Member Info for ForFXSake

I agree it's never as cut and dried as it seems but I do believe these hedge funds have too much power to control the share market through shorting so I welcome any news which exposes such practices.

I believe that shorting has its place in certain global markets, where prices tend to move in a relatively restricted range and there is huge liquidity, but shares are a different animal. The valuations of companies can be unlimited and shorting can be an extremely risky affair, particularly for retail investors. I think this has given hedge funds an advantage and the ability to control price action. They probably have the power to negotiate more favourable terms under which shares can be borrowed than a retail PI gets from your average spread betting firm.

However, what we may have witnessed this week is an example of how collectives of retail investors can wield similar power. What we will probably see as a result of this though is more punitive action against the retail brigade in the form of increased leverage restrictions etc..

A bit off topic but did anyone else come across the news concerning RobinHood & Gamestop this week?

It's basically a brewing controversy in the US about elite hedge fund corruption. Gamestop was a small company valued at about $20 a share which was heavily shorted by hedge funds. Retail investors didn't agree with the valuation though and piled in. As a result, the share price rose to around $480!! What happened then was that a large number of brokers suspended buying across the board and would only accept sells, driving the price back to $150. What is worse is that, in the case of the Robin Hood brokerage, they allegedly sold retail client holdings of Gamestop without permission, fuelling suspicions that they were acting to protect their elite hedge fund clients at the expense of retail PI's.

This is now causing ripples all the way up to Congress and has shone a big light on the activities of the big shorters. The brokers have had to revoke the suspension on buying and the valuation is rising once more, well beyond what the company is actually worth but hey! Market forces etc..

The shorters are currently down to the tune of 19bn! It seems that the little guy might just come out on top this time.

Fingers crossed those retailers get wind of NFX before too long ;0)

Don't spend all day wondering that.

It will be very important for her future remuneration too.

The question is, will it be a fundraiser or a will it be a deal signing (most likely followed up by a fundraiser)?

Place your bets, ladies and gentlemen.

I could be missing something here but even the chart appears to be going anywhere but up...and the Bid is still the lowest it's been since I foolishly bought in.

I think Zak may need to give his tea leaves another swirl.

We've had enough BS already with all the past dreamy podcasts and press articles.

All I want to hear right now is news of a deal that secures some kind of future. Once I know that this company isn't on its last legs and is finally moving in the right direction, then I'll probably be interested a 'coffee-morning' get-to-know-us type interview with the new team.

Right now, at 2.6p, its red-alert, all-hands-on-deck time as far as I'm concerned....which is why I was a little dismayed to hear that our new CEO's initial priorities had been on setting up a private real-estate company instead of focussing on the development of cocrystals. I don't personally subscribe to this multi-job, plate-spinning, jack-of-all-trades mantra that appears to be fashionable amongst PLC directors these days. I wonder if those that do it can be as committed as they should be.

Scratch that, I've found it now

I can't find anything for Altiba on Google. Where did you come across that Soup?

I'm beginning to think that some of these plc's are just vehicles that are set up to milk funds out of PI mugs like us just so it can provide salaries to boffins who have better things to do with their time.

If it is Vectura that you're referring to then I don't believe that they would be interested in snapping up NFX. I don't think they are interested in anything other than delivery methods for treatment. They provide services to other pharmaceutical companies which enable them to deliver their treatments via inhalers.

I could be wrong but I don't think their business model is to market their own treatments as such, they just earn royalties from others who use their delivery products and services.

Fair enough. That sounds reasonable.

Nor does a search of Nuformix patents

It may actually only have cropped up because Ebers is referenced in it. I'm not sure the patent is actually on behalf of Ebers

I found this one in addition to the David T Joanitis patent you posted last night:

https://patents.google.com/patent/US9376367B2/en

It seems a bit older (2016). If you then click on the link to 'similar documents' and scroll up to the docs listed under 'Cited by (38)' you will find a link to the Joanitis doc you posted last night. There does not appear to be any link to an NFX patent here. Whether that is good or bad, I don't know but I would have expected to find NFX cannabinoid patents in the same way.

I do think it is important. This was promoted as a collaboration that could yield up to 51m in future revenue. We've barely seen any of it. As an investor, I would like to know if that relationship has now changed.

Info about Ebers seems to be difficult to obtain. I did a quick search on Ebers patents in Google. I found several, one of which was posted by Soup last night. None of the others seem to be linked to NFX.

The only info I can find in relation to Ebers/Nuformix patent collaboration is a news article in which they state they are proud to announce that one had been filed.

I'm assuming 'filed' means submitted for consideration. There appears to be nothing after this so I cannot work out the current status of that filing (I don't know the ref number).

So I can't tell if it has been accepted, expired, rejected or cancelled. Maybe Soup knows more.

I don't know why we can't find anything. I would have thought this information should be in the public domain.

News on anything would be nice.

It's only because of the efforts of people like SoupDragon that we actually get to find anything out at all

So if Ebers are filing patents for tech invented by US scientists in the US then I'm guessing that their perceived reliance on NFX cocrystal technology is now no longer the case?

"So not actually sure now if this patent would relate to NFX???"

I'd keep that under your hat if I were you Soup. The Twitter P&D brigade will be most disgruntled after piling in like they did.

Also, if it does heighten the risk of NFX being taken out then surely our many potential partners in Asia will be aware and will want to ensure they strike a deal on NXP002 before its too late.

Our "man in Japan" will be run off his feet at this rate!