Member Info for roger65

I believe the deadline is end of today to vote?

Unless they have special dispensation to buy today and vote immediately with those shares - not something granted to ordinary pis of course - I don’t see the point of rushing to buy today. Unless DN now knows he has enough to get the resolutions thrown out and is simply buying more to gain control? The BODs clearly don’t wants him anywhere near their plans (can’t think why!) and are doing everything they can to avoid him muscling in and forcing them to reduce their salaries. If they had bought more shares before reducing the nominal value to 0.15p and reduced their salaries by 50% I would have more sympathy. As it is I have none and just hope they are for the high jump asap

You, the ordinary share holders need to be represented and protected from this financial rape. Gino and Russ are the perpetrators of it, not the saviours!

This is blatant manipulation and MUST be investigated by the FCA. Peel Hunt imho are involved and attempting to influence holders. They have sat on the Bid for the last three weeks even when there was supposedly far more buys than sells and now, all of a sudden they’re letting it go up with an over inflated helium balloon!

We can only hope these late buys aren’t Allenby clients and that they find a way to use them to vote after the deadline the rest of us have had to abide by. I would not put anything past this lot and Pwel Hunt to get their way. Hopefully it’s DN or maybe, just maybe Emerald for once is right and there is a Bid on the way. Maybe someone interested in GDR has just had enough of the fiasco playing out now in the public arena and wants it taken off the table.

What this Board of so called Directors have done is an outrage and a complete slap in the face for pis. Not one shred of humility for doing such an appalling job and reduced investors by over 99% from just 2 years ago.

It’s either DN and English buying up cheap stock or the Allenby client buying extra shares but I’ve a feeling they’re too late to vote now ? I was told yesterday if I bought share today on HL I wouldn’t have enough time for them to be registered for the vote…

Yes juxtaposition, unless there is news of a deal, and in which case it will whizz past 20p in the blink of an eye and who knows where it might stop. All depends on what deal

Ishty - so are they trying to tell us that there is no good news on the horizon in the next 12 months that could shift the share price and allow the company to do a placing with a much higher share price and secure future funding? Oh what happened to the ‘any day now’ news spoken of by Gino back in May? Oh no, hang on, that was a lie wasn’t it. They are not worried about resignations, they are worried about their own salaries! As always with this lot it’s a me-first operation and they’ll ruin and rob anyone they can to maintain their pay cheques.

Ok now they are clearly desperate. This is basically telling share holders to give us the control we want or we’ll ensure you lose everything.

DN might have no previous experience in the medical device sector but where has all the so called ‘experience’ of GDr’s Board got the company.

And the funding will be used to continue to ‘drive sales’. What f…ing sales?? The company has employed a sales team for years and sold almost nothing!

They are out to utterly discredit DN and must realise the Resolutions will be rejected and they will then have to engage with DN on mutual terms to discuss a seat on the Board. I am in a rage reading this RNS. It is their fault 100% that the company is in its current position but they are trying to use DN as something of a fall guy. Just incredulous at how low they stoop and do anything to rinse ordinary share holders of everything. They have not once offered a single sentence of humility for missing every timeline they’ve ever issued themselves, destruction of the share price by 99% and now dilution from 85m share to potentially 4.8 billion 4.8billion!!! And still not having achieved any meaningful sales. It’s another jam tomorrow RNS and they should be ousted at the soonest possible moment. I am just furious reading that

Totally disagree allguessing.

Firstly, if it wasn’t in doubt that the directors would get this next placing through they would not have threatened existing share holders in the recent RNS nor would they have gone to such lengths to keep DN out of their affairs as a Board at all costs, and issue an RNS in an attempt to discredit him.

75% of the votes are required to pass. That means if DN (& I assume Mr English too) own between them 15% of ALL voting shares and they both vote NO that will almost certainly be more than 25% of the votes polled going on how many people bothered to vote in the last placing - and that was only about 3 or 4 weeks ago!

There is only one reason the BODs are trying to rush this through imho and that is too secure their own salaries and ensure voting control is in the hands of them and their private equity partners and Peel Hunt. Enough is enough or you’re voting for more of the same and ALL ordinary share holders will end up With nothing. I just fail to see how voting YES can be the right option. I’ve been here over 5 years now so have a good perspective five on just how badly the company has been run. There’s huge money to be made from GDR’s tests and that’s clearly become a horribly devisive issue for our particular directors who will gladly effectively take thousands of pounds off all of us whilst being reluctant to reduce their over inflated salaries by a penny. Even now they’re not accepting taking anything less, only a deferral - and you can bet that won’t ever really happen and will be obscured by options or warrants in the small print. These guys are dishonest and must be stopped. I would rather take my chances with DN who is aligned with my interests as a tiny ordinary share holder

As a few have already pointed out, we’re the Resolutions passed then that is the door opened wide for whatever the Directors wish to do in the future. Another placing whenever they like and at whatever price the Allenby Clients tell them they want. Issue is another billion shares at .2p and we will hand over the cash. Rinse repeat ad nauseam

I think for many here it is slowly dawning on them that, whilst there is no clear alternative for funding right at this point in time, if the BODs are allowed to go forward unchecked then there will never come a time when pis see a return on their investment. They have been lied to over a period of time and there will be nothing to stop them from taking the company private at a moment’s notice and there will be nothing pis can do to stop it. It is absolutely crucial the Board are stopped from granting a massive swathe of new shares into the hands of lenders of last resort who care not one iota for the interests of ordinary shareholders holders. I bought another £2500 yesterday but fear I might be too late to use them to vote No. I hope to god this isn’t handed on a plate to Gino, Russ and Allenby Clients.

