Member Info for Crooty

"Cant beat solid statements , the markets dont lie."

Neither does the share price chart!

"Once it’s profitable it could move up on to the main market."

Your imagination is on a different level.! GDR on the cuss of bankruptcy and here you are talking about a full listing!!!!!!!!

"Summing up Genedrive's interim results, the company delivered solid revenue growth, narrowed its operating loss significantly, and achieved material operational progress for its lead assets MT-RNR1 and CYP2C19. "

Agreed stocksaint.

How a company trading for 11 years can say sales went from 20,000k to 200,000k and calling that SOLID is beyond me. A penny pusher on Brighton pier arcade probably generates more....

Stock,

"Crooty, Northern Rock used to offer mortgages like that before they went bust. You never know"

Its completely different though. If you get your house reposessed, then the bank has the house, if GDR goes bang then there is no assists of value left.

"My guess is they'll raise £5m, plus they still have an additional £1.5m from RF so that would keep them going for a decent amount of time and include enough for the FDA deal. Hopefully good news comes before they agree a raise, personally I think it will."

LOL - HOW THE HELL DO YOU RAISE 130% OF THE CURRENT MARKET CAP? What drugs have you been smoking Jimi?

It's like asking for a 130% remortgage on your house when your bank knows you are about to go bankrupt.

You couldn't make it up

"Crooty, RF was not the only option at 30p. They said in the RNS there were other options. My opinion is they probably didn't realise the negative effect the RF deal would have over time."

Rubbish...... Look at the RNS - its clearly detailed there. They LOOKED at other options . They did not HAVE other options. It clearly states in the RNS that they took the only option available at the time. Just to be clear, that was from the CEO of the company at the time.

"Could be a turnaround story"

Who knows - perhaps by 2040 sales could reach 6 figures......

"3.81m market cap.

I think when the results sink in the smart money will realise the market don’t reflect the products and potential and this could be a case when suitors looking to buy it on the cheap start mopping up cheap shares.

I could be wrong but averaging is smart at these levels especially as finance arrangements haven’t been stated and could already be in place with other means than dilution"

Jam,

Please explain how on earth they are going to raise without affecting dilution!!!!?!!!

GDR is on its knees and I'd be VERY surprised that they will be able to raise anything at all of significant value.

To me RF is the only option still. RF WAS the only option at 30p so its pretty much nailed on that RF is the ONLY option when the share price has tanked 90% to 3p since the start of the RF

"Strange that the US distributor wasn't announced like the European/ME ones were. My guess is Peel told them not to disclose it yet knowing that it would've sent the share price up."

LOL -just spat my tea out laughing !!!!

You guys have such wild imagination its actually scary

"This must be the first positive results RNS in years."

PMSL... What drugs are you on pal?

Sales of 240k AFTER generating sales in France, Austria, Greece, Saudi Arabia, Turkey and the Netherlands PLUS the Brighton hospital.

"Hi Jimi,

You are right !!

The following is taken from the RNS 31 Mar 2023 18:32

RNS Number : 0323V

''The Directors have assessed a number of financing options for the Company including an equity raise but believe that the Facility is the best option available to the Company at the present time in order to further fund the Company's progress while also taking consideration of the investor shareholder base. Further, the Directors believe that a combination of the possibility of positive future news flow around the Company's two main assays as well as the potential for reasonable levels of liquidity in the Company's ordinary shares make the Facility the most attractive form of financing for the Company at the current time. ''

The TROLL 'GROUP' are out in Force - LOL"

ROLMFAO, what other offers? It only said they only assessed options - never once mentioned that it had options. Like Roger said, the other "offers" must have been so bad that they choose the death spiral financing instead. Best option at the time, probably meant they didn't actually meet any of the criteria for funding.

There is a reason why RF is called last chance financing....!!!!!

"All looking good...JC getting things sorted ,expecting another good presentation...jumping the gun a bit i know....but I,m optimistic..!!..."

Looking good as in the chart and the CFO coming out saying that without significant funding GDR is no longer a going concern and with weekly sales of £1000? (A swimming pool vending machine takes more)

That type of looking good?

"Crooty...💤💤💤💤💤💤💤💤💤"

I'd be more inclined to say people will be lot more bored of your drivel than mine. You talk complete and utter rubbish and you know it. I'm half inclined to think that you are actually a clever professional person pretending to be "stupid"

"..RNS....THOUGHT SO...!!"

You mean the one to say that they are having a presentation? I thought you meant a real RNS.

PMSL

"Expecting RNS at 7 in 45mins...?"

Regarding what? A 100p all-share take over perhaps? Or a $10billion partnership deal?

Weren't you saying this would be 40p by April just a few weeks ago?

System you really need to GROW UP with your constant drivel. You cannot possibly believe the utter nonsense you speak ? Surely, you HAVE to be on the wind up. No one can possibly be that naive. If not, then you literally are the reason the city has the label DUMB MONEY for certain "investors".

This board is full of complete and utter fantasists spouting utter shyte....

"They went with the RF deal because it appeared to be the best for the share price, they believer there would be enough positive news to keep the share price high… avoiding the death spiral effect. They had traditional placing deals on the table too, but chose that. Initially it did seem to be a good deal. But with all the NICE delays the share price slid under 16p and then further causing much more dilution than there would have been."

UTTER NONSENSE. Even Budd said that was THE only option at the time. Its CLEARLY in the RNS. There was no traditional deals on the table and you know it....

Nissan,

on this occasion I believe you are not talking tripe with your statement:

"The share price probably would triple if RF were removed with a huge backer for Genedrive."

Thats just it though. None of the big boy Pharma or ANY of the financial Institutions were interested and thats why they had to resort to death spiral financing. Yet all you people on here think you know different. Only a few weeks ago you yourself were saying it would be 30-40p by April. DO you think you are wiser than the city financiers and that thy have all missed a trick?

FOMO Friday - lol - you have seen the chart over the last year right? Fear of missing out on what exactly????

I'm currently in Vegas and there are so many posters on here that are the type of people that would put $1000 into a slot and cash out $200 and go "I've Won, I've Won!"

Today is highly likely a suckers rally. MM's running up the offer for forward selling stock. Kids and candy and all that.....

Yeah, not a great divvy. The Government share table is so disheartening how much is taken from the top.....

"News today...??...another steady day ? ...looking all good at the moment ..JC starting to push RF out...imho.."

What absolute utter nonsense and tripe you continually talk. How on earth you can say its looking good is just pure lies. You know damn well its son its knees and in BIG financial trouble. GROW UP