The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Don't forget we are in for an FDA approval for pro use along with Mologic. Maybe they're preparing for a large export order...?
The say that many people feel let down by the government telling lies ? They should think thereself very lucky if they are not invested in Omega, Promises of exciting future great end of the year income jobs jobs jobs open 24 hours new machinery for more production and then tweeted these stories has long as they could, even laid on a santa story, LOL All when Rome burnt ? No when the Directors were selling there shares, fooled once shame on them, fooled twice or three or four times ???? Time to call them out,
oke
I found the following:
"Companies which are not subject to external audit must still assess going concern and must still disclose any material uncertainties of which the directors are aware in making their assessment (FRSSE (effective April 2008) paragraph 2.12)."
Captain
As it’s interim accounts they are unaudited so Going Concern would in theory not have to be highlighted - no auditor as such
As directors they can take the view - at the time - lthey said they expected £8M bank facility and they had £4M in hand
The bank in meantime having only facilitated £2M could well have removed / threatened to do so / maybe even wanted directors PG’s on any number of covenant issues that have come to light post event
Hence Jag& co doing the rounds
other ones kicking the can??? you talking other diagnostics companies???
Tricky one this, especially if management not trying to reassure investors to calm SP. Think buffet would refer to this as a cigar butt; essentially its a gamble, given the way the government appear to be writing of furlough scams, I'm optimistic; however I don't particularly want to sit on a fading SP until the bounce. Guess I could sign up to the RNS.
Are the management not supposed to be updating in light of the SP drop??? Is there a time line on a response regarding the government request for refunding the grant / or a litigation process???
they didnt update on any of the drops from £1 - so I would not hold your breath on the latest one
the gov dispute will drag on for months - look at the other ones currently kicking the can down the road
they would have had to highlight any "going concerns" in the interim accounts
I'm interested in this company at these levels. What is the current situation with the company??? Are the management not supposed to be updating in light of the SP drop??? Is there a time line on a response regarding the government request for refunding the grant / or a litigation process???
Is there any concern about the business operating as a going concern, should it have to repay all or some of the government funding???
What has the OP said? I can't see what it is or who said it as they're filtered."
LOL I want to know what someone said, but I don't want to know what they say. How completely childish.
What is more worrying is that someone who attends "gold call meetings" and "hush hush top secret heads will walk out meetings"...cant work out to press the unfilter button or even simpler log out and refresh etc....
not quite the mastermind he would lead us to believe - but hey he can quote dunning kruger - without realising the irony
If you look in companies house under Surescreen you can see a list of charges against the company. A charge signed in 2019 was signed by a Hannah Charles. This is an acknowledgement that someone else an interest in the assets that the charge relates.
I just wondered as she appeared to sign the charge on behalf of Surescreen but I didn't find any other info on her time with the company. I came across this a while ago and is probably nothing of interest but thought it worth asking if anyone had come across the name.
What do you mean " signed a charge" please ?
https://uk.linkedin.com/in/hannah-charles-7a9892101
Has anyone come across Hannah Charles. She signed a charge on behalf of Surescreen in 2019. I think it is the same person who now works for the DHSC. She seems to be in a fairly minor role but wondered if anyone had come across the name
I didn't realise You can't write Han**** but Hancuck is OK...maybe. Glad I didn't want to say ******!
RegulatorUK: Thanks for the correction re Lord Bethell, I did put "I think", phew!!!!!
OK, how about "Lord Bethell, then Innovation Minister in the Department for Health and Social Care"
All tenuous links but then at the time Han**** was in and the UK responsible person for one of the Chinese lft suppliers was from a tiny village in Suffolk........yes, just down the road from Han****. Somewhere there must be evidence to link everything up as a lot does not make sense. BTW I am NOT a conspiracy theorist, "who shot JFK" "world reset" or "Hitler was alive" tc etc but when something just smells so wrong it's hard to believe the "best before date".......that's all!!
"What has the OP said? I can't see what it is or who said it as they're filtered."
LOL I want to know what someone said, but I don't want to know what they say. How completely childish.
Regulator seems suited to a top position in this tory government.
