Member Info for Uncanny

It all depends what the detail is in the requisition.

Adam walks in to BOD and possibly fireworks as l’m pretty sure many PI’s would take that as a vote of confidence and load up from just reading the BB’s for sometime.

PM. Where did you get the EO March (and why) for the merge to complete please?m

TIA

Half day l believe?

Exactly mate and EUDA up 10% 👍

Patience is a virtue

If working days, the merger goes to 7th December FYI.

PI, def 30+15 but not sure calendar or working days.

P9, a question…… lets assume against your clear viewpoint that 201 is successfully assigned to THX, VAL get their rewards, SP spikes, options and warrants exercised, lab and THX service fees are received each month and VAL is a different animal, fully funded and self-sufficient.

Will you still be posting here?

TIA

Lining up the ducks Trench.

Hoosierdaddy, is it this post?

"It's been a bit of a confusing old time, so here are the events of the last few weeks.

A group of shareholders wrote to Valirx with a set of questions. Valirx replied in the form of a ultra-bullish recorded Q&A. There was lots of info in that Q&A, but let's stick to VAL201/TheoremRX as it is the most pressing.

Suzy: “We are expecting significant updates from them before year end “

Suzy: “We have every indication we that we will be able to put out a substantial update before the end of the year”

A few days later, the empty TheoremRX website created in 2020 was finally updated with content. Just a landing page, but not for no reason.

Following that, a press release is issued stating TheoremRX plan to merge with EUDA Health, a Nasdaq listed co.

https://www.morningstar.com/news/globe-newswire/8944265/euda-health-holdings-limited-enters-into-letter-of-intent-for-proposed-merger-with-theoremrx-inc

CEO of EUDA: “We believe TheoremRx has strong access to capital and a robust pipeline of compounds.."

A statement is made that the prospectus is available online. A detailed search reveals the TMT Acquisition Corp SPAC, underwritten by Maxim Group. Maxim Group also happened to be the sole book-running manager for 8i (EUDA). TMT Acquisition prospectus also happens to contain clauses that excludes China from their business dealings (VAL removed China from the TheoremrX exclusivity earlier this year). TMT Acquisition also happens to be funded by several EUDA funders. TMT also happens to have funds of between $60m and $70m.

The merger has a 30 - 45 day window (not too many days left now). A week ago, the EUDA website is then taken offline.

IMO there is too much here for all this to be nothing.

Enjoy your day."

You may remember the Russia / Ukraine conflict and resulting spiralling global inflation and interest rates stalled them by 12 - 18 months as there was no apetite on financing bio fund start ups. People forget.

I would expect IMHO that there is likely to be quite a few pieces of news to be released and perhaps not all at once, in no particular order:

1. Merger complete statement

2. Details of Merger - IP and funding

3. New merger name and BoD

4. VAL sub license completion

5. VAL payment from THX confirm - upfront, service fees

6. Perhaps a bonus new indication to go to TRX?

Nomlungu

Investors in THX will need an exit strategy and therefore the merge with EUDA is a prerequisite of the terms of the deal. Quite obvious really, plus don’t forgot 12-18 months was wasted after the global inflationary crisis as a direct result of the sad Russia / Ukraine conflict when there was no investing apetite in new start ups, only for existing assets.

Porky, wrong on all accounts…..

1. You have no idea if the funds are in escrow now or committed with EUDA (my guess is the latter)

2. No because the merger has to complete first, so nothing can be released by VAL until we have closure on the merger.

3. No, EUDA, THX and VAL are interrelated and contingent upon one another for funding, IP and a listing - great marriage where the whole is greater than the sum of the parts

Thanks Castor, l’ll have to take a look.

Spot on Jim!

In your assumptions Porky, you miss some very important facts ina edition to what Jim has said….

EUDA collapsed from $10 ps to 50cents because they were in a financial quandary with its earnings per share dropped below zero. They have nothing and on a lifeline to reform and face possible delisting…..

Then the holy grail falls from the heavens - THX who need a US Nasdaq listing and can offer financial and product synergies, but who has the IP - well we know the jewel in the crown for THX is 201.

Do you really think EUDA are going to merge with THX if they have to wait 6-12 for funding and IP, albeit THX can’t offer the IP anyway until VAL and THX sign off the LOI and VAL gets its funding and passes over 201 to THX.

What’s the point of EUDA merging, they’ll be bankrupt which is why merger deals have predetermined criteria for delivery i.e listing, funding and IP caveats IN ADVANCE of the merge.

It's like applying and getting acceptance for a mortgage only to be told you are now going to have to wait 6-12 months before you can buy your house, LOL.

Why do you think the last RNS was very carefully worded plus a link to the EUDA / THX merger - wink wink nod nod….. can’t say anything but here’s a teaser!

VAL said:

“and confirms that it is not in possession of unpublished price sensitive information”

That’s because the merger has to be RNS’d first in NASDAQ and then news will land from VAL

DYOR, IMHO, NAI

Porky:

“Strong chance THX might Merge with EUDA but there won’t be ANY cash and certainly not in VALs short timeline before VALs cash runway is out shortly - that will be the issue. “

Please support with evidence, no guesswork or opinions but facts.

Thanks

You have no idea what cash has been committed number 1.

Secondly, do you not realise the longer term EUDA share price is a direct reflection of why they need to do the merge with THX as it creates synergistic benefits for EUDA (THX funding and VAL IP pipeline), THX get a NASDAQ listing and further access to funding, plus investors then have an exit plan by selling in the secondary market AND finally VAL get to commercialise 201 for €61mn plus $37mn for other indications, plus milestone payments, monthly service fee and $2.2mn upfront. There is also the opps of other alliances for other IP both new strategy and legacy.

A wide awakening coming to some IMHO.

Yes Porky, why are you on the EUDA BB if irrelevant?

You know damn well that EUDA has tripled in over 10 days and VAL has doubled. VAL last RNS made specific reference to the EUDA / THX merger and listing details pointed to a circa $60 mn raise, which no l won’t be sharing with you so DYOR.

You are going to get spanking young man when news drops!

The point is Clarence he can’t influence the outcome whatsoever, so just filter switch off and wait for the story to unfold.

EUDA at $1.50 up 8% now…. relax!