Member Info for Safy

https://twitter.com/sarahboseley/status/1290182325712674817?s=21

https://www.theguardian.com/world/2020/aug/03/coronavirus-90-minute-tests-to-be-provided-in-care-homes-and-hospitals?

Sarah.Boseley@guardian.co.uk

Just email the guardian and independent newspaper and say the government is inept and the scientists are saying xyz

Guardian has already posted an article or three on government bordering corruption on covid contracts. They would love to get this sort of information from you.

One guardian article can do more than 1000 of us could ever do.

@Ethio or ST

If you read this thread post it on the ODX board, im knackered after today.
This is just fecked up that its got headlines where the ONLY difference to a PCR machine is that its err i cant think of anything. There are PCR machines in the market that are not even that big. So whats the difference between a sample getting loaded into a test for PCR and this?

Also anyone who knows anything about consumer electronics, new technology takes a long long time to validate.

Does anyone remember Apple Antenna Gate, bendy phones, software bugs and issues, screen problems with the new X models, phones getting bricked on updates, poor wifi... they can get these machines out, but in a mass testing live environment there is no guarantee they'll work 100% all the time.

But its still a great invention. Can't take anything away from that at all.

Also for mass screenings they do pool tests now, USA does them, Quest has FDA approval for it. India do them too.

For those who dont know what pool testing is, why test 20-30 people individually when they dont have any symptoms, just load up all the samples into one test and see if any come out positive. If not 1 test rules out 20-30 people and in the same amount of time it takes to do 1 test. And if there is a positive then you just test all those people individually.

Im sure this government is inept and possibly corrupt too.

Its just a POC test, the magic doesnt happen in the blue cartridge they supply. The blue cartridge goes into a mini PCR machine. WTF!! and the mini PCR machine is TINY, i wonder how many tests it can do in 90 minutes... Not a lot is there answer

https://news.sky.com/video/covid-19-test-that-takes-90-mins-described-as-an-entire-laboratory-in-a-printer-cartridge-12041483

Yes its impressive, but its just a fancy £28 per test POC test. Whereas the PCR can load up at £5-6 a test give or take a quid or two and do 96 at once in the same time.

I can see a place for these tests, but they are not a replacement for PCR. Definitely not.

Given that my name has been dragged into this. Let me just say something. I am willing to prove to anyone by screen shot with time stamps that i have not sold a share in GDR in months. In fact i topped up when we had the SNG spike at around 90-95p. I am happy to share my share certs on HL too, anyone who has an account here should know they are embedded into the screen and cant be hidden, so if i had a recent trade itll show on there and it cannot be hidden by me. I have never communicated with samolly outside of this forum. I also dont agree with many of his posts. I wrote against one on Saturday when he said PCR is dead and this work with GDR is all a waste of time.

That's pretty low samolly dragging my name into this, if i knew something do you not think i would be the first to sell out and never come back, i've been as honest as i can with my assessment of GDR. If i didnt have a hope of getting my money back i would not be here. Infact i would have sold two weeks ago with the SNG spike just like you did.

And for anyone who wants to know what i know, which i already posted on this board last week is that the ICMR guys are saying 7-15 days for an individual submission. That made me very nervous, i wrote this too. Did that mean i sold out? no! I think i wrote today or yesterday that 1 approval is 20% for us in my head.

However I have also written before (check my posts), that i think the software was a problem back in June and early July. The feedback given to us on VOX was the software, and GDR fixed it, they improved it, they CE'd it. Then the news from certain posters on here was 2 months for ICMR, i rolled with that. Check my post 16th July GDR Update and i wrote mid August for ICMR.

Finally what throws mud over the ICMR 7-15 days claim here is that Divoc are now opening a lab, so i dont know how these things work. Would there be a lab accreditation now and the test would get swept in?, does the approval process get more / less complex, that could explain why its taken a while for approval. I still stand by my prediction of mid August for ICMR. Thats the two month timeline.

Secondly i've been to India lots of times and know the country well, i have contacts there who trade in the millions £. One thing they are not, is organised. So 7-15 days in the middle of a pandemic....

I shouldnt have to write all this to explain myself. Some people need a break from this forum. Every day same posts saying x,y,z, is better than GDR, every Covid company is better than GDR. And all the while they are not invested here.

ST for once i agree with you - i nearly had a heart attack when he said i knew something. FFS!

Anyone who wants to have a look at my portfolio is free too, ill even screen shot my certs so you can see that I have not made a single trade other than a top up around 90p when SNG went up.

He did sell at 95p though

47p end of August with no news.

I dont think its dropping that low mate. You're in a league of your own there.

Ethio i definitely have not said i bought in at 300p, i've been there since the spike to 300p that is what i said.

But my buy in was 100% over 200p, i just wrote 200p because i cant be arsed logging in to check on HL. Not on a red day.

people like me got in at 200p

we had no choice but not to sell, you could have sold at high 200's and made thousands. Infact all the way down to low 100's you could have broken even and walked.

I would have sold a long time ago. Without a placing this would still be down. A share with absolutely no news since placing. be serious, how could that have kept its price.

Jay - dont take it the wrong way

you got waaaaay too greedy mate. Or you believed the rampers.

36p and it went to 300p and you still held on WTF!!! and all the way down to 70p you still held one, i would have cut losses at 110p and walked.

Jay - was your buy in price 1.09?

Failure is a strong and harsh word, i apologise, but basically when they signed the agreements they did not think at this point in the year they would not be generating revenue.

Yes, but i know how divisions in an organisation work.

From Cytiva's 3 products, all off them are a failure

We are operating on a 60% margin,

Also for the record Cytiva have 2, possibly 3 failed Covid products on their books at the moment or put it another way 100% failure as things stand. They helped develop AVCT, GDR and Sona tests. We are possibly furthest in go to market, followed by SONA and then AVCT.

This isnt a topic for who has a better test so please lets not go there.

I cant remember the business term for this, but basically in order for us to profit and for Cytiva to profit (they absolutely do not produce tests for free) we need to book sales. If the early day 60% margins are not there, and lets be frank they probably are not anymore, then its up to GDR and Cytiva to negotiate more for less deals. This basically means Cytiva will give more to GDR for less.

So at the moment at least, the margin or just how much money we stand to make is irrelevant, any money is better than no money. There must also be play in the prices when doing sales. I would even say that with india producing a poor standard PCR test for around £4, there is still scope we can compete with everyone.

If Cytiva stick to their guns and margins they'll lose just like we do, frankly nobody benefits. Cytiva must have expected to make $$$$ of us by now. These commercial contracts are very specific, and hogging production lines / staff etc.... for no tests isnt viable for anyone.

Sam

You should have told me you were selling, i would have sold too or at the absolute minimum not topped up.

Andy

That is my hope too, i've written this many times that i think we can get 20% on an approval.

And Sam, nope, ive not sold a bean. I wish i did when we spiked up to over 100p, infact i naively topped up because i thought we turned a corner, how wrong was i.

Or Andy,

We just keep dropping by the day like we did a few weeks ago, get an approval and go up to 75p. Which is not too dissimilar to where we are now.