Member Info for GloriaMarket

"SAR's survival from the "death spiral" funding deal was nothing short of miraculous and I believe could not have happened had the PI's not managed to turn things around.

AIMHO

DYOR"

OMG!

"he got shafted by the placing so spitting his dummy out (so aren’t we all)"

indeed, "aren't we all". And that's the crux of it.

Apart from the clients of "Allenby Capital" and Peel Hunt got shares @0.20p, ALL PI's are underwater and it's only going to get worse.

PI's have choices pay the piper and take another dilution or pay the piper and revolt for change.

Mr Nugent, I'm impressed by your patience wrt to the latest RNS and previous RNS-es, which appears to be another example of selective truth, by their own admission. They appear to only have strengthen your resolve and that of many other PIs. Things will change and they will change for the better.

"Gloria, the company is generally only required to pay compensation in line with government guidelines, which typically amounts to one week’s pay for every year of service. Please feel free to correct me if I’m mistaken."

In which case it is utterly shameless of GDR BoD to have awarded Mr Budd a full salary for 2024 after he resigned in 2023 and considering his significant lack of achievements.

" i would welcome resignations"

The cost of BoD resignations are very high. Mr Budd received a full years salary for 2024 according to EOY 2024 results, despite resigning in 2023 , summer 2023, unless I'm mistaken!?!.

Mr Nugent has nothing to prove.

"From the RNS, one would draw the conclusion that Mr N. is not prepared to fund the company to the tune of at least £350k per month."

Mr Nugent wants BoD to be replaced and/or significant salary haircuts, as far as I can tell. In response, the BoD appear to be keeping him out and I agree with Mr Roger that this mornings RNS is an attempt by the BoD to discredit Mr Nugent (and shareholders who support Mr Nugent) and instill fear into other shareholders. It's a truly shocking RNS.

"Emerald any positive spin on this?"

I doubt a single bank in the world would be prepared to lend GDR money, let alone millions. Too many red flags.

1. Overpaid BoD

2. Very poor sales record

3. 350k per month cashburn

4. Only one potential customer (NHS)

5. delay after delay preventing significant sales

6. Lack of trust in BoD

.

.

.

"Emerald any positive spin on this?"

lol. He's still eating his Ready Brek.

"David Nugent was wall-crossed prior to the Equity Financing being announced yet declined to participate and has not provided any alternative financing solutions for the Company to consider."

Alternative truth! The lack of integrity is obviously chronic, as displayed in this RNS. It's as if the Bod believes it's holier than thou yet it's actions speak louder than its selective truths.

"Power to the people"

... when failed investments turn investors into socialists...

"Amers, I’ve decided to vote NO aswell,"

Remember, it's the BoD that let it come to this, not PIs. Good luck.

With Refform set to win the next GE, perhaps gdr could create a swab test for Britishness, and create a suite of national identity tests for each country run by neo-nazi's. ICE is probably screaming out for such a swab test to quickly determine the Americanness of the people they've interned.

Mr stocksaint, I believe the drinks and hospitality industry is not doing well at the moment. But I like your thinking, GDR does need to diversify. Perhaps it could invest in student accommodation. I think you mentioned bitcoin last month.

"Gloria - supporting Mr Nugent to do what? No statement has been issued as to his intent or plans so what is there to support exactly?"

Mr Nugent represents all the long suffering PIs and has gained trust of many of them with simple comments and actions. Unlike the BoD, who's relationship with truth and integrity has left them distrusted by many investors.

I know who I'm supporting and its not the likes PH, AC and not even the BoD of GDR. I'm supporting Mr David Nugent.

"What do we think a fair price is?"

The current share price is usually the fair price as its based on all the facts and known expected news and buyer sentiment.

Looking forward to clarity!!

Nortrust Nominees Limited own 3.6% . Perhaps they are one of allenby capitals clients who invested. Allenby capital is in the business of funding small caps through its network of investors. Mr Nugent states the 400 mil shares were oversubscribed and was not given opportunity to partake in the deal (!!) yet it appears he's bought his extra 7% on the open market yesterday.

As far as I can tell, peel hunt, gdr and now allen capital (and Nortrust) are working together to extract as much out of PIs as possible. And Mr nugent is now causing them a big headache as he's on the side of the pis. If anything he'll want control of the financial situation at gdr imo and those two products are worth his investment alone.

As mrfranky once said, pis need to form a strong group and act as one, in effect, ii. Is Mr Nugent leading the way?

"

I never thought I would say this — or even think it — but I now feel compelled to speak out.

I urge all shareholders to vote against all the proposed resolutions."

Mr Amers, you change your mind as aggressively as Boris Johnson!

Nortrust Nominees Limited, Mr English and Mr Nugent (and company) have been averaging down, like many on this board. GDRs cost reduction needs to be taken further imo. Significantly reducing BoD salary would be a very good start.