Member Info for roger65

*posting

Neil - why would `i bother porting ever if I didn't own shares? If I still believe this will make it and one day be a huge success then I have the option of lowering my average. But I won't call this rosy if it's just a pile of sh.te. Which at the moment it is. My mistake but there's still hope. Somewhere down the track.

The CEO is actually telling everyone there’s more funding needed and they’re looking for it and expecting it in early 2024. Given the company’s current state people must surely realise it’s going to come at a hefty discount? By the time we’ve hit February I think the sp cd be down to 2.5p.

Nothing Cheek can say to numb the disappointment of so many. Well, those of a sound mind at any rate. Will RF provide further funding or has Cheek to go elsewhere? Either way it’s diabolical. This company is ALL about sales revenue. It’s pretty much been blanked in this report. Interested to see if anyone asks for specifics on EU sales too because as far as I’m aware they don’t have product registration yet anywhere outside the UK.

Cheek knows this is stuffed. Not a single cut in costs. Only £200k from DEVOTE. CEO is there just to take a salary. There’s nothing he can do. Buy out for £5m by Feb imo

5p today

Wonder how BigAI feels now he can see his numbers were just totally made up and based on nothing but wishful thinking….

Going to be a difficult day

Well it’s already halved since the placing price of .4p!

That seems more likely to me ohs

Thing is, that suggests they’ve known all along vdtk is worth having but have manipulated the situation to get it for peanuts. If it turns out to be this other company that Rob Richards I’d involved with then surely that will trigger an Investigation by the FCA?

Volume not surprisingly up to really good levels again.

looking forward to 5p

Ok looking at trades today this is looking more and more odd.

Sp dropped by 33% on a single trade of about £900. Then a three more and it drops to .15p. Since then, amazingly, rather a lot of buys and yet the sp doesn't budge back up. have the mms just arbitrarily decided they want this much lower?

Wow we've gone red. Did not expect that. Day traders?

Agreed.

PAS I know no one has a crystal ball but if something did happen here what do you think might be in store for the sp?

How can this be reported to the FCA? Do I just email requesting they look into the last two years or do you have to put something of a case to highlight unusual activities?

A director buys £150k worth in 2022 and since then the company has done nothing but decline even with supposedly decent sales going on with Metrotile and Lindab. Are the RNSs painting a deliberately bleak picture to allow Rob Richard's other company FlySolartech to buy up VDTK as cheaply as possible?

Directors hold a large number of shares here. Gavin Mayhew less than 2 years ago bought £150k worth at 1.5p.

Just doesn't add up.

Why on earth would anyone buy shares in this now?

What kind of money would be needed to buy it outright? mcap of less than £1m now.

I feel sick

Actually make that 89m shares. Unless of course they’d actually forward sold the lot but one assumes not.

The fact that Peel Hunt still haven’t sold any of the 70 odd million shares suggests the holder is happy to wait for something to come to fruition doesn’t it?

If they get the orders they will find the money to manufacture the tests. They may have to borrow at a premium but if they can show proof order are starting to come in and income will begin to come in then they will be fine.

Now, some won't want to hear this but..if ever there was a time for a CEO to come clean about how the land really lies then just after you've arrived in post is it. Cheek can delicately lay blame at his predecessor's door for the woeful performance of the company share price. This will be his one opportunity to expose all the skeletons and lay bare the hard cold facts. Then it's time to look forward, tell us his plan how to improve things and that with patience all will hopefully be well.

This is what I am expecting. Sp may take a further drop but a new road starts now.

And you've hit that rusty nail on the head twink99. 'Silence from the company'

jittery, nervous, worried, alarmed even. All things the BODs appear to be totally fine with. We have absolutely no clue what they're up to.

Hopefully hear something from them soon regarding the MOU with Net Zero Valley. Any confirmation on sales would also be rather helpful.

I know I'm going to regret asking this but....where do you get £14m funding from?

I would also urge readers to recall other posts from this Chaiwala clown. when the sp was at 11.75p back in Sept he strongly suggested there would be another 20 - 30% coming soon.

And in another disastrous stock VAST he recently and confidently predicted 5p. It's now at .14p

Take him or leave him. I know which bin he needs to go in for me.