Hemogenyx Pharmaceuticals Share Discussion Threads

[justhereforhemo] 08/6/2021 15:27

Well, good luck, I saw you lost money elsewhere, so if you make a few quid shorting here fair play. Its not something I would do as its bad enough risking 100% going long, I dont know how people can relax with unlimited risk. Good ole MadVlad, he definitely has kept things interesting this past 6 months lol!

[badger60] 08/6/2021 15:26

Given the dire cash position imo, the mkt cap should be no more than 3-5mio quid max. Unless MadVlad is hoping to win the lottery.....

[badger60] 08/6/2021 15:20

Thinking back about it in the prospectus they said that it was access to the 60mio CLN which was keeping them solvent and a going concern.Oops the CLN is no longer with them.I think that MadVlad may well need a whip around.......and PDQ!!!!

[justhereforhemo] 08/6/2021 15:09

Sorry no, had you taken part in the placing you would have been included in the market sounding which had some details. That said yes your correct its not £10mil sitting in the bank not earmarked that vlad can just go and buy a lifetime supply of Hershey bars with (American reference because he is in NY), the money has been allocated to various projects, but the budgetary requirements for the rest of the year I believe are covered.
Your free to post away and be as sour on hemo as you like, but just curious why? Are you the one shorting or just bored or just hoping for a dip to invest? I guess its just hard to understand your motives now, your posts are generally just noise, I wouldnt even say deramping just... noise i guess? When you were shorting fair enough, I got it, there was a financial upside, I just would like to understand why? IMO you are shorting a little here and there but not constantly and only playing about with the smaller shorts like 500k or 1m shares and I get the feeling its a little like me, your just so used to spending time on hemo boards over the last 6 months its hard to completely switch off? If so dont let me stop you, not even going to give you a hard time for it, there is so much volume a mil shares here and there wont make much difference.

[badger60] 08/6/2021 15:00

If I'm right them Hemocasino are not far away from insolvency!!!!!

[badger60] 08/6/2021 14:56

I dunno how people have arrived at the figure of 10 Mio that Hemocasino have in the bank?The most that I can make it is circa 3mio, which includes the 1.6mio gifted from Mint.Considering they have to repay Orgenesis 1.6 Mio this year + overheads, pay for CDX work and license to big pharma and whatever Penn are charging + Usd400k salaries to Mr and Mrs MadVlad, I would argue that their available cash is less than 1mio quid. Can someone show me otherwise?

[justhereforhemo] 08/6/2021 14:20

Badger, first off,the MMs were churning alot of shares, but last day or two it looks like most of the "sells" end up being short positions when they are reported later in the day or the next day so any rinse and repeat is likely to fill orders not churn placing shares, but its irrelevant as big buy orders the MMs drop the price to fill, big placing sell and MMs drop the price aswell.
In terms of Mint and the placing shares, again this is irrelevant, but no, its my understanding that Mint did NOT get any of the shares from the last conversion, HOWEVER thats not to say they didnt have millions of shares from previous conversions. And again totally irrlevant as clearly many who took part in the placing flipped their shares as soon as they had the chance, just like mint would have making them no better than Mint.
Finally, yes very dissapointed that Vlad didnt just repay more of the CLNs and go for a smaller placing, that was the plan but there was so much cash offered because of the discount that he took it. Again totally disagree with the massive discount, it was far too large, I would have been happy with a 1.9p share price which is what I thought it was going to be being a 10% discount on the lowest closing bid from 3 previous days. It may have taken the pressure off hemo for a long time but I still do not agree with the exact details.

All that aside, its pretty irrelevant right now, the CLNs are gone, any that are sold are either shares that are already on the share register IE not CLNs that can be converted at a cheaper price, or they are borrowed and shorted shares that must be replaced with other shares from the register... Does not change the fact that Hemo is currently 20mil mCap with a much better portfolio than last year when they were 50mil mcap with no funds.

[john henry] 08/6/2021 14:17

It's a shame that the majority of the Placees are traders and couldnt hold for no more than a few seconds

[badger60] 08/6/2021 14:16

The premium earned selling to the mugs say at 1.9p paid for the 1.6mio quid that was bunged to MadVlad.

