I concur with everything that you and others say. Got back late yesterday afternoon and spoke to Pearce who sounded extremely frustrated with the current bout of scaremongering. Just to re-inforce what you say the following points might be worth noting.
1) the company has never promised deals by the year end but 'deals could come any day'
2) They are on track to deliver as detailed in the AGM statement and re-inforced and improved on in the interims.
3) 'the market has completely underestimated the size and scope of the Proteoshop deals'
4) They are in the middle of intense negotiations on a raft of deals
5) They totally stand by their statement that they will not need further funds.
6) There are grant monies comming in the 1st quarter of next year.
7) As has been previously said, the current big pharma problems have opened up a huge opportunity for PRM which they are exploiting to the full
8) He has been traveling intensively but got back earlier in the week. All his fellow directors are traveling.
9) They are currently busier than they ever have been and will be working flat out up to Christmas eve
He also said that it is bizarre how the view from inside the company is so totally at odds with the misconceptions and rumourmongering of the outside world.
His final words to me were, ' 2005 IS GOING TO BE OUR YEAR AND WE ARE GOING TO DELIVER'
I continue to hold as I have done since 1999 and look forward to announcements in the near future.
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