Agree 100% Greg22. The thread of common decency should be prevalent in every area of society and the business world should be no different. The GDr Directors have a duty of care in a way to their shareholders holders. A contract that should be watertight and engender trust and support from your share holding body. These Directors clearly imo abandoned that quite some time ago and decided to look after themselves first, very much to the detriment of ordinary people making investment decisions based on half truths. How the hell can anyone back these guys going forward. Leopards do not change their spots and they have now shown their hand as to where pis are in their thinking. Force change and be brave, even if it’s not road mapped. A yes vote is essentially voting to give the Board the control to take this private when ever they like and wipe you out completely. Personally I think there is a far greater chance of the company recovering if this is rejected and there is new blood on the Board to help determine a new Modus operandi in dealing with its finances and all of its communications with the outside world, hopefully all based on 100% truths!

Mortalone, more scaremongering ffs. The company has just done a funding and is financed until end of February 2026. Everyone is assuming there will be no good news before then to oft the sp and mcap and prospects of a much better funding deal! To say it might not survive 2025 is just misleading.

I am convinced Gino and Russ will not risk letting the company go into administration or else they lose their jobs. If anyone did move to buy the IP the very first thing they would do is sack both of them and they must know that!

First, get the Resolutions rejected, second give DN a seat on the Board and third then work with him to arrange the funding needed going forwards after the end of February. THIS DOES NOT NEED TO BE RUSHED THROUGH NOW. Why are they doing this and to such a massive extent? I honestly think they know good news is not far off and that doing things this way keeps DN off the BOD and they can be in control of how much they get paid and bonuses for organising the last two placings - don’t forget they were awarded bonuses in the past for arranging funding agreements! Total joke, only no one is laughing

Agree, best to ignore but…it’s too exciting not to keep peeping in to see if a little red dot has landed. Realistically I’m not expecting anything until early Nov at the earliest because of any deal is major the negotiations and DD will all take longer.

Uh-oh, Stevewilliams has just called it ‘ Moving time’

It’s going to drop for a bit lol

Why on earth would it mean suspension?! That’s more scaremongering. The company is now funded until at least the end of January and in that time good news is expected. Why should GDr cease to trade? Clown

Any good news - and the current Directors don’t have a choice to withhold good news from the market, it must be RNSd - would see the sp recover significantly and then another placing could be arranged at a higher price- but that of course is why Gino and the Allenby clients want to get it fixed up urgently, make themselves a bomb and rinse pis sooner rather than later down at these levels.

Mule - F off. You’re a day trader and been here 5 mins and just waiting to get out with your 10% but now realised you’re going to have to bide your time, like everyone else. You’ve been posting since the last placing was done and simply thought you could make a quick buck.

With the potential revenue they have talked about it’s difficult to imagine no one has their eye on GDR. It seems to be a case of ‘shed the retail investors no matter what it takes’ . If anyone agrees that the Directors have not been truthful or acted in the best interests of the Company AND its shareholders holders then they need to be ousted asap. Not rewarded with massive salaries.

Why didn’t they lay staff off a year ago when it was obvious they were going to be in a huge financial hole? If they had started doing that - the responsible thing to do - they would have been challenged immediately to reduce their own pay and, as everyone knows, they are greedy and don’t even now want to take a penny less for bringing the company to this sorry state. They’ll defer 10% but no one knows for how long and they’ll get it all back as soon as they can. Maybe the extra billion shares funded by whoever will actually provide them with an excuse to announce they now have enough cash to pay their full salaries. It’s a gravy train with some unpalatable passengers on board and DN and Mr English need to get in there and do some cleaning up.

We don’t need to know the funding package right now, just that it would be DN driving things forward with someone - anyone! - other than Gino and Russ helping themselves with massive salaries and bonuses (ffs!) whilst the wheel.

I stress again that Gino and Russ are highly UNLIKELY to let their jobs and salaries go so they will be forced to work with DN over the next 3 or 4 months to come up with a good alternative funding package. Honestly I think that’s better than taking another shafting only for the BOD to come back another 2 or 3 times and do exactly the same next year. If DN and English have so much invested here they are NOT going to let it go to the wall. I know it’s a risk but I think the BOD are going this route to protect their wallets rather than it’s the best thing for ordinary share holders. I’m voting NO the second my shares bought yesterday give me voting rights. Only £5k but every little helps.

Imagine in early November there being good news and the sp doubles heads back towards 1p. The next placing could be done at a price of .5 or .6p. Easily possible imv and I think the NHS/NICE news can’t be delayed for another 4 months. They’ve held it up long enough now.

I think the resolutions need 75% of the votes cast to approve them.

DN and English together only need 26% to guarantee they get rejected. DN already at over 12%, English at 3%, if the 22m was DN buying then that’s another 2.5% which he won’t need to report yet if it’s part of a major purchase and he’s notified authorities. He needs to move fast and then with only a few pis they will get the Resolutions rejected. Remember it’s only 75% of the votes cast required to approve the Rs. If DN and English can muster even 20% of the voting rights they’ll likely achieve their aim and then the Board will be forced to listen to them and offer DN a seat at the table. Then GDR might take a very different direction and one that works brilliantly for pis