The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
If that's what you think then carry on believing it. Educated posters on this bb know that I am only joshing in the name of entertainment. You have guessed wrong in all of your suppositions, which is very worrying. Believe what you want to believe on this bb and other ones. If it allows you to feel more loved and understood then I'm happy for you.
Destroyer,
Some of us were privately educated unlike you. I recommend you get a degree at the Open University in Manners. I think it would do you some good. I can always tell when somebody has been poorly educated and you are a shining example.
Jizzy
There's nothing "little" about me. Not on the sort of diet that I have become accustomed to. You did have another pseudonym. Don't lie. Only the other day you alluded to having another name and told me that you had already given me a clue as to who you used to be known as. I suggest you filter me if I offend you. In fact, I beg you to filter me so that I don't have to have these verbal wrestling matches with you ever few days. You are a parody of yourself. "DESTROYED"
Jizzy
Destroyer - may I remind you that I haven't had to change my pseudonym several times to continue posting messages on this and other bb's. Who did you say you used to be known as? If you think that your man guarding of this share is going to rescue the situation, then think again. Read my comments very carefully and you might just learn a few things. I am rarely wrong with my predictions here at SOU and that is why people are interested in what I have to say, regardless of whether or not I am invested here. And on the subject of which, I have already made my sentiments known over at ZIOC and people here can read my comments if they need to. I have been fairly brutal with my feelings over there despite being invested at ZIOC. I'm not afraid to tell it how I see it in other words. Maybe that's a trait that you should learn too? People then might respect you a tad more. And what's all this "DESTROYED" chit chat you keep including in your recent messages to others? You are one sad individual. I suggest you seek-out a 1980's style hospital and take up a permanent position in its mental ward. You seem to know about mental hospitals, so you don't need my encouragement. I'll ask my "fantastical" brother what he thinks when he returns home from his 12 hour shift. No spam fritters for you, Destroyer. You have been a very naughty little boy.
Canine_With_Ticks,
You can consider the situation re: BM in two ways: either he is aware that a "Deal" is coming and is happy to accept shares in lieu of a cash payment because there is a good chance he will make more money. Or that he was told carte blanche that it was the only method of payment available to him due to the ailing cash position. The RNS certainly points to the latter scenario IMHO and so it is left to BM to do as he will with the shares he will inherit. I am always sceptical when a member of the BOD is paid-off in shares rather than cash. It is usually a sign of what is just around the corner. There will be many on here who will view this as positive and others like me who see this as just another red flag. You decide.
whosthefather,
I would say that BM was given those shares at circa 12p as some sort of bonus payment and in an attempt to inject some buyer confidence at that particular juncture in time. He has now been forced to take more shares in lieu of a cash settlement, which I reckon wouldn't have been what he desired, but was probably told carte blanche that, that was the only offer available to him on the table given the current cash crisis.
It's as if they have acknowledged that the "deal" is now not taking place and that post Feb 14th, they now need to have as much cash left in order to execute a 'Plan C', which IMO is delisting from AIM or selling-off the company to a n other outfit for a pre-agreed, nominal amount, which in theory should cover and of the remaining debts and severance payments owing to various individuals / parties.
I guess all will be revealed soon enough. This reminds me so much of what happened over at MYSQ. That lesson, as you know cost me and countless others, a lot of dosh.
JTF
Soundingoff,
It probably goes without saying but when looking at how much cash a company has in its coffers, you must always consider how much debt there is left to pay too. In SOU's case, there is that circa 30 million EUROS that is owing to Marco, which is to be owed by 2021, but I suspect he will do all he can to recoup his losses sooner than that where / when possible. There is also severance payments to take care of. Even if they are to be paid back in shares, it will usually be at the expense of the good, honest shareholder who will have to be faced with more dilution. It doesn't appear that any II's are purchasing shares in vast swathes and I'm not even sure at the current market cap they can. There are no Director buys either and that may be down to SOU being in a 'closed period' due to the forthcoming "Deal", but there remain just too many unknowns. The rate at which this lot chow down on cash is alarming. There must only be a few million tops left in the trough to swill over. I think the situation is becoming more and more desperate and they certainly aren't giving off any vibe that suggests there is a pending deal just about to be penned. I could be wrong, as I have already commented, but I believe they are just about to show you all their true colours....again. Fasten your seatbelts.
Nah Table...I don't want in. Not at these inflated prices. The share price is flattering itself at circa 2p with a target price of 0.0p.
Even Herr Krudenhoffen is still awaiting his top-up. Ask Kirk what he sees as a good value price and that'll be from the number 1 disciple on here.
I don't want to see good, honest, hardworking people getting further shafted by a group of individuals who have already made enough money out of this circus show. It's time to share the money and share the love. I can't say the situation is particularly comfortable when the person who is owed so much money by SOU is your temporary Chairman. Hence why the SAG is still so relevant and important. Keep up the good work, Trellis. I'll come across to Norfolk for dinner and drinks when all of this is over and assuming you're not living in Spin by then.
ps200306,
You are one of those mug punters that is top of my list of people I will say a big, giant, "told ya so" to when all becomes clear here. Don't say you haven't been warned. You only have to tap into the vibe or see the signs. There are hardly any trades, so nothing appears to be leaking out to the market either. Take what little you can salvage now before it's too late.
Ducati,
I have been pretty much spot-on with all of my other predictions here at SOU and have always commented that I more than happy to take the stick from you lot should I call it wrong. Funny thing is, I amaze you with the accuracy of my predictions and you know it. I am everybody's favourite soothsayer these days.
This company should have been sold a couple of years ago. As long as wages are being paid here, nothing is going to happen quickly. Why would it? To appease you lot?
May I politely remind you that I am invested here. Show me some respect and stop your jibes. I want the share price to recover too, so that I can get my money back and move on. I've been held prisoner here for way too long and just want my grand back so I can put it into a company that is going places fast. This share is worse than watching paint dry. Yawn. AT's communication is practically non existent. They aren't a very PI centric company at all. Incapable of creating and hype and razzmatazz, which is important on AIM.
Unlike my window licking brother, I am actually invested here albeit with only a grand, but even I have written my money off here. I'm just not convinced enough that anything decent is going to happen any time soon to this share and you also need to man-up and accept the fact that there is highly likely to be some fund raising, possibly even share dilution taking place some time in Q2 - probably around May / June. I have accepted that and others should too IMHO. I have also said that I reckon if you're prepared to sit it out for 2-3 years you may......just may.....see the sort of share price hikes that some of you have alluded to. However, don't force the issue. I am happy to wait for however long is will take to at least get my money back and then some. How patient are the rest of you? You want your jam tomorrow and it may just not come around that quickly, so put up or shut up.