Member Info for maestro1

Ok, jay.........

Jay

Budd 26th march 2021 "In India our application has been repeatedly frustrated by test requirements that are neither documented nor communicated to applicants. Although our application remains on-going but we are reducing our attention on the market as there appears no certainty of a positive outcome against unknown requirements."

Divoc are not selling gdr kit at moment.

Sally

Also you should mention gdr have had license to sell in eu for almost a year, no material sales to date.

Having the capacity to produce 10k an hour (240k per day) doesnt mean gdr will sell that many.

Did you get the link of ncyt that detects variant?

Do you hav link that gdr detects france variant?

Grimshady

It hasnt in my best knowledge the france one.

Inphobe

Here is source, i think there was direct twitter link from ncyt awhile ago cant find it.

Britany variant ncyt claim they can detect.
https://www.google.com/amp/s/www.businessinsider.com/coronavirus-variant-france-can-evade-tests-2021-3%3famp

"However, one European diagnostics company, the Novacyt Group, announced Thursday that its PCR tests can successfully detect the new variant."

So you report me because my opinion differs to yours.

But why do you reply to me, it was you responding to my post.

I have a right to post here, i am not being disruptive at all.

Inphobe

As far as im aware ncyt detects france variant but i dont know whether gdr does at this time.

Why would state oil company refuse to pay it 3m cost of a project that is believed to have large gas reserves and then sell 55% for 2.2m?

Oex confirm funding required, so short term action. Be careful with this one. Imho

India tough place to do business just ask PAT who currently in dispute with asset in rajastan.

So what was the dispute?

So what happened why did the company which own 55% interest jusr sell it to oilex for 2.2m, i thought there was an massive resouce of gas?

CWalsh

It states the lab has 170k capacity by end of feb 21. Gdr state only $400k of beads sold to beckman.

So its kind of misleading you saying they using gdr tests.

Article dated same day as presentation where budd confirmed no material sales, again ppl speculaing..

Sally

You dont have to read my posts.

I want to know the pros and cons of the company, when Budd said reason for poor sales was due to lack of eua.

Now the question is when will they get an eua, cant afford to get it 6/12 months down the line.

You are correct that why i said in my opinion. I would have loved if fda indeed began to issue eua to companies selling via notification loopholes.

Preefty post kind of implied thaf fda has started to clear the overhang, when in reality many of those who are selling commercially have still not got their euas.

Out of them 90 which have notified of selling kits without eua, 26 have euas and out of those 90, only a maximum of 4 euas in 2021 and almost all of them changes to their current euas.

This is slightly concerning in my view.

If you were a new investor and saw that list and what Preefty said yesterday you would see his post is way off, implying that the fda are clearing the backlog.

In 2021 around 3 or 4 euas have been granted to companies, almost all were just updates of there past eua. One can clearly see that the fda are way behind and will take some time to clear backlog, we are talking months here, i now understand why Budd was frustrated in the meeting and he insinuated they have plan B.

I truly hope GDR gets FDA in USA WHICH will definitely be company maker, without it they will struggle. At the moment they are miles away from getting eua in my view, look at all those companies waiting for EUA.

Pacman

Its on the fda website, where exactly, is there a link.

starresnstoff

Do you have a link to those 90 companies still waiting for fda. Poster yesterday stated 25 of them have got it.

I know back in nov budd said additional info was requested by fda so they requested more in feb?

Jimi

Can you back that up with data? Which companies got their after 1 year of applying?

Bigbench

The asian countries have there own pcr test kits which they can produce cheaper. Japanese, south korea and chinese countries have excellent medical companies. Budd even said we targetin usa because of the prices that we can charge, well that was his excuse why uk wasnt targeted.

Its in usà that Genedrive can excel.