Member Info for Porky9

@PM2022
That's a bit harsh,
Look, as you know I'm not great fan of the Stateside SPV concept, not sure if that was dreamt up by Kevin as a way to take some personal value of 201 or if it really was the only way to advance this legacy product. I just don't know. I really want to see the make up structure of this company and how much exactly they are raising and how.

The fact that all details are in total black out also doesn't help us either. I would rather the deal be done with a small bio that has the funds even if it was a reduced offer with less payment at milestones but at least some assurance there wont be further issues down the road.

However, these are the cards currently dealt BUT they have a golden opportunity tomorrow to come clean and provide the clarity we all desperately want to see regarding 201. Anything less the market wont buy it. So lets see what they have to say. Benefit of the doubt and all that.

One thing we do know is that they have spent months on DD positioning this, a heck of a lot of work has gone in so it needs to pay off. I hope the deal can get over the line now so we can move on. If this is extended by say another three months uncertainty will remain but SH will adjust to it but we need to avoid anything longer than that really IMO.

You cant have a never ending situation, if they pay over the monthly service support fees that will also help and i would support it taking longer if it had to as long as the fees were being paid as it increases risk on their side rather than ours.

They walk away now and it costs them nothing meanwhile we lose 10k every month since November in lost revenue and we need every penny we can get at the moment. VAL are not a charity.

Lets see what she says tomorrow.

@PM2022
I totally get you. it would be nice if events had gone better but market conditions have been shocking

If she can get a handle on delivering an update section with quarterly reporting time lines, a page on the website details what we expect and when going forwards and have members of her team active and sticking to time lines the outlook will be significantly better

You cant change the past, you can only learn from it and make the changes. Lets see what she has to say tomorrow. There is a lot of good here, lets not lose total sight of that....

@PhilGekko
I feel 100% exactly the same.
At the end of the day it doesn't matter how much research you do, if stuff is hidden behind the scenes what chance do you have. He specifically said in an interview he was renegotiating terms with OF little did we know he was actually in breach of the current terms and at that point they would have been notified. I would say that should class as a declarable event. Anyhow, we are where we are.
Situation looks bleak, i only hope that a deal with a Bio to take over the business and merge into an R&D division can happen and we as shareholders see at least some return of investment.
My loss here is currently about 160k and unfortunately half of that is in sodding ISA funds which means i can only offset half at best against capital gains.
Anyhow, see what happens from here.... miracles can happen....i live in hope
GLA

This post is specifically for @Iceman888, you asked for one thing hope this post helps.

Firstly, no doubt Suzy is feeling like a one-legged woman in an ars@ kicking contest, the abuse frankly has been unreal and shame on those involved but some are looking for a blame game and I guess the buck stops with her.

It is not an easy job being CEO, it’s a thankless task at times. We also really need to appreciate how dire the markets have been during here tenure, we have covid, a war, a collapse of the Bio Index, falling markets and recently stocks in the sector either crashing like SNG or AVCT or collapsing like the recent debacle over at 4D. So, it’s not been great conditions has it…

Despite this Specifically relating to Suzy here are some highlights: -
*Cleared up the mess created by the last lot. Including changing contract terms on pipeline drugs so they can be positioned.
*Brought all costs under control. They now run a tight ship. A bootstrap business that makes a pound go a long way. This is a radical change.
*Changed the direction of the business, they now have specific focus in Women’s Oncology rather than a scatter gun approach.
*Additions to the pipeline including: -
Evaluation Agreement Uni Barcelona (Spain) - Treatment of KRAS
Evaluation Agreement Uni Hokkaido (Japan) - Endometrial, Pancreatic and Bile Duct Cancers
Evaluation Agreement Uni (London) - Triple Negative Breast Cancer
Negotiated New and Extended Collaboration Agreement with Physiomics plc
*Further looking for revenue generation outside of licensing. Acquisition and Creation of a lab will support that.
*Working to complete deals or close off the legacy drugs. 201 oks not the deal we wanted but maybe it was the only way that it could be dealt with.
*Significant DD work on 201 to help position it, this is a MAJOR job, don't underestimate how challenging this is, not least updating patents, re-negotiated and re-stated the CRT licence for 201 ostensibly to allow the TheoremRx deal go ahead and 201 being "Investment ready", and by splitting out the oncology and non-oncology licenses, but also updating the terms throughout.
*Radical overhaul of IR. A fantastic open channel of communication with shareholders possibly one of the best on the AIM index. I think everyone agrees how much better this is.
*Massive improvement in Trust, We trust her, she cares and is passionate about this business being a success - this also counts for a lot. Its not longer a business to feed fat cats, she has changed it.

