Member Info for Uncanny

Interesting PJ that EUDA also up 18% after VAL financing 100% confirm.

Another non-monetary RNS, roll on fund raise.

Grainger, quite.

My guess is that we should hear very shortly, but l wonder how much and at what discount and will there be sufficient investors?

Let’s say for example 12 months money (£175k cash burn pm) at 40 % discount so at 1p would be circa another 250 mn shares issued, so just over 50% dilution.

Everyone knew Ambrose likely had insufficient funds, so no 401 deal 2024 and roll on fund raise :(

NH, l like Mark but this contract put in to perspective pays just 2 weeks of cash burn in total so although a positive, sadly is far from a game changer so feels a bit rampy up to a fund easing as the RNS’s are spewing out like a Volcano.

OB

ME has said they can’t cut things down anymore as moved to one out of town HQ, removed directors - maybe Treherne and Kumar as well but that’s about it l guess. The rest of the costs are necessary to run a plc.

He’s a small time swing trader.

Laura, Jason Pugh LMAO, no far from it!

Has anything happened l am not aware of? - awfully quiet here!

That begs the question as to what is left?

Realistically how much would the lab generate in income when fully functioning (and how long to get that point)?

CLX I like, but how long before this can be monetized in a similar way we hoped for 201 with an upfront payment and milestones?

Does anyone know from the other site what IPR and what this means?:

“No IPR in 201. Val have nothing left there. The IPR is lapsed the results are very far from complete and they don’t have the pre clinical information as they have not maintained payments. Not even sure they know that actually. Above all none of them know who does hold the information“

Which website?

Val is fine?

Predictive text….

“like CLX and ME and the more corporate savvy board with skin in the game’

Laura, untrustworthy? I don’t post on a BB for recognition or credibility, LOL - how shallow is that!

One can be a shareholder, losing a hefty chunk, frustrated and think that a placing is coming all at the same time. That doesn’t mean lam short, long or like many on here try to influence others - l just post it as l see it.

My outlook has not changed…. I like CLC and ME and the more corporate Davy board with doing in the game, what p doubt is the commerciality of 201 and 401 now, which equates to no money coming soon so we all know what is likely to arrive in the short term.

GLA

I’m invested here Pattern sadly…

Well that’s the sad point Laura, none of it’s BoD over it’s 20 year history have ever converted any IP from concept to commercial deal, but before ME can even attempt this, they need cash and right now!

Just shows the depth of your VAL product knowledge Laura…..

With Suzy as CSO they created and developed 101 201 301 and 401. 101 was shelved by Suzy and incidentally 401 was her research baby at Uni. 301 spun out of 201.

FYI, yes l sadly hold over my SIP and ISA…. so good for the tax benefits of these products LOL

Supposedly from Satu on the other site:

“201 has some regulatory issues they have to consider. After being CEO for best part of 12 years or so, I have learned many things. One of them is: the deal is done when it is signed sealed and delivered. Then starts the hard and interesting part, work and results.“

Yes OB, I like Mark but feel for those that bought this morning and already on circa £500 loss as the spread has widened.

ME did d say 201 update first so there we have it , so I guess placing news next now?

GLA

Thought l’d change the title as you have misinterpreted the RNS.

PM and Laura, just think about it….. if THX were going to complete by end of year, why even change the LOI deal with a timeframe of another 8 weeks?