Member Info for GloriaMarket

"Hopefully I'm wrong but I haven't been very wrong to date."

That's probably the worst part of a failing investment, Mr Roger, you are one of the few humble and intelligent investors who post on this board imo. Good luck.

"mass delusion"

https://www.theguardian.com/society/2023/oct/04/escape-from-the-rabbit-hole-the-conspiracy-theorist-who-abandoned-his-dangerous-beliefs

"You do realise NICE want Genedrive to install it to as many places as possible to gain further data so the more sales they do the better it is for NICE. "

NICE have requested more data from genedrive for full approva, how GDR acquire that data is through the partnership it has with hospitals. GDR said in march it will take 3 years at least to gather this data. Mr Nissan, I think you've realized you made a mistake buying GDR when you did. Either sell or ride it out to the bitter OR fruitful end.

No RNS. BUt I'm sure we can make up our own - where is BigAl67's message about how much funding GDR have in the bank? Let's roll out that RNS again. What if that email was published daily on this website, would that artificially increase the SP?

" could it be are new CEO buying..?"

Could it be the former CEO selling?

" In the context of a company allegedly on the cusp of revolutionising molecular diagnostics in emergency medicine the current disastrous share price does not make sense."

The SP as it is, surely means the market does not consider the company to be revolutionising molecular diagnostics.

>I honestly think if there was any news on sales that could ease the current situation and restore a little sentiment they would release it.

Mtr Roger, so you think the SP has absolutely no sales or expectation of sales priced into it whatsoever?

What news is expected in october?

Hope no LTH's topped up during the last spike. If they did then perhaps they'd be far better off leaving your money in a savings account @ 5+%!!

So tbh investors can only hope products are being gifted to the hospitals as part of data collection, which would explain why the world has not been informed about the details of sales,because there havent been any yet. But that means mr budd was lying when he said sales are being made in the background. So, we must conclude that he was not lying and publication of such sales (subsequent extrapolation to all uk neonatal depts) would be be so low as to merit an sp under 16p (the all Important drawdown number) hence why sales figures remain unpublished.

If sales r being made as part of data collection then its in the interest of pi's to know about them, regardless of their volume. If the income from sales generated by 6 hospitals in greater manchester are extropolated to all uk Neonatal Depts and yet is still an insult to the current sp, even ithen obviously the sp will plummet further.

As such, the publication of lower then expected sales figures are being withheld for that reason imo

Ooo look James, the moon.

Tell us how you love throwing stones at it.

" We don’t need any of your comments, "

"We don’t need no education... "

Mr Roger would probably be the first to admit he's a fool, as anyone who didn't sell at the last spike above 30p has certainly proved themselves to be foolish. But hindsight is a wonderful thing and yet, Mr Roger, and indeed Mr Starres-Stocksaint, have been very accurate in their analysis of the RF deal than the vast majority of posters.

Mr Roger, I appreciate your relative optimism, but as I sold out, it would be false of me to say I share it. Nevertheless, I feel I know GDR very well and that if it can turn a corner ie sales, then it maybe worth re-investing. I feel the announcement of sales can send the SP north of 16p. The last 300k drawdown was at the beginning of July, when the SP was just above 16p and I feel october will be the third month without a drawdown. This was certainly not part of GDRs funding plan.

" he's turned in to everything he accused others of"

I noticed that too but it appears to me that GDR forum has quite a few reformed rampers though. Perhaps not as extreme though. lol.

" Millionaire smashing it abroad"

Looking at the time of the posting, Perhaps Mr Starres/Stocksaint is working in Asia, perhaps Singapore or Shanghai. Or perhaps he's jaunting around the Pacific on his vintage yacht, after eventually selling his GDR holding without loss. Or perhaps he just returned home from his shift as a taxi driver in Kent.

All respectable lines of business imo..

Why does it bother people so much?

" where are GDR going to get funding to run their company with a cash burn of 400K every month."

The same place most AIM companies get their funding, a placement. But this time they have the RF death spiral noose around their neck and as someone said this week, any company involved in death spiral finance deal never attracts ii's to do a placement deal. Which, if true, means GDR will go bust unless SP breaks 16p and they can continue drawdowns for the duration of the deal with RF AND/OR RF permit GDR to drawdown when SP is under 16p.

And think about this carefully, if you were RiverFort you'd know exactly what the death spiral finance deal could mean for GDR. RF may have even warned GDR during the negotiations about the consequences of death spiral financing. And yet, the deal was struck. RF will make profit, there is not a single shred of evidence to suggest RF finance companies based on emotions, nor that RF will permit drawdowns under 16p. On the contrary, with volumes so low the drawdown may cost RF money. RF have probably been here before. In short, GDR need to maintain an SP of greater than 16p to survive. Devote's 1.2 million award announcement increased the SP by approximately 1.2p, suggesting that GDR need an awful lot of regular and frequent good news to keep the SP above 16p for the duration of the RF deal. This continuous positive news flow is exactly what Mr Budd had expected, he told us so in March 2023. Yet it is exactly what Mr Budd got woefully wrong and he was asked to leave.

Does anyone know what the next pieces of potential good news could be about and when they might be announced? I'd love to know!

" The RNS says: "...the vast majority of this funding will be paid directly to the UoM to support the Company's initiatives.""

Mr Starres, You believe GDR has £2 million in the bank at the moment , well shortly it will have approx £3.2mil, with approx £1.2 mil ringfenced for the development of the strokemarker, to pay manchester hospital staff to continue their data collection. We've not been told how much of the current monthly cash burn goes into data collection, for both the stroke marker and AIHL. Unless I'm mistaken. It would be nice to know.

Investors should be concerned that an award of 1.2mil only returned the SP what it was two weeks ago.

Someone posted something about news on the stroke marker being expected or known on 28th September, this might explain the increase in SP. But of course, such news expectation is the bread and butter of the trump-and-dump trader.