Member Info for CJ39

This has left shareholders in a tricky spot. It’s not necessarily definite bad news which is why I’d be reluctant to sell, if all is resolved amicably and they both work together then things can be better with some clear timetable of future payments. If that does happen I hope that shareholders will be kept more updated on these payments as the uncertainty of these payments and not knowing how much or when the next milestone payments are due after this $5.5m makes it hard to make investment decisions when not knowing the likely income stream.

If EVG do get this $5.5m I would definitely be looking to sell on the spike because it could be a long while before significant developments after that.

I am in agreement that SFX-01 has potential but unfortunately everything takes so long here. You’d be better off waiting for the day when they have a secure and regular income stream.

I think if I was holding this share I wouldn’t sell at this price. As others have pointed out it looks like Stalicla are going to take this into phase 2 this year, as mentioned on their website.

I don’t know what Stalicla are playing at but there is clearly a breakdown in understanding of when milestone payments are going to be received, as EVG clearly were originally under the impression at the start of this deal that they would have received the $6m in 2023.

It does kind of make sense why the lack of clarity and confusion as to when milestone payments were going to be paid. I bought into EVG as EVG said that they would receive $6m from Stalicla by end of 2023. Then without even addressing this EVG changed that guidance to ‘up to $6m in 2024’. At the same time there were posters saying that phase 1b was completed in August and a milestone payment was due but no news of it being received. EVG do appear to have been kept in the dark about when payments would be received.

I was critical of EVG for these inconsistencies and lack of communication with its shareholders but it would now appear that Stalicla have been difficult and it’s not clear why.

I think the alarming part of today’s RNS was that it states ‘as announced on 16th Jan, EVG has been working with Stalicla on delivery of the milestone payment’. It doesn’t sound like discussions held so far have been positive at all.

Unless there is a positive and amicable resolution quickly then this is going to be a major problem with the lack of trust between the partnership, not knowing when any future payments will be received or worse still Stalicla pulling the plug on the deal.

It has been an absolutely rubbish last 12 months for EVG, Juvenesense pulled out, expected milestone payments delayed, no new deals signed despite Huw attending many conferences in Britain and the US, cash flow reducing, share price falling significantly.

I hope for the shareholders it will be resolved positively.

To be fair, it does seem that EVG are due milestone payments and it is strange that Stalicla have not yet made the expected payment.

I hope for the shareholders that this will be resolved in good spirits rather than cause some friction.

I am sure this share price could tempt some people to buy some shares, it could be a nice quick profit but if the Stalicla deal falls through it is surely game over for investors.

I would absolutely not want to invest £50k in this. You must be loaded DS to invest such a sum.

If I had £50k to invest I would happily have invested in Flutter this year, probably not right now as it’s trading high. I have my largest holding in Aviva. It’s not the most exciting of shares and it’s struggled in the last year bit 31p dividend per share would make you close to £4K a year from the dividend from £52k worth of shares.

I hope it works out for you DS. You are one of the decent people EVG posters unlike the others.

I love that. Call someone a troll because they are critical and sceptical of the company. Your comments may have some credibility except for the fact you’re missing one key point. You do realise this is the lowest the share price has ever been? In April 2019 the share price was 23.4p. It is now about 1.6p. If you bought £10k worth of shares at that date less then 5 years ago your shares would be worth £684. So it’s being a troll to be critical of a company who’s share price has fallen so far? Are you serious? Do you think people buy shares for the fun of it or to try and invest and make money? You clearly aren’t bothered about shareholder value.

If anyone is a troll it’s you. People like you are responsible for people coming on to these messageboards and investing in dud shares. If you listened to people like kingalf you would have saved a lot of money.

Mozax, EVG will never ever get that money. There is something people are totally overlooking here. If SFX-01 is effective why would Stalicla potentially pay EVG $161m in payments plus royalties when the could buy the company out for about £10m right now?

Stalicla know that EVG are short on cash with no other income streams. What is to say that the delay in these payments isn’t part of a plan to pick EVG up for peanuts later in the year?

