Member Info for Dingodog1

And also as T Rat stated. Sorry T Rat, i didnt see your prompt response until after i posted :-)

Hi 2seabass, as stoater stated, microtox BT is a breathaliser owned and retained by the user. The user loads the breathaliser with a cartridge which contains the afirmers/aptamers that capture the breath. The breathaliser contains a saline solution that helps moisten the breath for optimum cartridge effectiveness. The user scans the cartridge with the barcode reader function of the health pass app on their smart phone before loading it into the breathaliser. All of the above can be done from the users home.

The user then visits a local venue containing a microtoxBT reader (in time, most public venues such as a supermarket - if it takes off). The contactless reader then receives and analyses the cartridge and sends back a "yay" or "nay" health pass to the app on the smartphone. The app will then grant a 24 hour all clear pass which can be used to gain access to venues upon displaying the app.

GB confirmed that housing the readers in public points of interest (supermarket etc) would be the most cost effective option. There is nothing to stop someone buying their own reader in time.

GB likened the cartridges to a regular consumable such as a razor blade, with a cost akin to a cup of coffee. Cheap enough that the masses could in theory adopt it, especially if there were government/NHS subsidies. The breathaliser would cost around £20/30, although that may have been speculation on here.

The reader would benefit from miniaturisation and economies in time, likened by GB to a DVD player, but the initial cost would be relatively high. £200 has been mentioned on this BB, but again, probably speculation.

Imo it has the potential to be the most accurate, most efficient and most practical end to end solution to help re-open the economy.

Let's hope it passes the trials...

Oh yea, microtox PD for underground detection too (on mass covid detection in your sh1 t for localised outbreaks by postcode etc)

If these devices are widely adopted then DVRG wont have £50m market cap for much longer...

Bottle necks of attendees is already prevalent at football grounds. At the London stadium (west ham) we had a huge bottle neck outside the ground so that the stewards who prove we werent carrying weapons. Each fan had to be metal detector tested before being allowed into the grounds of the venue. Each screening took 20 seconds per person. We still had to queue for an hour or so to progress.

Now, apply that bottle neck to covid testing stations on site where everyone must be kept 2 metres apart until they take a test to prove they dont have covid. It wont work. It will be a logistical nightmare. And you still run the risk of having hundred of infected people joining those bottle necks. Yes, they will fail the test and be turned away (much to their inconvenience) but in the process may have infected others.

The theoretical DVRG offering bypasses all of these issues

Hi Stoater, i make the point that the chip must be "dropped off" prior to gaining the health pass all clear in the first paragraph :-)

The advantage is that anyone who wants to attend the concert needs, in theory, to access one of what could be 10 or 20 local readers (at, say, a supermarket) to receive their all clear health pass.

The advantage of using a reader external to the desired concert is that you turn up with the all clear.

Turning up with uncertainty, only to be turned away at the door, is not practical. It also isnt practical to force all would be attendees into a pen of sorts until they prove the all clear on site as anyone who is proven to have covid on site will have potentially spread it to others during the waiting window/queue.

The advantage of DVRG offering is that one can test at home and acquire the pass at their leisure through the use of what could be thousands of devices (eventually, one day, who knows).

Any other method requires the possible infected to decend upon a venue. This isnt practical, whether the test is quick or not, especially if the numbers in attendence enters the thousands (football games, concerts etc).

The health pass also allows you to arrive at 2.50pm for a 3pm kick off. If you have the all clear then you know the venue will let you in.

Any on site testing probably means turning up an hour or so before kick off and standing in a queue. This isnt practical.

The DVRG offering is theoretical at present, it may not pass the trials and it may not be adopted. But theoretically the offering is more effective than onsite testing which is both time consuming and potentially dangerous given people could turn up not knowing if they have it. Not very practical imo

A number of other rapid testing methods have been highlighted over the past few days. However, i think the true value in our offering is the fact you test in private. You drop the chip off when convenient and then get the 24hr health pass for flashing to gain entry.

