Member Info for Latino

Interview 3 weeks ago, wouldn’t say much and left with saying update on future plans will be announced shortly….still waiting hence market jitters! Needs to update the market…what is it going to take now 90% down since CEO appointment!

Your out of your mind if you think people are day trading this…you seen the spread!

Terrible start, done nothing since appointment. Whilst SP has nose dived over 80%. Needs to wake up and smell the coffee…not to even RNS yet on future plans by now is unforgivable!

Just took over a few weeks ago, did an interview and said very little ie future plans to be confirmed.

Just popped up…MMs kept down all afternoon.

Don’t see much BoD buying in the past, but now they are queuing up so they surely know what’s coming next!

Directors loading up

If this continues brace yourselves a re-rate to 1.5p then 2p if you believe in charts..

For dropping this below 4p briefly…thought missed the chance! Shorters going to be squeezed out here shortly..drop way overdone from 14p to 3p on no bad news!

Something going on..looking at increasing volume and buying today?

Leak?

3p big resistance, once broken all the shorters will be flushed out fast

New CEO did say in an interview a weeks ago that he will be updating the market on this strategy and plans going forward…this is now well overdue so expect this anytime soon.

Superb news!

Going same way, only difference is Albert / AZ put RTOP in temporary suspension for then never to com back, trapping all shareholders. At least here they’re giving you a warning…!

Yep you better keep buying lol

BoD restructure is announced with most of the BoD out..interestingly several new products also being launched next month according to RNS:

RNS ‘The Company plans to launch the X-PLOR 5, a new five (5) setting X-PLOR device in March of this year utilizing its next generation, higher capacity aluminium molecular sieve. It is expected to produce 20% more oxygen than the current X-PLOR. This will be followed by the X-PLOR LF, a low flow POC for smaller patients requiring continuous lower flows oxygen.

Full commercial launch is anticipated early summer this year. Full production launch will allow the company to sell the device in larger quantities to DME customers.’

Sell at 0.95 really lol…tried to sell mine under 100k but could not get more than 0.82…so you talking nonsense frankly!

Missed this, exactly what’s required, NED taking charge:

Proposed Board Changes

The Directors have reviewed the composition of the Board for the needs of the Company going forward and it has been agreed that, following conclusion of the General Meeting and on completion of the Conditional Placing, Adam Reynolds (Non-Executive Chairman), Robert Fary (Senior Vice President, Sales), David Poutney (Non-Executive Director) and Dr. Patrick Strollo (Non-Executive Director) will resign as directors of the Company. Paul Tuson (Non-Executive Director) will assume the role of Non-Executive Chairman, with Robert Rauker, Simon Neicheril and Richard Piper remaining as Chief Executive Officer, Chief Financial Officer and Non-Executive Director, respectively.

In restructuring the board and the wider management team, and given their deep sector knowledge and experience, Robert Fary and Dr. Patrick Strollo will remain on the board of Belluscura LLC, the Company's wholly owned US subsidiary and the principal operating company within the Group. All US regulatory registrations and licences will be transferred to Belluscura LLC from Belluscura plc.

They have excellent products, just very poor management. That’s the crux of why they’ve fallen so far. Guess only positive thing today is they have the funding now, but need to act next to remove this dire management.