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Sounds good stegood: much more than just a passport as I originally thought. Bells and whistles product should UK want to add it to a register that would be good product to sell!
16 October 2020
Catenae Innovation PLC
("Catenae", the "Company" or the "Group")
Catenae signs Joint Venture with Blackhive Africa Medical
Catenae Innovation PLC (AIM: CTEA), the AIM quoted provider of digital media and technology, announces that it has signed a 50/50 Joint Venture agreement ("JV") through Onside Now Limited, the joint venture entity, with BHA-Medical Limited and BHA-Medical (Pty) Limited, respectively UK and South African entities of the medical equipment supply company, Blackhive Africa Medical ("BHA-Medical"), to deliver an integrated Covid-19 'Test, Monitor, Manage Programme' which has the potential for use and deployment by governments, businesses and organisations.
To date BHA-Medical has supplied approximately 350,000 CE-certified Covid-19 Near-Patient Three-Antibody Tests to businesses within the UK, including to two FTSE 100 companies.
BHA-Medical will provide the JV with the Near-Patient Covid-19 Healgen Antigen Test scientifically validated by the UK Government, an oral and nasal swab test which detects current Covid-19 infection, as well as the Near-Patient Three-Antibody Test, for which BHA-Medical has exclusivity in the UK to detect current and historic symptomatic and asymptomatic Covid-19 cases using a finger prick blood sample. Both tests are conducted on site by clinically trained professionals and deliver results in around twenty minutes.
Any profits generated through the JV will be distributed evenly to BHA Medical and Catenae. There is no guarantee that the JV will generate profits. The Company will update the market with developments at the JV in due course.
Catenae's technology solutions allow for the inputting of the Covid-19 test results into the Company's GDPR-compliant data management platform utilising the Company's distributed ledger technology (blockchain). Administrators of the platform will have access to a 'Data Intelligence Dashboard' in order to monitor the health status of their populations and respond to outbreaks and hotspots of Covid-19 infections.
In addition, where needed, individuals who have taken either of the above Covid-19 test are able to download Catenae's proprietary Onsite ID mobile app whereby their Covid-19 test status can be disclosed in a secure digital medium. Their test result can also be sent to them via the platform's 'Push notification' functionality.
Guy Meyer, Chief Executive Officer of Catenae, said: "We are pleased to have entered into a Joint Venture agreement with BHA-Medical both here in the U.K. and in South Africa. BHA-Medical and ourselves are strategically aligned given that we complement each other's offering. Our revenue models are both volume based and both have the capacity to scale. BHA-Medical's presence in South Africa also dovetails into the current market activity that Afrik-ID are undertaking across the SADC region from neighbouring Botswana.
"We are committed to p
Excellent news!
It's been a long wait so fingers crossed aye.
Crizmo, get over it son
Huge 64k buy earlier, someones confident. Maybe an RNS tomorrow morning ? Fingers crossed
Gla
Thanks crizmo I won’t invest now so glad your here
"a few football clubs and a rugby club use one of the applications on the app."
I'm not sure they do. It looks like CTEA have given up their blockchain business after it didn't pay (shock) Theres no mention of it or any of the customers they used to have on their new website. So at the moment , I'm not sure they any customers at all.
The sporting arena is a very interesting area and scope for company to explore. We already have contracts within the sporting world, a few football clubs and a rugby club use one of the applications on the app.
Covid, although for obvious reasons a ‘hot topic’ of conversation right now, is not the only avenue for the company to explore and exceed in.
Brexit and it’s implications are literally around the corner. This could provide CTEA with some great opportunities.
The construction industry, for example, may have to digitally log all personnel on site.
Foreign workers, and I don’t just mean non residents of the U.K., may for example have to have a digital passport to work not only in the U.K. but internationally.
There may be legislation to record the details of all workers in the U.K. in the construction industry, and many others industries for example, and this information would need to be on blockchain technology which cannot be tampered with.
I believe this company is ready and primed and in the right place now at the right time to flourish from the opportunities presented due to Covid-19 and more so Brexit.
Holders today may well be in a company about to show significant growth !
Clearly you made mistake in buying when the sp peaked, for this stock I only buy in at around 2.00 instead of buying at 6.00!
The logic is to buy when it hits monthly low around 2.00 and to sell anything above 4.00, never buy above 3.00 for this stock IMO
DYOR GLA
why people here don't see the bigger picture? government use what technology is available currently to minimise covid19 spread. the Catenae seems to have some future prospects with track n trace.
let's use this to open up economy like people attending football matches etc
or a fill or kill or limit order Buy.
49.9k sell
Ctea and any government deals - my arse!!
They don’t answer the phone, how are the government going to get in contact with them.
Pump and dump!
stegood-it is the negative results that will need the passport and in big numbers. Moonshot is to give people back their freedom and I envisage passporting a negative result can see you mixing without a mask as an indication you carry the passport. The York t&t is to track down possible infectious. A passport could do away with the need for the 3 tiers.
So not a pump and dump maybe as your comment earlier
just saw this on twitter https://www.yorkpress.co.uk/news/18794833.york-launch-test-trace-system/
Seen this soo many times in aim no news big jump and dump truly hope I'm soo wrong got in this at 6p and pretty much regretted it every since
Watching here as like the ceo and Boris if he is to be fair will allow all passport tech to be used for verifying status. I am in AVCT and to maximise value in a possible moonshot scenario passporting of the LFT test result will be essential. In my opinion all firms capable of providing passports should be allowed to tout for business and maybe an approved list with CTEA on it is being prepared. A bit of efficiency would not go amiss.
update is upon #ctea, look at the rns 25 August, clearly on to something big here.
looking at the buys and sells it does look like a pump and dump imo
not fully convinced as yet.
let's see if we have some buys >£10k and more volume
It's just another pump and dump like the one at the end of Sept. Don't get caught out.
(positive) news on that front (new contracts) would certainly make the mcap of £6m seem pretty small imo