Moving Forward13 Feb 2021 14:19
I am looking back at JR's input and company in the group, Gyrometric. What exactly has it achieved in the last year?
Nothing. They announced a sales agreement in Feb 2020. 1 year on and not one announcement of a sale.
https://gyrometric.systems/sales-agreement/
Then in July 2020 a patent agreement. Wow ! amazing, and still nothing since then. This is a non starter imo and needs to be binned. If they have sold nothing in a year then to me that says one thing : PRODUCT NOT NEEDED. MOVE ON.
Pouring more cash into this is just a complete waste of money.
The next division : Cloudveil : Poxy website built on WIX ffs!. No sales, No News, just another excuse for draining cash. I mean what does this mean :
"Founded by Hugo Gillum-Webb and Jonathan Thomas in 2017 to provide elegant solutions to wide ranging problems." !
From the accounts in June 2020
"Cloudveil Limited ("Cloudveil"), the intelligence services and security risk management business acquired in September 2019, whilst also suffering delays and changes in scopes of work caused by the pandemic, has also experienced an unprecedented level of enquiries for its services from a variety of blue chip companies and other private and public bodies in the UK and Europe, and is at an advanced stage of negotiation of commercial terms with a number of these potential customers. As a consequence, Cloudveil is forecasting significant growth, including through sales of IRIS, over the next eighteen months, including contracts expected to start in the forthcoming quarter"
Well what happened there ? again NOTHING. These 2 compnaies need binning, they are just going to drain cash.
At best I would say, you have 3 months to produce something or we are binning cash support. They have had long enough and produced sweet FA.
The Jewel is Pharm2Farm. A number of genuine products which will/are selling. There are IMO 2 massive opportunities here. PPE with the antiviral layer, face masks, gowns, etc etc, and the Citrus Greening Cure. All we need now is for the BOD to update on these projects (especially mask production) and the SP will rise. It will rise even further if none of the £5.5m in the bank is drained by divisions that have clearly not worked.