Member Info for Atanasoff

H5O

Even by your standards this is embarrassing. CNSL are not CLS. You wish

I’m guessing everyone is getting excited about the trade show? LOL. If you note they are there listed under ODX and they didn’t change the profile page. Good stand position so will have cost a fair chunk. £50k all in? Hope they get better results than Vegas - the last one everyone got excited over following a RNS.

Have fun today.

End of a very busy week on here. More posts than trades should be a warning sign. No engagement with the facts, just repeating false information should be another.

And after all the furious typing with their webbed hands and hooves what have the rampers achieved?

Let's consult the market:

# Trades 20

Vol. Sold 880,384

Sold Value £19.56k

Vol. Bought 64,450

Bought Value £1.59k

The fact is, as I have said, the warrants expiring is not the great news the rampers think it is. The share was diluted. The board made it VERY clear they will dilute this share again given any opportunity.

The pump is continuing with pocket money trades that are all undone by just a single, small sell trade. Tragic.

Onwards to the November update on the 6 months trading update. Anyone that reads my considered research knows what I am expecting. Happy to be proved wrong but that doesn't happen very often.

Have a wonderful weekend for all those out of this dog of a share. We know what's coming next...

DYOR

I have written extensively on gut health. You all ignored it.

If anyone of you knew about the business here is the upshot:

As ODX ran out of you money the R&D that had been “focused” on covid failed to see the trend towards the micro biome.

That is why ODX have partnered with someone to white label a gut test. They will wrap this with app. It was meant to launch in Q2. That does t appear to have happened.

You also need to remember /be reminded that white label products do not carry the same margin as products developed in house . Nor do you own the IP.

Another reminder - as highlighted in RNS they had not until recently got any governance certification in place which for a medical company is dire.

I have tried to find the compliance with regulatory frameworks in the US (including HIPAAA) but can’t - have they dropped the ball in the market they have promised since 2018 would be its focus of sales growth?

Meanwhile - was it you that bought 10p of shares? You scamp.

Sellers will know it won’t get much better than this before results and likely better than after.

Carry on repeating debunked rubbish if you want.

Two green stripes appear almost instantly.

Let me guess - they havent been able to make any sort of defence of what is clearly in RNS.

They hate research because it shows how poor their decisions have been and blows a hole in the ramp of a stock that, for very good commercial reasons, has declined by 97.8% since October 9th 2020.

Back in May 2022 a dilution of share was announced, again, by a company that has a track record of dilution and selling off assets.

The dilution represented 55% of the companies capital. At this point they raised just £2million based on a dilution of 50,000,000 new shares. Tied to this was the prospect of another 90m warrants. This was a fire sale raise for reasons I have documented before.

In addition just over another 51,000,000 shares were offered - 2 million going to the Directors and the rest on open offer.

At this time the down ward spiral from the giddy heights of 2020 was already well under way. The price in May 2022 was just 3.85p. No wonder the huge number of warrants were needed to attract enough to pay out.

This huge dilution was passed at the AGM in early June 2022 but take up was poor. In the end only £2.2m was raised (as per final accounts for 2022). The dilution happened and yet here some seem to be celebrating the fact that since then the company has performed so badly that the fire sale warrants didn't dilute them further.

So here are the questions:

1) Where has all the money gone? Remember, they sold the "Crown Jewels" for £6.4m the same year. They posted they had £5 million left in March (oft quoted here) but that means a cash burn of over £300K a month. Many will argue that those days are behind ODX and so expect cash to be £4m. With consultancy, accreditation and a continued lack of good news (so poor that a one off sale of £50K was published as an RNS) this seems unlikely. Anything less in Novembers figures will confirm the downward spiral.

2) They promised in the 2022 half year results, much to the excitement of some, that EBITDA would break even in 2022 and yet, despite the cash injection they has a £2m loss of EBITDA. Why with the money injected to improve sales and systems were the results so bad? Remember, revenue fell in 2022.

3) What next? The dilution in 2023 was rejected by shareholders once it was pointed out them what a disaster it was for them (again). But they still voted through a blank cheque for the board to do what they want with dilutions should the shareprice get above 4p. It is doubtful many would fall for warrants again so if they need money, which this company has a track record of, then the dilution would need to be of epic proportions. Again.

Finally

4) If the Directors are so confident:

i) Why havent they posted any forward looking guidance for this FY?

ii) Have they taken an additional £300K out of the business in bonuses at a critical investment time?

iii) Haven't bought a higher stake in the business themselves? (For such a small business the shareholding of the board is criminally low)

The best shareholders for a company are those that hold truth to power and act as critical friends. The worst thing anyone can do is place implicit trust in a board that has a bad track record of delivery.

You have been warned. (again)

Captain

If that is directed at me I can confirm (yet again) for the simple minded:

1) I have no financial interest in CNSL

2) I have no other account on LSE except this one

3) I have extensive C Suite experience

4) I hope Erskine, Calderkate, H50 and DJ loses all their money. Vile, toxic people that never listen.