A rapid test only speeds up prognosis, it doesnt necessarily aid the real world effectiveness.

Take a night club or concert for example. Hundreds of drunks queueing up to enter the venue. Sticking them in a pen until they take the rapid test is pointless. If someone has covid then they will pass it on whilst waiting to be tested. A 2m social distanced queue wont work. Drink and other factors means people wont play ball, not to mention the length of said queue!

I have a saints season ticket. Each game we are queing 100 deep to access the ground at 2.55pm. Add 2m into that and that is a vast queue, especially at every turnstile, and even then, you might not know if you have it.

DVRG's offering means you find out before you leave the house. Everyone at the ground can be checked a lot quicker and if you dont have a health pass then you dont come in.

It's not perfect. People could always have their unethical mates take it for them if they are all selfish and want to have a night out. But this should be a rarity. Anyone caught doing this should be prosecuted.

We also have the application to other viruses and even cancer. Microtox BT really is going to be amazing, if it works. It is the best complete offering when compared to others out there. The fact it can be used to detect other ailments, including cancer (with the right chip) means its even bigger than just covid, which in itself is massive. We could be a matter of days away from finding out...

I bought into a tiny bitcoin miner in December. Market cap of £40m. ARB was the name. Not so small anymore, but unsustainably big imo. Sold out this week and plunged half the profits in here. Bought my average up a lot, but with the potential we have here i think it is money well spent!

How ARB with approx £20m turnover can be valued five times inexcess of ORPH is ridiculous. I see a bright future for ORPH. The spin off companies, in their own right, may end up sizable too. I certainly dont intend on cashing in the shares from those companies. NASDAQ values companies at higher levels than LSE. Those spin off companies could do very well indeed!

In a recent interview CF said he hoped we could achieve a 1 billion market cap (dollars) quicker than it took us to grow from "1 to 200 million market cap"

I assume he means £100m to £200m market cap, and not £1m to £200m market cap! I dont think we were ever at £1m, so must be £100m to £200m.

$1b market cap is approx £713m (or approx £1.06 SP)

£100m is approx 14p, with £200m approx 28p. We had a 14p share price (£100m mcap) in September, approx 6 months ago.

So, CF expects us to grow from £200m to £713m in less time than it took to grow from £100m to £200m. We can therefore deduce that CF expects equivalent value of £1.06 per share (3 bag) in less than 6 months.

I say equivalent value as i suspect that the dividend in specie for the non-core assets will be part of this return. However, a dividend in specie wouldnt contribute to our mcap, as a new entity will be spun off. So, if ORPH achieved £713m mcap + the various dividend in specie then the value for us shareholders will be immense!

I would be happy with either eventuality over the next 6 months :-)

A quick calculation shows £830k of delayed trades from the 18th. Someone is keen, and that isnt punt money!

The price hasnt moved too much despite those buys, so presumably a decent chunk of seed investor stock has been shifted. Next week will be interesting.

Coinbase at $77b (approx. £50b). 833x the market cap of MODE. Something to aspire to ;-)

Have a great weekend all

JW is a pretty good stock picker. He works at VOX so he knows his stuff. In the past he has promoted ORPH, ARB, SKIN, PHE and BIDS, many of which in the days before the rise.

He always provides decent insight into the shares he is looking to buy. The criticism by some is the fact he pumps after buying and then possibly sells into the rise. I dont think there is any proof of this, from what i have seen, but some think he knows his followers will blindly buy because he recommends a share, and that he is gone once the herd pushes it up 30/40%.

If you do your own research JW tips can be lucrative

In the interview with proactive CF mentions "UK Inc", which to me refers to the remaining UK business once the various dividends in specie have spun off the other non core assets. I have a feeling he means that ORPH can become £1b mcap, with the various spin offs technically becoming their own assets, and no longer anything to do with ORPH. I may be wrong with this, but it suggests that overally value to ORPH holders today will be far in excess of current value

At present it seems to me that people buying bitcoin are doing so in order to realised massive gains and to then transfer back into fiat currency. This to me suggests bitcoin is presently seen as a commodity to invest in, that will ultimately result in the selling of BTC and the buying of fiat.

