Member Info for stocksaint

"My take is there is a possibility the 2nd £500,000 may not be needed! GLA"

The RNS says they've got funding until end of February, so how on earth would they not be drawing down the next tranche??

Yeah yeah Lionel, of course GDR must be the best, lol. The point was just that it's not a new technology by any stretch of the imagination (even yours)

New technology???!!! This tech has been around for years. Lol. Other companies have the tech. The design just needs to be slightly different for copyright. The firm in Singapore offering the hearing one for babies. A company in Canada has launched the same kind of test for stroke as well.

It's obvious that efforts behind the scenes right now must be about trying to nail down this loan. What is DN asking for I wonder? Warrants and seat on the board is my guess.

I didn't listen to the presentation but reading between the lines on here, you wonder if they're having more trouble than expected getting this tiny loan over the line. lol

I didn't say the loan wouldn't be approved. I actually said I expected it to be approved by last week. I was surprised it wasn't signed off in time for the results. You have to admit it's an pathetic situation that they only have £300k left in the bank though. Surely they have to agree virtually anything DN asks for so they can stay in business (a bit longer).

I'm surprised anyone is buying today. £300k left in the bank....and even the loan isn't in yet. Does it get any more desperate than this?

Yes, I suspect he's asking for some extra things in return for the loan.

I surprised they haven't finalised that loan by now....

This stock always falls after results are announced as newbies realise it's a bit of a basket case. But they bound to announce they've secured the loan surely, so that might help a bit.

Investormeet is on Friday. My guess is more vague answers to basic questions. Would guess they will confirm that they have received half of the loan amount this week, otherwise there wouldn't seem much point having a presentation anyway.

Seems like their strategy is now completely broken. Subscriptions down to zero! And Bitcoin keeps falling!

They haven't received any of the loan amounts yet. The loan document hasn't actually been signed. When signed and the first tranche received, GDR will RNS.

That's only if they get the proposed £1m loan (which hasn't yet been confirmed). As of now, they have a little less than £350k left in the bank.

Perhaps no one buying as they've got less than one month's money left in the bank and still hardly any sales.

You must have lost a lot of money due to ChatGPT then Jimi

Your predictions have been so accurate Jimi. lol: This is what you said in June:

UK national commissioning for CYP2C19 (likely £3m - 4m per year) begins when the implementation guide is published, very soon.

Guide publication = commissioning go-live

The commissioning statement is bundled into the toolkit, so the decision is effective the same day the guide appears.

When can hospitals claim?

In every recent example, NHSE’s letter says activity is reimbursable from the publication date forward, even if the NGTD PDF is formally uploaded a few days later and the tariff appears in the next monthly Payment Scheme patch.

Orders from stroke centres will begin immediately upon publication.

Pica's, NHS Resolution handles the claims for compensation/negligence claims. Ultimately, this comes out of the NHS's central budget. The announcement yesterday made it very clear GDR's stroke product cannot be funded through the central NHS budget. Get it.

BTW, you're not the only one on here that doesn't understand this.

And where will all these cash-strapped trusts get the funds to do that Picathartes, sponsored walks and hospital car parks? lol

(What today's clarification means is they can't use money from the central NHS budget to fund it)

Bighammer,

What it means is that GDR will get very little/virtually nothing in sales for this product in England and Wales. Simple.