Member Info for Dibs61

Looks like it’s in auction now. Another damaging drop in SP this morning.

Lower the SP goes the more dilutive the fundraising is going to be.

Yet ANOTHER utterly pointless RNS which was always going to fail to move the dial.

Not even jam tomorrow. Just the suggestion that some jam ‘could potentially’ be made if xyz happens in about 10 to 15 years.

Wiseys- ahhh a tamper fight back very good. And you are correct of course, it does take time I don’t think anybody is disputing that, so you’re somewhat missing the point if I may say so.

Incidentally where on earth did you get 2 1/2 thousand per month sale target from? I’ve not seem that quoted anywhere? When questioned about sales targets the other day Jon Burrows solemnly declared it would be remiss and irresponsible of him at this stage to start talking about, sales targets.

And as for institutional investors, rubbing their hands with glee, they will have plenty of opportunity to pick up lots of stock in the impending fundraising. ;)

So you think there is a genuine shot at Uranium here and that is what RV is homing in on with his paleochannel research?

If that’s the case perhaps my recent position taken here is well timed…..

The other day I checked out the NHS Lanarkshire page on LinkedIn and, would you believe, they were advertising for a eHealth Digital Transformation Project Manager. Just coincidental given the current WhatsApp issue and the imminent need to report back to the ICO? Obviously there could and will be a number of projects in this area but I guess we’ll find out soon enough. I was going to post the link but I looked again and couldn’t find it. I don’t pay so maybe I’d used up my searches.

And wouldn’t you have thought they would be onto all these things long ago. Market due diligence on the CIRT Test before commercialisation. How will the market react? The people who we want to sell to?

With the PSE Test and the large trial why are they reacting so belatedly?

Was it arrogance? Complacency? Naivety?

In all my years of investing on AIM I’ve seen a lot of c*ck ups. But what I’ve never seen is an act of such self destruction by a BOD, specifically Burrows in less than 24 hours!

He has gone from Hero to Zero in very short order. And, frankly, I’m feeling pretty stupid that I trusted him.

Wow Dug that’s an expansive BOD LOL. I think there’s some Big Pharma that don’t have such a large array of management! Not hard to see where all that shareholder cash is going.

This lot totally believe in putting the Cart firmly before the Horse.

Dug - you’re making some excellent points today and all in all a valued contribution.

Thanks

Dibs

I_B I see yes…. I just checked a dummy sell and goes to NT @ 3k for me.

I am certain it’s a roll over though and 35k worth of sells here def would’ve knocked the bid.

OK the 25k trade 4.05p is my buy. Yes I know it’s a pure binary punt. £1k which I can write off if necessary but the upside (if it were to happen) fwiw is worth the risk imo.

I know the bear points - ie.administration quite possible

The bull points:

Iain Ross - track record in industry redx Pharma etc

Biotech sector showing signs of life?

So much R&D here - all goes to waste?

Praised by unnamed Pharma industry partner

Exosome sector due to grow substantially in coming decade with lots more R&D

We’ll see. I won’t have long to wait

Investor Bill - they are not sells. Just a couple of roll over trades. Probably from one trading account to another. Def not sells.

Private Ryan - funny you should mention the Lanarkshire WhatsApp issue, I’ve been researching it recently. This is the press release from the ICO last August:

https://ico.org.uk/about-the-ico/media-centre/news-and-blogs/2023/08/ico-reprimands-nhs-lanarkshire-for-sharing-patient-data-via-whatsapp/

And these were their recommendations to Lanarkshire. Note the first one in particular. There is only ONE company and one app I am aware of that can meet that recommendation to the letter ;)

Recommendations:

The ICO recommended that NHS Lanarkshire should take action to ensure their compliance with data protection law, including:

Consider implementing a secure clinical image transfer system, as part of NHS Lanarkshire’s exploration regarding the storage of images and videos within a care setting.

Before deploying new apps, consider the risks relating to personal data and include the requirement to assess and mitigate these risks in any approval process.

Ensure explicit communications, instructions or guidance are issued to employees on their data protection responsibilities when new apps are deployed.

