Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
CO that’s really handy so thanks. Looking really positive and hopefully as implied it’s translating to in human. Not too long to find out (hopefully biopsies too).
AVA6K dosed at SIX times higher than Doxorubicin and yielding SIGNIFICANTLY better results. Oh and by the way, Doxorubicin is only an approved, market leading anti-cancer treatment.
The above is good but would it not be better to see 6K having Better results using a comparable dose rather than 6 times? I don’t understand why not do like for like?
SimonPhoenix -
AVA6K dosed at SIX times higher than Doxorubicin and yielding SIGNIFICANTLY better results. Oh and by the way, Doxorubicin is only an approved, market leading anti-cancer treatment.
The above is good but would it not be better to see 6K having Better results using a comparable dose rather than 6 times?
Why would GB waste time answering a butter troll who doesn’t hold shares?!
Good stuff re languages. I mentioned as the photos of the stand and collateral I saw were all in English.
Yeah maybe in being critical but their photos of exhibiting in Paris should be in French. Anyway, main thing is it’s money we’ll spent and productive!
Which all well and good and I suspect most can read English well but surely you would have some of the literature translated? Maybe I’m being picky but the French, like many nations, can be funny with such language assumptions. I hope one of the reps speaks French.
Main thing is to generate awareness and of course sales. I really hope labskin starting to grow ads in.
Exactly LTBeliever.
GB no doubt told them €50m business when it’s €35m.
Just like we have plenty of cash so he and CFO took cash over shares and then soon after we will take £4m at 1% interest a month. If we had cash surely we would use that. Something isn’t right. Fine arrange the finance but only draw down when needed and if we suddenly need it having had cash at YE and EBITDA positive H2 it seems odd. We Couldn’t surely spank all that cash we had this year?
Hi Paul, given I think we need a new CEO I’m not sure my analysis productive. I think we can all agree the comms and RNSs really poor, as is the IR website, annual report and GB can’t present. I won’t go into more serious matters.
Let’s hope he proves me and many others wrong.
Going through. Goes to show what a poor performance when I’ve done 3 years worth and this year would be the lowest. Pretty obvious when the share price is below the discounted raise of 3 years ago. At least GB is consistent. Parity and Microsaic also well down!
I won’t be putting any in an ISA this year but will pray he can finally create sustainable shareholder value and not social media pumps to facilitate TP dumps.
In brutal lockdown, 26m people cannot leave their homes, even for food. Anyone tested positive has to quarantine in gov facilities. 1 year since the MOU was signed so it seems ludicrous if they were serious about PD a face-to-face meeting is preventing signatures. GB should have the courtesy to give an honest update. He was banging on about it but all very quiet. He never learns.
Yes agree a deal to have access to finance which is needed to secure large deals etc but why drawdown immediately if we have cash sitting in the bank? Why pay some £600k in interest in 12 months if we have cash? Also, don’t forget the CEO and CFO took around £200k in cash a few months ago which if tied into this loan wouod be circa £230k. The point is I don’t think it’s being managed as well as it should be.
Given we know MWG contributed the majority of revenue last year does the stagnation of labskin not concern you? They’re not concentrating on the bread and butter snd this new venture rings alarms for me.
Anyway, let’s agree to disagree but when Gerry’s up for re-election it’s a no from me. It won’t matter one iota but he’s more of a social media account manager than CEO.
Recently he was rubbishing LFTs as they’re analogue in a digital world and now he’s done a u-turn. The B-C LFT element is a shocker. I understand the B-B elements.
I hope I’m wrong as Gerry won’t go anywhere unless this turns sour which I hope to feck it doesn’t as it’ll be too late.
LTbeliever you said - If loss making, why would the lender risk 24 mln of hard cash.
Not being patronising but I assume you're hazy about how finance (both personal and business) works. The stronger your position the better terms you get which is why for instance desperate people whom no one else will lend to go to loan sharks and have exorbitant rates. The same applies to businesses and the deal we have secured illustrates we are not in a strong position. I understand needs must and we need to accelerate growth and have access to cash to secure large deals. That said, why did we drawdown £4m so soon when we pay high interest on it, likely in 12 months it will be some £600k on top. Surely we had cash for the cash bit of the acquisition and the other £3.5m for the bits mentioned in the RNS (you suggested we had £6m cash). Sure arrange the loan but why drawdown if we had the cash you suggested?
I think we're burning too much cash, too many people now and we really need to accelerate what we do. I bet we've spunked more than we wanted on skintrustclub marketing.
I also suggest labskin didn't grow double digit last year and the growth was through MWG. Remember labskin did circa £4m in 2020.
Anyway, the tech is amazing and the opportunity and potential too I just hope we have the right man leading the group and he hasn't spread us too thin trying to spin too many plates.
A decent post although you’ve missed the elephant in the room. Not paying in full any loan after 12 months. Trouble.
Remember we are loss making. Raised £10m last year and they was the revenue. We have access to £25m and guidance just below that.
Here’s hoping we generate cash (profit) and not just revenue.!
Wow. Okay. Main thing is you enjoy it. Good luck, you clearly need it.
161 SNG posts in the last 30 days alone. The same points being regurgitated again and again. I hope if you have family or friends they look in on you.
Your repetitive posts will likely have no impact on people’s decisions here or the share price. Maybe just post a couple of times a day and go and do something productive or fun.
83 posts on SNG n the last 30 days and you’re not invested. You’ve made your point, again and again. Move on and get a life.
The company has said it has the funds to complete phase 1a which should be Q2 next year. I suspect once data is released this summer (assuming it’s good) we may license or raise cash but if so the share price should be at all time highs. Data is key.
I’ll leave it to you Hally clappers but the market has spoken.
Assuming they do not earmark too much cash for this it’s okay but things can quickly get away and cash eaten up. We have 12 months after each loan is taken out. That goes quickly. China resources MOU was 12 months ago and that is a complex negotiation not a development deal.
Anyway, here’s hoping we have more positive news on PD, labskin and skintrustclub in the not too distant. They’re our bread and butter and need focus.
**** off rocket. Sat in mum’s basement. Funny. If the cap fits tough guy.