Member Info for JustHereForHemo

And there we go, the fake foreign troll appears aswell! Go on, get your shorts closed and naff off with your fake posts, hopefully you have made enough here shorting to live with yourself, if you have kids do they ask how you make your money? I can just picture the reply "Well, I make my money by shorting and attacking companies that are trying to cure cancer in children, sure it means more kids die, but look at my watch!". I feel genuine repulsion when I read your posts.

Pumpkin you really do fit perfectly into the "troll" box, sorry but who said LSE is solely to blame for the SP? LSE is a bulletin board. The traders whom use it are largely to blame for the SP (and no for the 1000th time I am not excusing Vlad's mistakes). HOWEVER! Thank you for posting, was waiting for you tbh to prove the point. I posted a factual post referencing ONLY a recent published RNS with relevant key dates in the coming weeks and the reply?

"LSE.CO UK is solely to blame for the SP ' 😆" From someone who has ZERO interest in contributing anything of value but whos sole existence appears to be reply something stupid to any post of any value. So, genuinely, THANK YOU pumpkin for proving the point.

Sadly you are correct, positivity on LSE is forbidden unless it comes from traders having taken a long position already.

It is considered ramping or pumping to highlight:

"Institutional Review Board (IRB) approval at the initial clinical site is anticipated by the second week of November. Following IRB clearance, a Site Initiation Visit (SIV) is expected to take place in the third week of November, marking the official launch of the Phase I clinical trial."

The schedule has been circulated already and the IRB likely happened yesterday or day before.

The Site Visit is week 3 (Friday 15th - Thursday 21st) so potentially as soon as 5 trading days away.

At which point you should be looking here: https://clinicaltrials.gov/

and here: https://www.mdanderson.org/patients-family/diagnosis-treatment/clinical-trials.html

The wording of the RNS again: " successfully completed the necessary contracts and budgeting preparations " implies that with the launch of the trial we will find details of some sort of loan or other arrangement necessary to meet those budgeting preparation requirements.

IMO for a small pharma just transitioning to clinical with an active study this would be considered "good news" HOWEVER, unless your a troll or trader it is forbidden to talk about it on LSE!

The entire volume today is only a few mil, buys strongly outweigh sells and the SP is actually blue (Spread is 1.3-1.4 yet displayed price is 1.25 instead of 1.35). Average volume last 2 weeks or so is about 2m total per day that includes buys and sells, IMO thats statistically irrelevant, there is just not enough volume to draw any conclusions.

Short positions unaltered - very little movement on here and next to no volume, tells me shorts are waiting and longs are waiting and someone needed a few thousand pounds for something and decided to sell 500k shares.

Lets face it both sides are in the dark, the bulls here expect to see some sort of funding OR financial security be it loan/grant/payment deferral AND we expect to see formal launch of trials AND we expect to see first patient injected.

The Bears are hoping for some sort of delay, failure to launch trial, resurrection of the failed placing etc.

There is no real alternative here at this point. Company goes clinical with some reassurance on the financials or it goes probably into suspension. They cannot raise with such a low SP they already tried and failed, they dont have the cash to go on for months without funds. We are not going to just float around here for months like a lifestyle company perpetually pegged at a cr@p SP constantly raising to pay the salaries while nothing happens.

Bust or Boom. Thats it. Its binary. And as I stated yesterday its even more volatile than that, because so many are short there is ALOT riding on it for shorts, if this starts to take off they have to cover the margins. Are shorts still shorting/selling to hold the SP down when it shows shoots of blue? Probably! they have ALOT at stake, they were promised a huge discount placing by their brokers and it got pulled from under their feet and now they are stuck praying for something bad to happen to validate their short and unable to do much else because closing shorts when volumes is so low is impossible without moving the SP leading to the very spikes they want to avoid.

So yea, some people might sell a few shares, none of us should care, people have lives and need cash, but the numbers are tiny its not because of "inside information". In the next few weeks we will know, either we FINALLY get into trials or company is toast. And I really cannot see Vlad letting it going bust at this point.

It will absolutely take a few weeks to know anything about the first patient, the patient wont be selected until after the trial is formally launched which is November week 3, then once selected it takes a little time to produce the HEMO-CAR-T and have it delivered to the hospital for infusion. Then ideally we dont want ANY news in the first few weeks (If something goes wrong we will know really fast), early results can only come after they draw marrow at day 30...

