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Gino and Russ will not do the decent thing, instead they will fight tooth and nail to hold on to their salaries. That has been their no 1 priority and that won’t change. They have to talk to DN who must have a plan. We just don’t know what it is yet!

Any material good news right now will see this jump another 100%. Hold tight all

Slacker The monthly cash burn is currently down to £350k. Possibly a little less with Directors taking deferred salaries.

If DN has a plan and is confident he can turn this around then he may well be buying up every share he can whilst the sp is still under .5p. Only he knows what his alternative plan was and whether or not it can work and as of the last couple of weeks I would say he's super confident something can be worked for the benefit of all. He may want to get 29% of shares quickly before he announces the plan and then will see even more bang for his buck. I would not begrudge him any of that profit for having stood up to the 3 bozos. Buy all you can DN and then release the kraken

I suspect many are selling the shares they recently bought at .25p or lower for nearly a 100% profit. Don't blame them. Once that's done this is going to have a lovely afternoon.

DN said he had a plan to discuss with BODs for an alternative non-dilutive funding.

When we hear/see this that will be when the sp explodes. I'm hoping it's a very straight forward bank loan with no PE firms involved and complicated share/option/warrants being banded about. SP back to a penny will be a good start.

To take it private he would need 75% of the vote and he doesn't have that. It's not his intention anyway. I suspect he's keen on selling GDR asap but at a sensible price and one that share holders would be happy with. 2p per share

The current Directors didn't even consider selling GDR but were far happier raping pis repeatedly financially so they could guarantee their salaries, award themselves with bonuses AND eventually make vast financial gains by either taking it private or giving themselves huge numbers of options and warrants in future fund raises at the lowest possible price - all in my humble opinion. Anyway, I really hope they now realise how loathed and despised they are by many ordinary pis here and do the decent thing.

DN has NOT bought masses of shares at .35p to sell at .5p is my guess. Any sensible plan released in the next few hours could see this rocket back up to a penny+ in minutes.

Just wait until we hear DN's plan.

At a guess - highly speculative one too I confess - the only thing DN could know for certain he could help with a dilutive fund raise is by being willing to act as guarantor on a business loan, probably one with his own bank who know and trust him...? Mad? That way GDR pays the interest on it and DN doesn't have to dig even deeper into his pockets. One thing is for certain and that is he will now, having bought another £150k worth of shares or so over the last 10 days, do everything he possibly can to ensure GDR not only survives but changes direction fast and the sp goes much higher. I feel this is a great day for ordinary pis and one that Gino and Russ will come to rue in the future, They have proven themselves untrustworthy and incapable of running a business properly - honestly, who could ratify spending £500k a month for years when you earn almost nothing - and should be summarily dismissed and escorted off GDR premises. The staff will hopefully breath a collective sigh of relief as someone is quickly found who can put the company on a much more secure financial footing.

Excellent result. Am chuffed to bits those guys were not rewarded with another year of salary and bonuses.

The ONLYthing that has been negatively impacting this company in the last two years is its own BODs! Rotten to the core. Having done a totally sh.t job of running the company the Chairman now wants pis to take the blame if it can't continue. Roll your sleeves up man and do a proper job. Either than or F off and leave it to someone who WILL do it.

I wonder if we might see Cheek make a bid to return...?

Who is going to buy GDR? Well, no one knows obvs but...if there were any interested parties and they were waiting for the company to either go into administration or further destruction of mcap then that play has just come to a shuddering halt.

One thing I agree with Emerald on is that for a relatively small sum of money someone could acquire GDR gievn the potential revenue in just 3 years might be as much as £100m per year... even a far more modest target of £25m makes a purchase price now of about £10m or £15m look like money well spent. Don't forget there WILL be some good news at some point from NICE/NHS and also the FDA application being submitted will make this all rocket well before 3 years is up.

Agree 100% Caspion7.

Gino and Russ and Gilham all need to F off and put the company in trust worthy hands.

Well if there are two people in the same position it seems as if the dilution has already occurred then. I’m a bit dumbfounded because it even stated in the RNS shares would be issued on 16th Oct. So it’s happened 24 hours earlier and allowed the public to know the result of the vote before the GM was even finished. Highly irregular but this is AIM and it’s the GDR Board we are dealing with And we know they were utterly desperate to get this vote done and dusted as soon as possible.

Nothing to stop Amers posting them results here’s the second he’s out of the GM. We’ll all know well Bertie the end of today emerald

Why would he vote otherwise?

So your broker/platform knew the result of the vote and acted on it before it was RNSd by the company? Or whilst the GM was still taking place? Amazing

That’s how much the BODs love and respect you, you nasty grubby pi lol

How have you received anything when the vote has only just been decided. Brokers and platforms don’t react that quickly to Board Meetings. I think you’re playing silly buggers in order to Cause a reaction.

SYN - true but you ignore the fact it’s down over 50% from recent highs in just a month. Fact.

GDR has excellent products and enormous potential. Could any of us have envisaged the Directors would set about their task of destroying share holder value in the way they have? It’s only now that it’s become obvious what they’ve been up to that there’s a revolt in progress and DN is a big part of that. I repeat, surely he hasn’t just thrown over £100k in here to be diluted, lied to and with the only promise made that we can be confident the Directors will keep is that they will dilute again next year? I don’t think so. I really don’t.

DN must have bought over £100k of shares these last few days. Does anyone think he’d have done that only to risk instantly being diluted massively yet again? Being a successful investor one presumes he knows what he’s doing. Either that or an uncannily successful gambler