Member Info for Dingodog1

Good point. However, merchants may choose to pass the entire saving onto the customer if it allows them to undercut a non-mode using rival. So, no net gain/loss for the merchant, but they will appear cheaper than their rivals and thus potentially win more customers as a result. I see this being beneficial for items that carry a pretty stagnant MSRP across retailers, ie a brand new games console etc where the cost is, say, £500 no matter who you shop with.

The discount suggested in the video doesnt look realistic, especially as we are only talking 1% saving for the merchant

Another view is that customers may opt to use MODE's offering for the simplicity. No more messing around with cards etc. So, a non-mode offering retailer will be seen as too much of an inconvenience to some potential customers, whether they are cheaper or not

The process is very swift. This could be massive.

£10 discount off an item costing £50? If that is the type of discount available through using MODE as the payment option then it wont take long for it to take off! 20% is a fair old discount.

I expect that in reality the discount will be 1% or 2%, still, not to be sniffed at if it is accessible purely by opting to pay through mode! For more expensive items (holidays etc) the MODE discount could be quite substantial

Presumably any lock in period would be to prevent ORPH shareholders crashing the SP to release cash from their newly acquired shares? Would make sense. Anyone who provides funding for the new spin off ventures wouldnt want a load of PI's deciding they weren't interested and jumping ship on day one.

Does anyone have any experience of dividend in species and any lock in period?

Thanks Wallyj! Much appreciated and in great detail as always. I am looking forward to month end and where we are then!

BTC has also stagnated a little. It remains in and around its ATH, but new punters want growth. BTC is the millenial dot com boom. "Become a millionaire over night" etc. Investing a grand today wont make you rich anymore. The time for that was a year ago or so when it was under $7k a coin (has close to 7 bagged since). The potential returns on BTC are still great, but at these lofty levels you need to invest serious money if you want serious returns. BTC of $1m (seen as the ultimate prize/dream) is "only" a 17 bag from today's prices. I can't see $1m anytime soon. If it makes it that far we are talking 5 years or so imo (ARB 17 bagged in 2 months, MODE still can, and much sooner than BTC)

BTC remains volatile, but it hasnt really gone anywhere in 6 weeks. On 20th Feb it was $56k. 6 weeks prior it was $34k. 6 weeks later it is "only" $58k, so it is definitely in a cooling off period.

Most of the early adopters have done very well (like with ARB), but those who have joined the party since the recent booms are left less than impressed.

We know that MODE needs lots of BTC trading to excel at present. I get the feeling that the BTC stagnation may cool down the level of funds being invested on the app.

The merchant arm will be the game changer here and may well see MODE become the new hot stock in the sector, like ARB was

My take on the lack of an update is that user numbers dont necessarily reflect on revenue. Someone could download it and not use it. That probably counts as a "user", at least from the perspective of playstore stats etc.

Supposedly RNS announcements cost money, so perhaps they dont want to churn out monthly user updates and will prefer to let us know over a wider period, say quarterly?

MODE started off with monthly updates, a la ARB, but it makes more sense for ARB as their mined bitcoin directly relates to revenue for the month. MODE saying "10,000 users" is great for app take up, but we cant easily identify revenue extraction.

I am sure we will get a strong update when the merchant arm launches

European countires not in the EU:

Albania, Andorra, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Georgia, Iceland, Kosovo, Liechtenstein, Moldova, Monaco, Montenegro, North Macedonia, Norway, Russia, San Marino, Serbia, Switzerland, Turkey, Ukraine, United Kingdom, Vatican City

Somehow i dont think GB was getting excited about fitting the Pope's toilet with microtox PD!

The UK or Russia would be massive wins. I think the obvious hint is that it is the UK, but the list contains a couple of other gems!

Thanks Chesh, there are certainly crumbs of information which suggest that DVRG may have some involvement.

I also note thay GB has been surprisingly quiet on twitter when it comes to the UK government proposing the use of an app to show a positive test. Usually he is all over these things and retweets articles which could have positive implications for the company.

The fact he has been decidedly quiet surrounding the British governments adoption of such systems may well be due to the NDA's mentioned recently.

This may be wishful thinking on my part, and it may just be a coincidence, but i pressume that if DVRG does have an NDA with the UK gov (or any organisation) then GB wouldn't be able to drop hints via his private twitter. All imo, of course

I saw on the news this morning that the government are looking at providing an app to demonstrate the covid passport.

Surely a positive test would need to be linked to said app via AI? I cant imagine they would allow the user to make such a claim.

No mention of the test type and how this would communicate with the app, but it sounds more and more like deepverge's offering as the days go by

Thanks allthatguff, that sounds right. Not a "surprise", but "pleasantly surprised"

CF has stated the "surprise" and expected release period in one (possibly more) of his interviews in recent months

Results are due "around Easter" based on some earlier interviews. The results are said to contain a surprise. I wonder what?

