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ABN Amro finance chief quits in middle of takeover battle � Surprise departure raises speculation of board split � British-born banker leaves with �6.8m payoff Jill Treanor View more sharing options Shares 0 The finance director of ABN Amro, the Dutch bank at the centre of the world's biggest financial services takeover, suddenly announced his resignation yesterday, even though the outcome of the �49bn battle is still far from certain. British-born Hugh Scott-Barrett could walk away with �10m (�6.8m) in cash and shares when he leaves ABN Amro on August 1. However, he might have been able to pick up a higher final pay cheque had he waited to be made redundant by whichever of the Dutch bank's suitors proves victorious. Mr Scott-Barrett, an investment banker by background, had not been offered the finance director role by Barclays, which has agreed a �45bn takeover of the Dutch bank. It is not clear what position he might be offered if a consortium led by Royal Bank of Scotland pushes on with its proposal, rejected by the ABN Amro board, to offer �49bn for the Dutch bank and break it up. Guardian Today: the headlines, the analysis, the debate - sent direct to you Read more He described his decision to resign as a "logical step". Even so, analysts were surprised by his decision to leave in the middle of what is proving to be a complex bid battle where the expertise and experience of the finance director will be missed. "Given the expected change in ownership of ABN Amro this is an opportune moment for me to look at my future and explore new opportunities in my career," Mr Scott-Barrett said. A combined Barclays-ABN Amro would give the finance director role to Chris Lucas, the new finance director of Barclays who has just arrived to replace Naguib Kheraj. Mr Kheraj, who announced his resignation as finance director before the ABN Amro talks, has stayed on at Barclays to help in negotiations with the Dutch. Amid speculation of a boardroom split at ABN Amro, the chief executive, Rijkman Groenink, indicated he was disappointed at the finance director's departure.

I don't have any chartist predictions!! But what I will say,,,,,,,,,,is to keep a close eye out for the BLUE buys and sells on here, ,,,, as more than not !! Money speaks louder than words!!!. And coming up to a highly anticipated major announcement which may or may not send our share price skyrocketing, ,,,,,,, it's quite common to get licencing deal leaks ,,,Secretaries,,,,,,lawyers,,,,,,hired in negotiators,,,,,,,,disgruntled ex staff,,,,,,, and just gready people who want easy money ,,,,,,desperate people do desperate things,,,,,,,,and in the pursuit of money any law or stock market protocol can and is frequently broken......... So as I say the clues are normally found within the BUYS &SELLS .......and even historically speaking futura medical had plenty of clues to corporate activities in the BUYS& SELLS long before any RNS announcements........ AIMHO. GLA,,,,,,,,,

Chrisjc. Thank you for sharing that information with us all here. And it would be a good thing if Derek martin excited in a amicably way, and he goes on to achieve a job more suited to his talents, Daringinvestor,,,,,,,,,,it's unexpected spelling mistakes that can bring horror and laughter at the same time. Hopefully not to many,??,,,,,between post from my small mobile and a old tablet ,I never know what my post will look like until I read them !!! GLA ,,,,,,,

Sorry about the auto speller !!! The last few lines have me perplexed at what went in there, I really should check before I post....LOL LOL

chrisjc I'm not sure a major shareholder can demand that Derek martin resign his post unless he's broken his service contract in some way. He has worked for 10 years and had no complaints that I'm aware off. They can I guess put pressure on James barder to up his game and hire the staff needed to progress the company in different ways, and I struggle to see JB. sack a long serving good employee because he's lacking any qualifications , I would imagine because futura is a virtual small biotech company , because there's so few employees they would be closer than a larger company with hundreds of staff. Resulting in JB standing by Derek martin??, but that's just my view, if you heard different I would be very interested to see the evidence other than hear say?? But that's not to say your assertion isn't completely true. So a material event took place in Oct/ Dec could that be Derek martin informing JB that he's leaving early in the new year? And JB having to change his priorities around signing licencing deals as a new FD really is a serious priority with a PLC. Angela hildrith left her old post on the second of Dec I guess to take Derek Martin's role, so that problem was solved quickly enough, so there must also have been another material event that took place around that time to derail a licencing deal for our MED GEL. a big enough one to keep us waiting another 3 +months, and JB knew us the shareholders were eagerly waiting on that licencing deal news, and he probably wanted it as a early Xmas present for us the long suffering shareholders. It would be very interesting to find out from any inspector clouseaus out there, we're Derek went, as long as it's not of a personal nature. As of people wondering about the results coming 2 weeks earlier than last year I'm not reading anything into that as this does historically fluctuate over a 2 week period anyway . And it's also not uncommon for a financial director to start there job only to loose it with a takeover just months after starting, at least they should have a service contract to fall back on. I've seen some FD do extremely well out of a few months work. After a takeover...and walking away laughing up their sleeves. There's so much good news coming in the form of numerous licencing deals and up front payments, and at last, major industry players putting up millions for our trials and milestone payments, that indeed th he fund Billy starting and as JB says exciting times lay ahead,,,,,,,,,,,AIMHO.......GLA

