Member Info for Lazarus2

.....Exactly what it says on the tin. The script was released in the RNS and then presented as per. I am glad that the BoD remain in place rather than a snake oil sales(person) whom the market would not have confidence in after failing to deliver. Pie in the sky I'm afraid

Our market cap is circa £40m - individuals can decide for themselves whether this is good value or not and act accordingly.

I suspect we have reached our Nadir. The news will sell itself and any positive elaboration from Sareum would be appreciated by us beleaguered investors. I think all is well with Ph1a.

Finance is the elephant in the room. Don't worry about this. We are funded until beyond Ph1b completion. In business, money only ever buys you time and this period needs to be utilised wisely. Beyond Ph1b there will be options. RF are castigated by many here but enabled Sareum to progress as planned. Of course they'll make money. Why wouldn't they. Without them it is the equivalent of applying for a mortgage with a poor credit history. No chance.

Ok, so tin hat on but before the negative brigade start to whinge about their "alternative views not being accepted" I do accept your views. However, isn't it about time that they (you know who you are) accepted that a positive view can also exist and be held. Unless, of course, you are a spiv or a spivs lackey wanting to get us to sell. I also accept that this can be a difficult time for most at this low level. It is AIM and not for the faint-hearted. You could have invested safely in Lloyds, Shell, BP, Barclays...oh...err...wait a minute. Sorry they all crashed didn't they - scrub that. Anyway, best of luck whatever you all decide to do.

Hi SCHeckler - I think you have me confused with another poster - no problem though.

I remain positive Surfie - nothing has changed - not even the BoD! Currently in Vienna so not heard AGM for myself so will judge later.

I have read the negativity though. Quite unbelievable that so-called shareholders can shout their sp down. Rabid attack dogs spring to mind. At least Oracle has seen through the emotion and formed an objective opinion. I have little doubt mine will be similar.

Anyway, each to their own. I will let the news do the talking here as I have often stated

Hi Silverfoil. I am not sure what they have brought to the table but we may never know as there may well be behind-the-scenes activity that we are all unaware of.

I think it is an error to link them with sp decline. Transpose the sp into market cap at the time and ask yourself - "was that a true valuation of Sareum" - No revenue stream and no deals etc: so no surprise the market took it down. FWIW I now think we are undervalued due to the progress made.

Compare with GGP and their broker Berenberg also get lots of flak. It has recently added about $100m to its market cap with no news and nothing changed. Same CEO, same broker.

As for RF - yes it isn't good on paper, however, we do not know what the City may have been offering as an alternative and could have been worse. At least we have got the trial going and there is flexibility in the deal.

Just my take on things. I think the blame game is a negative reaction to events that may have been beyond BoD and Broker control. We could blame market manipulation, failure of investors to sell at a much higher level due to greed and MHRA but these are all relatively anonymous and don't/won't respond.

I have a substantial chunk invested also and I remain satisfied with the direction of travel of the Company (as opposed to the sp)

That's a very bold statement Superritch - what are you basing that on? SP and law of averages or do you have evidence?

Proper job SD

A hopelessly transparent and poor attempt at spreading FUD Maj - must do better.

Tell you what though, it isn’t too late to buy in and make yourself a nice little earner - just some well intentioned advice

Evening HBD - yep very close now. Hopefully the sp will begin an upward trend

All of our angst and hopes summed up in one good article. Very good find Citizen and thank you for sharing.

A very valid point you make Potnak regarding the pharmas that may have missed out.

Tomorrow night sees the beginning of December in Oz - I am hopeful of even a one-liner that states our Ph1a has completed successfully either just before or after our AGM

I must admit, I had tacitly accepted that it was still held under wraps by the US Military.

Great info Ahfam — I hadn’t seen this. The mind boggles at the different prospects. Roll on validation. Big pharmas must be in the know.

Totally agree that a plan B would have been beneficial. Going forwards 1801 validation is critical and would provide a smoother passage for 1802. The current trial is so important. All going really well at the moment which should provide us with confidence.

You are correct Potnak - personally I fully expected them to raise just after consolidation but they didn’t.

What we do know is that they didn’t raise, what we don’t know is why. There could have been a deal under negotiation (737 perhaps) and it fell through and was handed back. The rest is history. Missed opportunity for sure.

Gunner - you still don't get it do you. Nobody will invest large sums until the science is validated. We are going through that process now.

You have a Trumpesque view of Parker which is getting a bit weird.

We do not have sales figures not do we produce x number of tonnes of gold etc: etc: Sareum has no revenue and only a partial success story to date. Nobody would be able to shift the sp in this current climate and set of circumstances. The science will sell itself and that will then attract the investors, the licensees and/or buyers. If the science fails, we are all doomed with very little wriggle room.

AGM not far off though and you can vent your spleen in person and you can oust him.

I think a few of us here Potnak have bought quite a few million at 0.3p in old money. So I don't think we will ever see those lows again as it would be curtains. RF's strategy is also unclear as is the amounts they may have disposed of. They also have warrants at £1.43 in the event of news. Go with the news flow. Rebster - you make a valid point

Why the fake surprise? This was telegraphed in August. We have all had the option to sell and buy back or buy and hold. I bought more a while ago and will do the same again. For Stifl " You have to speculate to accumulate". I am quite happy buying and holding at these levels. Each to their own

*EGM

Agree that we should hold them accountable Potnak and I do believe that there may be enough collective votes to call an AGM. I don’t think that any resolution would pass which is my main point. We would have to have a seismic failure for shareholders to turn

I don't disagree with a lot of what is stated but I remain bullish. The only thing I would take issue with is Potnaks comment that we have the collective numbers to make changes if necessary. I don't think we do and I, for one, back the board and have a substantial holding. Taking into account the BoD's holdings, HNWI's possibly still being on board with their holdings and also not to mention other smaller investors who feel the way that I do.

It is very easy to criticise the BoD but we do not know all of the facts or the drivers behind their decision making. Some here appear to have a personal grudge against Stephen Parker and voice it at every opportunity. Some are more rational and objective (such as Potnak).

The BoD we have are very experienced Industry players with a myriad of contacts within larger pharmas. They will also prefer to be discussing an exit strategy as well as the rest of us. It is difficult to level an allegation of incompetence given their profiles, experience and contacts. I would also question where on earth replacements can be found and what they would bring to the table that would be any different. I think we have to validate ahead of commercialisation and it is now a closely watched process. Not having a pop at anyone but just expressing my view with regards to the BoD.

Can’t come quickly enough although those of us of a certain age do not like wishing our lives away.

We could do with a bit of a tension cutter of a RNS. Japanese patent being granted is not too far away and the end of Ph1a is also not far away.

We are crying out for validation and commercialisation of the science.

Keep the faith