Member Info for Porky9

@PatientInvestor

Like I say, let’s see them pay for something first before fantasy ideas.

Frankly, I’m looking forward to both you and @PM2022 apologising to me when VAL call the AGM date and the placing news lands because that’s what will happen next. Due to the full on extent of ramping activity I actually now think 4p will be a struggle.

No way in a million years will that initial payment to sign off the LOI be paid by THX before the end of this year. No way. Placing first, that’s why you are ramping this to hell and back.i just feel sorry for anyone taken in by it and buying at these eye watering levels.

Not long now anyhow.

Let’s just see shall we. Discounted placing BEFORE anything else. Then you can all start crying in the forum over it and apologise for being so biased and outright rude to me.

As for THX investing in VAL, let’s see them raise some cash first after two years IF they can, before dreaming about what they can spend it on. Also, if it’s such a guarantee and “Bolted on” perhaps they can back VALs Placing???

They can’t even pay the 10k lab fees, they are a potless outfit and EDUA are about to discover same under DD, meanwhile here the rampers are all playing “what would you do with the money if you got it” - let’s see the Money first!

Good luck with that, only cash coming in here will be from shareholders yet again

Pat/JWallows

REALLY - Transfer the money to Valirx then big mouth if it’s all so ready to deploy. Frankly if I was EUDA doing DD I wouldn’t go near you due to the misinformation you are posting. Shame on you.

@Metom

Don’t draw me back in to reply:-

The business desperately now needs a placing as cash runway is out at the turn of the year. PROVEN - read the financial statements on the RNS feed. I have posted the links numerous times but ramping crew keep requesting removal of my posts.

The current hype bubble and constant ramping is designed to inflate the Share price to sucker inexperienced investors in so that a better discounted placing share price can be secured by Turner Pope. This objective has been achieved as the SP has risen from 5p to 10p.

I and others are 100% confident placing first BEFORE anything else and merely pointing this out before the posts are removed.

If the placing gets supported 20m at 4p to raise £800k to bridge the time line VAL will have done well but meanwhile anyone suckered in at these eye watering highs will take an immediate hit when the EGM notice and resolutions published anytime soon.

@Metom have you not considered that actually I’m reminding those coming here to evaluate the situation properly so they don’t take a massive financial hit? I have seen some investors in other shares where this happens absolutely suicidal - I’m not standing by after more than 30yrs in these markets having seen it all before to ignore that. I’m not buying any of this hype BS. I can tell you now @Metom I have no hidden agenda, it’s that simple. I just can’t sit idle by whilst specifically newbies that might not be able to afford losing money get suckered in.

I need to see FACTS not tweets, whispers, forum posts and other such BS. Official proven FACTS. You won’t get any of that because you are being sold the Emperors New Clothes !

Further if the THX money to VAL is as bolted on as all those rampers keep telling us it is why shout about it? The money will land in VALs account and prevent the placing surely so what’s the problem exactly?

Truth is IF THX had cash ready to deploy from a 60m+ Or what ever final figure placing it was VAL would already have the £1.3m odd in the bank to avoid the placing. Show me the money and I will shut up.

Watch this space, not long to wait, VAL have to give 14 days notice

Then posters should stop calling me back to comment.

This should be a discussion forum not some cult echo chamber.

At least at weekends a debate can be had without removal of posts that don’t fit the ramping agenda, one positive I guess.

@Paternostpauper

Thank you for your wonderful rosey description of how great this lifestyle and lab start up business is plus your insults aimed to discredit me and my analysis.

May I remind you that despite your amazing comments, this business has delivered zero revenue in the best part of 15years excepting a 3mth lab contract.

