Member Info for Moljen

If you engaged your brain rather than just being a gob s***e half of the time the person you are slagging off on the Advfn Board has actually just posted some information relevant to the ongoing situation in Zim. Try having read and then take a minute or two to ponder it's meaning - lack of foreign currency reserves, issues with the MoF who are also shareholders etc etc. Sort of suggests the Zim Government won't be riding to there rescue on a glorious White Stallion, if they can't sort things for a major supplier of mainstay products to the consumer market (you know those people who riot!) a time pot repeatedly failing mine ain't exactly going to be high up the agenda.
https://bulawayo24.com/index-id-news-sc-national-byo-153459.html

IMO Sell

It's not yet fed through to the share price yet which is what I was alluding to, I bought the story long ago.

Doire - that figure inc share options, the figure you need to use is the 1st two columns which are "cash" and totalled about $350K for all Directors. Also note the agreement to reduce salaries was "in principal", its never actually been confirmed anywhere nor have we had any notice of issue of equity in respect of it so there has never actually been any clarification.
However, assuming it has occurred just so as I'm not accused of trolling and since we were overdrawn at the bank at the date of interims and have not sold any assets the only way the remaining 50% could have been paid is either by further increasing the overdraft, or by using some of the £750K raised if it was held separately to the overdrawn bank account or it may well just be sitting in the accounts as an amount owed. We will not know until the AA are produced.

It's what is wanted for the next 100,000 that counts, some great prospects here but the paint drying watching experience is getting bit tiresome now.

all have seen today, via a certain airline, what it's like for a company desperately needing capital. Yes they've got it but the poor bar stewards holding the shares yesterday have been right royally ......
How much is put in is just half the equation and probably the half more relevant to future shareholders, it's the cost applicable that is most relevant to existing shareholders.

A quick tally of the last two day's trades amounts to about £60K, I'd give more credence to the Irish Lottery Winner wanting to buy in rather than heist of the century occurring. Makes a change from the Zim Government or RTZ saving the day I suppose

23rd could be a really interesting day for me, not only the GC announcement but also got tickets to visit the GEIC via my VRS holding.

Bloody hell Inn, never thought I'd say this but I agree with you PMSL

poncing!!!!

pouncing around - spell checker

Inn - I never said anything about getting it to market faster, I've talked about generating and creating a wider shareholder base, the more solid and sticky that is then you tend to find the next investor wanting to buy in has to pay more and the price goes up and stays up. If we had say 30 UNHW's all wanting to put say £1M in for the journey, be it 2, 3 or 5 years would we be pouncing wound at under 8p? I think not - with what we have I'm pretty sure I could have persuaded on average 6 HNW's to acquire £1M worth of shares over the last five years, you don't find them with poor websites and crappy proactive interviews you find them by getting off your arse and going out and networking and knocking on doors

Bob, I'll try to answer this as succinctly as possible. The non science BoD have a job to do which includes creating interest in our shares, not just the end price but throughout the journey and since 2013 IMO they have been woefully inept at this task and ultimately have cost us all a fortune through dilution. I accept dilution is required but what I don't accept is that it has to occur at a lower price each time because the share price has not progressed since the last dilution. I have a product to sell which is a share in a company in one of the hottest markets in medicine and to use an oft quoted remark we can't kill a bloody mouse, I have brilliant relationships with some fantastic partners etc etc. Our share price is a selling job and once you discount the product, the place, the price etc as they're all good you have to come back to it's the salesman. Honestly I looked at our web site today, it's crap - news last updated end Oct / start Nov last year, I have a friend who runs a Wealth Management Company with the best part of a billion under management and a big chunk is discretionary, never heard of Scancell, is anybody out knocking on doors of HNW's or UNHW's etc etc. Surely with what we have it's not that difficult to get out there and drum up some interest towards buying our shares rather than relying on the 50 or so of us who inhabit this and the ADVFN board. Honestly I could get into a complete rant but trust you get where I'm coming from - the BoD need to generate long term sustainable interest in this share and I don't think it should be too difficult a job but our lot seem incapable of doing it.

I wish it were only a year - first invested here in 2013, was bloody obvious back then at the AGM that the commercial side of this business was weak. Unfortunately didn't quite realise how weak until much later so now rather a lot invested here and 50% down. They'll be having the pleasure of my Company at the next AGM if there is no change and this time I perhaps won't be as diplomatic in my comments. Considering the scientific efforts of the staff here lord knows how they feel with this continuing failing on the other side if the Company

Is the first anniversary since his appointment tomorrow going to be a new or thereabouts 12 month low?
Somebody should be hanging their head in bloody shame if it is

How can one person be so deluded is beyond me, buys flooding in with a total 10 trades for a poxy 14m shares.
You're just embarrassing yourself now, please stop it

I think the Emperor's New Clothes situation is eventually beginning to sink in, absolute disgrace the silence from the Company

Acker - cash flow suggests in and out which definitely isn't the case here as it's out, out and out. Suggest a better phrase would be cash drain (if there's any left to drain)

to all who participated in songs for the Prem Xmas Party, British gallows humour at it's best.
One or two notable MIA's from the usual posters but hey ho you can't please all of the people all of the time.
Hopefully tomorrow we shareholders may actually get some news (good or bad) as it's the very least courtesy that should be afforded to shareholders considering the situation the Company is in.

K46 love it :-)
Got to pop out for a few hours, look forward to seeing the full list when back