Member Info for Lazarus2

I get that Damion and the science is what they are about. There should be sufficient business acumen and financial acumen to support the scientific development through thick and thin with contingency planning at the forefront of everyone’s thinking. Board meetings should bring all of these skill sets into one room and plans developed on all fronts. Plan B is essential.

It may well be that a plan B is in motion but they are being coy. In which case why release the negatives in the first instance. The report due is only up until Dec 23 so no need to report any negatives until after Plan B has been implemented.

Just my immediate thoughts. Back in the UK Sunday so will re-examine then.

Brightly, Damion - I agree. I am keeping the faith but the sp has been this low for quite some time with RF supporting broker short positions by selling low. The BoD has known there were clouds on the horizon and have added to the problem by issuing such a poorly worded and negatively slanted RNS. I have not had much time for this as I am currently on the other side of the world. If they were releasing all this “info” why not tell us about the £136k and tax credits. Why not give us an update on working capital or the implied £164k shortfall.

Why not even confirm when the trial will end.

Lots of people not playing with straight bats I’m afraid

I had expected them to raise just after consolidation Aber. Didn’t happen and there appears to have been missed opportunities along the way, but I/we do not know that for sure. I think we need a new plan and route to market laid out pdq by the BoD. Sareum and the BoD have been shafted by the market and by those that are paid to advise. We shareholders bear the brunt and the big boys will clean up with cheap shares or by getting Sareums assets on the cheap from the administrator if it comes down to that.

This stinks to high heaven- If ever a RNS was written to damage the sp this was it.

I may be wrong but we have not been able to draw down £300k but we have £136k coming from 737 license leaving us short of where we should be by a mere £164k. If this is the case somebody has been asleep at the wheel and there is no plan B.

I was under the impression that the funds being raised along with tax credits would see us through Ph1b. Also, why not just say how much working capital remains? I appreciate this is up to Dec 23 but they have warned of problems so why not throw it all into the mix.

Or could we have been shorted into this position deliberately in order to make life difficult. Awful RNS, awful situation. PH should be sacked and RF booted out at the earliest opportunity as neither can be trusted.

All primed and looking good. If any well known broker has gone short recently then we may see them closing out their short position this week and buying back.

It's all part of the negative agenda Colbalt, designed to feed the sp manipulation.

Not forgetting of course that RF can exercise warrants at £1.43p - meaning more money into the coffers if exercised.

Immediately on opening. You were right Damion.

Looks like we will see a lot of blue today as 30p was deemed the closing price last night.

There was also a decent buy after the bell on Friday @ 36p. Made no impact. Definitely being suppressed. Strange that it was NT to buy though. Somebody still wants this down further.

Good luck Reality - oh! and I changed the thread title to counter your FUD and disruption. You carry on though. You can bet your bottom dollar that if it does sink to those predicted levels of yours that we will all still be piling in.

No emotion involved thanks Reality. Just following progress and news. Grateful for your thoughts though

Thanks for the advice Reality - I think you need to do a bit more research on the share price fluctuations that paid us LTH's handsomely.

I would prefer to follow the news if it is ok with yourself and then I am not so blind. This is, as you rightly say, is a massive buying opportunity. I wouldn't want to wait for the 10's - just in case it didn't happen. Not too late for you to change your strategy though - no advice intended

Apples with Oranges there Matty. Your Company will have had a known profile along with products ready to go and sellable. Sareum have yet to develop that. I understand your point though.

@HBD - I think we all have the same opinion of RF but I do not think that the City would behave any differently. 15-20m shares at this level would create quite an overhang to be disposed of at some point and would act as a drag on the sp. Either solution requires news to promote buying. Maybe RF’s comparatively low number of shares would be easier to dispose of. My point is that we are screwed either way by the need for funding trials. Hope there is a white knight out there though.

Very true SOG - I think it is all too easy to overlook the limited resources available to a fledgling Company- there is definitely a disconnect between progress and the sp. Hopefully, that will be rectified in the coming weeks/months

It reiterates everything we know and have been saying despite the sp drops.

I am glad that it is being stated in other circles now.

I sincerely hope that nobody was panicked into selling and getting mugged by the MM's.

Have a good weekend - no point in dwelling on this weeks shenanigans.

The manipulative formula remains in place -

Low selling price to suit RF -

Low buying price to suit Broker clients.

I wonder if the mms are forward selling drawdown shares yet to be reported?

Thats reasonable DeAr. I do not agree with your first 2 points but yep! understand where your concerns lie. As I have said previously. Your money, your decision, your risk so I can respect that.

I don't have an agenda DeAr - unlike you. I have stated that I am a positive poster. The Ph1a trial is merely now establishing dosage. It is safe and is deemed as such by the Oz Safety review committee.

Have a look at the sareum website and view the pipeline . That is where I am getting my positivity from. RF is a real drag on the sp and we have further to go.

So c'mon then, get off the fence, get the splinters out of your ar5e and state a firm opinion about where you think this will go and why. Easy to be an armchair critic/keyboard warrior.

Yours and others to call then Bluenose. Puma was pilloried for his gloating and mocking of Board members intelligence. Whether it drops further or not is of little consequence at this level. You post as if buying and selling is a precise science. It is not. I am a positive poster and I think this is a bargain price. I have already discussed hindsight management v foresight. These choices are for individuals to make with their hard earned cash. Crazy to buy high and sell low. Apologies for stating the obvious. Nobody should take the advice of another poster nor trust any poster to not have an agenda.