Member Info for TWatcher

"Interesting that Omega Diagnostics has a lot to offer investors"

So interesting you posted the entire thing all over again, looks like you see lse as a vehicle to promote your twitter account ?

Ah the old £3-£7 a test, ladies and gentlemen, I present the new merchantbanker.

"I am sensing that FDA approval could land at any moment. Fingers crossed for an intraday RNS."

just to be clear, is this "spidey sense", are you feeling it in your water ?, did you have a recent out of body experience ?

When you say "any moment", do you mean immediately, which as we know in your dictionary can mean long term.

I guess a moment in an indefinitely long period of time from today still qualifies as a moment.

How many shares did you buy on the day you were telling people it would be silly not to buy at 45p ?

Those that followed your advice are currently down over 75% in their investment, how not silly do they feel ?

Or is it "not my fault gov, everyone is a big boy, just because I ramped the share at 45p, I feel no responsibility at all"

wadora, do not be bringing a sense of reality to the thread, the cheerleader doesn't like it.

Remember the day after that DAM order was announced, it was made illegal to sell the ODX test in the UK. ODX said that day "This new legislation is not expected to cause a delay in the supply of Omega's VISITECT(R) professional-use COVID-19 Antigen test to DAM Health clinics in the UK under the agreement announced on 1 November 2021. "

That was over 3 months ago. The only way the CTDA did not cause a delay, is as postulated at the time, DAM had a proviso in the contract that said they order was dependant on have all the required regulatory approval. Anyone contracting for a test for a particular market place would ensure that the contract stipulated that the test was legal in the marketplace.

Crober33 5th Nov
"12 months!?! im giving it to xmas then im out with ££££ lost but if nothing has happened by then im not sure what will happen..."

Crober33 9th Nov
"Not happy with SP but at this price you would be silly not to buy, was happy to buy 50% higher"
(on the 9th of Nov the ODX SP was 45p)

Wonder how many people followed your advice on the 9th of Nov and rather be silly, bought ODX at 45p ?

The questiion is, what are you still doing here, you were to be gone by christmas.

What is it with people giving a link to a tweet that just parrots what they posted on here ?

Are people now using lse as basically a way to get people onto their twitter channel....this is not an advertising channel.

"For every positive they have a negative"

"For every ramp, they have a reality check"
I fixed that for you,

The depressing thing is that 28 people read the first post on this thread and recommended it. Meaning they
a) Agreed that immediate = medium/long term
or
b) are so desperate for actual real good news, they'll take mostly dressed up old news and fake good news.

It is worth noting that in the original post, the author posts links to his own twitter account no less than 10 times when citing reference articles. Of those tweets, 2 of them include links to outside articles, the other 8 are simply him saying the same thing that he just said in this post.

So basically, the citation he references in the original post are mostly just him saying the exact same thing again on twitter, someone needs to tell him, that citing yourself as confirmation of a statement is not how it works.

But I guess of the 28 people that recommending his post, most just gave it a cursory glance, saw his upbeat happy clappy demeanour and recommended it, without actually reading it and following the links

Whereas I did follow the links.

At this point, you are just rambling.

Immediate does not mean medium/long term, no matter how many time you try to divert the conversation away from that fact.

you defined immediate= medium/long term.

That's not what immediate means, everything else is just smoke.

more importantly, where is the pandemic ?
https://www.bbc.co.uk/news
https://edition.cnn.com/

Not a single covid related headline on the front page of news. That thing you see in the distance might be the rear end of the pandemic opportunity boat that ODX almost unbelievably managed to miss.

Unless Mexico has no legislation whatsoever, ODX will need to apply for whatever certification they require before it can be sold there.

i.e. “…no immediate need to raise…” = medium/long term

Lol, I know you are the current cheerleader, but your unsubstantiated ramping is starting to show through the ra-ra skirt, you just defined immediate to possibly mean long term.

"so called rumour"

what world do some people live on, its trumpesk, just go with 'alternative facts' if the actual facts don't suit.

"notes the recent online speculation and confirms that it is in discussions with certain investors and shareholders regarding a potential equity fundraising. "

" @TWatcher, I am still waiting on you to share your rumour report,"

I don't have a "rumour report" (?!?). I heard the rumour of a fund-raise, the share price tanked. ODX's last statement on the matter is:-
"in discussions with certain investors and shareholders regarding a potential equity fundraising"

Until we hear further, that is the current position, ODX is in discussions about a potential fundraising.

You do realise capacity has been cited at 2M a week since May 2021 ?

"Turns out ODX have capacity for 2 million tests per week."
That letter was dated 11 Oct 2021.

When I read it just now, some of the wording caught my eye, as I recalled I'd seen the rather strange phrasing before.

In the 6 month report dated Nov-25, ODX chairman was quoted
".....and DHSC are still providing us with access to their Government-funded equipment to provide the infrastructure to grow our businesses. "

This was an extremely lazy cut-n-paste from the FOI letter, as evidenced by the use of the plural "businesses", as the FOI response was speaking about both GAD and ODX.

When a company relies on a quote from an FOI response to state a position (and I would suggest the wording of it is pretty woolly), it suggests to me that the company has little notion what the actual position is. If ODX's belief was they could simply use the equipment they'd just say so.

I wonder do walbrook right these things and ODX sign off on them before sending them to NOMAD for approval. Could explain why no one picked up that the wording including exact phrasing from the FOI, possibly ODX thought the author came up with it him/her self.

it is worth remembering, that finncap repeatedly refused to dial in the gov contract into their target SP, and in fact never did.

The response from Walbrook was that the company is unsure what will happen come the 10th, suspect that a decision will be made on or around the 10th in that regard by the CTDA, given there are many companies in a simialr position.

A non-runner IMO. For it to be successful, it would require ODX to do individiual sales of Ms per month. The logistics involved in manufacturing would pale into insignficance compared to the logistics involved in running a retail business across europe at that scale, and they have ZERO experience or in-house capabilites for that. The customer service requirements alone to deal with card payment issues, non receipt issues, claims of faulty test, being asked how to perform the test, what to do if postiive (varys from country to country) etc etc that would be associated with Ms of sales per month would be massive.