RE: $70,380,00025 Oct 2023 22:05
Would this have sounded better?
I cant agree I’m afraid…
Best idea is to look at the facts here, also its probably wise not to get too excited just yet..
My opinion is, there is little chance in my “ opinion” the chance of cash landing from THX into VALs account before VAL run out of cash In my humble opinion . VAL should opt for a placing to avoid lights out, again just in my opinion… make up your own minds folks..
You have kept the faith in your telegraph group and that’s commendable under the circumstances, patientInvestor posting, “I will not sell” three times like some cult leader - you are not looking at the big picture here, imo..
As mentioned, what THX do is not our concern, if they pay us is!!! If they secure heads of terms on the merger, they then need to cover off DD, then try and raise as a new entity and then finally, if all that were sorted which would take way way beyond VALs cash runway, in my opinion ..they would as a new company be within their rights to renegotiate that LOI and make it pure milestone based. The market has changed significantly over the last two odd years.
Let’s see the colour of the money for the initial payment on the LOI before we start jumping for Joy - to date THX have done nothing but failed to deliver at every turn, those are the facts in my opinion, I don’t believe any of it, so I am shorting.. if it was proven VAL would be the first to confirm same be sure of that!! I’m wary or the telegram group myself…