Member Info for The.Italian

personally don't expect any firm bid figures for several weeks.yesterdays RNS seemed fairly clearly to suggest that PHD are embarking on a process that they expect to last some time. presumably the purpose of the waivers is to allow this process to continue as long a PHD deem appropriate to secure the best price.just my opinion and obviously something could happen to precipitate a sudden conclusion to the process but otherwise i expect several weeks of this ongoing process.aimo

slight strengthening on level 2.fingers crossed that we finish a little higher today.doesnt really matter whether we do or not but its nice to see momentum maintained

private ryan i think thats quite an interesting way of looking at things.lets see what happens over next few weeks.

i'll second that!

all resolutions duly passed so we move on to the next stage.news of aussie tax payment by end of week?

its on the London Stock Exchange website.they hold 2.63%

good man Kettle.keep it up!

fatherelmer i certainly wouldn't disagree with you.i suppose what i am trying to say is that it feels as though VRS has reached the stage,and valuation,where the market seems to expect something more than LOIs and MOUs,something with more detail or solidity to it.i accept that an actual launch would fit this bill and provided some meaningful figures could be projected from the detail then hopefully it would produce a sustainable rise.i suspect that without figures or the detail to enable a realistic projection to be made it might be difficult to sustain a rise.hope we get such news and feeling confident that we will.aimo

wishedbortum presumably you've had a look on ADVFN where there has been some limited feedback.lots of talk of NDAs imposed by host not VRS apparently.not really sure what to make of it.market reaction seems fairly muted as also to todays announcement.feels like its news of actual sales with figures etc that is the next requirement to push s/p up.

davidelliott as my post makes completely clear i was expecting a fall.my feeling,as mirrored by LedZepper,was that the size of the fall was greater than the detail in the RNS would appear to warrant.

is anyone else puzzled by the size of todays fall ?Revenue slightly down but cash in hand up a bit so whilst not good update certainly not too bad either imo.would have expected a much more modest drop

looks like excellent news.pretty much everyone seems very excited on the ADVFN board.no doubt there will be some clarification later today from the PIs chosen to attend the event today.should see some reasonable s/p increase imo

afternoon bignose.completely agree.looked like we were heading towards 0.215 but actually ended with more buys than sells.usual low volume so really just drifting.keith asks (rhetorically i suspect )for reasons and one i think is that which you have mentioned several times and its the failure to address the likely negative effect on sales of reluctance to seek treatment through embarrassment etc. i think we all realised this was going to be a factor but felt it was trumped by the sheer number of potential sufferers and the wide market.you have rightly criticised the board for carrying out insufficient market research and by implication taking too roseate a view of prospects.constant failure to adhere to time lines etc hasnt helped nor has the slow progress re FDA .i know I'm just repeating what has already been said many times so apologies for that.i really do hope we get some new blood on the BOD as a transfusion is sorely needed.will be relieved when the CLNs go through as at least it will give some breathing space for the next stage ,whatever it may be, to develop.

keithbfk and bignose i completely agree with you.i hope we are all wrong but as i posted before they seem to be flailing around without reel direction.as you say bignose yooya would have given them an online retailing position and this was why i was feeling quite positive about it as i hoped it would give them a fairly immediate source of revenue albeit small to start with which would have helped with the cash position. they would have needed to source products but that seemed to be part of the plan.as you say its not at all clear what they have in mind here and it does smack of chasing the next big thing.there are i gather a great many cbd producers so I'm feeling bit of deja vu as its reminiscent for me of the dotcom bubble and the plethora(sorry) of would be internet service providers most of whom disappeared without trace.hope I'm wrong but i entirely agree that even if they get into a potentially profitable niche do they have the abilities and competencies to bring it off?glad no announcement today so presumably this means the CLNs are still on track and I'm hopeful that abony will still be put on the board and that Costanzo will take some interest as an investor.costanzo worked for uber and is probably used to seeing results delivered so lets hope for a culture shock for jamie and a shake up of the applecart.does this new approach tie in with the "already identified and significantly diligenced (arghh!) acquisition and investment opportunities" already referred to in the circular?perhaps not as this seems a different area of operation but we need more detail.

rooster not sure if this is any help but have you tried contacting HSBC.i think they have specialist hong kong dealing services.not sure how helpful they would be for a one off and in certificated form but they may be able to point you in the right direction

agreed rupertsmum.very encouraging!

yes.very encouraging to see the gain held into the close.this kind of steady progress suggests solid foundations which are vital if the former heights are to be regained.

rhumba exactly.i think if i hear once more the plaintive cry of "foul" in relation to the mms i shall go mad!they are not here to be our friends!

thanks for putting my mind at rest Bothwell.didnt think i had imagined it .seemed a perfectly innocuous post to me which is why i mentioned it.

agree bignose it does look al little suspicious to me.yes trading pattern has been a little od.i think it was wednesday when there were over 50trades (quite a lot for rp on a low volume day which it was)and almost all were sells for 10000 shares.i wonder if we will get a further announcement today after close.i rather hope not as it probably won't be good news.we shall see