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If so where is the revenue coming from to offset the cash burn? How will the lab be achieved near term? Only two weeks away from the SOI anniversary. Not cause for celebration in fact how can anybody defend this.
@Valtree, yes saw it. Personally am concerned about the lab, Thx deal and 201 longevity.
When does the 201 patent run out?
Over 10 months on. Nothing known about them. No consultancy fees paid. In the shadows. How much are they raising? How many projects? Why the delay? Why the missed deadlines? Why is the trial stopped? What happens if this deal completely collapses?
Be careful out there. Lots of celebrations without anything meaningful. The rampathon could stall very quickly. Watch the retrace. And besides many here are holding averages way bigger than the current SP. So celebrating a reduced loss. LOL.
Thanks for the reply. I think you have missed off the weakness of Thx. 10 months and funding still has failed to complete. They hide in the shadows. We don’t know anything about them or their funding plans, scale of operations, etc. Most notably they appear to have failed to provide the consultancy fees to Valirx as promised, so they couldn’t find the peanuts to pay Valirx yet we continue to believe in them. IMVHO it indicates Valirx are desperate and willing to hang onto Thx because of no alternative. I am also concerned by the strength of the team. How do we expect them to commercialise anything if they can’t deliver 201. Other weaknesses include; Why have all trials stopped? When do the patents expire? Tha lab plan needs funding so where is that coming from?
I saw your post yesterday where you corrected somebody calling you a Doctor. It whiffed of arrogance like much of your posting. I actually felt embarrassed for you. You have a list of fans here who follow your every move. Trouble for them is that’s been the case for a long time and as the share price was decimated. I’d be interested in a post from you which reflects the bear case not simply a ramping. That’s when I’ll tune into your more but I guess you’re balls deep in this mess so I’ll have a long wait.
As I predicted slowly but surely this is retracing back down. 10 months on from the SOI and nothing confirmed. Lots of hype but nothing meaningful and the strategy remains to pursue a lab. How will that be funded? What price?
Sadly IMVHO many people would have bought today dragged in by the hype here. It’s retracing, slowly but surely I suspect all the way back down. So what happens with the lab fundraise? What then?
IMVHO it’s clear the strategy is to secure a lab and become profit making rather than losing. I like this strategy. The focus should be how much will that cost and how low will any placing be to secure one. I think 5-6p. The rampy squad won’t like that view but balance here is not appreciated.
Views on how much a lab would cost and the impact to the share price if this was proceeded with now?
Over 300 days of nothingness since the SOI. Has anything progressed?
No @Rhubarbmk2 we do not agree. If either of things happen any raise will be far below 6p. God help us if both happen.
@Rhubarbmk2 you’re joking right? If the 201 deal fails and / or the patent expires what do you think will happen to the share price? It will haemorrhage. Add to that what happens when the board decide to fund the Lab? At a time of a weak share price and no 201 income. If either of these things happen IMVHO we are looking at a substantially inferior share price than 6p. If both happen it’s fractions of a 6p value.
Thank you for calling out the rampers. We need more balance on this board. God knows how much damage they do to unsuspecting PIs finances. 291 days since the SOI and still they incessantly ramp the deal within weeks, etc etc.
@Iceman888 You said we’d end up blue. Care to admit you were totally wrong again?
@PM2022 you never let me down. Along within minutes to so very robustly prove my point.
Many a poster here is underwater. Some massively so. Understandably it causes stress and desperation and reveals itself in constant ramping and the most extreme version of nonsense. But think about what you’re doing. You are just trying to lure people in to the position you find yourself in. If the company was that good you wouldn’t need to post anyhow.
I don’t know what’s worse. 289 days without a deal or the relentless rampathon. I ask the rampy squad to post genuine concerns they have about the current position. Let’s hear from @PM2022 and @Iceman888. Get some credibility and give balance to your posting.
A nothing RNS which IMVHO indicates the 201 deal is nowhere near ready. Otherwise why need it? Yet the rampy squad are fully employed all day posting and posting and posting the biggest load of tosh. One has to wonder why. Don’t be fooled.
And coming on Day 288 after SOI. Day 287 after SOI. No meaningful news. No deal. Yet the rampy squad are already in full flow and will be throughout the day and evening. No reality. No balance. No clue.