Member Info for JRDC

This is a list of companies who have submitted an expression of interest

Mylan Laboratories Limited, a Viatris Company (india)
https://www.un.org/Depts/ptd/node/1031352

Don Foss Enterprises Pvt Ltd (Zimbabwe)
https://www.un.org/Depts/ptd/node/1031325

MiCo BioMed Co., Ltd. (Korea)
https://www.un.org/Depts/ptd/node/1031348

And Us
https://www.un.org/Depts/ptd/node/1031355

The SP will never recover until the dispute is resolved, no matter how many new tests are released. It's exasperated by the fact GM refuses to disclose any future order details nor breakdown existing orders in to market and volume. He himself said last year shareholders are not a priority, he's therefore only releasing the bare legal minimum.

Maybe he should try a different tact as it's obviously not working, but he doesn't seem like a guy who would admit he's wrong. Rather like some rampers on here.

So how come the directors can "believe this will add significant revenue" yet in other RNSs GM crippled the SP because he couldn't forecast revenues for 2nd half of year or said they'll be much lower?

Will be interesting to see the markets the test is released to first, esp for home approval as only the sovereign test will be given self test approval, Innova is having theirs revoked, and govt need a consistent accurate test. So I'm expecting FDA submission and approval in June, and whatever scheme the EU uses. Let's hope their sales staff fare better with LFT that they did with PCR outside of the UK.

Well, I know one thing. Our test won't be available in the middle aisels of Lidl. Maybe ODX should get in touch and see if they want their antibody tests?

https://www.google.com/amp/s/www.breakingnews.ie/amp/ireland/lidl-boss-defends-sale-of-antigen-tests-as-they-sell-out-over-weekend-1124299.html

If we weren't supplying hmg we wouldn't have gone via Mologic and instead waited 3 or 4 more weeks for ISO accreditation and done it ourselves, after all what is one month delay when we've suffered at least 6 months, it's like time is of the essence for some particular reason...

Also interesting that Al has been moaning at length of time it's taken the govt to get it's arse on gear, this contract was signed way back in Feb. Al would have known it was signed. We (or I) thought he was moaning about how long PD took, actually he was probably moaning at the time being taken from organising manufacturing to them approving our test, and forcing us to pivot from our planned saliva.

Al met with Boris on 27/08/2020 to discuss scaling up mass testing, along with mologic and a few other players, such as Novacyt, optigene, who were just in the PCR space at the time. 8 months later and we're only now approaching the finishing line.

Full list is

Oxford, Nanopore, Mologic, Novacyt, OptiGene, LGC, Quantum DX, Avacta, LumiraDX, AstraZeneca

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/958306/Rt-Hon-Boris-Johnson-MP-meetings-July-to-September-2020.csv/preview

None of those are now in the running imo, so I'm 99% certain the licenced tech is ours.

Mologic, surescreen, novacyt, imo those names are too large to fit in the redacted field for there to be equal distance text size between each word.

Avacta fits. As does Innova.

Will be interesting to see if Al has negotiated a flat rate licencing fee with UK govt, eg £500m regardless of numbers produced up to x years - lets hope they get the cash upfront though, or if we're charging per test, eg £1 in addition to the manufacturing contracts, or if GAD, ODX, BBI will pay us out of their fee. It would be much less money but part of me would find it amusing if ODX were given the full £347m contract only for us to charge a £300m licencing fee. £47m pays for a lot of plastic cassettes and glue, and is life changing for a company like ODX, which is what colin has promised.

I bet we don't get an RNS tomorrow (or at least an RNS related to our LFT, CE marking or ISO). Anyone wanna take me up on that?

To make it interesting loser has to buy 10 ODX shares, create a thread on their board called 'We love king Colin!' and offer to make Merchant a cuppa and tell him to put his feet up. Bit like Mother's Day. Except for a twat.

Haha. BRH sp is getting so low, if someone were to buy £500 worth next week they're in danger of triggering a TR1

The min value of the ODX contract is £50m, max is £374m. Already near 2 months down so can take off £374/24 = £31m off max value. Production will be scaled up over time, so max value will never be reached, most likely is somewhere around half that, so say £150m.

£125m of that will cover raw materials, then £5m for wages. Govt loaned equipment so allow another £2m for insurance. That leaves £18m. Delivery, packaging and setting up infrastructure another £3m, leaving £15m profit. Allow £10m for faulty tests, loss, theft, misdelivery etc, leaves £5m profit. Paying for extra office space, storage, security doesn't come cheap, so another £2m. We're now left with just £3m, Colin and his mates will want a bonus totalling £2m. Add an extra million in expenditure for pies and you're left at £0 profit. Pies can't be claimed as a business expense so corporation tax of £200k, leaving them in debt.

Meanwhile twitter work experience lad gets crushed to death after unfortunate accident in warehouse when 3000 tonnes of unsold Abc tests topple on to him after he goes to check in on Colin who had locked himself in the gents.

ODX saying they're best in class is like liverpool fans saying they are champions. True for a very short amount of time.

I feel a bit sorry for ODX holders. Someone posted a link on their board yesterday, a year ago to the day the SP was 60p, and yesterday it was 66p at the time, no wonder they're so angry all the time.

Get the Reddit lot on board. Charitable company being shorted. GM should offer by Twitter if SP hits £x by June we'll donate another million kits to countries in trouble

Only the sovereign test will have home approval - Innova no longer, so who the hell are odx selling it to? Will Europe want our failed cast offs? Are they going after low income countries (so very low/none existant profit) Imagine having a stockpile of poor quality antibody tests no one wants, and then a stockpile of antigenLFT no one wants or can use at home, and being the equivalent of the nightingale hospital producing our test only if GAD, BBI and the like can't meet demand. Odx still think they're getting every penny of that £347m contract... Govt has form for pulling contracts early or changing terms. ODX need this contract to survive, for us being the govt test of choice is merely a nice to have.

I'd be panicking if I were an ODX Investor right now...

Yup, just need to wait another week or two for the gold standard.
Theirs (rebranded Mologic) is a very average test

SP will go up when we know how good the test is. If its nearly as good as Avactas, it will fly. If it just matches surescreen, mologics, roche, siemens etc it will probably remain fairly static. Cant imagine it being as poor as innova so I'll discount that as a possibility

It's Innova, as part of the ERP

https://liverpoolexpress.co.uk/national-events-pilot-your-questions-answered/

The community testing there under the SMART program is still using Innova

https://www3.halton.gov.uk/Pages/health/smartfaq.aspx

I imagine that's the test they'll be using for the other major events lined up to the end of May.

https://www.gov.uk/government/publications/guidance-about-the-events-research-programme-erp-paving-the-way-for-larger-audiences-to-attend-sport-theatre-and-gigs-safely-this-summer

I presume no further than June as Innovas approval date or whatever it was ends then.

One day, soon, it shall be us

Warning to others if using free trade platform, abdx aren't listed!... i didnt check before depositing doh haha.

Cracking value atm, could be working with both Avacta and Nova for their LFT

I sold a large chunk last year at £6, and watched it swiftly climb to £12.

This is the tech used in mologics lft, and they've since given up capacity for avacta as it wasn't deemed good enough. Hoping they're going to licence affimers so we're all one big happy family.