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Finished the week with another all blue day.
But it hadn't been being used and it wasn't needed, as company were confident of receiving money, and as I've said they did receive more.
Overdraft was removed before cash from colin came. so it was super important at the time we were discussing it.
as the survival of the company was a huge question mark
All in RNS - which you said you dont have to save as always easily available....just read them...might do you good
Didn't need overdraft to survive, as wasn't using it. So your fairytale explanation is flawed.
Captain should be known as don't do as I do, do as I say. Keeps on posting after my posts and posting made up counter arguments. Thought you had previously posted that yoh wanted posters to be more honest. I'm just posting what is in RNSs or what has been said in presentations including dates of times in presentation and you meanwhile don't provide where proof has come from.
The overdraft being removed was a big deal because banks dont lend to those who need it to survive and cant pay back....this showed the company was running on fumes before their good mate colin bailed them out
"When did they confirm loss making year?"
read RNS
Overdraft was removed as some of us discussed on here - as it turns out shortly after they didnt need it as they got cash from their old mate Colin (lol)....which was good news
When did they confirm loss making year?
How is £1m+ much higher than £2.5m pre production payment?
Remember when comoany said they believed they would receive all the money for CD4 test, and you were saying no they wouldn't. Well they are on target to receive more at moment after receiving £5.3,m so far.
Remember the overdraft yoh spent so much time going on about and it wasn't even being done.
Jeez....still trying to "talk" to someone who doesnt want to talk to you? desperate kate?
captain this captain that
CHECK THE RNS - it is in there. £1m+
which is the beginning of a 7 figure.
of course you deceive by trying to insinuate it is up to the highest figure
If they are vigorously pursuing - why do we hear nothing for months and months? what exactly are they doing?
surely they would have started court proceedings if they strongly believed they had a case?
sounds very similar to the company saying " busy busy" " big things coming" like they did with all the covid work ?
i look forward to seeing the progress in 15 months since they released the RNS on us "expansion update"
and how it has translated into increase sales - not jam tomorrow
just remember the company have already confirmed their loss making year - and that things were as forecast. doesnt sound like there have been major new sales added?
cash burn leaving £3.8m as forecast
Captain Swag for you to listen to, from 14.30 minutes of webinair presentation, the American 2 further laboratories are 28 minutes.
Had time to listen to the webinair 6 monthly accounts again this morning.
Re government dispute, Jag says after legal advice we and legal advisers believe we are confident and compelling case against DHSC over the £2.5m dispute of not having to pay the money back. They are also vigorously pursuing a counterclaim of previously announced 7 figure amount. Which could be upto £9,999,999.Naysayers have previously dismissed this and Captain has previously said £1m+.
How did he get that figure out of the air?
According to the company webinair presentation, Jag also said the counterclaim amount would be a much higher number than the £2.5m in dispute. I'm sure I had previously posted this before.
As per the target market American Market the largest food sensitivity market in the world, company announced also that they had gone live with first customer and were working with 2 other laboratories and were expecting to make progress with them both in next calendar year. They were also expecting these 2 laboratories to launch /go live at start of next financial year. Which has now begun, an update of these are sure to be included when results are released.
Captains £1m + prediction wrong again, he just invents a number from nowhere.
First trade of the day is not "Unknown" it's a "Buy" (FACT)
18-Apr-24 08:07:26 3.30 30,000 Unknown* 3.20 3.40 990.00 O
Results any day now, highlights will no doubt include sales up, orders up, workforce up, no debt, millions in the bank, news on govt dispute, and millions in compensation.
10p anyone?
Captain did you forget to mention the FCA, Hargreaves Lansdown, Ombudsman, C. A. B, MP, councillor but then again you may be the one which is incorrect.
Sorry for responding so quickly, but there will be no apology from me to you.
Why would company be tired of a shareholder contacting them?
You in the mean time should apologise to all shareholders here, and just for the record Captain Swag have you just gave away your identity again. What's the police and solicitors got to do with anything?
"So Captain criticises that I didn't reply soon enough, "
No tbh actually I would prefer you did not keep trying to drag me into a conversation.
You always do safe in the knowledge that 99% I don't respond . When I do..you easily disappear and when you return change the subject cos you never have an answer.
So still no apology for getting it very wrong in the usa contract of £50k ?
