Talking Medicines

20 days ago

Tern fund raising ahoy ( yet again!): Administration in 2026 or 2027?

Today Tern (TERN) has released detailed presentations from two of its portfolio investment companies namely Device Authority and Talking Medicines. For some reason Tern didn’t obtain a presentation for its second largest large portfolio investment namely FVRVS.

47 days ago

Tern – Talking Medicines raising yet more funds

Today Tern (TERN) announced that it had “been issued with approximately £230,000 of new unsecured convertible loan notes by Talking Medicines Limited in return for Tern having agreed to cancel existing short-term loans aggregating to approximately £180,000 provided by Tern to Talking Medicines during 2024 and 2025.” Swings and roundabouts, smoke and mirrors

64 days ago

Tern can kick at Talking Medicines

Today Tern (TERN) announced an extension of its Convertible Loan Notes to investee company Talking Medicines. It is a can kick but does not change the inevitable end game.

125 days ago

Tern – dire Talking Medicines accounts out, a reminder of why Tern’s board should be in jail

On 15 September 2025 Tern (TERN) announced that it had extended its loan facility had extended its repayment date from 30 September 2025 to 5 March 2026. It stated that “approximately £150,000 remains outstanding under the Loan and this amount plus accrued interest at a rate of 1.00% per calendar month”. An interest rate of 1% per month isn’t exactly cheap and just adds to the drag on Tern’s investment performance.

606 days ago

Tern stands its corner at Talking Medicines Ltd, another shite investment, do folks ever look at annual reports?

Talking about pissing good money after bad. Having raised £400,000 gross (call it £370,000 net) just eight days ago, Tern (TERN) has today spaffed £100,000 standing its corner at Talking Medicines Ltd, an eleven year old cash guzzling crock from Glasgow. Its last accounts are shocking.