Adam needs to join the BOD NOW1 Jul 2023 17:15
Sorry been away but just played padel ..what a wonderful sport !!
It’s no use Adam joining a scientific committee as we need him on the BOD ,we have enough scientists we need good commercial nous .
Porky ,90 pct of what you write is very shrewd and as I’ve said in the Telegram group for ages I think you are spot on although mentioning 3.5p placings is very wrong .
Anyway these are my points for why this BOD will find it hard to raise money at a decent price if needed …I was right about Theoremx and I’m right about Adam needing to join the BOD.
If Adam hadn’t had voted I think 3 directors would have been ousted as 12m votes vs a drctr is a lot of dissent !!
So what are the mistakes you may ask me ?
V little director buying ,turning Adam away from SH rep,turning Adam away from the BOD(not inviting him on ) ,making an excuse that they don’t need him for commercial decisions , giving Cenkos 6pct of equity via warrants , Stella saying she won’t buy cos of this BB,Martin L saying directors are inside too much , not progressing 401 and leaving it with blackcat for 3 years ,not progressing 301 and leaving it with the Japanese for 3 years ,turning down 1.5m Gbp at 30p , waiting till last minute to raise money at 10p when we were 25p weeks before hand ,not introducing 1 insti holder to the register ,staying with Theromx for 2 years when it’s plainly obvious they won’t raise the funds ,not including Adam In acq talks ,only 1 SPV when SuZy promised many last November ,sticking with buy and Build until recently even though our mkt cap is tiny ,shares fallen from 35p to 7p over most of the 3 years BOD tenure,paying themselves bonuses after delivering one deal (kings ) in 3 years .
There’s your list of reasons
Adam needs to join the BOD NOW
HUGE mistake waiting .
Porky I never thought I would ever say this but you are very clever and I would like to see you and Adam join the BOD as this co has enormous potential ..I personally don’t think the lab will make more than a small profit and will take time but I LOVE THE SPV STRATEGY . with you and Adam on the BOD we could reach 50p ,without you both i dread to think .
Markets are very risk averse ..look at Rene and Pyc ,huge discounts in raises .We need Adam on the BOD to increase confidence .
For these 5 directors to be voted back on after 3 years of dire performance is a travesty .
Porky please speak to Adam and let’s move Val forward with the 2 of you spearheading a bright future .
The time to act is NOW ,the future could be very bright. Porky call Adam asap
Off to watch cricket now
Thanks x