The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
You can see this is the system where they input the results. They're not going to put it into 2 different areas. They are his words, not mine.
I actually thought it was CTEA and maybe I was wrong and they would actually sign a contract with someone. So I mailed them and I got this back.
"The short answer is that this all links into the governments coronavirus systems -
https://log-coronavirus-test-site-results.service.gov.uk/"
Yes, its not been 2 months. I'm weak.
This was from a guy called Chris Kirkland.
Stoke and Staffordshire council have confirmed that they are using the government system to input the results into so I'd imagine that all the other councils would do the same. Nothing to do with CTEA
At rhe current level UOG is still great value for money. A profit making producer. One that will, in time, start producing more. Maybe its not happening as quick as we'd like but nothing has drifted massively. We still have time to get news out on the items that were listed as completing this year. Yes, its getting more likely they may drift into 2021 as the days go on, but its only a month or so delay.
And all what we jave at an average of $28 a barrell. That means H2 will post greater profits.
Oh no, you've uncovered my not at all a secret identity. I never once said I could hack blockchain on either platform so you're making things up in that little head of yours again.
Blockchain is expensive compared to the other options. Its the cpu requirements. So as they're going to run an app on some form of computer then if ones more expensive than another that makes it expensive in comparison.
According to the ctea website. Covid and onsite are different products. It says in the RNS you quoted that NPH have signed up for onsite. Not covid.
Yes, some noddy companies are using CTEAs blockchain offerings from pre covid. Does that mean its not expensive. I dont know how much it costs and neither do you. To say that something can't be expensive because someone has bought it doesn't make sense. If I bought a ferrari tomorrow does that mean theyre not expensive.
I love how you think you've done all this great detective work by finding me on twitter. Im not exactly shy in my criticism of CTEA on there.
I'm not arguing with you anymore over this. Its pointless and is starting to feel petty. Its probably annoying other people on this board.
I'm going away for 2 months now so enjoy another 2 months of no profit being made. Im sire there will be another fluffy update or 2 in that time. Nothing with any numbers in it for CTEA. Just more jam tomorrow.
I'm just sat here, waiting for my apology from you, after you called me a liar DShox. Only for me to prove you wrong.
Why are you putting things in quotes that I haven't even posted?
"Imagine a world where when somebody posts there's "been no commercial sales", "no interest" because "Blockchain's too expensive", one could instantly test its accuracy."
I have never posted "been no commercial sales". If you read my post I said "Still no paying customers for CovID" which is 100% true.
I guess you're right. I can't say for certain that there has been no interest. Maybe someone enquired about CovID and then decided against buying it. I can say that no-one has bought the product though.
The third 'Quote' "Blockchain's too expensive" is another figment of your imagination. I never said that either. Here's what I said
"Blockchain is expensive. That would be my guess to the main reason as to why no-one wants CovID."
I'm not sure what your first paragraph is about
"The most opportune time to highlight the core proposition of Blockchain - it records, in the most secure manner possible, the immutable truth so that all stakeholders can record, trust and transact data and value"
That's not true. It's not the most secure manner possible. Until a blockchain is running at a certain scale, it's actually easier to compromise than a more traditional model.
So, I made one statement, about there being no interest, that I can't verify. The rest is, as you put it. The Immutable truth.
If you want to look at people posting lies. Maybe you want to look below at some statements you've made recently.
"Newcastle Health has bought COV-ID and Guy describes the value in building credibility. An insurance industry company is also using it." Lies. No-one has bought Cov-ID. NPH are trialing Onsite-ID. Not CovID
"but almost every single top rank business is quietly investing into Blockchain". Got any proof of that. I work in tech for a company worth over 5bn. We looked at blockchain and decided it's too costly. It's also slower than traditional infrastructure. It can't do as many transactions per second. I'm sure, being a blockchain expert, you already knew that though.
I'm still waiting for you to point out what I posted that was misinformation Shox.
It must have been someone else on here. My mistake, sorry. Its always followed by "why do you care then?"
I disagree bunsen but I appreciate we don't all have the same opinion and you are willing to have an actual discussion.
As opposed to stegood asking me the same question he asks me each time I post. And show calling me a liar but not being able to back up his statement
Why don't you tell me what is incorrect about my post, Shox? Explain how it's disinformation.
Lets also note then that the SP was 0.4p before CovID came along. So it made the company worth 6 times as much as it was before. There is plently of potential already priced in basing it on there having been no paying customers at the peak of the disease and lockdown that this app was meant to help.
Why are you asking me a question I've answered numeruous times on this board before stegood? So you can call me sad for coming on this board. Go ahead. It doesn't bother me and won't make me upset so that I never come back here. This is a CTEA discussion board open to the public. It's for people to discuss CTEA. It's not a board where you're not allowed to say anything negative or question some blatant lies being posted. As much as it upsets people when anyone dares to have an opinion that doesn't confirm with the mega bagger everyone on here wants to see, I feel it's good to have a balance.
bunsenburner. It doesn't have to be the UK government but it seems from reading the last few days posts that is the main discussion point and where people hope the revenue is coming from. BHA hold all the power in the JV. They make profit if they sell tests and profit if the customer chooses to have CovID bundled in with it. What makes you so sure tas to say it's a certainty that contracts will come. It's been months now and no-one wants CovID still.
So when someone says "you can have this £10 covid test or you can pay £12 and have an app to store tour results. An app that no government or company recognises. I assume there is some sort of subscription to go with it too. Blockchain is expensive. That would be my guess to the main reason as to why no-one wants CovID. This is forgetting that it's useless until large amounts of companies or govs start agreeing to trust it as a source that you don't have covid. Although that result can be invalid the day after if you catch it can't it?
I said I'd leave you people alone for a month and I did. Since then how has the groundbreaking news you were all so made up with worked out. Here's my summary of what I've missed
Still no paying customers for CovID
Afrik-ID is basically extending the trial. So nothing has come of that in 4 months.
Guy has done another interview saying there's lots of interest. Just like the one he did 5 months ago. The first interview was clearly a lie as not one single contract came for CovID. You've all bought back in though. He's telling the truth this time clearly.
You all talk about big contracts for millions of tests but CTEA only get 50/50 split of the profits if CovID goes with it. The government already have a track and trace app so this won't happen. Which means any mass test sales will be 100% profit in BHA back pocket.
"The complete solution" gets thrown around lots. What tie does the app have to the tests? The answer is none. Someone could buy all the tests from BHA (£0 revenue to CTEA) and use another app to record the results. There is nothing that links them. Whatever CovID does with the BHA tests can be done with anyone elses app.
As lewy has also summarised his opinion, do you expect not to hear from him again either?