Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I agree. It’s too quiet at the moment. I’m hoping with the increase focus on sales we’ll see some tie ups in the short term.
SP down over 50% since a few months ago. But nothing has changed fundamentally other than perhaps hope that digital glassware would have been more revenue generating in 2020, but as mentioned. I expect that to change soon with this clear focus on sales.
All it needs is a few tie ups providing subscription payments which will hopefully continue to grow over time as the tech becomes more recognised and important. Whilst Infochem providing the core revenue at the moment continues to develop and it’ll see this become a profitable business.
Also worth noting the “implementing the DigitalGlassware™ platform at scale and the launch of new functionality of ICSynth™ in the second half of 2020.”
I see huge potential, especially at this SP. just one of those which may require some patience. Averaged down 5 times now, wouldn’t mind the opportunity to average up at some point lol.
I agree but the problem is that he focused on the five year plan and that's all well and good, but with a recent placing - he really needed to make more emphasis on what the plane is over the next six, twelve and eighteen months!
Revenue up 150% to £0.54m.
Losses reduced from £1.62m to £1.17m.
Increased focus on sales with appointment of dedicated sales lead.
Cash balance of just over £4.0m. Circa 3 years cash burn?..
Covid working practices speeding up the recognition and importance for digital glassware. As well as overall development of the industry (Novartis ect).
Presentation outlined a 5 year plan looking to achieve revenues of over £10,000,000 in the future.
So revenue increasing, losses decreasing. Increased focus in sales across all geographies. Previous Infochem acquisition looking positive with strong revenues in last results.
I’ll continue to buy/ average down as it’s clearly already very cheap at circa £14m Mcap, opportunity provided imo by placing and 50,000,000 springer shares. Especially ahead of commercial ramp up and a strong cash position.
IMO.
The video has been around for a while and I have seen many articles about AI in pharma and the need for it!
My problem now is that none tie Deepmatter or DigitalGlassware into it!
There is no world from the company and no RNS's in regards to little victories in sales or progress.
This is like treating Pi's like mushrooms, except we are in the dark and not even being fed, lol!
Maybe Mark should get off his little posh horse and start generating some excitement for this company!
This could be huge but looking at the share price and the silence- wellI just hope we get an rns soon or might be topping up at 1p!
https://twitter.com/manpreethere/status/1309030910881300482?s=19