Member Info for kentan

I hold the paper share certificate issued for the original number of shares I received in the sale to Portage, but this was before the 1 for 100 consolidation last Autumn. I take it I now have the reduced digitalised holding that will apply to the NASDAQ listing. The shares are normally held within a nominee account.
Apparently, should I wish to trade (sell) the shares as a UK investor, I will need a W-8BEN form to be completed and lodged with a stockbroker who deals in USA markets for which there is a registration fee to be paid (around £595).
Hopefully, we expect the SP to fly on admission, so would be prudent to have the necessary paperwork completed in time.

The 1,500,000 shares that Jim Mellon reduced his holding by, represents around £200k at 13.43p he sold them for ... which is chicken feed to him.... can anyone remember seeing a big sale recorded last Thursday?
Perhaps he needs it to fund another start-up or RTO expenses with one of the many shell companies he has waiting to come back to market.

With the automatic determinator whether it is a buy or sell, especially when the trade recorded is on the cusp, I would expect some of those lumpy late sells were in fact buys.
It always confuses what we should believe as true ... my guess would be the true reflection of the day's business to be more like a ratio of 4:1 in favour of buys.
Expect a degree of book squaring late on Friday.

Bwm,
Maybe Jim Mellon snapped them up at a bargain price, knowing what was in the pipeline ... no declaration of shareholdings I can see on CSE.... (we all know what goes on, but can't say) ... CSE is only a minuscule market, trades in low thousands and hundreds move the stocks ... NASDAQ will be a different matter with high liquidity (expect them to issue more shares once up and running). ... Now trading at US$35.

Bwm,
Maybe Jim Mellon snapped them up at a bargain price, knowing what was in the pipeline ... no declaration of shareholdings I can see on CSE.... (we all know what goes on but can't say) ... it is only a minuscule market, trades in low thousands and hundreds move the stocks ... NASDAQ will be a different matter with high liquidity (expect them to issue more shares once up and running).

Cheers bwm ... seems I now hold more than them, Lol ...
Until SALV comes back to market there is a lot of speculation as to who it will rise from oblivion as.... but for sure, Jim Mellon will be driving the bus as usual.

barwickman,
When did FFWD sell half their holding in Portage? ... I have scanned the RNS feeds and can see no mention of it.
The latest upbeat RNS on their holding (Feb 11th 2021) makes no mention of it either.

With Portage rising fast (closed at US$30.25 on Tuesday) it makes the sale of Intensity in July 2019 to them for 12,980,061 old Portage Shares (consolidated in Nov 2020 to one new for every 100) now look like very good business indeed at a then value of £1,040,000.
FFWD's holding of Portage now gives a current paper value of £2,832,875 for the 129,800 shares held and continues to rise with Portage rocketing up and developing the Intensity portfolio of treatments.
Whatever happens with the cannabis ventures, Portage Biotech remains a potential jewel in the crown for FFWD if and when they ever decide to cash in.

Portage Biotech on CSE US$29.0 now ... up 16.05%

After Monday's Public Holiday break (Canadian National Flag Day), Portage Biotech has continued to steam ahead to nearly US$28 (up12%) now the CSE markets have reopened, on news of their March 2021 listing on NASDAQ.
Jim Mellon looks to have an attractive basket of companies under his wing for the year ahead.
See my posts on SALV (Salvarx plc, is currently parked after delisting, awaiting a return to market ... could it be the vehicle for another venture by JM as he did with 3Legs Resources?).

After the public holiday on Monday (Canadian National Flag Day) th CSE markets have reopened with Portage Biotech nudging US$28 ...
More to come after the NASDAQ announcement ... expect it to fly once listed on a main market.
FFWD who has Jim Mellon involved is also rising on AIM, it has a small percentage in Portage amongst other promising acquisitions it has made (in the gaming and medical cannabis fields).

Is it a coincidence that Savannah Energy (SAVE) is also a big riser today (up 13.35%) ... wouldn't be the first, second or third time it has happened.
Perhaps they (SAVE) are benefitting from our rise too.
Long may it continue.

Placebo,
Maybe worth you monitoring what is going on at BOU.L (following delisting and awaiting news of RTO).
Jim Mellon is busy with his new baby Agronomics (ANIC.L) involved in the development of synthetic meat products and Juvenescence, the anti-ageing technology where there has been a delay to its anticipated IPO caused by the current world pandemic and its impact on the financial situation.
He has a lot of balls in the air, so collaboration with others is key to making progress, SALV could be the vehicle that achieves this.

