Member Info for elcap

That's because you have an over inflated opinion of yourself.

Stas - I hear you. I should have said if my shares were worth multiples of my purchase price (per share) at destination.

I know there are a lot of holders who are frustrated. I too get frustrated with how this has been handled to date. That said, it has enabled me to purchase shares in the 1's and 2's. (For the record I had previously bought in the 30's and 20's but sold all at a large loss in the teens). Have bought and sold some along the way. Recent rise has enable me to claw back my previous losses and now in profit.

The up side is now significant as SP is incredibly low (IMO). So maybe I have benefited from the perilious route Art has taken. And hopefully the destination isn't too far away now, so perhaps there isn't much scope to veer to far off course in the closing stage of the journey.

Again, everyone has right to vent, and it doesn't make you wrong. But we are where we are, we either accept we are passengers or alternative (for me anyway) is to get off the train.

Hopefully we will get there soon.

Elcap

In my view Art is only interested in the destination, not the journey. If some P.I.'s have bought aticket for 20p, 10p or 1.5p (or all 3)it makes no difference to him. Once we arrive at the destination if all the tickets are worth £1 then what does it matter.

Whilst I absolutely feel the frustrations of the LTH's on here, Art won't care, it's all about the destination for him. I imagine the day 2 day SP is an irrelevance to him (as he isn't selling any of his shares).

The only real question I am asking myself is: Do I think Art can take us to the desired destination? Personally I think he can and I think he will.

I may have a different opinion as to what route to take, perhaps one that adds more value to the SP whilst on the journey, but I'm not driving the train, he is.

Do I think he can get us to the destination? YES I do. So I will hold and if SP drops in the short term I will top up.

AIMHO

DYOR

GLA

Elcap

MAJWandCo - Just popped in to this BB to find out how you are doing (apologies to all other holders). I thought you only cared about SAR. You (and your husband THE PUMA) told us yesterday on the SAR chat that today was the end of days for SAR. The SP would collapse and you were going to make a fortune form the short you had opened. You've posted over 20 times in the last few days on the SAR BB, warning us and trying to save us from ourselves. Yet today the SP has actually risen, (not collapsed as you predicted it would) and you've not posted at all.

You have shown so much care and support to us shareholders over the last few days, your non appearance had me worried. Are you OK?

And to all you Shareholders on here. You are lucky to have MAJ showing you some attention. Whilst you may all think she is an absolute tool, I want to tell you're wrong. She's just a little misguided.

Anyway big love to you MAJ.

Remember it's better to have loved and lost than never loved at all.

I'll never forget the brief time we had together.

Love ya

Elcap

(Again apologies to all the TERN holders)

Well MM's are happy to pay me 4.01 for my 450,000 shares. They're not having them but it's nice to know they want them.

I presume Mr & Mrs Shorter will be back here today to apologise and admit they were wrong if price doesn't drop. (You know they'd be back if the SP crashed).

Elcap

The PUMA is imploring us to all do the maths using his formula. Well do one PUMA.

I will sell or buy as is my wish. I won't blame anyone else for my decisions.

But in the spirit of fairness I say to you PUMA. BUY & HOLD. Ultimately SAR will come good.

Riverfort can do what they want. If positive news comes tomorrow or next week the SP is going to rocket.

If the SP drops to 20p. Guess what. I'm going to buy s++tloads!!

Is that ok with you?

Elcap

Everyone is entitled to their opinion. If it is that the SP will go to 10p, 20p, £1, £10 or collapse to nothing then great. Everyone is entitled to their opinion. What I am seeing is there are a few who are writing really low ball SP figures not because they believe it but because they want to try to get share price lower so they can get in at a lower price. Or trying to get holders to sell so the holders miss out on profits just because the non-holder didn't buy a ticket and isn't on the train.

The only real question that I would like everyone's views on is: Do we feel the SP will be higher or lower than today's price in 2 weeks time.

If the answer is Yes (great), Either buy or hold, or buy more and hold.

If the answer is No (not so great), sell up or hold, or sell up and buy more when it drops.

I for one think the SP is going to be higher, I think much higher but how much higher is irrelevant to me. My shares will be worth more than they are now.

I sold a chunk this week for 3.7, just before they went up! then I sold some more at 4.4 then I bought some more at 3.9.

