Member Info for Porky9

So in all I don’t share your enthusiasm, I understand your ramping but don’t agree with it but shortly the results published will prove the cash position. I can guarantee they will be back to the trough for more cash, as light follows day, it’s how it is.

Anyhow that’s my viewpoint.

Ps. FAO NIck - Very funny...

Don’t be patronising Stephen, I know exactly how warrants work..... and also how warrants become not worth the paper they are printed on if a new issue is required at discount.

You assume far too much:-

1. The full year results to 31/12 will likely include costs that were paid after 31/12 - let’s see what the loss comes in at but my money is on it being greater than £2.3m loss - IMO they have no handle whatsoever on cash burn, no desire to really reduce it, paying a BDM an inflated salary who has not brought in any business a really good example but there are others. As a result they will need a further raise quicker. But it’s expected that the placing will come because it always does.

2, The lab is a total albatross around the neck, it eats cash, it has zero paid for contracts and I don’t blame the scientists for that, its BOD direction, no investment in sales and marketing, they think going on a jolly to the USA with mates and getting a round of golf in is the way to get business, it’s not it requires graft and nobody is doing that, working from home with multiple jobs illustrates to me lack of commitment, sorry.

3. To leave 201 with THX for so long shows real poor management and dire business acumen skills, very very poor management but moreover a lack of concern for continued burn of investors cash to fund that poor decision. It’s been closed off but very late in the day.

4. 401 I have said will likely result in an extension, it can’t result in a cash payment because put simply they don’t have any and 8 don’t agree with your analysis that someone else will. It’s a 15 yr old outdated spin out from 201, it costs millions t9 take drugs to trials and this isn’t innovative enough imo compared to others on the market.

5. CLX I think is their only asset with potential but my best estimate is 18-24 moths minimum if not far longer but certainly two or three more raises away. They will be out of cash years before CLX can bring any cash in, its needs more funding, it needs peer reviews and phase1 trials for it once positioned and that’s if it’s good enough.

6. I don’t like the fact that they now have added more BOD members unrelated to women’s health and Cancer, it’s a change of direction and I suspect it’s because they know the concept still unproven in 15 years doesn’t work and now grasping at other verticals. This is a new vertical that will take years to develop, again much longer than the current cash runway can support. That’s wha5 I think, I would order they spend the cash trying to make the existing business viable.

7. To date the biobank has proven to be a total waste of investors cash, the previous owners couldn’t make it viable and business revenue generated to date (none) proves same. IMO technology, AI has advanced so much I actually don’t think their is demand now for it, dated concept. I also know for a fact other biolabs have little demand also so I don’t see how they c

What do i advise you to do? I am happy to say, although i think you are too emotionally involved in the dream and believing everything you are told Stephen to make an informed decision and see reason.

You should slowly work your sells into any small spikes as they come along until your exposure is reduced. That is seriously the right thing to do here. Before September, they will be back for another £1.5m to keep the gravy train going, otherwise its administration at that point, ME can do a deal with Suzy or simply pick off any assets worth having for a token and reverse them into his other limited company, ruthless but that's business.

If they can pump the price with some spaff news, sell into it before any MMs do as part of getting the next discounted placing away. Otherwise you will be left holding the baby and the SP marked down to .15 or .20. Always remember Stephen that the SP can be continually discounted and they can always do another consolidation event.

This play is only for short term trading, a punt, not an investment.

@Grainer

Too true, but they work on the premise that if they can sucker a few gamblers in, they can then sell into the trades, its the only way you can exit. Stephen will have his pants down shortly anyhow because he wont be able to offload any quantity, the stock will be so discounted he will have another capital gains loss to offset. Mark my words, it will get pumped again to try and sell into for the next raise. Nick thinks they wont get another one, i thought that four raises back but they keep coming and frankly as long as the MMs and market supports it, why not. They company has every right to take shareholders for granted, it free money to maintain lifestyles and there is no end to it.

My message was to Nick not you, you are ramping now more than @PM2022 , perhaps @PM2022 needs to put more work in here unless he's actually doing some work to get sales in - now that would be a shocker....

@Nick

If you got some on the drop at .40 and get an uptick in the bid to cash out .55 fair play to you. Far too risky IMO with the current burn on admin costs. He will be back for another £1.5m in no time. The full year results to end of Dec 24 should be out shortly and they wont make great reading, it would not surprise me if the annual cash burn is even higher than it was the previous year.

Nobody in their right mind would pay anything like that for the assets here, in a fire sale your looking £100k top side for the lab assets and the remaining outdated IP.

You can ramp all you like, upside capped due to the warrants, because if a warrant holder got chance to offload them for even a 5% profit its free money for them meanwhile anyone holding gets diluted to fck. But you need to ramp the hell out of this because its a few months to the next cash call and that window is getting smaller by the day.

Anyone punting here may do better playing roulette at the casino.

Yes, 22% spread, how to lose a quarter of your cash in seconds...

But love watching the ramping, you can fool some of the people.....

IMO he's put contacts in vetinary on the board because put simply the existing contacts have been rinsed to death and he needs a new audience to try and raise cash from. The current business model does not work, technology has advanced massively in the last 15 years hence yet another direction change to maintain those lifestyles.

"You might sell if you can get 1p" ROFLOL - Get your money back you will be out quicker than a rat out of a drainpipe.

Unless he secures another big chuck of funding via yet another discounted placing to squander, with the current burn it's lights out later this year.

