Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Allan agreed he meant to keep it confidential but could not resist to post it after waiting since morning. I believe it is OK as am sure CK would think about it before replying back to me. Also he did not confirm a specific date but to ease my concern he mentioned summer months.
He has responded to many other people too who emailed him with the questions. PDMSPiper got a response about the manufacturing sites and the capacity of each of those sites.
He surely wants to make use of the opportunity given by RTC to take ODX to new heights!
GLA
No i think using confidentially he means privately within the business they are confident, not suggesting what he is saying is confidential. No chance he would say anything in email he wasn't happy to be made public property after yesterday!!!
Assuming this mail reply is legit he used the word achieved instead of achieve -- does this imply they have already achieved freeze design but they are under some sort of "confidential arrangement" in that that they cannot disclose anything until all consortium members are up to speed etc
"but confidentially we are happy with the progress that is being made and my current estimate is that we will commercialise over the summer months."
My reading of the above is that he was saying in confidence that you would keep it to yourself. That is just my opinion and I hope he doesn't mind you posting it.
I was surprised to see his response early morning at 6.41am today! Clearly CK cares for shareholders. I sent out the email last night after seeing the post from Alex where he mentioned that he sent an email to CK.
For anyone who thinks it is fake, go find his email id on OMEGA website and email him. I'm sure he will respond. very nice chap!
I don't usually select STRONG BUY as don't want any newbies to make a decision just looking at it but am confident ODX will reach new heights!
We have 15mins test that is backed by govt and million orders of the product confirmed.
We don't need to wait for any FDA approval or manufacturing partners. ODX can manufacture and commercialise the product themselves.
This is going up north soon. Just need to be patient if you can.
GLA
There is going to be lot of news flow from now on. CK is very upset with the AIM regulator. He was not happy to see the price crashed and been very helpful in responding to the shareholders. If anyone got any questions then reach out to him. Onward and upwards.
Thanks for sharing smalltrader. It's good to know they were pushing back and more than happy to see the share price heading where it was. Sounds confident there
I smell BS
can people stop posting these fake e-mails, I am sure Colin King has better things to do at 6.40am than writing lengthy e-mails to traders who are looking to make a quick buck
Confidentially?? A very strange choice of words. Does he mean just between you and me or that he has confidence in what he is saying. Very easy to misinterpret that !!
Here is the response I received from CK this morning -
On Thu, May 28, 2020, 6:41 AM Colin King
No need to apologise for emailing me directly and I understand that you must be upset.
I think its fair to say we were all very annoyed with the regulator yesterday.
With regards yesterday’s RNS, I am afraid this wasn’t something that the company or our NOMAD wanted to issue, we were forced to by the AIM regulatory. We tried to push back but they were insistent
Their rationale was nothing that I had said, but the 50m tests referred to at the start of the interview by the interviewer. They felt that investors could have misinterpreted this that it was Omega and not the consortium that would be supplying that quantity of tests.
I was very deliberate in not disclosing anything that wasn’t already in the public domain and it was an opportunity that doesn’t come around every day to inform a wider community of the great work that the consortium is doing.
We will provide an update for both the Mologic ELISA test and the consortium self test as soon as we have something meaningful to say.
I have been avoiding giving out timelines before we achieved design freeze but confidentially we are happy with the progress that is being made and my current estimate is that we will commercialise over the summer months.
I hope that helps ease some of your concerns.
Best regards
Colin
From: xxxxxxx
Sent: 28 May 2020 00:25
To: Colin King
Subject: Today's ODX RNS update on stock exchange
Dear Colin,
Apologies for this direct email to you.
I'm a shareholder in ODX and really enjoyed your interview on Sky News and I have put some of my life savings in ODX as I believed ODX has massive potential for growth and doing its part in saving lives from the pandemic.
All the shareholders very happy to be invested until the RNS update that you provided at 4pm today. Many shareholders like me have lost money following that RNS update.
I agree that am the one to be blamed for putting money into ODX but I believed ODX can change my life fortune too,
Many shareholders believe that there was no need for such RNS and also why a SKY news interview was done before updating the investors about the progress.
We shareholders request you to issue a RNS update to assure the investors that we are making good progress on launching the product.
I appreciate that you have number of things to sort out. We true shareholders of ODX request you to provide positive update tomorrow to assure the investors of the progress. After all we all want to see ODX prosper and reach new growth heights.
Looking forward to your response.
Thank you.
Yours sincerely
ODX shareholder