No
Hello all, it's been a while but i thought i would have a look in to see if this BB was still in existance, good luck with your future investmenta/gambles and i hope you make your money back somewhere else, ATB.
The answer is nothing other than the name Motif and that's not really an asset ,so they have no assets, the tax loss is credited to Mofif inc in America so no tax claim on any loss, they have no money in the bank, vertually broke.......
This stock is never coming back, it's all over i'm afraid, so posting stuff like this is going to 10 bag, it's not even going to ba or even b,
Sorry for those who have lost their money, but i did warn you all what was going to happen, GL with your next gamble........
same to you, just be carefull when people sre shouting on the next share you loo at, how its going to 100 bag, do YOUR research first.........
when will LSE take this board down??? i am guessiong soon after delising.........
lol, i would not of bought these at any price, it was as plain as the nose on your face these would delist and the gamblers would end up losing their dosh......
like i said "good luck on your next gamble................
This will delist and it will never come back, i don't even think a RTP will even happen, sorry for you guys that have lost out........GL on your future investments/gambles.......
Told you this would be delisted........
all these new cars will be those matchbox ones, delisting coming soon...........
From recent results.........
Liquidity and Capital Resources
The Company had US $0.8 million at 30 June 2020 and US $0.6 million in cash at 30 September 2020. The Company may require additional capital in the future and to the extent that the Company raises additional funds by issuing equity, its existing stockholders may experience significant dilution.
Not long now until delisting, even if they get a deal done(which i doubt) the dillution will be so big the shares will be virually worthless.
GLA
It's ok i have found the answer.....
The Company no longer has control of Motif BioSciences Inc. but does retain a contractual interest in any upside in consideration, above what is owed to Hercules Capital Inc. ("Hercules"), at the time of monetisation, should the iclaprim asset be monetised by Hercules. To date, the Subsidiary and Hercules have been unsuccessful in monetising the iclaprim asset, and it is not clear when or if they will be able to do so. If there is a monetisation of the iclaprim asset, it is also unclear if there would be any residual available to the Company's shareholders above what Hercules will be owed at that time.
The Company appreciates the support and patience of its shareholders through the restructuring and current period and will continue its efforts to deliver value to shareholders, ideally by completing an RTO as opposed to de-listing from the AIM Market of the London Stock Exchange ("AIM"). Though the Board has been and continues to actively seek RTO opportunities, there can be no guarantee that the Company will be successful in sourcing an appropriate RTO candidate or completing an RTO transaction in the time remaining before its shares are de-listed trading on AIM in late January 2021.
So what date does this delist then......
soon be all over lads, then everyone can move on.........
Your all better just moving on as any gamble here is a losing ticket, i'll be back for the delisting rns in jan.........
Me posting does not mean news, next news will be in January regarding delisting.................
Even if administration does not happen, the dilution will be so huge it will be virtually wipe out anyway, will be like making everyone a drink by pouring a bottle of cordial in the Atlantic Ocean to make it
Think like i have said a few times, administration is next.......
No rumblings, like i have said delisting coming soon, only interesting thing to come is how much money has been gobbled up in salaries and having a good time on investors dough.
The next update will be the late full year results.....
The update after that will be the delisting RNS.........
lol i'm hearing things are progressing well......
what a load of carp..........lol
Haha unlucky man utd....lol