Member Info for bigAl67

Hi Sam,

I recall Bobbyk posting the following link on Testing in India on 5th July.
https://www.msn.com/en-in/news/other/covid-testing-numbers-on-rise-but-states-are-feeling-the-pinch-of-high-rt-pcr-costs/ar-BB16lDqI
My take on this article was/still is:
A very interesting article.
If I read it correctly, 85 - 90% of Tests in India are still RT-PCR Tests, which cost £10.73p each.
With GDR Tests costing £8-£10/Test, and with GHIF financial support into India, I would have thought that GDR's RT-PCR Test is a Good option ?
Hope this helps.

Hi clark,
Yes agreed they are very busy.
The good news is that 'as I understand it', India have recently doubled their Accreditation Test Labs, to help speed up the Approvals progress. This is due to the horrific situation they have in India.

Hi trytosmile,
Thanks for your reply, and confirmation of your meaning.
Certainly is frustrating that we are not receiving updates - but what could DB say that would really help ?
. DB could say that we have more than the 1 million + indicative orders, since his last report in the Fiscal Year report, 2 weeks ago, not sure what that would do to help, ' they are still not sales, I hear many say', if indicative orders have indeed increased ?
. DB could say that the ICMR/FDA Approvals are now X-days/weeks away from confirmation, but would he know this info ?
. GDR are a small team , with help/support from GHIF/DIVOC and other Global Distributors, and I am sure they are all very busy, after all why would they not be busy ?
. Rightly or wrongly, I do not get the feeling that anyone else is getting any closer to our position/status with our Gold Standard RT-PCR Test Kit.
. I am not hearing of a shed load of other RT-PCR Test complete Approvals coming out of India or Africa or USA, ahead of our Approval submissions ?
. We do not have any reason to believe there is any sort of problem with our Product, in fact quite the opposite, we believe we are the BEST.
So Keep the Faith, and look forward to those RNS's flooding in - IMO

Hi starrenstoff, Hi clark,
Yes Saint-tropez, explained the change in India's 15 day ICMR Approval time, in a reply to a similar question I asked him yesterday :-
saint replied:- @BigAl

The ICMR approval process changed mid june.

They removed those timescales at that time and updated their application procedure.

Hi jh,
IMO your FOMO in GDR will prove to be well founded, and you will make more money from GDR than AVCT, IMO. GL

Hi trytosmile,
what do you mean, when you say: 'Unfortunately I think it will spike too much catching some out' ?.
Do you mean the GDR SP will spike very high when it initially rises, catching out those who are not in GDR at the time ?
What sort of spike do you expect ?

Add your stats to the sweepstake predictions for next week, and we cannot go wrong. The only way for GDR SP is up, surely !? lol

Your stats did it for me Coldspy.
Just executed a qty 6000 purchase at 0.8087p - I intended to wait for 79p, but became too excited !

I see the Sweepstake as an interesting debate of individual views ! enjoy.

FDA Approval - bigAl = 28th July 08:00 hrs
ICMR Approval - bigAl = 27th July 07:00 hrs

Hi Sam - Hopefully, that will all change, and GDR SP will be affected upwards, once we receive FDA Approval !

Hi Sam,

Yes the only immunity that appears to be working well ! lol

Bloomberg Global news today:
It is getting more difficult to get a clear picture of the Corona Virus Pandemic in the USA. The problem is Testing short comings.
Officials have warned that new infections maybe significantly under counted. The Government Testings have said that while 67,000 new cases maybe reported each day, the reality is more likely 200,000.

USA needs GDR help with Testing right now !

Hi Madhav,
Can you post the ICMR list link please.

Agreed PP.
It will be interesting to know who bought the unaccounted volume of stock ?
I expected to see a TRS by now !

I agree Big Bench - we need quality news/updates.
I am sure that DB said to chase the Labs to progress our product, does not go down well, and is more likely to hinder our product progress.
Better to be patient and support the Labs with any information they request, than to press for progress.

Hi Longterm-14,
We all want and desire the news we expect to receive i.e. Approvals and Sales.
Its frustrating seeing the SP drop with the lack of this quality type news.
DB did say from the outset that GDR are targeting India, Africa and the USA for our RT-PCR Product, and I am sure he knew that breaking into the EU and UK markets would be more difficult, and over chased !
Certainly, our COVID kit is more suited to hot Countries due to its climate/temperature benefits.
Ours is a Great product, and with GHIF and DIVOC in support, I am certain we will win through.

I remain convinced the issue with getting GDR Approvals over the line is due to Volume of Approval Tests going through the various Countries Labs.
Getting GDR RT-PCR Test ready for Approval was later than most, and the Soft Ware improvement delayed the process even further.
However, with very little news/updates on GDR's kit progress ( and I am not sure what DB can/could tell us, in this situation), we are bound to question whether our hard earned investment is being handled in the best way. This is quite reasonable and normal, with so much money at stake.
Meanwhile, we do not have any known reasons for believing there is a problem with our GDR RT-PCR kit, and so I keep believing its down to the process time, and our GDR Products will come through, for us all.
I have plumbed for Tuesday 28th July @ 8am for the FDA Approval RNS, and Monday 27th July @ 7am for the ICMR Approval.
Keep the faith.

As I read the RNS :-
. BGF have sold their share holding in GDR to below 3% - BGF now hold somewhere between 0% and 2.999% ?
. BGF holding prior to RNS was 6.361% = 3,306,834 shares.
. Even if BGF sold their entire holding, that still leaves 2,528,166 of the 5,835,000 shares sold, unaccounted for ?
Any ideas on who else may have sold ?, and why ?
At least it looks like GHIF, still hold their 13.66% holding ?
I was slightly concerned it might be GHIF selling, not good, if so, in my book, as they most likely know the status of GDR's India approval ?
21-Jul-20 15:02:42 72.60 400,000 Sell* 90.00 92.00 290.40k
21-Jul-20 12:36:19 72.60 2,000,000 Sell* 90.00 92.00 1m
21-Jul-20 14:33:07 72.60 200,000 Sell* 90.00 92.00 145.20k
21-Jul-20 14:39:37 72.60 200,000 Sell* 90.00 92.00 145.20k

21-Jul-20 12:26:25 72.50 3,035,800 Sell* 90.00 92.00

Thanks ST,
You certainly nailed this one, just minutes later an RNS arrived, good shout.