Member Info for TWatcher

it was a non-apology apology

Hes disapointed that they didn't get what they paid for.....TELL ME ABOUT IT.

we numbers for this CD4 stuff, we've seen this headline names and partners across several presentations now.

yeap. heard that both in the CFO intro, and when he interjected

25 "in terms of" so far

yak yak... saving peoples lives....shows us the money :)

This is the ex CEO of ODX, and the guy that Bigjock36 said he really valued his opinion and quoted as saying he had an exit price of £1+ when BJ was into a ramping mode. Apparently holds a s*itload of shares:-

"This is about as bad as it gets.
No DHSC contract and complete inability to read the situation re DHSC.
No FDA approval and unlikely to ever happen as they have backed the wrong horse. The EUA for professional use has effectively been abandoned.
Home use in Europe may yet happen but it is likely to be crumbs off the table.
Have we been mis-led ? The Company has a case to answer as their communications have fallen short of a standard I would expect."

"With hindsight I should have sold when the Directors sold - I placed my trust in Colin and with hindsight allowed my emotional loyalty to him cloud my judgement whereas I should have applied cold logic to the sales of the NXD's in particular."

BJ still on the missing list ?

Given that nothing much has happened today (!), and we might not learn an awful lot later (other than filling in a bit of stuff, we know we can't get anything price significant) might as well have a sweepstake on his favourite phase. I called 37 some days ago, so will stick with it.

likewise

Oh look, if I'm not a holder I'm mad, if I am a holder I'm mad.

I'm not a major holder...I said north of a 100K, that's a awful lot for me, but certainly not a major holder in the formal sense of the term.

As i have said, I called out all the rampy sh*te and the bullying that came with it, but with an average in the 50s, an announcement of gov orders any time in 2021 would have resulted in a significant step in SP and would have changed momentum and seen me in profit.

Unfortunately the announcement was not the one we were expecting. Even I didn't expect ODX would let themselves get screwed by HMG twice.

"sadly not, the emperor has no clothes."

Make for an interesting video presentation.

If you'd been here more that a few moments, you would have seen all the vile awful comments addressed directly at me for all of 2021.

Yesterday i said my holding was over 100K in share and south of 10p per share from profit. That was yesterday. It doesn't take a genius to work out I'm down £10ks here. Who the hell is enjoying it.

What I don't have is any time for those that verbally kicked the f*ck out of me countless times and felt they'd done a great bit of typing.

The one positive is that there are many that will now have a more realistic relationship with ODX, and will have their eyes opened to the ramping manipulation that I've called out here every time I saw it.

Ok you win it is not an ex-contract it has not passed on, it has no ceased to be, it is not expired. :)

Just to be clear her twitter account does note her as an "activist".

The placard bit was all me.

Well, even taking that at face value, all you can say is that ODX was assuming an extension and ODX THOUGHT that the DHSC was assuming an extension. We don't have any quote from DHSC. What we do know is that an extension was not forthcoming.

Either ODX misread DHSC's stance, DHSC changed their mind, or led ODX a merry dance.

"To then state expired seems a bit of a jump?"
That's the terms of the contract, its not a jump, its what the contract says happens. Various branches of HMG have been writing contracts since the big flood, they know exactly how to frame conditions to suit them. ODX, unless I'm mistaken, this was the first time they signed a contract directly with HMG (for the RTC, ABDX was the lead).

Conjecture time..... at the time of signing ODX assumed British sourced tests was the HMG plan A, and as long as ODX acted in good faith, they would be making test. On that basis ODX might not have see a credible scenario where phase 2 would not occur, and did not look into all the "outs" in the contract for HMG.

It appears clear that far from being Plan A, the ODX contract, along with others were backup or at best "fill in" Plans, and HMG built in the usual get outs such that if Plan A or Plan B worked, they did not need to execute the ODX contract. And HMG were happy to pay £3M plus buy some equipment for the priviledge, given they were throwing many £Bs at Plan A.

According to her twitter account shes an "activist". She's writing up a placard and going to protest outside the Alva gates.

Lets just hope she doesn't inhibit the movement of lorries too much.

As I said, the contract only says extension needs to be advised, no requirement to advise that an extension will not be granted. An absence of an extension means the contract expires on the last agreed long stop date. DHSC did not advise another extension, therefore the contract expired at the last agreed date.

Gotta love the walbrook verbage "DHSC was not in a position to confirm their position"

Max you didn't read the RNS did you ?

Don't expect FDA prof EUA anytime soon "We understand additional US trial data is required in support of this submission and that this is in process. "

Don't expect FDA Home EU anytime at all "A feasibility study as to the process, timelines and likely high-level costs associated with the submission of the VISITECT(R) COVID self-test for FDA approval is currently underway, although the cost of gaining approval may be prohibitive. "

They are only looking about whether to look about it... If prof use is taking as long as it has thus far, may be if they start now they might get home use in a year+, but given the phrasing used, they expect it to be far too expensive.

he should have a few visitect tests...but of course they can be used in the uk :)

Jimi...the company said its expired....can you please think about the argument you are making here, you saying the company is mistaken.

This is starting to remind me of a particular norweign blue parrot.

So their legal advise says consider the contract lapsed because...they have been advised of no extension and the old extension has timed out, and the contract says if the long stop date times out the contract is automatically lapsed. HMG does not have to advise it is NOT extended, only that it has been extended. So no confirmation of extension is the same as no extension.

In what other realm other than legally, should ODX consider the contract not lapsed ? Are the twitter people hoping the email that says there was an extension went to the spam folder ? Get real guys, the contract is expired....the company just told you via RNS. When did walbrook suddenly become a valuable source of information. ? If we have learned anything it is what is RNS'ed is the only thing to go on, the twitter feed and the walbrook feeds are not valid channels for the dissemination of news.

If the company had any expectation that this is simply a breakdown in communications, they would have said so.