RE: USA complacency should send sp north.17 Jan 2023 14:21
nice link Mr DJM. Thankyou. Technically though GDR is not a start up, it did have customers once and lost contracts eg US army.
However, that's in the past, GDR is again a fully feldged startup , surviving purely on handouts and as such finds itself at at stage 3 in that article wrt to AIHL and covid products :
"Has a final product or technology prototype"
Mr Budd is golfing to acquire a customer base for AIHL etc after horribly failing to acquire one for the covid products. But there are no signs of a customer base yet , freebies are still being given out.
Stage 4 is GDR's next goal wrt AIHL
"Has strategic alliances or partners, or signs of a customer base"
However, the most optimistic on this board would have you believe we are at this stage 5:
"Has clear signs of revenue growth and obvious pathway to profitability"
GDR pretends to be at that stage too , by paying its directors and CEO salaries that outstrip many similar sized companies who are at stage 5.
Is GDR over-priced at current sp? I think so but I believe we can still steal a few more pence out of the media coverage of covid.