Member Info for Porky9

Discounted placing first BEFORE anything else is the reality.

Rampers can keep pumping but ultimately there has to be delivery. Jam tomorrow no longer cuts it in these markets, investors want results and placing cash just for working capital comes at significant discount.

This is not what the ramping crew want to read but it’s the reality of the market

Good luck

@Phimx

It is a possibility that 201 has been superseded by something far more effective long, long ago. Drug advancements and vaccines have moved on significantly in that time.

They couldn’t find a backer after years of trying and that’s why IMO ultimately in 2021 it was given to this tin pot start up stateside that hasn’t been able to fund a bean since, it has insufficient data, proved to be safe but little effect and as I say, that’s outdated.

It needs a full phase 2 trial to find out if it has any benefits which I’m all for, god knows anything is worth a try but, a full trial would need to be funded of between 100 to 300 patients over a period of 1-2 years and if that results in anything successful it could then move to phase 3. So it needs a partner with the financial capability and experience to fund that.

To date VAL have no proven experience of taking a drug from concept to market what so ever BUT moreover this two bit potless outfit stateside they gave it to, have zero experience also in taking a drug from concept through to market either, worse read all the RNS since the LOI they have failed to meet EVERY timeline they have given. I would have dumped them years ago, the handling of 201 has been a total travesty.

BUT the key thing here is the directional change of the VAL business over the last three years. What you are investing in now is effectively a lab start up business. They are also effectively a lifestyle business in my opinion. 15 raises, three 125:1 consolidations, 5 raises under Suzy and a 6th about to land shortly.

The list of commercial blunders made to date by the BOD has been ridiculous but they have been paid well plus bonuses during that time on dire performance whilst burning circa £2.4m a year of investor cash.

The situation now is that, oh dear, spent out again and will be out of cash runway at the turn of the year. A resolution needs to be passed to get a placing away and they have to give 14 days notice to call the EGM.

As a result the BOD have to be ultra bullish more than anytime in their lives because if SH don’t dig deep yet again it’s lights out shortly. So now, suddenly out of nowhere three weeks ago at 5p this giant hype/ ramp bubble has started but it’s now starting to unfold because there is still nothing proven ANYWHERE. Just whispers and tweets and zero substance.

BUT even if you took all the HYPE and PUMP to be true it’s still not physically possible for cash from 201 to land in timeand they would need more anyhow before the cash runway runs out. At best it would need a financial bridge until it happened or until a larger commercial VAL placing is carried out in 2024 if they then ultimately dump THX. As such they would need at least £800k or more short term.

The good news however is that if the SP remains at this level Turner Pope might be able to get a discounted placing away, maybe 20m at 4p to raise £800k or 40m at 2p to raise £800k eitherway the Placing

@pm2022

i will go one better

i will never post again here if funds land from thx in vals account before val come to shareholders for placing support.

as an added bonus i will also show my **** in poundland’s window if thx transfer any money to val what so ever before the end of this year.

you are 100% being played. it is not physically possible, even with heads of terms on a merger with full dd if passed and then going on to trying to raise funds it’s well outside of vals current cash runway.

as such val have no option but to request sh support in a heavily discounted placing. it’s either that or death spiral financing.

good luck

@PatientInvestor

You won't see a bean of cash from THX in 15 days - Guaranteed.

Amazing the poster has just fcked off on a flight? yea right, but fails to link to any prospectus or proof of any kind from ANYWHERE - Incredibly convenient that.

You are being played like a bloody Stradivarius - Just amazed that some are falling for it. I guess the desire for it be right is an over powering desire over logic.

Just sad, many will lose money over this pump....

As i say, no official news in three weeks, just hype, pump and BS on twitter, forums and made up on the fly to sucker in the gullible and gamblers. No links to any prospectus or proof. No evidence anywhere. Not long now to wait for RNS on the VAL discounted placing and EGM date. Clock ticking:-

I remain shocked people have been stupid enough to be buying any of this ramping UNPROVEN total BS. which "investment consortium" based "where" exactly that raised exactly how much "$$$$" in "private capital"

"everything points to....." "we have $$$$$$$ ready to deploy..." "oh thank you that's amazing,..." "Rodders we will be millionaires by Christmas....

