Member Info for Flashy500

But he's got a backgroung in the poultry business . . . ahhahahahh! Couldn't make it up!

This is already a shambles. Colin a rabbit in the headlights. Basically admitted the DHSC not happening now. Trying to promote CD4 and downplay covid opportunity - not good.

This is what she tweeted earlier:
"Absolutely devastating. Shocked to the core. Will go to the FCA. They have withheld material information on the government contract. Continued to insist they were engaged with approved providers. If it's any comfort, am pretty much ruined."
I hope she's OK - we had a few arguments over the last few months but I don't wish a loss on anyone, having been there myself before.
But it is Colin K and Wallbrook who have some explaining to do - as far as I am concerned we have been mislead several times over the last year.

I know where he can stick 'em! Might put some spark into his presentation tonight!

Twatcher - I'd like to buy you a pint!
As to this: "Also, when did ODX learn the contract had expired ?" - Exactly! I think to claim that that doesn't need an RNS is beyond delusional to the point of fraud.

Thansk Jaf. My av was 63p after initial investments in the 30s and 50s. Got spiked on Sky News and a second time on misinterpreting a BID stat update.
I took some out on Monday but think there are safer places than ODX right now. Might come in tomorrow depending on what Colin says, but I have to say I don't trust him - I don't think he is honest in his communications as his tweets have been very dubious when looking at them in today's light. (And they've cost me dearly). Cheers

Jaf - are you in or out now - are you holding some to see what happens or have you left? I took some out on Monday but not committing it back to ODX just yet.

Jaf - I fully agree with that! ODX's tweets kept me in here this year. And to think last year I nearly put everything into Lloyds Bank - which effectively has doubled in the time of a pandemic whereas a LFT manufacturer can't even make a profit! Utterly ridiculous.

Has anyone heard from BigJock today? I hope he's OK as I got the feeling he was considerably under water on this . . .

How would people feel to actually forming a SH Action Group to hold these Directors to account more? From my point of view, it is obvious now that their Twitter activity has been, if not fraudulent, than extremely close to it. (I've been saying this for months but some of the rampers keep deleting my message - however now the proof is before us).
This would also necessitate a change of the old guard at ODX - so Wallbrook gone, Finncap too, as neither of these have been helpful.

Here's what Colin needs to focus on tonight, in my opinion:
1. He needs to accept ODX have made severe mistakes.
2. He needs, frankly, to admit their PR campaign and communication to share holders has been awful - I mean when did he find out that the DHSC had cancelled the contract after phase 1? What was that not RNSd months ago? To say that's not relevant is utterly absurd.
3. Wallbrook need to go.
4. Finncap need changing.
5. A reduction in his salary and those of his directors would be a good thing to see - doubt it will happen.
6. He's got to start displaying more than 'wishful thinking' on his messaging about authorisation. They need to be far more proactive.

A mantra of mine is never buy in the first 15 mins of trading after news such as this - you don't know where it's going to settle. I don't think I will buy back in today until I've seen what the dumpling king has to say this afternoon. I think, and I have thought for a long time, that the DHSC contract was a non-starter. I actually think we'll see a better few months ahead now with DAM and with authorisation finally given. On the other hand, I think testing in the UK will be close to zero by April next year unless we have another negative mutation. So I took some ut on Monday, but think I'll wait to see how the land lies after Colin speaks up. There is also in my mind a bigger worry that hsi communications have been so inept as to be essentially fraudulent. This needs to be addressed above anything else.

Blu - the worse thing is that if he did catch Covid he's sitting on a mountain of tests he's not allowed to use!!!!!!

That's a good move TraderB. Fingers crossed for tomorrow and the months ahead.

Hi Tricky. Good move getting in at that price - I sold down a bit on Monday and I'm holding off until I read the RNS tomorrow morning.
You say: "So tomorrow we should find out how we're doing with our ENB, UKCTA FDA approvals."
I don't think ODX will have anything to say on that to be honest as it's out of their hands isn't it? They don't get updates on their kits going through testing, so it's more likely (as I understand it) to be "still waiting" from Colin. (I do think we'll get HUA pretty soon though after DAM's recent Linkedin emails).

I think it will drop without anything 'transformational' being mentioned. And any of those are out of the company's hands. what I think we will see is higher revenues, but lower cash. And we will still be awaiting clearance from various authorities. So pretty much the same as last reports.

The Manc: "as it will show how the company made millions profit "
The accounts tomorrow will almost certainly not show that I'm afraid - we have had no 'significant orders' RNSd in the period these accounts cover. If they do, then Colin has played a very dishonest game with us shareholders by not informing us of these orders. I have made my prediction for the accounts yesterday: higher revenues (perhaps 80% higher on last year), but cash levels probably lower due to stockpiling product that has yet to be sold.

I would say 200% very measured reasonable gap up if Omega gets the go-ahead for £374m.
- It's not going to work like that - we won't ever get a 'here's the whole contract for £374m' RNS. It will be done piecemeal, with the DHSC ordering £10m in 1 month, then renews again the following etc. (If it happens at all!).

So what do I think Thursday will bring in:
For the six months ended 30 Sept.
Revenues up by 80% maybe considerably more, (Surescreen, Govt pre-product payment of £2.5m). (Rev last year for the same period was £3.16m).
Cash balance roughly the same as reported in March this year (£4-5million) - possibly down a bit due to the amount we have tied up in stock.
No movement on anti-body tests (ABDX confirms this), DHSC still talking/advising who to partner with (maybe they teamed us with OG?), CD4 modest progress.
All the good stuff in 'Forward looking statements.'

You've missed out 'imminent!'