Member Info for Del44

No. Not launched over here and unlikely as it is a small market. Been discussed and certainly regarded as a plus......but nothing beyond that...

If however, you have had a device on sale in Europe for some time....generating sales with a wider feed back of data to add to your initial files for clearance....then all the more importance to build up sales here. If Proxima is already in the market place here....it is far easier to get into USA with that data bundle behind you.....

Parts of our device are a class III.......an interesting read... http://tinyurl.com/l36w6vs

The bid price keeps inching up. 6.95p at the moment. May have to tick up to 7p shortly. I don't subscribe to it been one buyer...just buying/selling flow, or in our case, lack of.....:-))

Probably funding constraints at the moment. Could be in talks with a distributor as we speak. But I would say mainly funding....

Jesus....JL...you just get the position as facts and figures man and then you get it wrong....we have had one trade today...not 3....;-) Can we spike to 10p.....just you watch and see.......of course we can and will.....

And Cellis you are our general secretary for the BB...:-) JL is our facts and figures man..........I am sure we have a few more vacancies to fill..... The pessimistic poster for the week is on a rotational bases and no one can have exclusivity to that....

The trade @ 7.25p is a strange one....I can only buy for 7.40p on the offer for the last few days.....and 6.72p on the bid of late.....so I cant make out if that 7.25p is a bid price or not... Anyone care to guess? In general the MMs never move their prices for some tim and are happy to have a marked spread of around 15% for some reason... Strange one..

Only that hand held devices don't have full FDA approval. But they can still be used and sold. As hand held devices are a competitor of sorts...it was worth noting how many or all are operating in the biggest medical market in the world.

Interesting article....especially regarding the FDA..... It’s important to note that the U.S. Food and Drug Administration (FDA) has not cleared any commercially available handheld blood glucose meter for use in testing capillary whole blood specimens collected from critically ill patients, meaning this practice would be considered off-label regardless of the meter. http://tinyurl.com/kugsfa8

Congratulations!!!

I have just been quoted 7.4p for 100K.....but no more!!

How I would love to be able to purchase that 200K @ below 7.5p.....but alas...not today!!

Whatever they decide....they have got to conclude....that this has got to be the last funding.....cause sales eventually have to kick in or else....not much point...is there?

Well I suppose it depends on how you view it.... As the board you may take the view that the PIs are to out of pocket to bother to support any new funding, in which case you would go this route... Or else you could go for trying to attract new investors and deal with the major institutions already on board......In fairness...they have a history of giving existing sh an involvement.....which has always worked out to be a bad investment so far....

It's not SPHR JL....:-) It's another company....SCLP...read the whole thread...

The Company proposes to raise up to £5.0 million by way of a non-pre-emptive placing of Placing Shares. The Placing Shares will, pursuant to the placing agreement the Company has entered into with Panmure Gordon (the "Placing Agreement"), be placed by Panmure Gordon, as agent for the Company, with existing and new institutional and other professional investors. The Directors had considered whether the Company would be able to extend the offer of Placing Shares to all existing Shareholders but, having discussed this with its professional advisers, decided that the expense of doing so could not be justified and would not be in the best interests of the Company at this time.

Funny...I just noticed that another company similar to ourselves....SCLP...have raised £5 million today by way of a placing...but not to all current shareholders.......they also have the same in house broker as us...:-) " The Placing will be conducted by way of an accelerated bookbuilding process (the "Bookbuild") which will be launched immediately following this announcement in accordance with the Terms and Conditions set out in Appendix II. The Placing Shares are not being made available to the public. It is envisaged that the Bookbuild will be closed no later than 4.30 p.m. London time today, 11 May 2017. Panmure Gordon (UK) Limited ("Panmure Gordon") is acting as Financial Adviser, Nominated Adviser and sole Bookrunner to the Company in relation to the Placing." Could be just coincidental or nothing at all.....

I tend to agree Cellis....but all I have here now is hope....hope that some thing unexpected might get announced some day. Like a major customer getting involved or some body seeing value for another device or even a collaboration with a third party with the technology..... Pure hope, I know!! I hope we poo on Chelsea's party tomorrow tonight....:-)

The resolution 7 was saying along the lines that the company could issue securities without giving PIs first rights on new shares as would be normal under a rights issue....But it could be a formality. Just when I read it ....it looked like we were been set up for other funding possibilities.......but it could be nothing... It would be nice to hear of more take ups and an expansion in manufacturing....along with any new funding..... I still think a run up 8.5p/9p looks on..... But then I would...wouldn't I? Good luck a2b!!