Member Info for roger65

Totally agree Tr1ck. Get him aligned with share holders.

Far better to have him striving for $100m up front from which he’d get a $2m immediate payout than string something out for 10 or more years and have a half decent salary.

Yep this is going to drop heavily as we approach close.

Directors haven’t bought shares here for years other than when forced to as part of the most recent raise. We have a CEO who is in no way aligned with posters here and more widely GDR share holders. He gets his salary plus bonus even if results are rubbish. We get nothing. If reports and results start to flow and are great then we do well but we do need him to start proving he knows what on Earth he’s doing in trying to take GDR into the commercial sector. To date he’s shown he hasn’t got a scooby!

With Budd at the helm I think investors should be worried about everything GDR! He’s got a track record for putting out positive statements and then going silent for long periods only for all the issues he mentioned to come to nought. That’s fact!

With every week/month that passes with no news (9 or 10 weeks now) the likelihood of GDR history repeating itself becomes all too probable. I’ve held shares here for nearly three years and it’s a clear pattern and modus operandi for Budd. Just my opinion but if he starts putting out positive messages again but without any news of sales then he’s working up to announcing another funding, which by early autumn and still no revenue he’ll need to put in place and know he has guaranteed funds coming in again to cover salaries & offer job security for GDR employees.

Trying to stay positive but on balance and ongoing evidence of no sales of anything (hence no RNSs at all!) things seem anything but.

Thanks Starres for informative posts amongst all the usual drivel. So basically you think we shouldn’t be expecting anything for another 2 to 3 months? Sounds about right to me but I would like to think we might hear something regarding sales of Cov POC kit in the 4 territories where GDR has a distribution arrangement set up.

Username…you’re a fool, and a bullying one at that. No idea how old you are but the manner and content of your posts suggest you are extremely immature. All in all not a great combo in life imho. Bad luck

It's been looking imminent for the last three years. That's what the BOD has wanted.

Excellent nissan. No mention of AIHL. Straws/clutching/at......

At this rate another 6 days without news and we hit the teens. Well done Budd. I'm starting to think you've some how managed to c.ck this up as well as every other assay GDR have developed. You're a unique kind of operator and your team at GDR must be so proud of your achievements on their behalf to let the world enjoy the benefits of your hard work and expertise.

Budd has got to go at the next AGM imho.

‘The tide will turn!’

Absolutely no guarantee of that at all, especially with POW. Day after day, week after week of slow sell off suggests otherwise too.

When it comes to junior mining companies on AIM it pays to expect nothing... 99% of the time you won't then be disappointed.

Still got a few die hards on here trying to convince people there's a genuine sale about to happen.

Give me strength…

Not according to their own website which announced severing all ties about two months ago… EUA is a British firm and their involvement would be specifically focusing on the sale of assets in Russia. I’m not at all convinced they’re still active myself but then again I’m not convinced by anything to do with EUA these days. Jam tomorrow. Sorry, jam in the relative near term…ffs

Mac - I thought Piper were now disengaged from any business with any connections to Russia? Have they made an exception for EUA?

Facts.I base my opinions and make statements based purely on what is in RNSs. There has not been a single RNS saying we've made sales so therefore I assume we have not sold anything to date that would warrant an RNS.

Risk - as for waiting a full year I'm not sure about that. They have already run the machines in studies in Greece for a year and it was on the basis of results from that that the Manchester Hospitals started using the machines. I think that part is largely done and dusted. It's now a case of one NHS Trust confirming the kit works and that they can ultimately prove it will save money in the long run. I personally think that could be done in one quarter, meaning we have another 4 weeks to wait for any news. Based on a report from NHS Manchester then NICE may be prepared to publish the kit as 'best practice'. That will get things moving nicely. I have a nasty feeling Budd said 'weeks' knowing full well that several months is also weeks. It means he wasn't lying but he also wasn't being totally upfront about what was next in any given timeframe. It's the way he operates and clearly the investment market doesn't like it or now trust him even when he does come out with positive statements, or else the sp would be a good deal higher than it is today. The only way the market will invest is on being provided with concrete evidence of sales and future revenue starting to grow. Nothing else.

Either Budd gets sales news out and it's good or we see another steady and slow decline in the sp back to the teens. We are after all only 3.5p away from there already.

relative near term. OMG so we'll still be here at Christmas time. What a sham this is turning out to be. The opaque comms were just too good to be true. Deep down I knew it but it's my mistake. Again.

