The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Big Pharma companies are really best at the later stage clinical trials, rather than new innovation, so although the results we’ve generated are really good for the stage the project is at, it’s a much better fit for a small innovative team such as TheoremRx than a larger company...from Suzy
Had a lovely chat with Suzy last night mostly about Barcelona.
The 12month period has completed and now the paperwork related to that will be gone through and conversations will take place regards the next steps and which direction it goes in ..
Nothing is being given away by Suzy obviously but the scenario's are .
the basic options would be that either it works, in which case we would take it (like Cytolytix); it doesn’t work how we want it to and we hand everything back (as we did with the Kalos project); or we don’t have enough data yet and we extend it (as with Hokkaido
The convo was more in depth than above regards options .
Once everyone is in agreement regards the content of a news release , good or bad then it will be released so I'd say probably next week sometime hopefully .
.
PJ
..sorry.. fat fingers .
201..I get the feeling it's a very large amount there trying to raise . TRX have been successful in other rounds with companies so I'm happy with what I was told . There fully aware of the SH being disgruntled over Trx and funding episodes . .
The Lab will cost around 300k to set up and be a few months to be up and running . They then can take on other companies work which will generate revenue
M@A man sat next to me ...he was brought in for a reason rite ?
Pj
DarthInvestor....let's be clear ..the board read this board so they are totally aware of the SH concensus .
201...Try still out there with no end date with the BOD confidence still high.. I expressed my concerns for the deal and .delay and
Just left .
Seems I was the only one there apart from Satu who was abusive and threatening to suzy so hung around and walked out with them .Was offered lunch with them but declined .
Lovely sit down one to one with Stella and Kevin. Very helpful convo.
Keep the faith guys ...
Pj
Thanks Adam for arranging this
My Q.. after 16months of THrx and still nothing why is there not a defined end stop date in place . Why can't the amount of proposed investment be shared with SH's..
Maybe she needs to tickle there balls to get the raise we need !! )).
Pj
Guys .I've been screaming this to her for the last year but she's adement in sticking by them .I've told her basically she's getting ****ed over but falls on deaf ears ...she won't even reveal how much there trying to raise which I know won't be told to us but I've stressed the amount may appease the SH due to the no end date saga.
Pj
From.suzy tonight ...we exchanged several emails tonight covering the placing ,company share scheme and the Lab
We continue to believe that TheoremRx represent the best chance for the long term future of VAL201 due to their industry expertise in patents, peptides and oncology.
Pj