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Looks like you are very intelligent. I do agree, if they had on 30,06 100K + on that date come 100K but we does see it (the cash) on the 8th of July this exactly means that we may wait so many days after announcement that the payment be made on 14,07
Hi Jony P. Well I can represent only my opinion, As long as I do truck Hank Klakurka, He is very responsible Businessmen and He does not have financial problems, All can currently happen, that He may manipulate somehow with All the difficulties facing on daily basis. No problem at all I do repeat the address – uk11@onet.eu- if anyone want or has a wish use it.
According to my opinion we still have two more days, and we do not know that, but all looks like the payment be made on 14,07. Do we may expect some delays, no knowledge, but life is beautiful just the people fact up, We are already in at to wined, so we do not have to be worry.
The above was third and those are fourth and fifth part of the RSN info; “Commenting Executive Chairman Andrew Knight said: "We remain encouraged by the hard work and commitment that KMS has demonstrated to date. We continue to work closely with KMS to complete this deal. Both Ian Pardoe and I are committed to ensuring the successful sale of ICVT and it is for this reason that we have decided to undertake responsibility for the Company's short term financing requirements." Hank Klakura, President of KMS Therapeutics stated: "We remain focused on the completion of this agreement and are grateful to Henderson Morley for their patience whilst we finalise discussions with our financial partners.".” This part cover spoken words (comments by the party) on enforcement of the contract; The fourth part in HML words; They are very happy or glad and no need to be worry because all the necessary financial support on HML site be provided. Then KSM; They did all possible to finalize the contract, and they are happy to the fact that HML is so patience, while they are looking for the cash.
Second part of the RSN info; “KMS continues to work towards the deadline of 14 July 2010, and we will report further on any progress which has been made on or around that date. The Company had available cash and bank facilities of circa £100,000 at 30 June 2010, and has a further sum of circa £100,000 available from R&D tax credits, which will become payable to the Company following the submission of an appropriate claim, upon completion of the Company's accounts for year ended 30 April 2010. In order to ensure the Company has adequate financial resources through the period to anticipated legal completion, the Company is seeking to put in place financing arrangements with Chairman Andrew Knight, and Chief Executive Dr Ian Pardoe. These arrangements have not yet been finalised, and are still the subject of discussion with the Independent Directors and the Company's nominated adviser, given that any such arrangement will constitute a related party transaction under Rule 13 of the AIM Rules for Companies. It is currently expected that the financing arrangement will involve the issue of a convertible loan, secured on the Company. Further details will be disclosed as and when these arrangements have been finalised.” This part is most complicated on enforcement of the contract; The first sentence in HML words; KSM do all possible, but await further information. And this is all in re to letter of intent. The rest apply to AIM Rules and combination by the Board of HML to fitful these obligation. No need to further info because The Board (Mr. Andrew Knight and Mr. Dr Ian Pardoe) knows what they doing. But he have additional and very important information. They had the money in the account on 30,06 and receive cash from Revenue Department. [Research and Development (R&D) Relief is a Corporation Tax relief that may reduce your company or organisation's tax bill by more than your actual expenditure on allowable R&D costs. Alternatively, if your company or organisation is small or medium-sized, you may be able to choose to receive a tax credit instead, by way of a cash sum paid by HM Revenue & Customs (HMRC)] So this is the increase on price movement on 08,07.
Second part of the RSN info; “The Board of KMS has confirmed to the Company that it is satisfied with the results of its scientific due diligence which has now been completed on ICVT and has reaffirmed its commitment to the commercialisation of ICVT. KMS is continuing to work with several venture capitalists to finalise a funding structure as soon as possible, to facilitate legal completion of the acquisition. Whilst we remain confident that negotiations with KMS will be concluded, we remain in discussions with the unnamed non European company that signed an LOI as announced on 8 October 2009, and we will continue these discussions until such time as the sale of ICVT is concluded. This part cover some important news on enforcement of the contract; The first sentence in HML words says that to the satisfaction of HML the due diligence date has been completed. In HML words KSM moving its position to pay for HML. (The meaning apply Angela Dorothea Merkel and her cuts in re to German Government spending and not only) In re to my opinion we do not have to be worry, because as every politician, for her the most important thing is a history record. She will do anything possible to find funds based on her intention on National level.