Backinblak It's interesting to get interesting thoughts and views and even better when them views are challenged and that person respectfully acknowledges they could be wrong, so a big respect to you sir...... After Angela hildriths appointment it's now less likely than more likely to get a takeover offer at this point in time, but that can change quickly after the results and PK study results come out. I think James barder done a great job with the instant transition of the new FD, And naturally avoiding conspiracy theories and uncertainty for our company. It's always a awkward situation , as it could involve serious health problems that a private person would be distressed about sharing any information about, or he just wants a complete change of job , after 10 years in office he might have been given a job more suitable to his talents?!!. Angela hildrith one of her credentials is online selling and planning? Could this possibly involve going solo in selling our condom ourselves online and reaping the full royalties ourselves? Just a thought?!! I don't know what's going to happen and I guess we are all in the same boat , But it's pretty certain we are going to sign a major deal in some shape or form, And the company signing that deal would have to be really serious about our MED GEL as they could be spending around 4/5 £million pounds =1800 patients on trial and 2/3 thousand pounds each as a payment + our contribution say £2 million. That's a serious intention coming our way, From a major industry partner.... The Csd condom is selling ,but we desperately need a major industry partner to speed up this process , and we might just have the leaverage now with our MED GEL.. Exciting times ahead.... GLA ....AIMHO

I respect angela hildreth immensely, in 206/7. She sued her deplorable employer and large restaurant and Beverages company, who we're aghast that angela became pregnant, and ask her to choose between her baby or job and tried to pressurise her out of her job, absolutely deplorable behaviour. She sued and won after proving. her case, to stress a pregnant woman like that is a monstrous act. And Angel must have courage and strength to take them deplorables on in court. She went on to progress her career with that strength of character. And she left shield therapeutic. Just at the right time as the company is struggling and lay offs look inevitable. Angel has many strengths to draw upon and I believe will be of great benefit to futura and its fortunes........GLA.

I believe the quick switch over of FINANCIAL DIRECTORS can indeed be to minimize the uncertainty of Mr Martin's exit, the quicker it's done the quicker the company can get back to normality , and avoid a SP damaging uncertainty, Now who says theirs no leeks ?but did the large sell off yesterday have any insider dealing associated with it??? Yes there is no factual reasons to assume a takeover,,,,,,,,,just mainly circumstantial ones, but they are of a reasonable nature to not ignore them out of hand. There is a lot of small biotechs at phase 1 and phase 3 trials being bought out at substantial prices right now, and yes indeed why not futura medical it encompasses most of the takeover criteria the big majors are looking for. So yes it should be on investors minds as our exit strategy here. We invested in futura to make money not donate to our favourite charity..........AIMHO,,,,,,,,,,GLA

The FD. departure does pose some questions , especially so close to some major announcements, Yes most senior management would receive a severance package dependent on their working contract. But quite often if they have been offered another post, the new employer's will compensate them for any possible loss, and the old employer will pay its own severance package or ex gratia payment...and more so if that person has worked for 10 + years and may be loosing there jobs anyway???. The new FD. it has been known for companies to hire in a temporary FD. In a situation were the whole company is being acquired by another. Some staff are so upset at the loss they just take the first decent offer that comes there way, it's common practice to keep information from staff ,to stop them leaving Because of a takeover, as the news can be very traumatic to employees with mortgages and bills to pay, And a more secure position is sought to safeguard their own financial obligations........if you were loosing your job ,would you stay for a possible unknown severance package, or guaranteed New job that pays your bills without any risk, some would some wouldn't? But it's very interesting for all this to happen just at a key moment in futuras fortunes, And for it not to be flagged up with more notice to investors, the old FD might have known for a long time that he was signing off his last accounts for us and kept it untill the last moment so to speak, but the speed and the timming of his replacement is strange ??? And the new FD. Is she temporary or a great new long term post with a eye on the CEO 's seat? ,,,,,,,,,just me thinking out loud,,,,GLA

Another indicator I'm watching closely is any large buys like the 47000 one at 0905 hrs and leading up to a big announcement in a few weeks, if there is any leeks then the recipients of the leeks will be probably buying larger than normal amounts of stock. As they get desperate and greedy.. It's going to be a exciting few weeks one way or the other........GLA

