Member Info for ValJu

IP's are not theirs to take, they are paid for by the Company, if the Company can afford to pay

Same with patents / reports / services / trials etc (is that why trials were so small) as PAD stated that was Georges field (research etc)?

How much longer could this Company have continued paying for what was most important in my eyes, had the salaries and bonuses, not been so high? It makes you wonder doesnt it?

Lets hope for a stupendous response to solve the problems and move forward?

Agreed, but it takes two to tango...

So, please dont try to lie blame at my / our door...

It was not us coming back with "Begging Bowl" again!

After reducing sp to shreds!

This is not a solo issue, of our asking for more transparency and professionalism, this is a compounded catalogue of issues which have as yet to be addressed... imo ?

140 yesterday wow - someone is playing silly buggers...

PAD, the problems Fred had, were....

1: Some wanted to know everything, but did not want their info shared with rest of Group
2: Some wanted to know everything, but, were happy to have info shared and indeed converse with like minded others?
3: Some taunted Fred that they were (as Fred called them cuckoo's) and would feed info back to BoD, now why would you do that?

This forced Fred to try and deal with multiple communications to multiple people "individually" and hence some may have been missed out on certain things?

Especially with so many (literally dozens and dozens of separate email addresses, phones and mobiles). I say he did a great job, that no one else even offered to do!!!

What it also did, was to cement those that spoke, met, engaged in conversation, over phone, text, email and indeed coffee, etc, was to come up with a decision to ask the BoD directly.

Now to ensure, no cuckoo's got wind of it, we kept it tight, within LH's that had met chatted verified there holdings etc, and despite one error, which fortunately did not change anything...
We came up with the sending of this letter, to break the silence... which has done

And from the amount of direct communication that we have received, most agree something was needed! Now it is up to the BoD and Broker Nomad and Staff of Val, to decide to work with us or not... but at least we have tried, which is more than we can say for some?

Our choice, as it would be anyone's, to do the same thing... with their choices...

Lets hope we can all act without ego arrogance or venom and work this out for the benefit of all!

IMO

Agreed, but you could say that their actions have indeed backed many long term holders into a corner and when you quoted their qualifications, I immediately thought of the premium deal promoted by Satu ?and yet at the agm, another set of shoulders, were suggested to blame and like lemmings we went with it, only to find out, we were wrong? Hence dyor is paramount in such situations and I to, hope for a positive outcome and likewise would work with Val to secure it, just not a whim and pleasure, but more so, an all round re-structure of everything? Again imo

PAD begging your pardon, and acknowledging your opinion, but there is only ONE relationship here and that is the CEO and COO

Anything else is professional business imo and it were being run as one, not like it is currently being run, we would not be where we are at? would we?

They say a change is as good as a rest, we need change and a rest from these two's leadership!

IMO ?

NB: Of course you can always organise another group to vote alternative resolutions, but, legal isnt cheap and finding out who you can trust is well a whole new ball game! And nothing like I ever imagined...

But, each to their own and I did ask for debate, thank you.

Yes I have met them both as well and whilst very amiable, when in a social surround, but situations and pressure can change that persona?

So perhaps, maybe satu needs to get back in the lab and george needs to stop "trying" to run the Co, even if he is chief "operating" officer?

As it appears to be, being run.... into the ground! Incompetence, deliberate, who knows?
But it isnt working according to my share price value!

And we all now what a strong personality can do, (rightly or wrongly) against anyone who dares to challenge them... catalogue of errors imo

Change needed, now and not just for the sake of it, CORRECT change is needed!

imo

PLEASE READ MY POST OF 13.38 WHICH HAS NOW BEEN PUSHED DOWN THE PAGE - THANK YOU

Noise you are welcome to point out poor grammar, and Im using titles as opposed to names as they are quicker to type... But, if it pleases you we would like George to step down / go... (and we all know why this is being suggested) as I am sure you do to!

Thank you SL and I am sure the transparency will come (for all to see and hear) and yes I am checking everything legally and I believe good things could well be on the horizon, providing ego's and arrogance do not get in the way! The Company and the Compounds must come first! imo

As most of you will already know, Freddie started a Shareholders Group and recently attended the Valirx General Meeting which had been called, by the BoD to ask for resolutions to be passed in order for a consolidation to take place.

Even though, the CEO and COO did not attend and one gave her reasons later in the day. The other we still do not know why he failed to arrive.

Still, the meeting went ahead with other Valirx directors, and Freddie and others there put their concerns, to the directors that did attend and asked for answers and a response as to what would be done to try and solve the NO vote decision.

As I was not there, please feel free to correct me, if I make any errors of significance, thank you.

Since that meeting Freddie, I and some other long term holders, decided to write a formal letter, offering more suggestions and requests, for the (Bod) to consider, regarding the Companies well being and structure and respond accordingly.

Within a given time frame... to which we have been waiting patiently.

This morning the CEO sent a reply to one of us (who I will state has now withdrawn from the group) and cc'd the rest of us in.

Saying that they had received the Shareholder Letter and acknowledged they were looking into it and would discuss these issues, with a view to getting back to us.

Although she did not state whether on not it would be within our requested time frame, but, did ask us, if we had any further questions or queries?

Subject to the response to be received, agreeing to some or all of the suggestions, or indeed offering alternatives? To a reform the Company structure. We would then look at a further set of similar resolutions, but, including our request for the changes submitted, which includes the COO and leaving the Company and the CEO steeping down to a new role as yet to be decided.

Otherwise we would then submit a formal letter, to requisition a general meeting, which will contain the resolutions to remove both CEO and COO completely.

The time frame for a reply to this letter, ends tomorrow at noon and we would then submit a formal requisition. As we have more than the necessary shares, to achieve this GM.

I just hope that some from within the Company our taking our requests seriously and am hopeful that they are as I type, are putting together a much needed revitalisation package to restructure the Company, to show us, the Shareholders, that they do care and like us, want to make 401, 301, 201 and even 101, commercial compounds for the benefit of all!

I would like to encourage debate on this post from all sides.

Finally, I must clarify, that it was a joint decision of several shareholders to do, this, but not everyone, as we felt, as the key personnel with the BoD missed the GM vote and were still silent, we needed to do something! As the clock is ticking against both shareholders and the BoD...

Thank you VJ

patience.... ??

dont worry traders will be trading like mad! :(

Not on HL... can buy easily ?

try a buy... about 80,000,000 should do it :) then you can make them an offer, they cant refuse :)

Roses, thanks for the chat this morning, sorry to hear you are full of cold, stick to the single malts it will clear it eventually :)

Im sure there could have been higher numbers and indeed more trials, had they taken less in salaries and bonuses and created only "relevant patents" (in other words), countries who could afford to buy, to start with, until (and I cant believe Im using this word lol) they were in "profit" and could start re-investing the profit back into covering everywhere? Instead, the large salaries and bonuses and travel expenses, eat into IMO the more important part of a business start up?

Now whether that was poor business skills or deliberate greed, is another thing? As it is so easy to keep going back to the cookie jar, until none are left? Infact I did it last night with the chocolate biscuits! Once you get a taste for it... its very hard to stop! Poor analogy I know, but I am sure you get my thought pattern?

Satu also said the same thing at her uk presentation in London that I attended! Amongst a host of other info & it was video’d!

now would that be deliberate or incompetent I wonder!

look forward to it