Happy Days15 May 2018 03:11
The facts are , Mr Trevor Brown resigned on the 8th of June lat year -
Trevor Brown, has resigned as a Non-Executive Director of Feedback, with immediate effect, in order to allow the Company to move rapidly to the next stage in its development and to devote more time to his other business interests.
To allow the company to move rapidly to the next stage ! OK ,
So how does the planned drip feed of around 47 million shares without an amicable market agreement constitute the above ( bearing in mind he must have been privy to the fact that CE was NOT going to land as planned @ that time ), The company then reverted to lockdown silent mode for 5 months ,( Which incensed TB and rightly so ) The volume traded during that period was predominantly dissgruntaled pi,s selling off + TB,s drip feed shares , Post November CE rns ----
Again low volume traded and quite frankly the company was going nowhere fast and it seemed as if all the crew @ Bourn were taking the **** and spunking shareholders valuble investment whilst on holiday in Thailand and BG was traveling the world on a jolly and
TB upping the ante and offloading @ the low 1,s again in frustration
Then ---
Hallelujah
We had that ST Valentines day TLC with --
announces that it has appointed David Crabb as Chief Executive Officer and a director of Feedback with immediate effect.
then 16th April we had AGAIN ----
"I am very excited to have the opportunity to join the Board of Feedback. We see that in many fields of healthcare there is substantial value in being a depositary of a large volume of data and even more value in being able to intelligently interpret such data. I truly feel that textural mapping of tumours will have a significant impact on the way we undertake the development of new pharmaceutical products to increase focus toward personalised treatments as well as improving the diagnosis and treatment of cancer. I believe that Feedback has an advantage in being an early mover in this field and look forward to taking on an active role as a non-executive director in shaping this next stage in the Company's development."
Creating an SP rise enabling Mr Trevor Brown to offload the majority of his remaning 20+million shares
The above activity + "47 million TB shares offloaded" has been going on WITHOUT any new contracts or JV,s or announced revenue stream in that 11 months
Mr TB now has say 7.3 m shares left to offload , Hopefuly in the coming weeks we might get another informative rns allowing those remaining 7.3m to be sold off without a noticeable drop in SP , So H218 we might finally witness some difinative progress on the contracts / sales / JV / Pharma collaborations with sustainable revenues to lift the Phoenix out the Fire and propel that share Price and Feedback plc,s prestige to dizzy heights attracting a bidding