Backinblak.......my last post says one of the indicators of a takeover, is management jumping ship, This is a factual statement and meant to possible inform investors of indicators to watch out for, it's not a claim that a takeover is by any means certain or even on the table, but to say a takeover couldn't be further from the truth as you say is in itself at this point in time a untruth. I do appreciate your honesty and views , but I would like my own views to be aired honestly and not misunderstood as I think you have done. Hopefully we can all benefit from each other's opinions and theories and make our fortunes. sometimes by putting our theories out their on these forums we can flush out any possible takeover Situations. Or new strategic directions a company might take. OIMHO. GLA

Pzifer would be a incredible fit for Med2005 and the condom,,,,,, to have the viagra pill ,,,,,the viagra csd condom The viagra med gel,,,,,,, in their stable of products , would be a very lucrative proposal........ the amount of sales strategies you could employ with these 3 great products would be a world beating combination,,,,, It doesn't take a genius to see how lucrative it would be for all concerned. But I'm guessing that there could very well be several predatory eyes looking at futura medical as a small biotech Bolton,,,,,,,,, if just a few wanted futura, the price could be substantial , as some of the major players are over paying to gain traction in different areas of their market, as seen by sanofi snapping up multiple small biotechs for a substantially higher price than the norm. Another thing ? when was the last time you seen our market makers mark futuras SP up 4.19% when.... 415000 shares were sold against 209000 shares bought. It's been my experience that when that happens they are strongly expecting good news or there's a corporate announcement on the way? GLA. AIMHO.

The market makers don't. Start sucking in all them shares for no reason and paying top dollar, even they known theirs something big comming ,,,,,,,,,the odds that futuras SP is going to hit historical highs IS Very high ,,,,,,,,,I'm sitting on 55% profit as of this minute and I've no intention of selling even one share,,,and that goes against my usual trading pattern,,,,,,, GLA,,,,,,,

Would it only be reasonable to expect at SP of between 50p or 60p by Friday.... The current prospects for futura make todays valuation look ridiculously low,,,,,,IMHO GLA,,,,,,,,,,,,

Another thing. Corporate. DUE Diligence will take approximately. 2/4 months,,,,,,,,,,,,when was our MED2005 gel licence meant to be signed for 2+ months ago ,,,,,,,so many questions with to few answers in my opinion.,,,,,,,but James barder seems quite, but more happier than recent years,,,, how many shares does he own now. 1478830. That would make a nice pension pot right now? GLA

Last year James barder stated that the reason futura were going for a early licencing deal with our med2005 GEL,,,, was because that's what the market was asking for,,,,, , and in every interview he done he seemed very relaxed and comfortable at reassuring investor's that we would sign that deal ,,,,, In his proactive interview he states,,,,,,,,,,,,We are targeting a deal by the end of the year,,,,,,2017,,,,,, And that still very much remains the situation,,,,,,,,,,,,,,,,and we have a number of ongoing discussion on that. We expect to update the market market and shareholders in the next month or so,,,,,that was in late October 2017,,,,,,,,, regarding the low share price at the time,,,,, JB,,,,,said they are working real hard at turning that around,,,,,,,,,,,,,,is that a early clue??? Now for futura to be working real hard at signing a deal and seemed very confident and relaxed about delivering that deal in December 2017,,,, and having the expertise of a outsourced specialist deal making team working on this !!! ,,,,,And that deal making team obviously keeping futuras. CEO. JB,,,. well informed on a daly briefing about any developments on our MED2005 GEL licencing JB,,,,, would never have been that sure about telling the market that we should sign a deal in December. If his specialist team hadn't indicated that to him directly ,,,,,,,,, So what was presented to futura medical that made them delay the signing of that deal for another 3+ months,,,,,,,,remember futura would normally be in the driving seat with its unrivalled fast acting New product our MED GEL,, and has many suitors trying to sign on the dotted line for it,,,,,,,so either we have a 3 month delayed offer for the whole company, or we have a great deal from a major industry player,,,,,,and James Barder is more than pleased with waiting another 3+ months to reveal that deal,,,,,,,,,,remember something? he didn't indicate or clarify with his own shareholders why he had to delay signing the MED2005 license, just as we had expected a early Xmas present from the company regarding that signed deal,,,,,,,,,,,,so a material event took place ? Before xmas last year ,,,,And contrary to releasing that to shareholders as JB has always done??? He can't reveal what this material event was ??? But it was of sufficient importance to derail our sharp shooting specialist hired in negotiators who nearly recommended a signed a deal for our MED2005 GEL last December, My guess is that if it's a great deal we're getting then the shares will get a good run up towards that announcement,,,,,,,, a takeover or a very lucrative major industry players licencing fee,,,,,,,, To quote JAMES Barder.,,,, There's. Exciting times ahead,,,,,,,GLA ,,,,,,,,,AIMHO

