Member Info for Retireby40

The £1.4m Qatar order will be included here -

The Company has a substantial order book of GBP8.87m for H2 supply

Not too bad at all. Mentions new framework agreements for labskin which is positive. Hoping KPIs are introduced for the annual report next year.

Cash in the bank, no more of loan drawn down but £1.5m needed to be paid before YE and payments early next year so getting as much cash in a pos key both collecting payments and hopefully getting nearer to £20m FY.

Sorry I think someone mentioned before. I had another scan of accounts while cycling in the gym!

Hope that’s the case. 52 week low. No more jam tomorrow cuts it. Hopefully pleasantly surprised in interim.

The market doesn’t trust the CEO and that’s a big issue. People not invested here talk about GB’s ramps as to why they can’t invest.

If margins are a little worse-off and our revenue is £18m let’s say cost of sales £8m (55.5% margin) so we have £10m left. Last year our admin costs were £8.7m and they will have clearly gone up this year. We will also have £1.5m in loan fees to pay back so does anyone really think we will generate cash FY?

I’m sitting on 350k and will leave here but we are at a 52 week low and GB on borrowed time. Tech amazing but management poor.

China Resources?
UK PD testing (initially to conclude Q1)?
BT progress?
STC update?
KPIs, nah not ready for them. Absolute joker. Interim report will be interesting. I hope bad news priced in as H1 usually poor by comparison so hopefully priced in.

I am not giving the climate change denier and fraudster air time. As below there are suggestions a loan repayment is due in October and suggestion it will not be made. That is a lie. The first drawdown was in March and due 12 months later so March 2023 as per the RNS.

Do some research. March loan was taken out. It’s not death spiral finance. Look it up.

A positive RNS this morning. Hopefully it’ll lead to more such projects. Water of course the hot topic and it should remain so for a good while yet. Hopefully momentum can be built.

We got the interim last year on 15 Sept and we got the notice of results 12 days beforehand on 3 Sept. Notice of results RNS surely this week.

Well they are burning £1m/month and had £17m at June 30. I suspect they will want to issue some positive RNSs and get the share price somewhat higher before another raise given the last was at 40p. The webinar in a few weeks should be interesting.

What an absolute shower of ****. Check out last year’s rem report, CEO and CFO got packages worth half of total revenue. Bob Head who leads the rem committee needs to go. They seem to be appointing all these seemingly great people with all these pitches but clearly can’t convert. A joke.

I wrote that out of trading hours so chill. Winnifrith spreading nonsense and yep I should have known.

Problem is when someone is dumping and we have Riveefoet and YA as creditors it doesn’t look good and easy for TW et al to spread crap. I should have re-read the loan RNS.

Am out and about but yeah good point! It’s just someone else selling which is better than Riverfort. Still very ugly here.

I don’t think the co will fail in the near term but I’ve just seen Winnifrith (who talks a lot of ****) is suggesting our creditor is forward selling shares. I really hope he talking crap as that would be a disaster. Hoping the large sells are from elsewhere.

SKIN, RInocloud and MWG around before him. Yes he put DVRG together and has vision. I am fearful because some entity with a lot of shares has been dumping 100k lots for a while and increased to 200k today. Clearly lost faith and getting out at even this low price.

He should be keeping his head down delivering and use social media on occasion but all day every bloody day. He’s unprofessional. Shouting out when his wife sold here to buy MSYS, also many other things I won’t go into.

Point is the share price is on its knees and he’s not taken seriously which is why we have so few serious investors and those that got in at 30p will be peeved. A shame as the tech is superb and potential massive just need a serious CEO.

Interim key. See how much money he’s burning.

Someone/entity has been dumping 100k shares at lower and lower amounts so desperate to get out. Just increased to 200k. Doesn’t look good and clearly lost faith in GB. Great tech poor CEO. Spends more time on Twitter reposting rampy tweets from retail investors. Embarrassing and desperate. We need a proper CEO who will create sustainable shareholder value rather than over promising and under delivering.

CR deal should’ve been signed according to GB over a year ago, UK Pd testing we were told end of Q1 and nearly in Q4, BT pumped 2 years ago, implying all sorts on Twitter when he should be delivering. Interim’s due 15 Sept if working to same timeline but I suspect will be later. Need to see cash position and debt.

Surely you can see the market has lost faith in him. We are back below 1p in old money. Little wonder he wanted cash rather than shares and his wife sold. Mind you she bought MSYS which also collapsed.

We need a 50% uplift to get to the raise over 3 years ago when Rinocloud was bought. Yes it’s a beer market but this has been shambolic since he ramped BT and his mates dumped their shares.

A tier 1 skincare co?! Maybe we’ll get an MOU. Oh hold on.

Another 100k dump. Looking very ugly. For all GB’s ramping and tweets it’s about cash generation, see what the interim brings but many have lost faith in him. Plain to see.

Trills, very simply - revenue for show, profit for dough.

I thought China resources deal was meant to be concluded over a year ago, PD trials were meant to conclude end of Q1, 25% down on guidance and no large orders in so less than £20m likely as does that mean cash burn?

Share price says it all. I’ll see what cash burn is at and decide then. The happy clappers on Twitter are as embarrassing as GB’s ramping.

Wonder when they’ll introduce KPIs or at least be transparent and let us know where the revenue is coming from.

Remember we are lower than the raise at 1.4p over 3 years ago. GB said give him 3 years. I’ve done 3.5 years. Sure he’ll wanna see the back of me anyway!

Good night all. Over and out.

Not sure whether you’ve been in sales but not only this guy but many DVRG reps look scruffy and unprofessional. Obvs much bigger issues at play but it comes from the top.

Interested to see what the interim brings and how much cash is being burnt.

Really hope GB isn’t spanking much needed cash on LFTs.