What an utter, utter load of ramping tosh its ramping and hype off the scale.. everything points to a major ramp and pump of the best kind to ramp the share price to enable VAL to try and get their placing away at a better price before they run out of cash at the turn of the year. Good luck with that but clearly you can fool some of the people some of the time as the share price has been pumped to this ridiculous high of nearly THREE times its market cap.

TRANSFER THE MONEY ...... Oh you can't...its NOT there!

Alright then point me to the prospectus, show me exactly what $$$$$ has been raised and led by who and when and where the cash is on deposit "ready to deploy"..... Oh you can't....doesn't exist

Alright then at least point me to something that shows how many shares were issued and at what price and valuation the deal was completed at ........ Oh wait you still can't....

Alright point me to ANY evidence ANYWHWERE that proves where you have funds on deposit ready to deploy... nothing?

Alright point me to where the "Investment Consortium" is based a "lead investor" even... you can't. The whole thing is total Jackanory.

Its totally unbelievable that there are some falling for this crap...

This is just BS of the worst kind, i am accepting that if this potless two bit outfit THX, that hasn't been able to raise a bean in over TWO years, has missed countless promised timelines, actually persuades EDUA to merge with it, its profile would improve that aspect alone could take 6-12months BUT it would still as as the new combined entity have to go on issue a prospectus, new legal structure and try and raise in this market and this would take time, still has no guarantees but moreover WOULD TAKE MATERIALLY LONGER TIME THAN THE REMINING CASH RUNWAY VAL HAVE BEFORE THEY RUN OUT OF MONEY AT THE TURN OF THE YEAR.

Anyone mug enough buying now, will take one hell of a hit when VAL issue the proposed resolution notices for the discounted placing and the EGM date for a fact. I still stand by a 3p or 4p raise at BEST. We will find out very shortly as time running out hence the full on ramping to desperately maintain this hype bubble before it bursts.

Good luck with that.... PEDUAM KAFER SOTH

Pork's

LMOL - Wetting myself....

It's coming alright, the placing and EGM notice

Chance of cash landing from THX before cash runway runs out at VAL - ZERO %

Another baseless ramp from Jwallows, if he is Pat it needs reporting to the FCA for sure.

@PatientInvestor

Yes, yes, Monday, wouldn’t want to be out over the weekend.... I think you need to top up again, it’s been two days at least since your last top up.

Back on planet reality, No RNS on Monday unless VAL have managed to get a placing in principle secured with Turner Pope and can provide the 14 day EGM notice to get it over the line.

Based on the further market down turn now in progress my prediction of VAL managing to secure 20m at 4p for £800k of capital could end up a heck of a lot worse, maybe 40m at 2p to secure £800k

At the end of the day you can ramp, hype and pump for so long but there has to be delivery. We are now at end of third week of this pump since 5p without any RNS or proven facts. Based on L2 I can see this closing 9 to 9.5 today and back to 5p again in the coming week or so before drop to the placing level.

Just a matter of knowing the placing details now

@ratcliffewriter

201 needs a full phase 2 and peer review. Ideally 100 to 300 volunteers and would take from set up about 1 to 2 years to carry out before moving to a phase 3 if successful - the entire process obviously would need full funding. Its a shame that a full peer review and enlarged trail could not have been carried out all those years ago. Ironically, i estimate that VAL have spent over £35m in that time, things could have perhaps been done differently perhaps but, hindsight a wonderful thing. Anyhow, we are where we are.

@all

We can all have different opinions but at least there has been some discussion evaluation today and not just ramp, ramp, hype, hype whilst deleting any posts with contra views. My apologies to anyone i have offended.

Sooner Val move from the spend, raise, spend. raise, consolidate continuing cycle the better for all investors as i see it. Good luck.

@PM2022

PS. Your point about me NOT supporting the 10p raise. That's right. I consider this stock totally uninvestable whilst the same BOD remains in situ. Sorry. Also, Stella agrees its not stable enough yet to consider investing in.

We desperately need change. Reduction in cash burn, Change in focus and moreover a BOD with skin in the game and a real focus on delivering SH value NOT treating shareholders as a cash cow to fund their lifestyles, Suzy's salary and holiday lets business, the bonus payments on non delivery, etc etc. I am just not impressed. BUT that is only MY opinion and I'm entitled to it, you can disagree for sure.

