged market cap than our undisturbed valuation would have implied (ie., we get paid just for providing the listed vehicle to start with) and THEN the combined group shareholders, of which we will all be a part, will ALSO benefit from ANY increase in sales from the new relationship with Eco. It's patently moronic to try to minimise any such new, predictable business for FOX when our existing sales are already modest. Otherwise, FOX can and will continue with any other strategic efforts they were intending to pursue outside of Eco. It's a classic win-win and you're a standard muppet who rants before thinking......
No, unv, you didn't read the RNS carefully. No one is acquiring anything with a '£400k loan'. That money is strictly for working capital to move the RTO forward. The key phrase of course is, '....Fox Marble intends to undertake a significant capital expansion, including capital reorganisation....'. In other words, the combined company will be out looking to raise a material amount of fresh capital interested in investing in the new Group. As for suspensions such as this, you're quite wrong: there is clearly no financial problems at Fox prompting this, so such suspensions almost always end with the shares re-quoting as normal, with just the suspension time wasted. Finally, if you don't see marble as a housing building material, and the potential synergies for Fox as part of a housing building group, then I'm not sure I can help you on that.
This is pretty exciting. I believe I know the Aussie company that Eco Buildings have evolved from. These pre-fab housing businesses are largely recession-proof as demand is coming from both ends of the economic spectrum, from 2nd and 3rd world sovereign governments prioritising dealing with refugee crises, to higher end builders. Not only do we Fox shareholders now end up with a material part of a competitor in this growth industry but overnight, this puts the legacy Fox Marble business as a favoured supplier to it. Exciting possibilities.
To the extent that the hedge fund's short position is based on the short note that was 'published' (quite likely a paid-for effort btw) some time ago and has been pretty comprehensively debunked (my own research but also simply by the Company's recent profit upgrade, telco JV, and capital return announcements), then all this hedge fund has left really to comfort it is the recent decision to exclude BVC's UK listing from index inclusions. That's, now especially with the buyback, a pretty flimsy premise on which to continue to hang a rather large short position. Subject to market conditions of course, expect the share price to continue to rally into the 17 March AGM and the official starter's gun for the buyback.
All it means, parsnip, is that, after the company gets official permission to do the buyback from the shareholder vote in March, their agent will go in the market more or less every day as a buyer of BVC shares. The rules on such activity are quite strict as per the percentage of daily volume the Company is allowed to buy and of course the price (ie, in effect, they can't go in to buy 500k shares at 75p when the shares are trading 100k shares a day and closed the previous day at 50p). In other words, the restrictions are there so that the Company cannot be seen to unduly influence the price. Rather, the price appreciation should primarily come from other investor/traders - ie., 'the market' - now knowing the Company sees its shares as so undervalued that investing some of its free cash in them is seen as a providing a return on that cash equivalent or even better than alternative investment opportunities. Further of course, going into the market to buy shares is immediately less risky for other market participants as they can be assured that from now on, a deep-pocketed, large-scale buyer who knows BVC's prospects better than any outside investor possibly could, will every day until the 45m shares are bought, be in the market cushioning any potential selling pressure. By the end of the buyback, Parsnip, the Company will have 45m fewer shares in circulation. I haven't noticed if the Company has declared they will be 'cancelled'. If so, then BVC's valuation measurements, like most prominently its price/earnings ratio, will look commensurately better, furthering the share's attractiveness to future investors.
Daddy's comments are a touch profane, but largely accurate. The 'post' is certainly well presented, but easily debunked and sometimes shockingly inaccurate. I will share some point-by-point rebuttals soon, but it really is largely a pile of poo and I would not be shocked to learn enismore themselves paid this muppet to write it.
