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Hi Gixer,yes! i did think that...
but Aspirin (with potential known side effects-adding poss extra side issues to already otherwise weakened
immune systems)) are having a go.
Wouldnt it be prudent for ff (with no known side effects) to get on board?
Cant say I know all the ins and outs but clinical trials of any significance cost money........
Lots of money.
But you are right, it would be good.
Did you read this?
https://www.fruitflowplus.com/COVID-19/
https://www.frontiersin.org/articles/10.3389/fnut.2020.583080/full
BBC radio 2 on about DVT and Covid this week:all about aspirin!!! Best unknown product;totally agree;have taken a position (again) will average down if placing comes before China(Hopefully!)
thanks for the research Gixer.
Re To and what price , I said that IF would take 2p because I do not think his heart is in this business he is just a taker , hope that doesn't happen . Someone mentioned 22p , bring it on . 9 years ago I was saying 33p. been under water ever since.
PS still not got anyone to buy FF despite giving away pills and them approving of the results , why is this so hard ?
everhopeful, If as you say "he is just a taker" then he would be taking very little if he sold just now for 2p.
From memory he has 10m shares and half of them (5m) are for his kids. Be lucky if that got them through Uni.
Gixer
his options are where the money is for him
W$
At this moment, and please someone correct me if I am wrong, he has 10m (from memory) that are exercisable at a price of 0.55p
25m available to him from April 2022 @0.3p
and
8m at a price of 2.8p (i think these are due to run out soon)
Gixer
so in essence he gets 350£k fo every penny rise above where we are now - we don’t know what the other criteria are in order to exercise. Subject to tax 3 to 5p would net him a mill.
W$
minus initial purchase price.
I seem to be missing 7m somewhere as he appears to have 50m
So selling the company @ 2p, as everhopeful suggests, is not that beneficial to him. IMO
But who knows what the SP will be by April 2022.
Gixer
he wouldn’t buy the shares, he would just get the delta between strike and exercise price. The tax position is unknown as he may get entrepreneur tax rates.
Agreed 2p isn’t exciting, 5p would be more life changing.
- would make my holding worth £2.5 M gross
W$$$$$
He has been paid handsomely considering what he has delivered . He doesn't have a science background , he was the wrong choice for the job. As for options they should be performance related , hence they should have lapsed with him receiving nothing imo.
I agree. Totally the wrong person for leading this type of company. I'm surprised the major shareholders have not removed him.
So you have 50 Million shares Wellsite !!! post up your address I will send around an ambulance.
CB
Felix obviously likes dealing with IF, that’s all that matters atm
W£
Hi Wellsite,
That's a very good holding and sure you will be rewarded in case the SP goes higher in case of a take over. So if there is no take over, what is your exit strategy?
DP
Strategy
1. Keep the faith. DVT, Pollution, muscle synthesis, blood pressure, Covid, what isn’t there to like and more importantly, what’s next....
2. Trade a few on news.
3. Sell the lot as soon as options are exercised by BOD or SL starts unloading.
4. In absence of 3. hold majority until takeover, sell some to manage tax bill. If we see a repeat of 2010 and an RNS saying no reason for rise, sell as many as possible.
5. Be respectful to others, everyone is entitled to their opinion.
W$
Wellsite,
Thanks for the thoughtful post.