Member Info for Atanasoff

One of us a a company director with a track record of M&A

clue - it isn’t you.

Kate - of course it’s an assumption but one based on knowledge of how these things actually work.

You have no good news coming. If this stock wasn’t already on its arse today would be brutal. Perhaps some today will cut losses.

All bets are off the table at this stage. You just don’t delay overdue reporting twice without serious issues. This isn’t just an issue of not finishing the accounts on time like a small business. It is fundamental.

You’re in too deep it seems to see reality but I wish you the best. I hope the money you’ve invested can be afforded to be lost - if it is all off horse racing bets I am guessing that it is okay.

I suspect big disagreement behind the scenes with the auditors. I suspect hey are refusing to sign off the accounts.

The sale is not within the accounting period.

Only one reason these results are being delayed.

Caley2

I am assuming that English isn't your first language? Are you even in the UK?

Caley2

Nope. Try harder and remember to buy more tinfoil.

Hi Kate

I said I think it will fall to 2.5 bid and that 2p could be tested. That is only a 25% drop. We have seen that sort of drop around earnings data reporting. This is based on expected burn rate, the issue of the delayed figures which would indicate (from the RNS) that the sign off was dependant on the earnings data of the sale, sales of remaining products (which were growing but likely don't have the "breakthrough" potential of say selling a test in a pandemic may have had, confidence or lack thereof, in the board etc etc)

Take the last few updates and crunch some numbers and this is a business that is on its knees.

If you live on planet Caley2 he is expecting over a 300% increase in share price. Have you even looked to see what that does to the market cap? If so compare that to the EBITDA. Even after goodwill it just doesn't stack up.

I wish you well but this in horse racing terms this stick is a Findus Lasagne.

hi Kate

You confuse ramping with being rampant.

Still not said how many you hold, at what average or if you bought today.

Plus 250K is only £7K - not exactly the highest confidence buy is it? Likely a PI that is deep under water and wanting to average down - until the next time it falls. (on the 1st for example).

Hi Caley2

Thanks for the deranged response. Always a pleasure. I think being a "dreamer" is the easiest job in the world on the ODX front. My little bet is what pops first - this or other dog shares like SYME. You do realise your posts are utterly pointless don't you? You have the credibility of Nigel Farage and all the appeal of a 5 day old egg mayo sandwich.

I can't recall you being right about anything. I also note that you cannot answer my question either. This means you don't even believe your own hype. Either delusional, trolling or putting hope before reality.

Do you even hold? How many at what average?

Hi Kate

Note you didn't answer my questions. You have been rampant on the board this last 18 months. But you provide no evidence of adding or indicate how many shares you have.

Not sure what you're going on about the police.

Hope you're okay but you seem to have jumped the shark a long time ago.

To be fair that was to Caley2 - not Kate.

For Kate I have to ask - why are you so confident to average down AGAIN (if you to be believed). ?
What are you expecting the figures to say?
Why do you think people will have confidence in the BoD again?

To me it seems like you are putting accumulator bets on a horse that has just been loaded to go to the glue factory.

Not one broker is forecasting 12p.

When I challenged you to justify why the market cap would rise to the levels needed to sustain this price you were mute.

Are you trolling or mentally ill?

I think the irony of betting (it isn't investing) on ODX with horse racing bets is delicious.

ODX figures will indicate they would have gone under were it not for the sale. I expect burn rate to have declined significantly. If it is more than half of what it was then they are screwed. End of.

The results are going to be horrific. BUT only small investors left and so many under water I am not sure how many can stomach selling the huge losses the carry.

Expecting a sub 2.5 bid. May even test 2p.

But the timing and content of that update was very "Gary".

It is going to be a blood bath in the morning. GLA.

I would agree. Although the fat lady isn't singing she is certainly clearing her throat. So, as you highlight with Interserve, it may fail but it could be worth a punt. If Chapter 11 is filed (which seems sensible at this stage unless they have a rather big rabbit to pull from a hat) and they delay until the appeal on the flakey Canadian decision and that case goes back in their favour then you could see a significant bounce.

If they need to dilute now then I think it is game over. When just £1K gets you 52,000 shares for a company that (massive debt aside) is going into its busy season and likely going to be profitable soon the returns could be vast. Lets say they return to 23p. That's near a £11K profit on a £1K bet. Even at 10p the return is good. And that is a small punt.

Don't call it an investment. It is a pure gamble but this seems to be screaming a Gamestop opportunity to me. I am finding it hard to resist.

I do. Do I hold? Not any more. Am I buying? Not yet but am looking to.

I think the price will fall further when they declare chapter 11 and I wouldn't like to be around for any dilution but and it is a big but IF they can get the debt under control the offering has a future or at the very least a dead cat bounce.

Bringo

How do you justify an increase in market value from £7 million to £23.8 million?

Oh look - you know nothing about the company or how shares work.

Stop lying

It’s a bit strange. I’m an angel. Have well over £100 in the pot. But I ordered from laithwaites.

The wines from laithwaites are perceived as better at a lower cost and Santander have a cash back offer. This made the decision easy to make despite the credit.

I want love naked wines but I am not sure I do anymore.

I said this dog is going to go below 3p. I was right. I have also said it will go to 2.5p.

The results are going to be horrible. This is a business in the last chance saloon. When it finally releases the result will be another drop. As I am no longer a shareholder I am not blinded by the obvious. The only thing supporting the price currently is PIs so far under water they cannot come to terms with the idea of selling.