Oh dear, oh dear an EGM to give our fast-talking but slow-acting execs more incentive. Really...and what happened to the last swathe of incentive - did it die "on the vine" as it were through oversight...did I miss a return to 8op?
No? you mean it's still about 25p like it was ages ago with the risk of an exec take-over?
SO "what" has happened since them? Where is the incentive for shareholders?
Ah! there's the real issue - don't pay the execs until they produce some sales and profits.
Grief, we can't insist they perform properly - where would it end?

When I was employed, one took pride in doing a job well...and that usually meant better than the lowest acceptable - otherwise your card was marked!

Oh well, maybe this is an EGM worth paying for? - can't execs work without such interruptions....securing a deal or some trial success would be nice -
Skypharma - says it all - pie-pharma more likely - perhaps we should insist on a name-change to reflect the executives likely successes.

Let's guess that there is a deal in the offing and they expect this will move the sp from 25p to 50p - SO What! - where is the 80p?
Now let's say that 80p was the sp for neutral returns ( for may investors)...therefore if the execs can achieve 160p (steady for, say 3 months) then they will have achieved something and "might" be worth a bonus of 10% salary......increased to 20% if the company is generating profits such that the bank-balance is real (ie above any outstanding loans/debts/liabilities) nad there is no cash-call during the next 12 months (with the sp remaining at 1.60-level)...only then would the bonus be paid. Any exec that can't hack it, or is shoved out etc. forfeits their bonuses and must repay any already paid.

Makes me mad these Options, incentive plans etc - have they no shame?
Get on with your work!

[ the bonus is to be paid 100% of salary if the sp reaches 55p - but there is a "initial grant" of up to 300% of salary for the top execs- ouch! - see documents - and DYOR ]

Looks pretty easy to me! A year ago it was 40p - shouldn't investments go up?
They could show some belief in the company by buying shares...say 100k's at 40p - would make the market think. (That's each.... ).

Grr - does any other shareholder feel cheated from the Action?

has this drug passed ALL its trials yet? ...... if not, then your statement is very brave indeed

driver how many shares @ 4p do you need in order to make a fortune?

Not going bankrupt, eh? So you think these Bonds are going to be renegotiated "down"? - - - of course not...they will be renegotiated so we, shareholders suffer more. . . .that's why I shall wait . . . . . . . until the dust settles - and this "Could be some time"

For we all know that any sp can halve, and halve again.....few of us thought this would fall to 35p - but that looks a long-way off (ignoring the CONsolidation).

The reason for the low sp is the failure to achieve any regulatory clearance and massive debts that Execs must have found in their accounts after a particularly good drinking session. Where is the evidence "This is a good'un?"
- - - - - - - - No, I don't see it either.
Perhaps the name said it all:- sky - only we thought it meant we'd have riches - but it obscured sky-high costs.
+Anyone remember 80p - them thar days, eh?

The recent spike was caused by feel-good (manipulative) folk jumping on this news story and making MUCH more of it that it was worth...in a few days we shall see the Bond-news for what it is...and be v.lucky if it's at all neutral. The Bond-holders can takeover the business - it's their call....IMHO.

so nearly allowed myself to get suckered into this one ...... phew!

Rights Issue is confused by CONsolidation - DYOR -

Rights will be 1.5p multiplied by 100.
- based on 172 new shares for every 100 Existing.

. . . . Oh dear . . . . .
First you have to work out yr entirtlement ( grief, do they think there will be a Rush?).....then calculate your payment . . . . . . but expect to receive a CONsolidated share certificate of 100th of your "enlarged holding"

This example is for over 1million shares, - at current price that could have cost you 500-grand!( 50p/spare).
SO this stock is looking VERY sick today.

Suppose you have 1,111,000 shares.
divided by 100 = 11,110
multiply by 172 = 1,910,920...
you can pay 28,663.80
New holding in old-stock is 1,111,000 + 1,910.920
= 3,021,920

You will get a Certificate for 30,219. - that's your holding in "New" Ordinary shares.

+ + + + Can someone check this is correct?

What it means is that YOU are investing nearly 1 for every "new share" in this business - the Question in my mind is "Is it worth it?", for your old investment expectation appear to be worth very little.

Are MM's blowing smoke?
Sells =9m, with Buys=3m
-yet sp rises 6% - - - - very odd - - - currently c. 2.5p
so why would anyone pay nearly double the (soon), Placing price . . . . ? No, not me either.

I'm doubtful...that I'll pay the 1.5p being asked - so I'm smelling a rat - these shares are being "soupped" ( is that a new "technical" Term?, as in souped-up).

Looking Good

SkyePharma Announces Successful Completion of Flutiform U.S. Clinical Trial Programme

http://moneyam.uk-wire.com/cgi-bin/articles/200810230700255058G.html

driver,
what does that mean fgor share price

ahoj
Sorry havent got a clue.

Little interest here, after 100:1 Consolidation (=June09),
In 2007 I said:-
Oh dear, oh dear an EGM to give our fast-talking but slow-acting execs more incentive. Really...and what happened to the last swathe of incentive - did it die "on the vine" as it were through oversight...did I miss a return to 8op?
No? you mean it's still about 25p like it was ages ago with the risk of an exec take-over?
SO "what" has happened since them? Where is the incentive for shareholders?
Ah! there's the real issue - don't pay the execs until they produce some

- and the (June 09) CONsolidation only seems to have given a broken beast enough energy to blink . . . .

v.Little interest here, so this is really for my own interest, at least my (now) handfull of shares can't get much worse, and grateful I didn't participate in the Rights Issue Jn2009, which would be like giving a dying buffalo a dose of rohipnol, just for fun.
Oh deary and Institutions paid nearly 1 pre- 2007 so their investment is about 1/100 value, doesn't mean Directors can't expect a bonus, of course not....Grr and Grr.
It's about time this level of performance was subject to retail investor anger. However, the Market is rigged to provide employment for some very dull types. What else is the explanation, eh?