RE: HEMO. For a truly brilliant synopsis of the True Position.20 Feb 2024 15:47
The only reason anyone has left at this point to be nervous is Funding. Impossible to argue they wont go clinical, because.. THEY ARE clinical. They have not started trials yet so they cannot fail trials until they start and to start there needs to be some sort of confirmation that Prevail are happy to proceed which means they are happy with the funding situation. CBR cant fail YET because they have proven it works in VITRO with live viruses and In VIVO to produce immune cells. They have not yet done the live challenge trials for IND enabling studies so they cannot fail yet either, until they actually start. So that leaves funding..... The one single arrow in the trolls quiver. Lets look at the evidence.
28 November 2023 £500k at 2.375p, except for day before that was a whopping 0.2p discount to the prior 7 days.... But IMMEDIATELY followed a really good update on CBR.
18 September 2023 £670k at 6p, Prevail SIGNIFICANT premium paid.
26 January 2023 £4m at 2.5p - After 2 years of the SP being stuck below 2p, mostly below 1.5p and spiking again on news.
So forgive me if the idea of Vlad raising funds does not fill me with the fear of god as Stu would love us to experience. Bottom line is over the past few years EXCLUDING THAT F'ING disaster of MINT..... Vlad has raised enough cash at opportune moments when SP was up to minimise dilution and fund Hemogenyx in an uncertain environment when Hemogenyx was PRE-CLINICAL and NOBODY could borrow money. Today?
HEMOGENYX ARE CLINICAL - This opens up many more doors for funding, he could literally ask for a grant from many charities and get handouts if he wanted, not sure the level is worth the effort for him but still... Prevail already invested once when they normally dont touch pre-clinical, their very website says they fund early phase trials! This is not rocket science! Then you have Prevail trying to attract pharma investors at conferences, Americans with deep pockets who are more likely to make a PIPE investment with lockout periods and pay a premium. Mint turned out to be a disaster, but that was not the intention, every other fund raise has been reasonable, justified and no more than necessary. So this pathetic argument that suddenly, now, when Hemo have actually succeeded, when they are Clinical and can actually attract better terms? To suggest that NOW for some reason Vlad is going to behave like VAST, HZM, PREM etc and just do stupid huge discount placings? Give the man a bit of credit, he was able to develop a cure for cancer and all known viruses I think he is smart enough to think to lift the phone to Prevail if he needs more cash.