“ and he WAS in cabinet (I think). ”
He wasn’t.
Max; yeah, I know a tenuous link back to to China with Bethnell but it's business and she is in finance.......and he WAS in cabinet (I think). Anyway, you are sort of right, make a noise but it has all been raised before quite recently in Parliament and brushed aside very very easily.
I do agree, lets go again, let's raise some noise and shout to anyone who will listen.......nothing else to do while waiting, waiting and waiting
Bugger Up Bethnell is as corrupt as they come
https://questions-statements.parliament.uk/written-questions/detail/2021-11-19/78414
In bed with Randox, together with John Bell
Prime - Lord Bethell's wife Melissa was born in Taiwan and educated in the US. China as of recent had warships aimed at Taiwan. No love loss between these two countries as China is claiming Taiwan belongs to them.
The bottom line is that unless an army of us march on our keyboards and make a noise by sending emails nobody takes notice or you can sit on your b***side and do nothing.
Max. I believe Surescreen manufactured near Derby.
https://www.bbc.co.uk/news/uk-politics-58602879
https://www.bbc.co.uk/news/uk-politics-59984380
From NCYT 7th August 2021 by Porky:-
DHSC and Bethell and Innova7 Aug '21
We were discussing this a few weeks back:-
IMO the whole situation regarding those Innova LFT contracts at DHSC absolutely stinks and needs a full and detailed enquiry with total disclosure regarding how the decision was made, Bethell really should also be properly reviewed to ensure no impropriety.
I was reading earlier about him replacing his phone before it could be searched:-
https://www.theguardian.com/politics/2021/aug/04/covid-contracts-minister-lord-bethell-replaced-phone-before-it-could-be-searched
Also, now I'm not not suggesting this is relevant but I further learnt tonight that his wife is Chinese:-
https://en.wikipedia.org/wiki/James_Bethell,_5th_Baron_Bethell
Bethell is married to Melissa (née Wong), a businesswoman
https://www.chineasy.com/talk/guests/melissa-wong-bethell/
Now i realise in this PC world we live in, you can't go around and say oh because his wife is a Chinese Businesswomen some private deals, brown envelopes, could have been exchanged in China but blooming heck it has to increase the likely probability:
>Chinese manufacturer > Funding in US> major multi billion UK contracts awarded
I guess i'm still reeling over that article in the LA Times and the fact that despite this, the government still extended the licence probably to deplete stocks?:-
https://www.latimes.com/business/story/2021-07-28/innova-pasaca-covid-17-antigen-test-british-uk-government
I just find it shocking that we put lives at risk in the UK due to the use of these ineffective Innova LFTs. I don't know, it's probably more personal to me as i lost my BIL to Covid and he tested negative with one, the outcome would probably have been the same if it had come back positive, but how many people was he in contact with? moreover, did he catch it off another driver or someone else that had also tested negative with an Innova Test?
The whole situation is just plain wrong imo.
Prime - How is Lord Bethell's wife involved? I also aske if anyone knows is Surescreen manufacturing their own test or is it Chinese?
Prime - Have just sent Maggie a very vociferous email using words like TREASON! maggie.throup.mp@parliament.uk
Maximillian3: To save you frustration, send it to psvp@dhsc.gov.uk
I found if I sent it to her, as I am not from her constituency, she is "bound by Parliamentary rules" and can't reply. Her other position is undersecretary dhsc so she can reply !
To John Redwood's Parliamentary question she simply pulled out the gov/dhsc handbook "non specific phrases of no true meaning, fact, quantifyability or worth but which give something alluding to an imagined utopia and get us out of the ****e"
The book has been used time and time again to smokescreen any possibility of a straight answer because they KNOW the truth........crikey, Lord Bethell's wife knows the truth, the CEO of Innova knows the truth, Yee Ha M Focker (worker, factory 245, Shehnzen) even knows the answer as he works his 20th straight 7 day week but at least he is not on nights this week,
Arrrh, says the government....Surescreen, supplying......arrrhhh says PI's, private company, not been rogered, hummm, who is behind company????????
What has the OP said? I can't see what it is or who said it as they're filtered.