Member Info for neon

Von Jako just showed his true colour once again, a proper dodgy second hand car salesman. What were they thinking writing this RNS? Comments like this will only invite sellers, nothing else. They were super positive literally weeks ago during their investors show, now it’s all doom and gloom, sheer incompetence this is, nothing else.

It’s a wake-up call for all the UK investors, never trust a US company working in the US with the entire management while listed in the UK AIM market. Burning £800k per month and now thinking about stricter financial discipline! What they were doing all this time then? Playing Tik Tak Toe? Could have raised some funds a year ago at a much higher price when it was obvious they will need funds with their extremely high burn rates. CFO looks and talks like mental patient. I genuinely feel sorry for any genuine holders, you received lots of warnings based on true facts from some regular posters, should have listened to them.

Yes but it's for the existing shareholders only, not for the mgt. They don't care as long as they are getting their wages. How much Von Jako earned since he joined? He is nothing like RH, remember RH used to buy big in open market whenever SP took a hit, infact they all did, the old regime I'm on about. To me, Jako sounds like second hand car salesman, you know he sounds dodgy yet paying attention listening to him lol.

It's really amazing to see how shareholders value have been systematically destroyed by this company, it lost over 99% value in last 5 years!!

Don't forget the last holding update, Peter Wood's holding has gone below 3% so can now sell without notifying, helping the shorters dropping the SP even further.

So are you saying $4.5M/$800K=5.62 months worth cash left? Mid march that is right? Surely they should raise the cash now before it's too late.

Now that is an amazing holding with an amazing average price, well done! And I hope you will earn several multiple of your investment with REVB. And with the business, I honestly think it has experienced the worst with everything, things will only get better from now on with this new management. Afterall Boohoo taught everybody how to destroy a profitable company. Just don't do what they do, REVB will be back into profit in no time lol.

GL :)

MrJones

Experienced investors who know the sector will probably buy in now If I'm being honest. The old regime is now back and the company was profitable under them until bohoo lot intervined. I've been burned so many times that now I choose to wait and buy in when the turn around is confirmed and company is making money. But then again by then it may rise by several multiple as market moves before the even occours. But I must say, current SP looks extremely tempting knowing what we know now. Business will always have debt but the question is how are you managing it. Warpaint hasn't got any but their products are not as good as Revolutions which is a fact. Current management know how to play the game so watch the space.

Thanks for raising those valid points tomorrow. Polx patent is super grey area and they like to talk mush about it anyway. Also it makes sense for Bracco and Nukem to short the hell out of polx and participate in the fund raise to cover their shorts with the placing shares, not sure if it has taken place but given the extraordinary destruction of the shareholders value happened under Von Jako stewardship, who knows what really took place or taking place now, after all it’s an American company employing American people working with American organisations but listed in AIM UK, may be just to rob us all with their juicy carrots which never really materialised

It will rise* march

Fair point but until the seller(s) is/are out, I personally don't see it's going up by much but it is truly conviencing to see the old regimes return. With good news, it will march faster than warpaint in my view. I'm not in yet until further news but can see the SP gradually going up.

GLA

Only to come down again. Private investors have lost the appetite to invest in this market, myself included.

No idea, it seems like never ending drop. Somebody must have sold a big chunk, it was 2.20p on the bid, ask 2.49p but now recovering. Shame!

Bid lowered to 2.20p, now sp is at 2.50p. What the **ll is going on? Resisting my temtation to buy in but really shocked to see it below 3p fund raise price to be honest. I hope holders get their money back at some point. Warpaint however marching ahead it seems.

Polx summary:

“The company's financial performance and outlook raise significant concerns. Revenues have declined from US$1.1m in H1 2024 to US$0.6m in H1 2025, while losses have increased from US$4.0m to US$5.1m over the same period. The lowered 2025 revenue guidance from US$5-6m to US$2.5-3.5m indicates ongoing challenges. Despite some positive developments in regulatory approvals and partnerships, these are overshadowed by the financial difficulties and market uncertainties. The company's cash position has deteriorated, and there's a material uncertainty about raising additional capital. The medical device sector is facing headwinds from funding cuts, leading to delays in purchasing decisions. While consumable sales have shown growth, the overall financial picture remains concerning.”

I think you have done a good job in last few weeks highlighting factual information so well done for that. Ne investors who bought after the drop might hate it and will put you down for raising true concerns but lots of other investors will definitely thank you for raising the issues. I watched Jako's vox interview literally few months ago where he gave the earning guidance closer to £5M but yesterday's RNS proves he clearly lied about that. His spoke like a second hand car salesman. I remember previous CEO bought shares in the open market after every dramatic falls to restore investor confidence but this guy never did that. I saw the SP dropping continuously from 29p to the last terrible funds raise at 1p continuously while him pumping polx on linkedin. If we saved £1 for every single time people talked about Philips/Nukem/Bracco taking over polx, we all probably would have become millionaires by now lol

This company needs funds soon so it's expected for them to highlight few positives to get next round of the funding done. Question is how much they can raise next time given their extremely high cash burn rate with extremely slow progress todate.

Keep an eye on the short tracker website. It's most likely because shorters increased their shorts on futr.

Today's RNS clarifies doubts but the word "soft" trading was mentioned good few times so shorters are taking this opporutnity. Let's see what tomorrow brings, again patiently waiting ... ... ...

Shpunken

I personally doubt there would be any. Otherwise they would have shouted about it from the roof top by now. The big question is at the price the next raise is gonna be? Not sure if they have to declare an EGM to get the funding sorted, it's gonna be billions of shares, mega dilution for the existing shareholders. Well, as long as Mr. Von Jako is having his £300-£400k for the next year, he won't mind another mega dilution I suppose!

Please excuse my iphone typos

I do appreciate the share buyback program being run which will increase the EPS but personally I still think the could use this cash in buying tiny credible businesses to expand companies future growth potentails. Who knows, they are probably doing that already doing that so might surprise the market on 26th!

GLA

Shorters are very clever folks and they have increased to 3% so far which is not a good sign for holders unless the company comes out with some credible AI plans on 26th Sept.

Still patiently waiting ...

Just found this clip on youtube: https://www.youtube.com/watch?v=ovTmCyY69g0

I remember following him during Covid times for ideas lol.