Member Info for roger65

Mmm yes it's possible Latino but...it's far more likely to have long been sown up with a handshake, nudge and a wink. Priced to fail and at the last minute a low ball bid will be made and we will be told by Marla that this is the only feasible option or else we go into administration - they've already used that tactic in an RNS to strong-arm share holders into accepting the £5m CLNs from Alumni, and whatever is the plan Kevin L Murphy, Marla, Laurie and Alumni have in store.

Trciky - no they can't. You were told that in an RNS ages ago when the Alumni deal had to go to a share holder vote. Basically they said this was the best and only offer available and if we didn't vote for it then it was most likely administration. It's known as death spiral finance for a reason.

But there is STILL the flip side of the coin. Marla and Laurie put their own cash in. Kevin L Murphy was awrded about 800k shares in January - apt reward for doing what I'm not quite sure but he's definitely in on the plan. Whatever that might be you can rest assured Kevin will benefit and so will Marla and co. Us poor pis? Nah don't think so. Time to write this one off I'm afraid. It's going to end up an 0.01p amd about 3 or 4 billion shares at this rate.

How much of the £5m have Alumni converted thus far? The first two tranches amount to about £750k I think... Long, long way to go yet.

Chairman Kevin L Murphy has done well to keep his name out of the headlines here. He’s either done nothing to prevent this situation or….he’s helped engineer it behind the scenes. I’m still of the opinion that Marla and Laurie know someone is waiting in the wings to buy this - probably to take it private - otherwise why would they waste their own money propping up the company for another 3 or 4 weeks.

FCA should look into this as its deliberate destruction of shareholders holder value.

Why in earth would they do that? There is nothing to say they have to convert all of the £5 million on offer.

More interestingly is that Hargreaves lands down will take all of my £4.5 thousand in one go so someone is willing to buy

Yes but Simon, at that point even Alumni can’t sell at a profit. They are gifted shares at .1p I think.

If it was just one organisation buying up all these shares then they would now hold approx 245m shares. Well over 50% of the company. Is the FCA just turning a blind eye to whatever is happening here?

FCA? Helloooo? Is there anybody there?

As I keep saying though, if it’s going to delist, why bother buying? Why not just wait until it goes belly up and take it for peanuts. TRLS has no debt so I think someone somewhere knows this has value but is being devious in their plans to get their hands on it and wipe retail investors out. Happens time and again and the FCA sits idly by just watching and allowing iis to break rules at their whim

The only question remaining here is who on earth is buying up those huge tranches of shares that Alumni keeps dumping on the market. If it’s the same buyer then they are well over 30% by now by my reckoning. We should have seen a Tr-1 . No point buying if it’s going to be delisted. I see a last minute swoop but maybe it will be for £1m.

And at what price will we be told this 59m shares were sold at? .12p?

Agreed.

‘ Shares in Trellus Health were admitted to trading on AIM in May 2021, under the ticker TRLS. For more information, visit: www.trellushealth.com’

Five years of utter sh.te to be precise. Are the going to mark the end of their 5 yrs by delisting in May 2026?

Unbuyable now. Shocking

Well I'm glad to hear that. tks for sharing, but Mac's main investment (only serious one?) is in Weardale. It's clear they have no need to advertise their own news but if there is anything good happening why would Marechale Directors not want to use it to support their own company and garner more interest/attention from small pis? One day something here will actually happen and I'll hopefully fall off my chair for a good reason. Hope it works out for everyone.

Marechale haven't had anything decent going on for ages and even when they did handle some deal selling a pub chain they didn't declare any figures generated in income from it, so it must have been an embarrassingly small amount not to disclose it. I suppose my only hope here is that one day the Directors might buy another tranche of shares once they have an inkling things are about to move. That's the only thing that has happened here since last October.

This has been going on for weeks here now. The trades at .1575 and above are all buys. Any trade at .15p is indeed a sell. They seem determined to misrepresent the true picture here, not that there's very much at all going on anyway, but for weeks the figures they are reporting at the end of the day are incorrect. Why? Technology just too difficult to handle? hmmmm yeah right.

Odd for sure, and the same again with a buy and sell for 4090 shares - albeit a few minutes apart - making the trader a little worse off for the pleasure of holding shares in Marechale for a few mins. Anyway, imho it matters not as I don’t think we’ll have any meaningful news until the autumn now. All the talk of production in 2026 was nonsense. Until they know the results the feasibility studies and can bridge the enormous funding gap they can’t possibly plan for the future, let alone get on and build a plant and reach production .

