mol42
16 Mar 2018
Re: gr8 broker choice account resigned b... [link]
mol42
16 Mar 2018
Re: gr8 broker choice account resigned break... [link]
dinoy
16 Mar 2018
gr8 broker choice account resigned break of FCA rules not bad for starters 3 ugly sisters joined them too beafourt mk2[link] n weep
dinoy
16 Mar 2018
FCA studies claim bookmakers created ‘false market’ in shares [link]
Tired and Confused
15 Mar 2018
Re: Reply from Dr Sarah Wollaston MP I've sent the committee the following.---------- ---------- ---------- ---------- ---------- I am a small investor who over the years has invested in several PLC’s listed on AIM. It is in the nature of these Companies, in many cases, to require funding. This is particularly true of small pharma’s who are helping to develop the drugs of the future but spend years progressing drug compounds through clinical trials with no income. I will use small pharma Companies as my example but the same scenario is true for many AIM Companies involved in many sectors. For the small PI investor AIM presents an opportunity to invest in small Companies and I for one expecting there to be capital raising and unavoidable dilution as shares in issue and associated financial debt/instruments increase. Effectively, as shares in issue and debt increases, existing shareholders own a smaller part of the ‘pie’. The hope for small PI’s is that as years go by and results demonstrate efficacy the ‘pie’ will get bigger, hopefully considerably bigger, which compensates for the R&D spend and dilution and hopefully we make a profit. In the case of small pharma’s the Company wins, the patient wins as a result of newly developed drugs and the investor wins by making a return on capital employed. This clearly isn’t always going to be the case; things don’t always work out and in the case of small pharma’s the success rate is very small indeed. All PI’s who invest in small pharma’s should expect more Companies to fail as an investment than work out and make gains but we hope that the smaller percentage who deliver do so in spectacular style and compensate for losses made elsewhere. That is the risk/reward strategy I follow. I take fair gains and accept fair losses.I do however take exception to the ever increasing examples of Broker’s and Companies excluding shareholders from the process of raising funds through placements. Often we are never given the chance to participate in the placement of new shares and issue of warrants. The first we know is when an announcement is made saying the Company is ‘delighted to announce’ what is nothing more than a hugely discounted shares issue, often timed around ‘good news’ leading to a ‘pump and dump’ spike in the share price where the newly issued shares and warrants are converted/sold quickly at a profit leaving existing shareholder holdings diluted and them out of pocket. This, I’m my opinion, is little more than legal theft orchestrated by Broker’s and specialist investment firms who specialise, in some cases, in raising funds for Companies who would find it difficult to access main stream borrowing elsewhere.I accept all the risks and I am not complaining about making legitimate losses but I cannot understand why it is legal for existing shareholders to be cut out of capital raising when this is done through the issue of new shares. Companies will always need to raise money from time to time so why is it legal to cut out existing shareholders or, to only invite certain shareholders, to participate in the capital raising when we are all subject to the dilution this creates?This week we saw Beanfort the UK/US Broker effectively closed down by the FCA after a ‘sting’ operation in the US by the DoJ. The FCA seem to have been aware problems of problems with Beaufort and have had their operation in the UK under sanction and close supervision for some time. It seems to me that although the FCA restricted their service to clients in the UK that Beaufort have been left to continue assisting Companies to raise money in the UK to keep up the cover in support of the DoJ covert operation. I would ask the committee to consider two things in respect of the above.1. Investigating the ways in which Brokers and specialist funding Companies are allowed design and a arrange funding packages for AIM Companies, often rewarding themselves in the process disproportionately whilst at the same time excluding existing sh
dinoy
15 Mar 2018
[link] The founder of a US start-up that promised to revolutionise blood testing has agreed to settle charges that she raised over $700m (£500m) fraudulently.The Securities and Exchange Commission, a top US financial regulator, said Elizabeth Holmes and Theranos deceived investors about the firm's technology.[link]
dinoy
15 Mar 2018
valirx in report profiles 38 companies including many key and niche players [link]
fredd1eboy
14 Mar 2018
Reply from Dr Sarah Wollaston MP I received a sympathetic reply from Sarah. She is referring the matter on but also suggested I contact the following to reinforce my complaint regarding the inability of our regulators to properly police aim. May I suggest those of you who are unhappy with the recent events affecting Valirx "Beaufort Securities/ YV" do the same. Best wishes. Freddie[link]
fredd1eboy
12 Mar 2018
Earlier this morning I spoke with.... George Morris. He was in great form having had a couple of days away. He was his usual friendly informative self, sharing over 5 minutes of his time to talk with me. He does read our blog and appreciates our continued interest in current events. He also appreciates the speculation for an update and the reasons why. He said there was nothing at all to worry about. Also that they are in discussion / looking at several brokers and that they would probably make their minds up by the end of the week, albeit there is actually no urgency generated by others. All in all a good conversation. I just wish other companies I invest in were so open and appreciative dialogue with us small investors.Best wishes. Freddie
dinoy
12 Mar 2018
Re: copy the message to your local mp to... how much the guy with user id ending with 24 hold in valirx you were saying he a big holder as a matter of interest when did he buy
fredd1eboy
12 Mar 2018
Re: copy the message to your local mp to... Will do later, when a youngster with technical skills can help me!
dinoy
12 Mar 2018
Re: copy the message to your local mp to... do ypu mind tweeting it using #val #valirx #picasso #fraud use russell cox as template so link to the tweet can be publishedthe way you done it will be burried and cannot be quoted by any article as link etcthanks
fredd1eboy
11 Mar 2018
Bit more feedback [link]
fredd1eboy
11 Mar 2018
Wonder if we are one of the ten... Will ValiRx have suffered from Beaufort short selling?,....GL S[link]
fredd1eboy
11 Mar 2018
Re: copy the message to your local mp to get... Please find a copy of my letter to Dr Sarah Wolleston MPI have cut out personal information...I have limited savings, invested in small healthcare biopharma companies trying to make a difference. Most are registered on aim and all are being destroyed due to lack of financing and apparent market manipulation/insider trading. One of the culprits Beaufort Securities, now insolvent, was found out during an FBI sting operation. It appears that our own financial services authorities are disinterested in bringing these culprits to justice. I have lost around 80% of my savings and so it's too late for me, but I'm so sad that so many of our small scientific institutions are slowly being destroyed by fraudulent companies allowed openly to manipulate share prices and bring down small fledgling companies. It is the responsibility of the FSA to police aim and yet it has taken the FBI to uncover Beaufort wrongdoings in the UK. This is the tip of the iceberg.As I say, many biotech companies are being destroyed as I write and it is down to greed and corruption...there is now proof. Please refer to the recent Financial Times report on Beaufort Securities and please ask Sarah to fight for our biotechnology future by bringing the FSA to account through our Chancellor and forcing them to properly police our financial institutions Yours sincerely