[badger60] 08/6/2021 14:09

JhfhOf course Mint kept some for themselves......the conversion at 1.5p was daylight robbery, especially being underwritten by the MMS driving the getaway van. MadVlad didn't care how many at what price got converted as his slice of the pie was in cash.......and it also cancelled all the outstanding 8.1mio Hemocasino CLN debt.

[badger60] 08/6/2021 13:53

Pump it up...suck 'em in.....drop the share price .....rinse and repeat. I must say the MMS are doing an excellent job.

[justhereforhemo] 08/6/2021 13:35

Badger I know a few who took part in the placing, myself included. I made a point of asking was anyone connected to mint taking part, the shares were all placed in the mint didn't keep any. And yes it was massivly over subscribed everyone only got about half of what they asked for.
Technically you are correct though, we didn't "buy shares" we bought Convertible Loan Notes from Mint which were then immediately converted into shares. The key point is though that you imply that mint are dumping /shorting etc, categorically mint are gone, they don't hold any CLNs.

[sahina123] 08/6/2021 13:21

Space getting ready for boom

[badger60] 08/6/2021 12:23

Why would I deliberately spin a yarn??

[tonytony4] 08/6/2021 11:04

Seems stock is running dry again! Let's what happens.

Patience will be rewarded here imo... Gla

[chimpychops81] 08/6/2021 10:56

I know you’re saying it’s your opinion Badger. I’m saying I don’t believe you. That you’re just deliberately spinning a yarn.

I categorically don’t believe that you think the share price will collapse from here.

That’s my opinion.

[luckyabbeygale] 08/6/2021 10:52

Sounds like a few getting themselves locked out here.
The bid going up so fast followed by the endless amount of buying has come as a great surprise to me.

[1choip] 08/6/2021 10:41

need to drop below 1.7p for possible chance to making money.

[badger60] 08/6/2021 10:40

JhfhOversubscribed!?!? Nobody outside the inner circle got a look in. It wasn't a placing, it was a block conversion of the outstanding CLN. And of course anybody would have taken it up being priced at 1.5p which was 70 basis points below the then market price. So don't be so condescending and patronising...... we're not all stupid....

[badger60] 08/6/2021 10:30

Only giving you my opinion chimpy.... that's what BBS are supposed to be all about......unless you get censored by those who don't like what you say and use underhand means to do it....jhfh being a classic example in point..,..

[chimpychops81] 08/6/2021 09:56

What if one of the HEMO candidates work Badger? What if the mice work and results and the outcomes they predict on on the mice are actually replicated on humans? Maybe all the drugs work?

Vlad might not have done a great job with the finances and the CLNs, but his scientific exploits remain unquestionable to date. At least that gives hope to some success.

[chimpychops81] 08/6/2021 08:54

Badger you little fibber

HEMOs cash burn is quite literally probably the lowest pre clinical cash spend I’ve seen during my scouring of the junior pharma market.

How does Vlad have to pull something from a hat? He has six products in the portfolio as per the year end report. 2 of them hitting clinical trials this year. Helping people.

And you talk of of over 5yrs to commerciality when in reality proof of concept at end of phase 1/2a trials (which will run concurrently) will add incredible value and furthermore SAVE PATIENT LIVES! Replacing chemo and radiotherapy?!?! Breathtaking stuff.

You’re just blatantly lying now. Unnecessary.

[justhereforhemo] 08/6/2021 07:44

Badger please provide a TL;DR version of ur posts.
FYI, placing of the shares was massivly over subscribed, we only got half of what we asked for.

[badger60] 08/6/2021 06:20

In fact it wouldn't surprise me if the MMS/Mint eventually go short if there are mugs still willing to buy, such is the control that they have over manipulation of the share price Added to which I'm sure that many pre existing shareholders now own X2,x3x4x5......X10 the amount of shares prior to the CLN cancellation and issuance. Also I'm sure that there are many newbies who have been taking up some of the slack at these levels for a trade.....who will be quick to get out once it starts going all bandy.....

[badger60] 08/6/2021 06:03

.....let's not forget that there is nearly 1bn shares in issue........