Dermasalve Sciences Share Discussion Threads

[willib2] 16/9/2008 06:12

Substp.
You are a glowing example of how not to do it.
Of course i,m tagging along, thats how one learns to avoid pitfalls.
Ha ha ha

[substp] 16/9/2008 05:29

"so that we can all avoid them"

There you go..........

Heh heh heh and you're still tagging along ....... :-)

[willib2] 15/9/2008 21:10

Substp.
Seems to me you have gone through this dubious RNS information before with another company.
In both cases the companies had a star NED watching over things.
Cant believe how you manage to connect with such companies and then spend so much time dissecting/analysing the subsequent downfall.
Think you should take the Reverends suggestion up and go to the Maldives and spend some of the time re-thinking your company choice strategy.
Please let us all know what you have come up with so that we can all avoid them.

[substp] 15/9/2008 10:52

Has anyone actually been in a Waitrose to see if they are carrying MorEPA ? The nearest store to us is about 1 1/4 hrs away in the wrong direction .... :-)

[redd] 15/9/2008 10:33

hirschnathan, don't be silly, you're losing (correct spelling!) money because the Directors failed to sell the quantities of product necessary to produce decent returns. All they managed thus far is just 2 foreign contracts of dubious value!

You can't blame the credit crunch for that!

[substp] 15/9/2008 10:28

You're wrong Nathan because they gave small time scales to start ups on several occasions and it looks as if they never materialised . Their RNSs and articles indicate done deals in the very short term on many of them . Most of these happened last year before the high publicity about the credit crunch .


I feel they have done nothing but lied or distorted to try to help progress DRMs share price . :-(

[hirschnathan] 15/9/2008 10:17

I am not really sure why you are out to knock the personalties of directors.

I am not happy about loosing money, but you cant really blame them for landing in middle of a cash crunch, when they expected to raise the money simply

[oranges] 15/9/2008 08:58

They are commonly known as Shysters! shaft anyone and everyone, no faith or trust at all in them.

[substp] 15/9/2008 07:38

One has to wonder why there has been so many things said through an RNS or not that has never come about . Most have been intentions and not facts . All I can see is serious false rampings by the management.

With all of the half baked RNSs in the past I can't see how anyone will be able to believe anything they have to say in the future .

DRM needs a clean sheet to become credible and respectable again . The directorshps need replacing with people who will look after DRMs best interests . This includes the NEDs as they were suppose to be watching over DRM but I can only assume they were in coercion .

[substp] 14/9/2008 19:22

Are you trying to pull our legs Nathan ??? :-)

"04-Sep-2007 - A UK-based company providing solutions for sensitive skin, has announced a deal to distribute its hand cleanser and skin moisturiser in South Africa; a decision aimed at tapping into significant growth in this emerging market.

DermaSalve Sciences, established in early 2006, specialise in products that contain no known skin sensitisers, detailed in the EU Cosmetics Directive.

The company have a range of five moisturisers including formulations for the face hands, body, feet and heels, as well as a product specifically formulated for infants and babies.

The company is to launch its set of moisturisers on the South African market in about six weeks time, following a successful test run of the products in March.

The launch is the result of a deal with SekPharma, the Health Care subsidiary of Cape Town-based Sekunjalo investments.




Have there been serious porkies told here ?????? :-((

[hirschnathan] 14/9/2008 17:04

what connection with drm?

[substp] 14/9/2008 07:05

IntroductionSekunjalo has entered into an agreement, dated 1 July 2008 ("the
underwriting agreement") to underwrite 100% of the Rights issue to be undertaken
by, Sekunjalo Health Care Limited ("Rights issue").
Rationale
Sekunjalo currently owns 54% (voting) and 32.3% (equity) of Sekunjalo Health
Care Limited and is the 100% funder of the underlying businesses within the
group. The Sekunjalo Health Care businesses require new capital injection to
support the current businesses and take advantage of a number of contracts that
have been awarded to group companies. All shareholders of Sekunjalo Health Care
Limited have been afforded the opportunity to participate in the new growth
strategies in Sekunjalo Health Care Limited by following their rights in terms
of the Rights issue. Sekunjalo believes in the success of these new strategies
and thus has agreed to not only follow their rights in terms of the Rights issue
but also underwrite the entire Rights issue.

The Rights issue will be concluded by the 13th August 2008, whereafter an
announcement will be released advising shareholders of the extent of Sekunjalo`s
obligations in terms of the underwriting agreement and consequently the total
number of Rights issue shares acquired by Sekunjalo in terms of the Rights issue

Can anyone find one ???????


CAUTIONARY ANNOUNCEMENT
Shareholders are advised that Sekunjalo has entered into negotiations which, if
successfully concluded may have a material effect on the price of the company`s
securities. Accordingly, shareholders are advised to exercise caution when
dealing in the company`s securities until a full announcement is made.
Cape Town
04 September 2008




Looks as if they are having their own problems ...... :-(

[substp] 14/9/2008 05:40

I still wonder why Lloyds has made such a dramatic drop in their prices on the body cream . It use to be as high as the web sites . There was no "Clearance" or "Sale" notice ...... ???

[willib2] 13/9/2008 21:17

Substp
Doubt it boyo.

[substp] 13/9/2008 17:55

Okay , maybe this product will now attract the punters on a shoe string budget ... Could be loads of volume here .... :-)

[substp] 13/9/2008 09:48

And why not change the prices on the Dermasalve web site ?

[substp] 13/9/2008 09:44

Hmmmmmmmm

Just got back from our small local Lloyds Chemist . While I was waiting on the pharmacist I had another look around . I could only find the body cream in there still but the the supply had been topped up from last time I looked .

The shock of it was that the 100ml was priced at £3 and the 200ml at £5 !!!!
On their web site it's £5.99 and £9.99 !!!!!

Is there any profit left in it ? Competitive or dumping old stock ?

:-(

[willib2] 12/9/2008 18:17

tenniselbow
Did they actually deliver any to SA.
It might have been shipped on one of those rudderless boats Mark30 is akin to.

[tenniselbow] 12/9/2008 12:05

Do we no if they have sold any products in SA and had any repeat orders ?

[substp] 12/9/2008 08:58

Were you referring to DRM or MG Nathan ?

[hirschnathan] 12/9/2008 08:09

They are not done the pan yet, they are still trading.

[substp] 12/9/2008 07:04

You know I'm sympathetic Mark ....... :-))

[mark30] 12/9/2008 06:56

Morning Sub's aye t'was a silly shift this am :0)

[substp] 12/9/2008 06:27

Was someone trying to make a go of MG Advice through Mr. Trans Recibase platform ? Has it failed ?