But lets not conflate that with "No news"

November Weeks 1/2 - Board sign off - This is very significant and every chance this gets RNS'ed Its also very likely that this is when we find out who or how its being funded at least initially.

November Week 3 - Site Visit and launch of trial - IF it was me and after so many years of waiting I would be making a huge song and dance when this trial is launched and try and get as much coverage as possible. Any publicity is going to be better than none which we have today. The site visit is a big deal, 1-2 days, requires lots of important people to be in attendance, would be very surprised if we dont see photos.

Then we have first patient INJECTED - Huge deal for any new clinical pharma, stirs up ALOT of interest.

Bottom line is "nothing happening for a couple of months" could not be even remotely further from reality, this next few weeks are going to be the most significant weeks in the entire life of Hemogenyx. They may have FDA approval and be technically "clinical" on paper but that becomes a reality when this trial starts. Anyone who wants to move on and make money elsewhere is more than welcome but provided the company provide some reassurance on the short term funding and the trial is signed off by the board this week or next? I cannot foresee any company outperforming Hemo in the run up to Xmas.

I also wanted to address the other Hemogenyx centric elephant in the room "Whats the point, when news lands the shorters take over and force the SP down anyway" or "They always win". For anyone not following the events people really need to check what players are left on the field.... Take spreadex, 61% long, there is no chance in hell that spreadex are going to allow people to go much further on their platform, 39% short is a huge risk for them. IG? 10% short, they are a very large proxy account for Hemo so 10% is ALOT of shares, they are alot more risk adverse than spreadex so I would doubt they are going to offer more, IRBK? No more shortable stock available, I have not bothered looking further than that so I hope tilly is ok and comes back to update us.

Bottom line? Shorters love to come and hammer us when news drops and take out any spike, but I have NEVER seen so many short positions in Hemogenyx in my years of following. They know money is needed, they know the company WAS looking to do a placing and may well do one in future, but point is?? THEY ARE ALREADY SHORT. They have not shorted on a start of trials spike, they have not shorted at 4 or 5p they are short TODAY at this 1.3p, and yes there are MILLIONS of shares short. When news DOES land? Of course the shorters will want to start shorting and trading down when SP spikes up, but how exactly do they avoid their EXISTING short positions getting margin called and closed? Where do they find the shares to borrow with which to short if most platforms are refusing to lend more???

Im seriously cutting back on this site, nothing to defend against right now, SP does not matter if there IS a loan coming, final thoughts for the day:

Those who are saying will never hit 10p, be lucky to hit 4p so people can exit? Even more people were saying the SP would never hit 1p and it did. Nobody knows how high this can go, when you factor in the unknown short positions? Could very likely go ALOT higher than people are predicting.

The likes of Tuan who are here gloating and teasing about the SP? They are literally doing so hoping that a cancer company fails to start human trials and save lives. Simple as that.

Have a good evening all, another day down in the first week of November... Tick Tock.

Institutional Review Board (IRB) - Does not happen on a whim, Vlad has the exact time and date this is happening, within the first 2 weeks means its happening this week or next. There is ZERO chance this meeting has not been arranged and on many outlook calendars for some time.

Site Initiation Visit (SIV) - Again, this does not happen on a whim, it is a whole day affair, its not just a "Visit" it has a detailed itinerary, it involves many staff and involved parties coming together for training, inspections and handover. It is not something that will just be popped into the calendar after the IRB if its lucky enough to be signed off. If the RNS says its happening in Week 3 you can be damn sure Vlad already has his ticket and hotel booked as well as probably a dozen others. You dont arrange a meeting like that in another state a week after the IRB unless you are EXTREMELY confident its a formality.

So what about paying for it all? Remember an RNS is NOT a beer mat, its a legal document, it states: "successfully completed the necessary contracts and budgeting preparations" That does NOT mean that Hemo hope to win the lottery, it does not mean that Hemo HOPE the SP rockets to 3 or 4p so they can hopefully do a placing. It means they have demonstrated that the funding is available and not based on luck or hopium. Which means its very likely a conditional loan, a guarantee of funds when the trial starts. And before anyone asks why would they not RNS that?? Seriously have you ever bought a house and gotten a conditional mortgage approval? You get the mortgage when you get the house and the bank has collateral, I am GUESSING they are getting a loan and I am guessing its conditional on start of trials. But its hardly like there are many other options, its the only logical option at this point. If it was unconditional or a grant they would have RNS'ed already.

