Member Info for Porky9

Focus on the stock not individuals:-

One thing you won’t be seeing is an RNS saying is “we Can avoid that discounted placing for now for at least five or six months because THX have just credited our account with the initial consideration proposed back in 2021 to execute the LOI”

Anything else will be pure fluff but I’m the rampers here can make something of that

@PM2022

Well at least you tried to answer my points in original post at 18:22 and my reply 20:38 about not playing with a straight bat. I give you credit for that. Rather than more ramping BS.

Unlike @PatientInvestors ramp post just now, all hot air and referencing another ramper @JWallows - But i believe Investors more sophisticated than that to fall for such nonsense. Market wants proven results, Jam tomorrow is for the birds especially on an AIM play that has constantly failed to deliver, has had 15 raises, three 125:1 consolidations and a partner start up that has failed to deliver at every turn into its third year....

Just to be crystal clear, i still don't believe THX will raise cash at all and certainly NOT in the time line, they delivered nothing for over two years and the issue now is the remaining time Window. VAL are out of cash at the turn of the year, i cant see how they can avoid that without a shareholder cash call but we will know shortly. Hence my call there will be a discounted placing first.

On my re-negotiation points, if they ever got to that next year, I think it's really naive of you to think that can't be a reality, I have seen deals under DD go right to wire and at the last minute have either fallen apart or the original terms smashed - nothing is a guarantee until the cash is in the bank. That's how it is.

But more so in Biotech, the financial climate for Biotech's remains challenging which is an understatement, it has materially changed over the last two years, this impacts the entire market not just Valirx.

And finally as i say, if everything is so bolted on, i cant see why the desperate need to ramp 24/7 there's a reason for that and i genuinely think it's to try and keep the SP at this high to make any placing, Turner Pope can secure support at look better value than it is - don't see the point of it otherwise.

@SeamyWee

Unfortunately for me, I have posted under my same name for the last four years hence why you can actually go to the trouble of reposting 3 yr old comments of mine unlike many here who ditch previous names and their history with it and reinvent themselves.

You are a poster that would rather discredit me and make the board about me rather than have an intellectual debate addressing the points about this stock. As for rampers where do I start, so many. We have the recent hype maker @JWallows and the number one prize ramper @PM2022 then we have @PatientInvestor second in command who was previously @Iceman and it goes down from there. But who gives a fig? Provide a contra point to my points raised or don’t bother.

This should be a forum to discuss the stock not people so stop making it personal.

My original post at 18:22 and my reply 20:38 are all you need to comment on, reposting nearly three year old posts to try and drown the debate is pointless.

Feel free to point out how my observations in my post 18:22 and reply 20:38 at the start of this thread do not apply because frankly I don’t believe THX will come through anyhow, and certainly not in the timeline and as I say in the remote chance THX ultimately got funded as a merged party they are within their rights to renegotiate.

Absolutely nothing is certain here

It’s a total shame that the rampers would rather try and a) discredit me and b) repost loads and loads of old posts of mine from mid 2021 when this was a totally different business rather than tackle my points raised at the start of this specific thread.

It’s rather pathetic but illustrates how desperate you are to try and avoid the inevitable

it’s business, these are commercial considerations end of, thx owe valirx absolutely nothing. the signed letter confirms same and re-reminded by valirx there are no guarantees if it will complete on those terms or if at all.

@jwallows i don’t buy into any of your bs, you have been a key element to creating this sp hype bubble by effectively claiming you have insider information, not only illegal if you are found connected to the business but outrageous ramping.

you can’t possibly say if/what a merged entity would want in their own shareholder interests, further you don’t know what they may or may not have to concede as part of any deal with any of the parties. the market has materially changed over the last two years. if thx wanted to change/ propose different terms under a new entity if they merge they could do that., i would go as far as to say they should, cash is king currently.

if thx transfer the money to val before vals cash runway runs out shortly i will shut up. everything else is just pump and hype nothing that counts for **** if the money is not transferred to val in this tight timeline. it’s that simple.

my stance remains there is not enough time and val will need to act to protect own position. but i’m not naive, you can discount my alternative view and call me what you like but val don’t have a strong hand, and thx would only have to delay by a few weeks and they could drive a significantly better deal for them that’s for sure, that’s business.

No you are trying to discredit a forum poster because they have a different opinion to you, rather than debate the key points i am making. Yet this forum should be to discuss the pros and cons.

