Member Info for Sangijuelas1

That's nice that he got one of the care home staff to recommend his post

Again you are making accusations of market abuse against an individual.

You really need to watch your mouth.

Can you stop by the pharmacy for his meds as well?

You are accusing someone of criminal activity with a jail sentence Crl.

So you are committing libel.

Sorry Thunks I hadn't had my breakfast and I was just imagining how much small investor capital has been burned here and other pharma micro caps of late.

It's not just the fanciful thinking but the fact that the market is rigged. If you aren't clued up and able to respond to warning signs it's a minefield.

I know I would have been looking at an eye-watering loss if I hadn't got out when I did.

I really hope people who have stuck with it get a decent outcome. And at the moment the best outcome would be a successful large raise that buys more time.

I would probably do the same if Katie was interviewing me

Down more than BTC since the start of the year

Happiness comes from within. Not from external factors.

Why don't you write a gratitude list?

So you invested 2 years ago around about the time of the Blautix P2 results.

And you expect it to be on the market and generating income already.

Then you are clueless.

A P3 trial would have taken 18-24 months.

Seres finished a P3 trial around the same time Blautix finished P2 in 2020.

They are going to file an application for approval soon and hope to get it on the market next year.

Don't invest in biotech if you have no idea what timescales are involved.

4D have also said that Blautix is of little interest to them other than as a potential candidate for outlicensing.

They see it as a legacy program from the time before they developed 0518.

It was mentioned on the presentation yesterday so maybe watch that for the latest update

Why are people ignoring what is clearly stated in the annual report?

It says they require $45m to fund the next 18 months beginning Q4.

That is why they need to be able to raise 100% of share capital.

They spend about £2m a month and they intend to start 4 further trials.

No one at the company is talking about "bridge financing".

MHB all this might sound great in your head but I don't know what experience you have of running a Nasdaq listed biotech.

Funnily enough I think if they did raise the cash they need the SP would actually go up as people would be able to invest knowing that they are less likely to go bust.

The company did nothing more today than restate information that was already provided in the annual report and the notes to the AGM.

It's not the company's fault that people can't be bothered to read and digest the contents.

And people expected them to pull a rabbit out of the hat. Why? It was clear that the only reason they did the Q&A was because shareholders were talking about voting against the fundraise and salary resolutions.

I can see Oliveira's sell off in a different light now. Yeah he lost cash on Forte but he would have been aware of the loan agreement terms and the fundraising plans since July last year.

I don't understand how people can think that because they are down they can't sell at a loss, regardless of the prospects of the investment.

I mean I have steep losses in some stocks at the moment but I am fairly confident they will have time to recover.

It's like deciding to stay on the Titanic because you bought a trip to New York and not wanting to waste the money you spent on the ticket.

Sometimes you have to admit that you made a mistake and take the hit.

It seems people prefer to huddle together in an echo chamber listening to copious amounts of hopium. Whilst screaming at the heretic that is offering a balanced critique.

They will wait to buy it off the administrators

Mentioned on this video from Aug 2020
https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/927610

Duncan said it in an interview and it was also referenced in an article and in an old investor presentation

They are always talking to someone about something and nothing ever comes of it.

Well he said the Blautix results had a lot of companies showing interest and that was 2 years ago.

Whatever he says you need to take with a pinch of salt.

He also said 2 years ago they were talking to the FDA about fast track approval pathways for 0518.

Or nearly 90 days ago they were talking to Oxford.

I think they are the voices in his head

So how exactly is Covid holding up the Bavencio trial?

And what did they say about the FDA not recognising IBS?

Are the shorters in the room with you now Porky?

Ok Porky good luck son