Member Info for CHELSEA7

Very quiet here today, presumably most of us are just happy to see the rise last week. Nothing has changed.

For clarification and context inan didn"t say just "don"t pay attention", he said it was right not to make much more about the new auditors, certainly in respect of the rise we enjoyed last week, as i can only speak for myself here, but i don"t think it had anything to do with the rise at all.

Really hoping we can keep some momentum going now, and get some news that will drive it. Looking forward to Monday again, haven"felt like that for a while.

Dracula, fair comments too. Sounds as if you were in the wrong place at the wrong time, which i think applies to many here.

Brexit very fair comments too, you have indeed been warning people for a very long time. With an average of 27p it is very hard to know what to do except hope for the best really. I agree with your observations about certain people, although see very little to be gained at this stage by blaming anybody. We all learn a lot in retrospect from our holdings, there are up to a dozen posters on LSE that i make a point of reading weekly, just wish you luck in any future holdings you might decide to take positions in in the future.

Dracula, you posted..............."" Is there any of you that can explain to me the reason for that rise?. Seriously someone needs to ask?."""

Well it is an impossible question to answer with any certainty, not sure why you are angry at Inanaco. FWIW I did say at the time, and have said for ages, that it looked like a sign to me of the placing I expected, as i saw forward selling in the same way as many placings before. Unfortunately, as ever, my view received a normal hostile response, cries of filtered, and the refusal to have any points of view accepted other than to support the constant ramping.

This constant dismal of posts by coming from SCLP is ridiculous. Nobody wants to see anybody lose money, especially in the Biotech area as it is not good for the sector. Maybe just accept that the negative views were based on results of clinical trials which were taken out of all proportion, the constant misleading RNSs and placings, and the total understanding of funding, which we have suffered from too. In any event there are numerous people with dual holdings, i have traded VAL in the past, and perhaps you can now see why Confirmation Bias is the investors worst enemy.

You interestingly with all honesty posted "" I'm not educated enough in the science to have any opinion.""" I respected that, it applies to many of us, however, through necessity in NSCLC and research of all Biotechs involved in Cancer, from many different sciences and the Cancer Market world wide,I would say i know enough to have an opinion and it does beggar the question as to how shareholders base their research on to get so involved in any share they have little knowledge of. Worse still is the abuse aimed at anybody who has an opinion that is removed from Confirmation Bias which has been rife here for years, and expectations which have been adopted as matter of facts with little or no supporting evidence.

All the same, a little knowledge can be dangerous too, but i hope the initiative taken from Val Ju does get you all to at least get explanations to what I see as very misleading information from the BOD. Please stop these constant referrals to SCLP though, we are not in competition with VAL, it is in everybodys interest to see success in the Biotech sector on AIM. Perhaps any anger you hold should be directed at those who have posted what they have, rather than the many who have had a very different opinion. Take care all the same, and hope whatever you do achieves something. ATB

Couldn"t agree more. I know many of us were/are just happy and relieved to see the SP move up from 6p with no news.

I know with my top ups at 7.9, 7.7, and 7.5p I was very relieved!!!! We hear so much about never try to catch a falling knife etc, but well done to all those who tried, whether it be out of wanting more shares or just feeling the need to average down.

We saw last week at least 350k claimed buys from new shareholders who felt the timing was right to buy in, that pleased me, I am sure one day not too far off many will regret not taking more in the 6s. I came so close to adding another 30k at 6.6 last week, but it just comes a point when you know if you have enough, I wanted more but didn"t need more and am sure many LTH felt the same.

Inan, you made a good post on Wednesday, regarding the IND for SCIB1, listening to others here that just may prove to be an inflection point as it would release a cloud over us IMHO. It is very difficult for you guys posting about the science behind us, when the SP is in freefall, what they have done for me is to remind me of our potential value, and seeing the SP respond last week did excite me, I have genuinely not seen so many changes in the MMs positions, on relatively low volumes before, it certainly kept me busy all week!!!!

