Member Info for roger65

‘savvy patient investor’????

You said this well possibly be at 12p in a month. Don’t have to be very savvy or patient for that. Oh hang on, you were just ramping right? Got it.

Well you apologise Amers when I turn out to be right and you were constantly giving people false hope? Nah didn’t think so. Not long to wait now.

‘ The Directors remain positive about the longer term opportunities for the Company.’

Lol

GDR is on the verge of going bankrupt but the Directors ‘remain positive’! It’s as someone else posted the other day, like the dismembered Knight in Monty Python sketch - it’s only a scratch!

We’re red. This is ridiculous and clearly something not right. If share holders can’t get a fair deal and expect to be rewarded with an increase in shares value when majorly good news lands then what’s the point of buying any shares in KOD at any point in time? Just carp. Expected at least .45p yesterday. Not to be scratching around for the next positive news to land that will make the share price …drop! Ffs. No point in staying invested if you can’t rely on any information given to the market and it’s all manipulated by mms and major stake holders.

Hmmm well that’s the best and most convincing interview I’ve heard so far from these guys by quite a long way Hmmm hmmm

Engineered to fail.

FCA need to carry out an investigation into Directors antics.

I think one possible outcome here is that a PE firm will be awarded the 400m shares at a discounted price of about .1p and, as a share holder with more than 30%, they will be obliged to make an offer to buy then company. They will do this and the offer might be for .25p? And Gino will recommend share holders accept this or go into administration as they have exhausted all other possible funding options and come up with nothing better. GDR is taken private and Gino, Russ and the work force are saved. All designed for new owners to get the IP as cheap as possible and fcuk all existing share holders. Sorry but I just don’t see any other outcome as being plausible. Yes, it’s negative but surely if Gino and Russ were really wanting and needing these resolutions passed they’d be doing some PR. They aren’t because they’re covered now. If it’s a yes, they give the 400m shares to said PE firm or some US outfit like Beckman Coulter and hostile takeover is carried out. Or…resolutions are not passed and the company either goes into administration and said entity gets the IP even cheaper from liquidators or avoids that and makes the lowball offer right at the death . I guess in my mind it doesn’t matter which way the vote goes, it’s the same outcome. Gino and Russ sitting pretty. Existing share holders are wiped out. All very clever and devious. It’s AIM and sh.t like this really does happen.

Not if it's on AIM, no!

As far as many other things in life go, including all my sensible investments - and yes, that includes my £50k in Premium Bonds - yes, very happy thanks. Even the PBs pays me more than most of the sh.te I buy on AIM. C'mon, you all know it's a cess pit. Sometimes it works and the vast majority of the time it doesn't. Most of my losses on AIM are down to seriously questionable ethics from Company Directors who, at best, skew information it releases to the market and, at worst, tell downright lies.

I'm not anti IMM at all and DO believe in its potential. Jjust not sure about the CEO, Tim has a dubious track record to put it mildly. He has repeatedly presented a rosy picture only for nothing to come to fruition. Looking at what he has told the market only a few days ago you would imagine the share price rocketing by at least a few 100%, maybe even reaching 10p! As it is the market has decided it's only so interested in believing what Tim has spouted. Look back at the 1yr charts - and I'm not a chartist - and you'll see an almost identical rise at the start of the year, with huge promises and positive statements, only to see the share price drop all the way back to 1.5p over several months (not before a placing and equity issue are done though) and hey presto, here we are again. It looks to me like the market wants to see some hard evidence of these deals being in place before it stumps up serious levels of support. I'm in that camp. I may well miss the start of another good rise but so be it. This is AIM.

Jimi

1. Further Scottish phased adoption The revenue for this totals £800k so won't make any difference to GDR's immediate predicament.

2. More HASUs adopting Too few and too late.

3. Surely the conclusion to the NHS pilot. Possibly delayed further. Every single deadline from NICE or NHS has been delayed by approx 6 months. Conclusion may come too late and might well not be a particularly good one anyway. All too late in the day for GDR

4. Remainder of PALOH UK sites adopting. Not sure that will reassure the market that GDR is on the verge of commercial success given its track record to date.

The ONLY news that can land and save GDR is an announcement stating full funding will be granted to any Hospital in England wishing to start using PoC testing immediately. Let's face it, there's pretty much zero chance of that. NHS over £30m alongside various Health organisations and GDR only to make the pathway to commerciality so arduous and slow that the company which designed the tests and machines goes bust and the IP ends up in the hands of most likely a US firm, that will then sell it all back to the NHS for about 3 times the price it could have had it if only it hadn't been so slow.

What if Tim doesn't manage to cut a deal in the next 3 or 4 months? How much cash does IMM have before he might need to get the begging bowl out again?

Any prospective partner negotiating for such a deal will know full well IMM is strapped and can probably drive quite a hard bargain. I'm not saying Tim can't do it but it might not be anything like Humari in the first instance. I think anything similar to that will be much further down the track.

