Member Info for GloriaMarket

* In 2020 they made no POC sales

sorry, I meant sales of their covid pellet product !!

""Without sales and at current cash burn rate there will be another placement Q4 or the company will go bust in 2023"
Would you share with us how did you come to this conclusion?"

I believe that the last 2 placements have taken place when GDR have approx 1-2 million left in the bank. They have 6 million now and a burn rate of 0.4 million. It will take them approx 10 months to burn 4 million. These are all approximations. So either Q4 or early 22Q1 they will regretably announce a placement , but only if pi's pay the ii's to buy into that placement. What GDR will not do is wait until 6.3 million has been spend before announcing a new placement. From the comments on here, it appears that some investors do not believe in planning ahead when it comes to paying bills and wages. If you look at the wage bill, and the bonus bill of the BoD in 2020, it should come of no surprise why placements were made in the autumn, otherwise BoD wouldn't have had the cash to award themselves bonuses. And they will award themselves bonuses at the drop of a hat. In 2020 they made no POC sales but gave themselves huge bonuses purely based on the sp performance. So I'm sure they will give themselves huge bonuses if they actually sign sales contracts this year, even if the sales contracts are not enough to keep the lights on, I'm sure the BoD will congratulate themselves and bang on about jam tomorrow and how a Q4 placement is required to propel AHIL into the global market place. GDR's BoD is very predictable. But right now they know they are out of a job next year if they fail to land sales because without sales I doubt ii's will be confident that pi's will pay pay them (the ii's) to fill the share placement. I believe this is why the CFO resigned. He didn't believe GDR can sell and grow.

It's all about sales figures now, the last two years have been a joke. Third time lucky?

Without sales and at current cash burn rate there will be another placement Q4 or the company will go bust in 2023. By placement I mean pi's having to pay alot of money to ii's who buy shares under very favourable conditions. It's like crowd funding but with a very expensive middle-man (ii's),. Possibly crowd-funding is an option for the BoD if sales revenue and/or ii's fail to keep the lights on and the sp out of the gutter.

a stark and realistic rns and the market had priced it in. Well done, mr Budd. Now save your jobs and find those sales contracts.

"some people closed positions today who cant take the risk either way me thinks."

or they are reducing their exposure to risk.

"Hearing aids wow!! Do people even look into there “investment”"

I invested in GDR because I believe Putin is on the war path and will herald the return of the German Democratic Republic aka East Germany and the soviet union. That's the reason for the new level, my comrades.

"Some posts have mentioned about poc device being expensive at £2000, i work for a company that employs 5000 people in this country and I’m sure they would gladly pay that to get a result in minutes rather than next day pcr, its costing the business a fortune in absenteeism"

you need to tell your company about GDR and tell GDR about your company probably being interested in their kit.

" I’m sure they would gladly pay that to get a result in minutes rather than next day pcr, its costing the business a fortune in absenteeism"

The company you work for may want to the spread in the workplace amongst its staff by sending positively tested staff home to reduce absentism?

personally I think the AIHL tests should be very cheap ($10 a test say in line with their POC kit). I fear GDR will again be too greedy and price themselves out of sales. They did that with India last spring and who knows perhaps the POC kit is over-priced too. I suspect they feel the pressure to ask high prices to satisfy the ii's as well as pay their own ridiculously high salaries and bonuses based on zero sales (2020).

I totally agree Mr Roger, huge potential for AIHL if its adopted globally but things like this take time and the price per test is certainly not cheap . Yet, then you can't put a price on preventing deafness. But of course everything has its price and hospitals make difficult decisions every day to the detriment of patients.

I know market makers of CFD's can do this, its in the contract - the value of the CFD does not need to align with the underlying. But we are not dealing with dodgy derivatives here, this IS the underlying - the market ultimately decides the price. Anyone who believes market-makers affect the price needs to inform themselves, they may be able to skew a price ever so slightly (1-2%) and increase the spread but that's it, otherwise they will be out of pocket themselves. There are far too many people on this board who chant "MM's up to their old tricks". I'll be first in line to sell shares to those clowns, but I've sold (unfortuantely not as much profit as I would've liked but profit is always far better than a loss). I'm looking for the next entry moment. I'm concerned that the positive RNS regarding 6 installation of AIHL was not accompanied by the words "sold", as we have seen when GDR sold 400k of simple pcr pellet samples to Beckman. It suggests that AIHL testers were indeed a gift to the hospitals for all their hard work supporting GDR and AIHL product.

"roger this happens to lot shares.. MMS they usually try shaking the weak before new... they will go for stop losses .. no one like to see their investment in RED... MMS will try dropping as far as they can.. the more it drops the more people panic and end up selling and once they collected enough shares then they will move it up... this could be the BOTTOM before Reversal"

Which course in investing says that prices drop very heavily each day due to the will of market makers? I must've missed it.

"Looks like we are going back to square on AGAIN!!! I really expected us to drop 20% Monday but everyday since we have dropping!!!!"

profit-takers and people de-risking after too many tops-up , probably..

good work Mr Abu. thanks for sharing.

good post mr Indomie. In your opinion, how can GDR diversify their investor base?

"It's a great shame that Budd never seems to have anything up his sleeve to keep positive momentum going. "

Mr Budd just needs to ensure sp reaches a new level and step by step , positive RNS by positive RNS, LTHs will get their money back. I think the sp will no longer fall below 20-25p again unless unexpected bad news hits , related to either Putin or GDR.

"The best one I saw was on Twitter saying we would be a £30-50 a share take over target"

Does twitter award prizes for the most ridiculous ramps?

"I sold out first thing Monday morning was happy to make 12.5k for a few days. .. thanks baserite owe you one.."

friends :) :) :) :)

"I just dont understand why the sp has not gone up on the last 2 rns ?"

It went from 16p to 39p on the first RNS about AIHL, regressing due to profit-taking and imo a lack of confidence in the board. Imo few people see GDR as a long term investment due lack of trust and their very poor track record many years. The second RNS showing good results was obviously priced in. If the results had not been good the sp would've plummetted.

"Sorry ....but why is the share price not blue...!!!"

"This is gdr" as they say in africa.