With no business yet attached, 'voice.com' just sold for $30million. What value 'chill.com' which represents the mood and feelings towards an entire industry in cannabis......https://domainnamewire.com/2019/06/18/record-breaker-voice-com-domain-name-sells-for-staggering-30-million/
I explained that, yeo: I believe that he's been using meaningless numbers from LAST year's annual report which are completely exaggerated by the write down of the legacy oil and gas business. I've also discussed my burn calculation in previous posts. You are a bit too high at 200k/mo gross, imo, and I believe the company continues to book significant enough revenues monthly that net cash remains comfortably above £1.5m. There is nothing approaching a cash crisis here. It is a disgusting lie from winny
Total, unadulterated crap. Among the multitude of pernicious nonsense, winny uses some moronic monthly burn rate from the past annual report where the company's numbers were dominated by massive write-downs of the legacy O&G business. He knows that yet he 'publishes' it anyway and uses it to make the most outrageous claims of the company running out of cash within days, rather than the reality that they have close to the £2m reported for Sep month end, by my estimation. As for the 'FCA', more total crap. THERE IS NO INVESTIGATION OF THE COMPANY and winny knows that too. It is pure projection by one of the most immoral and unethical humanoids I have ever come across.
yes they would, billy, and 1. we do show some - 1/4m - in the interims' AR, so therefore 2. I believe any balance will have been invoiced this quarter (actually Oct-Jan, which is 4 months) and therefore will fall into the current AR total; ie., after the 6month to September period reported in the interims.
I have just posted this on the other board, and I believe it should answer some of the more meaningful questions about sales/revenues and cash on hand: '......The reconciliation of reported orders and the £1m in revenues is just working capital, ie., the difference between orders received and the 30/60/90 days given to customers to pay ONCE THE ORDERS ARE INVOICED. Therefore, the company will be receiving some of those cash revenues in this current quarter and some of the sales orders will not yet have been invoiced, but will be. THERE IS NO SALE AND RETURN POLICY AT THIS COMPANY as I have said many times, no matter how many times winny and his baby birds repeat the lie, so all of the reported sales orders thus far will come in as cash revenues. period. As a result, the company's current cash position - another of winny's 'gotcha' points - which of course would not appear in any company's interims - will likely be roughly unchanged from the £2m reported for the 6 months ending in September as the company's burn remains remarkably low (below 150k) and the company will continue to receive cash from previously invoiced orders coming due......'
If shareholders had agreed a drinking game beforehand where you downed a pint every time this morning's RNS mentioned the word 'brand', there would a lot of drunk posters here. THAT WAS NOT AN ACCIDENT in my view. Whether its Scott Greiper's testimonials or commentary from the CEOs, the simple reality here is this: Building a brand, as vague and overused as that term may seem at times, is nonetheless the true golden ticket in this space. And, like any golden ticket, it is rare as hen's teeth. In fact, it is generally recognised that the CBD/marijuana market has no company yet to achieve anything approaching a national brand presence, with current market leaders like Cannadips opting for almost the exact opposite; ie., developing a regional identity around a (very) limited suite of products (see 'TAAT' as well, though it is obviously years away from any kind of brand awareness along the lines of what I'm referring); and 2. With that backdrop, today's appointment announcement takes on even more significance. It almost screams, 'You might have thought our rhetoric on this topic was a bunch of blah, blah, but we are dead serious that Chill Brands (there's that word again) can and will be the first true international brand in the CBD/TFN space. THAT'S why we are expanding our product suite beyond any other competitor already; THAT'S why we have marshalled our cash thus far instead of spunking millions on marketing to date; THAT'S why our product awards are so important; and THAT'S why Scott Thompson has joined our board after 40 years covering the entire matrix (products and processes) of our rapidly expanding universe....' Aside from the massive upside for the share price on achieving, or even approaching, this goal, take a moment to consider the value implications TODAY of recognising that this is now even plausible, never mind clearly underway. For instance, What value a company's - with among the industry's widest product offerings, which has already decisively penetrated the highest growth sector within it, smoking cessation, with best-of-breed products - INTANGIBLE assets?? For instance, considering all that, does that perhaps shed a different light on the value of CHILL.COM? We don't know what they paid for it, but as Scott Thompson's arrival surely implies, it's worth a hell of lot more today I reckon.