My personal hope is that by the next AGM the changes will come, we will see. Meanwhile, it will be down to investor confidence IF they can secure SH support for the placing. For what its worth, i think they will if Turner Pope can package it at the right level to reflect the risks.

Good luck

@PM2022

Just to be clear my view remains that I do not believe that TherormRX will get funded.

I don’t believe one jot any of the hype and unproven whispers in this forum and via twitter. As per my post at 15.05 today Re: Merger Completion. There is only HYPE and PUMP here to inflate the SP to get the placing away and absolutely ZERO proven FACTS. IF they have funds ready to deploy, TRANSFER THE MONEY.

Since the excessive ramping and hype started three weeks ago from 5p the focus has all been on TherormRX and what they may or may not achieve.

In reality, this business has nothing to do with us, we are NOT invested in THX we are invested in VAL our concern is if Suzy giving 201 to THX was a good commercial decision for shareholders or not. I am saying it was not due to the constant failure to deliver on numerous timelines, the lost time to market and moreover that Shareholders cash has been used to fund VAL due to THX not paying anything over, not even initial promises on lab fees. Their track record stinks, frankly. That’s how I see it.

Now the debate has centred on this motion that “funds are ready to deploy” on them merging with EDUA, which is false, they might think they can raise but they have thought that for over 2 years and never delivered but, despite that fact these two aspects are mutually exclusive. Let me clarify: -

1. THX may or may not merge, maybe they will but there will be a process to do that once heads of terms are agreed. Est 6-12 mths to complete from that point IMO with DD.

2. THX as the new entity if 1 above happens, can then TRY to raise funds in that new legal framework BUT there is no guarantee of success. This will also be a process including DD. Est 6-12 mths on that one aspect alone with the wind in the right direction, in addition, IF at all.

So very simply, due to VALs cash runway position and the timelines, as I see it, this just doesn’t work. Suzy has no option but to request support for a placing from shareholders as VAL are out of funds at the turn of the year. Because the placing involves new resolutions being passed and they must give 14 days notice of an EGM realistically they need to sort this any moment.

This is why I am 100% convinced the ramping is a direct requirement to pump the Share Price, if it can remain above 10p hopefully VAL will get support to place at 3p or 4p after discount very shortly.

BUT consider this, if you are asked to support the discounted placing you have to ask yourself, will this cash they will likely claim will bridge the working capital until THX come up with the money (at best second quarter 2024 if at all) OR will THX still not deliver in 2024? and further if THX fail to deliver again, that’s cash you just wasted and you will need to support yet another placing before next years AGM. That’s the gamble, isn’t it? Do you have the same confidence in THX that VAL do. Frankly, I don’t.

But that’s the decision you will need to make very shortly IMO.

@Seancadman

I wanted to take the opportunity in the open debate here to address your comments as you appreciate i see things totally different to the way you do,

You see, from my perspective VAL is a commercial business NOT a charity. It is set up on the AIM specifically so that it can access and raise funds and they have done that successfully numerous times. far too many times really.

BUT we are at a point where that constant requesting of funds and support of shareholders feels like we are taken for granted, there is an end to ones generosity and the BODs continued failure to deliver has resulted in continual erosion of shareholder value so much so that at the previous AGM shareholders were wanting no more of it, a high number wanted changes to the BOD but the sole declared interested party Adam, overrode the smaller investor and voted to maintain the status quo.

I wont list all the commercial blunders made to date, too many to list and no point going over old ground again but you have paid for each and every one of them through placings but here we are again, yet another placing will be required, there is no alternative.

Also, due to the change in business direction it has IMO dwarfed more into a lab start up business and certainly proving to be one of lifestyle. Suzy's remarks about supporting her family and Stella "Gerald Ratner" moment were specifically telling. Meanwhile, the BOD have continued in luxury at your expense, you have paid their wages and bonuses whilst they outright refuse to Invest alongside you whilst your investment has been destroyed.

