RE: Response to Roger6523 Jun 2025 14:25
Receipt of CE-IVD certification arrived 3 weeks ago and...oh, not a peep from the BOD on any sales. Not from anywhere. Nothing in the pipeline or hinted at. Just nothing. Comms were always terrible from this company and after over six months away nothing has changed. It's a totally depressing end to what should have been a great UK success story in the biotech sector. Instead, as per usual on AIM, greedy and talentless company directors have looked after themselves and in the process blown it for a perfectly good company with fantastic products, all aided and abetted by greedy mms and private equity companies eg Riverfort. That was probably the very moment I should have followed my gut. Which Director knowingly gets into bed with an outfit like them unless they are deliberately trying to undermine the company and set it on a downward spiral. It could have been the case Budd was the instigator (acting on behalf of a potential future buyer?) and was later on made to walk by Gino and Gilham once discovered but by the time they realised what Budd was up to enough damage had been done to GDR to put the writing on the wall. Just musing on my part and only an opinion but they performance of the BODs has been spectacular. One of the finest examples of how to run a company and guarantee failure.
Needs a miracle to survive. And soon.