Motif Bio Share Discussion Threads

[scottdavid70] 13/5/2021 08:19

It’s pretty clear that Jonathan Gold as a non executive director is going to get a whole buffet of FREE EQUITY and his MAGNIFICENT GESTURE of not taking CASH is just that - a gesture but it’s an ILLUSION of a CONSCIENCE

These people caused FAILURE then carved out ICLAPRIM into ORANGE AVENUE TECHNOLOGIES LLC and are more than likely going to individually benefit from THAT TOO ahead of us

They took ZERO RISK - HUNDREDS OF THOUSANDS IN SALARIES- WE GOT DILUTED TO OBLIVION- WE HABE TO ACCEPT CONSOLIDATION-

They get SUMPTUOUS AND SIGNIFICANT SAHRES whilst FAILING AND possibly gaining large individual exposure and UPSIDE to ICLAPRIM for all we know

JUST TRIGGERS NE NO END this type of CORPORATE GREED

[scottdavid70] 12/5/2021 23:05

LSE wanting LTH to participate in the fundraise would be great to allow those suffering the most and would be in their best interests but as we know this BOD don’t give a f### about shareholders best interests otherwise this greed grab wouldn’t have happened in the first place.

Hope I am wrong but LTH will be locked out of any potential benefits of being involved in a fundraising.

Just look at what they have done re-Iclaprim to see what they think of shareholders best interests - zero information still on Orange Avenue Technologies LLC and any news on the trials supposedly that have been under way

Bet the Directors have given up their cash incentives for free equity for themselves greedy Graham won’t have passed that up!

[small crow] 12/5/2021 12:24

Hope you held on to your shares Scott. I'd like to see you cheer up.

[tnt99] 11/5/2021 21:10

Probably find the preposed rto is with orange avenue lol

[scottdavid70] 11/5/2021 20:29

Irony is dripping here - the failed first IPO on the Nasdaq probably accumulated some of that - yet they were still hopeful of getting a BONUS and deferred salaries when the accounts show a loss in excess of Us $100 million

No idea where Iclaprim has landed in terms of the company it’s now controlled by and whom

The systems is so broken

[tnt99] 11/5/2021 19:22

Well the tax loss ironically is the only thing of value here it's a mad world

[scottdavid70] 11/5/2021 18:49

AstraZeneca shareholders revolt over CEO pay

Same should happen here

What did Lumsden do to earn $115,000 last year? Baristas don’t make that much in New York or London

The greed kills me

[scottdavid70] 11/5/2021 13:56

US $18 million is the magic number to be focusing on in terms of value enhancement and applicable to the RTO overall value

[philoosh] 11/5/2021 12:51

light at the end of the rather dark, long, foreboding tunnel?

[small crow] 10/5/2021 19:37

Bye Scott.

[scottdavid70] 10/5/2021 19:30

I know I said i wouldn’t post but o feel this is relevant- several investors I know have asked the company to clarify the situation surrounding Orange Avenue Technologies LLC - where it is - who sits on the Board etc - but nothing from the company. The state of play with Iclaprim.

We await the detail of the RTO but I am very skeptical these directors have grown consciences - so the fact they forgoed their salaries and the fact they don’t want to shine a light or illuminate investors in anyway as to the story with Orange Avenue Technologies LLC makes me deeply suspicious.

I would ask everyone on here to ask the company and Walbrook for clarification of what exactly and who exactly that company is before your wealth disappears.

Did carving out as I suspect Iclaprim from the final RTO deal allow them to walk away looking like they were good people when in fact the only value was in Iclaprim and they are sharing the spoils between themselves????

Much food for thought here everyone

[tnt99] 10/5/2021 17:15

For me it has always been about intaclam

[tnt99] 10/5/2021 17:14

Well Scot let's put it this way I would rather be on your side but I hope I'm wrong and this rises from the ashes of nothingness at least we will still be in the game I think

[tnt99] 10/5/2021 08:04

Well could this be about to return from the grave or more sinanigans

[moneymunch] 10/5/2021 07:59

Corporate Update

Throughout 2020, the Board engaged with multiple candidates and explored numerous potential Reverse Takeover ('RTO') transactions. The Board is now working towards completing the previously announced RTO transaction with a UK based anti-body drug conjugate drug discovery and development company.

Confidential marketing has begun for a fundraising to accompany the RTO transaction. The Board expects that further details of the transaction will be announced later in May with a General Meeting and shareholder vote to follow thereafter.

In support of the transaction, the Board has agreed to forgo all previously agreed cash incentives tied to the occurrence of an RTO.

In preparation for the completion of the RTO, Jonathan Gold will step down from his role as an Executive Director and become a Non-Executive Director, with immediate effect. We thank Jonathan for his leadership and collaboration with the Board in advancing what we consider to be a compelling and value-creating RTO opportunity for Motif's shareholders. Jonathan is expected to continue as a Non-Executive Director of the enlarged group following the completion of the RTO.

Bruce Williams, Chairman of Motif Bio, said: On behalf of the Board, I wish to express our appreciation for the valued support and patience of Motif's various stakeholders as we work to complete the RTO.

[scottdavid70] 10/5/2021 07:35

Is Jonathan Gold stepping down with immediate effect so he doesn’t have to declare his interest in Orange Avenue Technologies LLC for example?

Many questions still unanswered here for those who have suffered at the hands of these Directors who are supped to ALWAYS be working in the BEST INTEREST of SHAREHOLDERS

[scottdavid70] 10/5/2021 07:33

Final post of the day sorry -

NEVER LOSE SIGHT OF WHAT IS GOING ON AND HAPPENS WITH ORANGE AVENUE TECHNOLOGIES LLC- the reason they may have forgone their cash incentives is because of what has gone on with Iclaprim and potentially a big payday for Gold and Lumsden if they are in on that piece of action.

Let’s see how much of an explanation is given later in the month about Orange Avenue Technologies LLC and John Palmer - the opaque nature and secrecy of that deal is still deeply disturbing to me and others - we need total clarity

[morrie1234] 10/5/2021 07:17

You are quiet this morning Scott

[scottdavid70] 09/5/2021 08:01

The lack of advertising, promotion or marketing tells you what is coming tomorrow.

They have Erin out of runway and will
Have to come clean - as I said pushed into May to take the last of the fundraise and now will announce there is no RTO I believe

£650,000 raised and spent to the penny over a year for a RTO which could take 4 weeks - some strange clairvoyance from the Motif Bio Directors on that fundraise...almost like they knew what they were going to do before they raised the money

[scottdavid70] 09/5/2021 07:54

Absolutely nothing across any platform with regard to promoting or marketing the RTO for Motif Bio.

Now all the fundraise has been moved into Jonathan Golds bank account I guess there is none left for the oh so important marketing that was so important it was needed to be mentioned in the RNS

[tnt99] 08/5/2021 21:52

Sound of silence is deafening

[scottdavid70] 07/5/2021 18:33

Only be 48 hours but the end is coming make no mistake

Continued disdain for shareholders who have had no chance to use the money they invested here for over 2 years while Director’s continue to deposits tens of thousands pounds each month into their accounts

Zero communication- zero marketing- zero explanation of Orange Avenue Technologies LLC - zero except the zeros on their salary cheques which are as numerous as the ones above