Member Info for uxm484

Not much point selling here. Poor RNS though and I think changes are needed.

I expect further news of an update and the price to go up from here. Market cap is very low so I will hold and wait.

I remember Porky son that you were saying Cenkos would short VAL to 10p following the warrants at 22p. This did not happen. I for one believe that you were real as I saw you did sell out and then came back. I also sold out as well at the time but following you is very expensive for me. Do you get anything correct though?

Probably a step worse. Suzy likes to give everything for very little or free and gives our assets little value. What a generous CEO we have. At least they could pump a stock when needed.

Come on Suzy, when will you give the next gift. Soon you will ask us all to sweep the floor for the stateside company.

You always seem to be buying. Never a dull day without buying eh.

Get those lifeboats out with all those losses from last year. It can only get better, eh, with a nice placing to secure the long term future here and allowing us eager investors to jump in on the cheap. 20p placing will be very juicy for me.

0.7-0.8 imo today. 1p insight looks really positive low market cap. Going to be huge when pendulum hits.

THIS IS REVOLUTIONARY> AMAZING>. Huge upside.

"Completing the Technical Transfer of the KnowNow test is a huge milestone in the Vatic Health journey and our ongoing collaboration with Abingdon Health. To bring such novel assay technology into routine manufacturing could be a true step change in diagnostics and we are excited for what this could mean for COVID-19 testing around the world."

Relative to the market cap it's a strong buy regardless of size. Then it will either be good or outstanding. So either 20p or 60p plus.

Get in early regardless of the rise today it should only be heading up now. I would say worth sticking to this and at this price worth adding imo. Back to 20s and 30s in coming weeks/months imo.

Alex Sheppard, CEO of Vatic Health Limited, commented:

"We are excited to have concluded the transfer of our product to manufacture with Abingdon and to commence sales of our product. Our proprietary technology allows ease of use via a saliva specimen and only detects active virus -enabling individuals to know their infectivity status."

Positive news. Very cheap atm could see a nice rise here. Strong buy at this market cap.

Nerves will soon be kicking as time passes by. Best they get the placing done as soon as possible to remove the uncertainty in the share price.

Why not just do a placing at 30p then we can all look forward with a stronger balance and more shares on the market? The share price should then recover. With all this uncertainty it really will not be helpful to the share price over the next 2 months. Get the placing done and we can all look forward. For me a decent strategy for recovery and would benefit all given uncertainty involved at the moment.

Seems like we should be moving up in the next few weeks. Should bounce at least from 10p or now. Worth a punt here. 15p without news and 25p after news for me. Good luck all.

At the end of the day large funding gap regardless of Oxford FInances. To lose over 50 million in a year and to spend over 4 million a month I would be worried.

As months go by fears kicks in. Where is the money going to come from. I worry. Oxford finances cannot take this all the way. All speculation but not enough money to survive the way I see it. It's in deep trouble. DEEP DEEP DEEP DEEP DDDD Trouble.

People in denial here. 53 million loss with a market cap of 74 million is not a sign of a business moving forwards. I do think a placing will be needed and the longer the months go by and higher the burn rate the more likely the market becomes fearful of a large placing. All these loan facilities are hardly the answer either.

You can have all the drugs and results you want. Unless the drug gets to market fast with sales and revenue then it's a sinking ship. Just hard facts nothing more or less.

Don't be misled guys. DYOR. Cash position, loses and burn rate not good at all.

I am devastated with the figures as I was considering investing. Not now.

Get the calculator out Mark. Just read the RNS it says it all. The financials are not good at all and it is very likely a large placing is needed. It's not good at all is it Mark.

I feel the danger is the lower the price gets the worser the placings will likely be. Also loan facilities are often paid back through large placings in my opinion. It's just not good at all but once financial placing position is known then I will consider. Decent products but not if I will get diluted 50-100% in my opinion. I'll wait.

Cash and cash equivalents of £15.5 million as of 31 December 2021 (2020: £8.8 million)

· Net assets of £23.2 million as of 31 December 2021 (2020: £28.0 million)

· Loss and total comprehensive income for the full year 2021 was £54.7 million (2020: £25.9 Million)

· Research and Development Expenses was £19.8 million (2020: 22.0 million); General and Administrative Expense was £7.3 million (2020: £6.0 million)

· Listed on the NASDAQ Global Market under ticker symbol 'LBPS' after completing the merger with Longevity Acquisition Corporation, a special purpose acquisition company (SPAC) on 22 March 2021

· Along with the Longevity Acquisition Corporation merger we completed a concurrent private placement, raising total gross proceeds of approximately $39.8 million.

· Entered into a senior secured credit facility for up to $30 million with Oxford Finance LLC, including the initial drawdown of the first tranche for $12.5 million, with the remaining $7.5 million and $10 million tranches dependent on the achievement of certain milestones.

I guess we now know why the main shareholder was selling out even at lower prices. It don't look good. I can only seeing this ticking down with very big placing fears. I am just being honest.

Long term might be ok but short term pain is likely. The level of expenses and how these are managed are a big worry for me. Therefore I will hold back after the big dilution which I think will happen.