It was indicated in the recent Q&A's that in order to get the products to the mass market that further partnerships/licensing will need to take place. This makes sense. We cant provide PD/BT to the world with a low rate of manufacture from the UK/oversea offices. We need a big gun to whom we can license our IP, who can then produce units on mass.

I do wonder how much of the pie will return to deepverge. Time (and contracts) will tell, but clearly the sale of a PD unit for, say, £100k would only earn us around 20/30%. Speculation, of course, but the more people we invite to the party, the smaller our slice of cake.

The subsequent sale of the reagents and chips will see a much larger slice of specific income, so the more units installed, the merrier

I wonder whether the ultimate devices will be in the name of microtox/deepverge, or whether the mass manufacturer will insist upon plastering their name all over it? If deepverge/microtox is the ultimate unit name then i see us becoming a massive company in the future (we probably will be anyway! Imo)

March has come and gone. The SP has seen some growth, but less than some were expecting. Let's hope the positive momentum carries into April and beyond

Based on a quick appbrain check we had fallen to 26 (as of this morning).

Still, the app is becoming more and more popular and once the payment service goes live later on THIS quarter then i think the SP will start to rise.

We seem to be too closely linked to BTC at present. If it crashes so do we. If it rises we stagnate. Not great.

When the payment service launches we will start to carve a new revenue stream that wont be dependent on BTC demand per se.

MODE has a lot of potential, but i think it will take time. We need to market the heck out of the app once all the creases have been ironed out and the merchant service goes live

I think the biggest question mark at present is whether the wells will flow commercially. The EWT's are due later this year, which will give us a much better indication. If the wells flow commercially then i would imagine that the SP of RBD will rerate significantly.

For as long as there is uncertainty over the ability to actually extract the oil/gas then i think the market will remain hesitant. There is major potential here, and the on paper numbers look good, but the on paper numbers mean nothing if they cant get a commercial flow.

In addition, i dont think RBD will hold WN through to production. Once the reserves are proven, with a commercial flow rate, then i think we will cash in.

Ive been invested since Feb 2019 as we approached colter (just after the Wick duster). Havent made a decent return yet. Over the next 3 months we should have a much better idea of what we can expect from WN, imo

When it comes to advertising, the cost is very much determined by reach.

Rangers are cheaper as the global coverage (tv etc) is minimal vs a premier league team. The likes of palace, burnley, fulham etc have been televised globally on numerous occasions this season, and so their shirt sponsors are being seen by billions. These clubs have relatively small fan bases vs rangers, but when fans tune in to watch united/liverpool etc they are also watching the ("lesser") opposition

Rangers may have more fans than the aforementions clubs, with a wider global spread, but there is very little interest in the scottish premiership outside of Britain, and more realistically outside of Scotland (rangers fans aside)

Galatasaray are a big team in turkey, and most football fans have heard of them. They even appear in europe, but the global interest in the turkish league is next to nil, and thus the shirt sponsors are "reaching" less potential customers each week vs a premier league team with a much smaller following and footballing stature

I suppose its similar to advertising in a local newspaper vs a national newspaper. You would expect the former to be cheaper as there is a much smaller userbase and thus the reach is limited

I cant see MODE appearing on a football shirt, but it would be great to see them on advertising boards within stadiums. Much cheaper. We will then be matching the likes of etoro, who have been advertising around stadiums in recent seasons

It's awful for kids robort. We had to have our 2 year old tested due to an outbreak at his nursery. Awful experience. Swabbing his tonsils wasnt too difficult as he thought it was a sweet. But the back of the nose was horrendous. The swab tests are not a pleasant experience for hardened adults, but for children, especially todlers/babies, its terrible

The covid-19 pandemic has really driven the scientists and testing companies alike to come up with testing solutions to help track and isolate covid-19 sufferers. The BT is able to help with this, but also help the world continue to function alongside a pandemic.

Not only that, the BT can be applied to all sorts of pathogens, which means that it can been an amazing early stage screening tool.

It also provides the added footprint for the detection of viruses/bacteria in future pandemics. As far as i am aware, a lot of the current testing is using devices that are covid-19 specific. The BT can be tweaked to identify MANY pathogens. Imagine a bird/swine flu outbreak in a given country. All DVRG need to do is be able to detect it on their chips and then manufacture the necessary chips for use. It wouldnt take a year to get to where we are today. The healthpass and BT, allied with PD, really could change the world. If these measures are widely adopted (why wouldnt they be?) then you can forget a DVRG mcap in the millions.

DVRG can change the world for the better. Labskin, microtox and more. What a company to be invested in! Good luck all investors!

Having read the RNS a couple of times, and my take is:

Back in September we had a concept and an early prototype. Now we know BT works through clinical trials. The next step is to gain the required samples to tick the necesary boxes.

This isnt bad news by any stretch, but i feel there were some that wanted £x million in contracts this am. We will get there, i am confident of that

Thanks newuncle. Imagine that. Dropping an MSYS/DVRG device down a man... er... person hole and finding out what diseases and toxins are down there. Amazing. DVRG could be massive!