Member Info for roses

Chelsea, yes it's going to be a very interesting 6 months with lots of twists and turns.

So it seems, EHGO (our 'investor') directly caused the bankruptcy of FIT biotech.

Is it really someone we want to be doing business with.

It's almost like they are sending a warning shot to VAL - do what we say and pay us back or this is what we will do to you.

Jeez, it just goes from bad to worse.

EHGO bankrupt FIT bio and then take their IP and are now asking VAL to help with the IP. Then VAL gives them VAL 101 as well.

How long before EHGO bankrupt VAL and take their IP and do the same.

Sorry chelsea, I don't see any opportunities for a while in here. If they had sorted out a year or two's funding without resorting to a death spiral then I might have dipped my toes.

I Think there there will be an opportunity to make maoney in the 0.15 - 0.3 area when it arrives.

Ah, so from now on you want to reply with RNS's, why haven't you been doing that for the last few months.

It could have saved you all the embarrassment.

Uncanny - do you really want me to go into detail about the scientific progress as I have with the financing.

I can do if you want me to ?

Well, what a surprise - You can't back up a single one of your posts, let alone a single point in any of your posts.

So you filter out the truth.

Come on son, if you're going to post drivel, at least try and defend it ?

Uncanny - you are now just talking absolute nonsense.

1. Depends on your average price

No, it's a fact, the share price is down that much

2. Roses l never saw your trade making £600,000 - that would have been notable

What on earth are you talking about, i never said that or anything like that.

3. I’m not 90% down.

I never said you were.

You really need to take a step back and focus on the facts.

Uncanny - I would love for you to tell me how anyone can make money on a share that does nothing but go down, and not able to be shorted ???

Uncanny - We are 90% down in the last year, and 25% down in a couple of days - surely the question should be ' why aren't we higher today ' If we listened to you, we would have 20 bagged just today !

Isleworthpy - instead of personally attacking me, maybe you could tell me why i'm wrong. I don't think there is anything wrong with correcting one or two peoples posts that are deliberately misleading in an attempt to make more people lose more money.

Uncanny - It's obvious that you don't understand legal document as you have managed to get every single aspect of this deal completely wrong.

The RNS states, and I quote

"A "make whole amount" provision shall apply to THE first tranche of the Convertible Funds such that the subscription price for THE £500,000 tranche shall be reduced"

In laymans terms for you : it applies to THE £500k tranche (there is only one £500k tranche (the fourth one) )

and that price will apply to first tranche as well (£426k) totalling £926k

Which means that pretty much of the whole investment is risk free and that the 0.6p premium paid is a lie ! as it will be reduced if and when the share price collapses, which will result in one heck of a lot more dilution than even the doubters are pricing in.

Uncanny - I'm not sure if you are guessing or telepathic when you state

"Thats well in to 2020 you must agree and what news should we have from then?

401 completed for CT3 with deals, 301 and 201 possibly sell or license or start CTll / "

If you can verify than from an RNS then it might be ' a maybe' otherwise it's just your 'guess'

Seriously, how can you not understand it !

There is only one "£500k tranch" and it is the fourth one - How can you not read !

Then the make whole agreement will set the price for the fourth and first tranches (totalling £926,000.00)

Which ends up costing the company an absolute fortune if the share price stays where it is. (and even worse if the share price drops)

Valju -you seem to be totally missing the point of my posts. They are correcting purposely posted lies.

Would you prefer that utter rubbish is posted unchallenged ?

Maybe instead of having attacking me for correcting lies and pure fantasy , maybe you could try and tell me why i'm wrong.

If I have get it wrong I would happily apologise, BUT not person has told me that the FACTS I have posted on this funding deal are wrong. And it would seem that all of the journalists, tipsters and anyone with any financial nouse agrees.

It will be interesting to see if anyone on here understands the implication of that last clause on the subscription price paid for the first and fourth tranches which total £926,000.00

This could be a very expensive couple of months !

Uncanny - yet more lies, you just don't seem to be able to stop spouting utter rubbish.

You have just said

"1. The new investors are committed at 0.6p sub price, if they sold now they’d lose 33% on 71 mn shares."

That is incorrect :

"A "make whole amount" provision shall apply to the first tranche of the Convertible Funds such that the subscription price for the £500,000 tranche shall be reduced in the event that the Company's share price declines in the period to the issuance of the first tranche. This is to be calculated by multiplying the stock performance of the Company (expressed as a percentage) by £1,000,000.

You then go onto say that :

"with £1.3mn in the coffers, we won’t need any additional funding for quite some months."

Again completely wrong :

It is £1.278 mn minus the ££278k fee
Which leaves £1 mn

How can you keep getting it so wrong with every single post ?

Uncanny - you seem to have a 'selective filter' you reply to the majority of my posts, but whenever you are pulled up on seriously misleading facts, you just ignore it and then claim again that you have filtered .

You really need to respond to my earlier post which yet again pulls you upon some very serious mistakes in your understanding of any factual information, and some very, very basic maths.

To ignore that post is tantamount to admitting you have zero understanding of the funding deal and of the company as a whole.

Nomlungu - You are correct. Private investors are unable to short VAL as not a single short selling provider allows it.

they are too small, too risky for any form of coverage.