Member Info for MikG

No worries OT, agreed with your thoughts on process. Re timelines, it can vary from company to company for receipt of shares. Just depends on level of organisation, speed at which the company collates all info from brokers and nominees to formulate the new shareholder register, and once that is determined, we should receive physical share certificates.

That's not it. The cash shell holds nothing bar the 19m cash and becomes a Rule 15 shell to deploy the cash into other opportunities, as the company has outlined, within the next 6 months. It is now known as Abaco Capital and has ZILCH to do with the old OXP now, bar its cash having been spun out into it. The majority of your prior OXP holding is now in Abaco Capital, ticker ABA, with 19m cash to deploy as discussed above. This will be liquid etc as per being a listed entity. The remnants of the old OXP asset base post demerger go into OPL, which you will receive shares in (physical that should be settled by your broker). It is a private company that accordingly you will be able to buy/sell only on matched settlement basis, as per standard private companies. This will continue all the work of the old OXP, and take with it 1.3m cash (and revenue generating from the chews as you mentioned).

OldThor.. Nothing, they are completely separate entities, one listed (Abaco/ABA), one private. Now the corp action is executed, you hold two different things, and the sale of one does not impact your holding in the other.

This isn�t about a monetary target or expectant share price move, it�s about seeing the BOD build adequate skin in the game to show their interests are aligned with shareholders. Your perfectly entitled to disagree, but I personally don�t think 0.285% of the issued share capital cuts it, and people posting on this B.B could well hold more. A director building a sizeable holding can be great to build sentiment, and that�s certainly one thing missing here. I think your talk of make or break is extreme, but there�s no disputing that as well as assisting sentiment (�if those in the know will put their hard earned on the line, this must be a good opportunity�), it also has the benefit of reducing free float / market maker supply, additionally helping the share price.

I don't think he was onto a hiding to nothing.. as much as I wanted (and pressed) for him to buy shares, I had never expected it to be such a derisory sized buy. Had he put his hands in his pockets to a reasonable tune, relative to his salary and terrible amount of skin in the game, I'd have been happy. And the share price would have responded. He isn't short of a few bob as others have implied either; last year he took �160 grand home for his work at CPT. This buy would be barely a months net salary; and frankly if the CEO doesn't see these all time lows as the time to increase his sub 0.3% of the company holding, then what will it take!

When I saw Director shareholding pop up, I really, really thought (hoped) it may have been that 4m after hours buy yesterday. Coming from the BOD that would have been a HUGE statement of intent from them! Instead, I see a whimper of not even 8 grands worth. Barely a months wages to Erik I'd have thought. I sincerely worry this share is going to be a perennial disappointment - as its been nothing since from the moment I bought in (and now 50% underwater).

The BOD have been transparent in that they have been prohibited from buying on the grounds that they are privy to inside information. We can therefore assume that they are currently in the process of sales order negotiations, as that seems the most likely inside information that would stop them partaking. Hopefully more continued positive news flow to follow, and aid in churning over any of the less sticky placement shares.

Hi mike, good debate and always good to have 2 differing perspectives. Ultimately though, I do agree with your point that the BOD look like they couldn't arrange a knees up in a brewery with how they;ve done here. Maybe I just feel that with the right additions to get a more balanced mix, and givens they will just be sourcing the investment (and not doing any of the donkey work themselves!!), a discount to cash shell is a fresh start that might be a good platform to see a return of a little value here. I've also seen a few examples of what's been done with shells on AIM over the past year or two, and some of the premiums they;ve achieved. Maybe it just feels more exciting as I'd got used to this being a bottom drawer share, out in the wilderness with no volume / news / near term catalysts (I never backed them to get a partner). Anyways, best of luck with what you do, and investments etc.

Mike, I agree with your point to an extent. To my mind though, they have failed in the business side of things by not being able to secure a partner etc. The BOD have the acumen in the industry; and have held positions at P&G, Boots etc. I'd suspect they know their stuff, but perhaps lack the business know-how to have coerced others into buying into the story at various points. Ultimately though, this is AIM. Coupled with their CVs, one or two shrewd NED appointments, and I suspect Abaco could be well positioned. And I believe will offer more opportunity for share price appreciation than if the market were sat waiting on new endpoints to be met for OXPzero. That is just my personal opinion, and will not be of comfort to those with much higher averages. I can see how perspectives might differ in such a predicament. But being able to buy into a shell at a discount to cash is rare in itself, and these can often steam ahead with the right board mix and a well placed deployment of cash. All IMO.

I appreciate your cynicism as this has been an utter disaster to date. But how would a �2m mcap be justified? This is about to become an AIM shell with �19m cash - could it not be argued they have failed more with the business side than the technology side? It had got to the point where the market has lost all faith in them monetizing their portfolio of assets & the costs of the AIM listing would just erode their cash balance. It was trading at such a discount to cash due to that lack of faith. An AIM shell at least to my mind, gives the market some impetus and almost a "fresh start", Admittedly, the best case scenario would have been someone to come on board, but I'd resigned myself to the fact that others wouldn't see the potential and that wouldn't happen. It may take years to get it where it needs to be, and without this spin out, where would the share price have gone in the meantime on AIM with no tangible news flow? Its already all bar erased to nothing in terms of SP. I guess a market by nature always requires two opposing views.

Just no demand at ANY level it seems. MMs understandably (doing their job) and dropping this as part of price discovery to try and find some buyers (support) - and just NOTHING in sight. All the drops seem to entice are more sellers (only on AIM) are people seemingly incentived to sell the lower it goes. I like the sound of the team in correspondence etc, and I think they are pushing this on well behind the scenes, but the listing management and share price performance is a disgrace. The PR company should hang their heads in shame, and so should the BOD for rewarding shareholder loyalty by basically eroding value and ensuring no shareholder value is created. Shambles.

