Member Info for Porky9

@ChazC

You don’t agree terms and merge within 30 days. You could reach HOT but then further DD and legal contracts and new framework would need to be worked on after. 3 to 6 months average. Then new entity then has to try and raise. Then look if renegotiations are required and then what they back, a lot also depends on what was conceded during the merger if it happens.

BUT as I keep saying, the chance of THX actually transferring cash to VAL in time i put at absolute zero.

Finally, 201 is now over 15 years old, hindsight is a wonderful thing but VAL have squandered the best part of £35m of investor cash over the period, the phases 2s should have been carried out properly at the time with a much bigger data set at the time. Further, It’s gathered dust the last few years with THX not being able to raise funds, I still don’t think they will pay the money over to VAL BUT moreover nobody would take 201 on in all that time and I’m not convinced if funds were raised they would use them on VAL and 201.so a heck of a lot of what ifs here on a bloated hyped up share price bubble on the verge of bursting.

@ChazC

You keep telling yourself that

Not really

You are expecting THX to merg and then go on to raise funds and for new said entity to go on and push funds without renegotiation into 201 a 15 year old drug that has likely been superceded- market changed materially but moreover moving towards AI - boat missed long ago

Ohh there’s pumping and pumping

Let’s see the colour of the money eh, IF /Not Likely, THX transfer the money owning to VAL before VALs cash runway runs out I will show my ass in Poundland’s window. It is NOT going to happen

Massive difference between a two bit company merging with EUDA and then going on to raise cash then deciding what to spend it on and then transferring cash to VAL in a short timeline. Joke.

The ramping here is off the scale and I should know :)

It’s a traders dream stock

Bit of short term fun before the hype bubble bursts.

Matters not if THX merge or not, they still have to raise the cash, they still have to then pay it to VAL and this all has to happen before VAL run out of working capital. Not possible.

Impressive though that the value of the business has gone up by more than five times what THX would be paying anyhow which isn’t likely to happen. Talk about buy the dream.. each to own I guess

See you at the 2p placing..

Yes, the placing news and VALs EGM

I see you are back to removing messages again @PatientInvestor

Keep taking the rampa-cetamols

No oh dear at all

Keep ramping.... ramp ramp ramp until it pops....

Know exactly how this is going to end

MASSIVE difference between a possible merger and then a business going on to get finance and moreover transferring funds to VALIRX.

THX have been trying to raise funds for three years, don't you think this hype bubble is incredible convenient just before VAL run out of cash?

Short term it doesn't matter what the SP does pumped or not, as soon as VAL have the resolutions ready and the EGM the SP will come crashing down to that level. Watch this space.

I stand by THX wont be transferring cash to VAL any time soon and we are going to find that our shortly.

@Defiant-One

Not at all

VAL haven't released placing news and EGM date yet, they will leave it to the wire but it will happen.

Meanwhile, THX wont transfer the cash - its that simple.

This is mere trading fodder in the meantime.. just make sure your not the last one holding the baby..

VAL won't get paid - watch this space. You are buying "The emperors new clothes"

All this BS is a mere distraction prior to VALs placing.

You assume that THX merging with EUDA means VAL get a chunk of money to avoid the placing. It doesn’t, the two things are mutually exclusive. 1. Even with Heads of Terms it would take many months to complete 2. The combined business then has to go on and raise funds 3. The combined business then has to decide how it uses the said raise IF they got it. 4. The combined business could renegotiate terms of LOI due to the market materially changing over the last two years and what / if terms they had to concede to get a deal done 5. All of this would take you well into Q2 2024 at best yet VAL are out of cash runway at the turn of the year.

Your focusing on what a stateside business does rather than if THX are transferring cash into VAL.

Will see soon enough, a pump attempt doesn't but it for me that's for sure

@PatientInvestor

Yes my lunchtime, its always my lunchtime :)

@Snakeeyes

Why are you here, a newer account, probably reinvented yourself???

Anyhow, you should be grateful someone is prepared to help evaluate this stock and actually point out some of gaping holes in the argument. Not least the fact that VAL have had 15 raises, 5 under Suzy with 6th due any moment, three 125:1 share consolidations, free stock to CENKOS, wasting cash on a PR firm, giving 201 to a potless start up, not delivering when they say they will, massively increasing the cash burn back to where it was pre crash, paying themselves more money and bonuses at your expense, £17.5k bonus to Kevin, Suzy salary doubling to £160k yet still wont buy shares as she has her family to think of, Stella's "Gerald Ratner" moment- that was totally priceless, taking the business in a whole new direction as a lab start up that will need significantly more capital to establish, its been blunder after blunder.

Most here wanted BOD changes at the last AGM, in fact the majority of you voted that way or at least confirmed that in this very forum then thanks to your messiah Adam, overriding the vote they all got to stay. A poor director does not wake up the next day and become a good one and doing the same things and expecting a different outcome is equally as stupid. Likewise Rampers here expecting THX to transfer Cash to VAL - yeah, i might start flying soon.

First stage however will be to see if VAL secure support for the discounted placing, that's the main event here now IMO

Oh and regarding the poster @Share4 I can clarify it’s a totally different Entity to me, not that I should need to say this, most of you here either have multiple accounts, or have reinvented yourselves two or three times.

