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Stand back everyone.. what's left of Spackers brain is about to explode...
This investment has only ever a been a complete and utter bag of sh ite.
GENEDRIVE moves at a painful absolute snails pace and we are rinsed dry of £400.000 every single month WTF!!!!!!!!!!!!
The reason the company discounted by such a large percentage is because they feared they would not get the up take they need. And by their own admission they would find it difficult to get funding by other means.
From a shareholder perspective they have destroyed the share value and have diluted massively so have been hit twice . Whilst the executives have not sacrificed any salary in the pursuit of financial security.
On the up side the business will be e funded for at least 12 months.
But there’s a huge question mark as to when they will reach breakeven point with sales income let alone make a profit.
They have made predictions of potential sales in both the Uk and Europe but haven’t put timescales .
So anyone buying in will be blind to the likelihood of true success . Cheek has already shown he can’t be trusted just as Budd couldn’t be either ….time will tell…. I guess….. IMHO
No need to take up the placing offer as this is now going to be cheaper than 1.5p you just couldn’t make it up.
I don’t see it dropping below 1.5 before the Placing, but I see it dropping below that leading up to the stroke news.
Yes a kick in the teeth to shareholders if it drops below placing price
I would say to turn the other Cheek but that would be just wrong
Genedrive have no income but they continue to spend £400,000.00 every month !!
What do they spend this money on??
Cheeky takes 6.25% every month !!
If its definitely going below 1.5p and probley closer to 1p than 1.5p !!!!
If this drops below 1.5p before the 31st will the £6m target fundraise not be met? Then what? Conditional placing doesn’t go through and shareholders get left holding a steaming bag?
Of course it's going down to the placing price seen it too many times. If they had done the placing at 3p the SP would have reacted a lot more positively. we might even have climbed to 4 or 5. Lost all confidence in the BOD.
Gloria.. you appear to have been drinking.. I approve.. sometimes it's necessary in order to say what needs to be said.
Meanwhile.. Joey.. you make me LMAO.. once a cretin always a cretin LMAO
Under 1.5p unfortunately.
Has everyone sold their holdings to buy back cheaper later ? 🤔
"Bigliar67- you said we where funded until 2025 without the need for a raise, you clearly lied again!"
No mr Carlos, mr bigal didnt lie, hes simply not very good at simple maths nor reading RNSes and then calls his opinions " the Truth" with a capital T.
Excuses typos!
"Clearly another one of the Troll 'Group' Team."
Difficult to pin point theexactsp when mr bigal started making accussations like this, but the spwas probably well over 50p at the time. Its now 1.6p. Which shows that the rapers such as mr bigal are the trolls and not the people who mrbigal accusrs of being a troll. I find it disturbingly disrrspectful tbh. Makes me think of the senior management at Post Office limited denying the problems with their horizon software.
"- But the Truth does not fit with Your Agenda."
Correction mr bigal,
"- But my Opinion does not fit with Your Opinion."
Corrected. Do carry on.
@Dodgy Rog, - another one of the Troll 'Group' Team.
My Financing calculations were openly stated line by line, clearly showing where the Finances would need to come from, as You well know - But the Truth does not fit with Your Agenda.
Bigs you were out by over a YEAR ffs! Don’t know what you were on at the time but they were completely pulled apart the very day you first posted them.
Dodgy Rog, - Clearly another one of the Troll 'Group' Team.
No, bigA1
‘ My Financing calculations were openly stated line by line, clearly showing’ That I know absolutely nothing about this stock and just wanna ramp to my hearts content. even though o knows full well the numbers I post are totally made up child like
@Dodgy Rog, - another one of the Troll 'Group' Team.
My Financing calculations were openly stated line by line, clearly showing where the Finances would need to come from, as You well know - But the Truth does not fit with Your Agenda either.
As I have stated that Guy - 'Incognito the False' posts prove he is a 'Proven Compulsive Liar' - I have never stated our SP will be £15.89, which this Liar Continuously Posts. LOL
Sorry big Al but you posted here telling everyone GDr was funded until autumn 2025. You were over a year out. Can’t take anything you say seriously. Good trader obviously
You said the SP would be £15.89 haha ffs
I can't believe 'incognito the False' has the nerve to even post here anymore, he is a 'Proven Compulsive Liar', and continues to post his lies, - Once a Liar; Always a Liar - No Shame; No Morals; just a Nasty Character - I guess it is a matter of Forgive him, For he knows not what he does ?!! LOL