Member Info for Porky9

@lemonstoRiches AKA @pm2022

Give it a rest.....

Q: Whats Lucrative?

A: 1. Being paid bundles of cash and benefits on the VAL payroll part time WFH whilst doing two or three other paid jobs. That's what I call Lucrative. Very nice earner.

A: 2. Being the placing broker, taking a very nice fee thank you very much for facilitating continual discounted placing as stock is sold into the current share price ahead of the next batch of shares issued. Again, also very lucrative.

See, it is lucrative......

Well you can grab as many as you want shortly. I'm betting on £1.250m raise at .20 followed by another 125:1 consolidation event shortly after to bring share numbers back down to a more manageable level.

Less than 8 weeks to go, tick, tock

When i read PPs post 22.26 I didn't bother to comment, I just thought what an absolute load of baloney but clearly he felt he needed to post the BS to kick start the ramping ahead of the placing.

1. Only a total fool would be buying in at .60 with a placing about to drop most likely .20/.25

2. Bit of a difference buying shares in your own company when you are paid well in excess of the investment in pay and perks

3. The business model has not been proven in 15 years, further it has delivered zero revenue in all that time and incapable if doing so.

4. It continues to pay ridiculous admin costs for staff with multiple jobs and I still question where the focus IS. How in God's name does a company keep a BDM on that hasn't sold a dam thing ever in years - what is that about?

At the end of the day, good luck to ME, in reality he can continue to keep the gravy train going, deliver ZERO because put simply the cash keeps rolling in and it will again, only a few weeks to go.

Its the same old game played out time and time and time again, just shocking really but the ramping will continue here, people will be suckered in, placing shares sold into the stock, another consolidation event and so it continues.

Clearly, you can fool some of the people some of the time - it works

Well if you are that keen to chuck more money after bad, seriously support the discounted placing because sure as light is day ME will be after another £1.5m to fund lifestyles and you dont have long to wait.

But frankly, I dont think investors do want more of the same, they have seen it. The cheerleaders here are either underwater and looking for a desperate spike to get the hell out or connectedcand get their pay off in otherwise don't you think @pm2022?

Who's fooling who here...

What percentage of new drugs fail?

Despite more than $130 billion in collective spending on pharmaceutical R&D, more than 90% of all new drugs fail during clinical trials. This means that for approximately every 5000 – 10 000 drug compounds, about one achieves US Food and Drug Administration (FDA) approval.

What is the success rate from research to market?

The drug research and development process include creating a drug, conducting preclinical and clinical studies, and receiving marketing approval after its regulatory review. This process is associated with an extremely low success rate, ~ 1 in 20,000–30,000.

CLX001 is not even close to being staged in preclinical trials , probably three or four more funding cycles away IMO and then any deal can only really be milestone led due to the vast costs to fund phase 1 human trials. This is why Big biotechs are incredidbly selective with an extensive DD process and only run with a very small number.

Varying Percentages:

The proportion of upfront payments within the total deal value can vary considerably. It may be influenced by factors like the specific drug, the stage of development, and the negotiating power of the parties involved.

Recent Trends:

A recent report indicates that upfront payments as a percentage of overall deal value have been declining. For example, in the first half of 2024, upfront payments accounted for only 6%.

It is more likely in 94% of cases that even if sucessful a deal would NOT include any upfront payment. Sorry @PM2022 but the VAL business here over the last 15 years has not proven that the business model actually works. The chances of a big chunk of cash landing short term to stave off the placing i would say is absolute ZERO chance. Hence why you are in full pump mode.

Shame really that the cheerleaders feel the need to remove discussion threads that don't fit the pro ramping agenda - what are you frightened of exactly?

This should be a discussion forum good and bad not a pro ramping echo chamber.

I actually dont think there is anyone left now who doesnt see this for what it is.

So the recent investor event was NOT to set the stage for yet ANOTHER discounted fund raise. Who are you kidding!

Simple maths: Cash at bank Dec 24 minus circa £170k cash burn pcm = Out of cash Sept 25.

The admin costs here remain obscene - No cash to land other than placing money. No revenues in 15 years , spend, raise, spend, raise, consolidate and cycle continues and well you know it.

ROFLOL at your quote:-

"Should hopefully double from here when the news sinks in"

No Stephen, the SP will more than half anytime soon once the discounted placing stock is issued - ME has a few weeks left now IMO to pull off another miracle and find suckers to chuck more cash at this to maintain lifestyles before the cash runs out in September.

I repeat there is no actual.cash that can land here to keep the lights on other than from placing money its that simple

@pm2022

No - you have been ramping this constantly for years telling everyone loads of cash, no raises then whack, SH get shafted, dust settles and back to it you go again till the next raise, on and on and on the game goes - i dont believe it bothers you because I suspect you work there or get some payoff for doing so.

@Stephen

So you think an IOU with a start up that has no cash a great commercial deal? How exactly does that pay the bloated admin payroll costs and the golf trips to the USA? Its just desperation.

