Genedrive Share Discussion Threads

[petersmith6] 03/11/2024 17:57

Take a step back.. now imagine genedrive with backing and people who know what they are doing..It's clear to me their hopeless but in the right hands and market, they would thrive. My wife had a medical issue in new York a few years ago.. luckily, we have 20 million dollar cover..And out there..thank not always enough. Anyway, there were issues, and she got a 6.3 million dollar pay out for something that had gone wrong.Someone has to pay.. and if hospitals and get a heads up , the treatment costs come down..and profits go up..

[batiatus] 03/11/2024 17:48

The regular rampers here refuses to admit it.

The company has done minimal in the past few months. While monthly cash burn is £400-600K.

The GDR supporters have funded those months. Months of inaction, no sales, no eagerness to find potential buyers...

But don't worry, they are in no rush, why would they be...

When the cash runs out, they'd just raise more...

You'll be paying for it!

[petersmith6] 03/11/2024 17:47

I personally don't want sales, I want someone to make a bid.. genedrives management are hopeless..But any of the larger pharmaceuticals would turn us round in months15 p to 20 p would do me

[kingston78] 03/11/2024 17:40

Most exhibitions and shows that I have attended may attract some attention, but not many sales; not instantly anyway. People of interest may follow up and then usually interest begins to wane. The translation into actual sales is low. The most profitable and busiest stands are actually for selling food and drinks on site, as delegates all need to eat and rink.

[petersmith6] 03/11/2024 17:35

And how many international delegates will be there?

[batiatus] 03/11/2024 16:57

"This December, Genedrive are attending the UK Stroke Forum

Visit our stand to discover how our innovative genetic testing products can guide antiplatelet therapy by informing clinicians of CYP2C19 metaboliser status"

Ooh dear ooh dear....

It means they don't have any buyers...

What have the BOD been doing for the past few months...

Why are they only just started to promote the product...

Cash raise early next year imminent...

Shareholder value?

[hazl] 03/11/2024 16:42

genedrive plc
@genedriveplc





This December, Genedrive are attending the UK Stroke Forum

Visit our stand to discover how our innovative genetic testing products can guide antiplatelet therapy by informing clinicians of CYP2C19 metaboliser status

[batiatus] 03/11/2024 13:25

Overall, it's a very grim outlook for the UK stock market.

People just don't have the cash to splash around, and even if they do, aim stocks will not be a first investment choice.

Especially for companies that doesn't deliver and doesn't make profit.

[petersmith6] 03/11/2024 12:07

While I would love to see genedrive flourish in the uk ,I'm an investor.. so America it is. The medical negligence industry is crippling the US health care , so preventing it a golden opportunity.

[kingston78] 03/11/2024 12:00

We must have read news about the recent UK government's budget. Most independent analysts are not impressed because firstly the budget does not stimulate economic growth and secondly the large amount of taxes raised are to pay for large public expenditure in certain sectors only (they are swallowed up by higher public pay and pension contributions). The UK has low productivity. The Labour politicians are twisting the definitions of "no taxes raised on workers". Heavy taxes on employers will certainly mean less pay increases for their workers, less investments and recruitment and reduced profits. These will come back to haunt the government because they have created a vicious circle. There will be less private spending and less money circulation.

We can therefore deduce that the NHS will not have spare money to buy all kinds of equipment no matter how wonderful they are. They will consider it but defer their buying decision until better times.

GDR is not the only company that is adversely impacted by the lack of money at the NHS.

I think that GDR will have a future if it can license its products to populous overseas countries.

[hazl] 03/11/2024 11:15

Going sideways for about a month which I like to see.
So even if people trade, there seems to be a base around this level, as some prefer to see it through.

My thoughts .
Most waiting for news I wouldn't be surprised.

IMO

[batiatus] 03/11/2024 10:41

"Don't dismiss director's purchases.'

Director purchases means absolute naught.

SXX, POG, COPL, FRR, all had director purchases. Where are these stocks now?

They are all delisted!

I will say again. GDR have not made a penny profit in all these years. All the director knows are raising funds and burning cash.

Companies are there to make profit, what don't you get, it's not rocket science.

[hazl] 02/11/2024 16:17

Don't dismiss director's purchases.

[hazl] 02/11/2024 16:13

Thought you had things to do as it's the weekend.
Why are you here wasting your time, if it's a lifestyle company?

complain (bl)ing

[hazl] 02/11/2024 16:10

Good I'm glad you like to be proved wrong.

[batiatus] 02/11/2024 14:23

It's not looking too good for the stock market. Turn on the TV and it's all negativities and uncertainties around the mini budget.

It's about time these lifestyle companies learn to read the air. A lot of people in the UK are struggling to feed, don't expect them to fork out more cash for the next fundraise.

CEOs shouldn't be raising money taken for granted, and then blowing them like they have a bank full of gold bullions behind them.

I mean, £400-600K monthly cash burn, whereas in 9 months they only managed to sell £100K worth of their goods.

I like to be proven wrong. If they have good news then just release it, but they can't because this is a lifestyle company that doesn't make any profit.

[petersmith6] 01/11/2024 13:23

GDR will be take over before then

[hazl] 01/11/2024 10:49

The low ball offer I mean!

Higher...most welcome!

[kingston78] 01/11/2024 10:40

The NHS has no spare money to buy essential equipment, let alone investing in new things. They spread their resources too thinly. Everyone can see this. GDR will run out of money by May 2025 and raise further funds by March 2025, at a significant discount to the current share price. The management has not secured any meaningful sales orders. This is a lost cause. It is no good owing a wonderful product if there are few buyers. No business can survive in such a situation.

[batiatus] 01/11/2024 10:28

"These boards are completely toxic these days'

The wolf is crying wolf.

Anyone with common sense will see through your tricks.

From posting misleading information, to verbally abusing anyone with a different opinion, to censoring facts that doesn't fit your agenda, what have you not done?

[hazl] 01/11/2024 10:03

There's a thought.
But not if people twig and the share price gains.



IMO

[premium beeks] 01/11/2024 09:02

Hi Z1co,Hope all is well.

[hazl] 01/11/2024 08:49

I care about the company and any profit if realised.
I know there are some genuine holders who do too.
However there some above that only care about the latter and change sides at the drop of a hat!

[hazl] 01/11/2024 08:46

Beeks has become my latest troll....he's a nightmare!