RE: funding15 May 2019 17:39
Valju, l do like you with your candid opinion and l think you have some very valid points and quite right.
But if they like their salaries as you purport, then why not find every inconceivable option to keep it running for another 5 - 10 years at least?
Or just sell out?
Do you believe the RNS updates going through CT or do you think the whole system is corrupt?
Which begs the question why and how? RESULTS!
Results = Shareholder value in time, albeit at not the best valuation for those that lost lots overtime, sad and irreversible now for many. I do sincerely commiserate as been there myself before with other investments.
2 years ago l invested and been a painful experience monetary wise, but think we may be surprised soon, time will tell.
If our new investors are the 2 - 3mn sellers then they are not very aggressive and if Iwas going to take equity over loan l’d certainly make sure beforehand that l could sell in to a liquid market unless idiots.
Personally l think there is madness in the method, plus our bod are not commercial people which is why its more to do with Kudos and they have outsourced the commercial aspect, not making millions its about but kudos not money bit as pro’s in the medical field want to make their name as doctors.