First part of the RSN info; “The Board of Henderson Morley plc ("Henderson Morley" or the "Company"), the AIM quoted biotechnology company, today further updates the market regarding the Letter of Intent ("LOI") signed by specialist therapeutic drug development company, KMS Therapeutics, ("KMS") , which was the subject of previous announcements on 16 February 2010, 12 March 2010 and 11 May 2010.” This part is simply introduction in re to letter of intent.
You claim that you do understand English, In Re to me I have huge doubt the rest on ignore and simply please !!!!! leave me and us alone.
Nothing new as to the price movement. Some shorts closing and mostly out of LSEx. Finally they learn that the only can expect on shorts is to the fact of loses. They did purchase at ,16 - ,17 and sold at ,16 . In re to RSN info today basically all has been known to us, but some and very important news are shown, that the only condition (KSM Satisfaction) to the contract was fitful. I wonder what happened to the real time service provider. Last week they reflect the HML account in red aider there was plus and today we see fall down but they show account in PLUS. Later on I do try to translate the RSN posted news to readable or common info.
Hi Randy!!!! Do not worry, he is the one who help me do Get on this Web site after reporting me with the Interactive moderator so they did suspend me, but whatever life is beautiful just the people fact up. Any way I do not mind that, and I do not worry about the LOI, after calculation of the increase it really looks like the first payment arrive so all we need to do, is to the fact of await the next.
Hi wuggywugrat ! Don’t you think that you have a mental problem. My strong suggestion is to visit a doctor. Well you have right to yours opinion and as that for me it is all rights, time show who is wrong or right. At last I did invest my money and not yours so you do not have to be upset. Simply no reason. Moreover interactive poster on BB have in off of you so you does follow me.
In re to yours ‘or will next week be the week they sign or we get another placing and further dilution....’ the answer is not, you see we have additional knowledge and based on that we believe that HML has real possibility to become even AIM 100, all the action we see goes that direction. In my opinion there shall be not any cash withdraw as rapidly as this usually happened on the past so the investors may be more comfortable, after all the grub and run fellows go off this stock case shall move. The truth is to the effect of the entire idea to exchange stock. We investor give the money, they take and use the money thereafter bring profit to our satisfaction and everybody shall be happy. HML on the past did forgot the main issue on investors but things change, let see.
Not necessary worst, but itself usually nothing happened, you see some wise guise again trying outsmarts others. And if there be the rise today they got stock, or someone with knowledge do this purposely.
OK why not let share our point of view. You see yesterday there be to big movement UP, UP in reference to shown purchase. There be possibility that some purchase are made out of LSEx so all we see be the rise of the price. But because the most active rice has been made after 1 o’clock there be possibility that some of the payment did arrive (From America any payment be after one). So Today after one o’clock be the answer as to the issue.
Hi Randy/Biffus !!! Well I do have about 2m shares on that stock. The reason is very simple I did try to get involve some guys from interactive web page and I did make some question on few different sight on the Bio company (BB) just to learn what is going on and then exchange point of view, because there may be something that I’m not aware. But in state of that they just delete my posting and suspend my account. Moreover I’m not alone, there is few guys from the same company that invest here as well, and some other friends abroad. Maybe the most active is me, but the main Idea is to the fact to be updated. Well there always be something not to be stated because or misunderstanding and possibility of panic. So some information are posted on other pages. For example we believe that we know what happened two day ago as well as on 21 of Jun but to say that publicly may be misunderstood. [if you guys want share with us, then send e-mail to uk11@onet.eu] Basically to avoid panic I may just say that whenever money are there be someone to watch not only the money but you as well. Simply some of the wise guys open shorts and then sale the effect is simple.
