Member Info for jdt1990

"nothing good come out of any of the Partnerships or Collaborations"
Pardon?

Agreed Jaylarc - clearly in their blinding panic to sell this morning Visainn missed it....

Actually - Visainn was just chatting sh*t it's still there on the home page....no wonder he's nervous and sold out, can't research properly so gets in a spin over literally nothing.
https://www.medusa19.com/en/

and a bit more:
thats great
i noticed you had "coming soon" on the site a few days ago but now it isnt mentioned
so justw anted to check you are still selling antigen tests when available
ANDY POVEY
Yes. We're still selling the test once it becomes available.

Visainn's posts about AVCT "coming soon" being removed form Medusa website pretty much instantly removed on LSE.
I just chatted Medusa on their site:
"Hi, will you be selling antigen tests at any point?"
"The Avacta product is not available yet. For any updates on the Avacta product, please refer to the Avacta website or their social media. Once the product is available, our website will be updated accordingly. Would you like us to keep your email on file to let you know once it becomes available? "

Oh wow - they're all out today haha!

“I am in a company that has continually missed deadlines on the LFT and has often not been open and transparent e. g. BAMS so I am sceptical about the time frame for AVA 6000 dosing and think dose escalation will be a drag.”
Guess what - the one thing in the last 12mth that has been fully under Avcts control was AVA6000 filing and it was delivered bang on time.
Lft has been based around an unknown virus and needed the involvement of various third parties (some of which incompetent) and government (who regularly changed the goalposts) so of course things would slip.
You’re another of these “nervous” negative nellies that actually just has an agenda.
Sell up (if you’re even in) and F off if you don’t like they way Avct is operating.
Personally - what they achieved in the last 12 months gives me huge confidence in what the next 12 will bring!

Volume very good too. DOne all of yesterday's by 10am

This is from the Dec20 fund raise RNS legal wolf. In true LC fashion it’s vague enough to seem like a raise isn’t needed but there’s room for the prick to dilute PIs further.
Annoyingly there’s a bucket load of warrants out there at 2-3p which would provide ample financing but the SP is so low they’re not going to exercise them.
I hope there isn’t one I would be livid but never say never.
“The Fundraise will significantly bolster the Company's ability to continue uninterrupted with work on its projects during the current uncertainty and unpredictability associated with COVID-19 and to advance the project funding initiatives as well as complete technical study work for the Blyvoor Gold Tailings Project and also expanded follow-up work on the Haneti nickel exploration programme;”

Wylie you're spot on but seems like on AIM everyone wants millions yesterday, so many impatient investors. When you step back what AVCT have achieved in 12 months is nothing short of monumental yet all you hear is "still no test".....
The good thing at this SP is basically nobody is underwater so its fine to say, if you don't like the way the company is operating, sell up and go somewhere else, it wont cost you anything. They wont though because the FOMO is too much....
Too many armchair CEOs

Not to mention the Sealion show at Sea world!

I get your point on the widespread use of Affimers. But "just get a test out there isn't" the way to do it. If this last 8 months or so has shown anything, it's that goalposts shift. To be in a position where we have a LFT framework that is plug and play for Affimers future proofs against any tinkering, which takes time, may require adjustments to manufacturing processes etc.
Your route would inevitable lead to multiple trips back to the drawing board and tweaking the process. Wholly counterproductive.

Doze - what you're suggesting is all well and good when you are just a middle man like Innova. They have no brand, IP, reputation to protect. This was a very good smash and grab from them.
AVCT is Affimers not LFT's. Affimers (as I am sure you have seen from the various non Covid RNS's the last 4 months) have applications far and wide outside covid.
"Speed is of the essence with this virus so address the imperative not the regulators narrow remit and then in the market you have a test you keep tweeking to improve it."
Not in AVCT's case, they have to do it right and make sure what they produce can't be trashed by the likes of Deeks because once AVCT's name is on it, it's the reputation of the IP that's on the line. AVCT want to be a part of a wider UK diagnostics industry post Covid. You sure as hell wont see Innova in the mixer for that job....

"The right strategy would have been to get an antigen spike test on the market and selling with the data collected as per Innova for a straight head to head"
Come off it Doze - AS wont be worrying about you taking his job ever. Why the hell would AVCT want to be embroiled in a head to head with Innova, thats the last bit of press Affimers would need, think of the knock on reputational consequences.

What AVCT need to do is blow Innova out of the water so they never see the light of day again and AVCT show what LFT's can do, as a result of including Affimers.

"The proof is in the pudding not the regulators lab" - Yes and that is why AS had done a larger CV using clinical samples with an AN test. That will most likely reduce the disparity between clinical S&S and real world S&S. So that is exactly what they are trying to do here.

I agree Timster - obviously anyone's death is sad. However, what is going on here is in the interest of public and global health (to put it mildly). Can't see anything being held back for the sake of PP's funeral. Seems absurd to me.

Christ yeah - Chile case in point. 25% of population fully vaccinated and cases/hospitalisations sky rocketing.
Just adds to how much testing is going to be required for a while longer yet.
God knows what will happen in this country now #herdimmunityMonday is trending on twitter where they think because an arbitrary % (which is complete finger in the air stuff anyway) has been hit Covid's done and its masks off and back to Glasto tomorrow.
Covid's taught me one thing - there are way more eediots in the UK than I first thought.

Explains why AS didn't just CE mark on the initial CV of 56 samples. More than likely he's been aware of these fwd looking changes so is future proofing everything. Once this final hurdle jumped, off to the races and no more hoops to jump through.

“This will apply equally to those companies based in the UK and overseas who are importing into the UK.”

The consultation warned that “there is currently no legal requirement available for independent validation of Covid-19 tests performance.

“Entry to the market is controlled by CE marking which is currently a self-declaration process for the performance of this type of test kit or equipment.

“This means performance is not independently verified ahead of sale.”

Tbf there was the 1 to 100 consolidation in Jan 2016, that's what got you!

Yeah tbh Richob - if this all comes crashing down and we've been had like a kipper, I'll be ****ed off at losing some money (but get over it) and take solace in the face AS will be doing a ten stretch in Armley jail...

Pleasure Pal!