Bottom line is if you read the last RNS and use some common sense we are in an incredibly good place right now with strong likelyhood of significant transformative news in the next 14 working days. Ignore LSE because looking back over the last few days there has been nothing of any value whatsoever. Its utter trash and its owned by the trolls who ALSO have to worry about these next 2-3 weeks. Even the biggest Hemo hater will struggle to deny trials starting in the next 3 weeks is not going to happen. Go check out the various sites, IG,IBRK, Spreadex and check the short positions..... HUGE... All opened when they thought a £3m placing was coming and still praying thats the case.... Well there is literally ZERO chance MD Anderson would approve start of trials if the only hope of funding was another attempt at a failed placing. Those shorts gotta close, and if they dont want to do it voluntarily taking a loss? The platforms will gladly do it for them soon enough.

Shut up and come back when trials start please 🙏

This....

Is...

A really pointless argument.

Dilutive means if today you own 1% and tomorrow shares are issued you own 0.9% of the company then you HAVE been diluted. Price paid totally irrelevant. Prevail investment WAS dilutive, HOWEVER those shares are still held by Prevail, issued at a much higher SP and did not hit the open market so Dilutive YES, damaging to shareholders? NO.

I have no idea where this suggestion of MD Anderson getting shares has come from, sounds like BS to me, they issue grants from what I can see.

Sprint: "there doesn't appear to be a placing nor a loan on the cards"

Agree or disagree, up to you, it's my opinion a loan IS on the cards, conditional on the board signing off on start of trials which should be within the next 2 weeks. I don't expect millions but I expect it to be enough to satisfy MD Anderson as per the RNS today which implies funding has been arranged. I also do believe that when the sp spikes when they actually do the first injection they will do a smaller placing using some of the remaining head room. And I expect that placing to be enough to last until February or March when I expect the MDAnderson grant to be awarded. None of this should be controversial, it's all pure speculation at this point and if you have a better guess then feel free to share.

If I end up being correct then this scenario is fantastic for LTHers and very bad for anyone shorting, even acknowledging the likelihood of a placing after going into first patient does not help people currently short as we all know this will spike ALOT when that happens, so being short now at 1.4p? Just stupidity. I'm assuming that there will be a loan, I have no proof but it's an educated guess, if it's conditional on trials starting then it's very likely someone like prevail vs MintV2, again if this proves to be correct it's excellent for shareholders.

Vlad either has funding sorted and this is going into trials or he does not and it's all over. I know which I believe.

Sprint I mean no offence but that's not how accounting works..... you don't just take how much a company has raided in x months via placing and divide by x. That's just..... yea. And you don't just assume that in year 1 they spent x so in year 2 they spent x. Like I'm sorry but your just guessing using some really odd and non standard methodology that I can't even believe you think is sane. Pingu atleast used the actual financial report.

For the record I never said they had lots or money. Nor did I every say they had cut expenditure by half. For all we know expenditure went up.

My point is your completely guessing and there is no accountant in the world would ever use your methodology to estimate cash burn.

Just say you haven't a clue, you think maybe they are spending 350k a month and nobody can really argue. But stating your numbers as fact having explained your working out is really embarrassing. But again... I have no bone to pick with you, I don't think your intentionally trolling IMO we have bumped horns over something really really stupid, and we're it not for my OCD I wouldn't have replied. Have a good evening and enjoy the fireworks (I mean this literally, waiting for a fireworks display to start)

Ok still here but about to go for lunch, Sprint again you say:

"which would mean £522k per month"

Please dont take this the wrong way but your pulling numbers out of your backside :P

I 100% disagree that there will be any sort of funding of that size before Feb/March when I fully expect it to come from the MDA Cancer fund.

But seriously, first you make up the £350 cash burn, then you casually increase it to £522k ?? Because what? your cat told you? Why would the start of trials suddenly cost £162k PER MONTH extra? They already own the Lentivirus, they are already paying their staff, they have a clean room facility and the cocoon device to produce the HEMO-CAR-T, the FDA have limited them to 1 patient per month, how exactly do you justify a 50% increase? A 50% increase again on a fictional number of 350k that is based on last years financial receipts? It makes ZERO difference what they have raised since Jan 2023, if in Feb 2023 they bought a new helicopter for Vlad and all the staff got solid gold and diamond toilets then the expenditure for 2023 is going to be alot higher..... Last year they had to pay for the extra Lentivirus, they also had CDX and CBR expenditure above and beyond. Did they have to buy another batch of Lentivirus this year? Did they buy a small plane this year?

