Chromogenex Share Discussion Threads

[battyman2] 10/8/2008 14:44

I will be writing a very straightforward letter to the management next week.

[shakyhands] 09/8/2008 20:00

That would be really sad - they deserve better.

[liarspoker] 09/8/2008 12:42

Heading into liquidation imo.

[shakyhands] 09/8/2008 12:06

Admirably succinct,but would you care to elaborate,Battyman2 ?

[battyman2] 08/8/2008 14:41

DISASTER!!!!

[jon_scully] 07/8/2008 18:33

Whats happening there? Down 12% it must be because the MMs have time to scrutinise the audited accounts thats posted on their website



which reads worse than the statement on the LSE.

i.e
'Revenue
Revenue has fallen by 8% to £4,122,000 (2006: £4,462,000) generating an operating loss of £695,000 (2006:operating profit restated: £339,000).

Administrative expenses have increased by 11% to £1,938,000 (2006: £1,748,000). Research and development expenditure has increased to £283,000 (2006: £58,000). Staff costs have fallen in the year to £1,126,000 (2006:
£1,217,000) whilst staff numbers have risen to 42 (2006: 37).'


The above is interesting, they seem to have more people working there but less staff costs??? I cant work that one out, especially with the comments below!!!!! Wait for it.......

'We have taken action to reduce our cost base and staffing levels to reflect a more challenging market.'

So they have made a loss of 697K and then............


'The highest paid director received a salary and benefits in kind of £113,000 plus pension contribution of £3,000 (2006: £77,000 plus pension contribution of £4,080). The Group made pension contributions onbehalf of two other directors.'

I participated in a thing called mathematics during my education, not so long ago so it is still fresh in my mind luckily......lol
I wonder where all the money is going???
4 or 5 directors share approx 400K p.a. and rest of employees of 500K between them........


keep up the good work

any of you guys want to comment. Liarspoekr? Flateric? battyman? i would like to know what u think

[shakyhands] 28/7/2008 21:04

Chromoderm was new to me,Battyman2,I hadn't been checking the website that often though.Problem seems to be that any sales that would have taken place while the licence wasn't valid didn't,so to speak [ok,I'm not sure how that works,really].So any historical report has to play that with a totally straight bat,which makes gloomy reading.
Good news on the FDA approval,though.

[goodgrief] 28/7/2008 13:47

Bloody hell, this thing has a pulse after all.
Bit low on cash though. Had expected it to be declared bankrupt.

[dina] 26/7/2008 10:01

My partner phoned the company last Tuesday. They promised results would be out next week.

[goodgrief] 25/7/2008 10:52

If only this had a pulse...

[battyman2] 25/7/2008 09:38

I just see "Chromopulse" - any others I'm missing?

[shakyhands] 24/7/2008 17:55

Interesting new products on't website - spread the word,folks - we might even reach some retail end users !

[battyman2] 24/7/2008 09:41

FlatEric, not easy to do that when the shares are suspended

[flateric] 22/7/2008 15:07

Anyone is worried...? Cut your losses.

[battyman2] 16/7/2008 10:35

Dina, looks like the website has been updated with the new product. Called "Chromopulse" says it's for skin pigmentation problems. Could it be the 'miracle' we need? One can only hope so.

[dina] 16/7/2008 10:21

Oh I see the website is back up as of a few minutes ago!

[dina] 16/7/2008 09:33

Flateric do you know what is happening?

[dina] 16/7/2008 09:32

Well it seems that Spud may have a point. Their website is down and one cannot seem to get hold of anyone. Is the writing on the wall??

[battyman2] 09/7/2008 10:03

Anyone been in touch with them to find out when the accounts will eventually be published?

[battyman2] 09/7/2008 10:02

Well you go away for a while and look what happens.

[shakyhands] 08/7/2008 21:50

That's a bit hard.Chromogenex was never over-hyped !

[goodgrief] 07/7/2008 10:21

From today's Telegraph... under the title "Over-hyped Aim market stocks set to follow Tanfield's tumble".


Another 14 foul up

With companies' share prices collapsing all over the place, the London Stock Exchange's Aim regulation team has been very busy of late.

In the past seven days, another 14 companies have had trading in their shares suspended until they have sent out their annual report to shareholders.

This is a testament to the low quality of corporate reporting on Aim. In the past two weeks alone, 2pc of the whole market (28 out of 1,660 companies) have had trading in their shares halted because of the simple failure to produce an annual report within six months of their year-end.

Last week's errant companies were: Vigilant Technology, Dermasalve Sciences, Equator Exploration, America Leisure Group, Company Health Group, Petrolatina Energy, BHK, Cambridge Mineral Resources, Angel Biotechnology Holdings, Bioganix, Chromogenex, Central African Gold, Absolute Capital Management and ARC Fund Management Holdings.

[flateric] 01/7/2008 08:35

The Canadian deal cost them 3 or 4 months in Canada. That's all.

I agree with the rest, though.

[a4rdvark] 01/7/2008 08:29

There is only one route for this company IMHO and that is a complete shake down. get rid of the idiots that have messed this company up, especially the canadian deal which started this fiasco.......