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Should be a good morning tomoz but you never really know..... so remember tomorrow is just the opening salvo, the game is on and the real rewards are just a few more weeks up the road.

Where is next to Omega Diagnosis?7 Reasons Investors Can Have Big Dreams Now
bellacangelosi 12 mins ago

https://eminetra.co.uk/where-is-next-to-omega-diagnosis7-reasons-investors-can-have-big-dreams-now/275724/

Once this is confirmed I hope we get the hard numbers and Brokers forecasts, shortly after.

I'm also in Open Orphan with some amazing opportunity's there, which will transform the company's revenues and investors bank accounts. The day after what was a brilliant presentation ( recommend a listen) FinnCap the company's broker release a note with no change to revenue or SP target...So imo its crucial that either the company or the brokers spell it out to the market, so we get the firework display that we have been waiting for.

It was in Mid January that the first order was placed with SureScreen. Its all about urgency now, if you read the articles- so lets get on with it.
"2m tests were bought by the Government earlier this month from SureScreen, which is the first UK-produced LFD test. The Government is keen to scale up domestic production of the rapid tests."

Omega Diagnostics next!

https://cc.bingj.com/cache.aspx?q=The+UK+government+has+selected+three+British+companies+to+make+rapid+Covid-19+tests%2c&d=4700511167977606&mkt=en-GB&setlang=en-US&w=wjkkcwJmh5lZi9noFKNjbrDR4Cs1KoSL

This would be another humungous market for ODX and one that is moving very fast.

4th Feb 21.
"Andy Slavitt, White House COVID-19 response team adviser, on Monday announced the Department of Defense and "Department of Health and Human Services have awarded $230 million to Ellume, the company that makes the first over-the-counter, fully at-home COVID-19 test authorized by the FDA, so they can "scale the manufacturing base and capacity" of the test. Thanks to this contract, they'll be able to scale their production to manufacture more than 19 million test kits per month by the end of this year"
The FDA previously authorized the Ellume COVID-19 Home Test, for emergency use ONLY in December 20.

I think Monday we will test £1 several times, and finish just above. Tuesday in the twenty's. We have the government announcement, contracts signed confirmation. Things should move faster now....Lets face it Omega could be turning out 2 million tests per week in six - seven weeks.

I do agree NextYearRodders. I think i have mentioned this before. We all remember 9 / 11 and the terrible events and images. The world changed after that day. The US and world governments spend hundreds of billions on security at airports and anti terrorism etc etc. However terrible 9/11 was, it only effected one city, on one day - but changed how the world perceived security - and how we lived.

Scroll forward to Covid. It effects far greater number of people, effects the entire world, and is ongoing - once the world can reflect on the total carnage done by a pandemic such as this - then again, every government will be throwing billions of dollars at solutions and ways to cope better the next time it happens. Its going to be massive investment in vaccines and diagnostics etc . The events of this past year wont ever be forgotten , it will change the way we live, to some degree.
Hence the security of having a home based diagnostic industry just for starters.

The charge will make sure that the Soros foundation ( who have funded this venture) can legally limit what the borrower can do with the asset in question. I imagine that's a safeguard around ensuring that percentage of manufactured units ( tests) are sent aboard and sold at cost price to less fortunate country's. I wonder how many test are destined for abroad as opposed how many can be sold to UK Government.

If the borrower reneges on the terms of the agreement, a lender has the right to enforce the legal charge. Under certain circumstances, the lender can enforce the agreement without going through a court.

Thanks.

Bushmaster. Your last linked failed mate. Try again please.

Yes Beachball. Thanks. there is a bit more here..
"To ensure access and scale for emergency response, Mologic has committed to ensure all its products are made available at cost to Gavi-eligible countries.

Mologic has a manufacturing capacity up to 4 million devices per annum and is working with donor governments and philanthropic partners to expand manufacturing capacity to create an “Open Source” Global Access Manufacturing Platform to protect security of supply of diagnostics to low income settings."
https://mologic.co.uk/our-core-markets/global-health/#:~:text=Mologic%20has%20a%20manufacturing%20capacity%20up%20to%204,of%20supply%20of%20diagnostics%20to%20low%20income%20settings.

Therefore it looks like the final three are

Sure Screen
Omega Diagnostics
Mologic

at least two of the officers are on board at Mologic. Dr JO Fitchett and Daniel Janes

https://find-and-update.company-information.service.gov.uk/company/12558218/officers

Global Access Diagnostics have a very interesting background. I think they are affiliated to Mologic.

So as investors all we need to do now is ...
a) cut out the FT article and stick it on your computer screen - reminder that whatever is said, or MM tricks from now on - DO NOT SELL>
b) SPREAD THE NEWS - We want as many of these shares to held tightly as possible.
c) Be patient.

I would not worry about the SP tomorrow. The journey has not even stated yet. IMO the key moments that will ignite this share will be announcement of signed contracts and possibly quantity's , followed by the announcement from Omega that they can manufacture 1 million , 1.5 million then 2 million per week. - towards these contracts. Then steps to increase further production....

Surely, not having this new data will put any wearable company at an immediate disadvantage to the competition, so not licensing it from OO would immediately damage their brand and date make their offering outdated.

carrying the news from the FT .

https://www.bloomberg.com/news/articles/2021-02-07/u-k-selects-three-local-companies-to-make-rapid-covid-tests-ft?srnd=premium-europe

A bit tongue in cheek this but maybe that's why the OO SP hasn't run away with itself these past months as the Investors rewards were suppose to be the special dividends. How many we expecting ? one? , two? over next 1 - 6 months , three? , four over next 6-18 months .

I suggest you have a read of these two articles. There are plenty others out there , all give a very positive future forecast for the role of, and increase demand of LFTs. As they develop and improve, there will no longer be a need to have to visit hospitals, for certain diagnostic checks, and at least screen yourself at home. Omega already servicing the HIV market, imagine how many others there could be. the first article is by Abingdon Health.

https://www.healtheuropa.eu/lateral-flow-rapid-tests/105237/

and this
"The global lateral flow assay market is projected to reach an approximate value of USD 10.9 billion by 2028, growing at a CAGR of 7.1%. Rise in prevalence of infectious diseases, growing geriatric patient population worldwide coupled with increase in demand for point-of-care tests across the globe are factors driving the lateral flow assay market."

https://www.globenewswire.com/news-release/2020/11/30/2136345/0/en/Lateral-Flow-Assay-Market-to-reach-US-10-9-billion-by-2028-Global-Insights-on-Trends-COVID-19-Impact-Analysis-Expansion-Plans-Mergers-Acquisitions-and-Future-Prospects-Adroit-Marke.html#:~:text=The%20report%20covers%20the%20current,as%20well%20as%20country%20level.&text=The%20global%20lateral%20flow%20assay%20market%20is%20projected%20to%20reach,at%20a%20CAGR%20of%207.1%25.

Thanks for posting the video. Cathal mentioned that they could fill their quarantine centres 10 x over, once they get regulatory approval. I noticed that on Twitter Trader 3 / Jigger have posted what he / she thinks is the approval - and as Cathal has stated this would not be RNS'd.

https://twitter.com/Jigger93609885/status/1357683369711124484/photo/1