Fum have just steadily gained all week,,,,,,,,and what a great rewarding week it was,,,,,,,,, There's every possibility that fum will rise to..... or over 50p by the time it releases its results and announces Who the lucky New licensee is ,,,, or who our new owners are??? Will it be pzifer?? GSK,,,,,, RECKITT BENCKISER ,,,,,,,, or some new start up company owned by Chinese money,,,,,,I don't mind who shows us there money as long as it's a fair and reasonable offer for the company or licenses............ As for the news on globe news wire today about APRICUS BIOSCIENCES erectile cream failing big time with the FDA in the usa,,,, I have studied this product for some time and its awkward to use,,,, greasy,,,,,,,unpleasant side effects,,,,, Transfers to sexual partners easily ,,,,,,,,and takes a lot of careful planning to administer,,,,,,,,and careful planning to make sure your partner doesn't get any of its greasy contents on there bodies,,,,,,,and the delay to your erection can vary massively,,,,,,,,and also and more importantly the percentage of people it doesn't Help achieve a erection with,,, is very high compared to the MED2005 Gel and that really took me by surprise,,,,,,,,,so it's no wonder the FDA sent it back to the drawing board,,,,,,, if it's performing so badly with It's 2.5 of its active ingredients and the FDA are concerned about how high that active ingredient is,, then surly by reducing that active ingredient would render it a extremely low percentage erection enhancer,,,,,,,,in other words it's useless ...... Compared to MED2005 a clear non greasy GEL quickly and easily absorbed through the skin with our Derma system,,,,,,,,with a very quick erection time in fact the fastest in the world ,,,,,,,,,and with a very high percentage of users achieving a strong erection ,and nothing yet can compare to its performance,,,,,,,,,,,and a Very low transference to one's partner because of its fast absorption through the skin, and a safety profile that even viagra can't match,,,,,,,,,,the safety data on its active ingredients has been proven over 40+ years And it shouldn't have any difficulty getting passed through any regulatory hurdles............if our CSD500 condom with nearly the same active ingredients can get through, then the MED GEL should find it even easier but not necessarily faster............ I'm wondering how high our share price will hit before our results and loads of great news that's comming our way..............GLA.

https://www.thundersplace.org/male-supplements/glycerynl-trinitrate.html Check this site out , go well down these people's accounts of their experiences of useing viagra and Glycerynl trinitrate the active ingredients in our MED2005 gel , and what they are saying is they are sexually performing like they were back in their youth , combining the two medications together and useing low dose viagra........a perfect example of........if you want to be successful give people what they want......... They are consistently saying our active ingredient in our MED2005 gel is doing a great job and enhancing there sex lives .......... what was that question again.......why would pzifer want to buy our company..... GLA.

Why did futura not update the market on several occasions about the csd500 condom ,when futura shareholders were expecting a update?...........And why after many assurances about signing for a major MED GEL licencing deal before Xmas........did it suddenly and unexpectedly get put back several months And why after expecting more pain med licensing deals by now have we heard nothing ???.... And how often have we seen takeover offers been held back until a companies results were out of the way. ITS all speculative but very plausible........and if something seems plausible then it's more ......likely ......than unlikely..........and if it makes good bussiness since ....then .......its much more likely.......... Even if pzifer didn't table a offer???, just by signing them up for selling any of our products would send futuras value and share price up substantially to possibly a historical high............. And how easily could pzifer afford futura.......well pzifer a company valued at. �147 billion wouldn't hesitate to pay a few hundred million � to safeguard its future revenue stream....... It's not often a company like futura go's into a 3rd trial with a product that's understood and has a very long and extensive medical safety record, and can be backed up with the the safety data generated from the csd 500 condom .........it's not a wonder most of the major medical companies have shown interest. And is it just a coincidence that everything's been strange ?? around futura medical?? from the delays to the signing of the game Changing contracts for our MED GEL ........ Well we will find out very soon??? IMHO GLA.

I can't believe this coincidence !!!! For the last two weeks I have been thinking to myself that if pzifer bought The MED 2005 GEL and the csd500 condom and rebranded them with viagras name ? The sales of both theses products would be absolutely massive ........ the viagra condom ........and the viagra Erection GEL.. Honestly it makes very good sence putting futura and pzifer together ,and not because I'm a futura shareholder.......... because both companies could very seriously benefit from it. And I reiterate that's exactly what I've been thinking about for the last two weeks......... And it is a strong possibility that pzifer have a keen interest in futuras MED2005 GEL and even the condom. It shouldn't be to long before we find out what major company has signed with futura regarding its sexual Health products??? If I'm thinking pzifer and futura go well together ?? Maybe they are also thinking that ......TO....... ???