Member Info for teabiscuit

Lb28 , such an angry person arent you. Always with the nasty comments and nasty language. Grow up and actually read what is said instead of what you want to hear it say.

When the company did the placing they must have understood the approvals landscape and the roadmap for their product. The 80p placing was as agreed by most a shocking discount but I accept it was arranged in a time when the share price was rapidly shooting up so it was slightly out of sync. However with db suggesting first sales in june and the 80p placing it is not unfair to have expectations that sales would start fairly quickly. Instead it has just been radio silence rns wise and the shareholders have worked out through their work that there are no immediate sales. The share holders has a right to feel gdr need to pick up the ball and work on their pr. Its poor management, giving out expectations that actually could not be met.

Cannot see any RNS this week for sales coming out. Makes you wonder why they so quickly did the placing at 80p to raise 8 million. They could have done it later at a higher price and we'd still have no sales but less damage to the share price. Great product, poor management.

LB28 - On BB like this all comments are basically opinions, there is nothing illegal about an opinion.
Currently more and more people are expressing their frustration that no sales have appears when DB gave the impression of first sales to be achieved in June, there has now been enough time to expect those first sales to be reported via an RNS. As each day ticks by without sales RNS it is logical to assume that the first Sales in June have not happened. People are allowed a different opinion to yours, if you cannot handle that then that is for you to deal with.

Oh wow MAgsy, you actually came off the fence and made a decision for once that I'm a boomer, this must be a first in your life to actually make a judgement, well done you are learning.

You need help Magsy, snowflake for sure.

Magsy, you are are due no apology, you sit on the fence all the time, never actually contributing anything.

LB28 why don't you take your own advice, people in this share have the right to question why things are not being doing and can express the dissatisfaction about the current lack of news. It is poor that GDR are not updating shareholders where other covid plays are even when they have no product. It is the lack of communication that has caused the share price to drop where it has and for many that is a serious loss of value for the holdings.

before we get to hear any news about the sales data. Seriously DB get your f sales team working 24/7 to sell a gold standard covid test to a world crying out for a gold standard covid test. Absolutely ridiculous that the shareholders are still in the dark weeks on after DB thought first sales would commence in JUNE. Get on with it GDR!

samolly2, if there is bad news do you think the MM will be kind, of course not they will be taking advantage, 80p is not a certainty for a strong support level when you are on the AIM market with the MM and the games they play....

I hope GDR also let the share holders know soon just what they have done with the 8 million raised through there poorly timed placing that lost so much value for a lot of pi's.

LB28 - How nany weeks has it been since CE and how many sales have been confirmed... NON! that is all we as shareholders need to know. How many distribution channels for the product have been announced.... You may be invested here LB but simply put they are not performing given they have a gold class product. Truth hurts sometimes but it is still the truth.

If NCYT had the product GDR has produced they would be shouting out to the world to buy their amazing product and getting sales in by now. I genuinely don't believe that GDR has the same levels of Sales experience and it has been a serious issue in GDR making progress. There is also no mention of distribution channels whereas NCYT clearly have the channels secured and AVCT even have channel with no product yet available. GDR fair play have produced a good product so we are told but it is starting to appear that they have little experience in actually selling to market... There Sales team either do your f job or DB get a new sales team in.

FDA and WHO approvals are important for the company, yet the most important aspect is SALES, which we have been saying for a couple of weeks now. Top tier product and no early sales, says it all and the shareprice is currently correct. I want to see GDR release some good sales numbers but I am not holding my breath that we shall see any sales confirmations this week. GDR seem to be good for technical ability but hopeless when it comes to selling a product, sales team get the f on with it.

It's simple, gdr has a world class gold standard test that it appears cannot sell. If it were such a brilliant test then first sales indications and distribution channels would have already been announced. If david does read these forum post seriously up your pr and media abilities and start producing more regular reports to the market.

If I have a gold standard product but have not been able to sell it to the most in demand buyers market currently in existence then the company needs to get people in whi can actually makes sales. Try Elon musk approach David, it may be harsh but it gets results!

The current price is based on the market believing in the potential of gdr covid solution and the small amount of money that has come in from the DOD sales.

If gdr cannot show in a short period of time that it can sell to what is currently the most in demand product in the world then the share price will continue to show the weekly slide down in price.

A lot of pi who have bought into gdr since april are expecting seriously good sales, if that doesnt come to be true then the price will struggle to rise.

There are issues that the company has yet to have issued any rns concerning sales or distribution channels. The Fda and who approvals will take time as it's all red tape to get through.

Gdr simply has to show good sales data soon, if they cant we have simply picked the wrong share. It's no good going on about the future poc test, they haven't demonstrated they can sell a gold standard test.

So still no sales data, no Fda approval nor WHO approval. India desperate for testing and suppose to be a key market for gdr yet still weeks on nothing, no evidence of any sales, no evidence of distribution channels even. It seems gdr are technically good to create the product but have no real savvy experience to actually ship it out to market. If they cant sell.quickly in this market then they seriously need to up their game. First indications of sales should have happened by now. Bd said expected first sales in june, with all the information at hand and they failed. There are lots of patient shareholders waiting for something, so gdr get your pr and sales teams in order and start bring in the orders.

Saint-tropez , the problem I see you are having is you are assuming that 1.) There will be great sales news. 2.) That with any sales data the market will rerate.

The issue is this is by no means certain to be true. Why should PEEL not continue to control the price when sales data eventually does.come through?

You are being overly optimistic that once some sales data comes out it will all be ok. The market does not work that way. Did you foresee at the beginning of june when the shareprice was at 170 by the end of june it being under 110. No I doubt t you even thought that would be the case.

The question remains why if DB himself thought significant sales in june where he has all the knowledge and data available to him have we not seen any significant sales then? If he got it wrong then that is a concern.

As far as I see it, he has until august to show some sales, if non are on the horizon by then I will seriously consider selling my position as by august in a pandemic with testing required gdr should have sold tests in significant quantities by then. If they haven't then there is a serious problem.

Beginning of june shareprice 168. End of june shareprice 112. So in other words the market isnt impressed. First commercial sales suggested in june has proven to be just hot air Nd the market doesnt like it.
It does not matter how good a product is, if you cant get sales it is meaningless. Some say have patience but the performance of progress by gdr in last month is bad. We are in worldwide pandemic and no indication they have sold anything yet in a time where it should be fairly easy to obtain first commercial sales.
How low will this go before those first sales and how likely are is the market to now react given the sentiment in covid testing stocks has faded. There is no two ways to look at it, june has been a bad month for gdr and its shareholders.

Its disappointing after the strong hints been given that sales data should appear in june that it's clear they cant be anywhere near getting sales data out.

That's all the market is interested in, potential in current market conditions mean nothing. Gdr can make the best product in the world but if they cant get people to buy it then there is a big issue in the background.

We ate in a global pandemic with testing key to getting through it and gdr cant produce any sales after what is now enough time for at least some sales data to start coming in. Gdr sales team should have been on this 2 or 3 months ago and the product shipped to potential customers over a month ago and yet still nothing. It's not good, in fact it is showing a problem.