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Looking back at below we could always add Italy and Japan to the conversation:
23 October 2020
Reach Announcement
Comment on media coverage of detection of COVID-19 in UK Sewage
"DeepVerge has been working with multiple universities and wastewater utilities since June this year on COVID-19 related projects. The Company is involved in many projects in the U.K., Ireland, Italy, Michigan, US, Shanghai, China and Japan.
Currently, in its Labskin laboratories in York, the Company is retrofitting Microtox equipment, from Modern Water plc (a company currently the subject of a recommended offer by DeepVerge) to install these projects."
https://www.londonstockexchange.com/news-article/DVRG/comment-on-detection-of-covid-19-in-uk-sewage/14731092
Together, these 4 nations have 3 bln people and about 50% of global GDP; and ongoing trials in all of them!
Gidget,
Don't forget USA too! Slip of the tongue????
"Glenn Tracey CEO of Microsaic Systems commented:
We are pleased with progress over the last 10 months working with Modern Water and in particular of being part of the growing centre of excellence between York and Fermoy. The work will shortly bear fruit with our micro-engineered mass-spec[ix] equipment being installed in field trials for eight forever chemicals (PFAS) in US, UK, China and India."
https://www.lse.co.uk/rns/DVRG/grant-supports-deepverge-centre-of-excellence-k1f35gh0nz4s3hp.html
Now if the news was the drinks provider for the the works Christmas do, assuming not Guinness, that could be something:
https://en.crc.com.cn/whatwedo/consumerproducts/
https://www.crbeer.com.hk
https://www.reuters.com/article/us-china-res-beer-sabmiller-idUSKCN0W407A
How much will our 49% in joint venture be worth?
Hilarious temper tantrums today. Panto season arrived on the lse board.
Gidget, not that you could, but don't forget the below:
"Modern Water, a division of DeepVerge (AIM: DVRG), announces it has been selected to contribute newly enhanced monitoring equipment, with a value of £0.48 million (including monitoring and consultancy fees) to be installed in a Government National COVID-19 Infrastructure Trial. The multiplex wastewater development trial is expected to last until the end of February 2022 and it is anticipated that revenue from these installations, on successful completion of the trial, will crystalize in the 2022 financial year."
https://www.londonstockexchange.com/news-article/DVRG/microtox-r-pd-installations-as-part-of-nat-l-trial/15190144
I know but it wasn't clear just what was being sent where.
3 countries with £2.2m of orders....but what for and where?
Anyway, glad you spotted that one fwiw.
Ragnarr,
Your absolutely 100%, anything that would have a material effect on the share price must be published through an RNS when that information is known, so the China deal is not off, and if you look at the share price the day of announcement of the CR agreement had very little effect so it’s not priced in.
Also there is no massive sell off, 130k shares sold today more than purchased, out of 215 million shares, I can’t be bothered to work out %.
Nothing wrong with DVRG IMHO, some brilliant RNSs recently
G
Well the next RNS should clear that up then. Unless it's another RNS about
Related Party Transaction, Skin Trust Club at xxxxxxxx, PDMR Dealing, Price Monitoring Extn, Related Party Transaction
Sponsor at xxxxxxx Conference on Climate Change, Continued progress thru' Microsaic collaboration
Chiba desl = China Deal ;-)
Some here clearly dont understand AIM rules and would do well to read up. If Chiba desl was off you would know about it. Its not off.
General disclosure of price sensitive information
11. An AIM company must issue notification without delay of any new developments which are not public knowledge which, if made public, would be likely to lead to a significant movement in the price of its AIM securities. By way of example, this may include matters concerning a change in:
— its financial condition;
— its sphere of activity;
— the performance of its business; or
— its expectation of its performance.
If China deal is off or being reduced to a smaller level by the Chinese it would help explain the never ending sell off here by larger holders who always seem to have the inside track on news way before PIs see anything official via RNS>
New uncle
I have to agree some thing is amiss here. As we are to believe we have the best Tech out there 35 years of data . But no contracts or deals . If you can not get business now your never going to get it simple. Business sense . I have done loads of deals in past . I have friends done deals in China it’s not easy to be honest most fail . Because of culture difference
Hi Gerry i don’t post a lot but the problem is. You have constant sellers your price is less than a year ago . So all the talk has not done the walk you have raised 10 million as well. The deals are not there at moment is obvious to me and other investors now. The China Deal looks dead in water at moment i put my experience on dealing myself with companies this deal will not go ahead this side of ?? Xmas . Taking way to long now been 6 months nearly . I am watching my investment now lose money as well . I really thought from your tweets we was well on target but now you know we are not and i know . I will hold and wait . But some time soon your going to have to say China deal not happening this dude of XMAS . How your going to do this be interesting to see . As everyone in cluck g me is waiting for the BIG one . Thank you
Fingers Crossed as right now my glass is half empty rather than half full here.
