Member Info for NFTs

Well look at that now. If I ain’t mistaken that’s the pony!!! That’s the pony that is ye-all!!!

Happy Christmas to all and prosperous new year!

Oak

To the Key risk part regarding further funding. This bit has already been answered in the fact of the 60 mil raised via US and shareholders.
US would not lend on bad data.

Nearly 800% oversubscribed raising to shareholders and they only took the minimum. Believe me if it was any way bad or even the slightest bit negative they would taken the extra cash.

Going back to an old comment of mine on data results, it will be a moment of “oh he was right”

Huge news inbound mega days ahead seriously this is GOOD !

Enjoy the festive break ;)

neon
Posted in: EAAS
Posts: 5,660
Price: 3.40
No Opinion
RE: That’s me done now07 Dec 2022 15:20
Brooko19, do you enjoying laughing at other people's misfortune?

Karma is a real thing, don't forget!

I don’t think it’s worthless at all and positive data for NXP002 is worth every penny. My concern is the runway length. Cautious approach to lengthen this earlier is what I said. I stand by that and feel it’s a mistake. Of course I have no idea what they have managed in terms of discussions with potential parties and who knows maybe they are not worried.
Taking the positive line on this too many times and been the most expensive mistake of my life so far!!!
30% dilution placing done mid year for say £500,000 to ensure they can complete and deliver a deal on NXP002 would see SP many many multiples higher.

Therefore I just don’t understand what they have done here. Are they driving into a brick wall only time will tell!

I totally agree olderbutwier, I have been saying for sometime my concerns about waiting to sort funding as it only then gets more serious and damaging as time goes on.
Of course they could be lucky and get a speedy JV deal on NXP002. Nothing will come anytime soon on 004. That for now is just a distraction to paper the walls imo. Past history will repeat itself there.
So we have potential on NXP002 but let’s be honest! They have jumped rails onto another path because Anne’s rat route cost us dearly in financial cost and time to prove a direction that ended up being too risky to continue pilling cash in. If they had stuck with the original plan and continued down human route and Covid never happened all would be good here. Yet this is not what happened and nowt any of us can do to change that.
So the facts are they have picked up the SOC combined effect route mentioned back late 2020 when Chris chucked it out without properly providing a route.
We wasted millions’ achieving effectively nothing since. We did get some good data for free from China on Tranilast which imo has been a lucky break.
Obviously Tranilast has great properties and great potential for IPF.
Regardless of the data and potential the situation right now is they clearly delayed costs for next trial to push up cash in last accounts imo otherwise you would all run to the exit.
These trials cost 100,000’s each time. That cash excluding Lanstead payments since will have gone easily by now.
It’s running on fumes and can wipe its face for now but after Christmas it’s down to July till empty pot. Give or take a month or two etc. if they do more testing then not even that.
My issue is data still not here for NXP002 so it’s late maybe next month hopefully?
Companies in every sector right now have very strict expenditures due to difficulty in financing and running costs.
Buying early in phase is obviously cheaper but also higher risk.
It takes these companies months of due diligence to look into the data and then to make a decision on approval for that company to go into a formal offer.

One the things they will want to know is how healthy financially that company is and will it survive.

Anyone looking into this right now will run a mile from accounting point of view. Obviously the data would need to be very very good to help get an urgent deal. Otherwise in a cruel business mind world just wait a little let it go into administration and then buy the business out for peanuts.

Unfortunately my worry is we look financially weak to any party so we have so little weight in any negotiation. Literally if they offered anything to support the product you would take it.

As for dissolution on NXP004 well they have made a product that you need less white powder till 2041?
Well that’s something!

This is the problem hence fluffing the picture to survive.
https://www.lse.co.uk/rns/YGEN/proposed-capital-raising-z5ik04b7knkwu6w.html

“? The Issue Price represents a discount of approximately 83.8 per cent. to the closing middle market price of 1.85 pence per Ordinary Share on 20 December 2022, being the latest practicable date prior to the publication of this Announcement.”

They are not even so fortunate to have Lanstead overhanging them. Companies without a cash positive outlook over these next 12 to 24 months will struggle to stay afloat imo.

Concerned

Who gets out the door first comes to mind!

You think.

