Member Info for Wigwammer

“So where are the contracts?”… perhaps you don’t understand what a lead indicator is? .. This is where a data read leads the impact on something else. So for example, when the oil price rises circa 50% in 6 months, it will only be fully realised in activity with a lagged effect. When you have experience of the real world, these things become clear. Hope that helps :)

Little positives from a fundamental perspective? Apart from $70+ oil, which has (strangely) proven to be a pretty good lead indicator for the oil services industry :)

What may not be factored in is the ability and willingness of the chairman to do this sort of thing again (and again…) ..we will see.

It may be aberforth are (in part) funding their OO participation by selling their legacy shares at a premium to the OO price.

Aberforth reduce to zero :)

Strange thing is, this is effectively an open offer, not a rights issue. So why on earth have the shares fallen so far? The whole value of an OO over an RI is you have to own the shares to benefit from the discount. Potentially (and I’m happy to be corrected) this is a ridiculous anomaly and the MM’s have sort of fecked it up.

So far listening to “the chairman” has proven an expensive thing to do. Ask any long term holder here. Perhaps SmartArt will prove valuable - the Chairman gave us just 16% of it. Perhaps LCSE will prove lucrative - let’s see what fees the Chairman takes out of it. I will be very happy if all the optimists dreams come true, but there remain some pretty big question marks that are unanswered.

With only a few years left on the US patents (2026), why have Avion agreed to develop this?

More pointless nonsense. Wait until you have something interesting to say, and then post. Hope that helps.

So just totally pointless then.

Give it a rest, nassimi. I’m a holder and the low quality ramping makes me inclined to sell. I’m sure it puts others off too.

I suspect DC will claim HE is the main asset behind LCSE, and the fees he will pay himself will reflect that. If LVCG were being managed for the shareholders in general, we would own far more than 16% of the arts business right now. Unfortunately, I own rather a lot of these shares and it isn’t liquid, and I hope there is something here for us. But we are not the priority here. ATB

The share count was 81m last May and is 146m now. That’s an 80% dilution before considering warrants. Nice to fantasise about potential revenues from the new businesses, but you also need to consider how much DC and pals will take in fees. When it’s left to their discretion, they don’t leave much to shareholders...... 16% ewwww!!

The fundamentals show the share count has doubled over the last year, with not a lot to show for it. And the question marks over DC’s integrity suggest the share count may rise again. This company is being managed for whose benefit?

Will be interesting to see what proportion of the revenues from the new businesses that DC takes away as his own fees.... efest, k pop, art thing... given his past generosity he will probably let the smallest amount possible slip into shareholders hands.

Crl... “ we are owed updates on mainstream projects that the company has told us that it embarked on and we were told the results were good enough to carry on and that commercial negotiations were already ongoing month ago (IBS) etc..”

You evidently aren’t that familiar with the story, Michael, and it is important that people on the board are informed properly. Nightmare was quite right to correct your use of the word “mainstream” when in fact many of the projects have been de-emphasised as non core. The latest interviews with DC make this emphasis clear - oncology, parkinsons, asthma.

I think anyone waiting for the IBS story to evolve is a bit slow to the game. Right now this is about little other than the oncology update next month. IMHO

“They made acquisitions”... they bought 16% of a business with no revenues, little assets, and material start up losses. We probably warranted getting far more than 16% for our £1m, but DC decided to keep most of it for himself. And it’s that last point that sucks the most - DC decided we would get a small amount, cos he loves and cares and feels so responsible for long suffering LVCG holders.

One of the most bullish things is precisely that there haven’t been any material “past raises”. The share count isn’t materially different from where it was 5 or even 10 years ago, making the historic chart a reasonable reflection of where the market may take this.. “and even now after all the past raises”