Member Info for Carlos996

"BB I disagree. This is a short term hit. Cash is required so the shareholders have to cough up-simple. They are the ones set to gain!"

LTH, can you explain how shareholders that bought in at £1.50 and above are set to gain by this. I don't expect an answer.

LTH doesn't have a clue, just look at his GDR posts over the past 12 months or so. If you disagree with him or give a different opinion he filters you without backing up his view.

Longtermholder doesn't answer questions, he just states that you need to be patient. Well everyone has been and now we're all fleeced!

If you read them to the end, you would usually see the tag line "Great times ahead for all GDR shareholders" but for some reason he's not putting that now!

I think it will be hard to remove him, he makes the ii's money, look how they've chucked him another 6mil, knowing that if the sp gets to 50p, that's 6mil profit. If he was doing that for you, would you want him gone. He'll spend the next 2 years coming up with more great products as they are actually pretty good at that and then in 2 years time, he'll tap the ii's for more cash.

GDR is not really in play anywhere given they can't sell. I hope the sales team for future products are aggressive and target driven and produce big sales numbers for GDR.

Sally, that's a big issue for me here. If the only stumbling block in the territories we have approvals was price, then that can be an easy fix, reduce the margin and make some profit. This is why I worry there's more to it and that we don't and may never have the full story here.

I to think that you'll see 51p again Jay, unfortunately I fear for my average given that Budd seems a specialist in failure. I believe I will need to average down but I can't see myself putting anymore funds in this when everything Budd says is literally false.

Sally, I don't think you need to make a decision about what to do tomorrow as the price will probably hover where it is now, give or take a few pence so you've got time to consider your options.

When the CE marks land, there will be a lift in SP but what it will be is anyone's guess as sentiment has took a real hit here.

Stephen, I would also add that since you've viewed my history, you will see that back in December last year and January of this year, I was questioning their sales strategy and saying they needed to land orders and that the ii's would back Budd again at a later date if he needed it due to him looking after them but I apparently had no idea what I was talking about.

Stephen, yes, I hold shares and I am down like many here.

I don't post every day/ week like some as I see the abuse they get when they say there are no sales and another dead line has passed but yet when some say great times ahead and there's secret sales in the back ground or there's a buyout being arranged, they get multiple tick ups.
I'm voicing my opinion as I have seen my investment here dwindle away due to me investing off the back of what the man at the top has been saying. The trouble is, there will be some who invested off the back of what the rampers have said and yes, I agree with others when they say don't invest off the back of what you read on here but unfortunately, some people do.

Look at the abuse that Guy, Jace and others have had when they have said there's been no sales but yet if you say £5 plus next week, you get a pat on the back, that's not right.

I think it will hover around the placing price and then drop slightly if there is news of any kind of delay which they have a track record of.
I'm struggling to see how this will get back to £1 plus in the near or longterm.

He's topped up more than a pay as you go. He should be able to force Budd out with the holding he must now have!

Where have all the regulars gone that have been shouting "Great times ahead for all GDR shareholders" and the like. They are no better than Budd himself.

There's now going to be a fair few holders that are going to need this to have a mcap of 150mil or so just to get back what they put in.
Does anyone see this happening in the next few years given that the amount they are raising would suggest no revenue in the pipeline for some time to come.

It doesn't take vultures to get the price down, the man that heads GDR has done that himself. Are people blind to the actual fact that they have sold nothing.

Clark, yes, the ii's bought knowing they will get a tidy return. Can you tell me how that helps all the holders with averages above £1 or far more.

You can have the best products but there is a pattern of failure when it comes to time lines and sales. Something needs to change with regards to management otherwise the pattern of failure will continue.

Given their communication skills, it wouldn't surprise me if we don't get told when this is received.

Doozy, I would add that I still believe there will be opportunities for them to sell tests, they just need to change their strategy/ price point. Testing will be here for a while yet and if the product is good and the price point is right, someone will chuck them an order.
Start knocking them out at a low margin and build a client base and go from there.

Doozy, why have we sold no tests anywhere despite having a number of approvals.
At the end of the day, they should have made sales somewhere, there's no excuses for selling no tests.