Member Info for raytheg

The Company fulfilled all its objectives

Not only that, SA has kept to the CRODA NDA

The only reason for a dip is as result of all the speculation around these results, do they not listen to what SA says.

Why did SA not have a presentation today along with the result s as virtually all Companies do.

What is it that going on with Elrico?

I totally disagree with 3rd parties providing insider information rather than being provided by SA directly to the shareholders

Elrico

Your diligence has nothing to do with my comments. You do what you do. Good luck.

The lack of information to all the shareholders of SBTX is my issue and as such your gain

If open forum presentations were provided regularly then being bombarded by emails would not be an issue

Perhaps at the next Shareholder meeting that open forum presentations should be given in future with you facilitating the questions and answers

SA has a duty of care to all his share holders

This is only my opinion, how the financial world screws each other and can always justify their actions bewilders me.

Eleric - How much do you pay SA for the interviews

Its a shame he has no thought of his shareholders, all interviews etc should be freely available especially for such a yung Company as SBTX.

Shareholder support is a two way street

Why is SA so quiet, NDA with CRODA will come to end when CRODA is ready.
SA took the decision to market and sell AXIS direct, this was a brave move. The market for AXIS was not as expected and has lead SA to recruit staff to bolster the selling of AXIS. To such a small R&D Company must be putting a great strai on the Companies finances. Its my opinion that SA is working his proverbials off to mitigate the outflow of cash, hence Spain etc.
As others have said the core of the Company must be ploughing forward with their research and development.
If as I said he is all consumed with AXIS and its unexpected outcomes coupled with the slowness of CRODA crystallise their opportunity to money in the coffers of SBTX, I can understand his frustration at the position he is in.
All the above does not mitigate his silence to the Company shareholders
SA needs to talk to all his shareholders directly giving regular updates, not through third parties or pie and a pint at the pub
When I see people asking third parties for information or asked to ask questions o their behalf makes me cringe as it shows there is something seriously wrong

.Believe there are too many issued shares. It looks like HVO share holders having POLB shares are realising what cash they can after the devastating (to them) the revelation of the analysis which will be completed Q2 2023 instead of the 15p hype. This coupled with too many shares causes a significant overhang. 15p is a dream away. The Company walks the talk with competence and professionalism. No doubt they will overcome these issues creating stronger Company value

SA was very brave with AXIS going to B to C. This was not the Company model. SA had to start from scratch, he has now set up the infrastructure, which he is still building. Although has not happened overnight, I congratulate him getting as far as he has. He has established a foothold with a growth plan an overall objective to pass on to a Global Company.
I congratulate SA achieving this progress/success on all fronts wih AXIS.

I see we are back to back channel updates from the CEO
Why does he disrespect he share holders by basically saying you need to pay for an update?
Lets have a full DETAILED RNS statement of each stream with current status

Has this issue been reported to the regulatory bodies ie FCA. Reading these chats its an ongoing farce. Is there any regulation out there

I agree 100% with Jimmy. Private back channel updates are not right.The CEO is accountable to the Share holders and should report to them directly. Things need to change to get the Company reporting on track/where and as it should be.

IMO Shareholders were disappointed in the RNS and to top the RNS gave a Private Back Channel update. If Tyndell had not been in the market I am certain shares would have dropped like a brick.
I hope the CEO has learnt that if you have nothing to say to his shareholders then do not say anything, even if you have promised to say something.
Its better to get it right and be late than to be early or on time and get it wrong.

Its a shame there has not been a Public Shareholder Update by the CEO of Skin

I hope any update is done through the correct channel ie Stock Exchange RNS

IMO SBTX are doing what they said they would do and making a superb job of it. Currently the SBTX shares buy and sells are roughly in equilibrium. Should OPTI and Seneca decide to dump a few million shares on the market, which they both have done in recent times. OPTI especially, will be back in the market when they want to raise more cash.

IMO-OPTI own too many shares in SBTX. As soon as OPTI try to realise cash from their investment, SBTX share price drops significantly. OPTI need to realise they are not an investment Company, they should reduce their holding significantly allowing SBTX. By holding the number of shares they hold and to randomly dip in and out of the market ensures insures a reduced SBTX market price until this overhang (OPTI holding in SBTX) has been cleared.

IMO The IEH Board agreed to the take over of IEH when MEL provided the loan
How else could IEH sign Contracts (even days before selling the Company) when the were running out of money. You do not buy from a Company that has no money unless they have rock solid guarantees of the Company viability.
If anyone finds the name of the lawyers please publish.
I have contacted the Stock Exchange and various other regulatory bodies, no one was interested, seems as though tjere is no regulation and Companies can do what they want at the detriment of the Shareholders

Hoping to contact the Solicitors to see if they are questioning the whole demise of IEH, IMO there was collusion between the IEH Board and MEL at the detriment of the Share Holders. If I had the money I would do it myself.
In answer to your question I hold out no hope of ever getting any redress, its a pity there is no body to regulate the actions of these Companies.

Does anybody know the name of the Solicitors whom have served a Letter of Claim

Does anybody know the name of the Solicitors who have served a letter of Claim on LB-SHELL re IEH

I see that proposals 3 & 6 were not voted on due to consultation with Major Share Holders
That must have been MEL, MEL and MEL - Who else was consulted
What is the point of having a GM to be voted on and then not putting to the vote, if it is not going to pass so be it.
What are the relationships with MEL by the new Board and other interested parties
Try phoning LBP no reply and email you need to be on a selected list
Obviously my own opinion bu there is something not right

IMO As Directors of the Company their prime responsibility were to the Shareholders, this they disregarded. Instead they effectively sold the Company to Meditor when they took out the CLN (or even before). The deals, trials, joint development etc must have been underwritten by Meditor. If this is not fraud I am not quite sure fraud is. To defend this action shows how corrupt the whole system is � jobs for the boys.