Member Info for GloriaMarket

"The reason I post my calculations/numbers is that they are my reasons for investing in Our GDR."

Mr BigAl67, Regardless of what people think of the accuracy of numbers and calculations, this is a perfect DYOR answer. I too think your answer is wrong but I respect your workings and assumptions, they are your own. Few people would share their workings. All the best and good luck.

", the European countries who have given regulatory approval will I am sure be paying full price, "

Thanks Mr JimiHendrix. I'm unaware of any countries who have given regulatory approval To AIHL. Has this been announced or published? Has the EU given approval?

"Lets see how much revenue the European sales bring in."

Mr JimiHendrix, did Mr Cheek state how much revenue greater manchester has generated to date including raw data eg use of AIHL per day, per neonatal unit. etc etc?

Hahah "Yes I made a mistake bought this pile of 5hit @ 11p sold all my shares for loss this morning off-course Im very disappointed but I would rather walk out with something then nothing!

They sold nothing in the past 24 months Budd left he knew they screwed. This new guy will eventually get kicked out soon"

goes to show, the only people with agendas on this board are the rampers . once they are no longer involved the truth comes out. Never believe a ramper. Of course there are plenty of posters who back up heir optimism with facts eg Mr JimiHendrix.

" If this sp was cheap the directors would be piling in!!" they'll do that as part of dilution, just as Mr budd did it when the sp was 45p and they diluted @25p a share, he bought a meagre amount at 25p. Probably bare minimum as he knew sp was too high, even at 25p.

If GDR are lucky there will be a dilution or RF dumping shares as drawdowns continue. SP is under enormous downward pressure without significant sales.

" AIHL has begun rolling out beyond the greater Manchester area - Details to follow very soon, I think he alluded to December but I need to rewatch to be sure."

Did he mention the current sales figures from greater manchester? if so, what are they exactly?

"This ship is sinking faster then I thought.. "

At what time today did you first think the ship was sinking?

"James Cheek is like a breath of fresh air - a clear strategy is in place for commercial traction."

and there's the carrot...

" Also the tax credit alone takes the runway to end of q1."

woohooo! result!

"It's in RF's best interests to provide funding, they aren't going let another investor come and dilute the millions of shares that they have been issued over the past few months."

It's a death spiral and they know it. I believe RF are in the business of profit. They know they are the lender of last resort, as someone put it, as such I'm sure they are not in the habit of collecting dead or near dead companies.

"They're actually warning they might not be able to continue as a going concern if funding not found within the next 4 months!"

That's exactly what I pasted - the CFO's last sentence states approx end of 1Q24 GDR will be bankrupt and that's even with the 0.8M tax credit and other 0.2M + 0.3M from this and that. It's exactly what several posters predicted too. They need to find an income from AIHL of 0.4M per month just to keep the lights on, OR another large dilution (eg 0.1p)

"Without a strong financial strategy in place they are at risk of massive dilution…… and the lenders of last resort"

yes, GDR has a shockingly bad BoD. Their track record speaks for itself.

"Important bit: "The Board is planning for an equity or debt raise in early 2024 to support the growth and development plans of the business and allow the Group to continue to operate as a going concern."

Planning... I'm planning on becoming a multi-millionaire but so far it's just a plan. The CEO s comment suggests they havent found any ii yet willing to help them. If they do, the dilution will be off the charts imo.

"TODAY you spanner...!!!"

Lol. I'd be in a bad mood this morning too is I hadn't sold.

This is a reminder that GENEDRIVE PLC will be holding the meeting Full Year Results Briefing tomorrow at 30th Nov 2023 at 10:00am GMT.

Mr BigAl is learning an expensive lesson, assuming he's still holding based on his miscalculations.

"WHAT DO THEY SPEND 400K A MONTH ON??????"

"I spent a lot of money on booze, birds and fast cars. The rest I just squandered." Manchester footballer.

" · Commercial distribution agreements for Antibiotic Induced Hearing Loss (AIHL) test in place covering Spain, France, Austria, Greece, Saudi Arabia, Kuwait, Turkey and the Netherland "

Could the saudi's/Kuwait offer GDR a life-line?

Christmas period of approximately 2-3 weeks is always slow, so essentially reducing the time GDR has in finding an ii's who is prepared to fleece PI's adfter a dilution. I just don't see any PI's having the appetite for this, and without PI's to be fleeced they will never find an institutional investor.