Just listened to Pod Cast11 Jul 2018 17:12
on Twitter by AKW... stood on the side of the road, by the sounds of it?
Although still clear to hear and despite a nervous voice, delivered what he wanted to say...
My main question to him, is why would any JV expect Val to stump up the money, by way of cash raises to continue?
As I was under the impression, if the products are doing what they say, and in fact better than expected, the reason for a JV is, for the new larger Pharma (assuming its a Pharma and not another investment house) is for them to provide the money, in return for a slice of the pie...?
Now, if the newly requested shares are going to go to the new JV Co, for guaranteed ALL funding to commercialisation then no probs...
But, if they are merely to keep paying X times 6 figure salaries to the BoD and newly appointed neds, whilst still looking for said deal, with no actual commercialisation in sight, then maybe it is time to ask them to put hard earned cash in, to show faith in an end result, and not just keep taking?
I will be attending on 24th... as would like to listen to who else fields questions and what they might be?