Member Info for Vascular

Take sebs advice Obstando. Its probably for the best! What you don't know cant harm you.

I've greened him again - no problem:-)
Nice one Craigy. You just don't know where these hospital porters have been...lol

Anyway whats wrong with being a hospital porter? Some people talk here as if its a demeaning job...its not, they are probably the same ones who will be holding the porters hand just before they go in for their op.

Morning Holdon.

I have never once said John Story has sold any shares, how would i know, how would you know, how would the company know, unless he sells through a threshold and announces it. Read the line in the RNS again
"Following Admission, and to the best of the Company's knowledge, Mr Story will have a total interest in 27,512,221 Ordinary Shares, "

Good thinking having a caveat "Following Admission, and to the best of the Company's knowledge, ".

All I was correcting was that certain misleading information is happily peddled on this BB without anyone bothering to question it. Specifically , this time that John Story will now have to hold ALL his shares, not only until they hit £4.80p, but they will have to remain at that price for ten consecutive trading days ( two weeks) lol pmsl as you say here..... anyone buying at that price were done up like kippers and are likely still holding.

You can see what a laugh John Story and BODs must have had putting that RNS together ...releasing an RNS stating that John Story is happy to be locked in to the SP until it hits £4.80p which has a one year timeline...when in fact the Share price has reversed from £1 to 40p , but guess what, many believed them at the time and still do.

Therefore poor John story is in a right predicament . He is free to sell his 22 m shares anytime. He is also locked in for seven more months with a share price target of £4.80p , after which he can sell at anytime.

I wouldn't put any weight on the £4.80 a share price by next April ruse as it was only meant to get you all excited in the first place...a number probably plucked out of the air.

Yes, you must have noticed that this happens quite a lot here. Always a big risk ! lol.....I really hope it happens tomorrow ( it has to happen soonish, the RNS i mean) and then we can all make some money for a change. I'm bored of watching it continue to move in the same direction all the time. GL

Craigy, before you go.

Imagine last March the SP was over £1, there was tremendous sentiment behind the SP the same old investors here today were saying that this is just the beginning - £3 by Xmas etc etc. ..blah blah £25 a share in four years....

John Story and the BODs new that this SP could not continue as it was, the SP was over hyped and far too expensive . However, they sat down and talked with John Story and decided that at a time when the SP was at its highest, that they would announce to the market that John Story would be taking on even more stock at 6p and that he was forbidden to sell his shares for under £4.60p each .....imagine how many small investors fell for this, they interpreted this as the SP was heading towards £4 . Now, why would they do this at this particular time other than to dupe more investors into buying more shares at £1 or over ( knowing that the company was overhyped, overvalued and with no revenue to speak of - and investors would loose money).

That's where this particular RNS is coming from, it s not a good place and the fact that many here hold this up as evidence of potential success in the future are deluded . They still believe that this £4.60p share price target applies to J. Story's entire 27 million share holding in Chill. When in fact it only applies to 5,500,00 shares that he will be able to sell at any price from May 22and is free to sell the remaining 22 million shares anytime he feels the need.

The £4.60p a share target for John Story was aimed at private investors and was / still is a dummy.

Sorry to upset you Craigy. Look the best thing would be you just gently put me behind a green screen. And i will no longer be a distraction to you.
Probably for the best in the long run Craigy. Good Luck Vas

Don't get me wrong Gallini. There is approx a week each month where the sp is allowed to recover after several weeks of decline ( sellers). This enables the MMs to sell you back the shares that have been sold previously at a higher price. Just look at a good daily chart to see this happening. Every 3 weeks or so the SP reverse's its trend and up she goes, the buyers return and every time since march this uptick it tires and reverses..and always to a deeper low. ...now this has happened again today perfectly as predicted, just follow the script on the chart since March 21....now the only thing that can reverse this / or change this pattern of behaviour will be an RNS with positive news....and a RNS could come anytime soon ....then another push upwards BUT IMO if the news is not convincing enough it will revert back to its downtrend with lower highs and lower lows.

If the RNS is absolutely stellar then share price will takeoff, and game is over, end of the game we have been playing since March and we will have to play a new game and study the new behaviours on the charts.

Unless RNS soon, then this is just another way for MMs to sell you back the share sold in past few weeks and will revers back to a lower low. These are my thoughts.

So why do you believe that John Story has chosen to be tied in with his ENTIRE investment in Chill until the share price hits £4.60p or whatever it is...instead of realising he only committed 5,500,000 shares to hit $4.60 and that's expires in seven months - the remaining 22 million shares he owns could flood the market anytime, if he chooses.
If he had done it the other way around I would have been more impressed.
The company used this situation as a dummy to placate the shareholders into thinking ( which you and Bulls Eye Fred have, and promote this further on this BB) that John Story is fully committed to $4.60p a share on all his 27 million shares held. Absolute CR&%.

