Member Info for AJP08

Hi Thordon

Here are a few more that I have not come across previously, another wipe product for pets included as well.

Still interested in your Asian trial find.

https://www.be-ecocentric.com/s/6140_352409_vegan-curl-gel-cut-by-fred

https://www.mypetlife.co/product/odor-neutralizing-cat-litter-powder/

https://organicjurenka.com/en/produkt/organic-deo-serum-botanical-50ml/

https://www.cultbeauty.co.uk/jvn-embody-volumising-foam-200ml/14304008.html

https://fadebytrapp.com/products/vetiver-seagrass-2-5-fl-oz-smoke-odor-eliminating-room-spray

https://nuestapets.com/products/nuesta-pets-hypoallergenic-pet-wipes-safe-grooming-for-dogs-cats/

https://www.vitacost.com/simple-truth-room-freshener-lavender-eucalyptus

https://lilacosmetics-com.translate.goog/producto/desodorant-sandal/?_x_tr_sl=ca&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

https://www-apotekeren-dk.translate.goog/produkter/jurenka-botanical-deo-serum-50-ml/p-21096?_x_tr_sl=da&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

https://www.ethicalbrandco.com.au/product/organic-sculpting-lotion/

https://karmameju.com/en-se/products/breeze

https://www.mypetlife.co/product/dry-shampoo-powder-for-dogs/

ATB

AJP

Hi Thordon

Is there any more that you can give us on this?

Which area are we talking about? Dishwasher tablets/ super absorbents/household products/ odour control/cosmetics/Hair products?

What sort of revenue are we talking about?

Could we expect some sort of update from ITX on this in the near future?

ATB

AJP

Hi Thordon

Another good one to add to the ever growing list.

https://www.thyrstbeauty.com/products/serum-11

expensive stuff as well, must be good?

ATB

AJP

Https://pharmacos.in/product/polluout-detox/

Available in India

Polluout® Detox is a 100% natural active ingredient, following the precepts of green chemistry, that provides a synergistic association of polydentate polymeric chelating agent, sodium polyitaconate, an alpha-hydroxy acid-derived chelating agent, sodium citrate, and biosurfactant extracted from the sapindus mukorossi fruit. Polluout® Detox is designed to remove harmful particles and impediments from the hair and scalp, such as calcium, magnesium, copper, and other pollutants, and improve shine, combability, and treatment effectiveness, as well as protecting hair’s DNA and revitalizing it from the source.

ATB

AJP

Hi S

Totally

As with everything the more cautious Investors here tend to have a nervous disposition and bail out a the slightest movement down in the SP, remember it only falls due to sellers.

A positive update in September with some meat on the bones and a few contract wins/additional partners added should;d have a very positive effect.

Maybe as you say with the consolidation we will get a whole new batch of investors who are committed to the green credentials of ITX and in for the long haul. Maybe some of our new Institutional investors will be looking at adding at these levels as in my opinion the SP is ridiculously cheap.

Time will tell, but feel that we are on the right track.

AIMHO

ATB

AJP

Part 2

No issues over either raw materials or finished good as we have a good supply of both, we have just take delivery of circa 240,000Kg of Itaconic acid in the last 12 months. (finished goods have a minimum 2 year shelf life)

Success breeds success and when one brand leads others need to follow so as not to be left behind.

Croda Recent renewal of supply agreement. We have a growing range of brands in odour control, fabric, underarm and an expanding area in pet care (Update would be good here), which is proving very lucrative, revenues here are ahead of expectations. The new agreement adds a newly formulated product to the collaboration and updates the terms and arrangements for ongoing market developments.

Nouryon increasing revenues in hairstyling and skin care, with new brands and markets, (china/Asia)

Itaconix recently advanced its position as a leading innovator in sustainable hair care with a patent application filed for new plant-based technology to maintain the natural health and shine of hair. The Company plans to develop this proprietary technology into a new ingredient for consumer and professional products that prevent or repair damaged hair.

New areas

New hygiene product in production trials (update?)

Sustainable Fashion product in production trials(update?)

Odour control product in production trials (update?)

Super absorbent applications, production trials ongoing (update?)

Complete new area going into production trials (under wraps at the moment)

20 new brands adopting ingredients this year with another 20 in the pipeline for next year.

Short term we are targeting $25 mill with current ingredients/applications over the next period of time (probably next 1-3 years), again this is a moving target as we would expect to see an increase as the market adoption increases and our ingredients/applications diversify into new areas

We believe the initiatives increase our potential addressable market to $2.3 billion, and that significant opportunity exists within our technology platform to further expand our addressable market ($20 billion potential market)

We now appear to be on the growth curve that ITX have previously projected, if a year or so behind at the moment.

Please feel free to correct or add to these.

The potential here is mind blowing over the next few years, we have the ability to be the go too company as regards green eco-friendly polymer applications.

AIMHO

Please do your own research

ATB

AJP

Think we tend to forget the progress that has been made here and the potential that lies ahead, looking at the short term, rather than what lies ahead?

