Member Info for lordloadsoflolly

Well I'm sure we're all MOST relieved to hear that, edbowsher.

Stas20 - I’ve better things to do with my time, frankly, than reason with Mr Gross-Lee-Incompetent.

Or with you, come to that. So after this reply, I’ll be popping you in my little green filter box & moving on.

I see Belluscura (in which TEK had a valuable stake not so long ago) is now suspended, reliant for its continued short term existence on highly uncertain life support funding from Omaha at an 18% interest rate.

Wouldn’t be at all surprised if Lucyd eventually went the same way.

But you carry on ignoring past reality & just looking to the future.

Personally I prefer to learn from the past, rather than throw good money after bad.

Best of luck here Stas20. But if the past eventually catches up with you, don’t say you weren’t warned.

Stas20 - your main argument can equally well be flipped on its head:

“when someone is relentlessly upbeat, you have to ask what purpose it serves”.

And I don’t “claim to be invested”.

I AM invested & initially posted positively, as I saw huge potential here. But when the facts change, sane people change their mind. So in recent years, I’ve repeatedly drawn attention to the fundamental flaws in Tek’s business model & in its execution.

I fail to understand how you possibly remain so upbeat, when outcomes - and the share price - show Tek has consistently destroyed shareholder value over the past 3 years.

The main reason I stay invested is because Clifford has reduced the value of my holding so drastically, it’s hardly worth bothering to sell at this point.

Yes there is a chance Guident’s IPO will change the mood music. Or that Salt will eventually gain real traction. Which might just justify hanging on for the time being. But unless Tek starts acting as a proper incubator instead of a long term funder/lender, Tek’s shareholders won’t significantly benefit, however successful its spin offs might be.

Stas20 - I don't do shorting. And since when were investoes meant to be ambassadors for the company?

If I think a company has done well (or is about to), I'll say so.

And - as you'll know from my posts on TEK - the opposite applies in equal measure.

Yes, but I certainly won't be adding. TEK's a basket case unless they change tack.

Ogm4 - that's peanuts. Won't move the dial at all. In fact the SP went down this a.m.

Rizq - agreed.

How TEK can get away with regularly claiming the following in their RNSs (including this morning’s) is beyond me:

“Tekcapital creates value from investing in new, university-developed discoveries that can enhance people's lives.”

“creates value” - what a joke.

Morri940 - rumour has it Tim - I mean GoldGirl - is sunning him/herself on yet another cruise, laughing at all the gullible PIs who funded it.

Either that or (s)he's too heavily involved in ground-breaking scientific research to post right now.

All we need now is for TigTig to re-appear & everything will be well with the world again.

Formerlyeasyp - quite.

The level of excitement on this board is pretty bizarre, when the SP closed at 5.9p as recently as 28 January (& higher still intraday).

So it's now only lost around 60% of its January value. Whoopy doo.

I don't recall the same level of interest, speculation & commentary when the SP sank from its 3.44p close on 15 May to 1.88p earlier this week.

Funny that.

AAT - "Phase 3 trial underway". Really? It's been underway for YEARS in that case & still no significant update on trial progress. Or even what role Avion is now playing (other than an EXTREMELY slow one).

VikR - Your 08.50 post from this morning presents a lot of assumptions as fact.

How do you know "The scientific team are working hard in the background"?

How do you know "scientific team and patent lawyers are working in tandem"?

How can you say with any certainty "expect this to conclude this year and a deal to be signed"?

And there was me thinking pharmacists relied on facts & scientific evidence rather than supposition & hearsay.

Nope, transgression is obviously permitted as a word. Thought it might not like that one!

Brentw1 - in case you're unaware, LSE takes out all upper case letters in a post if the system detects what it thinks is a rude word.

You'll see the offending word in your post of 15.36 has been auto-redacted (pea**** accounts).

Problem is, it also captures plenty of wholly unintentional "transgressions". Wonder if it'll redact this one!?

Stas20 - have you EVER seen any negatives in Tek?

History (and the current share price) suggests you should have.

But I imagine that’s just a temporary (3 year) market misunderstanding in your eyes that’ll shortly be reversed when Guide t & Salt ride to our rescue?

Pardariff - in terms of your "2 million dollars income per month" from 6 wells, that's gross income (before costs), based on Bo's $4m per well p.a. estimate.

He did say margins were very good, but hasn't quantified exactly what level yet. Probably too early to say. Plus he won't yet know whether his base $500 assumption is too cautious, too optimistic or about right. My sense is it'll be the first or third of these options. Suspect Bo's far too experienced & savvy to massively overpromise.

If Tim had convincing enough evidence back in January that a 2025 deal was on the cards, surely he could have secured more conventional funding.

I’d have thought even a bank would have considered an overdraft in those circumstances. The fact he’s repeatedly chosen/had to resort to Lanstead suggests any evidence is either shaky or non-existent. Only 1 (or 2 at the most) of the many Lanstead deals has actually paid off. All the rest have been HUGELY costly forms of funding.

If no-one gets a reply to their recent messages, it'll show how "much" PIs are valued (roughly as much as 1 x IMM share minus 2p).

Opti's reply to my query over short-dated Cholbiome BP:

"The BBE date is not an expiry date and the products are safely tested to be used 6 months after the BBE date. We do not sell expired products or after the BBE date. BBE date is very different to expiry date. Please be reassured the product is safe to consume and will work. We don't have any new stock yet with new BBE dates."

All well & good, but they should make this MUCH clearer on the packet / marketing in that case. And not having any fresh stock less than 3 months before the current BBE date ends suggests slow turn.

Ezhik - I am keeping up thanks and I stand by what I said.