Member Info for roger65

Yep I admit it ols, you were on the money. Well done. Enjoy it

Sorrry, I mean on their website

Really naughty of Trellus Health not to make it clear their shares have been suspended from trading on AIM. The info is there buy you have to really go in search of it. From just landing on their website you would never know they are in such trouble.

Someone asked recently what they spend $300k each and every month (it's now been reduced further but they didn't admit by how much). Well, they have 3 senior Managers, 5 NEDs, 10 office staff and 12 Advisors. That's an awful lot of mouths to feed from a purse that makes less than half a millions bucks a year.

I think I can hear an obese female singer in the distance warming up with some scales and arpeggios. Let's hope she doesn't ever make it to bursting into full song...

GMET??? What are you talking about?! I was in from 12p and admittedly sold out to early but not until it had sailed well past 2p.

That said I have had some failures and won’t deny those. But who hasn’t had a few?

Come 4:30pm it’s obvious who is going to look like a total 🔔End !!

Well on its way back to sub 1p already and it’s not even 9am . Haha

Does this suggest they are getting their house in order before something is about to be announced?

Love all the talk of 2p+ lol

Let’s hope it stays above 1p today.

…it is not in anyone’s interests to let TRLS slip into administration and all the work has to stop. Still clinging on here.

I find it interesting to see the connection with the recent trouncing of Labour in local elections based on apparently so many people being unimpressed with the pace and level of the change that Starmer and co were so confidently promising when they took power two years ago. The critical minerals policy is a perfect example of the snail-pace progress and lack of financial umph put into the development of home produced Lithium. Lots and lots of impressive talk about it and saying they know what to do but with just one large token amount of money going to Cornwall and almost nothing elsewhere is a perfect example of why Labour will be out on their a.se soon. Even now they say they ‘are listening to the people’ but they’re doing exactly the opposite. People don’t want what they have been doing and want change. So they say we’ll carry on and do more of the same. Oh and keep the PM on as it’s clear he’s still wanted…! Hopeless. Relevant to Weardale and subsequently little ol’ Marechale. I would live to know more of what’s going on at Weardale but bring a private company realise they have no obligations to keep the public informed on progress. However, I don’t understand how being more open and shouting about what they’re doing wouldn’t garner more attention and this interest and support from the wider public. Andy Burnham would be all over this opportunity for the North. Can’t wait for him to be back at Westminster.

I fear so Cricket81

Nothing we can do alas. The AIM is crooked and this way of milking money out of UK retail investors is all looked down on by serious investors and companies for obvious reasons. It's a cess pit and every time you put a penny in here the chances are the Company Directors themselves are working against you. There were loads of red flags - Directors not bought anything for years, share price depreciation over several years already catastrophic, Alumni arrival with death spiral finance deal, Marla saying very little to even attempt to help rescue confidence. Just hope no one has too much in here. Sorry not to be more positive but I really don't expect anything from the Company Directors which helps us ordinary share holders. The Americans are brilliant at this game - and utterly ruthless.

The only thing we can hope for is that there is more than one player wanting to get their hands on TRLS's IP. Cards are heavily stacked against us but you never know...

DMcG54 - Yes it's certainly a fine mess they've gotten themselves into but this is a tiny company at the moment with only a little debt - $600k to Icahn and £100k to Marla and Laurie (I really want to call them Laurel and Hardy) - so that's pocket change to the partners currently signed up. So, I am just hoping that if J and J made a move then that would be the trigger for other interested parties to get involved. IF the IP is worth something to these big players then none of them will NOT want to see this end up in the hands of a competitor for peanuts, so there may even be some purely tactical bidding to ensure the eventual owner pays something like a more realistic value. All depends on how much they value what TRLS has, and that's why the numerous signed agreements already in place with Pfz, AZ, JnJ and others has me thinking this could just come out of the woodwork at the death. It's a long shot but stranger things have happened.

If anyone makes a move then others on the periphery will quickly take a closer look and it could become interesting. Just my mad opinion and I know full well I'm clutching at straws here.

Would it be easier for J & J to buy Trellus Health than wait to see if the management can find a solution to their immediate funding crisis?

(I know tere's nout we can do but wait but...)

Chat GPT answer:

Based on the financial situation of Trellus Health as of May 2026, an acquisition by Johnson & Johnson (J&J) would likely be more efficient than waiting for the company to resolve its funding issues, which are severe and nearing a potential break-up or insolvency.Why Acquisition May Be Easier/More Likely:Severe Funding Crisis: As of May 8, 2026, Trellus Health has suspended trading on the London Stock Exchange's AIM market, appointed restructuring advisers, and announced a cash runway that only extends into mid-June 2026.Direct "Sale" Option: The company is explicitly evaluating a "potential sale of its US subsidiary," which hosts the Trellus Elevate platform used by J&J.Extremely Low Valuation: Trellus Health's market capitalization has plummeted, with shares down 93% in the year leading up to April 2026, dropping to roughly £440,000. This makes it a very low-cost acquisition for a company the size of J&J.Immediate Platform Control: Acquiring the company would allow J&J to secure the intellectual property and development team, ensuring the, "continuing development" of the platform without risk of it being sold to a competitor or dissolving during bankruptcy.Why Waiting is Risky for J&J:Unstable Development: Trellus is currently cutting costs, reducing staff compensation, and renegotiating vendor contracts to survive. This environment is detrimental to long-term development of a digital platform.Uncertainty: Trellus has failed to secure long-term funding despite ongoing attempts and has previously had to rely on high-cost, dilutive convertible loans.High Risk of Disruption: If Trellus fails to find funding, it may be forced into insolvency, which could create legal and operational hurdles for J&J to reclaim or continue using the Trellus Elevate technology.Context of the Collaboration:J&J currently has a contract with Trellus (through mid-2026) for their IBD platform. The project has seen positive engagement metrics, which led to a, "broadening [of] patient access channels" in January 2026.Therefore, from a strategic standpoint, it is likely easier for J&J to simply acquire the troubled, low-value technology to guarantee its future development rather than waiting for a potentially disastrous resolution to Trellus's financial constraints.

Yeah nothing going on here at all. Nothing to see. Oh and there’s another delayed sell for your magic number of 50,000 shares. Still think nothing is amiss?

Hmmm less than 4 weeks ago this was at £3 and now down by over 33% and you’d have us believe that all is tickety-boo. I smell rats around this. Oliver has been well supported by uk retail investors all the way since the share price was 8p and it split from POW. Not sure they deserve whatever is playing out just now and this makes that recent RNS start to look like a deliberate attempt to stem the outflow. Nothing specific, just lots feel good statements.

RNS logged?

Over £100k in 3 delayed sells not major? Uhm well, along with several other sells for at least £10K it’s certainly not helping prop up the sp here. Could it be some players simply switching their holdings to the NYSE listing? They seem to be up fairly significantly every day the LSE listing has been down recently. Makes me feel there’s a shift in focus from Oliver in where he’s looking for investor support. Maybe the London listing just isn’t proving worthwhile any longer for the administrative burdens involved in maintaining it and he’s planning a move to the US? Dunno. Not sure the recent decline of over 30% can be down purely to lack of news

In fact the price of lithium carbonate has more than tripled in the last 12 months. Still snail pace for Weardale though. I wonder how many years a feasibility study will take. 1, 2 or more?

Major sells again already today. Anyone any idea why someone would want to exit GMET?

Ultimately this boils down to the old adage: something is worth whatever someone is willing to pay for it. We’ll know soon enough if TRLS is worth anything at all.