Progressive Dig Share Discussion Threads

[digger27] 31/7/2006 09:09

Dan - have you asked the company?

[shirtless dan] 28/7/2006 13:01

I have several questions that still need answering - e.g.
How did the CLIA waiver get passed if there were shelf life problems?
How long did they know about this before the problems were publicly announced,
Did the directors take any actions in advance of the announcements to mitigate losses or personal risks?

[alibongo612] 26/7/2006 08:59

Has Gould's pay off been announced ?

What about Harding ?

[digger27] 25/7/2006 15:08

Bentley - if as you say we were being lied to what would be the possibility of us taking court action against the directors and sue them personally for misinformation? They must be worth a bob or two and see how they like having their pensions seriously depleted!

[bentleyt1] 24/7/2006 10:08

I wonder if all the 'bad' mangament have gone or have they tainted the remaining so called "Directors". Gould set the style (also Curtis)of continual lying, falsifying figures whilst lining his own pocket. To cap it all when he left he walked off with £100,000 cash from his contract.
Would be nice if one or more of the present board had the guts to tell us what is going on there.

[alibongo612] 18/7/2006 16:18

Gould,what a w*nker. Similarly his crony Harding -imo they destroyed any remaining value in the co.

Let's just hope they did not receive a pay off.

[pwal] 13/7/2006 08:20

Thanks hterag1. A late night for you I see. I bet the wine you had wasn't as good as that.
I'm in PRO until the end of the tunnel. It is either bricked up or there may be some light there. In fact, I'm so confident in PRO I've topped up 50k this month!
If it recovers I'll make a fortune!
I guess that's where I've been going wrong. Looking for a fortune straight away. It looks as though several others on this BB were doing the same. Still, live and learn.
Best of Luck

[dh1967] 12/7/2006 19:38

I too have let go some real crackers to get into this. Amstrad at 40p, Carphone warehouse at 68p (I kid you not), Acambis at 0.90p, Bpi at £3.00. If I had just held these at the volumes I had them I would be more than double up on what my loses are in pro.

[sore loser] 12/7/2006 17:17

If its any consolation I had about 250K of these - ended up selling at around 5p.

Re-invested the cash in LGB - Really!

We all deserved better.

[pwal] 12/7/2006 17:08

Also selling (at least advertised) on

[digger27] 12/7/2006 13:47

Cheers pwal.
Those that bought the chlamydia test kits as well must have been worried bunnies. A bit like me really but I'm just worried about PRO.

[pwal] 12/7/2006 13:23

Click on in2it and you can see what "Customers who bought this product also purchased"

Shame it isn;t listed in the "Best Sellers" list.

[digger27] 12/7/2006 10:35

If they are selling it then presumably the cartridges are being sold as well?

[pwal] 12/7/2006 08:24

Hanson Medical are still selling in2it. I can only hope PRO recovers before it runs out of money. If I hadn't already bought so many shares I would say that at this share price it is worth a gamble (IMHO).
Would be nice to hear from management.

[hylas] 12/7/2006 00:15

Just read you holders comments.
Really sorry for you all and hope things look up for you.

[digger27] 11/7/2006 22:15

Commiserations all round then. I was even daft enough to put some I bought for 22p in an ISA in case they took off and I could avoid CGT!! The last bill I had from my broker for managing the ISA was more than the shares are worth so had to chuck good money after bad to honour my contract.
At the end of the day no-one forced me to buy these so its been an expensive lesson and I shall have to acquire a taste for supermarket own brand as whiskas is getting a tad expensive.
Good luck to all and lets hope that they can pull the rabbit out of the hat so it doesn't end up in a premium brand as a final irony?

[dh1967] 11/7/2006 20:13

Well I hold 200k at a cost of just under 20 grand. I have been in and out with them for about the last 6 years, but piled in heavily at all the wrong times.
I was sorely tempted to cut my loses last August(?) when they hit a day high of about 8.75 but hung in there in the now insane hope that they would tip the 10p mark again. And like Digger I now have nothing left to invest elsewhere so when they go that will be me and dealing parting ways.

[digger27] 11/7/2006 18:19

Im already on whiskas its the supermarket own brand I cant stand.

If it dropped like that on 30,000 wonder what would happen if I unloaded my quarter of a million plus? I know its not much in the scheme of things but it represents nearly £35k of my hard earned which I cant recover elsewhere as I dont have any spare cash to invest elsewhere. I use the term invest loosely!

Surely they must be close to a fix by now, I know it takes time to test the shelf life but lets hope the cash doesn't run out beforehand.

Being somewhat suspicious I am getting a sneaky feeling that this could go to the wall and once the dust settles re-emerge under new management so to speak with a product that somehow may just work!! Just dont have any faith left in human nature anymore as lies abound everwhere especially when money is at stake.

[rankor] 11/7/2006 17:09

It only took a 30,000 sell to make the share price fall today! Basically the company could go two ways.

1. Sell the whole shooting match - Shareholders eat economy catfood in retirement
2. Fix the cartridge and attempt a comeback in the market - Shareholders eat premium catfood in retirement

I would like to see option 2 in motion, which is possible considering that they have the cash after selling off part of the company and paying off the debts.

[dh1967] 11/7/2006 17:03

I agree Digger. A potential market of millions, a diagnostic platform that was supposed to be all singing and dancing and they can't manufacture a realiable cartridge. When I'm living on whiskas in my seventies I'll remember them !!

[digger27] 11/7/2006 16:13

Just hope the water authorities can cope with all the flushing about to happen coz mine will be joining yours dh1967. Had such high hopes for this company and its products. Millions of diabetics out there that need reliable diagnostic equipment and what do we do!!! Makes you want to weep buckets.

[dh1967] 11/7/2006 15:27

I think the end of the month and that will be our lot. That's my pension flushed down the pan.

[digger27] 11/7/2006 14:14

Still waiting for a response from the company and in the meantime see we have another 10% fall.