Review all organisational policies and procedures relevant to this incident and amend where appropriate.

Ensure all staff are aware of their responsibilities to report personal data breaches internally without delay to the relevant team.

The ICO has asked NHS Lanarkshire to provide an update of actions taken within six months of the reprimand being issued.

The ICO has a revised approach to public sector enforcement, aiming to encourage greater data protection compliance from public authorities to prevent harms before they occur.

Not much stock about this morning. Goes to NT anything above 500 shares and full ask 70p.

Taversham I don’t agree re the sales levels. This is a significant issue of trust and market transparency. They produced a presentation in November - when they would have been in possession of the sales numbers up to and inc October yet showed a CIRT Sales chart only up to the end of June. June which as we all know now was the peak month.

This was disingenuous !dishonest and deceptive.

I regard this as a major issue of trust no matter who might try to dismiss it.

Burrows reputation, on a number of fronts, is now in tatters.

Jon ‘We have the Perfect Storm’Burrows

How ironic his words are now. Yes Jon you have the ‘Perfect Storm’ alright.

also worth noting that the much lauded ‘steve arrivo’ (the messiah with a ‘big job’) is well known to burrows from their ventana days. old mates eh? must’ve been an exhaustive selection progress to land him eh jon?

i must go back and watch yesterday’s meeting again because burrows spent an inordinate amount of time discussing arrivo yesterday. multiple slides. far more than the single hapless cirt sales slide. embarrassing.

i’m no longer confident about cirt test. anyone recall the slide where it showed the sales progression slide for cirt with a space between the early adopters and ‘innovators’ and the mature growth area - the space was called ‘chasm’. my first reaction was wtf …. ‘chasm’!

cambridge dictionary definition: “a very large difference between two opinions or groups of people.”

rigggghhhht……. it rather indicates a lot of reluctance and resistance to take it on you could reasonably say….

now, for balance, i’m more optimistic about the pse test. i think that could and damn well should be a success - in time - in spite of the dodgy hapless management team led by the very slippery mr burrows.

one other thing it never ceases to amaze me the number of executives who struggle with so called ‘technical’ issues at the start of presentations! translated this means they have a very limited grasp of ms powerpoint (usually getting full screeen) and clearly didn’t rehe**** the process before the event! little things you might say but they tell you a lot ;)

Jimi - management can say what they like - we’ve seen plenty evidence if that! but I don’t think they will be in a position to dictate the price to potential investors - they will hold the whip hand, let alone demand a premium.

GMS - yes it’s important to have balance but There are a number of things I am extremely unhappy with management about.

The exclusion of the July to October CIRT test sales numbers on the November presentation when they absolutely had those figures is downright dishonest, disingenuous and deceitful imho. At the time I remember being puzzled why they stopped at June - the peak. Disgraceful.

So in spite of all the potential- undoubted potential- I feel misled as a shareholder and I will not trust a word that comes out of Burrows mouth from hereonin.

Did you notice how quickly Burrows wanted to move on from the single slide on CIRT numbers but then went into a multi slide monologue about the Messiah Arrivo. There was nothing we didn’t know about that guys background by the end. You see I notice all this stuff, all the BS and people like Burrows despite their weasel words treat us like fools.

I will deal in this stock with the utmost caution in future. I will only trade it. Trust has been destroyed.

GIVEMESUNSHINE - all you say is correct and I know you’re trying to say it doesn’t matter.

However, most of us hoped/believed we would see a placing with a SP well north of 35p, perhaps 40/50p wasn’t an unreasonable expectation.

Instead we see a placing likely somewhere in the 15/20p range.

That is not what any of us expected.

At that level there will be substantially more dilution which is damaging to shareholder value and, , with poor sentiment, longer to absorb and churn those shares.

Definitely not a bargain yet at these levels. The cash position is the major issue at present and this has to be resolved.. The market has not found the bottom yet. Too much uncertainty. I can easily see this dropping to 15p and I now think that will be around the level The placing will be at. Don’t be too hasty in jumping in this will take months not weeks to recover properly. I am also far from convinced they will get a deal on the Colo rectal or canine test.