Member Info for FrankyS1971

I don't disagree StockSaint. As called correctly the dial hasn't moved on Sales (an extra 6K) you couldn't write it. Without blowing my trumpet back in 2021 I said this would take 4/5 years and I'm spot on. I have banged on since then that the long term needs of the business and the short term funding in place was the issue which is why I sold at a loss i might add. thank god i did. Roll on a year and what are we expecting?? There won't be any real sales still. they don't even know what the regulatory process with the FDA even looks like! Yet alone moving the needle there. NICE data collection will take another year as well. The only thing that matters is breakeven and I think the board should take equity as payment and minimal cash. They should behave like entrepreneurs do with their own businesses pre commercialisation. Instead they expect full pay and so I cannot and will not believe a goddam word they say until they are fully vested. That won't happen which is why S/hs should revolt and force a sale. You'd likely get 10-12p.

Can you not read Jimi???There is going to be a raise from existing shareholders its there in B&W

Sorry to rant but why don t the board take Zero salary like entrpreneurs and take equity instead....riddle me that. Answer. They want you to pay their salaries like total mugs. F/O to them.

They will allow drawdowns but it ll be on such pernicious terms that current SHs are just seeing any ROI evaporate. RF will own a huge chunk of GDR by end.

Systemzero you are persistently deluding yourself and i don t know why. A refusal to accept what is in front of your eyes.

Shareholders must simply say no. I promise you this on my heart. You will put more cash in and they will spend that money on livelihoods aka salaries and you ll be in the same boat regardless in 12-18months. Force this business to be sold. Its the best thing for it and what it needs. How a new CEO can claim the money is for R@D is horsesht. Stick with what ia in flight don t spaff more on development. I actually think its a brazen lie. The money is to pay themselves. Well just say No.

Of 76 remaining staff, 11 are "open to new work" including the Chief People Officer and also a bunch of case handlers. This is pretty much a double underscore of the Titanic heavily listing and most rafts are now deployed. Even the Violinists have fckd off:-))

Such painful reading. The Devote funding is not a lump sum that gets handed over and its not used for operationally running the business you absolute fool.

Logic suggests that RF and Management have an agreement for news to stay under lock and key so that RF can accumulate more of the business. Management likely have some held for them on trust by RF. If it was any other way, the management would be saying anything positive to help prop the SP up. Silence says it all. Should land a nice fat subpeona at RF H/O demanidn details of all off record deals with GDR mgt team.

The only question everyone is focused on is sales. This is the WRONG question to ask as we can assume very safely that there is either little or no revenue for the forseeable. What to ask is what the limit of Equity for Debt with RiverFort is. Is it capped? At what point is the full investment realised? Until RF have put the full amount in, the equity price will fall. In this way RF lend the same amount but get the largest possible stake in GDR. If it is capped and on good news this will then give them a handsome return. Your equity is being given to RF to fund the business and I don't see this changing unless the business use Debt Financing. Very hard currently. You better hope you don't get diluted further. SHs are not going to end up in a happy place as there is 18 months+ more of this based on NICE test data range. Thereafter the numbers will really lift off . Still a long term and risky bet.

Got tipped Anghami by a mate in Dubai last week. Didn ttl touch it and its Gone.from .91 to over 3.0 in 2 days🤮. Clon needs something like that..it does seemingly happen!!-))

I said at least 18 months ago, why buy the company at that time and why indeed now. The short term funding has never matched the long term needs of the business, so at some point the business will be worth nothing not 8m amd not 15m. If you want to buy the business wait until it runs out of cash. There s no debt so very sellable but i d rather wait until any value has evaporated. You ll see some buyers then. What value unproven IP with not one contract signed?? Its not 8m.

What they know is that you can t buy in a closed period you dummy😄

My expectation is that when news lands it will be broadly positive but i rather suspect it will state more months of retests, tweaks and optimisation. I find it unlikely that it ll be a case of 'yup its all perfect and off we go to bolivia to build full scale' I m thinking it ll be up to 12 months of rework but in right direction. I m not looking to trade and want to hold my 11k for 3-4 years. I think this is going to be far beyond a microstock by then.

I'm not sure if i missed that or read it and forgot LS88!!! what an amateur haha! It did say there was material risk blah blah and didn't seem as clearcut as you make it. I guess if i was genuinely worried i d have sold!;-)

Agree Steward..worth a punt. My concern is more with NextChem and their finances! Hopefully it all comes together,

Just checked and I have 10.8K in this...I do wish it was more like 40-50K!!! Still my 10.8 could be worth 100K + over the next 2 years if business goes the right way. Even then it would still have a very low Mcap given the potential!!

Its like watching a slow motion car crash and is morbidly fascinating. Also good practice in exercising ones judgenent and seeing it play out.

What a nut job. 1. The cash wasnt generated by sales it was raised. "Generating Income" seems to be confused with Devote funding. This isnt income this is funding to support the bsuiness case that in time if proven will provide income. 3. Gdr shareprice has fallen so low that it has technically breached its covenenants with RF who can now refuse any further drawdowns. It is extremely tenuous and parlous as an investment and Roger has identified a clear issue that there are other AI plays out there and the first mover advantage GDR enjoyed is getting whittled away at. There is a window of opportunity but the new CEO is shackled to the deal of his predecessor and he needs to communicate something very soon or you ll get below 5p fast.

You re all mad. Are you all conspiracy theorists as well??