Member Info for GizmoSam

Notaflipper. You are the best. Thanks for putting things in perspective.

I believe that NIPT got the IP, so it should still be in a locked vault in the labrythine YGEN complex😁. Sandeep Gulati (bless his cotton underpants) is now head of and founder of ZyoMe Corp. He is still showing on LinkedIn.

Yes, I saw that. Even less machine time needed, once installed to do the 500 a day😟😟 But this was just a quick vent out of frustration

Yourgene was a blessing after the debacle of VIY, so i do not have an axe to grind. But years of hype and hold ups alike have left us here, today. My b/e is about 15-16p, and today the SP is between 8 & 10p on a regular basis. In the early days there was talk of 50p and then 24p. Now that the company hasn't got the problems or the hype, this 9p SP could be the real value. Looking at the company, Bloomberg say they employees 91. So let's say 10 that control the company, 25 that do the technical and the remainder, 46, that do normal business roles. Operationally, in the last half year report it is stated that they did 38,000 tests. Let's say that annually they are doing 120,000 annnually now that the trouble of illumina has stopped. That's 10k a month, 2.5 a week, 500 a day. Each machine does 12. I guess here. Let's say 30mins per machine test. That's 4 machines worth. Then 25 people to do analytics, report writing etc, then a bunch of folk (46) to pack and distribute. All this seems a bit overblown to me, unless they are expecting big numbers in the near future. Which has been the constant cry (very faintly) of jam tomorrow The men behind all this are almost invisible. Investors get morsels, the CEO and CIO are not communicating, which is part of their job description. Other investors are trying to piece together what is going on. Thanks to them for what they have done. I am still none the wiser So, I am hoping this business, which seems to have customers and a product and loads of people and may now be either a going concern or a M&A or a takeover, is being consistently brought to a point where it is valued at 9p a share, and the only way I will see a return is by waiting years for it to grow or merge. This is my view based on what I have experienced over time, and with some frustration and a dollop of what I think is some reality. Please feel free to pick it to shreds

Am I right in remembering that this was changed from Vialogy to NIPT and the SP for that defunct company was 9p? Here we are 2 years further on and the SP is at or around 9p. During this time we have gone global, invested and grown, dealt with patent infringements and are about to actually turn a profit in an immensely competitive industry...... Am I mad or is this Aim

Their website has gone (for me, anyway). Anyone know what the new one is called??

Went into nipt share price screen on my mobile this afternoon and it was registering 23.108 as the current price, which is a shame as it is a Sunday. I guess whoever looks after this site has a vested interest. Managed to take a screenshot for prosperity.

Ok. I have been around since Vialogy. I have seen the SP drop wildly on a few hundred shares being transacted. I have seen the struggle to put on .1 of a penny at times, but I am pretty bewildered by the SP dropping on 1mill, 3 mill, 4mill transactions. I don’t get why so many are sells on quite good news. Even if Illumina still hold us back surely the price needs to move a but on these volumes. Is this mates filling their boots or what? Answers on a simple postcard please!!

Just saw nipt is to be offered in Wales. I wonder who gets the contract! Illumina - litigation ongoing Premaitha - may be a deal struck with illumina My observation only

I read this summing up, and though i know very little about law, i was taken aback by the descriptions of the Premaitha BODs scant due diligence, obfuscations, and prolonging the agony for so many investors, with an intent, as the judge expressed, to keep the money rolling in from people investing. As far as i can see the only good thing to have come from this, and it wasn't any plan of the BODs, has been to create toe holds around the world. However these opportunities do not seemed to have taken off yet I think the BOD has lost any credibility and should be got rid of asap. If we get some decent business people who can see the potential, rebuild trust in the brand, (which i fear may be badly tarnished by Monday) we might have a chance to do something I don't know if TF knew this was going on or cares, but it puts them in a difficult position. They have put a lot of dosh our way and may feel they have been sh*t upon. If i were them i would be asking the BOD to hurry up out of the door. I only invested money i was ok to lose. My heart goes out to folk who believed the BOD and put in more than ought to have done.

I was thinking after reading the RNS that Illumina has unintentionally helped Prem. It has been a painful slide for many of us, especially folk that bailed with a loss... but through Illuminas actions Prem has had to turn from a comany who's focus was on the UK and the NHS into a global player in the space of 18 months. If the SP does respond now it will be because Prem has a solid Worldwide future as an NIPT provider. Aimho

An excellent post notaflipper! This gave me a lot of really useful information, as opposed to speculation. I have seen my investment fall and although i have averaged down a bit the SP performance over the years has been dismal. Lets hope it all comes right by April and i can get stung by the taxman for next year