Member Info for missthepenny62

Great summary Max, appreciate it!

Will be interesting to hear what the upcoming Guident announcement is. Talk about being in the right place at the right time with that IP!

Same goes for Belluscura. And I wouldn't worry about diluting our share of this potentially massive cash cow / divestment opp. Our last raise included around £1m earmarked for increasing Tek's share in the project at a fixed price upon approval, thereby protecting us for if and when it does raise (I expect at a premium far higher than our fixed price) in order to accelerate their production. Very smart move by the BoD there.

Lucyd IP will be wanted by someone bigger sooner or later, am confident of that.

Salarius. Wow. About as exciting as it gets for a little PI like me holding a nanocap like Tek right now. Doesn't take much research to realise the opportunity there.

Very confident moving forward. Needs a bit of patience but then again news could land any time re any one of their main projects or indeed a new one being announced via their core business.

And I agree that they have excellent teams in place for each project. Cliff places a huge emphasis on 'We have great products but we also need great people behind them too'...

GLA.

Time is indeed ticking for the RTO announcement. I'll be very disappointed if it goes into suspension first although that's the way it's looking.

If an RTO doesn't even occur during suspension then a legal case against the BoD should surely be pursued, as it would in that situation appear the company were ramping their chances of a takeover in order to simply get placings away so they could line their pockets for as long as possible, at shareholders' expense of course.

Agreed Soyo, Lumsden was so arrogant throughout the entire process and his lack of remorse in ruining many a PI pension pot was palpable.

I desperately hope my cynicism is misguided and an RTO can happen as previous RNSs have strongly suggested!

Not long now. GLA!

I've found that it hasn't so much spiked as steadily risen, and while big news hasn't yet landed, pretty much zero bad news has landed either - which is a rarity among microcaps looking to make their way in the world.

It appears the market likes it's potential and sees near term profitability. At least that's why I'm invested myself. However, it's still a waiting / guessing game to an extent of course.

Either way, no, I don't recall ilika being leaky in the past.

GL.

There's NO WAY widecells was decent! They flattered to deceive and had loads of hidden debt which led to this awful CLN deal in the first place.

Say what you like about ICON, but do NOT call WDC decent. Their old CEO was living it up and posing and spending all the money with absolutely zero income on the horizon which led to suspension. They would have delisted without the switch to ICON.

Just want this CLN deal to end, too bad it's going to take up to three more months, but after that let's see what happens...

Am not sure why people are complaining about the discount. Considering the previous raise was 3p and the price shot up to 22p on very little since, then at 12p the company has done extremely well for itself and it should keep them going hopefully until some real news finally happens?

You're right, I ALWAYS forget that! It's been acting like a typical AIM share for so long. Same goes for HEMO I usually forget that's main mkt too!

Anyway, not too concerned about the SP today. The nearing end of the CLNs is the main thing and when that happens, the SP could seriously recover in the long term.

So you're saying they are lying in the RNS and therefore breaking the law and risking jail just to help EHGOS out, a drag they are actually trying to get rid of, is that the best you can do?

Hmmm, yesterday someone accused Applegarth of sticking his head in the sand. Oh how the tables can turn on just one RNS. I love AIM, sometimes!

They will only borrow to expand, and on far more favourable terms than before as they will no longer be desperate.

Just like any reputable company on AIM, which is fantastic news compared to the 'death spiral' status courtesy of those CLNs that dragged the SP to ludicrous all time lows just yesterday!

Onwards and upwards, let's see where this will be in a year or two's time. I'll be happy enough with around 0.15p which is achievable IMO. A growing company in a growing industry that is coming out of a brutal covid / CLN double whammy, a situation ICON has ultimately managed to survive well.

The deafening silence from the usually very vocal usual posters (who are obviously entitled to their opinion on a share that has cratered off the back of those CLNs) here is surely a good sign?

Either they're still trying to find holes in the update or are hoping to buy back in before the herd arrives? Anyway, the big headline here for anyone who doesn't know much about the company is the end of the CLNs. Everything else is a bonus and things are finally looking up!

GLA.

I understand why there's so many haters on here, am deeply underwater due to the CLNs and broken promises myself, but this RNS reads well enough to me.

The deal includes guaranteed annual income equivalent to their ICON's current mcap, plus a quarter of any profits, this on top of them continuing to grow GSN, Infotageon, TLE, etc.

They also state they will be PROFITABLE within three months and therefore are planning to end the destructive CLNs by end of this quarter!

Say what you will about the past but ICON being profitable is a rarity on AIM indeed, and they're still eyeing up further acquisitions which the market usually likes. They also went out of their way to explain how Sefton won't be allowed anywhere near an official position in the company as they know he's tainted with PIs - especially the regulars on here who are still hanging around long after selling up.

