RE: Now on my way home..1 Jul 2022 20:56
Hello OB,
Camberwell is a nice place. Im on the other side of River Thames. I liKe going to country side for a day trip but i get bored if I stay there for too long.
Im only reading what is said here and on the Telegram group so i dont have any other source of information. There was a mention of other parties that were interested in VAL201. I think we all have a comfort zone. I think Suzy has hers and I feel she is not comfortable working with big biotech companies. Maybe she doesnt get as much attention and control as these two guys are giving here. I might be wrong here but I think Suzy's two most important needs are "Significance" and "Connection/love". She wants to feel important and connected to the people she is working with. This is why she replies to all our emails (connection/love) and she is craving to build her own legacy (women's health). She wants to be known in the industry. To be centre of attention.
I would never have shut the doors on other clients when I accepted TX. I would have kept the doors open and maintained some pressure on TX. TX has the exclusivity but this does not stop me talking to other parties that were interested. This is why I said that running a private company is very different to running an AIM company. You need to build a safety net and in private sector your safety net is not the shareholders but the 2nd or the 3rd party that were interested (survival instinct). TX is a start up and most of these dont even start. Too risky for me. If Suzy was in private sector this mistake would have put here in bankruptcy. This is why your choices and decisions are very different.
Look at the most successful companies Apple, Microsoft, Tesla, Google, Amazon... they all have major shareholder ( funder/owner) still influencing their decisions or running it. So we need a major shareholder on the BOD. Someone who understands the work and has a skin in the game. Someone who will lose big or gain big if wrong decisions are made. Then you will see a transformational change in the company!
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