HTHs

Night cupcakes

Any new poster can look at my posts. They can see the forensic analsys of this stock. I find it fun as this was one of two stocks I didn't do my normal due diligence with. You will note the questions I raise and the almost instant responses I get - not answering or debating, but just attacking me and/or spamming some fantasist nonsense that would embarrass a 14 year old dyslexic.

I cannot wait for the report later this month. We will see if this company has turned things around or if they are continuing on a downward spiral.

It is always an interesting benchmark - the more a company is failing the more spamming rampers pile in. It happened to NNN. I was told I was clueless and thick and a company that had changed business plan twice in 12 months was a sure thing to multi bag.

Guess who was laughing when it suspended its shares and the fool Cave went into denial the show was over?

Anyway, I note 2 green stripes piled in. Hilarious.

This stock is for losers imo. Both in life and "invested" in this stock. Hope they lose it all. Give it time and they will.

68 Posts today. Losers. Speaking of losers - for all the furious typing it makes zero difference because you have zero credibility.

Back to low volume.

# Trades 9

Vol. Sold 258,604

Sold Value £5.69k

Vol. Bought 0

Bought Value £N/A

You know what and who you are.

tick tick tick...I have explained to the simple minded why warrants expiry without being actions isn't all a good thing. In any case that is it. CNSL have no where left to go. Ive heard farts last longer than the ramp. Now reality bites. A company burning cash. Nothing else left to sell. A incomplete BoD. A company stuck in a facility that doesn't allow for growth. A company that could sell covid tests during covid.

Lots of promises that idiots take at face value.

Don't tell me I didn't tell you so.

The ramper clearly doesn’t know the companies business plan.

It knows that the old and oft derided test left in its portfolio has days numbered. That isn’t where the growth and investment is going. The problem with lab tests is that it is hard to scale profitably. So they need something else.

It was one of the reasons they released an RNS and made it a positive point that they had got a gut microbiome test which it will white label and then combine into its app offering.

Now. Go read. When was the launch for this? (The tax payer funded carer will know as she posted about it enough at the time with one of her “any day now” posts.

Here is what research is - go online and see if they are selling this test next to the other tests it sells.

If they’re not selling it you have to ask why not when they said launch would be in Q2.

You may also want to look at the app. How many downloads has it had? Do you consider that good and a sign of a company on the up?

You can spout nonsense as much as you want and CNSL really only deserve your sort of low level individuals.

For everyone else they can see what is obvious.

38 posts today and for what? To demonstrate that you don’t know anything about business? Or perhaps that you’re unaware that the “crown jewels” of the company were sold off? Perhaps you can’t figure out how many dilutions the stock has had in the last 5 years. Perhaps you don’t know why, despite the spamming with total nonsense the share isn’t taking off as you claimed it would/should.

The fact is that today the selloff reflects the short pump the stock got on Monday. The reason for this happening is clear unless you’re a fool.

# Trades 13

Vol. Sold 707,197

Sold Value £15.95k

Vol. Bought 0

Bought Value £N/A

On the bright side – at least your posting reflect the pointless, confused existence you have in real life, so thanks for the glimmer into what must be a truly dreadful existence.

Continue the desperation – it’s hilarious.

Not long to go before the accounts are published…I’m ready for the spin already.

# Trades 24

Vol. Sold 378,395

Sold Value £8.39k

Vol. Bought 704,944

Bought Value £17.04k

Nett bought less than the Friday sell off. Seems we are seeing a laughably small but sustained attempt to ramp.

But stay excited. It will make the 6 mths accounts reveal even funnier. If the spread narrows and I held I would be tempted to sell.

DYOR and don't listen to those that are deeply under water because they didn't listen to expertise and who still can't read a P&L.

They lie to try and make their silly decisions look based on careful research instead of wishful thinking.

Weird that rampers on here never post any facts or seem to know much about the business. One of the reasons I green striped the tax payer funded "carer" was because it prefered stating what she thinks she read or heard rather the reality.

Your CFO that specialises in M&A doesn’t walk out if any sniff.

The ramping crew are just full of it. As empty as forward looking statements from the board.

Meanwhile finding it hilarious they are so excited by something we know are coming anyway.

Sadly for them - and much to my amusement they are now looking forward to results that will not meet their expectations. Wait for all the “yes but they have promised the pipeline is looking good” and “progress has been made” rubbish that we can laugh at.

Shall I prepare my “told you so” post now so I can post it at 7:01 am on the day?

The very definition of losers spamming this board with ramping.

This share cracks me up. More posts than trades and the sell off has resumed in earnest. You would think that the rampers would ask themselves why I and a couple of others here are consistently right and they are almost always wrong. You would think they would take the opinions of those that understand business and can real a P&L rather than just act like spoilt children. But no. That is why they are deeply under water and deserve to lose all their money. Which, if they keep it in this dog, I believe they will.

