Member Info for LordSnooty

Readers, neophytes and acolytes of Snooty not yet brim full of these juicy shares have been granted a reprieve. Due to the dilatory nature of the UK legal system and the upcoming birthday celebrations, there now remain some eight more weeks in which to make those final portfolio adjustments that are certain to lead to vastly increased wealth. Already one sees some modest buying at these bargain basement prices. Expect this to increase as we approach our EGM epiphany in two weeks' time. Now is not the time for hesitation - be bold, be decisive, be fruitful - go forth and multiply your holding!

fellow Xenophiles might also like to take note of the almost daily RNSs from N+1 Singer - "8.5" trades by our house broker that require notification to the market under Takeover Panel Rules. What they mean I'm not sure, but by their number and taken together they have a considerable influence on where we find ourselves today.

one or two further comments: The Scheme document makes clear at several points that it is important, both to satisfy the UK Court and for the future of XEN, that shareholders use their vote at or before the EGM on 17th December. I won't presume to advise on how to vote but will say that the whole focus for XEN over the past year and more has been towards US listing. It makes sense in every way, and by contrast AIM has done and would not do us any favours were the vote to be in the negative. Let's remember too that, even if we did not complete our US move (unlikely in my view), XEN has received assurances from its major shareholders for continued funding. Note this from Interims, 30th Sept last: "US capital markets for biotech have been buoyant throughout 2013 and, while conditions remain subject to rapid change, based on recent soundings in the US, the Directors are confident of raising the required quantum of new capital in a timely manner post the Company's transition to the US.....If the initial required funding is not received....the Board has an available interim strategy, which includes deferring internal development costs and obtaining interim funding support from existing key shareholders, both of which could be utilised to appropriately manage the resulting working capital position of the Group".

You need to check with Barclays. See my 06:26 post this morning.

during the CC yesterday I pressed Colin Hill on the Parcae figures. He would not be drawn beyond saying they were "notional". However, I think it's reasonable to suppose that, since part of the rationale of moving to the States is access to capital and a more realistic valuation, we will open at a premium. Of course nobody can say for sure what that premium will be, driven as it will be by normal market forces.

1. Yes, if you hold till after delisting from AIM, your shares will be consolidated. 2. Check with your broker whether they will accept trade on US OTCBB or OTCQB. If not, you need to find a broker who will, and register. Schwab do - http://www.schwab.co.uk/public/schwab-uk-en/accounts_services/open_an_account#moreforms However, note this from the Scheme Document, part 11: "It is GSL’s intention, if practicable, to establish a mechanism in due course whereby smaller UK-based shareholders will be able to trade out of their positions after the Scheme has become Effective. However, should such holders wish to retain their holdings in the longer term, they will be encouraged to do so notwithstanding that they will need to utilise the services of a UK broker with facilities for trading US shares". http://www.xeneticbio.com/display-docs.aspx

The disgusting Singapore Swindler is trotting out his scandalous "chuckles" again. I urge all respectable Xenophiles to avert their eyes and lobby for the removal once and for all from this board of this purveyor of filth.

No, you should get a "corporate action" notice from your broker, either electronic if you trade online or paper if you trade by phone, with the necessary proxy voting forms etc.

Parcae's IR efforts will really only fully become apparent once we are US listed. Then we'll see what they've been doing about raising funds and stimulating interest in the US for XEN. The question at the moment is how credible AIM investors believe the plans are, such as they are known here. On evidence so far I'd say almost nobody is paying attention, but as I said earlier, I expect that to change over the next couple of months.

I agree, the bulk of the good news to come will be after US listing. Once the dust has settled on last Friday's news I do expect to see some buying as we approach the transfer. We now know the timetable, and we're still nine weeks away from US listing, so no hurry I imagine. However, looking at Parcae's projections in the link I posted yesterday, and their incentives for achieving those targets, I do think we will see some delayed reaction.

your Fri 14:34: I agree with most of what you say. Let's be clear though that the 77c projection by Parcae will have been almost a year ago by the time we list in the US, since when there have been, and we hope soon will be, many developments, both on the trial results and on the corporate fronts. That will be the time when Parcae, at $10k a month, should really start to earn their fee and also strive for their incentive bonuses as set out in the document: http://www.xeneticbio.com/uploads/parcaecapitalagreement.pdf. Interesting times ahead.

Not any more: someone (I suspect Singer; we shall see tomorrow) sold a quarter million shares on the bid. The usual MM shenanigans in the absence of retail to retail trades. Prices I'm getting now for 50k shares: 5.28/5.65.

regularly drives the Zanussi around the estate.

of our soon-to-be-implemented move to sunnier shores is, of course, that the jokes on BBs Stateside are of a far higher quality, and are generally not told by convicted fraudsters.

Yes indeed, lots of legal waffle to circumvent now before one can access the Xenetic site. Makes one hopeful of an imminent RNS regarding the Scheme. Selling off the staplers too, one notes....

talking of Schemes of Arrangement, Her Ladyship has indicated (through the under-footman, since one is not currently in direct communication with the Significant Other) that, if good news arrives this week, full conjugal rights might be restored at Schloss Snooty. One therefore awaits, with a heady frisson of anticipation, the 7am alarm this week.

leaned back in his Naugahyde Relaxamatic Executive Plus chair. "We're all set", he drawled, "it's just these Limey pen-pushers and briefs holding us up". Sir Brian beaded one quizzical eye on him. "I do hope one has not made a mistake, moving to the New World", he intoned in that high-pitched, nasal voice so characteristic of the English upper classes. "Shaddup", retorted Molecules, as he drew the delicious Voskoboynikova towards him. "Take a memo", he breathed..... TO BE CONTINUED.....

MMs hedging their bets pending news of the Scheme.

see mathsprof's posts here yesterday for thoughts on Oxbridge and the 100k shares in GSL.

HRH PRINCE CHARLES AND SIR BRIAN RICHARDS VISIT SERUM INSTITUTE IN INDIA http://www.investegate.co.uk/xenetic-biosciences/xen/hrh-prince-charles-visit-to-serum-institute/201311131605369621S/?fe=1&utm_source=FE%20Investegate%20Alerts&utm_medium=Email&utm_content=Announcement%20Alert%20Mail&utm_campaign=Xenetic%20Biosciences%20Alert