People need to stop making crap up, you can guess at what you think monthly cash burn is but stop stating it as fact unless your their accountant. Especially when the number the trolls love is 400k which would mean the company already ran out of money and are not really still operating, its all some big illusion....... The people who KNOW are Hemogenyx, MD Anderson, Prevail. Thats it, the rest is guess work, and using last years figures to do that guess work is pointless as the costs are vastly different this year.

One post for the day, so if people want to debate dont involve me... SprintRS, you say they are burning through £350k per month..... Can you point to where they ever say this? They gave cash burn for LAST year which included an additional batch of expensive Lentivirus from WuXi which they did not plan for, reality is they have extremely low overheads with their own lab, small team and no loan repayments etc. So we dont know the monthly cash burn and we dont know whats in the bank. As for "no loan" again we have no idea what has or has not been agreed, IMO a loan is the most likely option here, however we dont know from whom, on what terms and when it would be released. Its very possible that XYZ have offered xxxK to in a loan provisionally to be signed once the Clinical trial officially starts with the funds ear marked for the trial. If that is the case there would be no RNS for a loan until we hear the trials officially launch. I have no information either way that that is the case, but its hardly unrealistic, go for a Mortgage application on a self build or new build, you dont get handed 500k, its agreed and only released to the solicitor when the house is ready to hand over, why would this be any different?

The RNS did not say "Pending on us scraping enough pennies together". For once it actually gave a reasonably firm timetable. Meeting is happening sometime in the next 2 weeks (He is not stupid enough to give traders the exact date) and Site visit in 3 weeks (Again not an idiot, ofcourse he knows when exactly but he is not going to put it in an RNS).

Maybe funding RNS does drop before hand, but it has not ALREADY dropped. For me that says it comes hand in hand with start of trials. That means a conditional loan off the back of board approval. Maybe I am right, maybe I am wrong, we will find out soon enough. Anyone want to stay short for 2-3 weeks? Work away.

Massive short position on a company valued at 15m about to go into clinical trials with CAR-T for oncology....

ZERO DEBT

Shorts had a chance to close near 1p... But no.... The REALLY LISTENED TO BS ABOUT DELISTING???

SERIOUSLY? People really think companies like Eli, Prevail, MD Anderson etc are going to let Hemo fold and go under for the sake of a few 100k?

Traders and shorters had banked on a huge placing at 1p to make them bank. GET OVER IT SUGAR PLUM, IT AINT HAPPENING, DEAD, PULLED, CANCELLED.

BOOM or BUST - Thats the options at this point. Those betting on Bust.... Again.. SERIOUSLY??? You are betting on a small company with low overheads and ZERO debt going bust? yea.

Anyway, Trial news is going to blow the lid here, Would be a brave person who bets against it landing any day, when you consider how many shorts are open... When news lands its going to get spicy. Have a good weekend and tune out LSE, NOBODY on here knows whats going on, the last bit of inside news that WAS known was a placing and look how that turned out! Stu had no idea about a prospectus and I was convinced when he suggested Eli were going to lend against CDX. So seriously TAKE NO ADVICE FROM LSE. DYOR. This mCap is not sustainable, Boom or Bust, thats your options, its certainly not 50:50 but its a binary play with not much time left on the clock, you have to have balls of steel to stay short at this point!

To be clear Sscs, that was not the aim, goal or intention when they started down that path, a prospectus takes months and when they started they did not think "Hey, in 2 months time we should be in trials, I know! Lets decimate the SP and raise at 1p!". The goal was I understand to raise a similar amount to Feb at best price possible, but the obscene level of shorting and selling led to SP tanking to such a point that eventually whole thing had to be binned. But again Pumpkin will tell us shorters have nothing to do with the SP here. As for limping forward to March just to do another obscene placing at this price? Lets be really really clear here.

This company does not survive on placings at this SP

The market is C L O S E D.

There is so much insider trading that with a 1p floor and current SP there is ZERO chance of getting away a placing.

So either the company have ways to raise funds that dont involve shareholders and the issue of shares

O R

They go bust.

If you actually believe that a company with ZERO debt, this close to trials, multiple pharma backers is going to go bust at this point? Then sell away, hold your shorts!

