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I don't know DW. Never met the man.
Is he a crook who has spun this along for 7 years? Maybe
Is he an exec who after 7 years is moving on or had an internal disagreement? Maybe
Is this business now fully funded for 2021 with three drills lined up? yes
Is this whole 88 ride destined to produce nothing but frustration? Maybe
Is it all a myth and there are now rigs, drills, snowroads? Maybe .... but really ...
Is Brom on the 88e or other MMs payroll? Maybe
Does Brom just like to post messages on a board? Maybe
Does Brom hold millions of shares and does lots or research? Maybe
Is the SP blue today? Yes, so far
What matters is we have three drills lined up .... one within 3 weeks.
All that matters is hitting a payload
VGLA
I dont post much but thought I would say hello ... been here 4 years. Seen ups and downs. Awful gig with Premier... but hey they paid right! Covid awful timing for us also. Lots of hate on the board which baffles me ... if you don't like the share then surely make your soul happy and find one you do? I am also on a hefty loss but ... with all that is brewing I can see this north of 1p early next year. I think protocol dictates i need to add IMHO .. not a ramp ... please don't lynch me! Good lucky all. Stay safe and well
Some chunky trades gone through on 21st and 22nd - atleast there is still some interest here. Agree with the comments about the patent and BOD, the M Walls era was a strange one. With personal health and self diagnosis/home health so important now surely CPT can take advantage? Even if we modify from just pregnancy into generic health monitoring? The big trades could mean nothing at all or could mean somebody knows something? This remains a waiting game
Was a good RNS but not a game changer. However, being in partnership with a company working on a Covid-19 cure has to be a positive. Maybe we adapt our product? SP needs to get to 6p for me to start getting a bit excited ...
Some volume being traded over the past few days which is good to see. Bit of a depressing RNS - we dont need the factory so we are leasing it - crude view I know. I got excited when I saw the title TBH. Anyway given the choice of empty factory and paying for it or £300k to rent it, its a wide move - but wont change anything. Just hope the renewed interest means there might still be hope here ...
Here we are again … another placing, but same strategy or lack of one? Did someone really just sell 8.5m shares at this low SP? There seems a lot of trading today though, but with CPT I am unsure what it means anymore. Raising £1.9m in the current climate is no mean feat, but is it Mercia continuing to pump it in? Like many I'm sitting on a heavy paper loss, so wont sell anything now. I will either fetch glasses for the fizz or switch off the lights on my way out. I cant believe we have only just decided to hire some marketing people. I have not lost all faith, but I dont hold out much hope anymore. It feels like a merry go round of senior people on decent money whose lifestyles are funded by shareholders. LOved to be proved wrong. GLA.
Interesting if thats is being talked about. Intention was always to use the underlying technology for tracking wider health issues. I know stress/anxiety was being talked about but that was 12-18 months ago.
Been waiting for this drill for 4 years, at Christmas time I was enjoying some wine and thinking about what could be come Feb/March …
However - the world has changed. Nobody could of predicted what we are facing right now with Corona.
Yes the SP is awful - but take a look at vast majority of stocks, its a bloodbath. I was hoping to get to 3-4p just on hype and some good early RNSs. This option has gone for now. I feel for DW and the entire 88e crew, must be devastated. However - nothing has changed with the project. Its just now a bit like red or black betting.
GLA
I agree that taken in isolation its a decent update. Making the right noises - reducing costs, gearing up for PR/Marketing etc. However - no detail on sales, new deals. Which is a worry and has been a theme for past 18 months.
Sadly though ive personally heard all of these Exec level statements before from either Eric or Matthew. No real new news in the release - we know the product is proven, our challenge has always been reach and voice. We don't have the funds to go above the line with marketing is still a fact.
Efficiency in the cost base is obviously a good thing - providing its not at the expense of quality.
You have to assume that if the sales figures were good then that's something to shout about. Instead they reference the thousands of free app downloads. Sadly money talks - so no sales, means limited funds which leads to a placing sadly.
But always end of a positive - nice tick up in SP (however as ive said before needs to go up 500% before its on the cusp on interesting for me and many) and atleast we have now stated a sensible plan.
GLA
I remain a believer in the product. I also still think a buy out / takeover is likely in the medium term, but we need more reach/audience before we really worry the likes of ClearBlue etc
One day 20% down and one day 27% up ... zero news flow
It needs to go up another 500% to start getting remotely interesting sadly ...
Feel like a broken record .... but its a shame we are now a penny share ... even though we appear to have a proven product with a clear USP. The dizzy heights of 20p a distant memory. Like others I'm sitting an a huge loss and TBH I have written it all off now, a bad investment. Could this turnaround? Who knows - zero news flow, suggests there is nothing to say? That being said I cant sell ... whats the point, so will just leave these now and see what happens. The news flow is shocking. Past three years I think 3 MDs ... tells a story
Not great to see the SP re trace back down to such a low level ... but there is still no news flow or update on the strategy/plan. Same comments really - product is proven but seems we have little reach in terms of marketing and major concern now is ongoing funding. I hope we can turn this around, but now worrying times
Not a poster ... but a LTH for 3 years. Everything is looking good and fingers crossed for 5p in Feb ... Brom and Jiddy big thank you for all your posts and work and everyone who contributes. It’s appreciated. Bring the black rain! GLA
Does feel like a revolving door ... difficult to get traction and let somebody make their mark. Its just another factor to this share that just keeps you guessing! Walls talked a good game, said he was changing to his plan blah blah. Oh well onwards and upwards ... lets see if Penny can make us a few Quid : )
Yep stand C38 - hopefully Dr Corda endorses us in the panels and discussion groups. While I appreciate the comments about "wow a birth" I do think its a big milestone for us, but its not going to transform us. But I think their is life in this share yet, always believed in the product from day 1! GLA
Same here Broon. As I say ive been here 3+ years and stay firm in my belief in the product (despite my occasional moans!) The move to partner with fertility clinics excites me and if it goes well should be a network there we can tap into. Then the NHS to me seems a logical step? A long term game here for sure. GLA
As a LTH over +years Ive needed to adjust my mindset. The fiasco of China ... needs to be put to one side and this now treated as a business and product that only launched last Nov in the UK. I know I sound like a broken record but ive seen us at highs of 24p and endless promises, but as I said this needs to be parked. I have averaged down a lot as I really do believe in this product. We have made the right moves with Boots, Amazon and he recent partnership announcement. Our scale and reach to advertise has always troubled me, but Fertility Clinics and the NHS could be the answer here. Have not sold a bean over the past 3+ years and don't intend to. Agree with the thoughts around this could be 12 or 24 months slow burner now, but do believe this has staggering potential for returns. IMHO. Good luck all and keep the faith LTHs