From previous presentations and the following are some of the salient points that I have taken away from these, which would be good to get updates/progress reports on in September half year results

• Zero debt, $11.2 Million in the bank

• Revenue/sales increasing, 5 consecutive record breaking years of revenue

• Much improving GPM

• Sticky repeat business

• Green/Eco friendly products

• A Frost & Sullivan 2022 Enabling Technology Leadership Award.

• Ever growing base of high profile customers, circa 150 brands and counting

• Development agreement (SAP) with a major North American pulp and paper company (update still outstanding?)

• High profile partners in Nouryon (Personal care) & Croda (Home care) and TBA (Diapers/personal hygiene products).

• Croda supply agreement recently renewed

• Itaconix joins with Brenntag to distribute cleaning polymers

• Ingredients ringfenced with great IP, with additional ingredients patent pending. New IP just recently approved

• Distribution out of New Hampshire & Belgium, European stocks enlarged to cover new customers

• Process being upgraded to maximise throughput of ingredients, currently running around circa 25% of capacity

• Placing of circa £10.5 million puts us in a very good position going forward.

• Record revenues for first half of 2023 $4.0 Million.

• New quality institutional investors on board, circa 50% of shares now in sticky hands.

• 50 to 1 consolidation approved (no timescale)

• Possible NASDAQ application to suit American Investors?

• The Board now comprises Dr. Peter Nieuwenhuizen (Non-Executive Chair), Paul LeBlanc (Non-Executive Director), John R. Shaw (Chief Executive Officer), and Laura Denner (Chief Financial Officer).

• Competent and enthusiastic BOD, with skin in the game.

• Further development with R & D projects to follow via John and Yvon collaboration.

• Good level of diversification across products

Further products to be released during 2023, Velafresh SAP 80 under development Velasoft BR 300 new in 2023

• Increased marketing efforts with broader promotional activities moving into 2023.

• Canaccord states that possibly 2 partners to be announced this year 1 for composites and 1 in Hygiene.

Much improved currency exchange rate (18/07/23)

EUR/USD 1.1253

GBP/USD 1.3087

Please feel free to add to

Part 1

ATB

AJP

Hi W

Remember we have two brokers now

Canaccord 8 p target (initiation)

FinnCap 12 p target (been since start of coverage)

Elevated shares in issue after the raise earlier in the year, may have some baring on these targets?

ATB

AJP

Thanks R

So is short Canaccord sees us being taken over at some point in the not too distant future?

Would be good to get some of this information as regards partners etc being released soon, as the SP has kind of stalled/stagnated, even though the news that we have received so far this year is very positive.

More and more products are being released, stating with "plant based" content, but there is very little information as to how much "plant based" content there actually is, as many of them still contain acrylates( oil based).

So possibly see the likes of Croda or Unilever being at the forefront to make a move?

Would be nice to see the GPM up above 30% in the results in September, that would be a boost

AIMHO

ATB

AJP

Here's a new one for the man in your life lol

https://procoal.co.uk/collections/natural-deodorants/products/fresh-cahoonas-mens-intimate-deodorant.

Made me smile, could be a big seller?

Contains Sodium Zinc Polyitaconate

ATB

AJP

Bit surprised at the market reaction today, but then maybe when the dust has settled then we will see a positive slant on the SP, will be good to get the actual GPM in 8 weeks time to see how far this has improved, but very much looks like we are on track to hopefully reach break even this year and move into profit the following , whatever this is one that I will be holding for some time to come, the potential here is enormous, particularly when you consider we are only scratching the surface of the myriad of applications we have at our disposal, of which super absorbents really excites me.

The message in the RNS and a sumation from John says it all and bodes well for hitting/exceeding revenue target for 2023

"The Company maintained strong volumes throughout the first six months and is entering the second half with a solid order book and expected volumes."

"Our record first half revenues place us in a strong position to meet market expectations for 2023. With increased commercial traction across our technology platform, we are building a recurring revenue base, experiencing consistent high revenue growth, and fostering a pipeline of new revenue opportunities to achieve our goal of becoming a large, profitable specialty ingredient company."

Very good times ahead, although still feel we will be bought over at some point in the not too distant future.

AIMHO

PDYOR

ATB

AJP

Hi 7

Nothing on here, but not my area.

https://shorttracker.co.uk/company/GB00B84LVH87/

ATB

AJP

Why would you buy and then sell at a loss?

Is that manipulation?

12-Jul-23 08:00:50 4.396 45,495 Buy* 4.10 4.50 2,000

12-Jul-23 09:37:34 4.1166 45,495 Sell* 4.10 4.40 1,873

12-Jul-23 08:06:08 4.35 91,954 Unknown* 4.20 4.50 4,000

12-Jul-23 11:18:45 4.00 91,954 Sell* 4.00 4.20 3,678

ATB

AJP

Hi C

Would not have thought that this would be the case, was not an issue when we were over 15 a share, looks most of the sells are low value, having made a couple of pounds and moved on.

