Member Info for stocksaint

True Guy, but I personally would like Amers etc to vote yes, to give me a chance to make some money here - though obviously that's unlikely if they don't manage to raise a decent amount in the end anyway.

Lol, I don't think poor foreign language skills are the reason there are no sales in these countries Emerald. GDR would need the green light of a local equivalent to NICE to sell meaningfully in Germany or France (and other European countries as well). CE marking doesn't get you very far by itself. The best bet is that some progress on FDA application ignites the share price in my view as that kind of thing tends to get people excited (although actually getting sales in the US requires other things like insurers getting on board as well) It's a long road am afraid.

To me most likely outcome is that PH will try go for one raise, maybe at smallish discount, say at 0.45p. Then they'll be that usual "retail offer" at the same level that's more for looks than anything else. And then PH trying to flip all the shares it's bought again. I know the samller the amount GDR manages to raise, the less the chance of being able to make a quick buck as a PI from buying in post raise.

Please don't vote against Lionel. Give investors like myself a chance to make some serious money.

I will personally only be having a punt on this (at obviously very low share price post placing, 0.4p for example) if they managed to raise a few million at least in one go. The last raise was for just over a million and look where they are now - they can burn cash quickly. I think catalyst for a share price rally post placing might come from news on FDA application but I'd want to see them a some cash in the bank at least to tied them over for 6 months assuming £500k per month cash burn (which might actually vary at different points in the year).

Question for me is how much they'll manage to raise (as not currently invested in GDR lol). If it's a very small amount, like just £1m, that means they bound to have to raise very soon again anyway so that would put me off investing post raise. Good luck everyone, including all the losers on here. You know who you are lol.

Seems very strong chance of some kind of RNS today. Cash could now be as low as £325k, assuming cash burn of £500k a month......

They just said they reckon £600k for current financial year. Assum 50% gross profit margin and that's £300k gross profit. Cash burn is £6m per year according to GDR, so less £300k, that means they'll ned £5.7m just to keep going for another year.

I doubt the completion of a pilot by istelf would of done much for the SP.

BD5Vant, Current visibility in current financial year is for £600k in total revenue. But cash burn is £6m per year! It's almost unbelievable.

If they have loads of finance offers, why wait till the last minute to announce/propose something? They only have £575k left now. Cash burn is £500k per month!!!

GDR definitley aren't going to consider cost cutting as I can see. That would have been an option back in April.

I noticed yesterday the spread had begun to widen, and today pretty wide all the way through...

Gloria, "inside rampers", nope. Just people surfing the internet and putting a positive spin on a very dismal story.

No, that's not me. I not come across that dude on youtube who's impersonating me. lol

"Snakes" - is that people who were correctly warning GDR was about to run out of money?

I don't think they can file for administration as they have no debt

Obviously, if an investor said they would put in £3m that could change things. But two caveats with that: GDR would have to cut cash burn in half if it was only £3m, to give them chance (or pretence) of breaking even in a year. Other obvious caveat is that the investor would want lower buy in price than current share price. (They virtually always do with fundraisings)

I just don't understand why anyone would invest in a company that says they've only got 5 weeks of cash left and still don't know where more cash is coming from so they can carry on in their current way?? But obviously people are still chucking money into this even now!!

Oh dear Metatron, how much have you lost on GDR? lol. you don't sound bitter at all.