But its bigger than this, a complete change of direction and change of attitude in the business top down and she has only been in situ 24 mths in the role. Not long.

We have all identified she needs support, I’m not advocating she is perfect, but we have the making of something great here, a few additions get the current situation under control and drive it forwards from here. I have every confidence she can do it and the SP will ultimately bounce back.

GLA

@OB
Sorry, I didn’t reply earlier, lost your message in the barrage of abuse posts, LOL

No, I can’t get down to London tomorrow. In fact, due to other meetings not even sure I can catch the live presentation yet BUT it is being recorded and the recording available shortly after and I will be watching it. I want to hear what she has to say including the Lab ambitions.

Have a fun day. GL

@TDK
I totally hear you

Look, I give you this commitment, I need to evaluate all current matters here including any possible placings or terms for the lab etc. When I take an increased position which won’t be now, likely 3rd Q but I will let everyone know here when I do and will work to promote it. I will stick by it for a least 2 years. OK.

But the actions of one are not enough, we need some II Involvement here or at least some family offices and more HMW Investment. I think it will happen into 2023 as markets stabilise, I will certainly try and reach out to Investors.

GL

Porks'

IMO The Fat Frog AKA George continues to post here to create FUD. This has been going on prior to me even starting to post on this thread.

There was reference a couple of days back about comments George had made on linked-in to rubbish 201 to the effect that the license from CRT expires end of this year and that it might not be extended because the early terminated trial and inclusive data other than safety wouldn’t be sufficient to facilitate its extension.

I now understand this to be utter BS. If you look at the updates last December Valirx confirmed that they had re-negotiated and re-stated the CRT licence for 201 ostensibly to allow the TheoremRx deal go ahead, by splitting out the oncology and non-oncology licenses, but also updating the terms throughout.

So the license that George knew is actually ancient history!

In fact this is one of a number of changes that the new management made over the period that needed doing and clearing out when George was removed.

No doubt the company will directly address at the AGM all about the license changes and the DD they have been completing anyhow when they detail the 201 situation but I have to say yes, I stand accused of effectively being a rampy pig out for own gain but I don’t spread miss information of facts, I look into things and I get lots of DMs and share what I find out. In this case there was clear intent to mislead.

Clearly the old guard that post on these threads are out specifically to cause trouble, spread FUD and make comments such as the above to put investors off which your average PI are not sufficiently researched to counter the argument. This sort of thing does pee me off.

IMO this is why we should be discussing and exploring specific aspects of the business NOT individuals or trying to start witch hunts. The old adage of Doing Your Own Research has never been truer.

Facts Not Fiction. There have been some complaints about Suzy but frankly, she is ten times the CEO of the last one IMO...Goodbye Fat Frog he went two years ago, time to all move forwards

GLA for Thursday, I remain confident it will be a positive and Informative AGM

Porks'

Ok, Ok, Can we have some more Pork jokes please.. at least its a distraction... i don't feel like i have enough abuse here today :)

Meanwhile, to be fair @hoosierdaddy your Batman joke was quite funny...

Look if the SP was £1.60 and not 16p attitudes here would be far more positive, it will happen...

GLA

@DKN
And no I'm not "Banging" Claire from LSE, don't be so ridiculous.
I am happily married 54yr old guy
And to think that post got 6 recs... what is it with some of you....

So some here would clearly rather discuss individuals than the business, ridiculous. Do some of you just want to dwell in a sea of negativity?

It is what the business does from here that counts. NOTHING ELSE.

@Webbo502
You were a negative posting individual even back then. You might not agree with my sell of a block of my shares on the THx news BUT you could equally argue that my call was right. It wasn't the news i was expecting nor many others. Anyhow the SP was still 42-44p AFTER but its slid down further since.

And since telling us they were going to support a stateside SPV start up we have had nothing but disappointment ever after and it all boils back to doing a deal with a skint partner and making that decision. The constant delays have eroded the SP and caused confidence issues as i see it.

Now it might be it was the only deal they could do. Currently, i am on the page where that might be the likely situation and we are playing the cards dealt from here. They have other pipeline products other than 201 and can build from here.

I look forward to the AGM, i hope the board can provide the clarity required and restore confidence. I believe they can.

GLA whatever your call

@Sang
I have asked LSE to ban your account. You should hear from them shortly.
You are a Troll and need stopping
You are distracting from serious discussion about the stock

@Paperprofits
I am NOT the poster Tauton Boy. He might be pro the stock in the same way i was but its not me.