Read it closely! It MAY go up!
Lanstead will be pleased. Another gift. Fluffy

The main issue here is until a deal is formally sealed the share cannot gain any value traction. It will do the same as it has done for nearly 3 years now.
They say news on NXP004 data and that means something but no cash no deal.
They get good data on NXP002 that means something but then everyone gets worried about fundraising to give them runway to find a partner or the next test. If so that be expensive funding to cover that imo.
So it needs a deal with figures not same fluff they have always done.
The time for excuses and news fluffed up to try lift SP for Lanstead is over. It’s killed that bird too many times. The last investor chat was clearly fluff for Lanstead lead by Tim. Now they want more fluff to try get it back.
It needs figures and cash now! This may come! It just might! Again I truly hope so. But diversion from the track to the additional SOC treatment dressed up as something new really got me that one!!!

This current SP really is a huge opportunity. Guess for many it’s tough times and stuck with other stock.
Personally I’d move it here imo no advice obviously but this is stellar

We have invited you all here today to tell you that you wasted you plane ?? journeys coming here as it does not work lol.
But if you ask the fund managers they might be able to lend you £200 for a taxi to Heathrow.

Thanks come again now. Bye

Lol

IT WORKS

Too many players here try give it a balanced view.

Sometimes things are just as what they are, if it quacks it’s a duck.

It works!!!! That is the billion dollar answer

IT WORKS

As I said it’s going phenomenally well.

Time the SP fires up hey!

You don’t have a science day on it if it’s bad lol

All hindsight now, but whatever happens in this market you will struggle to sell a diamond! So it’s a tall ask to ask what is now here to ignite. We shall see. I hope so!

It’s all good here just passing a message! All very good!

Yes it was a poor choice of phrase and better not said.
But
What I mean is if they deliver news on some developments the SP will move rapidly north from here. Making it hard to buy at this price until it moves north. As you know when people want in you get a lot of NT till MM’s see book balanced. What price??? Depends on fwd looking statements. It could go the other way where you cannot sell. Ever had that before? I have loads of times on stocks. You could just except a negotiate trade? Done that before many years ago lol and never again!! What a mistake that was!
Good luck this is a real chicken dinner here!!!! ;)

Sorry

But you just have to laugh at a lot of the comments on various platforms regarding this share.

From those that bought in a few weeks ago hoping to flip it quickly on results I have no patience for as these flippers are the same on all chat boards. They always turn nasty and post stupid ignorant comments as soon as their decision goes slightly wrong.
90% of these are small time private traders who generally actually haven’t a clue how to do it right so lose whatever they make by chasing rainbows.

This company is on a fantastic path and if these moaners actually looked in detail at the data, news, media etc they would realise some serious confidence in where and what is going on here.

I have no sympathy for those jumping out who bought over this last month for so for a trade and now tail between legs posting stupid comments.

All those holding strong well done as you will do blooming well from here. They don’t need money! They are fully funded. If they did need money it would be a strategic investment and those wanting in would be locked out as it moves north.

Various possibilities here, all pointing to something a bit special. Hold on to your hats as turbulence is all part of the speculation. ;)

It’s important to try see where they could get this over next 6 months as it’s this period where things become urgent.
As Said they had £389,000 or so in Sept accounts.
If you look through the year and add the costings you can see what the trials cost and overheads.
I have no doubt that they will be running as lean as possible to conserve income till they hopefully get someone to invest in the business.
NXP002 will be the inflection point after data I would expect they could begin possible interest with parties who may or may not be informed or interested. I’m sure there are parties but how interested at this early stage as there is another stage to do to get ready for Phase1.
I would say majority of the spare cash has gone to fund this latest trials with Lanstead cash covering current ongoings. So lights are on for now subject to deal!!
Very binary. Good data first needed!!! (We need to wait and see) we thought dilution was easy and look what happened!
Then a party willing to bail the company out with a deal. It’s definitely not a good situation to be in. Every time we have needed further funding with more goal posts it doesn’t matter who was at the top all them have slipped up on that fact. China, Japan, Lanstead!!! All these options have not materialised as hoped for one reason or another! That’s true and this position is the most dangerous yet for sure.

They have to pay for these trials. There will be very little