Member Info for PCS1954

It's worth remembering, that whilst you may have got your initial investment out as a figure there is a book price paid for the shares sold and any profit may be subject to CGT if over the allowance - your "free ride" shares that you continue to hold still have a book price going forward - of course if your shares are in an ISA the above is immaterial.

GLA

Nothing beats a bit of jibber jabber in my book PH ( a coincidentally unfortunate set of initials), so look forward to all your constructive comments on the progress and performance of SAR as it bids to enter Phase 1a trials in Oz.
Good weekend to all and note a good little purchase on the bell!

GLA

SCH and if you cross reference to Bobbler's earlier posting probably due to MHRA's "pragmatic approach" during the pandemic.
Off to bed now, hopefully, everybody with genuine interest in Sareum will be back on bb tomorrow - nitey nite!!

GLA

GLA

KK as someone who has been invested in Sareum since 2009, attended AGM's, spoken with the BoD, I think I know what they are about - a drug development company on AIM which is considered high risk, that said, they are in the process of progressing a CTN on their lead molecule in Oz - if you can add anything to that, it would be greatly appreciated.

GLA

Exactly AF, as I said a lot of misleading dialogue around MHRA issue, but, it is they not SAR that have to initiate the review (their request after all), lets face it SAR can't exactly go to GLP and say can you carry out a review on "erm we don't know what"!
Edison can't even get our financials right, yet people happy to quote a "journalistic" report, that as I've said previously any decent bb poster here could write.
Of course, there is a huge risk, has been since I first invested in 2009, but, I smile at all the new "rhetorical experts" some of whom can't remember what IP address to use when posting - there are some really decent people on this bb, unfortunately, lost in the nonsense of recent times - that's not to say I'm right, just that I tend to listen to what the BoD say and work from there!

GLA

Sorry Guys, but I do think you are missing something - the MHRA stated they wish a review by GLP (which only they can initiate) of non-clinical data ( no mention of capsules, so unsure why mentioned in dialogue) - Sareum's BoD have seeked clarification to no avail so approx. 120 days later after original notification (30 days regulatory time for initial decision) they have transferred CTA (CTN) to Oz - all very transparent in the RNS's to date - so sorry do not see the problem you are surmising in the actions by the BoD.
Moving on to where we are, we are in no different place as to when seeking CTA from MHRA (other than they wish to review, date unknown, as mentioned above), granted not approved, however, at the same token not rejected - so we go to Oz in the status quo as the BoD inferred at the AGM if MHRA not forthcoming, please tell me this a positive action on the BoD's part!!! - if Oz don't approve are we in s*** street, if they do we progress to next stage, no more no less - no different to where we were in at the beginning of Nov, so I don't get all the rhetoric, other than of course, soliloquy springs to mind!

GLA

for all the feedback from the meeting and subsequent debate in postings, I've read through most and have little to add - other than fair to say Tim and John have done what they said they would at the the AGM, so credit where credit's due.
Obviously, all still to play for but the strategy and plan is there and that's all we could ever have invested in when we bought our shares, more importantly, the BoD appear to have a spring in their step after having to tolerate the MHRA debacle.
Once again, many thanks for some great feedback!

GLA

Thanks HBD - Good question, much appreciated.
Good to see the bb discussing poignant debate again!

GLA

Unfortunately, not around much today so can't log into investor meet, but, one query I would like to see clarification on is the fact that SAR by creating a legal entity in Australia DO NOT require an Australian Sponsor to submit CTN - I read it as such but given the " little gremlins" that keep popping up would like confirmation stated by BoD.
If someone could raise during meet, much appreciated.

GLA

Many thanks Crogy.
May be worth sending copy to Stephen Parker, as Sareum may wish the opportunity to put the full facts forward to Will Quince Minister of Health - appreciate, they may be reluctant to upset the "bureaucrats" going forward, but, someone needs to shake MHRA out of their incompetency.
Once again, thanks for sharing.

GLA

Like all lth's, I feel genuinely sad on reading LUCAN's post and Num 4's follow up regarding Thoth's seeming demise.
Elcap, you probably sum up the general consensus of many and hopefully we will have that meet and toast for me a very respected poster.

GLA and RIP Thoth2

KK Acknowledge response , no problem.

GLA

KK It is a balanced generic report, shame their not too hot on the financials as pointed out by Gunner and we have to take on board this is a "journalistic" report on gleamed information which any sensible poster on this bb could write.
That said, a remit into the workings and aims of SAR for investors to digest and pursue further if of interest.

GLA

Sad chill out please, you worth to this bb is being lost - appreciate you're probably wound up to the hilt with some of the comments aimed at you, but, be above them.
The statement you refer to to is actually a bullet point heading in the report under "Bear" as Dr Zed correctly pointed out there are also positive points under "Bull".

As I said, appreciate all you do for this bb - 8000 hours and counting - chill and enjoy weekend, we will get there!! (sorry if that's deemed a ramp to some ;-) have a laugh on me)

GLA

Gunner, I picked up on that as well, frankly, after reading today's postings I couldn't be bothered to post.

Think might be good for all to enjoy life for a while and wait until to next Wednesday's interim report and see any further updates as psittacism seems to be the order of the day!

Potnak, best wishes with your Father - in - Law, other than that, good weekend to all genuine Sareum holders with a vested interest in them to be a successful drug development company.

GLA

..... has shown a number of things, firstly, that the BoD for all the criticism have been proactive as theIR stated intention at the AGM, secondly, whilst no guarantees of outcome there is a timed gameplan with SDC 1801 CTA in Oz, whilst, thirdly, the Government are in cloud cuckoo land regarding the accomplishments of MHRA, much to SAR's detriment.
Meanwhile, we now know Bluenose and Sneckie are the same, DeAar only appears when sp drops same as joey the parrot with negative rhetoric, KoolKat has suddenly become Cat on a Hot Tin Roof and CoL Mark 3 will probably appear as CircleofAliveAlive 'O.
Seriously, I think we would all agree it's been frustrating, but, the BoD have done what they said they would do following MHRA negligence (imo) in stalling CTA for 1801 and off to Oz hopefully with positive outcomes - good to see some old names pop up today on the bb.

GLA

Agree and I will send to Anthony Browne MP for South Cambridgeshire which includes Pampisford in it's constituency.
Also, can anybody with Twitter account post it and an email copy to Laura K @ BBC perhaps - who know's MHRA might just suddenly wake up, mind you even I admit I might be "ramping" on that one!!

GLA

To the BoD, they actually carried out what John Reader said at the AGM "They would look at alternatives if MHRA road block stagnated the progress of 1801 CTA" - outrageous that UK aka Manchester appears to have lost £4m trial!
As RMM said "game on", no guarantees but a timeline presented and SRA 737 in the background - feeling better than I did yesterday!!

GLA

Aber, good morning and totally concur with your comments - would have expected Tim and John to continue their focus on 1801 CTA as for the review of SAR 737 now it's return is completed ( sounds like it came back in parts) SOG's comment confirms as stated by Tim in AGM.

GLA

Think you will find it's bobble, dropped a bit of a booble there!!

GLA