Get real24 May 2023 10:27
Alamo55 - get over yourself.
Any CEO playing with investors money and repeatedly failing to deliver any rewards is going to be under scrutiny. This is AIM and it’s a cesspool. Sentiment driven and often built on hype. GDR have two excellent products but at every step of the way Budd is either off the pace in getting things lined up eg products registered with Distributors and more crucially a decent finance deal to safeguard GDR’s work going forwards, or is far too inactive in putting out comms just to make investors feel like he’s actually doing something or at worst he’s not Crystal clear in what can be achieved with each ‘milestone’ approval or recommendation.
Personally I think this is the second time DB has let pis get ahead of themselves. If, as some here think is true, DB does read this BB then he will know full well what most of us mistakenly thought would happen at the end of March. He at no point waved a flag to stop the huge surge and say we’re looking forward to getting ‘conditional’ recommendation or that significant sales are still years off.
I think it’s the appearance of being aloof and above it all that irritates me most. Yes it’s my decision to buy shares in GDR but I then expect/hope the CEO is capable of delivering what they say is their ‘focus’. At least to a degree. After more than three years invested here we STILL have almost zero sales and are now learning sales can’t happen in many territories for months if not years because of delayed actions on product registrations and submissions to similar bodies to NICE to even permit the sale of said products in those territories.
The one person who isn’t suffering financially in any way from this poor performance is the CEO himself. That’s what sticks in the throat of people like myself. The long periods of silence don’t help anyone. DEVOTE funding could help sentiment. FDA news would help. These are out of his control but no news never leaves investors feeling great.
Hopefully there will be one more surge in the price come August September in anticipation of NICE news in October and then lths like myself will finally sell and breathe a huge sigh of relief and leave the rest of you willing to stay in for another 3 or 4 years Bon chance!
Until then Budd is fair game as far as I’m concerned as it’s my money he’s rewarding himself with whilst failing the company and its other share holders. If you don’t like what I post then by all means use the filter. That’s what it’s there for. And as for defamatory posts, get real. There’s nothing said here that unfortunately isn’t true about DB’s performance to date. I wish that wasn’t the case