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The focus here and speculation is all hype and pump regarding if THX merge or not, nobody cares, its a total distraction from what matters and that is if VAL have sufficient cash runway or not as they are out of cash at the turn of the year. As a new shell they would still need a quote. THX have been saying they can raise for over two years and haven't been able to do so. I don't buy into they have had funds raised since March BS and as such don't expect them to pay VAL before they run out of cash shortly. There is ZERO proof anywhere that there is over 60m on deposit that THX are holding ready to distribute that's why i'm not buying into the whole JWallows BS.
I remain convinced the ramp is to inflate the SP to have more chance of Turner Pope securing better discounted placing terms which in this market will be brutal. I remain convinced the placing will land FIRST. 40m at 2pto raise £800k or 20m at 4pto raise same if the current SP high holds. We will know soon enough.
I would look closely at the wording of the statement that EUDA put out, if they have agreed Heads of Terms to merge as a new entity. I bet there is no mention in it of cash raised already in the new shell or more importantly partners like VAL having funds transferred to them shortly to activate LOIs but we are about to find out.
@Borsaci06
This is the key point I have been trying to make. Even as a combined merged new created company they then have to go on and try and raise funds. They haven’t raised in over two years and I don’t expect them to now and certainly not in the timeline before VALs cash runway is out.
They were implying that TMT Blank Chq was somehow connected but I couldn’t find evidence anywhere of proof yet the hype and ramping has been off the scale. iF they are suggesting TMT would merge with the new entity after that’s something else but I would imagine quite a list of businesses out there currently looking for a cash shell, much competition.
@PatientInvestor
Merging and cash raising are two different things
If you think THX are going to be in a position to send cash to VAL, if ever, and prior to VAL running out of cash runway and needing SH support you are seriously deluded.
Anyhow, leave you to it, keep ramping away
@Paperprofits
You are all buying into this Jwalows claptrap
But each to own
Fill your boots.
@SteamyWee
Look if you like posting outdated messages of mine because you refuse to debate any contra point that isn’t a ramp crack on with it.
I absolutely guarantee there won’t be mention of cash raised or cash being transferred to VAL but if you prefer fantasy stories to facts, fill your boots with the stock. Learn the hard way and see you at the placing.
Keep ramping guys
The focus here and speculation is all hype and pump regarding if THX merge or not, nobody cares, its a total distraction from what matters and that is if VAL have sufficient cash runway or not as they are out of cash at the turn of the year. As a new shell they would still need a quote. THX have been saying they can raise for over two years and haven't been able to do so. I don't buy into they have had funds raised since March BS and as such don't expect them to pay VAL before they run out of cash shortly. There is ZERO proof anywhere that there is over 60m on deposit that THX are holding ready to distribute that's why i'm not buying into the whole JWallows BS.
I remain convinced the ramp is to inflate the SP to have more chance of Turner Pope securing better discounted placing terms which in this market will be brutal. I remain convinced the placing will land FIRST. 40m at 2pto raise £800k or 20m at 4pto raise same if the current SP high holds. We will know soon enough.
I would look closely at the wording of the statement that EUDA put out, if they have agreed Heads of Terms to merge as a new entity. I bet there is no mention in it of cash raised already in the new shell or more importantly partners like VAL having funds transferred to them shortly to activate LOIs but we are about to find out.
@SteamyWee
Is your objective in posting three year posts of mine just to try and push off the page any message that is not a ramp?
All you are doing is trashing a board and encouraging people to start new alias - you need to accept that the business now is a lifestyle start up lab business and totally different to what it was three years back
@Thetheorom
Jason, warrants are good for companies not for Shareholders. For someone to cash in a warrant at 14p they need to make a profit on it, so it caps your upside if you are buying at that level as any profit above the 14p in this example they can take and dilute you bringing the share price down with it. So i wouldn't get too excited about that.
@Seawolf
Because the focus here and speculation is all hype and pump regarding if THX merge or not, nobody cares, its a total distraction from what matters and that is if VAL have sufficient cash runway or not as they are out of cash at the turn of the year. As a new shell they would still need a quote. THX have been saying they can raise for over two years and haven't been able to do so. I don't buy into they have had funds raised since March BS and as such don't expect them to pay VAL before they run out of cash shortly. There is ZERO proof anywhere that there is over 60m on deposit that THX are holding ready to distribute that's why i'm not buying into the whole JWallows BS.