Portage hit $15.0 on CSE yesterday, only small trades though on turnover of 2,350 shares.
Remember this was $8.85 between 4th & 9th November and has steadily risen since boosted by the November 30th financial statement and report.
Plenty of upside on what is being envisaged for 2021.

The last report said they were in ongoing negotiations (RTO?) to become involved with another company to return to a full listing. This has met delays due to the Covid situation and various regulatory conditions to be met.
Funnily enough, the same has been said by another suspended company, Bould Opportunities plc (BOU) who it has been confirmed are in advanced negotiations with a "cancer detection biotechnology company" ... could it be SALV? ... both have said the same and were delisted around the same time. Would be a coincidence.

Another one getting the Savannah's mixed up:
This refers to Savannah Energy (SAVE) and NOT Savannah Resources (SAV), seems TMS has made the rick.
Hopefully, we will benefit when the confused steam into the wrong stock ... SAVE should be a strong riser according to Malcy in 2021.
Happens a lot, a sudden rise or fall in SAV for no apparent reason.

Interim financial statements/report:
https://webfiles.thecse.com/sedar_filings/00008656/2011301547192136.pdf
Condensed Consolidated Interim Financial Statements
For the Three and Six Months Ended September 30, 2020

PORTAGE BIOTECH ... MANAGEMENT’S DISCUSSION AND ANALYSIS
Prepared as of November 30, 2020
https://webfiles.thecse.com/sedar_filings/00008656/2011301546339474.pdf

Portage Biotech has risen since to $13.25 on CSE ... and rising.

https://webfiles.thecse.com/sedar_filings/00008656/2011301547192136.pdf
Very detailed and informative.

MANAGEMENT’S DISCUSSION AND ANALYSIS
Prepared as of November 30, 2020
https://webfiles.thecse.com/sedar_filings/00008656/2011301546339474.pdf

Portage Biotech SP on CSE has risen to $13.25 since these reports ... and rising.

Just going back to the 5th notification from Companies Hose, regarding the appointment of Marc James Sales (a 61yo consultant) to the BOD of Coeur Holding Ltd, he is also a director of Greenore Gold plc who were last February trying to raise £600k on the NR Private Market Exchange (https://www.proactiveinvestors.co.uk/companies/news/913864/greenore-gold-looking-to-raise-600k-through-nr-private-market-to-push-ahead-with-exploration-913864.html) ...
This was to fund exploration for gold in Scotland (someone once said: ... "there is gold in them there hills").
The company is mainly based in Dublin, Ireland where James Michael Finn is the person with significant control.
It hasn't been said if Greenore raised the necessary funds, therefore, Antos Glogowski maybe trying to combine the 2 companies, with the help of Marc Sale, to be included under the umbrella of Bould Opportunities and this recent merry-go-round of directorships was the final piece of the puzzle before the announcements are made.
I know it is only speculation, but there is more to the goings-on at Coeur than has been revealed so far and not beyond possibility that BOU is also involved.

DA lives very comfortably in a smart part of London, remember he relocated here from Australia where he made a considerable fortune from his mining interests there. It is only to be expected that he has a portfolio of investments to secure his lifestyle with a broad spread over many sectors. Like most of us who are heavily reliant on investments, we too have been caught out by the repercussions of the pandemic that has decimated our expectations of returns and in some cases wiped them out.
He has found out the hard way that it is not so easy these days to start a mining concern in countries where regulation and interference from Governments and local focus groups try their hardest to impede the progress of new enterprises.
In each case, what was envisaged for Mozambique, Oman & Portugal has proved wholely more difficult than what was expected when these projects were first put on SAV's agenda.
What has not helped DA were the many promissory RNS's he has posted that have invariably taken longer than expected or have fallen to the dust. Shareholders and investors now seem to ignore these and they make no contribution to the share price.
In the current climate, Portugal should be falling over themselves to exploit their mineral riches to stabilise their economy. They should be pressing for the industry to locate to their country to build lithium-based battery manufacture etc., they have a very able and considerable workforce who could be employed with all the support businesses benefitting from the enterprise.