The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Appointed on 30 June 2011- Sales & Marketing Director. Appointed since 2011 and ended up selling Alva to a Chinese company after 2 years of lies !!!! Seems to me there has been some inside deal with Orient gene and King Collin has significant interest in it. If the placing does not go ahead, ODX will be bought by Orient Gene. I can speculate there is high government involvement in that transaction with all the machinery that's being given away. This share will rise 4 fold at least is the the placing fails! ODX need to be sold. Here we have it, a salesman with a track record of 11 years who could not sell a test in a pandemic now CEO!
Directors panicking ! They do not have enough vote to control the placing offer. They thought it was a done deal.
They want you to get rid of your share. Funny there were no speeding tickets when this was dropping to 5p!
VOTE NO.
FOR THOSE EXPECTING LONG TERM GROWTH, THINK ON BELOW AGAIN!
Is their a hidden transfer price arrangement to move ODX profit to Orient Gene, hence the low sale price of Alva?
Is that why the machineries are being handed over as part of some kind of government negotiation?
Are we going to see new related party suppliers / shareholders (guess from where) in Orient Gene or may be invested through wealth managers, hence the high placing transaction fee.
ODX is learning it the hard way !
It was so easy to cash out shareholders money previously.
Now the Directors and employees need to save their job!
VOTE NO TO PLACING! How about putting a sale sign board to the Chinese now! Easy 20-25p with Alva.
ODX is learning it the hard way ! It was so easy to cash out shareholders money previously now the Directors and employees need to save their job! VOTE NO TO PLACING! How about putting a sale sign board to the Chinese now! Easy 20-25p with Alva.
A company that needs about 50% of it's capital raise to finance it's operations through capital dilution is but more signs
of future mismanagement . ODX requires a credible restructuring plan or sell the company (plan b).
The company is worth 20-25p based on existing capital structure if sold. The management is sucking the life this dog company with a dodgy placing deal.
If the placing fails, sale sign will be out. Share price will shoot up!
Sale of Alva @ £1m is probably linked with the 5p shareholding offer made to wealth managers. This thing stinks govt interference against future orders promised to the Chinese. Keep your vote and block the offer. Guess who is going to be the biggest loser if the placing does not go ahead?
Why would existing shareholders take the 5p offer when 100m shares will be issued at 4p? And if VISITECT® COVID-19 Antigen test approval kicks in before the meeting on the 7th of March! Are we going to see a rise?
ODX got possibly trapped in it's thieving plan to pump that share with the approval news when the the placing news leaked too early. The RNS's issued need to be investigated as they seem to be reacting to the mess and blatant lies. Specialist litigation law firms will make a meal out of it once the placing goes ahead and pro bono!
Approval can come over the next few weeks before the shareholder meeting. If you are out , you are stuck and if you are in you'll stick be stuck with the 5p offer coming, which is going to drown any increase. Why take the p offer if 3p is coming before the meeting on the 7th of March .....does not make any sense.
Corrupted to the roots. The next plan is to cash on fresh shareholders money. Who knows the Chinese are the new wealth managers. With this level of dilution, 10p is the new price target 12 months down the line after the offer. ODX will all be about pump and dump. I guess this will go down to 3p-4p after the offer. Paid rampers will show their hands at that time.
I wonder the legality of some of the RNS's ODX issued and how this saga has been orchestrated since last year. I think shareholders should be thinking about pinning down ODX Directors (past and present) on their obligations after the 5p offer goes through!
5p with 100 millions new shares. Does that price ODX at 2.5p at today's worth?
Well orchestrated by a bunch of thieves!
Funny enough ..ODX keeps issuing RNS based on comments made on this Board...there seems to be lot of insider dealing happening here. Seem the core business of ODX is pumping and dumping this share ...it all started with the speeding ticket and this share will be driven to 4-5p for some people hiding behind institutions to load at the right price.
Best call is for Dam Health to buy ODX ! Collin knows that in that forthcoming event he would be asked to go! 20p-30p on the cards easy for it's non-covid portfolio of products! ODX will get snatched in no time if sold tomorrow. Placing or take-over, ODX has a company with WHO approved products to sell and that's not worth 5p short/medium term! Biggest risk here is the corrupt management and they all need to go!
Seems every RNS ODX issued, was orchestrated for shorters to benefit . I guess that's the real business and I can't see this stopping !
Is it time for shareholders to fund a lawsuit or wait and see what happens first!
Who will buy a PSC business model with a sole corrupt bankrupt customer who keeps changing the terms of payment ? Too many machiavellic tricks have been played over the years and yet all the on-going lavish awards goes on ...I hope those ill earned money stays on the conscience of the leavers and their family!
Sooner or later ...this multi faced ponzi will be revealed ....Glad to see the litigation case from Wirecard investors : Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Wirecard AG (OTC: WCAGY, WRCDF) between August 17, 2015 and June 24, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Wirecard investors under the federal securities laws.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.
Pretty clear that GKP is operating like a nationalised company …..it's all one big smoke screen to recycle good money into bad ...only a Fool would promote this wreck...what's next? Nationalised wreck on sale again!
Without Prejudice: How to become rich
1.0 Sign an oil concession agreement with great reserves in a corrupt country .
2.0 Incorporate a company under Bermuda laws to escape accountability
3.0 List the company on the Stock Market and aim to become a FTSE 100 company!
4.0 Pump up it’s attractiveness to investors , huge reserves with gigantic potentials and take a big loan from one of your friends to develop that beast.
5.0 When the share price is high enough , throw in an expensive legal claims that holds back all the hopes for some time and gradually dump the shares.
6.0 Put a sale sign board after the legal battle is over and keep it there until the sign board rots.
7.0 Sell some production capacity hopes
8.0 Do some more pumping like stories of dozens of sellers queuing up to get the prize and some love chinese takeaways.
9.0 When the share price is high enough , dump the share with some law suits kind of excuse like my pet is leaving me.
10.0 Further dump it with some low reserve updates this time due to evaporation.
11.0 Give away some free assets. Dump & Short the share.
12.0 Keep moving the goal post and offer biscuits to new faces.
13.0 Ask your customer to hold back payments so that there is a case to cry wolf when that big loan with a friend is due
14.0 Dilute the shareholders by issuing millions of shares against the loan repayment and wipe the majority of shareholders. Better do it well if the appetite is there .Short the shares and fill your pockets as a double whammy.
15.0 Share price drops from pounds to pennies after this cool restructure . Re-consolidate the shares by reducing the quantity of shares in issue to bring it back to a pound to help attract fresh blood in th elong run at good value.
16.0 Inflate CAPEX , spend and share the gains with your friends.
17.0 Distribute some dividends as a gesture of goodwill to calm the frustration and sell new hopes.
18.0 Keep your mates happy through generous freebies.
19.0 Over all the years route millions of the black stuff on camel’s back
20.0 Keep the show running , pump & dump the share even when the customer is going officially broke and the camels take a break during hard times!