Member Info for PM2022

Porky it's clear why you are here to create fear. You clearly hope VAL will be cheaper so why would you be holding it even if you claim it's a freebie. In reality you don't hold a freebie if you think it will be cheaper.

Why are you so obsessed with this stock if you are not holding it. You should widen your knowledge of the market and look elsewhere. Plenty of great stocks around. This OCD bullchit on this board. Seriously what a clown.

Myself and a few personal contacts = a few percent in total + telegrammers where general opinion is clear = at least 10/15% in total that i know have voted NO. They need 75% so almost impossible.

Porky claiming to be a holder is making me laugh lol. Anyway let us see how it plays out.

Porky back to playing games again lol. How can they pass res 4 if they need 75% and almost everyone has voted against including many large holders. We will find out on Tuesday and once again you will be wrong.

Not talking about Adam but a number of other people. VAL is a good buy 201 will have to be resolved before the votes in June and if it is bad it will not go down well with all holders. My bet is on lots of positive news to come and we will rally to 30/40p including 301 in the next 3 months. I would not worry about resolution 4 as it requires 75% if I understood correctly and based on what i know it's not happening at this moment of time.

If they cannot show they want the SP to increase for existing holders then we will get our chance to vote in June but one of Kevin or Stella should go whoever is responsible for this mess at this time. When resolution 4 fails we are in a strong position with cash at least for 1 year,lots of news due and a battered SP which can only go up.

I know which way about 10-15% of the votes have gone from various people and that is a NO. They already need 75% to pass so safe to say resolution 4 will very likely fail.

I think given her salary and the SP performance to date I think we would all take the job and do better.

Agree this is not a charity. We are here to invest and we want the company to do well but shareholders also want their money to be used wisely not by giving everything away for cheap and hopefully some decent returns with our investments in mind therefore placing at decent prices when the timing is right. Not the many years later route when you have been diluted 20 times and then forgotten about. They had three years and we are 10p. A time comes when one needs to deliver.......

Key point to remember and to note is that voting for resolution 4 will be bad for sentiment here in my view. It will likely stop many people buying and could lower the price due to intentions and uncertainty with further cheaper placings.

That is why I feel everyone should vote and make an effort. I understand today is the last day with many brokers...

I am sure we will win the vote. If I understood correctly they need 75% per cent and most are in the NO camp so all good but never take it for granted and vote if you believe this is not the right approach.....

Bottom line if they did not intend to dilute at low prices then why request it at such a time. The strategy is outlined in the broker notes and RNS and to me it suggests multiple raise and spend strategy. I am a very clear NO and even if I had doubts at these prices I would also be voting NO. THe fact they are not buying in is not good either.

Nothing wrong with coming back in June once they actually get some decent outcomes completed and the first lab up and running. I don't see the rush.........Therefore I am very clear NO on resolution 4 for now.

Read the RNS and broker notes all the information is within that. The story keeps changing. If they do a placing on the market for 30 million shares it will have to be at a huge discount for it to be taken and it will have a huge impact on the SP. I want delivery first before all this all the time new excuses.

Might not be anything wrong with it but I don't want to risk placing at the low levels and repeatedly. We need our share price to recover first before all this.

EIther:
1) The Board should buy a decent number of shares
2) Have an SP of at least 20p.
3) Prove the first lab is generating decent revenue and not making significant losses.

One of these should be fulfilled before I vote yes to Res 4. As it stands it is a NO>...... You know what they say, they need to have some skin in the game.....Not enough at the moment.

They need to work to win the votes in JUNE and pass future resolutions not get 30 million extra in hand which could mean we lose power. No cheap passes. Deliver......

Always a few that fall for the typical sales tricks. NO to resolution 4 all the way for me.

What happened to the first lab, we were not told the unique route before? What happened to the target for the deals for the three legacy drugs stated 2/3 years that would be done in the next 3 years or so. Now it is all about being unique what the hell is next. Only delivery will do for now and once delivered we will back them. Only fair imo.....

Why would you sell at a market cap of 10 million with 201 likely to complete, CLX001, lab and other compounds going into preclinical with 3 million cash. Maybe your strategy is to sell low and buy high then again we are not all the same lol.

Your approach is very predictable to cause panic so you can buy cheaper. Only need to check your posting history. Difference between desperate and knowing what to vote for and the importance of an outcome….

Porky my interpretation is that they are close if you listen to the wording. The payments are subject to the near term milestones and it is not enough for further acquisitions but in terms of completing the deal with some payments and raising funds for the trial that is what matters.

It has no bearing on timelines relating to 201.

Keeping THX is not a problem plus they are patent experts.

Agree but slightly misleading relating to 201 as they said far more than what you state Porky. They were confident 201 will complete.

The worst part was the 0.5 million to the current market cap. This is why I say to everyone things can be twisted and judge the situation as it is. We are 10p and 10 million market cap so here I am a NO to resolution 4.

I don't expect resolution 4 to pass so see this a strong buy/hold at the current prices. Happy to wait until June.

@Darkhero it's an option or they can place it on the market for cash that was made clear. Furthermore, who is to say the purchaser will not spend the next few years pressing the sell button as it goes above 10p. I would prefer to see the SP grow first and the first lab running. Even if they acquire with all staff management it will still likely have considerable costs. First they wanted a lab now they want to be unique the story keeps changing. Don't believe everything you hear in life but everyone is entitled to an opinion.

It's not just 30 million they will want more then more then more until you are left with nothing. Therefore at this moment of time I would rather not be cornered it's better to focus on SP recovery first. Company growth is different to maintaining shareholder value which should happen as the SP goes higher.

VAL remains a strong buy/ hold at these prices. Based on the presentation it's clear 201 is progressing well so lots to look forward to and we remain massively undervalued with at least 12 months cash.

Last day to vote with many brokers so get those votes in whichever way you wish to vote.

I feel 30 million shares brings huge risk at these prices if resolution 4 is voted in favour. They would need to place at a very large discount if being used on the market for them to get taken. As I understand it they need 75% to win the vote and I am 99% percent we can win but we need to get those votes in. Check your email or call your broker. I am a no on resolution 4.

We all want to see returns on our investment and not be diluted again and again. Happy with growth but the SP needs some correction first as we don't want a 5p placing. Therefore time for the board to deliver first for a change and for us to vote.

Personally happy to reconsider if we are in the 20s range or more even though I still consider that very low if 201 is done. 10p with the potential of a much lower placing on a number of occasions is unacceptable therefore I am a NO.

Thanks Metom.

Metom call them in the morning regarding the resolutions for Valirx. I think the deadline is tomorrow if you are doing it through the broker. I voted NO to resolution 4 but your choice.