Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I think it's fair to say that Edison have Sareum as a client now, and whilst Tim only mentions HNWI, they are in fact Ultra HNWI, above 30million.
https://www.edisongroup.com/investor-relations/
Too much of a coincidence for it not to have been Edison who have been involved in these introductions when you look at timelines. So it's also Edison who will attempt to prop up the SP, as they have been doing with relay of messages.
They won't be panicking though. Disclosure of an investor name would reverse this trend, or just let it play out and trust the BOD and the NEDs.
Whatever information they got they liked it, not just 1, 3 different investors now, Sareum certainly can't pull the wool over these guys/girls. So don't let the market pull this from you. If you've ever read a book on the market they talk more and more about the behavioural aspects of trading and basic human actions in times of financial change and scare tactics.
Nothing has changed here, your buying in cheaper than astute investors.
Sareum have been building preclinical data packages on these TYK2 compounds for years, the constant mentioning of tox studies is why I believe this is taking longer, tyk2 have a history of tox, look it up, any big billion pound preclinical deal will need huge amounts data. They are well organised in this respect and that is what we are investing in, to see they attention to detail and technical expertise, read the patent arguments.
It's coming people. Trust the science and we should do well.
An alternative is that this delay is to allow the partnership to happen before CTA, if we submit CTA it's set in stone to progress for whatever indication we go after, still waiting on that news also. We may be that far along a partnership that they need to delay the CTA as we won't be the sponsor, just a thought.
From what I've witnessed with Sareum over the years, this type of no news and extension of delay would drop it consistently for the coming weeks, things are very different now though, we are not the same company. For this to rebound and if it finishes blue it's mind blowing. As James says follow the big money, it's usually harder than this but it's been disclosed 3times now, or is it 4..
Would the High Net worth's have know about this delay, would it have made an impact on their decision, knowing it will drop when delay announced - either way they're in at prices higher than this.
Personally I think it's deal time approaching.
https://uspto.report/patent/app/20190350905
It definitely is Sareum. John has chosen to produce a specific for T-ALL, Tim has banged on about this for a while as I recall him getting tongue tied with the full naming. This could line up a specific license for this indication which supports the thoughts of multiple indication licenses and/or sponsored/shared cost trials.
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1007566/S1335_Long_term_evolution_of_SARS-CoV-2.pdf
Noticed continued support for therapeutics and stockpiling mentioned - as we expected previously.
Advanced purchase agreements could be in progress, we're just getting started.
Instead of a full blown licence for SDC-1801 we may get a shared ownership and costs through the PI trial. Would certainly be a good outcome, shared risk for any licensor, shows belief in our product. Probably the right thing to do for shareholder value.
Hey Thoth,
I would have agreed that it was a big gamble a few years ago, but these last few months it doesn't seem to be - we are in effect following the big money from the HNWI and trusting the proven success of the BOD with these in demand compounds.
Doesn't feel.like a gamble at the minute. Biggest risk is we run out of Wotsits.
I was certainly the same Citizen, alerts setup on chk1, tyk2, sar-20347, sar-20351, CCT244747, IL6, sar-t29, aurora+flt3 to name a few.
I found the best articles not on the technical but on Tim speaking freely, whether it be video, audio or text, take away the awkwardness and you've got a genius, now being proven. There is a pdf somewhere of him and Robert Plenge having different views on tyk2, this was a great insight into his integrity, soon it will be Robert Who...