Thought that was Cheek's salary.... Think they paid him his full salary for a year after he left. If they've been paying Budd too then it makes it even more obvious - to me at least - that this was all stitched up quite a while ago. Beckman Coulter got involved and then went silent. I would not be at all surprised if it BC that bought the 66.66m shares through Peel Hunt and it is them who are waiting in the wings to take this company over. If they end up buying ot for a couple of million quid then they have done well but they'll probably have to pay Budd. Cheek , Gino, Russ and Gilham far more than that for delivering the goods for peanuts.

It's simple - and these are facts - for the last two years the Directors knew the monthly spend was way higher than their revenues could possibly be for Mt-RNR1 and CYP2C19 so what did they do? They carried on relentlessly spending £500k a month and keeping on an ineffective sales team as part of that monthly spend. They are STILL spending about £350k per month even though they are about to go bankrupt. Why? What good business acumen tells you as a company director that you should put your foot down when approaching the cliff edge? It doesn't make any sense and I'm sorry for existing share holders but if you've still got some value left here I would myself sell up and run or like me, just vote no to ensure these gentlemen earn a well deserved reputation as highly dubious businessmen who are happy to work for years against the interests of their own share holders, the very people who have contributed to hugely inflated salaries. Your thanks here is going to be one middle finger from Gino and Russ very firmly pointing upwards as they walk off with their jobs and salaries secured. Just my opinion and I've posted many times as to why I think that way. These guys should not be allowed to have any further roles within the UK as Company Directors. If they end up being rewarded for the demise of GDR and share holders losing everything then all the more reason to request an investigation from the FCA.

If there is an RNS before the end of September stating National roll out of CYP2C19 PoC testing then I will a) eat my hat and b) sell my 4m shares at 2.5p and c) never bother this bb again. Promise. Alternatively I will happily join any group of disgruntled share holders in putting a legal case together questioning the business decisions and running of the company by the current BoDs, challenging them to provide evidence that they took decisions in the last two years that were always in the best interests of the company and its share holding body.

They will have about £500k of debts around mid- Nov when they find they can no longer pay the staff and themselves. The workforce must be looking forward to Christmas

I find it very hard to believe the Directors will get 75% of any vote in support of the resolutions without engaging with the shareholding body other than in the recent RNS. They have made no effort in putting out any comms via X or any other platform to reassure their plan will work or is the right one. They just fan the flames of discontent amongst share holders, proving their disdain by ignoring the now innumerable serious concerns shared by so many. Nope, they stay silent at the most crucial moment in the company’s existence. Just all points to a Plan B they have up their sleeve which just doesn’t involve ordinary pis.

And…let wet forget, Peel Hunt are heavily involved in some way and I suspect it’s not out of the goodness of their hearts.

What options are left?

A. Amazing news in next two weeks with confirmation of National roll out to start asap. Mt-RNR1 or Cyp2c19.

B. Gino announces a traditional bank business loan at high interest rate but enough to see company through to + EBITDA.

C. Gino announces a lowball offer to buy GDR

D. Share price continues to fall, news from pilot study isn’t great and NHS delays rollout. Company can’t raise enough money to survive and goes into administration. IP is sold to highest bidder. Shares holders get nothing back from their investment in GDR.

Honestly, which seem most likely?

A. The one we would all like to see. Unlikely. Not impossible but too little too late to prevent bankruptcy

B. Just implausible given how much they need and how little they earn and of course management’s sterling track record in delivering results.

C. Again very unlikely imv because anyone interested might as well wait until the company is in the hands of the liquidators and simply buy the IP rather than have to take on the entire company and its staff’s wages and low level management team.

D. Can anyone say this isn’t the most likely outcome? All the others seem fanciful to say the least. With option D we’re nearly there already.

Jimi, what % of the vote do the BOD need for these Resolutions to be passed? If it’s as much as 50% then they must be bricking it. Although if they were I guess they’d be doing a little rope to try and persuade share holders to vote yes. They really don’t seem at all perturbed at the prospect of Resolutions being voted down. Again, all points to a deal having already been done. All the GDR employees must now be aware that they could lose their jobs in 5 weeks time. Haven’t heard of there being any more resignations since the dozen or so about 10 days ago. Interesting they all came during the week that the recent RNS info was being put together.

Ogm4 surely those were sells late yesterday?

Probably mms letting their mates out before Tim’s latest load of phoney baloney starts to unravel? Market being wary and waiting for something more concrete? Don’t forget this is a leaky ship as the so started to rise significantly on only a few buys so the mms were clearly in on it all.

Not sure what to make of it just yet.

Emerald, stop! You’re talking gibberish and it’s reaching the point where I’m genuinely concerned for you. Dare I ask how much you have lost on GDR?

I always wondered if perhaps peel Hunt were houlding that 66.66 million shares for someone else.

I’m afraid I absolutely don’t agree with there being a considerable amount of time left before September 15! At the current rate of decline the share price could be .2 5P by the time the resolutions are either approved or rejected. Either way 400 million shares Will not be enough to save the company and the fact that Gino and Russ don’t appear to be willing to do anything to help the situation just confirms that they’ve got this all wrapped up already for someone else.

Are the wheels coming off? Already? Tim bs not fooling many by the looks of things. Did well to get to 5p tbh but the market doesn’t trust this CEO and will wait until it sees hard evidence of a prospective deal rather than him just talking about the possibility of one