Member Info for PrivateRyan

He didn’t do enough research !

Ps and he thinks ****ty little aim shares follow the general market. What tosh !

PC01 totally agree with you. I took peoplepower off filter yesterday and was instantly reminded why I had put him on filter. A windbag who thinks he knows it all and yet has not one original thought. Back on filter

Soyo we share the same outlook . And thanks for the support earlier. I may be wrong on future prospects -I was before! - but I do not like to see outright misconceptions about eg tax losses being promulgated and cannot stand by without commenting. It’s my nature ... and then to see the Uber rampers misleading people really gets my goat. .

Various i is put money into motif. Sometimes they make mistakes

Hoopster the penny is dropping. What is iclaprim worth? Sadly nobody wanted to buy it when we shareholders wanted to sell it despite a comprehensive outreach . An rto is worth maybe 500 k in savings of money and time to eg lamellar . All the rest is b s If there is to be some form of development of the lung treatment that will need to be funded. That will be massive dilution. Current shareholders will not benefit much I am afraid . Don’t believe the tales of 20 p or 40 p. It’s all fantasy to lure in newbies by those with no conscience .

Nice to see ivy back. It harkens back to those fond days when we were all full of hope for a new antibiotic and financial success cheers ivy..

Hercules lent money to the us motif bio inc to develop the drug and took securitt over iclaprim The losses will be primarily in that us company and under UK tax laws will NoT be available for offset against future uk profits in ANY entity. Please can we put that myth to bed
Current shareholders of Mtfb are offering a cheap listing facility and a drug that nobody wanted to buy for the last six months It is the same a if we had tried to raise capital to develop habp. Ie massive dilution for existing shareholders who lose out. The new company will have to raise capital and develop. Existing shareholders may have a minuscule share of that

A reverse takeover or reverse merger takeover (reverse IPO) is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public.[1] The transaction typically requires reorganization of capitalization of the acquiring company.[2] Sometimes, conversely, the private company is bought by the public listed company through an asset swap and share issue.[3]

Process Edit

In a reverse takeover, shareholders of the private company purchase control of the public shell company and then merge it with the private company. The publicly traded corporation is called a "shell" since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks.

The transaction involves the private and shell company exchanging information on each other, negotiating the merger terms, and signing a ************** agreement. At the closing, the shell company issues a substantial majority of its shares and board control to the shareholders of the private company. The private company's shareholders pay for the shell company by contributing their shares in the private company to the shell company that they now control. This ************** and change of control completes the reverse takeover, transforming the formerly privately held company into a publicly held company

I’m recently retired too. Tax In a bank ! Glad to be out of it. Hope young Tom succeeds. It’s a hobby for me but could be transformational for people .. good luck

I was thinking about the 10000 number elartu? Are you in the health business?
I am very hopeful here but then I was in Mtfb! Ah well

Whispers it is never straightforward using tax losses where there is a change of ownership. But even if the losses are available and say they are 2 million then you would get 20 per cent of that ie a rough tax rate. Then divide by 654 million shares Its fractions of a penny
There may be advantages to the private company from an rto. But those are for them not us. We had our chance and blew it. This is like a shop liquidation sale. Sad to see the stock going out the door at a ridiculously low price in my view but that is the situation. Wish it was otherwise of course but that’s life. Thanks for the pleasant tone of your post by the way. Nite. And have a good weekend.

A trivial amount

Adrianz how do you know that?

For opportunity re i p !

Motif bio inc had the opportunity so they will have incurred most of the expenditure and incurred most of the losses Oh and by the way even if they were wholly in the uk the losses would have value at c 20 per cent tax rate so 25 million. And probably US dollars - I couldn’t be bothered to check as it’s pointless. So much fake news!

I am not saying lamellar may not be a party to an rto. Simply they will pay what it saves them to get a listing A few hundred grand . Why would they pay more? They will have to take the baton on from here and fund it. We knew we couldn’t

Look at my history. I have been saying that for months even before I sold. It is nonsense

Ha! Lol

Yes that is a possibility bobby. I was putting the best case I can see
I do like a good argument and won’t be shouted down chaps. Remember I was here far earlier than you And know the history. By all means accentuate the positive but do not make things up !