Member Info for GloriaMarket

" If you cant wait for 5-6 months and would rather talk nonsense go somewhere else."

Lol. In a way you are probably right, the only way for GDR investors to keep their sanity is by shutting the doors in the hope the reality goes away.

GDR doesn't have 5-6 months if drawdowns are not possible, and why should they when volumes are so low? Drawdowns were taken at the start of each month (MAy, June & July) when the sp was above 16p. However, in July SP sunk below 16p and RF need to permit GDR to draw funds, which obviously it hasn't done. GDR didn't drawdown at the start of august nor start of this month because SP is below 16p and RF have refused to permit them. I'm sure Mr Budd is desperate to get RF's permission for drawdowns and RF have probably responded by telling him he first needs release the good news RNS's that he proclaimed in March. In short, GDR's Christmas Party will not be as much fun, if there is one.

You remind me of Boris Johnson when about 2 years ago he banned government from using the word "Brexit" despite the government failing to complete Brexit.

GDR burns 300k per month and Mr Budd earned 277k + bonus (approx 300k?) per year. Then Mr Budd's salary alone accounts for 10% of the companies cash burn.

Perhaps GDRs fortunes will turn around under a labour government?

"What price is Gloria’s bottom going to be ?"

Mr Bloggs, I fear the bottom may well be less than 1p as I've no idea how GDR can keep the price above 16p and take drawdowns whilst RF are also selling the shares they acquire to pay for the draw downs. Fingers crossed for you all that some unexpected and fabulous news lands before the year is out.

"The bare faced lies that get posted here as facts are incredible. I guess that’s what happens though when desperation kicks in and people see their entire investment and trust in a company eroded to such a degree"

tbh the dreamers remind me of brexiters pretending the UK's economic situation, outlook and buying power as not been decimated by leaving the EU.

"Why on earth do people spend so much of there time posting messages about shares they are not even invested in. "

Because afte ryears of being invested in GDR many are still emotionally invested... and are waiting for a VALID reason to reinvest and not the reasoning of dreamers who didn't time their investment correctly and are in denial about the SP trickling south.

"Genedrive have clearly stated that the Company.s cash resources will be directed towards our AIHL and CYP2C19 Tests - Genedrive does not say any of the cash will be spent on any ''other'' future Development Tests "

So , how will they raise funds to keep the lights on whilst data collection is taking place (minimum 3 years for AIHL and they've been working on AIHL for at least 4 years, at that rate CYP2C19 as at least another 6 years to go?

MrBigAl67, your post clearly shows why you think GDR is doing so well. But assuming your calculations are correct, which way do you think the SP will go between now and oct 2025, when the money runs out? As money is burned, will the SP increase or decrease?

Mr Raffs, you are a ramper with an agenda sitting on your loss like a frustrated hen sitting on her eggs. Don't forget, the vast majority of eggs are never fertilized. and it's never the fault of people posting their thoughts anonymously on this LSE forum.

Yes. I've taken a loss, perhaps I'll buy in later if there is more certainty over funding.

"If you can dream—and not make dreams your master;"

Mr Budd's and BoD's strategy is to continue to raise funds each year and to do this without sales they need to develop products that are COULD BECOME revolutionary eg POC covid test, stroke marker . This is jso that AIHL, GDR flagship and most developed product, can continue to plod along awaiting sales and further test results over the next 3 years , at least. For ii 's to fund GDR, the SP doesn't necessarily need to increase but volumes do , hence a hyped product needs to be in development, GDR doesn't necessarily need to produce this hyped product , let alone achieve certification or sales, it just needs to produce a potentially ground-breaking product. This fund raising strategy is not unique to GDR but many pharma companies imo. For example, a few weeks ago a company from Scotland hit the news with a potentially ground breaking test for Alzheimers. They hadn't produced the product but its in development. This sort of story is click-bait and, if a company is listed, click-bait results in a temporary increase in SP which in turn can be taken advantage of by the company to raise funds. However, GDR's problem this year is the deal with RF will prevent any other ii's funding GDR - no ii will enter a deal with a company who is part of a death spiral finance deal as the debt to RF needs to be serviced first. Currently, I can't work out how GDR will raise funding again with the RF circling GDR from above. Hence for me this is a sell, so as they say on Dragons Den, I'm out.

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"I will make it my life's work to prevent newbies getting burnt on this share!!!!!"

GDR BoD will certainly not be happy with any effort to prevent PI's getting burnt on this share! It's actually GDR's core business as ii funding is the only thing that's keeping the lights on each year.

" November will be interesting as GDR will need to lay its cards on the table and explain how it intends to keep the lights on without monthly drawdowns from RF....."

Mr Starres, GDR BoD does this every year, so what's new? Absolutely nothing because in Q4 or Q1 every year for the last 3 or 4 years they have announced further funding via an ii fleecing PIs. This is NOTHING NEW WHATSOEVER. Now stop pretending you don't know this, you've been involved with GDR for years. If GDR don;t raise funds at the end of this year/start of next year THEN THAT WILL BE NEWS!

"To be honest I am surprised the share price is below 30p now."

Mr nissan your sentiments are shared with everyone on this board who didnt sell above 30p early this year.

Mr Slacker, please stop stating known facts, this is lse's GDR forum and NOT the FInancialTimes.

Mr bloggs, I think you are confusing LSE with Onlyfans. Perhaps i should get an account. Lol.

"They already received the best recommendation they could have got."

Thats very true mr nissan and this is why the sp is so low.

I'm really enjoying reading the recent posts from Chief Inspector Dreyfusses (stephen11yrold and Bigal67) and Inspector Clouseau (stocksaint aka Starres), very entertaining. This forum is boring without you all. Thankyou. GLA.

Looks 1000% better than an earlier photo someone linked to once.