Member Info for bighammer

Unless they can see where £1-2m worth of shares will come from in the medium term that is what may need to happen . There are so many variables both good and bad it is hard to predict , the one positive is the tests and the profitable income they can generate once up and running , its just a matter of when.

That better have proper butter on or dont bother lol.

I see the cheerful charlies are back . Nobody has said this WILL happen , we are just summizing what the probables could be in an adult manner, and then you turn up and blow it out of the water. I get you have your view as to what will happen and where it will go just try putting it over in a different less critisizing manner , after all we are all here to make money .

If enough funding is raised for 12 months plus say in the region of £7m ish then 50% would be about right but it would then take the worry out of funding and then the co could concentrate on communication the the said authorities and sales.

Neil , no need to applogise for getting it right,lol. I just feel Cheek is going to come up with something good , dont know why i just have the imression he sees this job as a stepping stone to something bigger and wants to prove himself to the big boys , and dont forget the chairman has a history of selling companies for a good profit. Just how far off are we really from getting both tests to market???. 6,12,18 months .

Roger, i am of the feeling that the BOD are looking at long term funding in the near term but i would be surprised if they goto RF. They might look at a more traditional type of funding but at a big discount OR they may go down a partner type deal but i see them getting rid of RF in some way , how i dont know , just my thoughts on the rns.

I am hoping that now the hearing test is in full use at a number of hospitals , it will be worked into new financial budgets from other hospitals . The more tests that are carried out the sooner we will get full approval but time lines are out of the boards hands , what i am hoping is Cheek is as pro active behind the scenes as he eluded to in his presentation, and yes like others i was expecting a lot more news this year than we have received.

great average Neil , not jealous at all with my 38p , BUT if we can keep solvent over the next 12 months i am confident of still getting a profit , hopefully a good one .

Roger, i am of similar thoughts . Cheek is a lot more pro active and it is clear from the RNS that they are looking to wrap up funding for medium term at least. For them to come to this conclusion they would need to know when and where they can predict sales and have an idea when they would be at break even point.

As they are predicting news in the following weeks then they would have an amount , an idea who with and at what terms , if this is the case then £7m minimum PLUS whatever the cost to get rid of RF but it may well be painful and at a cost but the main objective is to keep the lights on without the noose around our necks.

Would it be straightforward terms or a tie in with % of profits and sales ?????. What we need to remember is as and when full approval is gained and sales do start then self funding and profits will be easily obtained, all imo.

Feel your pain System , but the fat lady aint singing yet. Cant promise she wont just dont know yet.

Winnimandela. that is a very well balanced view for me as to where we are and why. Like many goingon the presentation last year was expecting news not only on the FDA front but also on the special commissioning front , now that has either gone pear shaped OR it is proving to be a lot more complicated as first thought as i dont have Cheek in the same category as Dudd, ,, just yet.

Guy , i know exactly what it is for , i am guessing they COULD use it for all babies working on the just in case scenario, it is all guess work for all of us but £80 for health out there is peanuts . Until we get any hard facts on sales or where sales will be made guess work is all we have be it good or bad .

Guy, i think that where the test is given only to certain babies in this country it may well be given to every baby in Saudi ? as a pre requisite , as £80 is peanuts over there but i feel it may be rolled out sooner there as financing the test there is lessof a worry . but like everything atm it is just guessing.

Guy, i was one of those January childs who thought we would have the news needed for a re rate of the sp , based on the presentation .

From what has been going on in the background i dont think Cheek was lying but i feel he has not been able to deliver on what he had hoped, thus under delivered so far. He is so much a better option than Dudd ever was and he will get there just nowhere as quickly as he wants to , the question now will be will he be able to deliver what i feel he wants to AND keepus going with funding, for me , i dont know.???????.

Hopefully that will be sooner than we all hope for.

Roger is that why you bought 100000 shares about 3-4 weeks ago and was singing how this was going up??????.

We know that the hearing test can be bought by the NHS but it is not a given that they have to and as money in budgets is always shorti am just wondering with the new financial year approaching how many consultants in pediatrics have been trying to work the test into their budgets , maybe none but a thought none the less.

THIS TEST IS APPROVED BY NICE WITH CONDITIONS FOR MORE RESULTS . which means it can be sold with NICE approval but more data is required for FULL APPROVAL which would then mean the NHS has to make it available.

Only profit, not too bad mate , with a bit of patience and a little luck we should be alright, JC seems to be doing ok for me. Hope your other shares get you back in profit soon. PS if my other half knew what i had in here i would probably more than a clip round the ear lol.

System , i am 39p but holding strong.

It seems to me Cheek is asking questions and also for explanations as to why things are nt progressing in the background. He may not be getting the answers he wants but it looks as if he is trying to encourage answers and let it be known what the test can do and who benefits .