I wouldn’t be surprised if Poster @StTropex was @Iceman and now @PatientInvestor. The hype, pump and ramping here is off the scale.

Refreshing that someone else pointing out the hyporcacy here regarding 24/7 ramping yet trying to remove counter argument.

Also, as another example the SH losses over at FCS which was also ramped to high heaven and now suspended, it perfectly illustrates why some of these cult like telegram groups are not healthy, avoiding counter discussion, in the FCS example they were talking about a £5m offer, next thing the 10% key holder dumps the lot and now watch this space it will get taken private for buttons, SH will take the hit on that one, that could happen here? Frankly if I was THX I would kick it in the long grass for a few weeks let VAL run out of funds and pick it up cheap if I was so inclined. Likewise Adam, do the same and reverse any assets worth having into my own business or APTA - that’s business, some might say ruthless but that’s the commercial world, this is no charity. Some here need to harden up to the real world of business not fantasy situations like @PatientInvestor advocating that someone should pay a 400% premium to buy 10% - totally ridiculous.

@HD

You claim that THX merging with EUDA means VAL get a chunk of money to avoid the placing. It doesn’t, the two things are mutually exclusive. 1. Even with Heads of Terms it would take many months to complete 2. The combined business then has to go on and raise funds 3. The combined business then has to decide how it uses the said raise IF they got it. 4. The combined business could renegotiate terms of LOI due to the market materially changing over the last two years and what / if terms they had to concede to get a deal done 5. All of this would take you well into Q2 2024 at best yet VAL are out of cash runway at the turn of the year.

VAL do not have a strong hand, VAL have a duty to their shareholders and if that means a discounted raise to give them more time, that’s up to them. Remember THX have a proven track record of not delivering on what they say, I genuinely don’t see any cash coming in from them before VALs cash runway is out. It’s that simple

@PatientInvestor

Let’s just explore your theory that SH approval would be required on buying any assets for a token fee so wouldn't get supported.

Yes, in principle you are right SH need to vote however, if come the turn of the year no cash has arrived it’s lights out, VAL go into administration so your choice is vote a highly dilutive raise to save the business or accept a token offer - what do you do?

If SH are put in that sort of position where they take something or lose the lot, I can tell you the vote would get passed, it’s how it is.

As for someone paying a massive premium for stock, you got to be kidding. Three weeks ago prior to when JWallows started this hype bubble and you and your ramping crew joined in, you couldn’t get buyers for this stock at 5p for love nor money - now it’s twice the price on thin air, pure hype, no substance, a house of cards.

Moment VAL issue the RNS with resolutions and EGM for their placing the SP will come crashing down to that level, 2p highly likely IMO but VAL have no option here, it’s that or risk the business, I don’t see it possible that THX will raise and pay VAL the cash to avoid that placing in time.

We will know soon enough.VAL have to give 14 days notice.

@PatientInvestor

What you will find is that you or one of your ramping crew chums actually removed my post where I detailed why Your post was utter utter nonsense and why if THX wanted to buy an interest in VAL they would be better off kicking any payment further into the long grass letting VAL run out of cash and picking up what they wanted for a song, on deleting my post LSE removed the thread and it took your post with it.

One thing I don’t do is a) remove posts or threads or b) start a new thread with the same title as the old one so that anyone adding a message to it can’t read the original post. It’s totally pathetic but it’s what you do.

@PM2022

Nice to see you write your own message for a change rather than copy and post old ones of mine from 2021 when the business was totally different.

Although starting a new thread with the same title to remove comments that don’t agree with you is a little sad but it’s a tried and tested trick rampers use - you can’t kid a kidder, I’ve worn the T-Shirt.

The only news you will get here is fluff and pump until ultimately VAL declare the EGM date and the placing proposals.

I put the chance if THX transferring cash in time, if ever at absolute zero but keep pumping, it won’t matter,when the RNS lands the SP will re-rate immediately to the placing level proposed

@Clarencell

I don’t follow football so don’t understand your analogy

Are you saying I would be betting on Manchester United but if Manchester City we’re winning I would say I wasn’t betting on the first one?

I guess you are right in so much that we are talking about a bet rather than an evaluation of a business taking fundamentals into account.

@Clarencell

They are on AIM for the specific purpose of raising cash that’s the whole point of AIM and they are veterans at raising capital - don’t lose sight of that.

Problem now is markets have turned south and capital is harder to raise hence bigger discounts, the biotech sector itself hit specifically hard by the funding drought.

But it’s a binary outcome here irrespective of the nonsense the rampers will keep pumping out about business irrelevant to us to sucker people in:

Either THX will transfer the £1.3m cash to VAL before VAL runs out of cash turn of the year OR share holders will be digging deep again to ensure the lights stay on.

And you all know which outcome I believe is the most likely

But Good luck, spin that wheel, winner winner chicken dinner.....

Sounds like it’s time for the lads to sit back again and crack open a bottle or two of Kilimanjaro beer in the sunshine whilst waiting for the drill parts to arrive.

Honestly, it’s one set back after another, still progress is being made albeit slowly...

I still out THX transferring hard cash to VAL before VALs cash runway runs out at the turn of the year as Zero but keep pumping.