I remain convinced the ramp is to inflate the SP to have more chance of Turner Pope securing better discounted placing terms which in this market will be brutal. I remain convinced the placing will land FIRST. 40m at 2pto raise £800k or 20m at 4pto raise same if the current SP high holds. We will know soon enough.
I would look closely at the wording of the statement that EUDA put out, if they have agreed Heads of Terms to merge as a new entity. I bet there is no mention in it of cash raised already in the new shell or more importantly partners like VAL having funds transferred to them shortly to activate LOIs but we are about to find out.
@snakeeyes1875
Why do i care - Put simply, sick of seeing this sort of manipulation on the AIM, there will be a percentage believing the hype and when the resolutions and EGM notice drops the SP will come crashing down to that proposed placing level. Seen it done so many times now.
@Snakeeyes1875
This is how i see it:-
They can't just merge and transfer funds. THX doesn't have a pot to pee in. It can merge and create a new shell with EUDA but it doesn't mean it can then go on and raise funds.
Speculation that a blank check co TMA holds 60m in the Cayman Islands listed on the NASDAQ with funds ready to deploy since March is utter nonsense - They would have been ramping about this back in March - the reason the ramping is intense now is because they need the SP higher to get the VAL placing away at a higher price.
VAL are out of cash runway at the turn of the year and have to give 14 days notice to call a EGM and issue resolutions. Clock is ticking.
Lets see what happens but i'm absolutely convinced it wont involve THX transferring cash to VAL
I 100% stand by the discounted placing coming FIRST before any cash from THX if at all
Having carried out significant research on this stock i am absolutely convinced and remain so.
I put the placing at 40m for 2p to raise £800k. IF this ridiculous SP level can hold then Turner Pope might be able to secure 20m at 4p for £800k
All of this THX merger BS is a complete side show it wont result in cash for VAL - that's how i see it.
@IM
Lets see the colour of the money ehh - I'm not convinced but i grant you punters have been betting on it.
Merging and then raising funds and actually transferring cash to VAL are totally different things.
Lets see, if THX transfer the cash i will shut up. but i still don't see it happening. AND yes i still believe this entire ramping situation and hype bubble has been created to get a placing away at a better price.
BUT i tell you what the SP here will come crashing down IF THX don't transfer that crash and we will know soon enough
It's the Casino that is AIM
People punting on absolute fresh air, they are buying into the BS that IF THX merge it's going to result in THX paying VAL the cash to extend their cash runway by five months and avoid a heavily discounted placing for now- yet in reality they are two different things.
They may or may not merge, who cares. As for funds being paid i wont believe it until i see an RNS from VAL saying we have received funds of X in our account.
We will know soon enough, meanwhile spin that wheel.....
winner winner chicken dinner
@JWallows
Sorry still all hype and pump
Not buying any of your BS but clearly you can fool some of the people some of the time.
THX merging and THX transferring cash to VAL are two different things
We will know soon enough anyhow but it won’t involve THX paying any cash over
And as for stronger position, now you really are having a laugh, they have delivered next to nothing, other than starting a lab business that will need loads more cash to get established whilst paying the BOD massive bonuses and benefits. Cash burn is back up to pre crash levels.
LMOL buying 5/6 Cheaper, you having a laugh, you couldn't give these shares away at 5p three weeks ago prior to the hype / ramp bubble.
If anyone wanted in they are already in it. Certainly mad to buy at this price that's for sure
Profit is not a profit until its materialised - fact.
How many times have you had a hype bubble and not took the cash off the table and been left holding the baby?
Not long until this hype bubble bursts....
Won't stop the rampers giving everything they have got....
Buying shares at three times the price on a hype, more than five times the cash value if THX paid them, which they wont anyhow is just poetic. And the rampers are trying to con visitors here that THX merging guarantees they can raise capital and fund VAL in time- not possible. Absolutely ridiculous.
Jeeze, It would be an entirely new business created, new name, new structure, new BOD, new views IF they did agree terms to merge. IF they don't its game over and if they do there will be a whole process to complete but moreover, it wont involve transferring cash to VAL anytime soon - you are deluded if you think otherwise.