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Debt levels have increased substantially. Net debt now £1.2 billion compared to 700mil ish a year ago .

The consolidated shares have been factored in Bubba.

Yeah the point is by December this will have around 1.9 to 2p in cash. However that is not for the equity.

Well good luck and see ya!

Whose the clown bubba. lol

Probably those that bought at 40p.

Read further:

Following the Bonus Issue, the issued share capital of the Company consisted of 541,350,000 shares,

consisting of (i) 373,350,000 Ordinary Shares, (ii) 167,999,994 A Shares and (iii) 6 Golden Shares.

As a result of the Bonus Issue, the Company’s share premium account increased by £45,112.50 which,

when capitalised and added to the existing share capital, gave a total nominal value of £54,135.

Following the Bonus Issue, the Company resolved to re-register as a plc on 6 May 2021.

On 24 May 2021 the 6 Golden Shares and the 167,999,994 A Shares were converted into Ordinary Shares,

on a one-for-one basis, resulting in a share capital of 541,350,000 ordinary shares of £0.0001 each

(“Conversion”).

The 541,350,000 ordinary shares of £0.0001 each were then consolidated into 90,225,000 ordinary shares

of £0.0006 on 24 May 2021.

Immediately following the Conversion, EKF held one ordinary share of £0.0001, which it subsequently

transferred to HOH Charitable Trust (charity number 1193599 on 24 May 2021.

Https://trellus.nyc3.cdn.digitaloceanspaces.com/Trellus-Health-Admission-Document.pdf

SHARE CAPITAL OF THE COMPANY

The Company was incorporated with 62,000,000 ordinary shares of £0.0001 each.

On 20 August 2020, a further 27,999,999 A Shares of £0.0001 each and 1 Golden Share of £0.0001

were issued.

Founders paid 0.1p for their shares.

So they still are at significant profit.

Institutions are dumb.

Lol

Is that possible?

From another major website it looks like their primary tech has been downloaded only 100 times?

Is that correct?

They are burning around $8million per annum or around $650k to $700k per month.

They had $8mill left at the end on June. By the end of October on a conservative basis they will have left around $5.4mill in cash or £4.1million GBP.

That is a share price in cash of around 2.5p.

They will spend that at speed.

Burnt through i think around $22 million dollars. They have probably now around 2p in cash.

There is a big BUT.

Equity holders will get to see nowt.

Why?

Because there is nothing here but a cash shell and the management are spending it as fast as they can.

Feel free to trade it as it may be possible however.

If they continue on current trajectory they will have end of Dec 2024 around $4.5 to $4.6million dollars left.

Or 2.1p per share in cash.

Singer have booked a right dud!

Wadogara they are burning around $600k per month. The $8mill figure was for June this year so I suspect around $6.2 to $6.3 left. That equates to around £4.6/7 million left.

Which is around cash of 2.9p per share now or today.

Its ridiculous.,

Patient uptake is coincided with time i.e. the longer it goes on the depletion of any cash accelerates.

Its a Joke.

Looks like they want cash to zero.

Extended patient uptake. No number hence looks like very low uptake.

Current cash would imagine is around 3.5p. or lower now.

Https://www.youtube.com/watch?v=iUN5JRjjNOs

Interview out. Let me know what you think.

There is still time to offload this rubbish business. They are burning $8mill a year with $8mill left at June this year.

Still trying to get patients to participate in Trellus.

After 3 years it is still a small sample and free.

They were supposed to have patients under management 3 years ago.

What happened? now they are giving the software away for free.

50K Sales is depressing and you know no one wants it when you are giving the software away for free. its not a biophrama company it is a tech healthcare company with additional services.

Did you see the admin figure of $4mill for $50k worth of sales.

If you work for this company you are lucky. You don't have to do anything. If you are a shareholders of equity it is likely to go to zero unless they get rid of this business.

At the rate of cash burn I will be very lucky to see 3p if that ever materialises. I suspect if they did return cash there could be additional costs which would further deplete cash.

They have spent over $20million for a party.

Blue start. Market makers have ,marked up.