Member Info for LordSutch

HOLY **** ITS GONE BLUE

I can’t believe Jimmy is still allowed to post here. He spreads fake news worse than Trump.

Can we get him banned from this chat?

This is turning out to be an extremely dull phase for VELA

There was a video call with Love Hemp over the weekend.

Their strategy is to invest heavily in marketing now to become a brand leader. This is funded by the money made from the sale of products, i.e. the gross margin. As a result of this spend the company does not make a profit YET, thus raises are necessary to fund business day to day. It is no secret more raises are to come.

The alternative would be a much slower, organic growth, which may allow competitors to take more of the market, restricting growth. So they invest now to build a brand and raise to bolster finances to continue to enable the company to meet its aspirations of a global company. Its like me getting a bank loan and sticking it all in my pension at once and slowly repaying the bank loan.

Whats our MCAP now - 4 million? IMO this could easily be many multiples in the future.

Its not negative view its a critical thinking view. A skill which hysterical, emotional people lack.

The trial was a success when you consider the trial produced data and results. It’s just we do t know what that data and results show - positive or negative. I can bake a cake, it doesn’t mean it tastes nice.

Yea the whole ‘commercialisation talks’ is entirely misleading we’ve been lied to so far.

October 20th 'The Board of Vela is pleased to announce that it has entered into an agreement (the "Agreement") with St George Street Capital Limited ("SGS" or "St George Street"), whereby Vela has acquired an economic interest in the potential commercialisation of SGS's asset to treat individuals with diabetes who are suffering with COVID-19.'

My interpretation is that it is only proceeds as a direct result from the Arcadia trial

Fake news??? It’s on the SGS website

Might explain why SGS sold their shares, why the SP has crumbled and why it’s taken an age to provide any form of positive information regarding the trial - because there isn’t any.

I predict Jimmy will be silent for a while now.

What a ****er this has turned out to be. The document essentially contradicts all the RNS and news releases from Excalibur, SGS themselves and VELA. You can not polish a turd this big.

Has this not been posted yet?

https://www.sgscapital.org/dl/ARCADIA-Layperson-summary.pdf

Basically the trial was a bit of a dud

https://bmjopen.bmj.com/content/11/12/e049650

My main concern about consolidation is that it gives the share price further room to drop. However as listed below the SP is currently near or below NAV - therefore is the SP likely to drop post consolidation. Can this really go much lower considering NAV????

I notice the price rises after this trade which suggests it was a purchase. The actual transaction price however would suggest it could possibly be a sell.

Either way, this is a f*ucking joke. We’re below MCAP and the price still falls??? WTF is that about???

The recent RNS shows that SGS is now a non current asset and presumable the share price reflects this.

Only news about Burns Jimmy. Sorry to **** on your parade

Holy **** there’s been a communication!

Thank you Star.

Sincerely

Your Lordship

Ps Jimmy remember other people can see what you write

Drunk Jimmy just what the f**k are you spouting on about?

care to elaborate?

In my opinion the RNS was no better or worse than the September RNS. This weeks RNS told us the trial had completed and commercialisation talks were ongoing. This is nothing new, we were told this in Sept and that is still the case until we are told otherwise. Given how the SP reacted after the September RNS, i am hardly surprised the SP is where it is now.