Hi Randy/Biffus !!! „Do you think KMS and HML will have deal signed before 14/7” Make it clear for all; The deal has been signed and enforced on or before 11/05/2010. To understand that you need some knowledge of law. But because some viewers do not pick the idea I do try to make it little more clear. Let say – or assume that the payment does not be paid by 14/07, so the party to this deal – contract has dispute. Furthermore, Let say that the party cannot find solution on the payment issue or other arguments. So simply such case sooner or later reach the or any supreme court to solve the dispute. Now when the judges take the case to own hands, they will not care for any – title - like -- letter of intent --. Such issue be good only for pack of chickens running left and right before good diner like those from interactive discussion web side. The Judges will try to determined what are the commitment of the party to the contract. Let say that the published letter of intent, are the contract. We have their words as “KMS remains committed”, “KMS has agreed” and there after we have word expressed in writing “make the first milestone payment by the extended date”, “The due diligence is proceeding well and we remain focussed on the completion of this agreement” For the Court of Justice those word be in off to specified as commitment to the contract. So there after the Judges do determine what KSM has to do according to these commitment and then they will issue a Judgment.
Off course that there is a good news. The question still remind how good it is. Remember the announcement of HML in re; “The Board of Henderson Morley plc, the Aim quoted biotechnology company, is pleased to announce that an application has been submitted to both the European Medicines Evaluation Agency and the US Food and Drug Administration under the Common EMEA/FDA Orphan Medical Product Designation scheme” As I said before “I just heard” and must be verified there is some progress, but any way the anticipated income does allowed for HML to do at last one step in front on the short listed deals awaiting. So HML be really in progress.
Wow !!!! ???? !!!!! Nothing New, and All as predicted. Someone really want to blame me for yesterday, well it is a free country, and as that, why do not let him have it. All right bro if you believe that I buy the Brazilian cover you are on. I do not know that you are aware that the United Kingdom of Great Brittan are a free society. First of all and usually a person in the UK explaining something only or after being call by Attorney General and pleading guilty or not guilty in front of some supreme court. All I can do is to the fact of presenting my opinion or information upon research or observation. Moreover I do not know that you are aware, but we have freedom of speech here, so when the Revenue Department will call you. You be free to speak, and for now, and at last you may tell us, what did you up to? Did you ever bought HML and what are your experience in re. If you have no problem with English, you shall reed it first, and then express yourself. All happened yesterday, in reality has been posted before it happened. There is a bad news and lesson from yesterday, the fall down were not 25% but- 30,25% and LSEx consider even - 46,38% I’m still not sure that this is all.
Hi Randy !!!! All right and first of all 1-2 trades and sales is not exactly what you mean. They does anticipate these as a sell, but really those are not sale, If I can buy for ,17 all of those are buy. It is possible that some shorts are made. The LSEx on recounting, reflect + 10.81% from the beginning of this week. This stock In reality pomp up money from the investors since 2006 so the public more likely scared of the HML. Consider the HML broker, they acting on behave these interest so some knowledge they have since the letter of intention. But the worst happened to the shareholders since November. This means that HML simply do not care for the investor, or at last they do not promote in off and only negative cash flow. Based on those facts this stock would not be the one you want for now. The 14,07 not necessary got to be the anticipated day. According to released information, the party agreed to that day, but servant company like banks will take time as well. So that may take up to 3 extra day. As I did mention some shorts are set on this stock, so at the time of rising or before, these may be closed so we may see some fall down. In re to the deal signed and sealed, all this happened already. To understand that you need some law back ground, so if you want to make sure, ask any of your close friend with such degree for opinion. The only condition apply to this deal is satisfaction of the KSM. (we do not know the detailed contract, but we know that such exist and been signed) The $5m may be matter of 3 month up to one year the longest. Based on the little information released and reading between the lines shall be about 3-4 month. Now did the stock be at all seeing the way you want. To answer that you shall follow the budget for German Government. I do anticipate most aggressive action for KSM and company for the first ten years. The only servant is HML and in my opinion they be used for one year from the German’s point of view. But as far as I’m aware of life, this be extended for few more, because even within one year they does educate the KSM staffs, there after always something new come up. If you want my opinion on the price after the first cash flow, I do believe that the price be about ,30 because lots of unhappy holders and then within 3-4 month shall go to about 1p.
Well it is all over and over; It does not matter that some of the investor by shares before cash flow or thereafter. Let say it is a one box with all the shares, whenever someone buy the shares before cash flow it does increase the share value itself, so if the cash flow coming to the account thereafter, and of course be deviated by all shares in issue the value be less, but whatever be less, be already added by the investor purchase and this is why, it does not make any difference as to the price or fact of the time of investment. The difference be only for the investor, because if after cash flow his anticipated profit does not meet the expectation, he simply will get stock with the investment.