So as i see it, It is the BOD and only the BOD that are culpable for where we are now. You mention 201 but had it gone to a well funded partner over two years ago, it could be further down phased trials by now not gathering dust. This was the BODs decision.

Now as it stands, VAL will need placing support again, there is no possible way any funds from THX can land with VAL in time, its a FACT, i can see this as clear as day. Meanwhile, the ramping here is off the scale to lure people in that will highly likely lose money when the placing lands. I will be impressed if Suzy can raise 20m at 4p for £800k BUT it could be enough to bridge the gap until THX do pay/ IF they go on and raise in 2024 and that will be the call.

VERY shorty VAL will need to propose a placing and EGM and it will be down to shareholders to either get behind them and support it or NOT.

I have my own views, i personally would like to see BOD changes but we are where we are and IF you believe and are confident in this BOD to deliver long term then it's your call if you want to dig deep again or not.

But don't get deluded by tweets and posts from rampers feeding what you want to hear rather than reality. There is a clear objective here to pump the SP to help get that placing away. Shortly this will be perfectly clear.

Good luck to you

@Laura2022

6-12 mths for the merger part with DD once term sheet agreed in principle

Further 6-12 mths on top to try and secure funding as new entity

So between 1 year and 2

Either way, VAL will be out of funds and lights out long, long before that OR complete at least one if not two further raises with its current cash burn levels..

As i say, no official news in three weeks, just hype, pump and BS on twitter, forums and made up on the fly to sucker in the gullible and gamblers. Not long now to wait for RNS on the VAL discounted placing and EGM date. Clock ticking:-

I remain shocked people have been stupid enough to be buying any of this ramping UNPROVEN total BS. which "investment consortium" based "where" exactly that raised exactly how much "$$$$" in "private capital"

"everything points to....." "we have $$$$$$$ ready to deploy..." "oh thank you that's amazing,..." "Rodders we will be millionaires by Christmas....

What an utter, utter load of ramping tosh its ramping and hype off the scale.. everything points to a major ramp and pump of the best kind to ramp the share price to enable VAL to try and get their placing away at a better price before they run out of cash at the turn of the year. Good luck with that but clearly you can fool some of the people some of the time as the share price has been pumped to this ridiculous high of nearly THREE times its market cap.

TRANSFER THE MONEY ...... Oh you can't...its NOT there!

Alright then point me to the prospectus, show me exactly what $$$$$ has been raised and led by who and when and where the cash is on deposit "ready to deploy"..... Oh you can't....doesn't exist

Alright then at least point me to something that shows how many shares were issued and at what price and valuation the deal was completed at ........ Oh wait you still can't....

Alright point me to ANY evidence ANYWHWERE that proves where you have funds on deposit ready to deploy... nothing?

Alright point me to where the "Investment Consortium" is based a "lead investor" even... you can't. The whole thing is total Jackanory.

Its totally unbelievable that there are some falling for this crap...

This is just BS of the worst kind, i am accepting that if this potless two bit outfit THX, that hasn't been able to raise a bean in over TWO years, has missed countless promised timelines, actually persuades EDUA to merge with it, its profile would improve that aspect alone could take 6-12months BUT it would still as as the new combined entity have to go on issue a prospectus, new legal structure and try and raise in this market and this would take time, still has no guarantees but moreover WOULD TAKE MATERIALLY LONGER TIME THAN THE REMINING CASH RUNWAY VAL HAVE BEFORE THEY RUN OUT OF MONEY AT THE TURN OF THE YEAR.

Anyone mug enough buying now, will take one hell of a hit when VAL issue the proposed resolution notices for the discounted placing and the EGM date for a fact. I still stand by a 3p or 4p raise at BEST. We will find out very shortly as time running out hence the full on ramping to desperately maintain this hype bubble before it bursts.

Good luck with that.... PEDUAM KAFER SOTH

Pork's

Oh sorry PEDUAM KAFER SOTH is a top secret anagram of MADEUP FAKER TOSH

They won't want to read any of that M&A info, god no. It confirms even after heads of terms agreed you are talking 6 to 12 mths to complete JUST for the merger part. The DD would be extensive. Vet all directors takes a good while before we even move onto legals, DD of assets or proposed assets etc

Still at it then, trying to remove posts that don't meet the ramping agenda.

