Advanced Oncotherapy Share Discussion Threads

[igbertsponk] 11/5/2018 13:44

If I was a cynical sort of chap, I'd be wondering if the Chinese have sold all their shares they bought on the cheap to gullible investors for a nice profit, and are now not at all keen to put up the cash for the agreement....

[baner] 11/5/2018 10:54

Why ”why no shares then....” - the chinese have been issued 45m shares as per the agreement and har registered as holders of these, if you bother to have a look at the AVO website - what is your problem?

[igbertsponk] 11/5/2018 10:45

So why no shares issued then?

[baner] 11/5/2018 10:34

”The Company has received..........” - why does this wording suggest the money is still in China? Stop this non-sense and meaningless ”hair-splitting analysis” and have a look at the fundamental potential of this fantastic company! I get the impression some of the ”contributors” here are in rather desperate short positions with respect to the AVO shares, and those i can only recommend them to close their positions as it is only going to become more and more expensive going forward.

[igbertsponk] 11/5/2018 10:27

Very odd RNS wording. mixing up of tenses. They state that the cash "will be used towards the repayment of the loan" - which suggests that's in the future.
But then say "All the assets of the Company are now free of any security arrangement" - present tense.
Smells.
And then you add in the emergence of this strange affiliate "the Company has received from Yantai Cipu, through its affiliated entity Liquid Harmony". Which suggests to me that the dosh is still in China (there's no UK company called Liquid harmony"). And they've not issued any shares.
Stinks.
Until the cash is in a UK bank and they prove they've paid off the debt this company is still in big trouble and needs more cash.
Note they don't say WHY only part of the cash has been "received" - one hates to wonder what the reason for that is.
For me, this remains a bargepole.

[paul_98] 11/5/2018 10:14

This I ignore. GLA!!

[scantrader] 11/5/2018 09:59

Scathing update from SP

[paul_98] 11/5/2018 08:38

Very happy with this ‘expected̵7; news.

[baner] 11/5/2018 07:55

Clearly AVO has received the 13.5m for the shares and now also 6.5m as a first payment for the licence agreement. The remaining 10m will be received in the next coming weeks according to the company - and why would the chinese walk away from that, losing at least the 6.5m now paid? So there should be 30m received in total from the chinese within weeks,and also a potentially beneficial marketing agreement for a huge market for AVO´s technique. This all demonstrate that the BOD is doing a good job for the company and its shareholders, and also that the chinese have serious intentions and a very strong belief in AVO. So time for the AVO bears to stop making all these negative comments re the management etc -and focus on the fantastic future potential that this company no doubt represent. Share price should go north from now on. A long way.

[daijavu] 11/5/2018 07:42

Despite some posters wrongly insisting that AVO had already received the Chinese money and erroneously miss-citing a number of irrelevant articles in evidence, today's RNS informs us that, at long last, AVO has just received the first instalment of the money.

All I ask is that if people post they provide accurate information and do not attempt to mislead anyone.

[paul_98] 11/5/2018 07:33

Andy, see RNS issued today. All the best!!!

[scantrader] 11/5/2018 01:03

For those not following the share prophets commentary on this subject here are some of their comments from April ...



They don't dispute that the shares have been ISSUED - the doubt is whether they've been actually PAID for (hence no TR1 and new board member confirmation).

Being assigned something does't necessarily mean you own it until you've paid for it

The waters are very muddy, as they often are with AVO.

[andy] 10/5/2018 22:21

paul,

Where's the RNS?

And why not updated before?

[makeamillion1] 10/5/2018 18:23

I think this was overlooked and should have been updated 16th February when it was announced that Yantai Cipu had completed the subscription, just my opinion.

[paul_98] 10/5/2018 18:12

Thoughts Andy?

This is great. Just announced?

[makeamillion1] 10/5/2018 18:05

Well well well

All you doubters, money received all 45m shares issued!

hxxps://www.avoplc.com/Investor-Relations/Shareholder-Analysis

Liquid Harmony Limited 45,000,000 29.90%

Have faith and rest assured the remaining £16.5m will be received on conclusion of the Distribution agreement. Those of you that doubt that will happen, well just consider it will be Yantai Cipu and their subsidiary Liquid Harmony Ltd that will loose out, they clearly have a great deal of confidence in the company.

GLA

[igbertsponk] 10/5/2018 14:53

Yes, they said on 3rd April "Advanced Oncotherapy has been provided assurance that regardless of the outcome of the negotiations, Yantai Cipu, and its affiliated entity Liquid Harmony, are contractually committed to the terms of the Distribution Agreement which includes the receipt of the GBP16,500,000 payment relating to the commercial agreement announced on 7 December 2017."

As much chance of the cash being received as usual with this company.

[marvin66] 10/5/2018 14:37

At the start of April (3rd) AVO announced that negotiations would continue past the originally announced date of 31 March 2018

[paul_98] 10/5/2018 14:35

I think it will be soon.

[andy] 10/5/2018 13:46

Paul,

I think this is where the date is mentioned:


The Company and Yantai Cipu have agreed that it is in the best interest of the Company and its shareholders to extend the Long Stop Date for the Distribution Agreement until 31 March 2018 to enable the satisfactory completion of the negotiations with the new participant.

The commitment of Yantai Cipu vis-à-vis the Distribution Agreement is unchanged, and the receipt of the GBP16,500,000 payment from Yantai Cipu relating to the commercial agreement with Yantai Cipu also announced on 7 December 2017 is not conditional on the completion of negotiations with the distribution company.

[paul_98] 10/5/2018 08:59

Andy, did they actually specify when it was due? It will arrive in due course I’m sure. Patients required to gain here.

[twirl] 10/5/2018 08:47

This company is run by the same people eg Sinclair and serandour who took a fund raising to market without mentioning the problems with Sinophi.

That cost me and many others a great deal of money. If I were wealthy I would have taken legal action against the Board.

If someone sold you a car which you discovered later was faulty would you buy another car from them.

[andy] 10/5/2018 08:09

Paul,

Do you have any thoughts as to why the Chinese money has not been received yet?

[paul_98] 10/5/2018 06:34

Way too negative IMO!