Member Info for Natdan

British Biocell International? A number of acquisitions, apparently successfully integrated.
Perhaps YGEN's future pathway.

Nice find notaflipper.
Good to see how passionate Mr Lynn is about the company, and the future strategy he carefully outlines.
Having already delivered on the two key components of debt elimination and litigation removal, who would doubt his stated intentions of getting a decent foothold in the two most lucrative markets, the US and China?
Since this broadcast, it's heartening to see that he is greatly increasing the product range with our new purchase, another key component of his planned core objectives.
I really do believe the market has in no way woken up yet to the future potential and deliverability of this company.

Of particular note is the fact that Chang and Rees between them have mopped up the entire subscription allocation, a cool half a million quid. Can't think of a better endorsement and vote of confidence, no messing, just putting their money where the mouth is.

Money for the placing raised in double-quick time and significantly oversubscribed.

Am just wondering how long, should the rapid expansion of testing prove to be accurate, the existing facilities are able to cope efficiently and effectively.
For anyone who has visited the current premises in Manchester, 'modest' may be regarded as a polite description.
As sales become increasingly skewed as a proportion to ex-UK locations, is there any likelihood of a requirement in due course to relocate and, if so, what cost implications might arise?
Just a thought.

..."pleased to announce a placing..." -why? , stated one assumes without the slightest hint of irony. Or desperation.

Serious listing to starboard, skipper, just like the pride of the seas they used to own...

Underwhelming market response. More illusions of grandeur, top heavy BOD which cannot possibly be justified in view of lack of performance to date.
Iran will not happen in my humble estimation or, if it does, will be a seriously shrunken version. Not a game changer.

Yes, just what we need another bean-counter, in readiness possibly to tap the market for more emergency funding and more dilution.

Let's put the share purchase in context: the gross amount would barely pay for a man and a van ( and his dog) in the low-margin security company.
Not so much as skin in the game as a sticking plaster over a gaping wound. No more than a weak gesture purchase.

The acquisition has, in my humble opinion, been made without rhyme or reason. It is as random as buying a boat to float around a distant African shore.
The leftovers extracted from the administrator consists of a company whose bread and butter earnings are low margin, people and capital intensive, and subject to cut-throat competition. Even PF admits that the accounts on which presumably a decision was made to buy, are at best incomplete. The security co. does not even provide a current trading update. A guesstimate at best.

The rationale for purchase at this time and in that sector is not clear, The Iranian contract debacle appears as distant as ever from successful resolution.
Well at least the usual options on offer were readily available....

It seems PF sees himself as the new Mike Ashley, buying up mortally wounded PLC's from the administrators.
Expect he will be sending some of the acquired staff over to Iran to lend a hand with sanction-busting ops!
Would it be unreasonable to assume that WSG lacks any meaningful strategy or longer term game plan?

£10k from a bean counter is hardly a shiny endorsement purchase.but every little helps.

And welcome aboard to the options gravy train for our latest director recruit. Look forward to the BOD tackling head-on the soaring admin charges currently crippling the accounts.

HereandNow - could be a good motto for the company to adopt don't you think?
Have been in here long enough to fully realise how this company has operated and performed. The record speaks for itself.
Thankfully only invested here in my speculative portfolio, remain well underwater.

Wsg is nothing more than a small fish in a large pond. To try and elevate itself onto the world stage is comedy. I doubt it even shows up on the radar of the US.
Not hilarious, just a touch of realism judging from this PLC's illustrious track record.
If the contract is signed, get on with it I say and address any remaining issues if and when they present themselves.
The ludicrous delay since the original contract announcement cannot possibly be justified.

The updates provided on the Iranian farce are basically more of the same, the same excuses wheeled out and even new ones added ( need to sort a new insurance policy out, redraft parts of the contract)
The time delays since the original contract announcement are ominous, and this has the feel of being a fig-leaf behind which the BOD continue to hide. EIther the Co initiates this contract pronto or its dead in the water appears the likely scenario to me.

I do tend to enjoy these RNSs, if only for their creative writing dexterity and comedy value. Today's prize entry is the suggestion this Co. Is set to "benefit from unprecedented growth opportunities." Pray where from, dear investor? Unprecedented?....

I'd drive a billion miles, for one of your smiles, my Kenny...

Of all the futile RNSs I have encountered over the years, especially in AIM, this one takes the biscuit.
How irrelevant and what a waste of money.
Am not sure if the CEO is waving to us or simply drowning, or maybe even a touch of the Tourette's.

Judging from today's underwhelming RNS, it seems that the incoming CEO has already achieved the option target!
You really couldn't make it up, worthy perhaps of the old Stalinist market fixing methodology!
Who sets these onerous targets, what accountability or challenges do they actually encounter, and is it approved without the slightest hint of embarrassment?

I believe that it is not the first time that an "admin" error has occurred in the haste to spew out new options, shameful basic miscalculations should not be happening. Anyone held to account, perhaps?

The ongoing dilution by the back door would be slightly more acceptable if those in charge actually managed to extricate this tiddler from the Illumina web, on favourable terms and actually free up the company to grow as it could and should, including the SP.

Trebles all round....

Seems that Dr L, being ultimately responsible for the trajectory taken by NIPT to date ( faux pas with patent, confidently down the legal route, appeal, etc ) has returned to the boffin role to which he is perhaps best suited.
This potentially brings a fresh pair of eyes to the Illumina quagmire in which we are still embroiled, maybe a new approach to a settlement ahead?

Thankyou Jungle, bIgears et al.
I voiced the viewpoint at the time re the contract signing date being suspiciously close to the Trump announcement.
AFter two years of MOUing and endless near-misses it beggars belief that the contract to end all contracts lands, only to hit the buffers the very next day.
Add in the usual disclaimers of no certainty as to timing and outcome, complex negotiations etc etc, and the PI looks to well and truly have been sold a pup.