Hay. gallini . Guess what. I am not short as i have said before...but there are people on this BB who have blamed the terrible car crash of a share price here on shorter - as its a convenient way of protecting the company performance....why would i be short now?

Answer me this . Why was the SP encouraged allowed to rise today?

Yes , best do as the old trout orders - otherwise your out . He seems to have self nominated himself to be be in charge of you regulars .....probably with his superior knowledge as he obviously agreed with gallini that John Story can't sell not even one of his 27 million share holding until the SP hits over £4.80 or whatever it was and remains there for 10 consecutive days ( giving you small PIs loads of time to decide what to do....lol ). Absolute rubbish and very misleading to some !

Hi Craigy. Do you see the difference between what gallini posted and what the actual RNS states.? gallini and Bulls Eye Fred apparently do not !! ( I'm sure BullsEye Fred understands, but would not inform the reality) . That is the important part. You can Jesus me as much as you wish lol. GL Craigy.

gallini.

Read the entire RNS again and look out for two distinct words that are used. The first is " Conversion shares" and the other is "Ordinary shares" . They have used these two distinctions on purpose ( admittedly in a confusing way). They both identify two separate amounts of shares that are now being held by John Story.

The RNS first talks about a sub set of shares called Conversion shares.
"Zoetic, the international CBD group, has received an exercise notice from Mr John Story to exercise today the full conversion rights on the £330,000 convertible loan note issued by the Company, originally announced on 12 February 2020 (the "Loan Note"). The Loan Note was convertible at a price of 6 pence per ordinary share of 1 pence each ("Ordinary Shares"), and was capable of exercise by Mr Story, in his sole discretion, at any time. As a result, the Company has today issued 5,500,000 new Ordinary Shares to Mr Story (the "CONVERSION SHARES") and the liability of the Loan Note has been extinguished.

Therefore 5,500,000 CONVERSION shares will be to the shares already being held in the company.

it then goes on ....."Application will be made to the London Stock Exchange for the "CONVERSION SHARES ...remember = 5,500,000 only" Shares to be admitted to trading on the Main Market of the London Stock Exchange .....and Admission will become effective and that dealings in the Conversion Shares on the Main Market of the London Stock Exchange will commence on or around 7 April 2021."

Then crucially

They are now talking about the shares John Story was holding plus the new CONVERSION shares = 5,500,000
"Following Admission, and to the best of the Company's knowledge, Mr Story will have a total interest in 27,512,221 Ordinary Shares, equivalent to the 13.62 per cent of issued Ordinary Shares. Mr Story has agreed not to dispose of the Conversion Shares ( 5,500,000 shares) for a period of one year from today (the "Period"), unless the Ordinary Shares trade at a minimum mid-market closing price for 10 consecutive trading days of not less than 480p at any point during the Period.

Therefore, John Story holds 27,512,221 Ordinary Shares.
He can sell approx. 22 million of these anytime he feels fit but has given a promise to hold the 5,500,000 recently Converted CONVERSION shares for at least one year and not sell at less than £4.80p.

Do you spot the difference....John Story could sell 80% this year and sell the recent CONVERSION shares in about 7 months time, at any price ( after the years grace which started April 21. ).

I'm not sure if this misleading information was a genuine mistake or something more sinister ....but there is a crew working this BB and also the Telegram pole group ( who have given me a life ban for challenging a few of their views- politely) .

Think of other places where the " Only one view doctrine" is accepted and you will see how dysfunctional it can become.

anyway that's my take on it.

Yes Billy. I think if they had given a sales update that was strong and implied a continuing of revenue growth per quarter then this would have at least stopped this SP slide that started in March!! - and i would have bought a few more shares along with many others.

However, this did not happen which is worrying and could have a dramatic effect on the SP if the numbers disappoint.

To be honest if this share ever does anything close to what people hope then buying down here is a pretty safe place to be......but no one knows how far this sp could go down before it is seen as at a realistic price compared to the next set of results.

Morning Billy,

Unfortunately I took the Telegram group up on their word and posted some of my thoughts there. They said no one is brave enough to post what they think on the Telegram Post. They became very upset and just resulted to the same old insults rather than debating. I'm happy to be out of that "love in" , and there is unfortunately now, no love lost between us.
It was all too much for them and I was thrown out ( probably on the second night of posting) and banned for life lol.

I'm now on my own, taking my own council and looking out for myself......safest place to be if your dealing with your own money.......my feeling is we have more than one crew on board this ship.