Im happy to accept the risk and have increased my position with this stupid price and will continue to do so where possible.

Be crystal clear, so far shorters and traders have won, they have taken Hemo to a point where its all or nothing, there is such a massive short position right now that positive news with any sort of funding and this explodes, or it goes to 0. There is no middle ground where we float along at this SP for months to March.

Plenty of LTHers have already sold up, thats their decision, but they are basing that on the SP and movements which is controlled ironically by them and others selling and people shorting. There is zero consideration for the actual fact that Hemo are on the cusp of a pivotal transformation with some big names who are very rich and really? People think they are going to be allowed to go under for a few mil? Wise up lol!

This is my ONLY post on here today. This IS a binary play right now, this does not sit here, they go bust or they bounce harder than p diddy at a primary school. The cancelling of the placing was a gift to those actual LTHers, and the fact they did not grab every penny they could at any price should have been an indicator they are not as desperate as some want you to believe. But do what you want, make your own decision, SP is only relevant right now to shareholders who want to buy or sell.

Think it's just the same mistake as February, they wanted to raise millions, that takes a long time and SP kept getting pushed down. But need to speak to someone who was inside how the book build went, I found out after the fact. I think the date was also because they had to wait for FCA to approve prospectus. Waiting for pumpkin to tell us how traders and shorters had nothing to do with sp getting pushed down..

Great question Micky, obviously people NEED to know. Doing a prospectus takes months and is alot of work so lots of people involved. But everyone who knows about it, everyone who was inside for the placing, everyone of them was legally bound from selling or trading. But in every single one of these small cap companies it still happens. The FCA needs to grow some balls and teeth and start prosecuting.

It's now a mute and pointless argument to have with them, there was a placing. Now there is not, there is no magic share tree about to spout shares. LTHers are confident, most of the recent sells were borrowed shares. So yea.... let them echo away to themselves and convince themselves a miracle placing is coming.... but really it's not. The placing is dead. No 300m shares at 1p. Ain't happening.

Lets keep it simple.

There was a sounding, long build up to a placing that was going to close at 1p.

Traders/shorters/LTHers knew about it and sold millions of shares.

Placing Aint happening, call it pulled/failed/aborted/IDGAF, its off the table.

A, Hemogenyx either now Licence/JV/Take a loan/ Cut costs until trials start/Angel Investor/short term bridge - All non dilutive and end up starting trials.

OR

B, Go bust because neither Previal/Eli/Etc are willing to help.

Shorters and traders sold on the promise of a placing, the pulling of the placing may be seen a concerning by some but it does not change the situation. THERE IS NO MASSIVE INFLUX OF 1p SHARES COMING. If anyone here actually believes the vast majority of shorters want to be here, sitting short, on a massive gamble that B happens? Your very much mistaken. Shorters/traders will absolutely short if they think they can make an easy 10%, but taking this gamble now?????

Hemo walked away from an offer of SOME money in a placing so they clearly are not that desperate, do people really think Vlad will just say "Ah well, lets close the doors?"

Anyone who thinks shorters are brave and savvy traders are fools, people sold and shorted because a discount placing was coming. THATS IT. Friday was a snap reaction, a few finding out that the placing was pulled not wanting the risk of staying short. If people believe this is all some big game or ruse and the placing is still on then fine, but anyone short or waiting for a placing to buy in cheaper? 1p is the floor, was the floor, the shorters did too good a job, a placing now is impossible, its off the table and its gone. So Hemo go bust or they limp into trials and prove HEMO-CAR-T works and funding will never be an issue again. Thats it, that your binary play, but forget your 10% profit off the back of a placing, if your short and want to ride this out its all or nothing for you also.

Yesterday I went to bed accepting there may be a placing this morning and that overhead would take a while to clear. Today I trot off into the weekend knowing that there is no placing and SP is well on its way to recovery but a long way to go. What a difference 24 hrs makes!

Yesterday if I was sitting short from 1.8p or 1.5p I would have been massively in profit only to see it disappear today. If I was sitting with a large short, opened on the promise of a placing, to have that taken away? I would be a bit peeved off. I would also be feeling extremely uncomfortable holding all weekend fearing the worst on Monday morning.

Takes stones, takes balls of steel, take a real man to go short here, I wont say good luck to anyone short but I will say I admire your conviction and bravery! I for one would not sleep all weekend!