Fundamentally the markets don't lie. Although CNSL doesn't have meaningful commercial investors the hive mind of PIs know the state of this business and have reacted accordingly.

# Trades 10

Vol. Sold 387,558

Sold Value £8.60k

Vol. Bought 0

Bought Value £N/A

Hope you got out before the weekend.

Meanwhile - the volume over the 5 day fart has been exceeded in just one day.

# Trades 13

Vol. Sold 1,486,260

Sold Value £33.00k

Vol. Bought 100,000

Bought Value £2.40k

As warned it should be noted that so far today we have had 5 sells that near enough match the bought volume in the previous few days. Wonder what happens next? LOL.

As it is we are back to where we were last month after a low volume, low energy pump based on nothing.

I also have a wry smile as some of the pumpers refer to the CFO. Which one would that be? The one that got a #150K bonus and then legged it? A CFO that specialises in M&A doesn't jump ship if the company is doing well or is a target for takeover.

It is also amusing that you consider the warrants expiring a "good thing". In some regards it is. The heavily diluted stock isn't diluted further. That is the good news. But it also means you have a bunch of gamblers/investors that have been holding these that hold stock they don't want and won't get the value out of them they expected. This is damaging in the short and longer term for obvious reasons. In addition, for CNSL it also indicates that they can only rely on the thing they are generally useless at, i.e selling, to turn the company around and get money through the door. They cannot dilute unless the price goes well above 5p, which it won't on current forecast. They cannot secure funding if the withdrawal of the overdraft (the easiest bit of funding a company can get) is anything to go by. Distress debt is hideously expensive if secured so that is an unlikely option. Of course they have a healthy bank balance if we ignore potential liabilities. Let's see how much is left - less than £4m and they are still burning too much cash. My guess it will be c£3.5m based on past financial statements.

Cultists always want to believe that something special is just around the corner but the hysterics and spamming of the board with totally fabricated hypothosis just reduces what little credibility this stock already has. The rise on expectation happens every year leading up to trading statements. But will it be sustained? Unless sales are significantly up, margin returns to previous levels and cash burn decreases significant (demonstrating a trajectory towards taxable profitability in 24/25 actually happening) this stock will be toast and held only by those in denial. The talk of shorters is hilarious and demonstrates a total lack of knowledge as does talk that negative, truthful posts on here somehow will sway a market.

I have the popcorn ready for the accounts. Nothing else matters, especially not a poxy little pump. On the bright side - any holders now get an extra £70 for every 10,000 shares they own. That's still over 95% down from highs but may be slightly more palatable than when it went to 1.65p (as I predicted).

See you later.

My prediction following results is that it will be under 3p.

I think it has the potential of 4p next year.

I expect the business to fail in the next 36 months.

The pump has stalled. Still tiny volumes. That should tell anyone sane everything they need to know.

Forget warrants, as I said months ago. It is all about the six month trading update. About a month to go. If they have less than £4m in the bank it is a disaster. I think it will be circa £3.5m. The white label products due in June still aren't for sale on the website. No CFO announcement. No tax payer settlement. No US expansion news. No Chinese expansion news. Just the usual silence from a BoD whose CEO took a big fat bonus despite huge losses.

# Trades 12

Vol. Sold 0

Sold Value £N/A

Vol. Bought 112,679

Bought Value £5.92k

Expect this to fluctuate until the accounts arrive when the truth will out.

I wonder if some will then finally admit some of us have been right all along or will they be gullible (again) and accept the jam tomorrow.

Yep the same old playbook as the old banned poster. The braying "carer" has its green stripes everywhere so I guess like a small child that is easy to please it is delighted the circus clown has arrived.

You have to pity them really. It they hold imagine just how tragic it must be to be celebrating a minor pull back from 10 year historic lows. Imagine trying to ramp to 3p as somehow triumphant.

This was and is a strong sell for me until the board can show they mean business.

It did go to 1.65p you moron.

Try and keep up.

I have said the price will be volatile. I have shown how that happens on very low levels. I highlighted why having your credit line withdrawn (even if you don't need it which thanks to a just in time fire sale of the "Crown Jewels" in the portfolio ODX didn't).

When you say "invested" were you the 99p buyer today? Did your mum give you some pocket money?

The accounts in November will be dreadful. This is inevitable. Here is some good news - I don't think CNSL will have to pay back much, if anything of the money they owe the taxpayer. Bad news - it doesn't really matter because unless this share goes above 4p enough to justify a placing it will run out of money before it has chance to implement its new business plan.

A sale of the business is interesting. Who would buy and more importantly why? For a ropey old blood test? Okay then.

All the decent stuff has been sold off. Hence why the BoD have got a new strategy (which I consider a decent course to take). But it is in transition with a pile of legacy issues and no CFO (which from a governance position means problems).

Keep trying harder and put down the Sunny D. Only an idiot would get excited about rises on low volume back to levels seem just over a month ago.