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I already said the news was positive in the long term. It’s irrelevant in the short term as we need sales.
we need a balance in views on this BB for sure, bottom line for me is that clearly process has been hampered but the lack of communication only serves to point to a delay being procedural otherwise they would have to announce reasons. Similarly with sales, there is no doubt some sales happening in the background, the lack of RNS either way suggests that whilst there are no huge sales contracts, sales are consistent with a market perception otherwise again they'd have to RNS, the legalities of when RNS should and shouldn't be released suggest things are progressing
My agenda isn’t hidden, I am quite outspoken on GDR. I have have been consistent in my views since I invested back in May. Of course I could have just spent 5 months lying but it’s unlikely.
Good point Invest4, they had obv looked at the market and decided the original poc would not be good enough and revamped it. Taking a bit more time. When they validate the BC saliva it will be for both PCR and POC. Good times ahead. Right BC next
Invest, it shows positive progress for them to change their position on this. It would be highly significant
Interesting to note the POSITIVE change from the original target of under 90 mins for the POC test to just 15-20 mins.
today's rns makes this more solid hold.
multiple bagger on here on coming weeks IMO
Dyor
taken from Rns 25 September
slaiva and other testing!!!
The Genedrive Beckman collaboration seeks to fully automate the entire laboratory PCR testing process for COVID-19 PCR. The two companies are continuing to validate the Genedrive® 96 SARS-CoV-2 Kit on the Biomek i7 automated workstation with both saliva and respiratory swab specimens extracted using Beckman Coulter Life Sciences' RNAdvance viral extraction chemistry. While saliva is potentially a more difficult sample type compared to upper respiratory swabs, work completed to date has been very promising and the Company remains confident that it could be validated with clinically acceptable performance.
Fair enough, but that’s India as a whole. On the Divoc micro level it is unlikely they would utilise a poor test given their mantra is focused on high quality next gen labs and service.
Their expansion is extremely promising however, I doubted their ability to go from 1 to 20 in a matter of months.
It was in the news last week that India are struggling with the quality of test
Message David budd and he will confirm this.
He confirmed the same to two other EX shareholders.
How can they use GDRs test when it hasn’t yet been approved pretty logical really.
Magsy does have a hidden agenda whatever that might be but he does have a couple of valid points , a couple I said no more
Recent news on DIVOC labs:
'It also offers TRUNAAT, RT PCR and Antigen COVID Testing pending ICMR notifications and approvals.'
https://www.expresshealthcare.in/archive/latest-updates/divoc-health-set-to-launch-20-new-telemedicine-laboratories-in-india-by-2021/425401/
http://bwdisrupt.businessworld.in/article/DIVOC-Health-Set-To-Launch-20-New-Telemedicine-Laboratories-In-India-By-2021-/21-10-2020-333888/
What a ridiculous statement.
How do you know they are using inferior tests? So every country is using an inferior test to GDRs? Absolute nonsense.
Will they at some point, perhaps.. but what if this test does the job.. what’s the point in swapping out
They are not using it now, they are having to use inferior tests that are not working well. But they WILL be using our tests.
Message David budd and walbrook for confirmation. They ain’t using GDR test.
If they are then both parties have lied oh and Divoc would be illegally using an unapproved test.
I don’t hold a position here but maintain an interest.
Message the above they are not using GDRs test presently.
Apart from the fact they say they’re using our test on their website?
https://www.divoc.health/covid19-testkits.html
Investors can be disappointed with the current progress of companies they are invested in.
Apologies if that concept is difficult to grasp.
Could magsy be a more obvious swing trader?? I don't think so.
They have ‘over £1m’ of indicative orders, they aren’t completed. Divoc have not confirmed they are using our test, in fact LP said that he had been told it wasn’t our test.
Everything is lined up Magsy..approvals land and off we go.
Magsy, how do you know zero revenue, SA has opened up, they stated 1m orders back in June, you think none have been sold? We know Divoc are running tests. Why would Beckman collaborate with us? come on this board is ridiculous, mostly filled with traders who dont know behind from elbow.
i agree this here is all talk no sales this will tank
I really don’t think it is beyond you. Let me help.
Good products don’t pay the bills. We already have a world class product that has so far brought us zero revenue.
withy FDA approval arriving anyday the USA would love this test...how we are not at £1.70 now is beyond me it really is