CLX is three or four more raises away imo it needs a lot more time, Ambrose has no cash so 401 can have 100yr IP, makes no difference, cash is king.

Got to give you guys 10/10 effort for ramping it though

Some subtle ramping here again to try and encourage some suckers (sorry investors) in.

Still, you can fool some of the people, some of the time.

@Uncanny - I could take every point you make apart, for one thing Ambrose don't have a pot to pee in and any cash they raise will be to keep their own lights on, not give to VAL so no cash there..

The warrants arnt worth the paper they are printed on, just like all the other cancelled warrants before them, remembers CENCOS 20p warrants lol.

Best ME can hope for is a another raise before Sept at .15-,20 followed by yet another consolidation event. Window now getting smaller to do.it.

Some subtle ramping here again to try and encourage some suckers (sorry investors) in.

Still, you can fool some of the people, some of the time.

@Uncanny - I could take every point you make apart, for one thing Ambrose don't have a pot to pee in and any cash they raise will be to keep their own lights on, not give to VAL so no cash there..

The warrants arnt worth the paper they are printed on, just like all the other cancelled warrants before them, remembers CENCOS 20p warrants lol.

Best ME can hope for is a another raise before Sept at .15-,20 followed by yet another consolidation event. Window now getting smaller to do.it.

Some subtle ramping here again to try and encourage some suckers (sorry investors) in.

Still, you can fool some of the people, some of the time.

@Uncanny - I could take every point you make apart, for one thing Ambrose don't have a pot to pee in and any cash they raise will be to keep their own lights on, not give to VAL so no cash there..

The warrants arnt worth the paper they are printed on, just like all the other cancelled warrants before them, remembers CENCOS 20p warrants lol.

Best ME can hope for is a another raise before Sept at .15-,20 followed by yet another consolidation event. Window now getting smaller to do.it.

@notpotalot

Porky9 = 8 posts in 30 days

Uncanny = 54 posts in 30 days

PM2022 = 29 posts in 30 days

PM2022 posting less perhaps ME has had a word.....unless it's a second account

It's not funny, individuals, many not earning anything like £180 -200k a year have sunk their hard earned into this in the belief they might make a difference only to lose the lot, Many grief struck by personal events and will try anything.

Posters like you, PM and others have fed into that. I am ashamed to say I also played my part in that a few years back - it's wrong. This is not the only penny share like that but it's how it is - think on.

I dont wish you ill fortune, I hope you get out with a profit but for you to do that someone else has to lose buying your shares off you.

Yes, well thats where you are wrong because it's one thing holding a large chunk of penny shares and it's another thing trying to offload them. Especially, in the situation of an emergency raise to avoid administration.

The only chance you have to offload is by working the trades by selling into any spikes you can create - that's the way it is and your window is fairly small. By September they will need another £1.5m raise to fund the next 8-9mths.

@Uncanny

Look, I’m sorry but let’s just take the last two raises, forget the 15 odd raises before that, just the last two in the last 18mths, We are talking over £3m that has been spunked away on fully paid jolly’s abroad, obscene admin costs which is the bulk of that circa 90%, allowing people to work from home with two jobs and live a champagne life style. Sorry but IMO they have zero appreciation of investors cash, just back to business as usual on the gravy train until the cash starts to run out again and then it’s hype it up, pump the stock, sell into it, repeat and rinse all over again - it’s at a stage now where it’s become offensive frankly.

Can you imagine what a small business that makes a pound go a long way could achieve with £3m quid? Can you imagine what a university cancer research team could do with £3m? What about your local cancer children’s hospice? Or local cancer care teams? the list is endless but you and PM post here, ramping it constantly to encourage people to lose their hard earned in some non proven concept that has delivered next to nothing in over 15 years, the only winners being those taking money out the business, the brokers facilitating this nonsense and the swing traders pumping and dumping the stock on the waves - totally outrageous.

That’s why I post here occasionally as I see this for exactly what it is.

Yes, indeed more rampy tosh, @jasonpugh has been in and out more times than the bloody Hokey Cokey. a total 100% swing trader, Give it a rest. And as for Patrick singing the praises of Suzy, give me strength, just about says it all doesn't it.

You are due another P&D, perhaps another twitter post, nudge nudge, £64m on deposit ready to go.. wooow, best buy quick,, worked last time.....

Although, don't you think punters have caught on now? kind of getting of a bit of a tired old game now isn't it?

Good grief, you two really do post some deluded twaddle, commercial business just does not work that way. As for non dilutive funding dream on, not of any value anyhow there has to be a proven asset of some value in the first place to secure funding against. Setting up a load of separate limited sub companies and calling them an SPV does not jettison a companies value, if it did every man and his uncle would be doing it!

In VALs case there is absolutely nothing here, the lab eats cash and there has been no revenue in 15 years. CLX is a few years off and multiple further raises to support IMO and 201 is 15 years old and most likely totally outdated and superseded now with better technology. Extending its IP life when it hasn't secured any interest in all that time speaks volumes, likewise the fact it has not had any peer reviews.

The best Mark can hope for is another £1.5m of free cash from suckers (investors) in September or before to keep the gravy train going and continue to fund the lifestyles. £ 2.3m cash burn a year, the bulk of which is all admin costs, chunks of which spent on work from home staff doing two jobs - you couldn't make it up - wake up for crying out loud.

Trade it by all means, timing is everything but the ramping tosh posted here really needs to be taken with a VERY big pinch of salt, this is NOT an investment.