Member Info for PI100

Fair enough. To be fair they had a bit of time with us and likely assessed it and thought “no thanks”. Dreadful board, directionless, heavily loss making and possibility of extinction if the dispute is against us.

Were after, and no longer are. Whatever they wanted, they don’t now.

It can’t be a lot worse than the past year. Personally think none of the board should remain, let alone does JM deserve to be where he is.

Well I thought what I had originally said was quite obvious, sorry I needed to clarify. Now, it’d still be interesting to see where that cash is going/has gone, but I appreciate we will never know.

Green bin.

Costs, whether opex or capex, are paid to suppliers, staff, contractors etc. If the company spends money it goes somewhere. My question is where is all the R&D spend going. It’s not that hard to understand. At some point the money goes out of the bank and paid into someone else’s bank account, regardless of the accounting treatment.

It’s really not a difficult concept.

I give up, you clearly don't get it. Wow.

Karen - where does R&D spend go? Does it disappear into thin air or get paid to other suppliers?

It's quite straightforward, Karen. The £10m R&D will have been paid to a number of suppliers. All I have saying is that it would be interesting to know who.

Would be very keen to know who we are paying the £10m R&D to and what links they may not may not have to certain people.

And if JM spouts that £100m organic revenue in x years nonsense, he needs to go.

Omicron was another lotto win waiting to happen and we totally missed that boat, so strep a and 'kraken' are tiny in comparison, there is absolutely no way that will spike sales. We have to assume £0 covid sales in 2023 so it is going to be interesting (painful) to see what sales numbers they forecast for this year. And whatever that is, it is probably prudent to reduce it by 30-50%.

We’ll find out at the end of the month. It’s going to be bleak.

100% swag, spot on. It’s the same crappy company but with cash in the bank as a slush fund it would seem. Lifestyle company.

“Oh we made another £10m loss? Hey ho, cash pile sorts that. Now, what are our payrises this year, 30/30/40%? Lovely”

Exactly, WBA. They’re not buying at all, and if they had any faith in this company they’d be all over shares at a 40% discount to cash in the bank. It’s so telling it is actually unbelievable

You have to wonder what motivation the board have to drive the company forward when they can just arrange a massive payday by being involved in a takeover.

How about you, what do you think of them?

I have no idea why they refuse to update us and the market, but choose to put out a few pathetic tweets which get no reach, but I do think they’re utterly incompetent and not deserving of the disgustingly high salaries they take home.

The board and pr departments are nothing short of an absolute disgrace in the way they have treated shareholders. Complete opposite to what it says on their corporate governance page.

Predictions have been wrong, have they? In your opinion, was the quick rise to £1.50 the other week and subsequent fall to £0.83 a pump and dump or not?