Member Info for Unclejim

Yep. The SP will get hammered and I doubt would ever recover on the investments we have got.

It's easier to keep saying commercial discussions are still ongoing. Like you already said, if it was any good then it would have been sold and on the shelf trying to save lives.

To be honest I have always believed SGS would come to the rescue but now agree with you. I think it really is a dud and this is well known to all involved, hence our SP.
The only real question is will any of the other investments prove to be any good long term.
I am even considering selling all my Vela and jumping into MODE. I doubt 50-60p is in reach anytime soon. 25 to 30p might be though, essoecialky if Ebay are now onboard.

How low can this garbage go?
Hopefully we don't have a placement so we can make more bad investments.
If the plan is to sit on the investments we have and keep the £600000 in the bank, why did we need a new board member?
It really is looking more like job for the boys.

I have just downloaded the app. Looking at the reviews, most are very critical about the App.

It's very difficult not to be negative with Vela. Shocking drop in SP, shocking performance of investments, no director buy ins and even now the PR company cannot be bothered to communicate.

Hello. Would love the SGS news to land this Week so I can fully sell here and put the lot into UFO.

True to form. If it's a garbage share and highly likely to multi tank then Vela would like to invest. I think Brent and JN are supplementing their wages by shorting everything they buy for Vela.

Yet

Another exciting start too the week for Vela.

Lvu33 is the new Vela BB crackpot. We are dropping everyday and are at an all time low SP. BOD can be even bothered to communicate properlyy but there is talk of 1 p and £1. Priceless.

Mode and Cornerstone are garbage but nothing compared to a 3 million gamble on a Covid trial. JN is not a master investor, he is nothing but a well paid gambler. Brilliant job when you are earning money to gamble with other people's cash.

In my humble opinion, one of the plus points from UFO has been the regular good communication. It has been very quiet of late. Hoping that is a good thing and we are about to be bombarded with good news.

Lvu33, nice to see your positive but this really is a a joke of a share with a joke of a BOD. I feel even more silly for topping up the other day now. JN is just as useless as Brent. They should both resign and stop stealing a wage.

If they are buys then it's much better to see.

Somebody else is not willing to keep the faith, another biggish sale at a massive loss.

The very few we are up on don't actually look bad investments for the future. So, I can't see them being sold at this stage. Pointless selling MODE or Cornerstone as it's similar to our investment here in Vela. We are so far down what's the point. May as well wait too see if it turns around.
The clowns in charge need to update us on the near 3 million invested on the trial. We have waited long enough and can only be fobbed of with the same old rubbish for long enough.
Commercial discussions are ongoing is now not good enough.

Sadly I think you are correct. Vela only has £600000 left. We now have 4 BOD members that are getting paid wages of £18000-£20000 per month between them.
They will want to keep a bit back to ensure the pot does not run dry and they don't get their wages for the hard graft they are obviously putting in.
So no new investments unless we have a placing or SGS comes good.

Why would anybody manipulate the Vela share price. There is no interest in Vela, apart from people that are already locked in because their losses are so large its pointless selling.

24 million sell. The small amount of confidence from last week did not last long. I would imagine whoever sold them has had to take a big hit and paid considerably more to buy them.