Further, it has had 15 raises and three 125:1 share consolidations, 5 raises under Suzy and placing 6 due any moment. It’s handling of 201 has been nothing short of a shambles, it’s cash burn has practically doubled again back to where they were pre crash whilst the BOD have enjoyed bonuses and salary increases (Suzy’s salary went from £80k to £160k over the last three years) despite that greed at share holders expense the BOD refuse to buy shares in the business and have next to no skin in the game, excuses for not buying include “Suzy has own family to think of” and Stella’s classic “Gerald Ratner” moment when she declared “Stock not stable enough to invest” it hadn’t the maturity yet. Free shares given to CENKOS, wasting money on a promotions company appointed, an FD that resided over both the first crash and the second emergency placing and still here, lack of progress on 301, lack of any meaningful progress frankly but above all the big elephant in the room is that the CASH RUNWAY RUNS OUT AT THE TURN OF THE YEAR and they have no alternative but to call on Shareholders yet again to dig deep to keep them solvent.

So before you berate me for not sharing your continued excitement just remember this, Adam needs to take note ;) A poor Director does NOT wake up one morning and suddenly become a good one. Ultimately, this board needs a clear out, reduction in cash burn to a more manageable level and directional change for this business to have any hope of future success IMO but good luck to you if you want to still vote to maintain the status quo.

Just awaiting the EGM and placing details now not long to wait

Yours Proff Porky

Sorry broken my promise not to post can’t let that post remain without comment, it’s blatant market abuse IMO:

The reply was after I called Pat out over his tweets and forum posts and suggested this was market abuse that should be reported to the FCA. If they were sitting on cash to deploy they should send it to VAL or at least confirm what they raised and the exact date the money will arrive in VALs account to avoid an essential placing.

Post by @Borciac6 made a similar type comment regarding the alleged capital:-

Pat/Jwallows did you ask Valirx to merge & get listed in US as well? if the funds there, why punishing Valirx then, pay them first.

Other similar points the ramping crew got deleted

Frankly, I find it highly unprofessional to post such comments on forums and twitter. If I was EDUA doing the DD on this merger I my be questioning my bedfellows if this is the sort of comments being posted by Pat.

It’s clearly a blatant lie. They might think they can go on and raise cash on the NASDAQ with a shell and that would have to go though due process and take time but They are NOT sitting on massive sums of cash already. If they were the money would have been in VALs bank account two weeks ago when this this hype/ramp share price bubble started at 5p

So then I consider why this ramp started? As pointed out by poster @Share4 if it’s so bolted on and not one big giant ramp “Don’t request removal of posts that don’t agree, they are helping you to buy more to get richer” and “haven’t you got shopping to get for your island”

My view stands, the desperate need to put out tweets, forum posts, anything in non official forms is simply designed to create ramp, hype, pump and noise to sucker in buyers at this high hype level so they can get Turner Pope to secure the discounted placing at a better price. I stand by 4p 20m to raise £800k however, I’m actually now doubting it will be as high as 4p because I think any serious investor will question if it will be wasted cash, would the THX money follow, can they raise it to pay VAL? If they still can’t VAL would need to raise even more cash on top Q2 2024.

Transfer the money to VAL to meet the obligations and I will shut up. Meanwhile this constant ongoing BS is an utter disgrace, HNW investors that will be called on shortly imo by Turner Pope to support VALs placing will see through this hype, I think it could really damage VALs credibility the longer they leave it before putting out the official EGM notice, which has to have 14 days notice anyhow.

Sorry no further comment, leave you rampers to it but I’m not standing by for some poor unsuspecting early stage investors to buy here at 9.7p when I feel 100% confident the placing will hit this and smash this down by at least 50% if not more due to the challenging stock market raising conditions.

@JWallows

Pat, please stop baiting the board with misinformation and tweets. If you are professional you don't need to do that. Further if you were UK and not stateside you would be in breach of FCA regulations. I'm tempted to report it all the same if you continue with this folly.

You don't release funds on a merger, that's to incorrectly imply you are sitting on 60m+ or whatever of cash ready to deploy. You are NOT, it you had the cash ready to deploy the £1.3m or whatever the dollar conversion works out at would have sent it already to VAL to avoid them having to conclude a discounted placing.