Someone knows something.

There are a lot of people who think the Stalicla money is coming any time now, some even suggested this week. I would be very surprised, the last update by EVG two weeks ago stated:

The companies are engaged in analysis and interpretation of Evgen's recent Phase 1b healthy volunteer PK/PD study and the implications for a future Phase 2 trial in ASD

Anyone who thinks that will be done in a couple of weeks has rocks in their head and should go and see a psychiatrist, they are mental.

XxPoorInvestorxx it’s funny how you are critical of Kingalf and I for our criticism of EVG here, again mentioning why are we here when not invested yet I see you are on OBD giving it the same sort of criticism and predictions that the share is doomed.

I noticed you didn’t respond to my question as to what you are hoping to sell your shares for here.

Even if EVG get the $5.5m from Stalicla this year they are bound to find themselves back in this same position in 2026 with money running out again.

I know you’re absolutely adamant that this will turn around and the share price will increase. Are you willing to say how many shares you hold here? And what share price do you hope to sell at?

You have to ask why have they decided to sell such a huge holding now? If there is a strong chance of positive news that would see this share price increase why would they not wait? They are not daft.

Seriously what sort of people are running these companies. Everyone I’ve followed has ended up going bust or the share price falls massively. I don’t remember ever seeing a successful one.

One to stay clear of - EVG, that’s a real dog of a share.

It has been 10 months since we last saw the share price at 440p or higher. It used to be what I considered the fair average for Aviva shares, I always saw the fair range bouncing between 415p and 465p.

The share price absolutely does deserve to be above 440p, Aviva are performing excellent and the dividends are fantastic here.

No idea where the share price is heading but glad it’s at a decent level again.

01234, oooh you didn’t like hearing about that did you? That really did trigger you.

Apologies taskmaster.

It is crazy how much tax we all pay, in the State’s eyes all we are is an income stream and a vote. They keep trying to find new ways to tax us, things like ULEZ, carrier bag tax, police speed camera vans everywhere. If they can find to make more money from us all they’ll find out and exploit it.

The Benefits system is a complete joke, I worked for DWP in the past, it’s a disgrace what is allowed to happen, so many people choose a life on benefits and they aren’t much worse off hard honest working people yet have every day off to do as they please. PIP is also a joke, I know someone claiming PIP care and mobility and they walk their two big dogs each day, he’s always washing his car, it’s just totally abused by those who want a free ride.

: ) that is comedy genius. He’s read that claims have increased thinking it’s insurance claims but it’s benefit claims. It kind of sums up a lot about the type of people commenting on these message boards though.

I’ve seen it happen so many times, people invest in an AIM share due to the ramping and hype on these messageboards only for it to go pear shaped. I got sucked in before.

It’s why I always have time for posters who are more cautious about a share, they can save you a lot of money. Hope this works out ok for everyone.

It’s an interesting share price Davey. Wouldn’t take much to make 50% profit at these levels. I think everyone agrees if EVG get the $5.5m Stalicla payment in the coming months it would keep the company funded until the Spring 2026 and would certainly see the share price rise to the 2.5p - 3p mark. But then it will be probably ages before any more money comes in and back in a similar predicament to now. I wouldn’t want to hold this as a long term investment, looks like it would take years to materialise. There could be opportunities short term.

However today’s RNS doesn’t sound like the payment is imminent and I don’t think anyone knows what to make of the final sentence regarding EVG have not anticipated any milestone payments from Stalicla in its financial forecasting.

Let us know what you do. Good luck with it.

Thought we had seen the last of you PoorInvestor.

As for the RNS, it would help if EVG had explained the significance of this credit facility.

It doesn’t sound too great IMO, from the wording it sounds like any milestone payments are still a while away, as they are engaged in analysis and interpretation of the study and implications of a stage 2 trial. Sounds like months away before the conclusion of this.

Also is anyone else concerned that EVG state that they have not anticipated any milestone payments from Stalicla in its financial forecasting. Doesn’t sound too encouraging. Not looking good here sadly.