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Common Basu and mike33 time to snap up loads of shares in your wonderful company.Plenty of sellers out there at 4p. Now is your big chance to grap a big slice of a company you claim has a great future. Must be worth much more if you believe what you spout.Do not be shy exploit the foolish majority who who think you are snake oil salesmen. Go for it.
Scammed.
Who would take up such an issue so soon after the last one? We need some reliable sales and financial data before any issue would have a hope of succeeding.
Let's brace ourselves for another rights issue
Well, Billyb if the buffoon Basu and his pal mike33 believe all the drivel they keep coming out with ! Both these jolly fellows are busy buying up as many shares as they can at the present wonderful bargain basement sp.
Wonder how much basu the bullsh177er is down on his shares now. Mind you, he gets paid well.
More dilution and still nearly ten times this payment outstanding on the notes, which if my memory serves me were issued at 14p. At this rate there could be another 80 million shares owing just on he loan notes or more as they will probably find the value dropping from the 5.11p paid, now worth only 4.65p in less than 24 hours. Staggering. The truth is these are their only options and not very good ones. Any price predictions from here?
Well ArK87, interesting, wonder if he will "have the bottle" to explain why he is so full of w... and p... but no guts to back his views ? Maybe he is devoted to Baku and cannot control himself or is just a failed comedian ? over to you mike33.
"mike33" Doesn't actually own any KMK shares chaps. I think that's pretty obvious at this point. I offered to donate money charity if he and "strategicinvestor" prove they actually owns shares which was ignored then back to the copy/paste ramps
New all time low. Wow!
Well mike33 you did not answer ANY of the questions put by Stuartrm. Why not ? you believe in Kromek it seems without any good reason..Are you backing your opinions with money. You should be at the present knock down ,give away sp. As Billyb asks are you investing even if Basu is not. Funny that Basu not buying in at less than 5p.
So then mike33. As you are so positive about kmk and have been since anyone on here can tell and, not ever said anything negative about the company, the BOD or the products. Further, after all this great news, why does the SP sit at its all-time low? Why are kmk share sells constantly massively exceeding share buys?
Are you going to buy in or increase your holding?
The good news today about Spectrums new Veriton 300 is proof that they are fully committed to using kmk's CZT tech and are 100% happy with the modules supplied and looks likely they will use kmk's CZT products across thier range, I've also seen that it's been submitted for FDA approval a few months ago.
So with GE, Siemens, Cannon and Spectrum Dynamics all using CZT in thier CT scanners
Philips decision adopt Kmk's CZT modules had to happen to keep up with the competition.
The slightly out of date Philips link below shows their enthusiasm photon counting and efforts to develop a CZT scanner and if they use it across thier range as Spectrum seems to be doing will have a solid impact on kmk's bottom line profitably.
"Enhanced Dose efficiency by enabling the possibility to use less dose and get more information from each photon. Commercially available systems allow for dose reduction of 32% compared to dual-source CT."
the commercially available systems are referring to Kromek whom have been developing this tech with Philips for a number of years.
https://www.philips.dk/healthcare/resources/landing/photon-counting
Is the adoption of the Kromek detector in that machine good news? Technically, yes. The big unknowns include, as is often the case, how many of the machines will be sold, the break-even point for Kromek from those sales, when will that break-even point be reached and the projected profit per machine after the break-even is reached. Unless and until the "good news" has a significant dollop of good old Lsd attached to it, Kromek's past financial history will continue to temper any enthusiasm for such announcements. Small sales, small profits (or even worse a loss) are no use, no matter how wonderful the breakthrough is from a technological point of view. Provide some realistic numbers, please, Kromek.
What a Smoke and Mirrors Star Bafu the buffoon is . mike33 takes it all in. These massive technological break throughs keep turning up. They herald a wonderful future for Kromek as the world rushes to Durham cheque book in hand. Back in 2017 with the sp between 30 and 35p Questot of the Daily Telegraph passed on the good news to investors. {he apologised back in 2021} We all make mistakes,but the good news keeps flowing from Bafu or Basu or whatever he calls himself. The sp cannot hold at even 5p. At this price surely the Bod of Kromek will all be buying up shares by the bucket load as those great days back six years ago will soon return will all this good news
Another exiting RNS and Basu is again delighted.
I say, great news for this industry and much needed.
Yet the SP hits an all-time low today of 0.047.
Hmmm
@mick33
YAWN
Spectrum Dynamics sales seem to be doing well...not a Veriton but CZT...must be Kmk's ?
John Radcliffe Hospital, Oxford United Kingdom - spectrum-dynamics
https://spectrum-dynamics.com/john-radcliffe-hospital-oxford-united-kingdom/
Spot on apro. we have been told about these amazing products for many years now. I was one of the mugs that believed them. What is surprising is that there are still people out there coming back for more and saying the snake oil salesman is worth listening to. The sp tells you everything. Smoke and Mirrors.
"Earlier this year, Kromek published its results for the year ending 30 April 2023, which featured record revenues, but widened pre-tax losses "
Sadly for all the amazing products and razzmatazz they just can't produce stuff for a working profit.
Their lack of commercial nous just keeps dragging them down and could well one day bury them.
Today - as per Joe's post
https://www.insidermedia.com/news/north-east/kromek-finalising-terms-for-borrowing-facility-refinance
Kmk new customer
Sept 2023
First time I’ve seen an Oil & gas customer mentioned
Petrotech has successfully implemented Kromek’s Quant 4 RayMon at several legacy oil and gas sites, supporting sessions of oil drilling asset/site radiological assessments, and controlling NORM debris.
Naturally Occurring Radioactive Materials (NORM) is a common waste by-product of oil and gas production. Radioactive sources such as Radon gas, Radium 226 and Radium 228 can accumulate at several stages and locations in the oil or gas production process1. They precipitate as sludge, scale scrapings and other waste materials in pipelines, plants and machinery, which poses many health risks to the public, the environment and workers in the oil and gas industry.
As a result, NORM must be effectively monitored, controlled, and then disposed of, and any contaminated equipment cleaned2.
One feature in particular of the Quant 4 RayMon stood out to Petrotech as stated by Moses Essiet, Managing Partner, was: ‘the products ability to capture the coordinates, graphics, and in situ spectrometry of samples’.
https://www.kromek.com/user-story/weve-struck-oil/?utm_campaign=RayMon10%20Campaign&utm_content=263130379&utm_medium=social&utm_source=twitter&hss_channel=tw-2967539429
Thanks Joe.
I think the bank originally extended it from March 23 to 31st August 23, from what I have subsequently read.
Any ideas why they keep needing it to be extended! now to 30th September 23? admittedly this time by just a month.
Can they afford to pay it back? Why does it keep being extended.
Just doesn't look good to me.
Do you think this could be a foreshadowing for a possible raise? or is something else going on.
If I was in a tight position then the obvious thing to do would be to RNS some good news, followed by a raise, pay off the bank - which is a AIM game tactic used a lot in my experience.
Jut curious what others think ....is there any other reason?
HSBC was extended by the bank to 31 August 2023. The Group is pleased to announce that the repayment date has been extended to 30 September 2023 as the Group finalises terms to refinance the borrowing facility.