Member Info for sadoldgit

Investing genius. You have absolutely no idea.

250% time from a low 10p fund raise.

Dropping to 10p from its high is a 98% drop, positive news and still drops.

At 10p there would have to be a 5000% rise to bring it back to where it was.

At the moment around 1600% like needed.

It is not the 250% rise which is overdone it is the 98% due to worldwide events and a pi55 poor death spiral finance.

News is due on data results anytime soon.

How would you place a value on a Tyk2 Jak1 inhibitor commencing phase2 clinical trials?

Regards

Nicely, goodmorning.

A post here from funnyguy, how much of this one you agree with, and like funnyguy on what basis do you make such an absurd statement?

'Unbelievable 13 Mar 2024 21:24

That people on here is talking up the science of Sareum. If this was a grand national Sareum have barely jumped the first fence and people are saying we have a champion.

Forget the testing, follow the finance and your answer is there. We are not too far away from confirmation that Sareum have failed the tests and will not pursue. Use your brains. This is all a nod to the people that really matter, the financial sector and HWNI. don't be fooled into thinking that Sareum have small private investors interest at heart. They have been played so will now play us and the executives involved do not know how to play this game so are easy pickings for the professionals.

Expect SAR to go bust this year. I pulled out with a small loss'

THAT SAYS IT ALL ABOUT THE INDIVIDUAL.

'confirmation that Sareum have failed the tests and will not pursue.'

What a complete load of unsubstantiated bs, it don't know, has no idea.

Funny Guy.

No, we are most certainly not in the same situation, as Riverfort will no longer demand shares to pay outstanding debt.

Had WRAP not gone ahead we would have been well and truly shafted.

Riverfort gave an opportunity to buy but by their own actions created a situation of being unable to draw down further funding.

So there you are as an investor you come in buying on the way down and end up with a situation where the company is in severe financial

problems. Riverfort don't give a damn about any investors here.

As for name sonny, it does not say it all. You need grow up! Take your piddly 6k out and get a life.

Dunny Guy if that is your conclusion that Riverfort gave us an opportunity to make some quick money that just about sums you up.

Had the people here not made an effort to put forward a solution to death spiral finance, where would be?

Sareum had no money and Riverfort cannot lend to Sareum under the terms of the finance contract.

However, you can put your last dollar on what Riverfort's next action would have been. Finance the company in the form of a loan and take ownership of the company.

You would have preferred this outcome?

I should think a lot of people have to laugh at your posts,

Bought 33,000 shares which now makes your average what? As was 61 p?

You have sold a few shares on a spike this am and like 1 or 2 others on here paint a negative view to feed their own agenda?

On top of that you have not been here 2 minutes and know Jack 5hit.

You have similarities with Riverfort,

Only a few weeks before news lands and you want to trash the share.

You want trash the share like RF buy in then sell on another spike before going back to trashing the share again.

What a prawn!

Regards

Rf most likely forward sell shares as they have done recently. However they may ease release rate to capitalise on gain. Warrants they have 4 years and early tranche was for them to buy at 147p.

Shares will become scarce soon and we are leading up to news time.

Riverfort having a few options is no problem, A company choosing to on license pr partnership will not touch us with a barge pole.

At the moment just be patient for the SP to rerate itself in the 70 to 75 million market cap.

A few weeks is all!

Regards

Nicely you have no confidence on this share at all. You write rubbish too.

You average for SAR was 4 pound 70.

How on earth you manage that?

Caught on a spike?

100k down on this share?

100k down on another share too you claim?

You are a MAJW&CO disciple me thinks.

Regards

Nicely what is your opinion of the following?

'RE: WRAP offer28 Mar 2024 12:23

More money to lose'

Why would anyone invested here post that?

Not volume as such. You cannot use the drawdown facility at more than 1 million debt balance. The amount owing with drawdown cannot be greater than 10% of market cap.

Manipulated to create financial chaos.

I should think they looked at the detail in the small print am sure even Stevie Wonder could have found it.

Regards

Not volume as such. You cannot use the drawdown facility at more than 1 million debt balance. The amount owing with drawdown cannot be greater than 10% of market cap.

Manipulated to create financial chaos.

I should think they looked at the detail in the small print am sure even Stevie Wonder could have found it.

Regards

If any deal was being done, l don't believe a company round touch us with a barge pole whilst involved in RF funding.

Most likely a reason why we have cleared early!

Nicely, why don't you keep quiet until it goes back up to 4 pound 70?

Soot on Rebster408.

Nice pertinent post to Aber

Regards

Showing mid price 37p?

Good morning nicely,

Have you by any chance taken notice of the trading volumes. This will not be going back to 10.5p per share.

People will take profits on the way up that is the way the cookie crumbles, it will reach a pound plus over time.

You can have a positive attitude here ut there are some who will insult, undermine and create disruption and so much fear.

