Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I predict Valirx will be placing in 2024, 2025, 2026 or 2027 with a price of 1p, 10p, 20p, 30p or more.
Even if it is 400-500 or 1000% more or less or a few months or years out call me right when it happens.
The perception that people give to all this is nonsense. Hopefully people get the drift.
You spent the last 3 years giving guarantees including at 4D some of those include 1p/2p placing etc.
According to the broker report we have cash until Q2 2025 and any deal will increase that timeline so we are good for a long while yet.
The company has cash for 12 months then if 201 gets done soon another 12 months plus lab revenues. By then CLX can get a deal at any stage with huge upfront payments and this can go anywhere.
Nothing bad can happen until next year so really this is a good buy at these prices.
All this nonsense to buy cheaper.
201 needs to happen IMO purely because the cash will give us another 12 months cash at least plus potential milestones. The share price would go up meaning any future raises will not be at a lower price.
The 401 deal should be confirmed in the next few months.
CLX update which would be very significant is due early this year according to the broker report so hopefully that will be sorted and lots of shortlists for the lab.
Delivery has been poor so far but it can easily come together. We got cash for 12 months so it is just a bit of a waiting game and a good buy at this market cap with all the potential news.
I would give the BOD until the end of March and see where we are as it would be counter productive to make changes at this late stage. To complete the merger past the due diligence stage takes at least a few weeks so because of Christmas hopefully we get the significant news soon.
If you are saying they did a placing at an inflated price then you should be happy with the way it was all handled. So why call for changes if they did a placing 500% above your prediction. Just proves you twist and turn situations.
Placing should have been done at 9/10p had it not been for the leak a few days before the placing. The last one was done at 11p and 10p with less in the pipeline although shareholders were unhappy with that.
Val had 65 million shares when it hit 74p and 65p so now we have 130 million shares that is roughly double based on my calculations.
Porky has been deramping for the 3 years with no intention of ever intesting. Sounds all personal to me with a negative spin on every situation.
Sept 2020 74p
Or Oct 2021 65p
Might be double the amount of shares but this was stable in the 40's and just based on 201 which should be completed. We also have CLX, Lab, Imogen so just need decent news for a big rise.
The lows were when the old BOD was voted out and when the company was low on cash and before 201 trial results therefore not relevant.
I am responding to the point that Porky made about being well researched. All I am saying is that prove that based on your past investments???? I'm not saying the same.
You can do all the research you want but that doesn't mean you don't have an agenda or understand what is going on. For example if you are burning 55 million a year as a company with no hint of revenue and the share price is collapsing and you keep buying and start losing significant money.
The end of the line is the outcome before we lose cash so early next year or if and when it fails which I do not expect but obviously we need it completed soon. The reason being because ultimately if it goes ahead Val should multibag and will have additional cash giving more time for a CLX or other deals.
Given our SP now for it is worth it we can only hold for now and see what happens. Also a completed 401 deal, CLX deal or other news could be enough to at least get to 10/15p range at the very least.
We made choices might as well back it until June at least. 1 year ago Porky was saying how wonderful Suzy is and if new people come he will again be talking the same rubbish. Give me a solution to the problem not a problem but you have none.
Our market cap values pretty much everything at zero so I expect a decent rise in the coming week anyway.
“The proposed merger represents an exciting opportunity for EUDA to bolster its market position through the strategic combination with a biotech company with immediate growth and innovation opportunity,” said Dr. Kelvin Chen, Founder and CEO of EUDA. “We believe TheoremRx has strong access to capital and a robust pipeline of compounds addressing high-demand unmet therapeutic areas with near-term inflection points. Its project portfolio is also pre-selected for high upside, with minimal time and cost to reach key monetization milestones. By combining the respective strengths of our two companies’ platforms, we believe that we can help critical new biopharma treatments advance through the clinical trial process while creating significant value for shareholders.”
Sounds like Porky. Why the merger then? They spent 2 years raising the cash the statement released by EUDA indicated had sufficient cash and a decent pipeline they would have to have cash as Val stated in the RNS once the sub-license is signed Val gets the payment that can only happen if money has been raised for the trails. The merger allows more to be raised once the next round of trials end and to progress other compounds with an exit strategy for TRX investors.
Well researched never heard such a thing. You went big on 4D and lost it all. Your posting history says it all. You also lost on all the other stocks NYCT, HE1, INSP the lot. 4D were burning 1 million pounds a week and you were ramping away when others were selling. You blame Val for those mistakes so here you are.
You may read the broker reports but so do others. The problem is I still don't understand why you spend 3 years here posting constant lies when you have no intention of investing.
Pretending to be some expert and trying to force people to fit your agenda is not going to work.
The facts do not lie Porky and you cannot twist that like you have on every situation in the last 3 years. I recall when you even made up lies about Stella saying we needed 2 years of cash and lies from broker reports.
It has already been announced by RNS that TRX will pay Valirx when the sub license is signed and that was meant to be at the end of last year. Now that has been extended slightly until the merger completes. The funds have been raised but additional funding for future trials might be needed.
No need to dump TRX at this stage at all as we are so close and why would anyone who is invested listen to people who are not invested and have no intention to invest.
You clearly have an agenda whether it is because you applied for a job with Valirx and got refused or whether you live close to Suzy I have no idea but I remain puzzled as to why you are even on this board.
I would have thought Porky would knows how to read. Oh well....
“The two parties have agreed to a 30-day exclusivity period, which may be extended by an additional 15 days by mutual agreement, to negotiate and conduct due diligence with the aim of reaching a definitive agreement. Under the letter of intent, TheoremRx would merge with a subsidiary of EUDA. The legal structure, ownership stake, and name and branding after the transaction will be determined through mutual agreement during the due diligence phase“