The BOD have been trying to sell the assets for 3 years and before they've even got a deal over the line and rewarded patient share holders we learn via inappropriate channels that they are planning to spend our money on buying new assets... You couldn't make it up. John Meyer: 'massive dividend...'. Yeah right. If there is ever a sale the BOD intend to now use the money to go on playing games elsewhere. Long term share holders shafted. That's AIM for you.

My first entry price was below 2p. Perhaps I'll be able to buy some shares at that price again soon. Appalling but typical.

too little too late. No results so the only way forward is a much longer wait and a huge fund raise in the short term. This is heading under 1p. PJ is full of it. He's going to lose a lot of his own money ...oh no, hang on, he's the CEo of an AIM company. Fret not. He'll find a way of making money for himself first well before any ordinary share holder sees any rewards from their investment.

Tr1ck- I think most share holders here would be totally ok with RY presenting a deal in which he was rewarded financially as long as the sale price more accurately reflects the scale of the assets. If he presented a proposal in which shares holders walked away with 10p per share and he had a $1m or $2m sale bonus would many complain? Being where we are right now I imagine a fair few of us might leap for joy and say bravo! I realise every share holder has a different vantage point though so not even sure that would be greeted with unanimous glee…

Apologies, you’re totally right Starres. It was the PCR kit that was far too expensive!

beechknot; no way will GDR get to £1 on an RNS regarding AIHL, unless the entire NHS has adopted it and it attains 'best practice' from NICE. Most likely not even 60p. For that to happen we need proven revenue and thus far we have none. Zero. That's not happening any time soon as AIHL needs to establish a track record now it's being used in the Manchester Hospitals. Once a 3 or 6 month report is published stating categorically it has been a success and saved the hearing of several babies then I think the NHS roll out will begin in earnest. I'm surprised and disappointed none of the London children's hospitals have taken the machines on. Some of them are extremely well funded and the financial layout would be peanuts for them. Something else obviously is needed to advance AIHL's potential in the eyes of the NHS.

As stated many times before I think the Covid POC kit is now for the bin as most countries and large corporate organisations already have their own testing kits and systems in place. They're highly unlikely to spend a fortune now buying in new kit from GDR as the virus is on the wane. Covid may not be over but as far as all western Govts are now concerned it's just like the flu and will be treated as such. Money will go on new vaccines I suspect but not new testing kit, especially really expensive machines like GDR's. Sad fact but in spite of the quality of GDR's POC machines, it made it to market way too late to stand any chance of being sold. We've obviously not sold any in Spain, Portugal, Oman or the UAE in any great numbers or else we would have seen an RNS celebrating the fact - and more importantly the figures!

I think Budd may now be holding back on submitting AIHL for US approval because AIHL is proving slower than anticipated in generating income and it's too risky to spend £2m on the application with no guarantees it will be successful. With every day that passes and we hear nothing about sales of any products the more likely it is Budd is going to miss the boat with AIHL as well. As I've said, this is a massive area for the future of medicine and GDR will not be the only diagnostics company out there working their backsides off in trying to develop similar assays. Budd has a reputation for being slow and I think we're in yet another of his 3 - 6 month periods of silence where things just don't go our way. It will only take one company developing something similar but with more clout in the world of commercialisation and GDR will be swept aside. Again.

I'm going to sit tight for the time being but if we have another month of silence then I think I'm going to have to call it quits and just take the loss. As many have said, it's such a tragedy for the GDR scientists developing these great products that they are led by such a poor management team, in particular Budd and the sales people. Haven't given up all hope just yet....

Looks as if many are now prepared to hold their positions here and sit it out waiting for the next news.

Let's just dream of NHS adoption in say 40 hospitals to start with. I think that would warrant an RNS. It would set us on our way too to submitting an application for US approval. I'm not so surewhy this isn't being done already as supposedly there is cash put aside for this. I hope it's not a case of Budd sitting on things again until perhaps it's too late. Get on with it now! We all know how long it can take to get things going in the US.

I keep reading positive messages here and RNSs galore from POW but the truth is little by little people appear to be selling off rather than preparing for these amazing IPOs everyone talks about... Maybe some agree with me that the next likely thing to occur for POW is a whopping great raise because they're getting nowhere.