I have kept most of my holding. (only have 400,000 now) but happy to let them ride for now.

If it drops signifcantly, to my average or near my average I will buy more.

Only advice I can give (not that my advice is worth anything, but no less valid than everyone elses) is to have a plan, set sell limits so greed soes not overtake you, and if you have the funds set buy limits as well, so if MM's go fishing you pick up incredibly cheap shares automatically.

This share excites me. and with a 2.34p average, I'm not afraid to say it.

GLA. I wish everyone every success. Here's to the little guy!!!!

DYOR

Elcap

Couldn't resist another top up this morning

GLA DYOR

Elcap

Well MM's are happy to take my entire holding off me if I want to sell. (Which I'm not).

So I think I'll hang on to them for the foreseeable thank you.

The money raised has been allocated to push us through into phase 1b and beyond. SAR haven't taken all of the funds available nor do they have to.

Theywill only utlise the fund to it's maximum if they need to, the only reason they would need to if the trials are continuing to have good results, so it looks to me that this is yet another signal all is on track (touch wood).

If all goes well and SAR neeed to use the full £5M I am willing to wager that the SP will be significantly higher (by many multiples) than today's level.

AIMHO DYOR

Elcap

Great news SMT. !!!

I've not posted for ages as haven't really had anything to say that hasn't already been said by the regular contributors to this board. Keep up the great work, it is very much appreciated!

As an side I've just had a cheely little top up. Only 1,100 shares but it feels like we are on the cusp of some news so took opportunity to top up at 103.8p.

GLA

Elcap

2.50 to sell, 2.55 to buy

My view is that Art (like a hell of a lot of CEO's in the pennyshare / AIM world) doesn't care about PI's or the shareprice all they care about is the destination. They will use many different funding models to enable them to get to the destination, whether the chosen funding levers pulled are beneficial or detrimental to the SP in the short term is an irrelevance to them, as long as they get to their destination they see it as a price worth paying.

If they make it to the promised land (their desired destination) then the SP will / should look after itself. If a PI is looking to be on the train when it arrives at the destination, in theory whatever they paid to get on train will be less than the prize waiting for them at the end of the line. It just depends on how much the PI paid to get on the train. That price will fluctuate widely along the journey.

The traders want to get on when it's cheap and get off as early as they can before the final destination with the get off price greater than what they paid. Then they shout negatively at the train and everyone on it in hope that price drops so they can buy their way back on. They want to repeat this as many times as possible.

If you are on the train until it's destination then the current price to get on / off is irrelevant. It's just noise. If you are trading it then you're not interested in the destination or the journey, you're only interested in the get on / get off prices.

CEO doesn't care about the passengers and how much their ticket cost. It's irrelevant to him, he's only interested in driving to the destination at the speed he want's to go at, and he's being paid a fortune to drive.

So only question is, are you hopping on and off, or are you settled in, dozing off and asking if you can be woken at the final stop. (I'm dozing in the corner, waiting for the final stop).

Elcap

I think you have posted on the wrong BB

L200 don't be afraid. You were afraid yesterday and now again today. Are you ok?

Looks like ADMIN have been busy! I imagine there a few people on the naughty step

There is less chance of a permanent adverse affect if drug is toxic testing it on a healthy person rather than someone who already has health issues.

I too would like to add my condolenses to you and your family. Thoth was the main reason why I bought SAR shares and kept them all these years. Top guy. He will be missed.

Elcap

Sneckie it depends on what you call cheap when referring to a sell off. I thought PI's still hold majority of shares so we would have a significant say in any proposed sell off. (I could be wrong on % in PI hands. If I am I am sure someone will point it out to me PDQ).

Even a cheap sale would be (IMHO) many multiples of today's SP.

FWIW I think that the further we go into trials the more likelyhood of success and equally the higher the potential sale price. (Again I think it will be many multiples of current SP).

We are now (at the very least) level, if not further ahead than we would have been had the MHRA in the UK given us the green light. The SP is significantly lower than the day that news broke, so I see a sizeable upside on that point alone.

Sentiment can change very quickly with this share. We have seen it before, and in the absence of any bad news the SP at this level represents a real bargain. (Again this is AIMHO).

Elcap