I imagine any decisions on the US DoE Grant won’t be made until Sept (they won’t be as slow as the UK which can only be a good thing) but if that ends up with a result for Weardale then it will obvs be good for Mac.

And lithium carbonate nearing its highest price for ages.

The last equity issue was for 48.7m shares and those were sold last week at a price of .15329p

We now just have to hope there are no more CLNs diluting even more but, if the help keep the lights on until a contract can be announced then so be it.

The good thing is that as far as I understand it Alumni hold no shares in TRLS and so if it did go right down to the wire- can it get any closer than it already is?! - they would not be a major share holder who could make a derisory offer for the IP. Is this correct?

I’m now just holding my breath in the hope one of the majors already signed up to an agreement with TRLS will make an offer. It’s not going to be for very much IMHO but right now anything would be better than the position we’re in.

Could a potential buyer be the one buying those huge tranches of shares from Alumni? If it is then we should see a TR1 but the LSE will happily bend the rules if it’s a major pharma sniffing around and it’s an outfit not based in the UK. I think whatever happens this week will give us a clearer indication of what’s at play. More CLNs and more huge tranches of shares are sold then we’ll know someone is building a stake with a view to putting in a low bid. Reasonable assumption?

Personally hoping for £5m and we can run away with 1.2p. If there’s a tussle between different players then maybe we will get really lucky.

Were they at .1595? Does paint a slightly different picture but with only 10 trades I can’t see how they can get any more CLNs away unless they can wangle a CB positive RNS being put out and the mms do some forward selling during the slight spike .

'all buys...'

Only 3 trades as far as i can see. One sell at .1625 i think may have been a buy as when i did a dummy trade sells were at .15 and buys at .1625

the coin is spinning but slowing down and about to fall....which way though? Heads or tails? Marla Magic? Or Marla Malevolence?

It's priced to fail and has been deliberately targeted by Alumni with death spiral financing deal. Not a lot for anyone to get really excited unless they fancy a flutter. Manipulated by lse and mms to aid and abet the iis make a profit. Retail have been totally ignored by Marla. Even in the last 12 months not one of the Directors has bought a single share. No one knows what's really going on and that has scared most people off I imagine.

It was surprising to say the least that two Directors recently put their money in to keep the lights on but that only covered about 2 weeks worth of costs. Either something is in the off'ing any moment or a deal has been done between the Directors and Alumni Capital to take it as a distressed sale once they've made enough cash to fund the purchase price. Marla and Laurie probably kept on and 'reimbursed' their recent loans and given bonuses in the new Company so that when they eventually sell it they will benefit massively and retail will have been wiped out of the equation. It's AIM and this kind of thing happens a lot.

It's the flip of a coin.

One more thing to add regarding yesterday's trades. Yet again lse was misreporting. There were 2 trades of 1m shares. Both marked down as sells. One was a buy. It was mine. It's my last throw of the dice here and it was in the full knowledge (almost expectation) that I will likely lose the lot. I now have £4.75k at .15p. I feel for any lths here who have had to endure the relentless dilution and destruction of the share value. I really hope you all have your day soon.

Hope it turns out very differently to the way it looks right now.

Ha, I thought of that about 6 months ago or so and aired that opinion on here but think it got shut down pretty quickly. I can only dream of such a thing but doubt very much Weardale would be the new listing company. I’d thought of Stubben Edge but doesn’t look as if they are interested or need to go down that route as they’re clearly doing very well. Lithium prices good atm

But JB , there has been nothing like enough buying volume to shift 48m shares so I think the real question is, whilst yes, it’s a CLN, who is it that’s taken them?

Mad, pray tell, how do you work that out?

Although the old adage is as true as ever in that every sell is a buy and vice versa. Someone has bought them because there has not been anything like enough buying from retail to make up 48m. So if you’re right KK then who is it that thinks spending £75k is a good idea…?

Absolutely Tricky but you could never get anywhere in trying to prove it and the FCA works in the interests of iis, not retail investors.

Those 48m shares I thought were meant to land on or about April 23rd. If any of us tried to sell such a large amount they would never offer .15p. Mates rates. ‘Twas ever thus.

Wonder if another CLN RNS will land now or are the done? With the mms being so kindly towards them I wouldn’t be surprised to see another load dumped at a beneficial price. Thing is there has been nothing like enough retail interest to cover those 48m shares at that price so…who IS buying them? Are they being accumulated by AZ, JnJ or Pfz as part of a planned take over? Let’s hope so.