Gidget,
If I was I wouldn't declare it here but thanks for your concern.
Please don't forget that this is a discussion board not one just for everyone to be happy clappy followers day in day out.
I just feel like a reality check has slammed in to us big time.
Understandable frustrations Newuncle and valid points highlighted. Throughout my portfolio I cut all CEO's some slack because it is a different world we are operating in now. Nailed on opportunities disappear just as soon as they emerge and I have watched businesses go to the wall because of knee jerk reactions, or conversely not reacting quickly enough. What I take from this is I much prefer a period of due diligence and contract clarity than something rushed that creates problems further down the line. The China Resources deal allows manufacture at scale, but will not prevent manufacture if it doesn't happen. I like Gerard's tweets and media engagement. He is a modern CEO embracing media technology. Many years ago you had to wait for a snippet in the FT or some other paper - things have moved on. I guess you are damned if you do, damned if you don't in terms of using social media. I think the China Resources deal will happen and it will be what I hope it will be.
Oh look Mr Superior has turned up now.
Must be holding as he is positive today.
It feels like there are the normal 'bleating and squealing' noises going on today!!
FWIW I think that 2021 has been an extraordinary year for the progress of DVRG as a company and their associates, scientific breakthroughs. increases in staff, increase in laboratory space, increase in revenue, creating and unveiling of Skin Trust Club, imminent confirmation of CR partnership deal for mass production of next gen technology, increase in global footprint, the list goes on.
All good and if folks do not think it is happening quick enough for them, perhaps they should ask themselves 'As a shareholder, what am I doing to help?'
All the best to genuine shareholders.
Stu,
Trouble is that we have all been saying that repeatedly for over a year now. I am sure if we look back 12 months the same things were being posted and of course there were waves of enthusiasm on the back of the many tweets that Gerry used to post. Just feels like DVRG has been treading water for too long now and yes I know the company is developing this and that and others stuff but it seems like the directors are in a place where they more than happy to be and not forcing the pace with the markets. there should be a long list of clients out there trying to get to the head of the line here so they can get their solutions in place. Even now the WHO and others say they are struggling to get a realistic idea of numbers and infection areas with this new COVID, Gerry was telling us almost daily that DVRG could do it for months now. The we got all the NDA barriers to discussion (fair enough) but still no contracts being signed. It is all 100% dependent on the Chinese making the kit? the same Chinese who have been talking with DVRG for a year now and still nothing? Something isn't right here and we will only only see that when it's too late.
I only referenced Fermoy as I had it in my notes that we may have news at the end of November. No biggie, happy to wait for as long as it takes.
Agreed NewUncle
Too many Tweets out there with the aim to prop the share price up
NU,
I am sure Gerry sees everybody's frustration...he said "RNS will report on definitive outcomes to ongoing events".
Things are ongoing, taking longer than we would wish for, hopefully an RNS will be forthcoming soon, BEFORE XMAS.
Hi Gerry,
It was actually a rehtorical question, fully appreciate how RNS updates work in reality. My concern is, and shared by many I think, is that here we are again facing yet another wave of COVID across the world and still we don't any contracts in place here or elsewhere for waste water monitoring being delivered. If it can't be done the tell us it can't be done because it's beyond belief to me that the company has had the "solution" for such such a long time and still it isn't being adopted. The Chinese deal has dragged on for so long again it seems beyond reason to have had a further 6 months delay due to expansion of the project, 6 months, really? The Chinese could have built a new airport in less time but they can't agree a deal for water monitoring/manufacturing in a year? MSYS is plumbing new depths despite all the excitement about Chinese Medical projects, again no RNSs and a share price of 0.15 when Glen said previous when asked what he thought about the price at the time (0.25), it's too cheap. Yes it was and now it's just silly but still it falls daily. I am not a rainbow chaser but having been here from SKIN days I find it incredible that the company is still reliant on Labskin for everything revenue wise with just one month to go before the year end. Feels like we are being set up for another cheap discounted placing to raise cash, hope I am wrong.
@newuncle the Company can only release news if there is news to release based on the myriad of projects that are ongoing. There is all the news in the market that is available at this time and as much as we want to inform shareholders, the day to day activity of the divisions has not altered. However, it is not possible to have a running commentary, as much as I can on social media, as RNS will report on definitive outcomes to ongoing events.
CAN WE PLEASE HAVE SOME REAL NEWS HERE GERRY, ITS WAY WAY WAY OVERDUE.