Cafa, you're losing the plot.
The brachysil tech was transferred along related parties. IE. Enigma Therapeutics is a related party to pSivida and Oncosil. No real wealth has been created in between (the asset is the same before and after), other than people are now willing pay several million for a tech that the same directors passed off for a few $k... ie wealth from dummies --> to Roger and co. Forrest Capital = wealth from dummies --> to friends of forrest associates = Roger and co.
Found this in Oncosil (UK)'s financial accounts as at 31 Oct 2014.
Column 1 Column 2 0 13. COMMITMENTS AND CONTINGENCIES
Column 1 0
Column 1 Column 2 0 The company holds a licence to commercialise a targeted brachytherapy product for the treatment of pancreatic
Column 1 Column 2 0 cancer under a licence from pSiMedica. This is an exclusive world-wide royalty-bearing licence for the term of
Column 1 Column 2 0 the pSiMedica Transaction (with limited rights to sublicenses) under the Licensed Patents solely to make, sell,
Column 1 Column 2 0 offer to sell and import the Product in the field of therapy in human neoplastic disease. The company has a
Column 1 Column 2 0 commitment to pay US$100,000 to pSiMedica annually to support existing patents. There will be further
Column 1 Column 2 0 milestone payments when revenues commence but these are not foreseen to become a liability in the next 12
Column 1 Column 2 0 months.
It's an orgy out there, and the losers and winners will always be the same.
pSivida (pSimedica) + Enigma + Oncosil are all operated by the same people!
Who in their right mind would actually pay money for this stuff? ok... ok... the Gullibles... who else?
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Cafa, you're losing the plot. The brachysil tech was transferred...
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