Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
" How were Church & Dwight able to hold the licensing deal for CSD500 for 4 years and do nothing and then decide to hand back the license without any penalty?"
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A lot of that time was FUM trying to extend the shelf life. Mr Barder couldn't invoke the contract clauses when it was FUM's 'fault' that they didn't have a product that had sufficient shelf life. Were C&D playing him?..in hindsight it seems yes....but at the time shelf life needed sorting.
Notrac, seems very likely that Mr Barder is giving nhimself evry opportunity to sign that deal before the results....otherwise he will have some awkward questions to answer. But as ever with FUM deadlines are there to be missed....and a lot will depend on the priorities of anyone they are dealing with.
"He's a Troll without doubt."
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I don't know if I would go that far (based on what I've seen here). Very annoying definitely but not abusive. I would class him as a committed de-ramper (verging on obsessed). But I have seen that behaviour in rampers too & they are sometimes equally annoying.
"What you mean is old Orwell's animal farm where some pigs are more equal than other pigs"
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From what I remember about animal farm, the pigs changed the rules (written on the barn door) so that all 'animals' weren't treated the same.....the pigs were allowed to do things that other animals weren't. I don't think the pigs were further subdivided in what they could do.
"And perhaps we should all start using the rulebook here more, rule number 5 part G posting links without permission from the publisher. And obtaining the proper copyright"
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I didn't know you needed permission to post a link. That doesn't really make sense. A link is just directions to a page on a website. The contents of the site may be copyrighted.....but I expect most sites wont bother to enforce it as long as you reference any quote with a link. Perhaps sites like the FT & other sites that require you to be a member to view the content will be more legally minded.
Have you tried complaining to admin about 'you know who' to get them to enforce 'rule number 5 part G'?
I suspect the 'rule' was inserted by a lawyer to cover themselves in all eventualities.
Life isn't always fair.
"You talk about usernames why after two years did he turn up and use mine I was here first two years before."
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Sttsbumbag, so you used to go under the name 'stt1'? That seems rather odd.
I don't think you will get any resolution from your responses to him/her. But it's a free country...so keep on plugging away. Although I reckon he/she is probably quite enjoying winding you up. They throw in a juicy comment as bait and when you bite they reel you in. But feel free to play the game....I expect even fish may quite enjoy the exercise!!
a vendetta. I can understand why you guys are so vexed. But you've got to see it from the POV of admin. They have one bloke who is posting (apparently) quite harmless stuff and there are a group of people who are (apparently) ganging up on him. You don't give them much option do you. Wouldn't it be better just to ignore the bloke (I know that's a difficult ask).
Also having a username like SttsBumBag isn't going to endear you to admin....it sort of tells them what you are trying to do (perhaps with good intentions, but they wont understand).
Also asking them to look at another website (ADVFN) isn't much use. They will only be interested by what is posted here surely.
I think you are having a war with this guy on multiple fronts (a form of mind games). But on this forum he's behaving 'almost' squeaky clean (as far as admin is concerned) and you don't give them much option when he reports you. So I suppose he is winning that that mind game.
I suspect it would drive him mad if you ignored him here and posted real facts about RTHM that would counteract his negativity. Never mention his name, never ask him a question (one he will never answer), sort of send him to coventry. I suspect he thrives on getting a reaction.
If you want to 'take him on' head on then do it where he is less well behaved and is making mistakes.
"I'm a holder but $60m ebitda? Pipe dream."
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EBITDA is a magic trick, used to create an illusion of profitability IMO. Give me old fashioned profitability any day. Problem is that management love EBITDA because they can link their bonuses to it.....a con trick!!
But if (a bif IF?) R1 can deliver on EBITDA forcasts and even some real profit then the SP must be due a rerating....and we shouldn't have too long to wait.
"These expensive negotiating teams are normally or quite often a part or small division of large banking groups along with takeover advisers etc."
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TB, what makes you think that Mr Barder has employed an expensive negotiating team & that team is supplied by a large banking group? I know that Mr Barder is using advisors for the negotiations but I don't think we know the background of those advisors. They could be one or two people employed on an 'as needed' basis.
"....the company would know that this was price sensitive information and is duty bound to inform the market . that dosent mean they would tell us , but the AIM rules states the market should be informed without delay,..."