I appreciate that several rampers here and over in the telegram group are hype and ramping this for all its worth and certainly don’t like any view that doesn’t follow the ramping agenda.

However, I genuinely feel there is a heck of a lot of naivety shown by both the BOD and many of the rampers here. Business is Business at the end of the day.

The thing is IF THX merge with EDUA or not, their sole responsibility is to their shareholders. It’s a business they are not a charity, and neither are Valirx, but the merged business owes Valirx nothing, if they wanted to, they could renegotiate the terms of the LOI. The market has significantly changed over the last few years. They would be well within their rights to do that.

As for all this talk that THX could take a position and building by stealth is just total wishful thinking.

Just to play devils advocate here, if I were THX and in a cash position, I would just kick this into the long grass by a couple of months, let VAL run out of cash. VAL would then need to do a heavily discounted placing that’s if they could get support and I could swoop at that point and pick up all the assets cheap in administration or bid a couple of mil for the entire business then pie off the lab business.

Shock horror, I hear you all saying but that’s business, this is not a charity, and some are bloody ruthless out there so don’t sit there thinking its all-plain sailing. THX may or may not merge with EDUA, if they did they then need to reverse into TMT (if that information relates to THX it could still be a red herring and nothing to do with them) then with cash the new company has to decide how its spent, do they renegotiate, do they let VAL crash and buy up the assets, do they activate other LOIs and not VALS? Also, the new entity can take as long as it likes/ needs to. They are under zero timeline pressure, but Valirx are, that makes Valirx a target if VAL don’t create a plan B should THX not come through as hoped for or in VALs desired timeline.

My view remains that its not possible even with the wind in the right direction to cover off DD and all the legals and structures before VAL run out of cash hence, why I believe this is being ramped to high heaven to support a discounted placing as low as 2p depending on support.

IMO VAL would be really stupid not to protect themselves frankly should THX still not deliver. VAL may be that stupid and naïve as to totally rely on THX delivering but frankly, THX have not delivered at any point over the last few years and there are no guarantees here.

So, forgive me for not joining the ramping party here, too many spinning plates, far too much ramping and little discussion/ consideration of the bigger picture.

Pork's

@Thornogson

Yes, quite easy to insult an individual and join the rampers in their little echo chamber bubble than actually do any real stock analysis here.

As for NYCT another example of the director being economical with the truth, telling the market NHS were buying tens of millions of pounds of stock when in reality the tech needed updating to work and pallet loads of stock were being returned.

But we not here to discuss other stocks, we are here to discuss this one. Further if a percentage of your portfolio you assign to high risk penny shares you won’t call them all right but over period you do get a better idea when things don’t quite stack up.

So before you try and fling rocks at me consider the glass house you are current sitting in.

Good evening to you

@steamyWee

Only thing is the post snippet you have dug up is from 2021 which was before the continuing number of business blunders being made including partnering with THX a start up that has failed to deliver at every turn and still not got funded in over two years. Not to mention a material change in both business direction and a major increase in its cash burn as it transitions to a lab start up business.

You should always re-evaluate your stock positions and ask yourself if your reasons for initially investing are the same today as they were back then.

Jeeze just listen to yourself it really is pathetic...

Take my hat off to poster @JWallows for a highly successful hype and pump campaign keeping the SP at this ridiculous level to ensure placing can get away shortly. But it will all unfold shortly when VAL come to propose the resolutions and EGM, the SP will come crashing down to the placing price.

Now asking you to do homework on how stealth positions are built as another distraction, LMOL, riddle me this, there has been FA volume for any position building, all those die hard holders were already in at 5p you got to be insane to buy at 9p now, where was the volume?

Even if THX reached Heads of Terms with EDUA end of next week, do you really honestly believe the merger part alone could be completed and all DD completed and then go on to reverse into this TMC which could be a total red herring anyway, with all the legals and DD for that in addition all before VAL run out of cash? Just not possible. That’s why this is being hyped and the SP pumped.

If it was a done deal, nothing would need to be said, it’s being pumped for a reason and that’s crystal clear to me, I actually think it is to many of the telegraph group also, they are just going along with it wanting it to done.

Remember Suzy has to give 14 days notice of an EGM and last two weeks of December are a total write off. So clock is ticking frankly...

Watch this space

Still expecting VAL to propose resolutions for a discounted placing and EGM

Firmly standing behind 20m at 4p for £800k or 40m at 2p depending on interest.