If you are sitting on £60m+ whatever of cash as you imply and not told VAL yet of this result, now would be a good time to send them the confirmation of the exact date the funds will land in their account.

@PM2022 - my last post agreed

It’s actually got silly in here because put frankly there is no open debate

Anyone that won’t ramp or support ramping is a target. It’s not just my posts that @PM2022 and @PatientInvestor request removal of its any not in support of ramping.

Suzy is running a business, she will have no alternative but to place now and will need to schedule the EGM to support. I suggest if you claim to be behind the business you get behind the placing and stop complaining that there should be no placing. The timelines don’t support any alternative.

I will leave you rampers to it, you have your pure echo chamber over at telegram why you want to turn an open forum into the same is beyond me.

If you tone down the constant ramping, I will not feel the need to post the contra argument. So if @PM2022 and @Patientinvestor shut up I will do the same. I will bow out for now but the moment the ramping gets off the scale again, I will be back with the contra view.

Sooner Suzy confirms the placing position the better now, then it can move forward, likewise this debate.

Good luck

You get help, you cheeky so and so

Just because I’m not ramping, my evaluation notes are not valid?

This forum is like a cult

Only issue you have is that Suzy has to give 14 days notice of the EGM with the resolutions so the SP will go close to the placing price the moment that happens.

Time for you to top up again today @PatientInvestor at these highs, after all it’s an every day event.

@IM

Yes, because he is part of the ramping club and even he has taken profits at these highs knowing the placing will land first at discount and he now knows it - other swill catch on

@Seancadman

I can see why you think that but its not the case.

I don't like seeing potential investors being duped by @PatientInvestor and @PM2022 and their other alias. its plain wrong.

To keep removing genuine on point material because it doesn't meet the ramping hype bubble agenda is a disgrace. These forums are to evaluate not just a act as an echo chamber. Hopefully investors are not that stupid and see through them

Why do you feel the need to cut and paste my posts from pre 2021? are you now incapable of writing your own posts? Or are you just board of cut and pasting your own content.

The business is now a totally different to what it was back then, you really can be odd.

@RayPointer

Indeed a total travesty, most small bio in the same boat

But here on top of that, the BOD have made so many blunders along the way it’s unbelievable and for me this board has been complicit in poor decisions which has resulted in so much wasted money. SH hard earned invested money not valued.

I feel it’s actually now reduced to a lab start up business and become a lifestyle business - for that reason I still consider it univestable until changes made.

I mention the figures and the time because it will be a VERY long time before VAL see any actual cash. But take each stage at a time.

First stage THX need to complete this merger and then as new entity go on a try and raise funding at a significant level. Jury out if they can do it.

VAL have no choice but to do discounted placing for now to act as a bridge until THX pay them next year IF successful - 20m at 4p £800k might just do it? That’s my call as you know.

Placing first ThX cash second/ if at all

IF THX as merge still can’t raise by end of H1 I suspect Suzy will be out at the AGM as they will need to raise yet more cash again and start again.

If raise by end of H1 secured by THX and 201 chosen for trials hopefully we can finally get it started by then at that point - fingers crossed.

See how it goes, short term expect significantly more dilution hence why BOD not buying. Good luck

My view is, if you believe that THX merger will go on to get funded Before end of H1 2024 I would buy into the placing, I certainly wouldn’t buy at this hype bubble. If Suzy can get the placing away at 4p seriously I would be impressed, it could be far lower. Markets still remain horrendous

Finally, I won’t be buying in the discounted placing because I’m not convinced THX even merged will come good and secure funding but you never know. Should there be a bod shake up and reduction in cash burn at some point, that possibly would attract my interest.

Good luck anyhow guys...

