The realistic answers to questions from the pumpers..4 Dec 2022 18:26
"Odx - Pioneers and World leaders in food sensitivity testing"
- They "think" they are.
" With £6.5m in cash to fund an aggressive in crease in revenue growth."
- "aggressive in crease in revenue growth." which will be running at a loss for the next two years.
"No need to worry about funding now and their partner just signed a 3 year contract with Dubai Health Authority"
- Totally misleading claim, the company has not and probably won't release any financial information regarding this so they might get 50k from this deal and nothing more, maybe less, maybe more but the point is, you're using it as a leverage tool to pray on weaker investors to lure them in. Very deceitful.
"Their partner in China just ordered again."
- Not according to the market as ODX once again fails to let its shareholders / potential investors about ANY sales to date. This would certainly help the SP try and rise if they did but they would rather buy their own shares low on news they know, then sell out for 6 figure sums on news they know, without telling the market. The BoD shafted you all once before, and with their measly £10k buy ins recently they will do it again as still, not a single sales RNS but they are aware of sales.
"Soon to be entering the largest market in world American. World leaders in this field will do well in a growing multi billion pound industry."
- Big words for a company which couldn't sell a single test in a pandemic.
"Further Royalty payment of upto £1m "
- Key word being "upto". According to the RNS, ODX left the door wide open on this rather then setting straight terms, its "upto" another major failing at securing income by the BoD.
"Government dispute now to be resolved through mediation sounds more than good."
- It sounds good???? You really need to brush up on your business formalities, they have said for many months now they are "confident that we will not have to pay ANY of the £2m back on advice from their legal team" but are now entering mediation with them. Why on earth would you enter mediation if you were that "confident" that you wasn't going to pay a penny.
"Target price been set by directors for 12p or above for 90 days. Sounds even better at this price."
Another silly claim, another very quick attempt by ODX to lure in some cash and this is why you pumpers just use this. 12p is 100% unachievable short term sadly as we said all along. Proved like a wet trout across the face when the £4m RNS landed (now priced into the sp) and all the pumping team started humping each other like jack russells on heat and it couldn't break 4p due to the bucket shop flippers selling out from another con by the BoD, the failed placing.
There are millions upon millions upon millions of shares to be sold at 4p, and then forward options to go on top of that also. I believe the share price has had now two attempts at going over 4p, and has failed spectacularly both times due to the flippers selling out.