Member Info for roger65

Sorry, yep, understood. However, I think Tim is hardly likely to turn round and do a raise after the repeated recent statements specifically reassuring existing share holders there will be no placing and that they now have funds that push the cash runway into the second half of 2026

From the RNS less than a fortnight ago: 'ImmuPharma has no intention to raise further funds and will look to further strengthen its cash position as a result of deals with potential partners.'

If he's been lying about any deal being imminent AND there being no placing then he would be voted out at the next AGM not to mention being investigated for misleading statements in official RNSs.

For god's sake Juxta get your figures right! 70m new shares issued is NOT 25% dilution. Jeez. There are 500m shares in issue currently. Another 70m shares would be...? Go on see if you can work it out with a calculator. Scary

'To say they are selling as part of a long-established pre-agreed policy is nonsense.'

100% disagree with this statement. It will almost certainly be the strategy that was in place should IMM's experience a rise of the like we've witnessed since September. They won't be having meetings on a regular basis to decide what to do next, it will all be set in stone unless anything serious occurred.

I'm actually quite shocked by how many people don't understand how these financial agreements work, both for IMM and the lending party. Seems as if people assume Lanstead won't have other arrangements they look into on a daily basis that represent a far better opportunity than holding the remaining tranche of IMM shares. They have 70m warrants for goodness sake! They have done extremely well out of this agreement and can very shortly focus on the next IMM with their gains.

I also believe that if there is any major kind of deal being discussed then the third party will not want a major share holder involved and so Lanstead may well have been instructed to get rid of their 13% to enable a deal to go through more smoothly.

So, in the immediate future I reckon more selling and sp drops to possibly as low as 8/9p and then for the last 10 days of November it will slowly start to turn northwards. If deal by year end then obviously all very happy. Apart from shorters.

My biggest fear with everything that is going on now is that Tim deliberately overstated the case regarding possible deal/deals in September to extract the maximum payments from Lanstead for the last 3 months of the agreement and that once the final payment is made he will come back to the market with a more measured and possibly apologetic communication along the lines of ' a deal is definitely possible but is taking longer than I had anticipated due to many complications...bla bla bla. I'm looking at both sides of the coin here.

J Kemp - the monthly amount Lanstead have to pay is determined by the share price over the first 20 days of each month & so they have imho been reducing consistently at the start of each month. With 70m warrants at 2p they don’t need to worry about happens to the shares left that they still own. Don’t think the timing has anything to Do with trying to undermine IMM at the conference.

Lanstead have been the drag on the sp over the last few weeks imo so Nov will see the last of their payments under the current agreement and then their need to sell is finished. Should see a reversal imo in the next 2 weeks or so, unless Tim puts out an update regarding promised deals and it’s negative.

What comes first, contract news or placing? If it’s a placing then hopefully it’ll be for a small amount and not too much dilution. Contract news soon after will obvs be positive but it’s the anticipated placing that is going to cause the short term damage and zero volume. Sat at 0.5p means it’s likely at least going to be at a 50% discount or more. tRLS is over a bit of a barrel

Hold tight

Just checking again. Oh dear, not a good day and I suspect more of the same tomorrow

Looking forward to Lanstead being out very soon. Should hopefully see a reversal of sorts once that’s happened. Or of course we might then get a more contrite interview from Tim in which he reins in his recent bullishness and tells the market ‘these are really tricky times’ bla bla bla.

Those were not insiders buying last week. They were traders in it to make 10% minimum profit.

Might not be hugely popular but…now things are definitely more secure I would actually love to see a placing for shares at .6p but for it to be limitless for existing share holders. They make an offer and how ever many shares people wanna buy at that price is how many extra shares are issued. That would mean a bit more dilution but, if they raised £2m, would make the company secure until it becomes profitable and most importantly that FDA application is submitted. Give long suffering holders a chance to make some money for once rather than being by told Directors ‘here’s the best we can do - massive dilution. Oh and thanks for the generous salaries. Great ski holidays booked this Christmas ‘

Let ordinary share holders demonstrate how much they believe in the products. Do NOT allow current Directors also to buy.

Prof - I agree a deal with Avion may have been pretty much in the bag when Tim started shouting his mouth off in those interviews. I wonder if they have pulled back since due to Tim's ham fisted attempt to ramp the share price before perhaps a price was even settled on?? His chuckles in those interviews are starting to ring a little hollow now as time races by and there is only silence.

My big hope is that Tim and the /new partner are waiting for Lanstead to be out before pressing the comms button for an RNS.

Ramp brigade of Alexsnow, Growmore and Pokerchips all binned

Don't have a go at me for expressing an opinion, even if it does change according to what is going on on a daily basis. Use the filter button. Circs change and clearly the market is undecided on what to expect here, otherwise the sp would be nearer 20p. That's what it's for. I'm allowed to have an opinion whatever it may be and just because my views turn negative depending on evidence - or lack of - that Tim was telling the truth back in Sept, and they might differ from yours doesn't mean I should disappear or acquiesce to whatever the ramping team want to be most visible here. Filter away. It matters not to me. Alarm bells always start ringing for me when there is a forceful and aggressive majority of posters on a stock trying to quell any possible negative views. I get you are trying to protect your investments here but when there is absolutely no room for any questioning then it's a mob mentality. Too often on AIM sticks there have been rampers galore and teams of them who try to shut down any alternative view point. Take GDR for example. I was attacked relentlessly there eventually proven to be right in that the BODs simply could NOT be trusted and were out to run the company to the point of administration. The BODs consistently told the market 'selective truths'. If people think Tim might not be doing the same here then look back over his history. I'm not a professional investor and my confidence in AIM stocks especially can change in the blink of an eye and from day to day. That's because AIM is a cess pit and full of lying CEOs. There is spectacular money to be made - my best were EUA, ARB, BAC and initially GDR - but all have come seriously unstuck via questionable management. To be blind to the possibility of Tim not being completely above board in those interviews in early Sept is in my view a bit naive. Jury is still out is all I'm saying.

