RE: Word on the street15 Jan 2020 19:29
Which part of Suzy is now taking control of 401, to commercialism (hopefully), because Valirx (George) stated in an RNS that 401 would now stand alone, due to SIX interested parties showing an interest, with at that time TWO LOI?
Notwithstanding Val/George/Satu could not afford its final trial, but maybe could have, if not wasting so much on wages and bonuses imo?
Now we know a third LOI is a finance deal of 5 mil (to be confirmed how and when and by whom)
The other Two, we are now waiting on further information and Val/George/Satu loosing control of 401 destiny
Now, had it stayed with Val/George/Satu, it would have got shelved closed or whatever, due to not enough cash, even though so close to commercialism! We as PI's would have had 55% of zilch !!!
But, through this new deal, SUZY has created, we (as VAL shareholders) should have somewhere between, 10 & 25% of something, which if you calculate it forward at say 10 to 15 million (or more) per patent, times NINE patents, means it could be somewhere between 10 mil and 20 mil (maybe more) rather than zilch ?
Add in to this the possibility of a 201 update and all of a sudden, the sp could be many multiples of a penny, never mind tenths of a penny?
Remember this will be Suzy's baby now (excuse the pun Suzy) and George wont be able to do anything but wait like us?
Or we can keep moaning and groaning...
SOMETHING OR NOTHING ?
All imo....