DRIFTING28 Jun 2021 14:39
Widglide,
I assume you are intimating myself with the comment:
"feeding info to certain share holders who managed to convince everyone this the right deal and now look ...."
Firstly, nobody has been feeding me information. I ask questions, just like you are able to, and i get answers.
Secondly, i haven't convinced anyone this is the right deal. I have repeatedly said that all my posts are in my opinion. You should make your own mind up with your investments.
That said, it is still my opinion that this will be good. Just not in the time frame you were clearly wanting. The prospectus clearly spells out a timetable of events. You say that "they are slow at making it happen" This is bio technology. Nothing happens in weeks. I said that i expected to see the BOD signing up some licensing deals etc fairly soon after listing. We are only what, 5 weeks into listing and they have notified an MOU with some pretty decent numbers., so things are starting to happen. There will be more to come.
As for "rejecting the deal and making a better one" i think i can safely guarantee that that would never have happened. We only had a small amount of cash left, and the cost of an aborted RTO, (don't forget that capital was "pre" raised from investors, so they would not be happy) would have closed us up for good. The relisting costs i think were in the region of £half a million. There is absolutely no way we could start again.
Other companies won't have the same product faster than us.
For a start, the technology is patented. For another, we are far in advance of the technology, with Dr Coverley having presided over this for the time she has.
I was reading an article last night, and it may surprise you to know that it was an article in Peru, that are aware of our company and the technology we have developed.
Yes the share price is a real s*it at the minute, and to be fair, i am hugely down at the minute. But i believe that in time this will be a great company, if everything comes to fruition.
However, do not rely on my opinion.
Neil