Can’t see any logic in ramping the SP otherwise, to be frank, if i knew something was a certain bet I wouldn’t be sharing with you lot, there would be TR1s flying all over the place before you knew about it.

You can ramp all you like but It doesn’t stack up IMO and no confirmation or RNS from VAL on this speaks volumes.

If everything is so bolted on why the need to ramp this to high heaven? Why are we being fed what constitutes insider information if this we’re true and why no official confirmation from Valirx?

TMT is already a listed company on the Nasdaq it could simply merge with THX it could merge with anyone for that matter

EDUA could merge with THX or merge with a better partner or not at all

All three legal entities TMT, THX and EDUA have own interests, none of them could be connected, linking TMT to it also could be a total red herring. Would EDUA want to merge with THX and even if it did no guarantees on capital and no guarantees on timelines and no guarantees they wouldn’t re-negotiate the original terms of the LOI as the market has moved on so much over the last two years.

The only consideration as far as I’m concerned is if VAL get paid or not. If they do it prevents a discounted placing, if they don’t then it’s cash from shareholders shortly via a placing or lights out. It’s a binary outcome.

My view is that VAL will need their own discounted placing first very shortly hence why it’s being hyped and ramped as much as it is.

Will know soon enough

Keep up the great Ramping work

Amazing that tHX have been sitting on 70m of cash since March yet VAL have never confirmed same in all that time.- yeah right.

Just as well we have some insider information to go off....

Clearly you can fool some of the people some of the time

See you at VALs discounted placing...

@JWallows

Words are cheap, delivery is everything

I’m calling you out as a first rate BS merchant here solely to pump the SP prior to VALs discounted placing. Just feel sorry for those caught up in this nonsense.

Prove me wrong

“Not sure what they will do with the money”

Oh is this from the 70m stash, that nobody has any proof of that the rampers claim has been on hold since March in an account off shore in the Cayman Islands ?

LMOL wetting myself, well for the fun of playing this game only, the money would cover 5 months cash burn and some good crimbo bonuses for all and pay for the bubbly at the office party.... then raise again pre the July 24 AGM but it reality it’s a work of fiction anyway and there is no money so it’s not going to be a problem thinking about what to do with it.

But rather than play “what would you do if you win the money” let’s see THX actually pay something first.i will take the 10k lab fees for now, they have never paid a bean!!!

Frankly, THX have never delivered anything since they signed the LOI just loads of failed promises and I expect more of the same. VALs discounted placing can only come first as the timelines don’t allow. It’s that simple. Unfortunately, cash runway will be out at VAL shortly and VAL will have no choice but to sort a discounted placing.

But keep ramping guys I’m sure you can still fool some of the people but clock ticking and I wouldn’t want to be left holding the baby when VAL issue the placing RNS and EGM date.

Not long to find out....

@PatientInvestor

Yep, your right the news can land at anytime

Once Turner Pope can secure support, Suzy can get the resolutions prepared and issue the RNS notice of proposed placing and EGM.

Just a case of what the placing price will be, sticking by 20m at 4p to raise £800k or if struggling 40m at 2p top raise same.

We should know soon enough as you say...

What did the stateside RNS say at lunch time??... LMOL

JOKE, just amazed how far you rampers will go with this nonsense....

No news in three weeks yet despite over 70m of cash has been held in an offshore account since March apparently..... yeah right, i will start flying soon..

Have a good afternoon

Told you already.

IF THX transfer the cash to VAL BEFORE we get the resolutions and EGM date to proceed with a discounted placing from VAL then Yes I will leave you to ramp unquestioned.

Unfortunately though for you, the chances of THX transferring ANY cash to VAL anytime soon are absolute ZERO as i see it.

Only reason why i think the VAL raise is being left right until the death yet again is because a) i wonder if Turner Pope can get support from shareholders for working capital, maybe they are struggling or b) just general incompetence on fiscal control and hoping SP improves so they can get the placing away at a better price.

Clearly with the SP at these highs now would be the time to sort the placing rather than leave it longer, see the SP retrace back to 5p where it was a three weeks back and have to place at a penny.

Will know soon enough anyhow

@Desamex

Not buying any of it, without an official RNS from VAL its totally meaningless and still doesn't actually provide PROOF of anything, none of it has any direct bearing on Valirx.

Further i maintain their is ZERO chance of funds from THX hitting VAL before their discounted placing

Will know soon enough. Just awaiting the resolutions and VALs EGM date

Then many of the rampers here that have insulted me for daring to have an alternative view can apologise.

Good day