Advanced Oncotherapy Share Discussion Threads

[waterloo01] 25/1/2017 18:58

Stockholm syndrome!

[daijavu] 25/1/2017 18:52

One thing to bear in mind is that this is an AIM company and it is a risky investment at best. Nobody should put their money into it unless they are prepared to lose the lot. That has always been the case with AVO so nothing has changed.

What puzzles me is the BoD and the other major shareholders. If things are as bad as the opinions on here suggest, I would expect to have seen some large sells as they bail out but there haven't been any.

Can anyone suggest a reason for that?

[pyglet] 25/1/2017 15:47

Dodo as dead as!

[sweet karolina] 25/1/2017 09:55

JakNife,

I suspect there will be quite a few questions about the Sinophi affair which they will decline to answer on the grounds of market disclosure rules and ongoing legal proceedings.

The real question is why do a Proactive presentation - often the purpose is to ramp the share price ahead of a placing.

[vatnabrekk] 25/1/2017 08:44

If they play nice with Sinophi just now, they may stand a chance of getting another order from them when AVO get a working prototype. If they annoy Sinophi by taking them to court, then further orders from them would be unlikely.

I wonder what now happens to the deposit that was paid to AVO? Will they have to refund it, or was it non-refundable?

[vatnabrekk] 24/1/2017 18:46

I read somewhere (can't remember where) that the contracts are under UK law, and with a UK company (Sinophi Healthcare UK Ltd, which has no substance as has already been said above). So it would be tried in a UK court, not in China.

Anyway, that aside, I hope AVO doesn't waste valuable time and money trying to take Sinophi to court. If the order was terminated because AVO couldn't give a delivery date, which is what Sinophi claimed in their web site, then I can't see that AVO would stand much chance of winning.

And in any case, if the technology is eventually proved to work and turns out to be as good as AVO claim, then there should be a queue of potential customers waiting to buy the machines upon verification, so the loss of the Sinophi orders ought not to be of any consequence to AVO. IMHO they need to focus on the job in hand and forget Sinophi.

[waterloo01] 24/1/2017 18:16

That's what I have been saying. I posted the above about 2-3 months ago. No substance.

[gerhart] 24/1/2017 11:25

Get a grip Barent.

I am not surprised that TW says we are kaput. But he said that months ago - when he correctly spotted problems with sinophi. But he needs to drive the share price down as much as possible too in order to be right. That is a simple fact. I am not saying he is a deliberate deramper. But I strongly believe he is wrong.

But only the future knows the truth!

[ionlypostafterbbms] 24/1/2017 11:05

Reality checks?

[euroto] 24/1/2017 10:55

SO what is your particular agenda then barnet ?

[euroto] 24/1/2017 09:24

and SUMM with Waterloo

[euroto] 24/1/2017 09:23

tia - I am in CAP XX too !!

[waterloo01] 24/1/2017 09:06

Don't Cern own the IP? Harley St is 2 years away at least (and I'm still surprised that De Walden haven't jumped ship themselves).

[igbertsponk] 24/1/2017 09:00

What will happen next is sadly obvious.
Forget suing a UK subsid with £10k net assets - will be cut adrift and good luck suing in China...
So focus will turn to the UK again. Harley Street is pretty much given away, and is years off.
They've admitted they can't raise any more equity (the loan agreements probably prevent it).
So only way to stay solvent is to sell parts of the IP off.
So the best shareholders can hope for is a continuing stake in whatever sales the company can get going in the medium term.
It will be years before any revenues flow the company's way, and until then there's a very expensive Board to pay.
Current market cap is way too high - this company belongs to the loan providers, not the shareholders.

[tia1617] 24/1/2017 08:35

meanwhile my other one-time donkey share, Cap-xx, is getting its act together.

[gerhart] 24/1/2017 08:26

They're clearly in serious discussions with some party about non-dilutive funding. Maybe Segulah who bought more shares recently at about 75p and own over 4% - google for background.

The BOD have been very poor in their public handling of this episode. But I suspect people like Segulah where "better informed" about probable outcome before they bought more.

And don't forget we, AVO, are doing a presentation on Thursday night.

Mind the cynic in me, suspects the timing of yesterday's RNS was intended to provide padding for today's.

Wee Tom W will be in orgasma-mode today!

[jestercat2] 24/1/2017 08:12

Finance is the real issue now - no milestone payments to come - cash burn is high and getting anyone to stump up cash to see them through to a finished product would seem unlikely with no sales now on the books. It's a bloody shame as the product is potentially great, but without cash we're never going to see it unless they get bought out.

[someuwin] 24/1/2017 07:57

No money.

No product.

No orders.

No hope?

[waterloo01] 24/1/2017 07:33

Trouble is the contract is with a non entity in the UK with no revenues and is just a shell. Sue away. There is nothing there

[gerryjames] 24/1/2017 07:20

No legal basis. Lol. They should sue them. Sue China. In China.