Member Info for swizz

Forest Hills?.....GL S

A decent sized delayed buy just notified,...GL S

854,922 from first thing this morning.

Well someone has taken advantage and picked them all up today, also tracked through NEX, it does make you wonder why they use that exchange, it may be an idea for the company to move away from NEX?,......GL S

Key date 13.11.2018!

http://widecellsgroup.com/docs/NoticeOfGeneralMeeting2018.pdf

Cheers Stuart.

I would as well,....GL S

Nice one Stuy1, you very much sense this is a business that got ahead of itself and lost their way, both operationally and commercially, but Peter Presland’s more recent activity is clearly more structured and you can start to understand why Align have stepped away from the EGM requisition, rather than creating unnecessary distractions at a key stage,

Alternative funding has to be the key priority now and in light of recent news and the material reduction of £400k of overhead, this will alter the amount of funds needed, if we also see the Smarcellls deal deliverying meaningful contribution in the short term, I am sure funding options will open up, for all we know they may have already done so?and the recent measures could potentially be conditions applied to that new funding,

Once (and if) the recent equity swap and bond/clon arrangements are cancelled and based on the tone of the GM RNS, hopefully a lot of work is going on in the background to unravel the company from that finance deal, we could finally see the business a lot of people believe is there and with their IP being so exceptional and unlike anyone else in this space, big reward could be within their grasp, but big risk is also very apt, Cheers S.

Btw - I note you are on Twitter, is there a discussion group for WDC?

Interesting to note they are not flooding the mkt and are taking a considered approach, I wonder if they sense the deal will be voted down?,....GL S

It would appear the tone of the comm's the new BOD are having second thoughts, hopefully another measure that Peter Presland is going to ensure is i place, as in alternative funding,.....GL S

"The GM has been called for the purpose of considering and, if thought fit, passing resolutions in connection with the Financing Agreement announced on 27 September 2018"

Too right I am, there is both buys and sells, that is why it is called a market, but you raise a fair point regarding the clon, but don’t let it make you believe, that you need to come on hear, completely out of the blue and preach to others.

Off course they have a purpose, it is a material change in the business position, a circa £400k PA saving, for a circa £400k mkt cap, does indeed need to be notified.

... “In addition, the Company has closed Wideacademy's London office and has brought the division into the Manchester head office, thereby making annualised savings of approximately £400,000 pa.”

The Group's CEO, João Andrade, said, "I'd like to thank Alan Greenberg for his dedication to WideCells and I wish him all the best for the future. The streamlined Board and Wideacademy is now fully focused on increasing sales at our two core divisions - CellPlan, the world's first stem cell healthcare insurance plan; and WideCells, focused on stem cell storage and, research, in order to generate value for our shareholders."

Jd, Spot on and further demonstrates that the recovery measures that Peter Presland is putting in place, are having a material affect on turning the company around, it probably underlines why the likes of Miton and other major holders are continuing to support, hopefully more of the same to follow, along with being leaner and meaner, it may just open the door for other funding routes,....KEP,....GL S

Good to note Miton are still in full support of the company and it also underlines the recent update from Align, that the major holders were supporting the various measures that Peter Presland was putting in place to turn things around,.......GL S

I think a few posts have also disappeared today, I am sure I saw someone mention some thoughts that they had,...GL S

There is a suggestion in some quarters that is exactly what they are looking at, it would be good if Presland could confirm if there is any substance to those suggestions, that may at least put a more solid floor under the share price,....GL S

Cantors appear intent on selling it short, hopefully they will take a good kicking if Presland pulls a rabbit out of his hat,......GL S

Along with the BOD shake up and taking control, Presland needs to confirm he is looking at killing the clon deal, an alternative needs to be found, any sniff of an alternative and then we have boom time, .....GLS

I would suggest that could potentially be Align moving on, as in the 2 x 2.5m at 0.3p, now they have dropped the EGM requisition,.....GL S

You sense it won't, its probably why they have cashed their chips so soon after the equity swap,.....GL S