Member Info for mugginsthedog

Then you really are as stupid as you appear to be

Rorkes - the issue is that too many posters post utter irrelevancies. It is as if they are trying to hide the real issues with a lot of utter tosh.

Trills as ever you do not seem to even get the basics facts right. My first DVRG (SKIN as it then was) post was 31/8/2020 when the SP was 37p.

As I say are you happy with the SP? Are you happy that we are due to get another dilutive fund raise? Are you happy that we are not winning any orders? Are you happy that the the CEO calls long term PIs rainbow chasers? Are you happy that Mrs GB sold shares? Are you happy that the breathalyser is going backwards? Are you happy that waste water monitoring is not selling? Are you happy with rubbish half year financials? Are you happy with the ongoing China delays?

I suggest that you focus on getting your facts rights and on the obvious fundamental problems with this company.

The market simply does not trust GB - hardly surprising given his failure to deliver time and time again.

How about a highly dilutive emergency fund raise in the next 12 months? I called it right last time and I am calling it again.

Quite right - it was Chesh.

What do you call a reverse boom? An implosion? A collapse?

i do seem to recall that you were forecasting t/o nearer £20m - still on for that?

Trills and Chesh - so are you happy with the SP were it is when you were confidently forecasting 40p+

Are you still confident about £20m t/o.

I thought not but you seem to be avoiding the real issues (as ever)

NU I had not heard of Alltracel until I did a bit of research. Bizarrely GB quotes that as one of his 'successes'. Really! - by all accounts an unmitigated disaster for PIs although GB and his city mates did OK out of it. Does it sound familiar? TP are doing OK from their 5p warrants - no one else is.

No wonder Mrs GB bailed out and TP are getting out as fast as they can

So Ratty and financially illiterate Chesh are you happy with the SP where it is now? I think that you were forecasting SP circa 40p not so long ago. Are you still confident of turnover around £20m for 2021 which you were forecasting not so long ago? You really are looking very stooopid. All this boring trade by trade commentary (Chesh) and irrelevant 'research' (Ratty) and you seem incapable of recognising that you have been done. The Emperor Has No Clothes.

It's another Alltracel

This is a car crash and without orders this is heading for the teens.

Seems that Sloppy is trying to beat Ratty on the most irrelevant post masquerading as 'research'. Good try Sloppy but you have to try harder.

Back in the real world how about doing a bit of rather more relevant research like why are we not winning any orders and when will run out of money? Or are we going the way of Alltracel and all PIs getting burned?

The previous financings were incredibly expensive due to the options/warrants/shares shelled out to GB and his city mates. I fear that MSYS will be the same if that ever gets folded in to the sinking ship that is DVRG.

Frankly it is quite disgusting that GB calls the PIs 'rainbow chasers' when it is his city mates who are continually selling and undermining the SP.

Time for GB to go and for the BoD to bring in someone who can deliver.

It is blindingly obvious to all but the most deluded fantasists on this BB that DVRG is simply not performing. The half year results were tragic, barring a minor miracle they are almost certain to require a heavily dilutive fund raise next year, the so called China deal keeps getting pushed out – perhaps it will not happen at all, the breathalyser is going backward (why no RNS?) and the complete lack of orders.

The only surprise is that the SP has not dropped into the teens.

Great technology but a complete inability to deliver. Ever more jam tomorrow.

As GB seems incapable of delivering perhaps it is time for the BoD to bring someone in who can?

GB did effectively a whole presentation on the breathalyser at a previous AGM. I think that we can conclude from that that the breathalyser is an important part of DVRG’s activities. The breathalyser was due to be available commercially Q1 this year. If it has been moved to next year (or beyond) shareholders deserve a proper explanation explaining why , an updated timetable and any risks. To have the delay virtually whispered during a presentation, meaning most people missed it, is totally unacceptable but all too familiar for this company.

Details please.

Ratty - GB has not achieved a single one of the objectives he set himself at the December 2020 investors presentation. Are you the only one foolish enough to believe any projection he makes? He has been caught with his trousers down too many times for anyone sensible to believe in anything he says.

It is bad enough to have to listen to your nonsensical, irrelevant so called research but it is quite enough to hear your delusional ramblings.

How about GB focus’s on getting in a few orders this year rather than his endless jam tomorrow tic that we have just got so bored with?

Ratty - DVRG is at a discount to the placing because;
- it has failed to win any contracts of significance
- it is hemorrhaging cash and will likely need a highly dilutive fund raise in a few months
- developments of new products such as the breathalyser are years behind. Astonishing the delay was RNS'd and just whispered in the presentation meaning that most people missed this fundamental fail.
- underlying flat sales
- a CEO with a credibility issue
- rafts of options/warrants
- continually fail to deliver (see December presentation, no real mention of cruises lines, no progress on health pass, no progress (other than a tiny pilot) on MW projects).

It is an endless round of promises, failure, more promises, failure, more promises, failure. Shareholders have seen through it. There are only a few zealots, who are often financially illiterate, who do not see it. When you are forced to talk about an appearance which you have PAID FOR as the best bit of news then that shows the real level of desperation.

Time for GB to deliver some real contracts and sales or make way for someone who cam.

NU - I agree that the phrase 'rainbow chasers' is beginning to really grind, particualrly for LTH. The only people who are making money out of this are GB, some of the BoD, TP and GB's city chums with all their low cost warrants and options. They are they ones who are the rainbow chasers. Buy at 5p sell at 30p. Snouts are really in the trough.

To me this looks more and more like Alltracel where the PIs got shafted and GB and his city mates came away very happy.

Trills - you will love this. DVRG are a sponsor of the Reuters conference. They have not been invited because they have something interesting to say, they have been invited because they are paying. Makes the whole thing even more tragic.

So your highlight of a dire set of results is a speaking panel!! That is really sad and you seem to have the same financial acumen as your bud Chesh.

Back in the real world the company is chewing through money so quickly that it will need another dilutive fund raise, underlying sales are flat and the company keeps taking on more overheads. It seems that the market is rather more canny than you Trills - but we know that.

HelloSanDiego if you listen to the presentation at 22.30 GB drops in quickly and quietly that the breath test will not be available until 2022.

Sad that the rampers have glossed over this.

These are truly terrible results and I am sure that the more people who analyse them the more this will become clear. I fear that today’s drop is only the start. It is only the financial illiterates (I am talking about you Chesh) that seem unable to grasp how bad they are. I suspect a highly dilutive fund raise Q1/2 next year. Let’s hope that there are a few sales before then or the SP will mean that we are diluted to smithereens. I got it right before and I will get it right this time.

Tragic that so much time was spent talking about some meaningless virtual talk-shop being one of the highlights. Not surprised people are bailing.