Member Info for Safy

Sam,

I see this going 3 ways

1) We get lows sales and have to ramp up and itll be a long journey, easy 6 months to realise value in SP
2) Its in the bag, pending approvals like FD said and another chap today - I actually believe this is really possible, not UK sales though
3) We get funding from Gates orgs and they subsidise our tests in poor countries.

And no i cant imagine we will get no sales ever. Just not possible in my eyes.

Sam,

The Genedrive® 96 SARS-CoV-2 kit is stable at ambient temperatures which eliminates the need for cold
storage, making the test very practical for Indian markets. Given its ease of use and temperature stability, the kit can be employed in remote and rural areas.

In India when they travel out to do tests, they have cooler boxes for storage (i've seen them in a video so not a ramp). They wont be carrying beads in the back pocket. Nothing to worry about there :-)

Ethio

No offense but thats a pretty lame argument pal.

BB posted 20 times a day, this is what he wrote.

Peel holding this back
X number dead today
Covid on the rise
Buy the dips
Dont want to be out over the weekend

In fact thats what most people wrote. Coupled with wild speculations about reaching £3 in a few sessions.

Madhav has bought us real news today, i posted real news from Walbrook, people dont like it but they said it. Another chap bought us no significant sales news from Walbrook, another chap posted an alternative theory that maybe its in the bag, weve had a solid post about WHO approval yesterday and how its conducted and linked it to our recent ISO, thats all 'real' news not speculation.

Notice how none of the above relates to buy the dip, X number dead today.... We are getting news in. Its not news we like but its something given the company is radio silent.

Phil,

Its looking like DIVOC are trying to make a few quid reselling GDR kits, if Dr Kanav is on good terms with DB why not, us pi's are doing the same too. If they have to apply for clearance to sell under their 'brand' it makes sense they would apply for ICMR.

What DB didnt make clear is who has applied for clearance in India, GDR, DIVOC, Arkray, all 3...?

Dr Kanav might also be working as a consultant for GDR in India. Cant rule that out either.
And if sales need to be made through an Indian partner, they have DIVOC and Arkray.

Sam

Dont knock doing own detective work, its a positive thing mate. Its what separates the good investors from the sheep.

Madhav

What he said sounds plausible.

GDR test runs on an open platform, that could mean using additional GDR tech to interpret the results. Without training nobody would know how to use it.

I've had some comms from Walbrook. The summary is below.

DIVOC is an enterprise seeking to bring new healthcare products to the indian market. This includes the Genedrive Covid test. GDR's commercial strategy is to explore a number of 'non exclusive distribution partners' for their test.

To me this means that DIVOC is set up by someone who wants to make money / save lives in India using the GDR test. They set up a website to tick a box, GDR dont have any say in that, they are probably working in India to secure sales by acting as an intermediary.

I then followed that question up with, if DIVOC is a non exclusive distribution partner, who is the exclusive distribution partner. The reply i got back was Arkray.

For me this answers a few questions. The fact that the company never announced DIVOC in an RNS. Nor have the company played up the link to DIVOC publicly or have they in the presentation? In my head DIVOC will now be its own separate entity trying to sell/resell the GDR test in India. Basically of little significance as they are a non exclusive distribution partner. Yes they might pull something out the bag, cant rule that out.

Having Arkray as the main partner is positive because they are a much bigger company and are bound to have better contacts in India.

ST - Still on your high horse

I am invested because GDR operate in a market where there is huge demand, its as simple as that. You keep bloody singling me out for deramping, look around and i told you yesterday, go through ALL of todays posts, all of yesterdays posts, and tell me if they are of your mindset or mine. Thats called sentiment analysis. Learn it, its a massively useful trait to have.

Your glass is always full for GDR, that is your biggest weakness.

You cant help but have digs, even when your trying to be civil, you just cant help it. If indeed i am invested here...if you were trying to be civil why would you write that?

I am NOT deramping, nor are ALL the others who post here. I would go as far as saying 90% of all people who posted today share the SAME opinion as me. Please read up objectively.

The negativity stems from you, EVERYONE is trying to prove you and a handful of guys who have a similar mindset to you wrong. Accept we have differences, dont attack people who share different opinions. Learn some bb etiquette.

ST

I tolerated you like most did on here, read the sentiment on the board FFS, Surely you cannot be that delusional that you cant understand what we are all saying.

Im not like you, mums teeth insult, thats what you said right.... we all read it. Intellectual disagreements are one thing but throwing insults like your mum...... thats low
Threatening to go on ODX yesterday because im invested there to deramp to hurt me even though i rarely post there
Now your saying he started it first

You've shown your true colours today. Well done.

