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Apart from an Acquisition or Merger, the idea that a future placing is required should now be laid to rest. The £3.8m or any part of will not be used for everyday trading purposes, merely to pay of the debt.

We can look forward to a new Fincapp rerate in the coming weeks.

Just a rerate to 19p in my view.

When the litigation was lifted back in September the price touched on 15p and would have in my view gone on to achieve at least 18p. Unfortunately the placing crippled it's long overdue rise and as I suggested at the time should have been a short lived drop soon to climb back. However, I could only conclude the market viewed the prospect of a TF debt deal as being slim at best, with no significant news on the horizon before the results in March gave them plenty of time to hold the price back. The news that did emanate in January was of course great news but any advantages from either of those RNS's would probably not kick in until 2020. The recent rise in my view was due to the overdue release from the placing zone and the return to the price set after the Illumina deal. In addition, the rising price adds to a self perpetuating outcome in that the higher the price the higher the chance of a deal. 80% of the warrants issued are now below todays market price and the deal is now more feasible. In my estimation, taking into account the lost interest, converting debt to warrants at 15p would be no loss to TF and the deal becomes very possible.

The significance of such a deal goes without saying. £500,000 a year in interest would be quite a saving and A & M's would far more easily be backed and on better terms. The company would in effect be debt free.

We should be seeing quite a few contracts coming to fruition with increased revenue showing in the next results, including Brazil, Canada and hopefully much progress in India and Africa.

GLALTH

It's pretty obvious there are a number of very bitter minded people on here. Coggins, in particular, can't get over the fact that someone took some profit on the high before the Illumina announcement. Hemo seems to object to any theory put forward regarding a TF deal. In the interview in October AR stated the TF deal was a prime objective of the company and was regarded as one of the two main objectives of the company for 2018. So please don't dictate to us about going on and on about the deal when the deal is of prime concern. Kessman seems to think the price is tanking because we need cash, where he got that from god only knows. More likely any downward movement is caused by the likes of Andymiller the gutless who can't take the heat.

You all are obviously very bitter minded people or you all have an ulterior motive for all appearing on here at the same time, very curious. Either way I have come to the conclusion that you all have a collective disorder caused by a long suffering permanent case of brewers droop.

Sorry Twix, yes of course December.

Goggins - I sympathise with your frustrations, however, if you look at the facts nothing much has changed apart from one guy selling his 750,000 lot. This is not a flood of selling and the price is not crashing. Bakky quite rightly pointed out, the MM's obviously took advantage of an order to sell 750,000 shares and promptly dropped the price in order to place the trade at a lower price. A very cheeky thing to do but that's the market, it happens all the time.

We are all anticipating good news regarding the TF debt/warrant deal, culminating with hopefully a favorable Fincapp re-evaluation. It's now unlikely this news will come before the 3rd Nov market update, however, the order of each event is irrelevant as long as we get the deal.

We certainly need more clarity regarding the new strategy. I assumed (deadly thing to do) that new contracts using the TF platform would materialise due to a re-established connection with nearly missed clients, but things seemed to have slowed down with that regard. The new strategy may be targeting more on acquisitions rather than contracts, but as I have already said "assumptions are deadly", so I'm hoping this will be made clear within the forthcoming update.

Flipper - I am running the risk of making myself sound quite naïve, however this is a perfect opportunity for you to educate me on the purpose/issue of warrants. I thought that warrants were issued particularly in this case, in lieu of monies owed. In other words they are issued as a back up or insurance for TF in lieu of the £12 million borrowed. If the warrants are taken up, the debt applying to those warrants at their existing value is wiped and TF then own's shares instead. There would at that point be no cash injection because no monies would be transferred, only debt transfer. The right off AR was referring to was the take up of warrants at a higher price from which they stand now.. My point is how can there be a cash injection of £7.8m if all they are doing is turning debt into shares.

Forgive me, I may have got this completely wrong.

