Member Info for maestro1

Jimi

Stop it. They not speeding nothing up, they have plenty of pcr suppliers on eua.

RiskIsReward

I agree with you on this.

In around 100 days the whole population can be vaccinated the speed usa are vaccinating.

The genedrive product was listed on the sysmex website, it still mentions them on genedrive website as distributor.

Maybe they gave up selling for gdr, times and technology moves fast, they gonna struggle if they dont get fda now. Notin 6 months or a year..

https://www.google.com/amp/s/amp.cnn.com/cnn/2021/03/26/health/us-coronavirus-friday/index.html

Its been over a year, gdr product is the best but no one in europe is touching it.

Dont you find that odd.

You are right, covid tests will likely be needed if you want to travel long term.

Its binary bet, get fda or not. If they get fda its party time if not then its gameover. Imho

In usa they can sell the kit for $25 each but in europe i dont think they would be prepared to pay that, this comes into it also. Maybe this is the reason why they have been struggling.

Will gdr reduce prices for europe?

Urraca

Budd has upset investors a few times, will be difficult to go above £1 without material news.

Beckman collabaration began back around aug 20, Budd has admitted no material sales without eua so he has protected himself.

Djm1

Well you havent been listening to him, Budd claims he was biomek salesman 20 years ago.

Whistler51

How can it be frustrating for him, they have had sysmex distributing in europe, africa and asia for almost a year.

Not sold a bean, even in South Africa where they hav license.

Investors have a right to vent frustration.

I just get the feeling are gdr late to the party once again..

Djml

Its the statement after where he said, we may do an eua with beckman, was hesitant but said we are not at that stage yet.

So Budd clearly doesnt know if he will get fda. Job of ceo is to sell company to potential investors, that was poor meeting.

Positive

Judging by Budd reaction i do not believe the fda approval is coming soon.

Noel well brings additional reserves but its gas, i want them to go for the oil in clearwater.

Sorry meant were spudding the well.

This is public forum and both side of the arguments need to be addressed, at the moment im on the negative side and its good to counter and have debate. Clearly i have a little softspot for gdr but i was very dissappointed with yesterdays meeting, they told us almost a month ago that the meeting will not have any new price sensitive info but yet some believed it would increase the sp while the opposite happened.

I was dissapointed with the way he answered questions and blamed solely on delays for not getting the licenses in countries. Budd needed to admit of their failures to sell any in uk and europe where they had licenses for nearly a year but he just blamed everything on fda delay and indian delays.

Its frustration regarding the fda, now many companies hold eua licenses for pcr and someone awhile ago put up article which stated more pcr test eua are getting refused by fda as there are many in the mkt in usa, so we need to take this into account.

Budd alluded if they cant get progress with our eua we may do one with beckman, again this will be time consuming and even budd admitted with other types of covid tests the pcr mkt will get smaller when someone asked regarding different covid tests.

We have some new investors who are clearly here for the bounce, the bounce will come and it will start to fall again.

Ppl go on about getting fda in Thailand, they have low rate of covid and they are vaccinating their population. We should be very concerned that rates are very high in europe but we struggling to sell any in europe.

We still have large background seller, for anyone to claim this to go back over £1 something big needs to happen. Multiple times the company has failed shareholders, when sp was over £1.60 and he did placing at 80p, where budd said sales are imminent and nothing happened.

All in all dyor, gdr has become riskier in my view.

Jimi

I disagree, he said "we're not there yet". I got impression he meant if it continues we can try that avenue with beckman and the i7s.

Was Noel well shut off well or was it s new drill?

Rather strange they didnt tell us they are spudding the well.

Sally, question is how along the line does it take to get the eua approval. Judging by his tone he showed little confidence and was unsure. Eua is key if they get it in short period of time then by all means this can be over 1.50 again.

Uncertainty and he admitting sales effected due to not receiving eua is concerning.

If you look at the distributors on gdr website, sysmex are still distributing in europe but they havent sold anything for ages.

In the presentation Budd stated they have solely applied for the eua and then he alluded to getting eua via beckman if that fails.

This will cause significant delays and by the time gdr gets eua they would miss the boat just like we done in europe and uk.

Still more to fall, who gonna eat humble pie...

We need your help

Likely sold..