@Ratcliffewriter

As I understand it there wasn’t any peer review papers produced for 201 so this needs to be completed and of course full phase 2 trial as I would imagine the old data wasn’t sufficient now, it’s years out of date. There was clearly updated filings done on the IP so to actually do something with 201 now, IMO starting point would be getting a full phase 2 trial going.

@PatientInvestor

Look, let’s see us get £10k out of THX for a months lab fees first before start dreaming of what you could win, it’s all pie in the sky. If the new entity still can’t raise it’s going nowhere that’s the reality. We have already wasted over 2 years.

@PM2022

To suggest that raising the best part of 60m+ will be a quick thing, a couple signatures on a bit of paper and job done is at best VERY nieve. It will take months and no guarantees. Also investors need to back THX with 201. Let’s not forget 201 has been on the shelf for so long now it’s possible it’s been superseded by more advanced offerings we just don’t know and that could be why nobody would take it on and they selected THX in the first place. If THX are backing other drugs then we have to hope IF they do get funding next year 201 gets the cash to get the trials going.

Phase trials:

201 falls under oncology so look at the table here:-

https://www.sofpromed.com/how-much-does-a-clinical-trial-cost

So forget money to VAL, just on trial side for this one drug they need min 11m on phase 2 and 22m on stage 3 - the entire stages cost 78m if success at every stage along the way.

BUT don’t forget, if you see the notes at Sofpromed the phase 3 takes 66 months - 5.5yrs this is why if you go back to Suzy’s earlier slides she was referring to a total 12 yr plus cycle.

@PatientInvestor

You shouting that doesn’t change a blinding thing.

VAL can’t run a business and pay bills based on what might be? I don’t doubt there is a high chance THX will merge after all it’s two potless businesses so why not but that alone doesn’t resolve this problem does it.

The BIG elephant in the room is that with a merged entity there is still absolutely NO guarantees it can then go on to raise capital. But lets be positive and say, yes, yes, everyone wants to invest it will still take time with due diligence, new legal framework, to do this, you are talking months not weeks BUT that is IF at all. The jury is out if THX are capable due to the fact that they made numerous previous promises but never delivered on any of them.

So to clarify, if wind is in the right direction unfortunately it’s still too little too late because VAL need cash now not end of H1 2024 should THX be successful

As such Suzy has no option but to complete a placing now at discount to bridge it, and if THX still don’t deliver after that in H1 draw up plans for more placings and business trading from next years AGM.

What you fail to grasp here is that the current market cap has more than doubled on this hype bubble. You want it to balloon even higher on news of an unrelated party merging yet it still won’t have raised anything and VAL will still run out of cash.

If VAL don’t raise, they run of cash and it’s administration. They can’t risk that. Equally you can’t expect people to risk investing money knowing a discounted placing has to come.

You know the market, I don’t believe you are that dumb not to recognise that the timelines don’t make this possible. So it’s Placing first, THX deal second, if at all.

Good luck

@CB

Not to mention my Turner Pope update

They just don’t want to hear anything other than pure hype

FACTs - the whole situation is devoid of facts, just hype and pump to keep this inflated hype bubble still airborne. Two weeks later and still milking the same twitter BS posts.

@PatientInvestor, think you need to top up again today, you claim to top up every day this month, so I expect you to dig deep again today.

Let’s see what comes first, cash from THX or cash from Shareholders? Hmmm not difficult is it.

Just awaiting the placing details from Suzy and EGM date, need 14 days notice so not long to wait now...

Oh yeah, yeah, amazing incredible, best load up quick quick quick

Fill your boots time

This is incredible, outstanding, never seen anything so amazing in all my days

Jeeze talk about clinging to any old rock

Ken did F all to raise money in over two years to meet the obligations of the LOI despite being a director Of this finance business, heck couldn’t even pay £10k in lab fees.

They still have to try and raise money, even if they merge, no guarantees

Something coming alright, VALs discounted placing which is why the SP is being pumped

Still stand by 4p