Member Info for sphinx100

Has changed this time “share price appreciation “ and change of control”

The Options and the Warrants are subject to performance criteria (including share price appreciation) and they are exercisable, subject to vesting, between 1 April 2027 and 10 years from the date of grant. The Options and Warrants will vest immediately on a change of control of the Company.

Anyway a £100k or so is peanuts to what is at stake with By health ,and now the Dsm deal when they launch . Typical derampers trick to focus on something that really in the long run means nothing .

Some very good press coverage after results ,thought there might be some buying because of that but because of the need for a fund raise I think people are holding back (and I don’t blame them ).

After reading the rns again Dsm definitely have no more stock ! they will be ordering soon I would think .

Nice write up . https://www.lse.co.uk/news/PXS/provexis-doubles-half-year-revenue-and-looks-forward-to-expansion-mrrkskr3rhjtnj3.html

I notice there were no sales mentioned for Q3 Sept - Dec . Is that because they are not good or very good !

First time this has cropped up . “but while the Company remains in a loss-making position and / or significant growth phase, it may need to raise funds in the future to meets its working capital requirements”

Probably

They make it sound as if products have been launched!!

They’re not going to give anything away , it’s too market sensitive for them and Pxs , . Think it will be approved in the new year ,I hope so anyway .

If that is the last of Dsm stock ! then they now have to order new stock from Pxs for their existing customers, the next batch could be much larger even without by health ordering .. !

I’m sure it’s all above board ,just a bit confusing !

I assume as a new production run is needed in the new year ,Dsm have also used all their stock !

Seems to be a positive move funding sorted ,royalty payment made , and Dsm now have an 11% stake ,ready for an offer

I wonder if we would be told even if they got approval, By health had 4 approval s in the first half of the year but I’ve seen nothing about them .!

We know that the revenue will be roughly £800 k . The income from Sept to Dec will be telling ,I’m expecting over £400 k but you know how Pxs always seem to disappoint at results time .

Https://patentscope.wipo.int/search/en/detail.jsf?docId=EP441042555&_cid=P10-M4I3C6-39718-1

I think it’s a lot of hot air anyway !

Major shareholdings Updated today no change

Not enough volume to justify the rise this morning, back to flat at end of play today , unless there’s a big buy coming !

Few buys going through, news maybe !!