OSL 0.00% 1.1¢ oncosil medical ltd

Cafa, you're losing the plot. The brachysil tech was transferred...

  1. 5,583 Posts.
    lightbulb Created with Sketch. 1
    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?
 
watchlist Created with Sketch. Add OSL (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $41.62M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $15.35K 1.460M

Buyers (Bids)

No. Vol. Price($)
30 15987815 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 3327425 5
View Market Depth
Last trade - 16.10pm 28/08/2024 (20 minute delay) ?
OSL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.