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Scientists, exemplars in their craft they maybe, but BoD material and Shareholder respectors they are not!
We can answer the Ifs, buts and when.
If the company has the right balance. Exceptional scientific capability, poor BoD for business capabilities, governance, communication, delivery of milestones, shareholders, Accustem etc, etc. In short un balanced.
But, it has great potential, significant futuristic product range, funding going forward, well connected and respected involvement with Big Pharma.
But, even with all this the contorted and stuttering performance of achievement is lacking, forward momenum and SP are being held back because of issues which can be resolved with a driven and proven BoD.
When can this significantly important and potentially equiped company realise its ambitions.
Simple(?) When the Bod gets its ass into gear, restructures the BoD and begins to realise the harsh reality of commercial achievement rather than going the extra millimeter to extend careers or an extra sentence on a medical paper.
Respect to Shareholders and the seriousness of giving and failing Targets/ milestones and timelines would also help!
So much to offer its infuriating sometimes.
BB.
Just relaying this information to the BB after calling the investor number on the website yesterday evening and courteously ansking a couple of questions and, respecting the delicate disclosure rules, these were the answers forthcoming.
All very cordial so I thought it was apprpriate to inform anyone who was interested.
We get good info from 'good folks' on here, hence my decision to share.
All in good faith.
The main market listing is still scheduled before end of year. TILS has provided ALL relevant document to the external agencies involved. The reason for the 'assumed delay' has been due minor delays within those agencies due to staffing and, of course, Covid impact. Same applies to Accustem.
Trials in Brazil continue on schedule.
Mixed 'Ambition with Ability'
Unfortunately, I believe that the company have lacked a certain level of professionalism with regards to the whole process of shifting from AIM to the main market.
I believed they and the financial brokers, PR depts/ company, financial advisers and communications have all mixed ambition with reality on this matter.
Hopefully, they have now acknowledged it and are in a recovery mode.
Lessons Learned, Detailed Strategic Planning before opening ones mouth!!
I concurr with that assumption.
However, the discussion was based on the timeframe for the production of the injection mould tooling with much of the process being done in parallel activities rather than in series. CNC m/c priorities would be managed to the full process leadtime, thus preventing bottlenecks.
I would be rather embarrased at my organisations performance, when equipped with the CNC m/c and tooling equipment/ resources, to take that long considering and respecting the seriousness and priorities to reduce the impact on everyone, which this pandemic is having.
After the significant news disclosed by yesterdays RNS I expected some reasonable headlines in some of today's press of such a breakthrough.
Although I wasnt expecting much from The Guardian or Independant, due to them demonising anything positive in the UK, but I was anticipating something from other press sources.
In my opinion the news yesterday was, potentially, some of the most positive issued in the fight against CV.
Have I missed some reporting, comments in the general media espousing such positive breakthrough?
I do accept that the Hacks are so much up their own posteriors than ever before, but surely missing this is an embarrassment of their capabilities!!!
Very simple and straight forward decision for this company.
A very Rewarding future for all investors here.
To MB for live feed from the depths of Toy Town and the BoD from Shambolic Performing Arts Company.
Nothing of professional content and conduct displayed in this meeting. Very disappointing when smugness and laughter can be evident in a situation that has impacted so many, negatively.
Very Poor and disheartening in having to expect this lot to deliver prosperity.
GLA
I have faith in the assets of Vast but, significantly, I do not have the conviction of faith in the BoD and its capabilities to achieve maximum benefit generically.
The first priority, suggests, that they maintain their salary, including the hangers on, without doing much different from what they have been doing prior.
I assume they have great relief when a cash call is effected and an element of that cash is directed into their pockets. I cannot accept, nor understand, why this Board can perform so badly without any evidence of responsibility or blame. It suggests malaise and weakness has pervaded into the overall performance and if things are a little awkward and they need more cash then dilute some more.
They even have the audacity to promote and advise that all resolutions are accepted and that they as a Board with their massive 1 and a little percent will support. I bet they will!!!
I would add a resolution that their annual salary, for one full year, should be received in shares at a 10%, minimum, premium to an SP after a determined period. Give them some responsibility and ownership to actually achieve something positive for Shareholders.
Before anyone suggests closed periods prevents buying shares, I know but unfortunately with the way we are being managed we are just stumbling along from one crisis to the next, predominantly due to poor management who do not have enough personal skin in the game and have not been as adversely affected to the magnitude of PI's.
I am worried, even though it is necessary at this moment in time, that the BoD are going to get another shed full of funds because I dont think they are capable to effectively manage and prioritise to the best of said funds.
The pressure will be released, yet again, hand rubbing, back slapping and bug eyed, false smiling and laughing on Podcasts by Mr Bungle does not really cut it for me.
Lets see what this week gives. GLA
No I wouldn't pat the **** on the back'
But there is F ALL I can do about it now. So to keep going on about it, repeatedly, is a waste of energy.
Maybe you should be patted on the back for remaining loyal and not getting out earlier.
is history and we cant change it, unfortunately, but some here must like the sound of their own voice and before a smart ass picks a point, likes to read their own prose!
We are repeatedly informed how bad AP is at his job, we are repeatedly informed how bad AP is at his job (have I just wrote that again).
Parrot like posters day after day after,after day, espouse their brilliant and observant cleverness to all, day after day, after day.
Why stick around with a 'Toss pot' in the hot seat after openly admitted you have sold out completely?
Is it that self insecurity in oneself that you just dare not DYOR on another company, just as you did on this?
Is it stick around just in case?
Lets just hope that for all of us who have negative balance in our funds we can recoup some losses and to do so there is not many people we can look to apart from AP to get his act together for once and for always.
Hope is better than being a very negative Parrot poster, who are legends in their own heads who just dont know what else to do!
Misconception of actual trades.
Most showing Red are actually Buys.
My £9.75 k buy showing as a Sell.
Almost loaded up now for the positive influence within ATM to deliver its strategic intent.
Total upside and growth potential going forward.
If you had swapped humility for stupidity in your earlier post you would have understood that many, not all, are really suffering here, varying magnitude of pain, so using words such as 'Fun' was extremely in bad taste.
Good Luck to you and everyone else who remain involved.
Daz. You know absolutely F all about our personal positions and furthermore, clearly visible by your childish summation, I suspect you to be an easy catch, without baiting.
Board governance in your capable hands, oh dear you need to get a life after school finishes !!!!
Wait for RNS and strategic intent, which must evolve from recent and previous failures, before any future investment from Moi.
Whites of their eyes needed at AGM for those who attend. Presumably backslapping will not be on the agenda.