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Good lad Twix you know it makes sense.
This offer is a joke, but I feel if we didn’t have an offer, Yorgene wouldn’t be around at the end of the year. Let’s just hope someone comes in with a better offer
Taken from the RNS on the 19th June.
We announced earlier this year that our glioblastoma programme would be conducted as an ISS with non-dilutive funding. This award means that we remain on schedule to deliver this study in close collaboration with Dr Geurts. Congratulations to her and the Evgen team who compiled the grant application. The non-dilutive funding enables us to continue to preserve our capital and maintain our cash runway to the end of 2024 whilst continuing to generate valuable data on SFX-01. If the ISS and subsequent clinical trials succeed, SFX-01 will represent a novel and well tolerated option for patients with this devastating disease."
I’m just amazed at you Twix, last year you commented 10 times a day, sometimes you were the only one commenting and you were slating the company constantly, now all of a sudden you don’t have much to say, and the situation is far worse. Also don’t you also find it strange that Lyn hasn’t commented in ages, probably because he knows he’s possibly in trouble for shouting his mouth off.
I am very surprised at your answer Twix considering you have lost thousands what harm is it so just join the group especially when the company is treading water.
Everyone please join this group. Andyken is trying to get some more old investors so we can take this further, what have you got to loose by joining?
The reason we will struggle to sell it, is the same reason why we’re trying to get rid of it. If we do sell it, it will be for peanuts.
I can’t see Taiwan being sold any time soon.
Not surprised we are down today. Looks like we’re treading water. The two Points that’s stood out for me were that we have 2.8m cash in the bank and the comment the board remains cautiously optimistic about the overall growth prospects for Yourgene.
I’ve spoke to Andrew and suggested we all know that aim needs reforming. Why doesn’t he try and push this through, and what better way to fight this with Yourgene being a prime example, win, win. Totally shocking what’s gone on here. This would take a lot of time and effort thou.
Twix what is you average now?
Twix what a surprise I’m going to call you out. You knew about the placing and I bet at what price. A guy that slated the company for months and then goes quiet. And now doesn’t seem that bothered about what’s happened. I always said you were a friend of Tom Winnifrith and looking back at your billboard discussions, to me says you were in the loop, and I’ve thought this for some time.
Can you tell me how much in bonuses they were paid and when please, I can’t see it? Thank you
Andrew, I’ve sent you an email.
I think Lyn is excellent at his job as a medical professional. He knows all the right people and has lots of contacts and is a very good speaker, but when it comes to figures and running a buisness he has failed miserably, He exaggerates the truth and tells investors what they want to hear, He needs to step down, but not leave.
This purchase to me is a sneaky desperate purchase that is trying to prop up the share price. I emailed Yourgene this morning and told them that Lyn needs to come out and explain his decisions before this goes ahead. I also said that they probably won’t get enough people to take up the share issue, when the price will possibly go lower or to the same price on the open market, so why would people bother. So Barry buys at this price to hopefully get investors to think it’s a good price to get in, keeping the share price up, so the offer looks good and people will take it up. So if Yourgene don’t get the full subscription of shares sold what happens then????
So he doesn’t have to pay for some of his shares because he’s owed money from the company. That old chestnut. How about I invested my hard earned money on statements that were made by Lyn, and now at a loss, where’s my free shares.
Sounds fishy to me
Adam Reynolds, a Director of the Company, intends to subscribe for Director Subscription Shares at the Issue Price, with some of his subscription monies being offset against fees under his service contract owed to him by the Company, further details of which will be announced in due course (the "Fee Shares"). The receipt of Fee Shares would constitute a related party transaction for the purposes of Rule 13 of the AIM Rules by virtue of Adam Reynolds being a Director and therefore a related party (the "Fee Share Transaction"). The Directors independent of the Fee Share Transaction (being all Directors with the exception of Adam Reynolds) consider, having consulted with Cairn Financial Advisers LLP, the Company's nominated adviser for the purposes of the AIM Rules, that the terms of such Fee Share Transaction are fair and reasonable in so far as the Shareholders are concerned.
I thought you would have been going mental, a few months ago you were messaging multiple times a day about how bad this company is. Yet today you seem calm?
Did you get out in time?