I top upped 100k because i felt we were very oversold since the GC results, despite falling another 25% shortly after, lol. We know a few RNSs are due soon, and i cant help but feel the Patent RNS will be a precursor to more Moditope news, and they are due very soon. Financially, we don"t to knee jerk, I do feel the BOD have a very clear plan as to commercial deals, they do take time to nurture and those two new appointments seem to me to be in anticipation of what is needed to help them over the line, we have been associated with ollaborators now for in excess of two years, the GC result hasn"t changed anything in that direction IMHO. So, a lot to look forward too, if anything i think the SP crash has given us much more humility, and the reality that funding is the most important issue to support such a large pipeline. Whilst Moditope seems to continue to be our biggest hopes, the reality is the SCIB platform has the funding to at least get trials moving, and i think positive news on both of those could well see us return to a M/Cap in excess of £50m in the very near future. Can you only imagine commercial deal news, and SCIB news coming together? A strong hold for me, for many reasons.

ipad i agree.

Not paying too much attention to it though, nor do i think the market did last week either.

What was notable was the manner we breezed through the 6s and 7s on not outrageous volume, just because there was some buying pressure and dare i say the absence of large sell orders keeping us down. Particularly impressed by our share performance yesterday, tremendous consolidation on the week we had.

Sentiment does indeed change quickly on AIM, mine certainly has, and looking forward to the news flow that will take us further north.

ipad I agree.

Hi Val Ju, simple answer, no it shouldn"t be an issue at all. If it is, you can always suggest you will all attend the Investor Show and demand answers there.

Never mentioned this before but i have thought for a long time Tom Winnifrith works very closely with the BOD. Do you remember the articles he used to write about VAL a few years back?? Talk about vicious, and then it all stopped, literally.

Anyway, respect for what you are doing. Well done.

Just moving on from the personals on this BB, I respect what you are trying to do. I spent most of my life in legal work around debt recovery and insolvency and just a bit of advice if you want it.

Be very sure what you are trying to achieve by getting together as an "Action Group of very disgruntled shareholders". I would suggest the chances of getting any financial recompense is zero, and the costs involved are ludicrous, given that.

What I would do, in view of so many engineered RNSs and placings over the years, just count up how much has been raised against the expenditure. The only realistic action is one where the BOD are seen as unfit Directors where a liquidator could be appointed and recommendations are made to the Financial Authorities for disqualifications from being a Director for up to 15 years, and in extreme cases where fraud, trading insolvently do carry penal sentences and Directors can be held personally liable. TBH the chances of it going that far are minimal.

Of course in that scenario your shares will be worthless and if put into administration will probably be sold to the likes of Valiseek, with any monies paid for the IP going straight to the liquidators.

I hope the point i am making comes across as be sure to know exactly what you want to achieve, definately get the backing of the correct Financial Authority, and don"t waste serious money going to solicitors. As much as i admire the intentions and togetherness, think it through very carefully, apart from releasing anger it is hard to see any way you can benefit. Probably for peace of mind, set aside a small reserve fund to get the appropiate legal advice.

Take care ATVB

Take care, and try to have a good weekend. ATVB

Buys 191k

Sells 145k

15 Trades........VWAP 7.43895.....Down 1.33%

Was hoping we would just consolidate the weeks rise today, we did. 15% up on the week

Will now take 90k at 7.37

Would have thought it was just a case of rubber stamping rather than a new case. Pure speculation too, lol.

7.37 for 70k

19.5k.................7.60

Buys 166k

Sells 145k

2 x25k at 7.44..............1 x 50k 7.49 and 7.50 just paid

70k at 7.27

25k at 7.44 last buy

Buys 63k

Sells 145k

Last buy 7.4975

SCLPRE: Konar4 Feb '19
Japan notification of grant was dated 29/1/19
Chinese was 27/12/18 (but i only just checked yesterday)

The American one was before the Japanese grant

It was a delayed 100k sell at 7.33 from 10.38

Or was it just a 15k sell at 7.32?