One little berk was even calling for me to get banned as l was the cause of people losing money here.

Well, l don't hear them now, do you not find that strange?

I know it would be boring in life if we were all the same, but we are not. We are individuals, but the ultimate objective here is to make a reasonable sum of money.

I have been here since 2012 and other LTH's a tad longer.

This company has been put through the mill since

2022. Now it is on the up and much further forward. 34p a share is still a pittance for where we stand.

However, the new investor or trader needs exercise a degree of caution. There is plenty of info about.

Regards

Good evening fearg,

Similar opinions as myself, definate downward pressure by RF to to put financial destruction on Sareum. From the RNS of today the rerate has begun.

RF can sell what they like. Hence gradual grind over 6 months,from Aug to Feb (105p to 60p ) and then from Feb to March dropped 60p to 10p.

Another raise and shares may have been manipulated down to less than a penny. RF come along kindly help with more peanut finance and acquire Sareum. Sold in the hundreds of millions later!

Share price was 105p prior to RF involvement.

Circa 70 million shares at that time, now around 105 so approx 50% dilution.

So realistically we are looking at 70p per share to bring the SP or to be more precise the Market Cap of 70 million.

Now 1801 has advanced since, as we now await safety data results that we expect to enable us to traverse into a company that has a phase 2 asset.

In addition we await news of the licensee that has taken on 737 a checkpoint 1 kinase inhibitor.

Checkpoint kinase inhibitors are effective at what they are designed to do, but to satisfy the demands of regulating authorities such as the NDA they need to be used in combination therapy satisfactorily to gain clinical use authorisations.

With regards to 1801 that will also have a knock on effect to 1802.

I would suggest that on satisfactory 1801 news we can expect a minimum 50% to 100% rise. On commencement of phase 2a trial (that may require raising of funds to bring the Mcap to around 150 to 175 million.

News on 737 maybe 5 to 7.5 million as a rough guide.

155 to 180 million market cap

Approx 150p to 180p per share.

On licence will depend on phase 2 data.

End of phase 2 as l have put before an upfront payment of between 200 and 400 million and with good Indications outside of psoriasis maybe up to 800 million.

No Jaki inhibitors irrelevant of selectivity have ever been authorised for clinical use without the dreaded black box warnings.

Allosteric TYK2 Deucravacitinib)has proven so far excellent with regards to safety albeit the efficacy on Psoriasis is adequate, it is believed by using the dual inhibition approach of Tyk2 and Jak1 that this would yield superior efficacy over Tyk2 alone. 1801 is Tyk 2 Jak1 an oral formulation that has the added underestimated benefit of being administered in a capsule formulation.

The safety profile of SDC-1801 if comparable to Deucravacitinib would make us available for clinical use without the dreaded black box warnings and a greater efficacy in certain Indications.

Let's face it Deucravacitinib flunked badly in UC.

This all new allosteric Tyk2 inhibitor that regulates the active domain via the pseudo domain?

How much would 1801 be worth with a safety profile comparable with Deucracitinib but better efficacy?

Mind blowing!

Regards

I should not think anyone else wanting to take a drawdown against Riverfort finance.

They are now gone.

We will be finding out who recommended them, even if it means waiting to the AGM.

Those that have bailed the company out should receive options. The BoD need nailing for this catastrophe, and l hope they read this chat board.

Rant over, onwards and upwards and should not be long before we receive an update on 737 or 1801.

Regards

What? Building up to manufacturing news?

What on earth you on about.

Matty Boy 1965, am pleased your average has dropped to less than a pound. You should be in profit in the not too far distant future.

Regards

Well spotted Prince mincer,

In the 20's stll, as news not only of a further drawdown of 3,000,000 shares but the vast number of these forward sold into the market today.

How many of your 1,700 shares do you have left?

Did you take advantage of the WRAP offer?

Have you added or sold any?

Clearly, you are very easily disappointed. I take you have no disappointment with RF?

New week starts Monday, RF doing their utmost to destroy the SP but will be gone very soon.

220k still to pay around 2.2 million shares.

Price will climb steadily with Riverfort out of the equation.

I am not disappointed as bought another 10k.

Good evening Gregorio.

Of what interest do we have here of how old you are and where you live.? You have friends too.

How quaint.

It could have been worse l suppose.

I am an 83 year old happy man with friends living in Spain, distance no object.

Go ahead and short Sar and tell us about that,it would be more interesting and relevant.

You have missed the boat if you believe shorting is a good idea.

A good day all on all RF will not have many more shares left and around Thursday next week at the latest they will recieve discounted shares to the value of 220k.

Bye bye Riverfort.

Then we await news on SDC1801 basically to state we are in a position to progress to phase 2a trials.

With Riverfort clawhammer coated out of the door, it will open up on licensing, and partnership avenues and you cannot rule out a buyout offer within next 12 months.