Quoted in UK Investor Magazine this month, talking of Concepta: "Concepta specialises in improving fertility - the product which is revolutionary has passed all Chinese hospital trials we have received our first order and shipped it - we are a commercial business and not a business that you are continually trying to bring a product to market - we have done it and now you will see our sales grow rapidly". Rapidly a key takeaway for me there. I sincerely hope the reason EK, AR etc are not buying these down here is because some of said rapid sales are in the pipeline, and they are prohibited from doing so. At anywhere near (even the revised) forecasted sales numbers, this is a snip on a PE and forward looking basis. And I really hope those of us who've stuck by it are rewarded for the stress of seeing this drip fed downwards by unscrupulous market makers exposing poor PR and AIM listing management by the company. If they are doing everything else away from managing the share price well, then we should all be quids in, no matter what average we have. I'd probably rather that than them having a garbage asset with no demand or uneconomic potential, yet ramped to high hills on the VOX platform and the like.

40k of net buys apparently Amber.. it doesn't even take a sell side imbalance anymore it seems. Whilst these drops on no volume / net buys may mean nothing to the market makers as they delve down until they discover sustained buyers, to us shareholders these REALLY add up. A 50% decrease from our buy in price means we need a 100% rise to then break even. A 75% decrease from our buy in, means we then need 300% to just BREAK EVEN. The ease at which they drop it only affects us who have stood by and supported this share - while the BOD stands by and allows it. Kath - mail on the way.

You are right, the 9ps etc yesterday were buys. For my foolishness, I added some at that price! So we have a situation where the share doesn't go up when getting bought, buys are presented as sells (other than the frustrated / impatient nobody should really want to be selling at these all time lows), and then as if we aren't getting hammered enough, they decide to just mark it down on fresh air this morning!! So 9 needs a whole raft of buying yet again! Its just ridiculous. There is nothing to stop this - the company is nowhere near enough on the radar, TW / HSR can't even get this going as people are losing the faith it seems, and perhaps envisaged faster sales order delivery to support the forecasted sales? At this rate, we will all be talking about the potential and promise at 5p before long, and we'll need hundreds of percent just to get back to the level of earlier this year. The BOD don't seem too concerned so it's hard to see much else of an outcome.

Yes, it�s a tricky one. I�d wondered the same. I guess because they are privy to what is going on, how things are performing etc and seemingly cannot update the market on every item of news (they are apparently having issue with rns-ing some info as it constitutes �marketing� - though I�d argue RNS-Reach it), he might know more than someone able to buy should. It would certainly help gain some momentum, and especially when I see some BODs really backing heavy in other shares, and then responding in the absence of news. Just what�s needed here imo.

I hope your right, but don�t you think it�s about time they put their hands in their pockets and started buying some? I was told they were sat on price sensitive info and therefore couldn�t buy, yet surely after the latest release, they are free to do so? Since pointing that out and bringing it to Erik�s attention, lines of communication have dropped. But don�t others agree that it would be a massive statement of intent and belief (if you could call it that off all time lows). It would also provide some optimism for shareholders like me, who averaged up on the way up, and are now sat a looong way off even break even.

Does anyone have Erik's email address please? This share is farcical, and it will soon need a few hundred percent rise just to get back to where it was a year ago.

Absolutely agree Gibson; the company is going about its business in a way that should ultimately make it impossible to ignore. It just grinds me to see so many garbage AIM shares promoted to the hills; uneconomical mines that will never see the light of day, promotion of loss making businesses with no USP etc. And yet, this is pioneering technology and would be a huge source of excitement for a massive audience. We have friends that I've talked to about it, that would be massive contenders for a product like this. And she knows of huge communities that would embrace something like this. And that is just a tip of the tip of the iceberg. And when I've spoke to them about it; they don't get why they haven't heard anything about it, givens what a development it is in that sort of field. I just think with the right guidance and direction this could be a complete monster. Instead, we need a 100% rise just to get back to where we were before we made a bunch of progress. Anyways, nothing a lowly shareholder like me can do. Bar have a grumble on here. Sorry folks.

Gibson, thanks for the reply. And I agree with TW/your notion that these are incredibly cheap; and I myself continue to (incessantly) top up. I often suspect it's probably the same few of us buying here and mitigating the damage. But its a case of how much can you buy, and it is increasingly tedious to see the value of my holding eroded week after week. Completely agree on your analysis of AIM and the market. But, my contention is, if CPT are listed on this market (for the sole benefit of access to capital), then to be able to get that capital on favourable terms, it really needs to start playing the game. It's completely off the radar, and is doing nothing to raise its profile. This is leading to a drip effect as said traders go off to chase the next share (one that is being promoted / put in the shop window), but its us who are worse off for trying to step in and support the share price, and topping up as this goes from cheap to incredibly cheap to extraordinarily cheap etc etc. Sorry for the rant - just feel like if you choose to list on this market then you need to learn how to do more to play the game, otherwise you just get swallowed by it. And on your point re the shift in fundamentals since 21p, I disagree. To my mind, things have actually improved since then. More ducks are in the row, and progress continues to be made. This makes it even more irritating how the SP has performed.

Volume spike, few days of small gains - but again, where has it got this share? In spite of the few days of reasonable volume buying, a morning session of a few sells (nothing significant), and here we are looking at ANOTHER down week on this share. No support seemingly at any price here, and its been in utter freefall since the late teens, continuing to see no real dip buyers step in to defend it. Huge propsect and potential, but seriously needs some better PR or - with these being AIM - a few of the prevalent pumpers to pick up on it for some of the masses to see the potential it has. If cash needs to be raised, these weekly drops add up as all they mean is a lower raise and greater dilution to us sat here now. Shambles.