Member Info for Whackery

"Just give us the (Croda) facts Ma'am" [who remembers?]

Typo in mine: freefall or flourishing

Yes Belgrano - we need some indicators that apart from cooking the books (temporarily or otherwise), the Corda story stacks up. It's quite extraordinary (and discouraging) that today's announcement glosses over this vacuum. Has any money come into SBTX coffers from Croda - never mind the hype. Can't someone, somewhere extend crumbs of comfort? Little point in challenging the Board; if they're hiding something, their days are numbered anyway (along with ours).

If the large private investors know a thing or two that sustained their enthusiasm, might they find ways and means of communication? Or are they as much in the dark as we are? How good is that, following on a prolonged, majorly expensive, reserves'-sapping investigation? At this point we should no longer be drifting - rather in free-fall of flourishing. Could the Board not see that absence of addressing Croda's position would only foster extended limbo uncertainty?

Aquae, how come 'No issues were found with the Group's reported cash balances'?

Anticipated funds were accrued in the accounts ; but the accounts' reported cash balance holds up. Because the royalties accrued eventually; whereas the reported balance was fabricated?

Come in Croda, for Christs's sake.

On reflection, there remains this incongruity; were the royalties fabricated or inappropriately drawn-in prematurely? If fabricated, how come the cash balance remains unaltered?

Hey, we've just breached the suspended SP! Phew!

Yes Toyin, accrued royalties were inappropriately (prematurely) drawn into reported half-year accounts. No change in cash numbers. So Croda royalties appear to have clocked in, just fiddled into accounts prematurely. Would have been helpful if report had gone to greater lengths to afford comfort as regards Croda progress. NDA stuff is tiresome to say the least. We're at the the end of our tether - but lack of 'other issues' is very comforting where our very survival was on the line. Onwards and upwards perhaps?

My recent post looks like a non sequitor; did AI filter an earlier doomsday post in this thread?

Maybe we'll filter AI as well!

Meaningless, random guessing games.

A triple whammy; O'Hara and Ashman gone to ground; more importantly, £670K has been spent in buying suspended shares; a (knowing?) calculated move - as has been suggested already.

Thanks Shy, I shouldn't have bothered you; should have read the lead-in correspondence.

Thank you Shy; please elaborate, do we know of one? at 11p?

Can someone please explain the essence of this conversation. Was there a post-suspension. Shares' trade executed?

Very, very optimistic Bel. Back to my earlier query; RNS masks suggestions that all of the outlined agenda - including re-presenting the half-year accounts in light of findings - will have slotted into place before shareholders (and the world at large) learn what's in the report. At least the fees clock will have been switched off - but a delay of weeks rather than days may be in store before clarity surfaces. We should ask for guidelines in this regard.

Three questions though. Will they hold back the findings until the other stuff is sorted too!. Why with all the time and forensics, will the half-yearly figures remain unaudited, and how long might all of this follow through take!

Toyin, I took your sound advice, persisted and revisited the SBTX Investor forum this morning, seeking an interim RNS communique; guess what ! 😊. Thanks for the tip. 'coming days' too, is comforting.

Btw, whilst a drop in the ocean, I hold a significant 6-figure-sum SBTX shares' count. Sadly, even at suspended share price, it still dominates my pool.

Hoping (a) Dixon confidence, (b) a plausible report and (c) new management can make something of the IP and emerging shelf stuff. If only I were able to engage the website Investor Relations to good effect. Meantime I just chat. Are the powers that be keeping an eye out? Will they respond (in any shape) in terms of an express aspiration to report by the end of April?

Yes it does Toyin; is comforting. It's then not additionally comforting to learn that he's holding 8m. shares in a 24-month 10-bagger. So the March SBTX top-up, of itself, came cheap.