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Tiger bought back in at 10p. No wonder you are being spikey with your comments Tiger. You were all warned not to be spiked but chose to believe those who knew better!
Why on earth do you think Cheek was evasive about taking this private. If it was a no he would have said no. It’s going to happen. Feel free to keep pushing the ‘this will be 20p by Friday’ agenda though if it makes you happy.
I said 2 years ago this was done and we are almost there.
Trouble is aimgambler some are nuts. I was criticised heavily for saying some had been spiked at 6p but look at it now. They are like the alcoholic who tell us they could stop drinking whenever they chose and don’t have a problem or the gambling addict who is going to quit after the next spin.
Even when the doors close they will spend days debating why it’s not the end.
Most have done here what we all have at times, seen the price much higher and with a bit of encouragement dreamt about investing and getting a huge profit within days, or hours even and like most gamblers chased their losses. Most won’t have even told their partners they are invested and are having sleepless nights about that moment of confession.
Those who receive abuse on here have faced the truth (have also lost money) but continue to be abused by those who simply need to vent at someone. It is a shame all round but this share is almost done.
System you are a troll.
After all System what’s not good about only having 3 months of cash left.
I still doubt you have any shares and are just trolling. Nobody could be that stupid. Seriously if you were as daft as you make out you are you wouldn’t even have the ability to set up an email address and password to enable you to post on here.
You are 100% a troll.
Stocksaint - I have compared GDR to Dragons Den a few times but always get told 'Oh it isn't like that'!
Course it is - fundamentally they ask 3 things:-
1. What are your sales (well £50k a year the last 2 years)
2. What is your trading history (well the last two years we have lost over £4,000,000 pounds)
3. What would you do with our money (just continue to pay ourselves and have fun spending £400k a month)
At this point the Dragons put the lids on their pens, put their notepads on the table, declare themselves out and the dreamers disappear into the lift telling us all the successful multi-millionaires are wrong and they are right!
'Still think JC is going to surprise us in a good way when the next RNS drops..!!'
The biggest surprise is if we hear anything System!
Would love to hear how you reached that gem of a conclusion - maybe its all the other good surprises GDR have delivered.
If this is 'world beating' and the answer to the NHS's problems why has nobody ever made an offer for it?
Yes Stephen11. I do a bit of investing and just feel the board are stringing people on and have done so for a long time. There’s something fundamentally wrong as they never get to selling anything. They remind me of many businesses that go on Dragons Den.
All these countries but no sales (yet).
I bet some at GDR are having the time of their lives on the £400k a month spend flying business class here, there and everywhere, putting up in the best hotels, eating the best food then sending a tweet when they return to keep that carrot dangling.
Its pitiful !!
This may help :-
2023 Results
Financial Highlights
· Loss for the year of £5.2m (2022: loss of £4.7m)
· R&D spend of £3.9m (2022: £3.9m)
· Cash at bank of £2.6m (2022: £4.6m)
Ok Jimi would you like to tell us what the total incoming sales total is for last year please bearing in kind everyone they spend 350-400k a year no sorry I mean a month?
Again for anyone new - Gendrive have been announcing new partners for years in all sorts of countries and as yet non have delivered. They also love to mention when they are at a trade show but nothing ever comes of them.
Say what you like on here but nobody is able to say they have sold anything because they haven’t. There is clearly something which prevents sales.
Invest at your own will but don’t do it off the back of what anyone on here says either from a positive or negative perspective.
Never give up do you Jimi!
No doubt some saw the headline of a hopeful +20% and bought in at the top of that spike!
Any price predictions even with caveats should be banned or posters should be ID verified.
Love how they cherry pick from the results and conveniently omit the bit about a raise being necessary by the end of this month!
To anybody looking on here for the first time - Jimi is a perfect example of someone deep in trouble and blatantly ignoring the fact GDR are running out of cash and inventing information to temp you in. He’s not alone.
This said unless GDR soon sell something the buys here will make no difference. People look at the number of shares purchased, the column to look at is how much £ they invested. You can literally get 100,000 shares here for pittance now.
Interesting Jimi - so are you saying the CEO was just joking when he said they needed to raise cash by the end of Q1. Just seems a very odd thing for him to say if as you mention ‘they have plenty of cash’.?
I wonder how many poor sods will be spiked here again.
Anyone new (or old) should remember just 2-3 months ago the CEO himself announced funding will be needed by the end of Q1.
There’s plenty on here £1000s under water and a few who are looking for a quick profit so beware and remember as of now GDR have sold nothing.
The only thing brewing here is the boards daily cups of tea while they sit and count their hard earnt salaries whilst selling nothing and releasing just enough info to dangle a carrot to get some to spend their cash on their shares.
'Looking good at last' - it's 5p!
Absolutely - so blue in fact its showing as 4.50p and red (2.70% down).
No way are you in here for £100k. And I will tell you why, earlier you posted this at 8.37am today:-
'I know wear your coming from'
Nobody with £100k to splash around on this spells like that!