Member Info for Latino

Jv/partner would offer peanuts considering where we are with need of funding, so would think funding first before partner. This way it will be a lot better deal.

Spot the difference in use of proceeds from Sep rns when raises 1.15M

‘The Directors intend that the net proceeds of the placing will be used to extend and expand the scope of the clinical trial of VAL201 to treat prostate cancer and to thereby allow the treatment to more speedily reach its full therapeutic potential and potential anti-cancer impact. The funds will also be used to progress the development of the pre-clinical VAL301 and VAL101 programmes and towards clinical trials.’

Last placing only in Sept and lasted only 3 months 1.15M, this is only 0.5M so they will be back in the next few month..

Well at least this is before the event and not after!

Hopefully partner news news first, otherwise a others have mentioned there will need to be a funding round soon as there running low on cash. Gla

Bodes well and here to stay..
https://www.glassdoor.co.uk/job-listing/junior-devops-engineers-halcyon-iot-solutions-team-photonstar-technology-JV_IC2688306_KO0,50_KE51,72.htm?jl=3055427434

Agree, this is certainly making investors sceptical. Like one said it’s about how the placing is done. They do need funding and we all know this.

Seriously would research myself and make my own decisions. It’s your money so don’t rely on these boards to make such decisions.

Agree - why do all this. Though James is probably the worst CEO I have ever come across, there is too much on the line for his reputation and the survival of the business and the fact of the matter is they have numerous clients and they have been trialling for 2 years so they have a relationship and

The net proceeds of the Placing will provide the Company additional working capital and will also enable the Company's board to initiate a further cost reduction programme and to evaluate new business opportunities. The Placing will also strengthen the Company's balance sheet.

Hunk you maybe right, but price now 0.02

Now your talking tosh and complete deramp lol! They have just been provided funding to last them for at least next months, trials on going for 2years near or already completed. Commercial Contract expected by end of year (less than 2 weeks). At least have vague evidence to back your claim, than just bland statements lol Actually I feel this will do 500% tomorrow lol!!

Think what you’re seeing is normal with placings, the price drops to placing price and then there is a bounce north. This is coz of the flippers who sell and get their 10% profits. Agree though James really needs to get his finger out and start delivering - this his last chance if not already!

Should bounce from here, as investor probably sold or selling their last lot?

How does the FCA investigation affect the CVA?

Jan results can’t come soon enough, this will dictate where this goes next. Gla

You seem a little uninformed, suggest you do some research and at least read past rns’s to know where we are. To help you, this company just needs one commercial contract to come good to transform itself, and the CEO himself has said he EXPECTS one before end of year.

Why give it up, like yours it’s my view in the stock. Not telling anyone to invest or to sell am I? Which is what you are lol!

1) Director buys 2) Salaries / wages paid in shares 3) CEO step down / new CEO appointment 4) Company Update - completion of trial and strategic direction 5) Appointment of NOMAD 6) 1st Commercial Contract Announcement 7) New Long Term Financing Deal.

Last trade 15M @ 0.025.

The solution is being trialled by potential customers but it is fair to say that take-up has not been as swift as the company hoped, hence today’s heavily discounted share issue at 0.02p a pop, to raise £100,000. Crux of it, but key is still in re-trial, on the cusp of a Contract?