Member Info for Computer909

"Value excluding covid is in the 40s."

Well we have to deduce that pre-covid the Donkey thought that he could at least bull**** his way to getting the SP to 30p (otherwise he wouldn't have accepted the 30p performance target on the EMI options scheme), but since then the game has changed for ODX drastically, the company revenue is still massively below pre-covid levels, and the expenditure has to be massively above. Also we know that the Emperor Bull****ter Kieron walked away from this years options, so the one with all the figures in front of him probably knew they were worthless.

The value without covid, based on their lower than expected take up in china, and the delay in any CD4 orders, has to be below their pre-covid level, they have pi ssed £11M against the wall after all (plus £2.5M from the DHSC), have no sales to speak of, have failed to meet any targets set for them, and just basically look like a useless bunch.

Realistically without any covid approvals and sales then we will be lucky to hold 10-15p (which i never ever thought i would be saying).

If we have to raise cash in H1 2022 it is likely to be at around the 10p mark (and even at that based on sentiment i think they will struggle to fill the need)

I don't see that if we do hit 10p then Donkey can stay in place, his position is currently propped up by the "we have increased the SP since pre-covid), if we hit 10p then that argument will dry up and he has nothing to support his position and he will have to go, going down as the biggest failure in AIM history, a CEO who signed a £374M government contract in the hight of a pandemic, and lost money on it.

He wont go without being pushed though, where the hell is he going to go with this shi tshow on his CV ?

"OdX in Dubai"

Something about selling water in a desert, or was it selling LFTs in a pandemic ?

"6 months ago, silence was interpreted by many on here to mean they were on the cusp of announcing something terribly big"

Also 6 months ago, i think no one would realistically have stated "could be another 30% vs potentially 75% up lift ( maybe ) to 25p on approval news before contracts"

But yet the CEO, the Commercial Director and Regulator Affairs Director are still in jobs, still taking their inflated salaries, and still remaining silent.

"Least directors can do is buy now to settle the nerves"

Don't hold you breath for any of those sycophants to invest a single penny, they have used the PI frenzy over covid investment opportunities to feather their nests, and don't understand the supposedly trusting relationship between company officials and investors, they purely see shareholders as a source of revenue they can suck dry whenever they need to.

Unfortunately like an over excited vampire child, Donkey king has probably sucked all the life from the pool of PI's and will struggle to get a placing away at anywhere near an acceptable discount. He probably knows that, and hence the indication they would use the overdraft as a short term solution, but without a turn around in revenue that is always going to be short term.

These people shouldn't be allowed to run public companies.

#NoPlacingWithThisBoD

The Donkey King CEO job description.

Take your pick from ..... https://thesaurus.yourdictionary.com/do-nothing

"Don't know how Colin can just sit and watch the business burn to the ground around him"

A £200K salary for sitting in an office overlooking the mountains, doing nothing but watching clips on TickTok, thats how !

"either gov are buying and stockpiling or else they are stopping the issue of free tests?"

We already know from the press that the government have increased their stockpile in January by an additional 400M LFT,

Perhaps Donkey is keeping his head down because he was seen partying with Boris in No10, clutching a bottle of Buckfast.

Just had an update from Donkey

He would like to contact the regulator and chase the ODX approval, but doesn’t have any credit left on his PAYG phone

We are just weeks away from the anniversary of the trading update when donkey hid the shambolic trading performance of the company behind signing a worthless contract with the DHSC.

I wonder if we will get another classic trading update early in February, that is if the last person out hasn't turned the lights out by then that is. That last person out will defo be donkey, he will only leave kicking and screaming. I can hear him now, "i'm being made a scapegoat", no donkey you have been shockingly awful.

"could it be ODX have stock and are just waiting for approval."

Did you see the size of the warehouse that Surescreen have had to take on in order to store the 10M tests they have produced?

ODX storage stretches to a small cupboard under donkey's desk !

"the same department that approved a sub standard test have no reason not to approve a high standard one."

A second class stamp and illegible writing on the form, payment in 1p and 2p coins, i suspect donkey has screwed this up once more.

"Colin resigning would be a good start!"

Would anyone actually notice he had gone ?

#DownWithDonkey

"we are still making antigen tests for DAM health. don't forget that."

A £750K order for antigen tests, at an optimistic £2 per test means that that order should have been fulfilled in less that 3 days capacity,

And it appeared, last time I was in the area, to be very busy indeed.

PMSL.... busy busy !

@CaptainSwag : "seems odx had no issue denying any positive rumours

My response to Walbrook when they said the wont comment on rumours ...

"So we shouldn’t rush out and order a Tesla then ?"

My impression is both Walbrook and ODX are running scared over the way they have mislead investors over the last 12 months and now are putting up the shutters on anything they aren't forced to release.

@Cavity: I asked ODX/Walbrook for a response to the ************* article, and this is what i receved, laughable change of attitude since the director sales pump and tesla tweet.

"We cannot provide commentary on rumours. If a Company needs to make a statement it will take advice from its NOMAD and would make any statement via RNS. It's not our place to confirm or deny rumours or speculation.

This is different from before as our experience over the last 12 months is that Investors constantly throw out rumours of placings or future placings in the hope of getting a denial and if they don't they assume a fundraise is happening and then spread misleading information. We've now been advised by a number of NOMADs, in consideration of AIM Regulations / MAR rules, to never provide such commentary on rumours. They have been clear to us that rumours are exactly that, just rumours, and if a Company needs to make a statement it will take advice from its NOMAD and would make any statement via RNS and it's not our place to confirm or deny them."

Nearly a month since AVACTA secured their EU approval, when ODX claim to have submitted at the same time, so where the hell is ours?

I know Donkey took two weeks off quaffing Buckfast over the Christmas, but the rest of the world didn't so where is it?

“The SP today is a pre-covid share price”

Lets not forget that if Donkey does succeed in his obvious wish, for ODX to be able to just forget Covid and return to its pre-Covid mcap, that the useless idiot extracted £11M from the market by adding 27M shares, so a return to pre-Covid value will mean a lower sp.

@Maximillian3: "Hence how they won their contract……"

The big difference is that the Surescreen management know how to run a company and know how to negotiate contracts, their contract was for LFT tests, not "capacity", so realistically they didn't have a care when the DHSC delayed their approvals because of the design of the box, they knew they would get paid anyway, and just produced them placing them in storage.

Omega signed a contract that committed them to provide capacity but had no minimum order, (after the DHSC had shafted them once before !)

The old proverb Fool me one, shame on you, fool me twice shame on me, has to be applied to Omega's managemement.

"Computer909 is not a reliable or credible source. He's a paid boiler-room shill."

The source is Omega's figures themselves.

https://www.omegadx.com/Portals/0/ODX%20Fundraising%20RNS%20%2819_06_20%29.pdf