Oh i can take it.... post anything you like. It'll just show you up for what you really are.

Ethio

I think you will find only 3-4 people on here dislike my contributions, the majority are in line with what i post and i am in line with what they post. Read the sentiment of the other posters.

I dont need to say anything more. ST has lost all credibility, spitting his dummy out. Everyone is calling him out, not got a leg to stand on.

Check this posts, he threatened to go on ODX yesterday to deramp there because he felt it would hurt me as im invested there. Bringing my mum into it today as an insult in another thread. The guy is a douche. We all know it.

Just because he posts 30 times a day on GDR with his subtle fake ramps doesnt mean he is to be respected. Its a public bb. I have an opinion which is largely in line with other posters here. Simple.

ST aka Mr Rampy Rampy

It must be painful for you reading genuine posts and not your BS ramps.

Let me just point out ANOTHER BS RAMP FROM YOU MR TURD

You wrote that at 11:17 today
"It obvious that the test kit was purposely designed for countries with a warmer climate and our CEO has announced Target Marget is India and Africa."

The May 22 RNS from GDR says this
Following CE-IVD marking, the Company can commence commercial sales in the UK and across the EU immediately. The Company will now begin distribution to potential customers for initial clinical evaluations, and aims to record first commercial sales in June.

How was our test kit designed for warmer countries if our FIRST target market was the UK and EU? FFS Knob Jockey give it a rest, weve all seen through your mindless child like rose petal covered turd ramps. Stop, your credibility is dwindling by the post you delusional twit.

Mavern,

Great post, its certainly one possibility. If a brilliant test is in the market, its new, the company obviously wants sales, then for any prospective buyer its a good opportunity to do a great deal. They will want assurances of supply etc, if a testing station changes their supply chain and testing methods, they dont want to do this for 2 weeks and then switch again.

Though the lack of updates for me is inexcusable, DB has time to post about Canada day and all that stuff, but not update shareholders.

@Madhav

I am in a similar position as you, i do believe that if the approvals come the SP will rise. My own guess is around 20% on FDA. But please dont take my word for it. Its just a guess. Others believe a 10% raise is more appropriate.

There is no such thing as deramping, nothing to be afraid of, speak your mind, ask anything you like. Just remember the names of the rampers, only a few left now. Any replies from them, treat them with the suspicion they deserve.

Back to your question, i believe two things have happened here.

The covid bubble was massive, and at the time we bought in, everything was 100% on any news. The downside was we bought in at a price which is at odds with the 'current' value. Will we get to 300p - not any time soon is my opinion, ask others and see what they think, just not the rampers.

The second issue is maybe the company or the rampers on here led people like us to believe GDR were ahead of the game, except there weren't. The fact that its taken them nearly 2 months following CE and we still dont have approvals probably shows that GDR were shortsighted, naive, hedged all their bets for the NHS etc etc heck they only tried to recruit someone two weeks ago on a 3 month contract, whilst all their competitors are recruiting senior positions full time. It could also be GDR just plain didnt have a fully market ready test package or the test results which work on an open source system didnt work like expected and this caused bigger issues than DB let on (DB admitted to this). I am not going to say us investors misinterpreted the company position in the market place because NCYT has made sales, ODX have made a small 100k sale. Globally lots of Covid companies are making sales.

@Madhav

Some African countries will accept CE for sales

No Omega is cleared to sell in India, GDR isnt, a similar post was also posted there.

Having antibodies and an immunity passport (if we get them) allows you to do anything minus the restrictions. You pose no risk and you can carry on as normal. In essence that is what the vaccine does, give you antibodies for a period of 7-12 months.

Except nobody knows for certain how long antibodies stay in the system post infection, so the question is how do you know?

Do an antibody test.

Cost is between £25 and £30 per test

I know the indian market very very well. This is still very expensive for the average indian national. Allow me to put it into context. A good above average salary is about £100 per week. To get a family of 4 tested, its a weeks wages. To put it into UK context, its like costing us £500 for 4 tests based on avg UK salary.

India is a big market, no doubt, but dont let anyone fool you saying all of india is up for grabs. This is the same for all Covid companies wishing to sell in India not specific to GDR.

Rookie - probably all of the above mate

They only put out a vacancy week before last for someone to work in approvals on a temp 3 month contract. I look around and every other company is recruiting heavily in this sector.

Anyway it is what it is, at least now we know the issues we face, its all out in the open.

Fixed costs for anyone who wants a test in India. This is NOT a ramp, we dont have approval to sell in India yet.

https://www.livemint.com/news/india/mumbai-allows-covid-19-testing-for-all-no-doctor-s-prescription-needed-11594143069721.html