Member Info for ValJu

Was rather hoping for some comments, agreeing, disagreeing, etc ?

I mean am I the only one, who is unhappy with the way the Ehgo deal has been shoved under the carpet so to speak?

ie no explanation or clarification, to a series of actions, that has cost the Company £200k approx when we can least afford it?

Morning Freddie,
considering what some paid, a few years back, per share to now, you would expect many to buy and average down, and the volumes to me massive... but they are not? Doesnt that speak volumes in itself?

Again, something that has been puzzling me for a while now, is this Ehgo deal, that supposedly was a genuine error of judgement? Now take the level of intelligence in the Val BoD's all eminent scientists and professional's with a VERY keen eye for detail? I mean we are talking Bio Tech, where everything is checked many times?

So, how did such the humongous errors in this deal, get over looked, by whomever, from the Board who dealt with it, and then whomever double checked it and then the Nomads who would have had to approve it!
Actually get it to signatures and signed off, yet one PI maths prof, pointed out the issues in moments of it being RNS'D to us as a PREMIUM deal ?

How could so many be so incompetent I ask? and with an end result of Val issuing 210 million shares to pay for this mistake, made by so many ?
IMO THIS JUST DOESNT STACK UP ?

Especially when the Fit Bio IP was bought for 5000 Euro from Ehgo? Doesnt that seem a little cheap, very cheap? Or were the catalogue of missed errors of the above paragraph and the quietness from the BoD on PI's asking what went wrong and who was to blame and why was it not picked up, have gone unanswered?

I wonder, was the cancellation fee, the balance of the (true) fit bio cost? and maybe done this way, because with such poor cash flow of late, this was the only way to get it past the shareholders, knowing that they would never agree to pay say 200k for it, by 5k bargain and an almighty finance **** up, would be more plausible? Who knows, but, I am beginning to wonder about the competence and the way in which they do business at the moment?

Especially with no update on 201 to further substantiate the recent Rns and NOTHING on 401 that is supposedly in talks with SIX suitors? TWO of which have stated intentions, by LOI and yet we still KNOW ZIP ?

So many questions, so few answers and hence why we have an sp where it is?

Time for some new ideas and possibly a new broom, imo.... and SOON

and another thing that is bothering me to a degree, is the SIX interested parties in 401, and the TWO (FOUR if you choose to believe Jason Pugh... but of course not until Brexit... if it happens) that have signed LOI... WHY NO UPDATE as now Suzy is back at work, surely, some sort of PROGRESS report, is due, in addition to the 201 results everyone is waiting on?

Like I said before, how about info NOW, not next year or whenever... Something must have moved on by now, Agm, was months ago?

Yet all we get is silence....

We directly asked that question at the agm, and the answer was, as I stated at the time... that they had put a considerable sum in at the beginning, although it was not quantified, I am sure somewhere there is a record...

But, what bothers me most, is the "it bloody works" statement made by George and the fact that he wont now put in a shade more, to get it over the line, so to speak... so, was he talking rubbish or is he just skint!

Which if Im honest, (and I am!) I find hard to believe, they are skint (like the rest of us!) knowing his and Satu's annual salary and bonuses ????

Something HUGE and POSITIVE (beyond reproach) needs to be done/released to increase sentiment levels imo

Otherwise, what happens next ???

Especially with what Jason Pugh is spouting on Twitter today... why not clarify it, why always tomorrow, next week, month, quarter year CENTURY !!!

cheques and balances....

to many cheques, creating not enough balance !!!!

mores to the point, what happened to the 2 for 10 opportunity (if you can call it that)
oh i know, it went tits up with the superb premium finance deal that none of us (officially) know, who negotiated it, that then cost us 210 mil shares to settle ?
and as yet, not one head has rolled and closed ranks at agm when asked?

Hi Rightback, if Vol is Low now, what chance would they have to get another placing going.... ? mmmmmmmmmmmmmmmmmm

any ideas on a 22 code... are the DUCKS finally being lined up ?

Think I need to clarify my last post, in that.... guess you are expecting a lot more downside, than a bad rns... in other words, you feel that the Brexit situation will get worse and you are looking to become self sufficient (small holding) in most distant point in Country, in order to survive!

not that the news coming in next rns, is worse than say a cash raise ?

nice county, not sure I would want granite though, or indeed a solar array & small holding, guess you are expecting a lot more downside, than a bad rns!!!!

best look for a castle maybe ?

Nom Nom, jealousy will get you no where lol

been rather busy, working for a living... and you ?

come on BoD lets be having something please !!!!

maybe it wont, but who would bet against it?

Slaters sold huge chunk, no confirmation of all monies rcvd, yes decent rns imo, but not followed up with more, to support it?

seems more waiting & worrying at what happens next?

They wont even own up & admit, who negotiated & sanctioned the “premium” finance balls up!
Despite the cost 200+ million shares to renege?
Why on earth would they engage someone whom they cannot “control” the output? Of said report!
Hence no info on or from Dr Linch as such YET
This imo is not a way to improve sentiment! ???

looks like those big red sells are actually buys... ? imo

How about say it as you see it...

Well this is how I am beginning to see it!

Deduced from the countless texts, calls, conversations, messages, emails and info put out by our beloved Val, whether by rns, or directly or at presentation?

Why do they not give you "meat on the bone".... maybe because there isnt any!

Why do they keep raising cash without putting any more in, see above

What happens when the shares max out... same as last time!

You call it ambiguous waffle, I call it smoke and mirrors, the effect is the same...

It bloody works... what bloody works, the office kettle, Georges new bus pass!

Six interested parties talking about 401, yet only two LOI... well! who why and how much... reckon the two loi, could be the sandwich lady and the post man!

Doctor Linch has joined, when, for how long and what cost? Because if monies are not in, going to get very close to wind, until they are... hence my other post!

The premium deal, who was responsible, why are they not named and still here, one can only assume it was a scientist, and still needed, rather than the CFO or COO or Legal Director? In which case why is a scientist negotiating finance ?

All we have seen, is a demise in the sp, with NO recovery to speak of for some considerable time, makes you wonder about the appointment of brokers and finance deals doesnt it... ie NO SPIKE this time? wonder why that is!

Guessing cash raise, followed, by pay rises and bonuses next...

all in my opinion of course!

cynical yes, until shown a reason (a very good reason) not to be !

and what will they need to get there?

Tax Credit should have been recvd by now.... if not, you have to ask why?

Same applies to vat reclaim & assett sale amount?

nb if you are reclaiming 60,000 in vat, doesnt that mean you have spent 360,000 in purchases?

Im expecting 2 batches of around 300 mil, if the above has not been recvd, however if they have, then its
more likely to be one large 600 mil one in Dec?

UNLESS news arrives before this enabling them to conclude a proper deal!

Imo

not = mot / fat thumbs

Id say more like an over priced banger! But not knowing whats under the bonnet, a sewing machine or a V12!
Because the salesman “Honest George” wont say! Yet!
Plus, it might have an not, it might have a service record, and not that Im aware of
it hasnt been crash repaired! Furthermore, if you want a warranty!
He will want to charge you more, but is the warranty worth the paper its written on!

???

Drac if I were being as cynical as you feel at the moment, Id say that 88 trade is signalling the new low... .14 ? Hope Im wrong and it is signalling 88 PENCE

fingers and toes crossed ! :)