Careful what you wish for nissan. IMM rose to 19p but has slipped back by nearly 50% with further to go imo. As for SCGL that was a spectacular rise but an equally spectacular demise in short measure. Many lost out hugely on that. Don't know anything about the other one.

I didn't say which way I lean yet... I said I will wait for another 4 weeks and decide how I think it's going to play out by start of December IF we have no news of a deal by then. For now, I'm in, but I couldn't say I'm feeling overly confident about Tim having dine a number on the market.

Gotta agree with LLoL in that if Tim has no shame in making such bold statements to the market on repeated occasions knowing full well there wasn't yet a deal in place or that anyone had yet agreed with his interpretation of the latest P140 results eg 'game changer' then I don't think he's going to be particularly sensitive to share holders calling for his resignation. Remember folks he's done this before on more than one occasion, admittedly never as blatant as this September but with everything that we DO KNOW is playing out I am wondering if it was a major play/bluff to squeeze as much out of Lanstead as possible in the remaining time of their deal with IMM...? If it was then Tim has done well and got some pennies in the bank for much of next year but it would take a long time to rebuild trust with ordinary pis, many of whom have bought in on the back of recent statements or increased their holdings. If there is still nothing at the start of next month I know which version of events I will believe in. So, sit and wait for another 4 weeks whilst the mms play with the stock and I fully expect to now watch this decline back to at least 8p. Is the CEO a liar/bullsh.tter extraordinaire?

They verified the data, not the interpretation of it Prof.

Conference opened at 10am central European time ie 15 minutes ago.

No deal yet in place. Squeaky bum time. This was the prefect time to announce such a deal and if we hear nothing then it's because there is no deal in place yet. No way would IMM or a future partner waste this opportunity. Damn. MMs gonna love this stock this week. They are going to take it down as far as they can and hope Tim comes up with another bs statement soon so they can ride another wave of optimism...

And of course it’s absolutely no surprise that market makers have dropped the bid this morning so quickly.

Having said so publicly that he believes P1 40 is a “game changer “it will become clear whether or not the major pharmaceutical companies agree with Tim. He stated that in early September it’s been two months since that all these companies will have had access to the data room and if there is no announcement today then I think it becomes clear. Tim has overstated the case rather seriously. That’s just my view based on the fact if it truly was game changing then one of the major pharmaceutical companies would have made a move by now.

Should have known that was just the usual pump and dump crew as soon as JiungleVIP and davey50 posted. When will I learn. At least i didn’t actually buy more and off loaded some at just over 1.8

If there isn’t an announcement today I feel the mms will use it as an opportunity to drop the sp quite a bit, perhaps as low as 8/9

I hope Tom has something sensible to tell the market soon. The longer the wait goes on the more prefabricated his comment ‘a deal could happen from any time now’ looks. That one was nearly two months ago….not panicking, just a sense of Deja vu as Tim seems to have little shame in distributing large dollops of hyperbole ie classic over promise- under deliver. The clock is ticking now Tim. His reputation will be in tatters at Xmas and his retirement plans in ruins if no deals are achieved.

If a deal is announced tomorrow the RNS will be released simultaneously. Can’t say I’m confident purely down to Tim’s antics on previous occasions. He said by year end so he’s got a bit more rope to go yet…

The BOD would themselves have been far better off if they’d raised £15m when the mcap was above £30m and we’d had 50% dilution. All the running costs would have been ticked away in the bank for 3 yrs or so and we’d have had more like 200m shares in issue rather than 1bn. It was a well executed plan that could have benefitted Allenby clients and Directors massively if they’d succeeded. Run the sp down to the bone and dilute pis out of existence and make them irrelevant as a % of the share holding body and then take it private. In 2 years time company is generating £10ms per year and sold for over £50m or more. It would have represented a profit to Allenby clients of a multi bagger 25x or more. They so nearly got away with it. My broker, who was a qualified lawyer in his younger days, said when they used the term ‘unfounded’ in the recent presentation it was a classic legal term used for when what’s you really are saying is ‘you can’t prove it…’ and was a massive red flag and set alarm bells going. He has for the last 2 years encouraged me to not dabble with any AIM stocks but GDR in particular he said looked like it was being mismanaged but whether or not that was sheer incompetence or part of a long term plan to take GDR private he cdnt say. James Cheek being out on the spot in a Q & A to answer if there had been discussions at Board level to take the company private was excruciatingly embarrassing to watch and most likely a plant from an insider - probably a fellow Director. To outright deny it would have given them to cause to remove him as CEO. He sidestepped it, kind of, but clearly showed he wasn’t aligned with the plan imho. And that is why he was ousted soon afterwards, his rant about the NHS being too slow was on the money but that probably also contributed to his removal because it didn’t suit the plan to become successful with NHs sales that soon: they needed more time to run the company down and get the vast majority of shares under their control. Love a good conspiracy theory me.

Anyway, all of that is now mercifully over and the Directors are being forced to work with DN and to align themselves with the interests of ordinary shareholders holders. I agree that DN is likely to slowly continue to build his position and eventually have a veto % of voting rights and when the time comes, if needed, he will avail GDR of a further loan but with no dilution for existing share holders. The company is now safe. All it requires is some good news and some sales but the sales team are a waste of space and money.