I say again, there is ZERO chance of a sizable chunk of cash landing that would prevent the dilutive raise happening - there is nothing here only jam tomorrow that never materialises - show me an RNS that says we just licensed x for £20m and an initial £4m has been paid so no raise required - not going to happen is it and well you know it

Sorry but the raise will already be in motion. Already pumping it on fluff news ready to sell into it. Placing Sept or earlier bolted on.

For what its worth i agree Mark is a decent enough guy however he has inherited an impossible situation and does not have the experience to turn it around imo. Those on the BOD that had solid commercial acumen have gone. Evaluations completly neglected under suzy's watch whilst she played Labs and squandered cash on imogens bio bank which sorry but no market for it. Proven by the fact that they have received zero lab income in all that time. Technology has advanced massively in that time. 15 year old peptides don't cut it.

To rebuild the pipeline will take years and numerous more raises. The business model does NOT work and to maintain lifestyles all they do is keep pushing fluff news based on jam tomorrow whilst fleecing new investors to support it.

Imo - costs have not been adressed anywhere near enough they are still living champagne lifestyles all funded by shareholders.

As far as I'm concerned there is nothing here worth investing in and if today's fluff news that a contract could deliver millions if a small private business can raise millions to pay it excites then you really need your head examining - this is THX mark two .

All that will happen now is the fund raises then business as usual, spend, raise, spend, raise, 125:1 consolidation event then repeat cycle

@PM2022

Shame on you. Shame on you. I really suggest this weekend you have a real hard think and look in the mirror. Do you want to be that man? Good grief have you no moral compass? There are genuine good people that have trusted their hard earned cash on this for it to be sqandered on lifestyles, obscene admin costs and jollys abroad. But yet again you are here again doing it again, same game. Enough is enough. Think about it.

@Lemonstorichies

1. Your cash at bank figure was Dec 24 - we are now June 25 and cash burn north of £170k a month. Lights out Sept 25 without another chunk of SH cash hence investor presentations. Lifestyle business.

2. Ambrose will need cash to keep own lights on and certainly zero chance of cash from them before funds run out here.

3. Organised ramp here today with clear objective to sucker newbies in ahead of placing. Only problem is this time I think with so many people being rinsed so many previous times I'm really not sure anyone will fall for it now - appreciate some will be stupid enough to fall for it but not enough of them.

1.Disgusting that ramping crew fully out to pump the SP to sell into for placing - outrageous and the FCA should call tine on this practice - utter utter disgrace shame on you.

2. If they have enough cash to pay Sept pay roll they will be lucky. Placing required imo before end of Sept as no other method of cash landing other than from placing.

3. How many times.. utter utter disgrace

You keep buying newbie ramper, help others out, go for it.

Some of us are longer in the tooth to fall for this BS - seen it, worn the T-Shirt so many times its tatty and torn.

Will take more than the ramping club this time, placing .15-.20 selling into this spike, watch this space....

Absolute gift to get out before window closes and placing stock sold into it.

Total meaningless deal, reads great but the rub..... "Payment of milestones in cash is subject to Ambrose raising capital in due course" and there it is.

Not happening and certainly not before the placing required even if stretched out to September so look forward to the hat being passed around... we need another £1.5m to maintain lifestyles but we have this deal.... subject to raising capital.... same old same old

Discounted placing shortly will more than half the share price. I estimate .15 - .20 at best, absolutely nothing here.

As for costs cutting, no need. i say give everyone a pay rise and some nice bonuses. Chuck in a few paid for trips abroad to help improve golf handicap would be nice too. Why not? Its free placing money and it keeps rolling in, 17 placings and counting what's another one between friends, and another, and another and another......

Hahahaha haha - wetting myself laughing... you have to be kidding....

Out of cash in September, end of.... you prove to me where cash is going to drop here that is NOT from investors digging deep again???? He has about 12 weeks tops to put his best foot forward, doing some smooth talking presentations to try and hook more suckers to chuck yet more cash at this to maintain those lifestyles.

Like i say -- How many times now, come on...... are people really this stupid?????

@Grainger

Indeed - because ideally what they want is a little spike on top to sell into, so expect some fluff news soon. If the next £1.5m to squander is penciled in at say .15 raise thats an obscene amount of new shares that will dilute this to death but to get it away, anthing between the placing price and the shareprice is pure profit after the broker fees. Nice work if you can get it.

Problem with this is - its the poor sods, the LTH that pay for it. The only winners of this game are the brokers, the BOD to maintain lifestyles and afew lucky gamblers managing to get in and out quick during the process.

The only time you hear from the BOD is when its time for another hand out.... and the game is already in play....

Sorry - have to call the ramping out for what it is.

Undervalued my ar'e - presentation shortly to try and sucker some more new money in for the next discounted placing. Deja Vu - seen, it worn the T-Shirt which is now tired and tatty. Is there anyone that reads this forum that hasnt seen this game played?

Good grief, How many times, come on... where is the FCA when you need them... what is now 17+ raises, three 125:1 consolidation events, spunked the last £ 3.2m up the wall on lifestyles yet the money keeps on comming.... the last two raises were two too many more imo, absolutely no end to it.