Member Info for Kong1

Having looked at previous RNS and numbers.

My calcs appear to show Oxford are selling 2.3 texts per day

So since the 17th January it appears they have only added one more sale per day.

As of today it appears they are only selling 69 tests per month

Guvemesunshine

Looking back at the RNS and doing some calculations myself

The number of sales of episwicth.

Look at the RNS dated 17th jan

144 sells so far

Deduct this number from the 454 stated up to June 1st as of the RNS today

Then add up the number of days from 17th jan deduct from the figure remaining works out at 2.3 tests sold per day !!!

Give me sunshine

Your last post states Oxford are selling 4.25 tests per day so that equates to 100 tests a month

30 x 4.25 = 127.5 ?

I think all your calcs seem to be way off and I’ve absolutely no idea where you are getting these figures from.

But for me they are clearly wrong

Givemesunshine

Where are you getting £4m from

It clearly states Cash burn £5.99m for the first 6 months ?

Am I missing something ?

I couldn’t agree more newuncle

Funding will be needed this autumn for sure, no doubt about that.

100 tests a month so someone says is a bit pathetic.

1000 by the end of the year they say, I’m struggling to see that at the moment.

So back in March they were selling circa 40 a month

Theve apparently added 60 more a month, not excactly on fire .

The cash burn is circa £1m a month

The figures are not adding up to be viable

Givemesunshine

Are you sure your figures are correct

It clearly says H1 is a £5.99m loss

That’s £1m a month !

If I’m correct and you say £10m in the bank as of April 1st

That means by aprox December 31st they will have no money in the bank.

So in theory they should be wanting a funding raise around October.

With the share price dropping the number of shares needed for a funding will impact significantly on the numbers leaving shareholder value in tatters

I can’t believe people are buying these shares

Wiseys

Can you read ?

We know they’ve done a fund raise so add that on to the top of the fund raise. We are now nearly 3 months from that date, burning £1m per month,

I’m guessing there is aprox £4-5m max in the bank as of today.

Looking at all this, they can survive until aprox November.

So anticipate another fund raise from August onwards.

They have not disclosed sales figures so obviously they are rubbish

Burrows and his ego is taking this company down.

He’s over paid and they are all costing this company with their inflated pay packets.

This company is going under with Burrows at the helm.

Burning £1m per month, more than previous years H1

No news on sales because they are rubbish.

Only £100k more revenue than previous years H1.

Only £1.2m in the bank compared to £3.6m same time last year

It’s a disaster this company is run by the most inept board of directors on AIM.

Price will go into free fall then the next funding round will want huge numbers of shares to keep alive.

This company has no hope

It’s not looking good.

5 years to wait before results

Mmmmmm, not sure the company will make another 5 years.

Couldn’t agree more Baznick.

How ever I really don’t think results are going to be great.

More important is, where are we now and what is happening

Kong

Muldoon

any views on why coalculus has exploaded today , seems to have started at noon for some inexplicable reason

Muldoon96 / sunnyside up1

It will be nice to finally get some closure on what the true revenue is from the Bitcoin trading platform.

Until GST gives us this info we are all guessing somewhat.

Interesting times ahead

Kong

Fools gold

Yes update was a bit poor

You’d have thought we could have got a little insight into what’s going on.

I find it really hard to understand after 1 year why we haven’t been given some sort of licence.

Something not happening, it shouldn’t take this long, especially after been given their own officer to help in the proceedings

CTSFO

No it’s a fair question.

The money could have been used for anything but it dosent appear to have been for a new Acquisition

Prion25

You may have faith in the science and I’ll agree with you.

But as time is ticking, other new techniques are being established by other companies.

On top of that, the money is dwindling and I’m convinced another funding round is needed.

I’m struggling to believe that sales of 1000 per month is achievable by the end of the year.

One big problem the company has, is that the test has not been validated, therefore it can’t sell to the NHS.

Oxford are trying to sell a very expensive test, with one arm tied behind their backs.

All due to the stupidity of the board.

I think the strategy of the company has been too little too late.

Burrows has made grave errors and big mistakes

Newuncle

The BOD and the nomads should be made accountable for the misleading RNS’s they have put out.

This is why AIM is failing so badly. It’s the above that is abusing the system and the Nomads allowing it to happen

It stinks

Give me sunshine

You are totally deluded

Can’t see the wood through the trees

In total denial

Burrows has failed he and his cronies are on borrowed time.

There is no what this company is going to survive

CTSFO

not shot .416 but I know its a hell of a round, Rigby big game. my Old man used to have a Holland .500 BP but I was to young to fire it.

got a friend having a .600 double being made now by Boss.