I must say the world does work in mysterious ways. I was having a discussion only a few days ago about how AR could convince TF to relinquish a sizeable part of the debt in order to clear our books without any reward to TF. Obviously AR's intention was to push them into buying not only the 11p warrants but also those at 24p at a loss. Now I can only see TF doing this if at some point they get something back and a quick way to do this would be to buy the company. Some curious things were happening that reinforces this possibility. Changs wife consolidating her shares into her husbands pot for no apparent reason and Peter Collins departure, who is in fact supposed to be our chief salesman, at a time when all doors to new clients have just opened. This all may be a coincidence, however, the new deal with Illumina must have been an irritation to TF in some way to say the least, and the commercial strategy to eliminate an itch is to take it out.

To stay within the present theme I would like to add and emphasise the importance of the broader scope we have recently acquired. Certainly an important point raised Hertstrada74, our outstretch incorporating both TF and Illumina has now become an attractive opportunity for any company such as CPT to be drawn into and promote their wares. AGL gave food for thought in there recent RNS, "ANGLE is in discussions with interested parties with a view to securing one or more corporate partners for NIPT commercialisation so as not to divert existing resources from our key established cancer projects.".

Although two or three years away from commercial acceptability, their product would be an added bonus for Premaitha to offer a next stage development product. In tern, Premaitha would be an attractive platform from which to launch such a product to commercialisation in quick time.

Lets put all this useless talk aside for a moment and concentrate on what we have in place already without the additional idealistic desires like Debt deal and Fincapp reassessment. We are at a point in time that is litigation free, money in the bank and an advancing business at a rate of very near 100% per year. Any debts we owe are covered by the warrants, and a good few years to go before the warrant period expires, and that only applies if TF declines the warrant offer. Confirmation from AR that expansion will be at a rapid rate and contracts will be acquired from missed litigation deterred opportunities alongside entirely new contracts formed from the newly evolved allegiance with Illumina. History has already shown us the speed at which new contracts can be acquired using only the TF platform, we now have a new additional platform covering 80% of the market place from which to sell our goods. With NIPT sales increasing exponentially and new products already making headway, our future could not look brighter. So please stop winging, moaning, badgering, crying or self deprecating. It really would sadden me to see heads in the basket of a do it yourself guillotine or willies hanging on a piece of string from a third floor window, yuk.

Patience is not only a virtue it's an essential part of the process, our time will come.

I'm confused about preparations, Are you asking everyone to believe after 4 years of negotiations the BOD would be in a position to know when Illumina would suddenly change its mind. You are in fact saying they should have put aside an additional £2.5 million in preparation for the eventual settlement 4 years ago. It is not IMV, good business acumen to put aside substantial financial backup for an event that may or may not happen when finances are already stretched.

I'm confused about better preperations. Are you asking everyone to believe after 4 years of negotiations the BOD would be in a position to know when Illumina would suddenly change its mind. You are in fact saying they should have put aside an additional £2.5 million in preparation for the eventual settlement 4 years ago. It is not IMV, good business acumen to put aside substantial financial backup for an event that may or may not happen when finances are already stretched.

I thought you all might be interested with this summery of the market situation, taken from a poster on the Petro Matad site.

"There is not a bear market.

Presently Democrat supporting entities in the USA are trying to crash the markets, to take away the feel good factor before 6th Nov USA mid term elections.

Republican supporting entities in the USA are trying to lower the price of oil to make people have more cash in their pockets ahead of the 6yh Nov mid term elections.

Saudi (who are friends with Trump) have suddenly started talking about extra production) which if course helps lower oil prices.

Once the 6th Nov mid terms are out of the way............expect the US markets to bounce back up strong and also the oil price will start to climb upwards to 100 US$.

In the meantime..........enjoy the falling prices until 6th November, then buy strong and hard across the board imo."

I thought you all might be interested with this summery of the market situation, taken from a poster on the Petro Matad site.

"There is not a bear market.

Presently Democrat supporting entities in the USA are trying to crash the markets, to take away the feel good
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factor before 6th Nov USA mid term elections.