The Green Economy Mark is given to London-listed companies and funds that generate over 50% of their total annual revenues from products and services that contribute to the global green economy. For pre-revenue issuers, 100% of their business activity must be green to qualify.

ATB

AJP

Am I right ing thinking that these cash in hand figures are very close to break even?

Just on raw data

FinnCap revenue numbers for 2023 $8.0 mill so half way there already

Net unaudited cash as at 30 June 2022 was $0.9 million.

Net unaudited cash as at 30 June 2023 was $11.2 million.

Continued good work from John and the team

ATB

AJP

Hi W

Would have thought based on last year that we could get a TU this Wednesday or next, but whatever not far away.

ATB

AJP

Had a further look at the delivery of raw materials.

I know that there are some that are sceptical ( particularly on the ADVFN board, but hey ho, time will tell), but these Bill of Laden documents are legal documents used for import taxation purposes etc (having dealt in this area previously).

I know John was evasive on the questions on the previous presentation, but guess he is not going to disclose this kind of information on that platform, although he did admit to off site storage of raw materials, which in itself kind of confirms that we are dealing in quantities that outstrip out our onsite storage.

The information below shows that since 16/06/2022 we have taken delivery of circa 240,000 KG or 240 Metric tonnes of raw materials with an additional circa 20,000Kg or 20 Tonnes of raw materials being purchased by Chemtan (must be a link somewhere on that one, that aside we would be looking at circa 20,000Kg or 20 Metric tonnes being used every month, way beyond anything that we have processed previously. (Busy, Busy, Busy)

Chemtan for Itaconix

1 TXSLQD2305Y361 ITACONIC ACID, 99.5%MIN. CAS NO. 97-65-4 H.S.CODE: 9902.02.95 1000KG SUPER SACKS WRAPPED ON STAMPED PALLETS. TOTAL: 60 PALLETS CHEMTAN CO. INC. (FOR ITACONIX CORP QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2023-07-01 CHINA 59400 KGS 60 PKG

2 TXSLQD2302Y375 ITACONIC ACID, 99.5%MIN. CAS NO. 97-65-4 H.S.CODE: 9902.02.95 1000KG SUPER SACKS WRAPPED ON STAMPED40 PALLETS. TOTAL: 40 PALLETS CHEMTAN CO. INC. (FOR ITACONIX CORP QINGDAO KEHAIJIANTANG BIOCHEMISTRY 2023-03-19 CHINA 39600 KGS 40 PKG

3 TXSLQD2302Y376 ITACONIC ACID, 99.5%MIN. CAS NO. 97-65-4 H.S.CODE: 9902.02.95 1000KG SUPER SACKS WRAPPED ON STAMPED 20 PALLETS. TOTAL: 20 PALLETS CHEMTAN CO. INC. (FOR ITACONIX CORP QINGDAO KEHAIJIANTANG BIOCHEMISTRY 2023-03-19 CHINA 19800 KGS 20 PKG

Itaconix

1 KLSQTAOKW2208079 ITACONIC ACID, 99.5%MIN. ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-10-15 PANAMA 39600 KGS 40 CTN

2 EXDO62Y0220796 ITACONIC ACID ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-08-25 SOUTH KOREA 19800 KGS 20 PKG

3 EXDO62Y0220197 ITACONIC ACID ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-08-04 SOUTH KOREA 19800 KGS 20 PKG

4 KLSQTAOKW2204354 ITACONIC ACID, 99.5%MIN. ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-07-03 CHINA 19800 KGS 20 CTN

5 COHECTASE2035082 ITACONIC ACID ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-06-16 PORTUGAL 19800 KGS 20 PKG

Chemtan

1 UULNQD23030547 ITACONIC ACID, 99.5MIN. CAS NO. 97-65-4 H.S. N STAMPED 20 PALLETS. TOTAL 20 PALLETS . CHEMTAN CO.INC. QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2023-05-02 CHINA 19800 KGS 20 PKG

This would suggest that we should be looking forward to a very good TU possibly 12th or 19th of July 2023, cannot wait.

Please do your own research

ATB

AJP

Https://www.importgenius.com/search/Itaconix.

Think I have managed to copy the link now.

Chemtan for Itaconix circa 60 metric tonnes. 1st July 2023

Need to sit down with the previous numbers but looks like we are going through circa 20 Metric tonnes a month.

Will be very interesting to see how this equates into our revenues for 1st half 2023.

Looking for big numbers

ATB

AJP

Hi DB

Just noticed another delivery of raw materials to Chemtan for Itaconix 60 Metric tonnes on the 1st of July, can you have a look to confirm please, on Holiday at the moment and only have my phone so struggling to post the link off import genius, with it, sorry but these kind of delivery numbers must mean we are extremely busy? Not long now till we find out.

ATB

AJP

Hi Thordon

This should be well on the way now?

"Product research based on this patent filing will now enter the next stage of commercial development. Key milestones for 2022 are to complete initial environmental and safety studies and to engage in commercial discussions with market collaborators. Potential revenues are not expected until at least 2024, which is a normal timeframe for new product development."

ATB

AJP