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Jarv, Volz was first mentioned by the company in November, and likely to have been in discussions long before this. It really doesn't take that long to negotiate a deal for something this critical in the middle of a pandemic. You've got to ask why the delay and the company needs to address shareholder concerns. What have we had since the GM in which they acknowledged shareholder frustration and promised to do better? I think we've only had one tweet, which I thought was poorly managed.
L&L, you state that "we can concur the mask is variant proof". I assume this is just desperate ramping from someone looking to sell on a spike, but please share any evidence for this statement.
Stop the ramping nonsense. Significant news will move this north, but until then we are back to a daily grind of 5% down.
We've been hearing about deals, bigger boats etc etc since November. This BB has been taken over by traders - half spouting ramping nonsense the other half spouting deramping nonsense - so you get the scenario we had on Wednesday where one tweet caused 30% rise. This then catches people in the spike who are then left holding losses when it falls which just reinforces the ramping and deramping.
1.83p on AJ Bell. You need to change your broker!
I think only 700 free masks were sent to the Bannatyne clubs and that was a fiasco. It was a PR stunt gone wrong. Please let's not return to that.
I can't see a RNS tomorrow. The RNS this morning felt to me like a rushed last minute job when the BOD saw the impact of the tweet and needed to put the brakes on with a basic, factual RNS. If they knew big news was coming, they wouldn't have felt the need to put the brakes on this morning.
I've just re-read the RNS and it does feel like it was issued to calm the SP and speculation. Because of 'changes in legislation' the mask 'will need to be registered with the MHRA' and Pro Larva 'has now secured this registration...so it will continue to comply with the necessary regulations'.
It's because the tweet caused people to think this was significant news, whereas the RNS stated that the approval was just required due to changes in legislation (perhaps Brexit).
Also, I suspect the timing of the RNS - after the tweet and not even at 7am - and lack of any comment by the company has spooked people.
Also, why a 8am RNS? Others on this BB yesterday suggested that this news didn't require a RNS, which explained why there was none at 7am. But a 8am RNS suggests that RMS aren't sure, and are covering themselves for releasing the news via a tweet which maybe also explains the brevity of the RNS.
Andip85 , fair point, we don't need unrealistic ramping, but some comment around the implications or positive opportunities that this news presents would be good.
Agree. Couldn't the BOD have at least added a positive comment to go alongside this?
Maybe the mega RNS this morning was a bit much to hope for, especially as others on this BB stated that yesterday's news didn't require a RNS. However, I would hope for some comment from the company to sustain LTHs. After the last gm they acknowledged the need for better shareholder dialogue, so surely we will get more than a tweet.
I hope this is followed up with a strong RNS, with no room for uncertainty. If there is no RNS in the morning, we need to prepare ourselves for some wild swings until the RNS lands as a few on here were looking to sell into a spike.
Lots of posters - myself included - would love to see a licencing deal, but there hasn't been any mention of this since November. Recent RNSs are about outsourcing, so even if the outsourcing deal is agreed with Volz, we are still reliant on p2f to market and sell the masks in Spain.
At 1049 the "doctor" posts that there won't be an update this week. However, just over two hours later it is "tomorrow's the day". Completely clueless! How funny.
A 'trial'? They were free samples - just ten per club - sent by a distributor who then tried to use it for marketing. Bannatyne himself said on Twitter he know why they were sending them to his clubs. It was poor PR which has hurt the Pro Larva brand.
There is zero reason for only releasing a RNS on a Thursday. This is pure speculation from a poster who has predicted a Thursday RNS for the past three Thursdays.
Dixie, this is also my fear. Some people here say that the radio silence is because the BOD is gearing up for a really big RNS, but I'm concerned that maybe things aren't progressing and now the company is searching for any positive news whatsoever. While we've had plenty of negative RNSs since the Oct/Nov spike, but these were from the old BOD, so I don't think we can simply say that no news is good news.
It doesn't take over four months to 'get the legal sorted'.