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Hmmm, that's cleared things up. I do remember that there was an offer many years ago but Mr Barder didn't inform the market (although there were rumours)....we heard from him much later in an interview that the offer didn't meet his valuation of the company. So there must be some discretion on what price sensitive information he is obliged to tell the market.
Who is saying that Mr Barder is telling lies? That's defamation and actionable. Personally I think Mr Barder has always told us what he is able to tell us & he's a good guy. That isn't a lie, it may be misguided but I'm sticking to my guns for the time being.
Who said that we would need to raise money with a good licensing deal? Are you making things up? Of course, getting an upfront payment to fund development of MED2002 would be one of Mr Barders top priorities...it goes without saying. But the deal is taking longer than most people expected - even Mr Barder (based on his previous statements) - so there has to be a reason for the delay, since we are in the dark, then it's OK to speculate...within reason.
"I don't believe for one moment JB would claim we are still in advanced negotiations if we weren't actually in them.because that is out there for all to see including our special negotiating team , and to make a false claim would be illegal for us at futura and the banking group supplying us with that top negotiating team,
So genuinely as a word of caution anyone who's claiming otherwise on here as a innocent poster could actually find themselves with a lawsuit from futura or its negotiating team ,,should they wish to shut us up ,,,,LOL,,,,, "
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TB, when was the last time Mr Barder said that he was still in advanced negotiations....hasn't been for some time (as far as I know)....anything could have happened since then and he wouldn't necessarily have to tell us. If the negotiations have been suspended or the other party didn't offer enough in the end, then I don't think he has to issue an RNS (although it would be nice).....he would probably argue that he was hoping they would return to the table.
As for anything we say here warranting a lawsuit from FUM or their advisors,,,,I guess that's a joke right? Unless we have insider knowledge, then anything we say is fair game....as long as it's not defamatory. Worries about the deal talks ending and/or fund raising are relevant to FUM IMO. Equally TTT could be announced tomorrow (oh no, I've inadvertently broken the law....I must hand myself into the police!),
Chariot, I think you have described the concerns of a lot of shareholders.....things are taking ages (even for FUM). We are all hoping that Mr Barder can deliver a 'punchy numbers' deal.....although I'm concerned that when he used it he might have made any negotiations more difficult (but I don't actually know).
It is fair to say that we are all guessing what will happen next.....your scenario could come true, just as the more optimistic posters could prove to be correct (I very much hope they are). Anything over £1 would get my vote for TTT (if 'the' potential suitor is reading this).
Obviously we will get an update at the interims circa 12th Sept...not long now. Worse case is that talks are off and they need to raise some cash.
It's hard to see what drove the SP higher....according to the stats they were all sell's (1.5 mill). Seems that MM's have been playing games with the spread.....it has increased, that made the SP appear to have increased. A mirage!!
But news is due soon and perhaps there is some 'leakage' to the MM's......unless there has been some buying in dark pools that aren't visible to us.
I think you're a bit early for interim results.....end of August/beginning of September.
If you mean a production update, then they don't seem to have been making those for a while. I guess they either don't have much to write home about or don't think it is worth the effort (given the results often follow shortly afterwards).
The silence has been a bit deafening. Hard to say which way this will go.
John Clarke (Chairman) was very enthusiastic about TPR00 and thought FUM should go it alone on developing & marketing but Mr Barder pointed out that they don't have the resources and it isn't their business model. The heavy lifting is done by partners and things seem to take a very long time. All the delays make patent life an issue.
" I hate e-mailing him again because every time he replied with lies."
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Chariot, really? Personally I have found Mr Barder to be extremely truthful and helpful when he is able to (he isn't allowed to give us market sensitive information). But he does respond - usually very quickly.
I expect you have asked a direct question that he isn't able to answer and you don't like his evasive answer. Evasion isn't always meant to mislead.
Having lots of negotiators isn't always the best way to get a deal....I would suspect. Having too many experts trying to talk up or down the price (depending on what side of the table they sit) can cause a possible agreement to fail. Better to have the decision makers agree the terms and have the 'experts' sort out the nitty gritty. 'Expert' negotiators are also paid by the hour and like long & complicated deals.....long & complicated means 'more likely to fail'.
But hopefully a deal is ready to be signed any day now. As ever with FUM things take a long time.