Member Info for PCS1954

Morning SOG

Exactly my thoughts when I read “initiated” rather than “commenced” - also, the change of “anticipated” to “expect” in Q4, all very subtle wording and would have been approved by the NOMAD!

As I mentioned to a fellow shareholder not on this bb, the silence by SP given his previous dialogue may be telling us more than actually if he said anything - who knows, but certainly all appears to be “hush hush” for such a pivotal time of a proclaimed “drug development” company!

Slowly, slowly…… 🤞

GLA

Thanks for sharing C79, trust all is well with you!

GLA

Krone, many thanks for sharing - nice to see our Corporate Broker stepping up with positive comments!

GLA

No problem Aber, hopefully with the initiation of trials a new platform from which Sareum to progress - as I’ve said in the past lots of nuances since the AGM, so my belief is we are being steered especially with these Toxicity Studies - yes sp is “undervalued” in our opinion, as pointed out by Gunner68 it’s value at “deal” time is the more poignant figure!

GLA

Hi Aber

TM has never wished to “advertise” where trials are carried out, especially in respect of animals.

Hopefully, something happens with SRA737 as well in this period and of course the trials progress as intended with “anticipated” and/or “expected” results!!

GLA

Have to agree with that potnak, just hope that TM in his part time role is not calling the shots - SP’s statement I felt was clear in it’s intention (with the usual caveats of “expect” / “anticipate “ - JR, I presume is responsible for Tox Studies and the coordination of such, who is dealing with 737 and it’s future plans as that’s our only “flip side” at the moment - the rest should be parked until we get above commenced in my opinion - time for some positive and definitive action as even the snail is outpacing us at the moment!

Apparently a good source of mine said even the “mice” are chanting “ Give us some compound” !!

Have a good weekend and

GLA

Hi Aber, the statement includes “expected” and “anticipated” so the usual wiggle room!

I’m beginning to believe SP given the statement is just as frustrated as us!

My opinion, he is hamstrung between NDA by our “we’ve been advised” colleagues and our “Scientists” with TM faffing about with “what if” and “shall we look at” in his new part time role - back in December with JR leading the process we were very focused on the Tox Studies, that focus appears to have dissipated!

Hopefully, a positive red dot within the next few working days will erase my opinion and confirm Sareum is in fact working to it’s committed development programme and increased value as alluded to shareholders!!

GLA

Me too! SP has brought this back in for a reason - you have a pathway mapped out and something pops up - I have my frustrations in 1801’s slow progress, but, still love the angles that Sareum have opportunities in - the joys of being an arms length to facts shareholder I suppose !!

GLA

Hi HBD

Seem to recall that “we’ve been advised” Tox Study came before SP bought SRA737 back in, so, I would have expected that to have been following timescale as advised by JR - we appear to be “researching” rather than “developing” such!

SRA737 came back non plus bar IND, nothing really changed and TM’s “in shop window” suggests not “tied in” with 1801 - perhaps another party has approached SP.

Yes, agree 10 days left in May, just be nice if for once Sareum could deliver a definitive statement within a deadline - just hope JR & TM are on it so SP has something to deal with and not “blinding him with science “!!

Good weekend to All and

GLA

Hi, HBD & Krone

And for me there lies the problem JR &TM should be 110% focussed on getting both Toxicity Studies and Clinical report into the zone of progression first as it is our most immediate valued asset, SP brings back SRA737, a bonus if it can be flipped and bring in a short/mid term cash cow as not on the radar 6 months ago, 1802 transitional and CNS wait your turn after above, at this stage FLT3 not a consideration, get your marker on the table for the market to see our value, not loads of maybe’s - our sp needs to get back to true related value of our assets and from there we and the “Market” can speculate in our own ways of potential values, raises, JV’s, M&A’s etc etc

TM interjected at the IMC that “Yes, SRA737 is in the shop window”, be good to know where he shops as per the song “ain’t seen nothing yet”!

The above is not rocket science, just simple business acumen on the reality of what we have, how we should be progressing to a better potential in due course, but, would help to get the Toxicity Studies started incase anybody up in sleepy Pampisford has forgotten what the business model is (I live 30 mins away, so know how sleepy it is up there).

Of course, above is only my opinion and happy for others to opinionate and correct me!

GLA

Thanks HBD, your last para my thinking too!

GLA

Hi Krone & HBD, is our patent life on FLT3 sufficient to enable such?

GLA

Hi Silverfoil - trust you’re well and enjoyed your walk, feel like our walks need to be accompanied with The Proclaimers “I’m gonna be (500 miles) - all a little bit baffling at the moment with Sareum, BenH makes a valid point regarding NDA, but that can’t be on everything given the various stages/timings etc..

The one real unanswered question, which I believe we are entitled to know is “we been advised” by who?

GLA

Yes, agree potnak, even I concede it is time for some “noise” from Sareum - TM in my opinion has always had a C’est a le vie attitude to shareholders, in SP I was hoping for a more robust approach to progress and news given my conversations with him, do wonder what’s holding everything back?

Off for a coastal path walk, everybody have a good day!

GLA

Doubt it as their shares have yet to come to fruition, and you must be misinformed to think their salaries would cover such extravagance - meanwhile, yes I’m happily enjoying myself in my holiday lodge, which could describe is on the Sea to Sky Highway!!

How the fingertips?

GLA

Riceyboy84, with the utmost respect fella “been advised” was an actual quote by the BoD, I didn’t mention any of the other terms you posted, but, given the promptness in posting can only assume your must sitting there with an agenda.

Please don’t bother replying, I’m enjoying my life in my holiday lodge in glorious weather!

GLA

Agree potnak, it’s what I’ve believed all along - the BoD virtually admitted such by the statement “we been advised” when they announced Toxicity Studies and many questioned “change of direction” from P1b trial.

Still intrigued why SRA737 brought back in, given it wasn’t on the radar 6 months ago!

GLA

Https://www.fiercebiotech.com/biotech/vivo-capital-secures-740m-invest-preclinical-and-clinical-stage-biotechs

GLA

Hi Laz

Think you’ve made a reasoned post, lth’s hope for recovery, new investors hope of a good return after all that’s the reason people are invested - your bumps in the road is coincidental, I once stated to a group of investors that I had met off bb and one likened Sareum to be in the coned roadworks on a motorway - my response you eventually come out of them and back on the freeway, that said these road repairs need an upgrade to national speed limit, hopefully, SP is now getting in the fast lane as he appears to be steering the “car” imvho!!

GLA

Of course would help if I attached the link - another coffee beckons !!

https://www.edisongroup.com/research/broader-pipeline-bigger-milestones/BM-1503/