Member Info for potnak

Yes, went back and read it properly. We've no idea how much those shares are worth until we know the company and how many shares they have in issue but like I said, it could be lucrative if the company sells up. I

Also, unless someone can find a corresponding news item in the US, I think this company is private as you can't just give away shares without notifying the market. Some of the shares could be issued within 12 months so, I think that is our timeline for the next bit of 737 news, also the reason why the trading is quiet. Good news but more waiting.

It's, practically the same deal, Silver. Good news as it a moving again but it won't set the world on fire. We'll get a small upfront but it doesn't solve our mid term finance issues so we are stuck with RF until an 1801 licence. The deal seems undervalued to me, probably with a small biotech. It's the 500k shares. Big pharma, don't give away that amount of shares. I think it's with a company like Sierra who will take the compound through p2 combo and then sell up. Do we get 27% of the 500k shares? Because that could be lucrative in the event if a buyout.

Haven't got an agenda. I'm buying because I hope 737 news will come before we start to run out of cash. You know what I find weird. Posters who research what other posters post. I mean, why would you waist your time? Is it to try and discredit.? Who cares what I think? You are just parroting (no pun intended) the the theory that posters with negative views have an agenda. If only it was that easy to steer the direction of travel.

Aye, Gus. We are all here to make money or at the very least, not lose money. Imagine a board where all views were given a chance to be aired. Take out the emotional attachment to company and it's easier to make a decision about whether to hold or sell. Said this before, Thoth saved me a big chunk of money once and he didn't even know. Id been watching IMM for a bit, they were due p3 news and the rampers were saying it woukd 10 bag, I actually think they believed that but that's by the by. Anyway, I was watching and reading the chat and maybe a, week before news dropped, Thoth turned up and started saying he thought they fd up the trial design and he couldn't see it progressing. As you can imagine, he got absolutely slated and it was a big pile on from the IMM LTH. I didn't buy in and news dropped, it was bad, 90% wiped of the SP overnight. I followed the chat after the news too. So I had a before and after view of the debacle. It was at that point where I saw the similarities with IMM and Sareum. The way the so called LTH tried to police the posts so that only positive posts were given and heard. Trouble is apart from the shorters, everyone lost. I looked at every one of my holdings a different way after that.

Worse than that, Blue. They were being ridiculed when suggesting the sp would fall below 6p (£3) then 3p (£1.50). When you look back with hindsight, the "Wombles" were the good guys who got the SP prediction calls right. For the record, I feel positive about my investment here but there is nothing more triggering than when a so called LTH tries to silence any poster who questions the positive narrative. Thinking of Puma here, when they said to check other stock where RF had been involved. I did and was initially in denial but as it turned out, they were correct. Big lesson learned for me. To end on a positive, early pay this week so I will buy more.

I'd agree with that but with RF hanging around. It's in their interest to keep the SP lower that the original offer. They keep getting shares until they have their £2.6 million back. The only thing that could work in theirs and our favour is, if the SP jumps significantly but we are talking 100% to here type jumps. 737 news could do it

They have more or less stated that no licence or indeed a buyout will happen until p1b data is back. So I'm not sure if moving Tim sideways will do anything for us. The science is essentially done. It's too late in the day to make any big chsnges. If 1b data is good, we'll get a licence, if not, we are screwed. Tim and Stephen p need to focus their time on securing the mid term funding needed so we aren't reduced to looking down the back of the sofa this time next year.

I'm still if the opinion that the board are hoping 737 will rescue us before the cash runs out. The RNS, for was expected as us the drop and the next tranche of drawdown due in Feb 24. We know its going to happen and we need the cash. So we all should be prepared to watch the SP keep falling until tangible news. I'm OK with all that, I have made my peace with it but at times, this LSE board is it's own worst enemy. Loads of posters thinking something different is going to happen contrary to what we have been told via RNS. If 1a data is good, they need to shout it from the rooftops and as we won't get 1b data until 2025.

I don't think we have a bad board, I just think they have been a little naive and failed to plan and have contingency in place. The blame can't all be pointed at MHRA. We were already behind schedule at the start of the pandemic. I appreciate they can't give a running commentary but we just need focus now. We haven't had the AGM results RNS yet. I wonder if it's the done thing to address sentiment in that RNS. We should get it today.

Been stuck in a meeting so missed the online session. Sounds like, it isn't worth watching.

Ha ha, Baton. It's all good, I mean, I'm OK with the RNS, it's as I expected. And if RF are selling, I expected that as well, said it last week. Let the sp drop and I'll buy some more and I'll keep buying until some sort of news. And in true Potnak style, even though I'll buy more, that doesn't mean I am happy with how the board have managed this company over the last 5 years.

Not p2, I meant p1b. Not even put my coffee on yet!

It's the same message just different words, Warty. I presume 1a data readout is still H124 and if P2 completes in 24 then the data readout for 1b will be H1 25. We did know this but I think some here choose to believe something else.

Thanks, HBD. The trick to getting meaningful answers is to ask questions where the answer isn't price sensitive. No point asking when we will get a deal or anything like that. They will just give stock answers. If I have a customer system down and I'm talking to the data centre guys. I don't ask "when will it be fixed?" I'll get the stock answer. I usually ask, "what are you going to do, if the system is still down tomorrow?" to answer that question, they have to be confident in the answer they give. It's about accountability. IMO, Parker is accountable for delivery of shareholder value. Personally, I think they should know the answer to your question.

NDA are just a tool to stop either party from disclosing information, not always to protect negotiations. I would imagine Sareum will have been under several NDA over the years. Sareum are also bound by AIM rules on insider dealing etc. Any official offers have to be reported to the market so we know, for sure that no official offers have ever been made or we know, about them. I'm with SOG here, there will be no deals made until 1b data is available. That's not to say that the prospective partners won't get an early view of that data before it is read out and the market informed. We'll have to wait and see but as it stands only 737 news would get us properly moving. If the 737 upfront is enough to pay for 1801 phase 2 then buyout anytime upto a licenced deal is inked.

Personally, I hope they have been selling. The quicker they are rid of them the better. The SP is hamstrung with that many shares available. It will kill any sp breakouts.

I'm not expecting any news before AGM and if it does come it will be news to Tim and the board too. They might have done those same calculations, HBD and maybe even come to the same conclusion but IMO, The AGM will be the same as all AGM. A recap, some resolutions voted for and passed and a bit of forward looking sentiment from the board. I think RF will start selling again after the AGM so we could see the sp drop in the run up to Christmas.

Not really, had quite a good week. Some good opportunities closed and some healthy commission coming my way. Might even buy sareum shares with it. Time for a beer.

Carter, I have bought an extra 5000 shares since the RF facility was announced. Doesn't mean I'm happy about the precarious position we are in. It's a short term gamble and I will keep buying until the next spike then sell them but leave my 50k main holding running.

Enjoy the gym.

Yes, fanti no value in 737 is attributed the the current SP IMO, which is good news as there would be a nice spike on good news, however, if we got bad news or even a delay. The mm's woukd slaughter us. Worse still, there is nothing we can do about it. It's all in the hands of CPF.