Its going to really interesting watching the SP reaction to the next set of results...I hope the company don't over do it with future promises, like last time. My hunch is if sales had been decent between July and now then we would have had a sales update, Why not ? but as it has been absolute radio silence then I think its going to be bad, really bad BUT they will try and compensate with masses of ultra positive future related targets and we maybe something about the next product to fit into the brand.

But will it be enough to bring back any real long term confidence, i do not know, but will be watching closely. Its not impossible to see the SP in the twenty's by the time of the results ....investors will capitulate and protect what they can. You can always buy back later. For balance, I may well be totally wrong and the share price will bounce back to the 50s.

Anyway for Craigy, yours and my sakes lets hope its a happy ending. GL Vas

Well at last we can ALL agree on something. We now have the perfect name for this BB. Whatever happens .. CHILL>

Thanks Ryan.
"SGS have spent a lot of money on the new facility. Look at it from their view. Current new facility sat empty with staff being pinched by Orph and no ongoing trials. I dont think it's naive that they would want to start making a return on that facility by potentially renting that out to Orph."

Why would SGS even contemplate building a new facility in the first place if they did not have confidence in being able to fill it with their own contracts. I imagine there are only a limited number of other company's whom could lease it! and for them to go to all this expense just to rent it out to OO to support OOs growth seems very charitable. I may be wrong here but it doesn't feel right. Unless there is some kind of pre agreement.

Also if OO can just repeat what they have managed to do in Whitechapel ( lucky they did not pay for it this time) then its seems these facilities which i thought had a high barrier to entry are not such high spec as i thought and SGS could have done similar but instead spent a fantastic amount of money on a new build - I'm sure they will want that money back from this investment - and that they have a plan on how to use the facility to their own advantage at some point - and not just rental. All good stuff. Thanks again and GL Vas.

I forgot to add that the idea that OO and SGS have a deal where OO rents capacity to run their own trials from SGS facility's is rather naive IMO, especially in the long run - unless there is a bigger plan of a merger / takeover by SGS.
At the end of the day SGS is a competitor and will fill its own facility given the chance , so if the deal was just a rental agreement there would be no future guarantee of beds being available to OO if SGS do well on contracts.
BUT if the arrangement was part of a bigger plan where down the line the two company's merged , or SGS bid for OO then it would make sense.

OO would surely need a facility where beds are protected for a long period of time - so to guarantee future contracts.

You guys have a far greater depth of knowledge about OO and its sector than I do , and its appreciated but please bare with me. If we imagine that their are no extra assets on the balance sheet of OO ( keep it simple) , so no spin outs and SGS does not exits.
However, OO were in the same position as they are today - it had come to the point where its future contracted beds are close to being filled for the next 18 months - which puts a lid on growth.

What would CF need to do to grow OOs offering and revenue ? Would OO go for a new build? If its a takeover - who could OO seriously take over? If is a partnership then with whom?

I only say this because if OO plans do not include SGS at all, then what other options would CF have! , bearing in mind he has stated many times that OO have a fantastic opportunity at this time and will not need to revisit the market for money and OO are going to gain big time from this wall of money being invested in vaccine research over the next decade. So to achieve this what would CF need to be doing now to ramp up OO capacity?

Is there an obvious route that he could take the company without SGS? One that could still achieve the goals he has set for the company in the relatively short timelines ? If there is no other obvious route to achieve these targets then SGS it must surely be.

I hope this makes some kind of sense.

If OO did a deal with SGS to use SGS facility's for future trials then this would obviously mean that OO have more work than they have beds to book these trails into, therefore would risk loosing these future contracts / revenues because they can't book them NOW.

We are told that OO beds in their own facility's are mostly booked up for what 12- 24 months ( something like that, i'm not sure) . If we assume that many of the new future contracts may not even start for another 6 to 18 months in the future....OO would loose many of these contracts unless they can find a way of forward booking them NOW.

Therefore in 12- 18 months OO may have millions of pounds of contracts booked into SGS facility as well as its own facility's
so that if a merger or takeover from SGS bought OO then SGS who would ultimately benefit from the revenue of these future placed contracts once owned by OO and OO would benefit at point of being sold as having these contracts on their books.

In short if SGS allowed OO to carry over its surplice future contracts into SGS facility then in a year if SGS made a move on OO it would gain by having a fully booked revenue stream going forward for 24 months with the newly acquired OO contracts and I would assume OO will include these future contracts in the sale of the business.

It looks very impressive and must have cost a fair bit. You would expect SGS to be forward selling these beds for early trial work starting as soon as the building is ready - which is this fall according to the video.
I cant find any recent CHIM contracts signed to this new facility. SGS seem quite open on their news releases and i would imagine will want to advertise new contract as and when they appear.