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Oogle,
I posted the following on the 6 Feb following an email from Meatly - I'm assuming it was sent to people who regestered an interest in the product via their webiste. I assume it is from the company.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Received general email from Meatly
Summary:
Invitation to participate in Series A fund raise
conducted nutritional tests on product - contains all amino acides and has similar nutritional profile to checken
Boosted yield of product produced
Improvement in cost reduction of product
In the process of conducting kitchen and feeding trials before the official launch in the coming months
regards
Can’t see any sign of Meatly for sale in uk. Yet another Mellon broken promise like Blunalu that was supposed to be on the market 2 years ago. How on earth Mellon can justify his fees I don’t know. Obviously that in itself is a big disincentive to invest here.
I'm referring to Meatly, the pet food company.
Stewie, pub intended?, not sure about meatly but beyond meat is quoted
On Google finance just below anic. unfortunately 50% down in the last 6 months.
Hopefully we will bounce soon now that we are in double bottom territory.
Someone mentioned that Meatly has gone to market. Can their product now be bought in the UK?
I'm sure institutional investors are aware of situation. Have emailed chow and melon in past. I think we both know retail investors carry no weight individually. Will ask them again in Q@A. Had no reply regarding buyback.
You can write Anthony Chow directly. In the past he has responded. Or find a way to place these question with a higher weight. I.e. get some of the institutional investors on your side and convince then it is worth stressing these questions.
Again, what are your ideas to add some weight on these questions?
Even seen 250,000 going just now
Some bigger volume trades going on now with several 100,000 and some 50,000 maybe something in motion??
First question
You mentioned buyback so when?
Is new agrarian first priory for you?
Why you take so much money/shares out when no performance in stocks.
Presume that's not directed at me, but the other posts since your last message are pretty clear so I don't know who you're referring to.
Can You explain in laymans language and without abbreviations?
Can Meatly be bought now in the UK?
Well let's hope then he is so optimistic about the near future of the portfolio, he decided to take these shares now.
He's not releasing any funds as far as I'm aware, he's just giving himself and his colleagues more shares free of charge as far as I understand it. I believe in the concept of Agronomics and I'm invested for the medium to long term (5 to 10 years) I just don't like the payment structure that Mellon has set up for himself. Take the rewards when the business is performing, not when we're down 70% over the last 3 years. It just smacks of greed - capitalism at its worst.
I do believe in Melon, and I am sure whatever funds he is releasing will be reinvested into the portfolio!
If that's your takeaway after looking at the investment portfolio, then you might want to revaluate your research skills. Mellon might be greedy, but saying this is a "get rich" scheme is a stretch.
I really wanted to invest here, I have been watching and doing some research from what's available online. This seems to be a get rich opportunity for a few at the top like a pyramid scheme we will forever be at the bottom of. I want this company to do well for the planet, for the animals it may one day save and of course the long term holders that put their hard earned cash into the hope of a better future for all of us (Thank you). I may be back, but after today's RNS unless major changes are made, it will only be to cheer on from the sidelines.
100Cups - “ Until there is an actual market ready product, all of this is still a completely speculative play”.
Meatly has gone to market!
I would challenge that there's been great news. We've had production pilots, small financing rounds, and limited regulatory approval. Until there is an actual market ready product, all of this is still a completely speculative play. None of what's been announced has been particularly ground breaking.
this is exactly what changed. the story of agronomics for long time was that the market is to blame. however, the past month had great news for agronomics underlying companies. the market itself changed. many biotech companies turned.
simply put, the story that the market is to blame simply doesn't hold true anymore and considering the great news during the same time, i wonder whether many investors are just not okay with the intransparency provided. therefore i believe it is time that agronomics management explains in more detail what the ******* fees are for that made up ~15% of the operating profit. 3,4 million of 25 million (virtual profit -- ******* virtual) -- for what exectly? 3,4 million pound is more money than some of the investments taken.
this discussion has to be held independent of right or wrong. i
greetings
Not sure if Mellon and co. are to blame really - putting the terrible payment structure outside, we've had (1) a complete evaporation in biotech funding in 2022 and 2023 and (2) the technology hasn't progressed as quickly as expected - ultimately its still completely speculative and the reality is that it might never actually reach cost parity.
I look at some of the other speculative technology plays I invested in: Plug Power, Proterra, ASTS - and those have performed far worse/or simply gone under. Agronomics was created during a SPAC craze where people were investing in absolutely anything - how many of those have completely imploded?
Things could be far far worse. We have a solid portfolio of companies spread out across a number of different subsectors. If you believe that the technology will work - then stay invested. If not, might be worth cutting your losses now.
Would need someone with time. Tried a similar thing not long ago. We holder's got together called an egm. Got one. Company then implemented some ideas then......back to being fleeced. AIM dont care.
One idea is to reach out to BlackRock, JP Morgan Asset Management, Jupiter Asset Management etc. In order to ask them to use their weight and push for more Focus on shareholders value. These are the biggest investors.
Any other idea?
What can be done about it?