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Xviolet
Ghia likes to make an impresssion with his posts, he has adopted a rather
gandiose style that actually has little content. We all know we are targeting a
defined group now, hence we are using the data from UNIVERSAL to help
with the design of our trial. To suggest we now require a lot of technology
advances is nonsense, the nebuliser we plan to use is already being
used in ICU's and "Institutional change" really.... He is good for a laugh
these days but not much more IMHO!
To be fair...
I believe Sakura is agreeing that there is a positive response, the big question
is can SNG show enough of a response in a trial to get to market.... They have
had one go and failed, even with some great positive data... So that is where we are IMHO!
We need Trial success, SNG know that, and we have to hope the design of our next
attempt is meticulous in the planning and execution... Then we have to hope someone
will fund a final attempt and not screw us in the deal.... Sakura is just telling it like it is..
There is a long way to go for shareholders here, but we have learned a lot, think we
may have identified a very defined group that could benefit, with the data from
UNIVERSAL we hopefully have a good chance of success...!!
I think MyIPA is Tommy's significant "other" What a lovely pair they make!
So dutiful in defending "Richard" even at the weekend, contstantly monitoring
the board for any wayward post that might dare to criticise their dear Dicky!
I remember being invested in FARN when their IV option failed and guess what they
said as they fought to keep investors onside.."We know it works" word for word...
But they never got to market ...... As we have a few beers in the last chance saloon
with the Sound of Silence we keep the faith that we can actually prove it!!!
MyIPA
"From my side I don't see a downside from here because we know the drug works it's just the trial design is the issue. I'd also hope that that would be solved in 2024 as well."
If you cannot see a downside here then you should steer clear of small reasearch companies on AIM!
There is no guarantee we will pass our P2 ... There you have it a downside ! If that happens will
you lose all of your investment? Yes, there you have another downside !! That really is the most
ridiculous statement posted on here for a long time and my there have been many!!!
Tommy
You are tone deaf when it comes to any reasonable debate..
The size of your holding should have no bearing on how you are treated...
Like TGF I want to know what is going on, but you are advocating the concept
that it is OK to ignore PI's.... It is not!
Tommy
Do you think shareholders of FTSE 100 Companies would allow this lack of communication? NO!
You keep on saying that TGF are happy, well "Richard" has made it clear at the 2022 AGM that
they have regular dialogue with them.... There are 2 classes of shareholder at SNG and that is wrong!
Tommy
Your argument is flawed... You say is is better to say nothing than deliver
bad news... So should we all assume they are hiding bad news because they
are giving no updates? You say bad news woud affect the SP. well no news
has seen us dip 50% since the Sprinter results. There is no acceptable way
to defend a lack of news to the owners of the Company.
Tommy you say in defence of not updating us/the market
"It doesn’t help the share price and doesn’t help the investors confidence either. "
You are talking nonsense. In the last 2 years the SP has lost 50% !!! RM acknowledged
that PI's wanted more communication, he agreed at the AGM to do just that and then
failed to follow through.... That has clearly dented investors confidence as they cannot
trust him and it shows a huge lack of respect...!!!
I expect our Board have already made plans for 2024..
It would have been a huge distraction to make an
unplanned purchase, and it would have diverted funds..
Some huge volumes here in the first few weeks of the year..
I think an update is not far off.... GLA!
Doc83
I think you have raised a poignant point that has not been addressed on here..
LTH's have been on a long and difficult here. But IF our P2's show a conclusive
result, it would be gutting to see a BP step in and take the rewards because
we did not have the funds to do a P3... IF RM/SNG showed more respect/engaged
with PI's, would we be more inclined to fund another P3? I would say a definite YES!
RM does not get the importance of keeping PI's on board, it may cost us all in the end!
We opened at 11p after the RNS saying SPRINTER had failed, I remember it only too well !
So the Deep Dive Data showed despite the failure there were many positives from the trial.
We are nearly at the 2 year anniversary of that horrendous day, but rather than capitalise
on the positives, we have lost 50% as the bid today is 5.5p... The data is only going to
add value here if our board can demonstrate they have the ability to use it effectively.
The market values us at zero in real terms, the SP just reflects what we have in the bank from
the placing that PI's stumped up for but not a single member of our board. It will have
been noted that not one of our board have bought since the SP dropped over 90%...
It shows a great lack of conviction.. The lack of updates to the market also compounds
the decline in our SP......We have to hope they make no mistakes in the design and
execution of our upcoming P2's and that they return a conclusive result or we have
lost everything...Even if they pass we are at the mercy of BP hoping one will want
to either do a JV or buy us out.... Will our potential marketplace be big enough
to interest them??? We have to hope so... But RM & Co. failed to get any interest
after a P3 with strong data, so it is not a given that they will secure something
after a small P2.....Their track record is poor and the funds are low....That is where we are!
LOL Tommy!
Well they did not learn the "valuable lesson" after SPRINTER then...
They Employed a significant number of staff to be ready for commercialisation..
They never considered the trial may fail... But it did, and then they kept all
of the new staff who had no role, drained our cash reserves.... But hey
tell the PI's you think another trial is about to start, that will shut them up!
MyIPA
Just like Tommy, you do not want to have a real discussion..
The thread was discussing RM breaking his promise at the last
AGM 2023 June to communicate more frequently, I pointed
out RM misleads shareholders at AGM's hence I demonstared
how he had done the same at the previous AGM, so totally
relevant...Unless you are in the Tommy camp where any
criticism is an outrage, RM is a great CEO, TGF are very happy!!!!
MyIPA
RM said at the AGM in June 2022 that he thought it was highly likely
that we would be dosing patients in the Winter.... But as we know
there was no trial, my point is that he knew that as if a trial was
that close to starting the process would have been quite advanced.
So he mislead shareholders. If it was a genuine comment then
as he made the statement at the AGM he should have corrected
our position officially and made us aware that in facr there would be
no trial, but he did not, the whole thing has never been addressed....