I am sure the company is sick of you ..
Like your local police...solicitor and LSE
When you call they are probably rolling their eyes..
Captain Swag posts-'If you have been in touch with company-when is the financial update coming?'
Now we all know company wouldn't tell any shareholders anything which they would have to put in an RNS before doing so. But from what I was told I'm guessing we will not be waiting much past this week or next.
What's wrong Captain don't you think I've contacted company?
Shareholders can do that Captain, you want to try becoming a shareholder you never know it may even be beneficial for you.
""Omega (AIM: ODX), the specialist medical diagnostics company focused on promoting a personalised and functional approach to health and nutrition, announces that it has now received the maiden purchase order ('PO') for its FoodPrint® system from a CLIA certified ('Clinical Laboratory Improvement Amendments') laboratory in the United States, and has appointed a new US importer for FoodPrint® kit"
jeez...again you miss the point.
the rns is to update the market on a new contract
where are the other RNS on new significant contracts ?
if £50k was enough to release an RNS in other words it was significant - where are the rest?
Don't worry it will all come out in the wash
if you have been in touch with company - when is the financial update coming?
gonna be really interesting to see what progress has been made in the US in the 15 months since that "update"
and how you will try to excuse any lack of progress.
So Captain criticises that I didn't reply soon enough, after complaining that I did that to his posts. Nonsensical Captain, I was sleeping and doing other things like checking my response from company email which says the £50,000 was not a material amount to require an RNS disclosure. So they simply added that information to the other two parts-
Maiden US Laboratory FoodPrint installation
Appointment of US Importer for FoodPrint and First PO from US Clia certified Lab heralds start of US Expansion.
Company obviously were letting you naysayers know that the first order had commenced otherwise you lot would be saying like you were that there were no orders.
"No Captain I think you'll find the £50k contract in America was included in an RNS so not as you try to imply."
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this is the comment that started the exchange.
I said that no significant contracts have happened as no RNS to update. £50K was a very low bar
you tried to say that the £50k was not the RNS but just included in one as an extra in other stuff.
I have shown you that this is not true
no apology or admission of getting it wrong (again).
but try to deflect cos I missed a word that we all know was an update
we know you try to respond within 20 min - to any post i make.. so it has taken you hours to a) find the RNS and b) come up with that pathetic defence of you getting it very wrong
your focus is all wrong. instead of making vendettas with posters on here - do research.
but you won't as you will then have to admit we are right and that this share has serious issues
Captain no need to save RNS anybody can access them. RNS was titled 'US Expansion update'
So yet again Captain posting incorrectly my you are good at this aren't you Captain. Read it all.
Nope wrong again - the RNS was titled US expansion and said
"Omega (AIM: ODX), the specialist medical diagnostics company focused on promoting a personalised and functional approach to health and nutrition, announces that it has now received the maiden purchase order ('PO') for its FoodPrint® system from a CLIA certified ('Clinical Laboratory Improvement Amendments') laboratory in the United States, and has appointed a new US importer for FoodPrint® kits.
Although the value of this initial PO is circa £50,000, the US market is a key area of focus for Omega's growth strategy.....
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maybe instead of saving my posts - So you can try (unsuccessfully every time ) to trip me up ...you should
save RNS?
but you are more interested in me...and arguing .... than the company itself?
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As for believing what the company says ...figures - yes as they are absolute. it will either have £3.8m or not and have to say why not
vague terms that they cannot be held accountable for
eg "busy busy" "big things coming"...we believe blah blah" etc etc
not so much
in fact not at all - going on history
and neither does the market as evidenced by the SP - another figure and FACT
From RNS dated 23 November 2023,
'The Board continues to vigorously pursue its substantial counterclaim for losses incurred towards the DHSC, as a direct result of its failure to licence the necessary intellectual property to permit the contract to move forward and their failure to notify the Group of their inability to do so in a timely manner. The Board remains confident that the company has a compelling case. 'So why does Captain Swag believe the £3.8m cash in bank forecast?
And not what company had said about govt dispute?
He posts regarding sales contract
' last one was for 50k so bar is low for RNS'
No Captain I think you'll find the £50k contract in America was included in an RNS so not as you try to imply.
Lmfao...no fakey. all good mate,
don't know who reported your post?