On that note, things appear to have gotten a bit out of hand with this BB. Can we please stop the playground antics and focus on actual news, which could soon become much more positive once the relentless sucker punch CLN TR1s finally dry up!

GLA long suffering LTHs, hopefully there's finally light at the end of the tunnel (have been here since WDC days - now they really were crooked!!!).

Just wish most other companies I'm invested in could follow SBTX's example.

Cashed up and progressing very well on all fronts. As strong a hold as any and a bargain at this price IMO.

DYOR.

Couldn't agree more BigBang. Been holding here for over 3 years, and will continue to do so as there are massive inflection points due, it's just a question of patience.

GLA.

Re Lucyd, I recently got a pair and they're good for the price. However the crowdfund appears to be centered on the release of a newer version Lucyd Lyte.

Like with Tek's other portfolio companies, I think they see the big value in the IP rather than the long term profitability of such incubation projects. Tek will be open to offers for all their IP as larger companies develop their tech and may need what Tek have patented already as they move forward.

Having said that, I honestly hope Tek keep hold of Salarius, it really does seem like it could become massive even in the near term. The potential Vs mcap is crazy.

Finger crossed.

The SP ridiculous considering how close we are to a decision:

https://twitter.com/missthepenny62/status/1270679224303513600?s=19

Pity cos fair price all things considered is about 25p IMO, which would then see easily 50p+ on approval.

GLA

Surely this is the best news they've had in ages. Such partnerships are the way they need to go if the company is to realise its potential, especially after shutting their Spanish plant and steamlining operations.

Midtech has a great pipeline, is cashed up after the recent placing (hence the current overhang) and I believe that partnerships like this will either help increase their sale value or remove the need for a sale at all as it enables them to advance their pipeline through big pharma.

Dr Reddy's isn't well known (hence the lack of a spike in the SP so far) but they are mahoosive.

Thoughts?

GLA.

You barely ever see an auto trade on any share, however Motif has countless of them!

Very fishy if you ask me and they have tended to hold the price down or reverse any decent rise on many occassions since the Nasdaq listing. Nobody has ever been able to offer a decent explaination as to why Motif is plagued by them in comparison to any other share.

Obviously the horrendous destruction of SH value lies primarily at GL's feet (along perhaps with the FDA themselves if you know the ins and outs of the build up to the CRL decision). However, the ATs certainly haven't helped and seemed to keep the SP in check even after momentous inflection points such as passing two P3 trials which would have seen any other share at least double in anticipation of approval. In Motif's case any rise was crushed by relentless ATs lowering the price as soon as volume thinned.

This had two main effects: it killed any momentum and most importantly denied PIs the chance to derisk before the FDA decision day. This is a key reason why so many LTHs are sitting on huge losses here. Compare this to a company like IMM which shot up before P3 results and most LTHs had derisked significantly before their trial results were announced.

A bit of bitter history for you. Seriously, somebody please explain why Motif has SO many more ATs than any other share on the market. I've been asking this for a couple of years now.

As for the RTO, fingers crossed. If it happens it would be fantastic. GLA.

Agreed Saint, finally a day when the host of trolls and blind rampers that recently arrived with the herd aren't around, so the adults in the room can talk without being distracted by their nonsense. Some excellent points and some old faces back from the pre CRL days I see.

Seems like an RTO is very much on the cards, whether it be Lamellar or another entity. Talk about iclaprim's potential, tax credits, Wardbaugh's impressive credentials and relevant links etc are all pertinent points at this juncture. I just hope it can help any remaining LTH (myself included) recoup their heavy paper losses.

P.s. Bobby is a disgrace to the shirt - he's very probably a bitter in disguise.

GLA.

I have L2 and my brain is melting as I'm watching buys flood in at 1.2

Why did I go all in on the CRAZIEST share on the market four years ago.

Have aged an extra ten yrs thanks motif, and today is another killer.

A buy at 1.3 just went in, better post this right now!

Bitters laughing at holders here, don't realise that the RNS has basically confirmed the RTO rumours PLUS taken care of funding so there'll be nothing to pull back the next crazy rise. Am pretty sure that whichever company does the RTO will be worth a lot more than Motif is right now.

Will average down (yet again) if it drops near 0.4p. Hope is officially rekindled, am happy. We've seen it go from 0.2 to 1.5 in ONE DAY and WITH the threat of a placing hanging over it.

Market will like this hopefully. An II asking to buy in, wonder if they're also the ones doing the 1mil+ buys late yday...

GLA!

Was watching the auction live like it was a footy match or sthg. Went into extra time!

Usually they're closed by 4.40 but this one went on and on. Was happy with the price at close. Just waiting for an RNS now, SP could continue to run amok in the meantime..!