Ramping crew burnt out now, non delivery proven, where was that RNS last week? Oh we don't mention that now, just post same old ramps

Watch the SP fall now back towards 5p then ontk the placing price. Perhaps Adam can chuck another 500k at this at an expensive level to keep the SP proped up?

Guy should be de-risking by at least a third its better invested at APTA than funding to pay the BODs salary and benefits here but they will call on his generosity shortly anyhow with the placing.

The discoubted Placing can only come first no matter what now - 4p CAll

@PM2022

Oh please...

If THX had raised 100m plus on the NAS via a placing, the world and its uncle would know about it. It would be reported by EVERY financial paper know to man.

Not whispers on Twitter, forums and other non official places. Not least we would have had an RNS confirmation from VAL three weeks ago.

Link me to the prospectus then..... what utter utter ramping tosh

@PP

Look I'm happy to post fire with fire and take all five of the telegram group on that are ramping this.

Look at how many ramp posts @PatientInvestor @PN2022 make per day

I KNOW the score here. If I can help one fellow investor not to be suckered in here I have done a good thing. These are all old ramping tricks, seen them all, worn the T-Shirt, poacher now gamekeeper

Good luck

@PatientInvestor

Look you can try and Bury the facts with more hype posts, heck you and the ramping club can request my post removal but ultimately, no matter how much you ramp this, that placing notice and EGM WILL land and this bubble will burst and the SP drop to where the support is found - 4p at best.

You won't be able to ramp your way out of that. Allowing for Christmas and the 14 days notice, it will land very shortly. Good luck

I'm shocked people have been stupid enough to be buying any of this ramping UNPROVEN total BS. which "investment consortium" based "where" exactly that raised exactly how much "$$$$" in "private capital"

"everything points to....." "we have $$$$$$$ ready to deploy..." "oh thank you that's amazing,..." "Rodders we will be millionaires by Christmas....

What an utter, utter load of ramping tosh its ramping and hype off the scale.. everything points to a major ramp and pump of the best kind to ramp the share price to enable VAL to try and get their placing away at a better price before they run out of cash at the turn of the year. Good luck with that but clearly you can fool some of the people some of the time as the share price has been pumped to this ridiculous high of nearly THREE times its market cap.

TRANSFER THE MONEY ...... Oh you can't...its NOT there!

Alright then point me to the prospectus, show me exactly what $$$$$ has been raised and led by who and when and where the cash is on deposit "ready to deploy"..... Oh you can't....doesn't exist

Alright then at least point me to something that shows how many shares were issued and at what price and valuation the deal was completed at ........ Oh wait you still can't....

Alright point me to ANY evidence ANYWHWERE that proves where you have funds on deposit ready to deploy... nothing?

Alright point me to where the "Investment Consortium" is based a "lead investor" even... you can't. The whole thing is total Jackanory.

Its totally unbelievable that there are some falling for this crap...

This is just BS of the worst kind, i am accepting that if this potless two bit outfit THX, that hasn't been able to raise a bean in over TWO years, has missed countless promised timelines, actually persuades EDUA to merge with it, its profile would improve BUT it would still as as the new combined entity have to go on issue a prospectus, new legal structure and try and raise in this market and this would take time, still has no guarantees but moreover WOULD TAKE MATERIALLY LONGER TIME THAN THE REMINING CASH RUNWAY VAL HAVE BEFORE THEY RUN OUT OF MONEY AT THE TURN OF THE YEAR.

Anyone mug enough buying now, will take one hell of a hit when VAL issue the proposed resolution notices for the discounted placing and the EGM date for a fact. I still stand by a 3p or 4p raise at BEST. We will find out very shortly as time running out hence the full on ramping to desperately maintain this hype bubble before it bursts.

Good luck with that.... PEDUAM KAFER SOTH

Pork's

Oh sorry PEDUAM KAFER SOTH is a top secret anagram of MADEUP FAKER TOSH

@PatientInvestor

The Warrants add to dilution and will be cashed if they can be immediately sold at a profit. Not good for sharehokders as it actually limits your upside but you don't want to talk about that !

Not long to wait now until the placing event, there is an end to this nonsense

See you at 3p shortly