Jesus, what is wrong with some people. I remember posting here first in a positive way and i recall a number thought i was saint tropy or something. I was assumed as DHP or something on NCYT board. bloody ridiculous,

This is a forum to discuss stocks not individuals

@rb
Why does it matter what time i might post at - what difference does it make??

1. I am not in the UK all year round, i like to travel, so sometimes post in different time zone.
2. When in the UK i tend to sleep at odd hours I'm often up early hours and post where i have free time.
3. I don't post on all stocks i own, would rather not due to trolls like the idiot earlier

Why should anyone give a fig what time i post at..

@Sangijulas1
I have reported you for your libellous comments, what you post is a total total lie.
Disgusting, who the hell do you think you are,
24/7 troll
I await feedback from LSE you need to be stopped.

And chasing me on other boards and posting this, you are disgusting scum bag of a troll

@Sangijulas1
I have reported you for your libellous comments, what you post is a total total lie.
Disgusting, who the hell do you think you are,
24/7 troll
I await feedback from LSE you need to be stopped.

@DKN
Honestly, really, you might not like my posting style of positivity but this is a forum to discuss the stock. Not individuals

@Sang
You are spouting complete conspiracy theory rhetoric nonsense. The poster Taunton Boy was nothing to do with me. Don't know who it was, clearly also bullish on the stock but other than that not me. If i had a pound for every board i post on where they think i'm someone else i wouldn't bother investing. Speak directly to admin at LSE.

As for 4D Yes the situation is dire and we HOPE that a recovery can be made. IF they can sort a finance deal secured against the three Merck vaccine payments then its possible they could come out of administration. A placing could then be completed.

I would rather this business continue with a heavily discounted placing which was what was going to be the case before OF pulled out than it get broken up and sold off, or some dodgy pre-pack deal.

Obviously not great but does sound like they are trying to resolve it which is a small positive.
12m on debt i think could be funded and I think they could get a discounted placing away to shore up another 25m to trade forwards with if this was arranged.
£5-15m on vaccine sounds really good. That's the debt covered. You would think they could bridge that.
Major worry is if he does try to Pre-pack he says not, hope he sticks to his word.
We wait as wait does
GLA

@Viera
Not desperate
Not in any hurry for VAL to rally, its going to be volatile short term.
It's clear there will be a placing on Thursday or the day after IMO. My position there has not changed. I await to see how events unfold, what the details are, you know my feelings regarding THx but we are here now.
I intend to add later this year, I consider i will be able to add at discount, I consider the outlook will be stronger later in the year. As for this placing i believe it will still be at a much higher level than the last one you were involved in, we will know shortly.
I am more interested in understanding the plans going forward specifically the lab.
As for my silence, I don't make noise on all the stocks i own. FYI i also own some shares in some of your other plays albeit not larger chunks just yet.
GLA in your investment choices.

@valtree
You just love drama and posting to knock the business whenever you can.

If you can't make Thursday's AGM and have a question you want put forward on an anonymous basis and don't have time to contact Valirx for answers. I as still happy to add to the submission list being sent late tonight ie. being submitted after 10pm Tuesday 28th

Please reply to this thread

I have some additional questions messaged to me and an interesting one apparently from the old guard via ADVFN should be a comprehensive presentation on Thursday

GLA

@SouthernInvestor
Either bask in a sea of negativity with continued posts of same or do something about it, attend the AGM and ask your questions? If you, can’t I am happy to forward for you on an anonymous basis but 24/7 whinging won’t achieve anything.

You say you dread me upping my stake and continued posting as I have a transparent motive. So bloody what? Yes, my style is marmite to some but when I’m in full promotion mode my objective is to attract further support and get the SP rising. I champion what the business is doing. I make no apology for that.

What you forget is that when I first joined this forum last year it was populated by ex. George Morris contacts and was one of the most negative forums on LSE and the SP was going nowhere. Currently it’s returning to that dark place, and I notice some of the old guard returning to post to dwell in the SP being depressed and adding fuel to the fire at a time when the business has challenging obstacles to overcome at the backdrop of really tough market conditions.

I am having none of that, the issues have been fully explored here, we know the faults in the business and the challenges they face. Time to get behind them now. We put any concerns to them, get them ironed out and advance forwards.

Let’s see what they present on Thursday, it’s a fledgling biotech business on the junior market for Pete’s sake. Its going to have challenges and bumps in the road, its how they deal with them now that counts

GLA

Pork's

Come on guys..

Golden rule of SP improvement, get all your bad news out the way first, sort out any issues, set your stall out for the next period and then start delivering positive updates to build ongoing support , up she goes - simples.

No point in a positive triple update for example being issued with everything overhanging. the good news would be drowned by the white noise.