Republican supporting entities in the USA are trying to lower the price of oil to make people have more cash in their pockets ahead of the 6yh Nov mid term elections.

Saudi (who are friends with Trump) have suddenly started talking about extra production) which if course helps lower oil prices.

Once the 6th Nov mid terms are out of the way............expect the US markets to bounce back up strong and also the oil price will start to climb upwards to 100 US$.

In the meantime..........enjoy the falling prices until 6th November, then buy strong and hard across the board imo."

Absolutely right Flipper. The RNS of the 4th October is in effect a contract for the distribution of a new product, although having said that they did not sell it to us as a new product, more so as a new contract. I have to agree a significant material change is in the offing at some point and could well be the debt deal. However, to appease the man and my good friend with the doddering old git hat on, I will say this is all just guess work. I think we all agree the ingredients are in place to move this forward, we are just waiting for a positive market environment and a trigger to set it off.

The FTSE 100 was down 100 this morning and is still hovering around 90 down. You cannot expect this not to have an impact on AIM stock. As I said yesterday, if you have a list you can see a sea of red clearly. Nothing wrong with our little company, all companies are effected.

I agree AR did make clear the debt deal was pursued but did not stamp a defined period to complete. I am anticipating good things from this so called new strategy and feel sure all will be revealed within the next few days.

Best of luck

Flipper - firstly, debt relief with TF was not promised. The company is however, in negotiations to manifest some kind of deal.

Regarding the present SP, IMV every shareholder should, as I do, follow a string of specifically selected shares, maybe 50 or 60 and monitor only those shares. This maximises the limitation the amount of information one person can accumulate over a given time and allows the opportunity to evaluate how specific market movements effect those shares on a daily/weekly basis. Everyone should know that within the last 2 weeks the US has suffered overwhelming drops which in turn effect the Asian and European markets dramatically. Our FTSE 100 is no exception, dropping 700 points and this shows clearly in red across the 65 companies I watch. What is significant is that the bulk of those companies have fallen far in excess of/in comparison to Premaitha. Premaitha has in fact hovered around the 9p pre issue/placing price that gives me tremendous confidence when the market stabilises to see our share price brought back to its original pre placing 15p.I am also confused as to what additional information you were waiting for besides the new strategy for the company, the potential debt deal with TF and the updated/ revised company assessment by Fincapp.

Yes, bring on the sale at 24p, I'm all for it. The longer we sit at a low price the chance of a takeover increases.

Kessman - I feel very disappointed that you did not achieve 7.7p at the last opportunity. Maybe if you scream your negativity a little louder from a higher rooftop you might just get another chance.

Flipper - firstly, debt relief with TF was not promised. The company is however, in negotiations to manifest some kind of deal.

Regarding the present SP, IMV every shareholder should, as I do, follow a string of specifically selected shares, maybe 50 or 60 and monitor only those shares. This maximises the limitation the amount of information one person can accumulate over a given time and allows the opportunity to evaluate how specific market movements are effect those shares on a daily/weekly basis. Everyone should know that within the last 2 weeks the US has suffered overwhelming drops which in turn effect the Asian and European markets dramatically. Our FTSE 100 is no exception, dropping 700 points and this shows clearly in red across the 65 companies I watch. What is significant is that the bulk of those companies have fallen far in excess of/in comparison to Premaitha. Premaitha has in fact hovered around the 9p pre issue/placing price that gives me tremendous confidence when the market stabilises to see our share price brought back to its original pre placing 15p.I am also confused as to what additional information you were waiting for besides the new strategy for the company, the potential debt deal with TF and the updated/ revised company assessment by Fincapp.

Yes, bring on the sale at 24p, I'm all for it. The longer we sit at a low price the chance of a takeover increases.

Kessman - I feel very disappointed that you did not achieve 7.7p at the last opportunity. Maybe if you scream your negativity a little louder from a higher rooftop you might just get another chance.