Motif Bio Share Discussion Threads

[scottdavid70] 20/5/2021 13:34

Everyone ok with the accounts from
Last year? Was wondering if anyone bothered to look through them?

Given everything how does everyone feel about these numbers?

Director fees, employee/consultant compensation, including
share-based payments was $258,000 in 2019 and $563,000 in 2020?

Do you see that as good value as the company who was ultimately responsible for the virtual loss of all your investment here increased its salaries etc by almost 50%?

Do you think they should have saved money on salaries whilst attempting to salvage your investment?

Also Investor/PR and related fees was $32,000 in 2019 and a quite remarkable $59,000 in 2020?

How was the exposure generated in the last 18 months for Iclaprim etc for example? I didn’t personally see any or any explanations of what happened in the army trials or the 2 new patents? So how is a rise that substantial justified?

All answers happily read on here or go seek some answers from the company if you aren’t happy

[scottdavid70] 20/5/2021 11:19

Yup this delay was definitely just about an audit for the new Covid rules...probably just trying to mask the Orange Avenue Technologies LLC company in an even greater cloak of secrecy.

‘Confidential’ marketing - red herring for don’t let anyone see what we have done and let’s not help the very shareholders whose best interest we are supposed to be looking after.

Grotesque the whole saga from the greed to lack of transparency- I will never stop searching for who benefits from the sale of Iclaprim personally amongst this lot

[scottdavid70] 19/5/2021 07:35

Every day delay is a day without access to your money which basically has been over 2 and a half years since Lumsden failed to Iclaprim approved.

They got paid a grotesque salary every month - never felt the shareholders same pain - they haven’t been impacted

No wonder they have zero empathy for shareholders whom funded their lavish lifestyles

[scottdavid70] 19/5/2021 07:20

So we were supposed to have a RTO done by end of Jam

Then end of March

Then some arbitrary info about the audit rules changing made it end of April/early May

Still no AIm admission document...just because of some minor audit rules change

Sure I buy that and once we know the ‘reasonable217; share consolidation and how much the ‘confidential’ marketing fundraise is THAT WE ARE NOT INVITED TO PARTICIPATE IN DESPITE THE DIRECTORS SALARIES BEING PAID THROUGH OUR CASH - we will know why the red herring of a audit was used as an excuse

Total disdain for the shareholders still persists

[tnt99] 18/5/2021 19:42

So late April early May we are still waiting and it's mid May now surely the rto must be announced soon

[small crow] 18/5/2021 13:14

I'm glass-half-full, perhaps even three-quarters, Scott. Do you even have a glass?

[scottdavid70] 18/5/2021 09:36

One thing that’s huge here is the ‘reasonable217; share consolidation - given their take on what was ‘reasonable217; in terms of salary and bonuses for failing I am not sure they truly understand the meaning of the word ‘reasonable217;

We are about to find out -

Annihilation or oblivion?

Best interests of long term shareholders is secondary to their own personal greed if the past is any predictor of the future sadly

[scottdavid70] 17/5/2021 17:33

Also keep a very close eye on any information about Orange Avenue Technologies LLC and the make up of their Board

Something tells me the whole not taking of cash incentives was a smoke screw to try to divert eyes away from the juicy luscious prize that Iclaprim has become in this new world of antibiotics after the devastating affects of Covid.

Could be huge and the Board current and previous maybe trying to help themselves to a massive portion of cream now that everyone is focused on the outcome of the RTO.

Personally I think their is a lot to delve into with Orange Avenue Technologies LLC and it’s tie up with Motif Bio BoD. Eyes on that prize don’t let it become lost in the euphoric perhaps getting pennies back on your pounds while the bigger prize is siphoned off elsewhere which is why hi being up their cash incentives was so easy for them.

This lot hasn’t turned down a free
Cup of tea...

[scottdavid70] 17/5/2021 17:27

Keep an eye on developments at Hurricane Energy and the FCA - there could be template for how we collectively act and precedence

[chuffer2] 17/5/2021 10:52

Can't understand why with all this excitement....

[small crow] 17/5/2021 10:36

You fell asleep with your finger on the key?

[chuffer2] 17/5/2021 10:34

What the hell happened there lol

[scottdavid70] 15/5/2021 11:06

Pretty dam clear why it’s a confidential fundraise - why would this lot let you as hard working ordinary shareholders be allowed to keep the percentage of your holding and therefore minimise the impact of the colossal dilution coming your way especially after the ‘reasonable217; share consolidation!!

What would have been morally right for these Director’s to do is to allow you to participate in the fundraise through a rights offer for the very people who have allowed the Motif Bio Director’s to enjoy their lavish lifestyles.

It’s corporate greed at its most grotesque.

A change to give back to the people who have suffered the most but no they look after their own as always - more fuel for the book

[scottdavid70] 13/5/2021 10:27

Let’s keep an eye on HURRICANE ENERGY as they are amassing the ranks in large quantities to take on the BOD with a no win no fee LEGAL CHALLENGE

Once we see the DETAIL here and it will be fine over with a TOOTHPICK by myself let’s see how we all feel about the RTO and what the PLAN OF ACTION is next

WHAT IS THR SECRECY RELATING TO ORANGE AVENUE TECHNOLOGIES LLC I want to know and who stands to gain in that company alongside JOHN PALMER

Also what is the EQUITY DISTRIBUTION TO THESE BOARD MEMBERS in the RTO when the AIM ADMISSION DOCUMENT is published is something I am going to make everyone VERY AWARE OF

If they think they can pretend to give back via their cash incentives and TAKE via their EQUITY HANDIUTS then it will be very well advertised that shareholders best interests again have not been out front and centre

[scottdavid70] 13/5/2021 07:23

I will never stop campaigning for better protecting of ordinary hard working shareholders rights -

CANT WAIT TO PUBLISH MY BOOK AND ARTICLES

[scottdavid70] 13/5/2021 07:22

Can’t wait for the CORPORATE GOVERNANCE review to be published post RTO completion - that was promised in the 2019 accounts, as they admitted in them there should have been one that year - we all know why there wasn’t one - notably, however, a corporate governance review was absent in the most recent accounts - in fact as far as I can see no mention of it at all.

Going to be one of the worlds great works of fiction if it’s honest

Will be pressing for the publication of one to see how they can condone what went on in 2019 as in the best interests of shareholders and subsequent to that as well