A fantastic summary30 Jan 2025 21:14
Courtesy goldbutler on advfn.
A prefect summary and some of you need to remember the treatment of rank and file shareholders at polx...
"This ,current,CEO Dr Von Jacko and Board of Directors all highly paid in cash, bonuses and options has the sheer effrontery to use words in relation to the China patent such as
" in our mission to optimise lung health globally.....when the time is right,".
3 years after applying for FDA approval and almost 6 million in cash and options for Von Jacko and the Board of Directors .. together with a fund raise which lasted almost 18 months - which he "discussed" with Bracco and Nukem and allowed them to take almost 35% of the company.
When you consider the price and amounts subscribed for by Amati and other UK fund managers - in earlier funding together with Brokers sales and revenue figures - it is not difficult to see the utter failure to move the share price.
When is "when the time is right,." for this CEO to address shareholders and update the market
on the first de novo sale - previously announced
or the results for year to December 2024
or the Application to FDA -forecast to be in the last quarter of 2024
or the long covid study in the UK
There are those on the other board claiming that commercial traction isn't all about
Sales and Revenue -
Have a look at the share price and share price graph and director share buying versus directors fees and salaries and options. And the 1.2 billion shares in issue.
Shareholders on AIM are the last thing on this CEO von Jacko's mind
this is all about him - and his directors and Bracco and Nukem