MODE is trying to introduce a payment system to help BTC become a currency with which to buy everyday items. This is such an important and crucial step to the future of bitcoin, the ability to actually use it

Anyone who went to ARB over the past few days have done well, but will be looking at a bag at best due to the phenomenal performance of ARB over December/January. The biggest winners in ARB bought in 2020.

MODE was at 57p at one point this week, mid 40's a couple of weeks back. The potential returns percentage wise are great due to the low market cap by comparison. This is what draws people to microcap stocks. Invest in a FTSE 100 and it will take years to double your money. Invest in a microcap and you can 20 bag in a month (and also lose a lot!) :-)

I think it got to about 76ish in January

69 on google :-)

As of 9.40 this morning there are 8 reviews on the android playstore. 4.5 rating due to one review with 1 star (regarding email verification). Can't win them all ;-)

I wonder how many of the reviewers hold MODE shares... :-D

On the board today. There seems to be a lot of posters that know what we have here and the potential of it.

I for one have no intention of selling my holding. I can see a lot of upside with this share, as many can, and the temptation to sell for other shares is low. We are not all the same, however, and as has been mentioned by other posters this morning, some of our sells are probably going to ARB due to the rise there. Good luck to them, but just remember that MODE's day in the sun is yet to come, and the day is dawning :-)

I want to keep myself as far away as possible from ramping/deramping status. I want this board to reflect as many varried views as possible, i just hope that they are fair in either direction. GLA holders

I wasnt aware of that golf. Thanks for the clarification. I understood we were the cheapest, at least compared to a lot of other apps. But if binance is that much cheaper perhaps we wont win as many traders, who naturally will use the cheapest trading platform

I would also add, you can only use the merchant arm of the business by depositing BTC into MODE (either a transfer or a deposit). So, we would stand to earn from the transfer/deposit and also whatever fees we earn from using us to spend that BTC (mostly from the merchant, but again, at a much more competitive rate than mastercard).

Potential is huge. Early adopters of MODE shares should stand to benefit significantly. But it will take time. Many have mentioned a takeover. Very possible. Due to the potential here any takeover will be for a lot of money. All imo

Very true upside. My example was based on a fixed value, but true, the reality of a growth in BTC price means buying for £1k and selling for £4k. We get £50 from that (£10 + £40). We also stand to receive a lower transaction fee if the price falls, ie, buy for £1k, see for £500, we get £15 (£10 + £5).

So, the higher the price the better, but whichever way the price moves we still make money.

JR mentioned an expectation of millions of users over the next 3 years or so. That would see revenue of many many millions, possibly hundreds of millions if you consider that each user wont just buy. Many will trade, and regularly. We offer the cheapest trading platform, so PI's that fancy themselves as BTC traders will love us. The more the merrier. Based on the above, if 1 million users trade in and then trade out then we would receive £15m to £50m, assuming each user only trades in/out once. Many will do it a lot.

The merchant arm will also bring in significant revenues, but i am not sure of our returns on this.

The potential here is massive. We just need users. The next challenge, but based on the android downloads alone we are growing nicely! All imo

Very true. ARB is a miner. They live and die on the price of BTC. The higher the better.

MODE lives and dies on transactions. Volatility is our friend. If BTC goes up, great. If it comes down, also great. People will buy and sell and that makes MODE money. We get 0.99% of any transaction. Buy £1k, we get £10. Sell £1k, we get £10. The underlying price of BTC doesnt directly effect MODE, but the sentiment of BTC, either up or down, generates volumes of transactions which benefits MODE.

See MODE as similar to hargreaves lansdown with trading fees. They dont care if you make money or lose money, they still make money as you enter and exit.