Member Info for GloriaMarket

"I wish I sold out when they promised something new on website on July 7th week and didn’t deliver anything. "

surely, you wished you'd sold at an early date than 7th july, Mr Nissan?

"One and half month cash left is not one month cash left.."

you are squabbling over a couple of weeks. lol

The spread 0.1p, roughly 10% so no need to squabble about 0.05p. Things are very bad indeed. The best case scenario is a shar dilution of up to 39%.

The delusional industry insiders amongst us may see it as an opportunity, of course. I was going to say its an expensive lesson but for many LTHs (longer than 2 years) that lesson was paid for along time ago and what's left of any original investment may amount to no more than £100.

Gsa Capital Partners Llp still have a short position of 0.46%, since november 2024 (and since 2022!). I wonder how and who they made that short position with. If only PIs could've done the same.... GDR has turned into a cash machine for GSA capital.

"Sitting duck for a takeover." ... after its gone into administration..

"I think Jimi works at the circus. Cheers people up."

Mr Stocksaint, Do you think Mr Jimi is a professional clown?

If a placement can be successfully made @0.28p then I think GDR will have done well , and they deserve big bonuses, just like the good old days.

"Not too good for their CV's, to say the least. Mr Gilham has been the Chairman for years."

Perhaps it would help GDR if he resigned?

"Do you think the placing won't be at least 50% discount???"

the resoltuion states a maximum discount of 39% of sp, obviously not todays sp, but sp on the day they decide the placement.

How many PIs prepared to throw good money after bad?

"Have you contacted anyone or taken any concrete steps? "

I've contacted lots of people and they all say investing in GDR is not without risk. How many times do PIs keep topping up after annual share dilutions before they lose faith in GDR completely and its management?

"You vote for complete loss"

GDR has already ensured many PIs have already lost everything already. I'm thinking of the investor who invested £5k stated he only had £19 left, and that was when the SP was 1.35p!! Presumably that PI has shares worth £8. The only chance GDR has of passing the resolutions is if these types of investors have forgotten about GDR completely and don't bother voting.

"We are on the brink of achievement and with a collective effort, directed towards the right course, we can attain the rewards we have long awaited."

This applied before every fundraise since 2020, when I first invested in GDR. The bottom line is GDR is an inefficiently run company with an unnecessary huge monthly cashburn. The BoD should've taken a huge pay cut years ago, considering how much of the cashburn is directly related to their salaries and bonuses. And now they want more....

". It will be up to the Administrator to get the best value for stakeholders, not Gino."

Relatively speaking this sounds like a good plan. I think administrators would be able to sell the two GDR products to pharma for more than the current market cap of GDR, simply through a auction. No-one would buy GDR now with its current cashburn.

Mr hendrix, clopidogrel is barely more effective that aspirin, if at all..

https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(25)01562-4/abstract

"You have to be totally mad to vote against, "

You forget that there are PIs who lost do much money that they can't even afford the fees to sell their shares. Eg the pi who invested £5000 and has £19 left. Id vote against all resolutions if that was me.

Anyone here who will be voting against the resolutions?

Mr jimi hendrix, thank you for sharing this idea of theirs.

Dilution price depends on the sp after Resolutions have been passed on 13th September.

"The maximum dilution which a Shareholder will be subject to if Resolutions 4 and 5 are passed and the company issues New Ordinary Shares up to the maximum of that authority is 39% per cent."

Also stated bid have authority to issue a Maximum of 400 000 000 shares can be issued and expires after 90 days of resolutions being passed.

" Conditional on the passing of resolutions 1, 2, 3 and 5, this ordinary resolution will grant the Directors authority to allot up to 400,000,000 New Ordinary Shares in connection with any proposed fundraising"

Sounds like a deal has been made with PH.