Member Info for AJP08

Hi Thordon

Excellent stuff yet again, this type of information is very much appreciated and backs up what was said in the presentation as regards the traction we are gaining across the board and the amount of products that ITX supply ingredients to, from the top of the range products to the bargain basement ones.

Looking forward now to October as hopefully there will be announcements on new ingredients, new products and a trading update on the third quarter.

Think that there are a few positive surprises in the offing as we do not buy circa 80,000KG of Itaconic Acid without there being orders to back this up.

Hey Dougerboy 20p for Twenty three and a whole lot more for Twenty Four?

ATB
AJP

Thanks Itacon

Therefore it makes sense for the client and ITX that they deal in Dollars.

Need to have a revisit to the presentation, liked that John and Laura had a huge level of both excitement and confidence that the future here is very bright.

ATB
AJP

Hi Itacon

Nice to see common sense prevailing today, total knee jerk reaction yesterday and way oversold.

Have not had a chance and not sure if the presentation from yesterday is available yet to review, but seem to remember about John saying something about the Euro/Dollar and thought that he was saying that it was a hinderance, but surely this is to ITX advantage as we must be charging a dollar value for the Ingredients and the client gets the exchange benefit of there being near to parity? 1/1 as opposed to 1.2/1 Euro/Dollar so client can buy more ingredients for less Euros but we still maintain our price and margin?

Or am I totally missing the point here?

ATB
AJP

Absolutely terrible, way oversold.

Cannot buy even 10K shares as NT ?????

The Phoenix will rise, we will all (LTH's) have our day in the sun.

ATB
AJP

Poor response to a yet another excellent step forward toward profitability, guess everyone wants it yesterday.

Lets see what this afternoon brings

ATB
AJP

Excellent stuff R

Was just thinking have the following " We expect to see at least one new EU detergent product on the market this year, a new hair care ingredient launched in the coming months, and major new potential in hygiene applications." been included in the revised target of $5.2mill, as if not the we could be looking at well over $6 mill for the year, we know how John likes to keep to the conservative side so maybe only guaranteed sticky revenues have been accounted for?

Just a thought

Maybe a very nice new year present?

ATB
AJP

Strange cannot buy at the moment NT for as little as 10,000 shares

ATB
AJP

FinnCap

We have raised revenue expectations from $4.7m to $5.2m,

Target SP remains 12p

ATB
AJP

Steady as she goes.

Nothing in the increase in inventory? one for this afternoon.

"The immediate and long-term prospects for Itaconix are progressing very well as existing customers expand into more retailers, new customers bring new formulations to market, and potential major new customer projects advance in our pipeline. We expect to see at least one new EU detergent product on the market this year, a new hair care ingredient launched in the coming months, and major new potential in hygiene applications.

The Company remains on course to deliver full year 2022 revenues ahead of current market expectations based on progress in commercial volumes and success in passing on increases in direct costs.

ATB
AJP

Will we get a mad rush to grab some shares, just before the close?

ATB
AJP

Very true John can struggle with his presentations at times, but Let's hope that the RNS tomorrow does all the talking, backed up with a broker upgrade from FinnCap, and us moving towards a more realistic M.C

ATB
AJP

Think we may get the MM's trying to drop the price and try and build up a war chest for tomorrow?

Cannot wait for the RNS to drop at 7.00 am tomorrow

All the best to all long term holders, let's hope that this is just the starting point of a very successful period for ITX.

ATB
AJP

Hi All

Has anyone asked the question on the 80,000Kg of Itaconic Acid that we have taken delivery of in the last three months?

Thought I still had time to ask the question, but see that this is now closed on the Investor meet forum.

Think if it has not been asked then think there is still a chance to ask questions during the live presentation?

Think that we are on the brink of something really special.

ATB
AJP

A couple of nice buys on the Aquis Exchange this morning. moving the price up.

Hope that there are plenty of good questions being formulated for Wednesday (pun intended lol)

12.09.22 | 08:51:21 43829 6.006
12.09.22 | 08:16:22 83175 6

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AJP

Hi All

Just a couple of points that may have been highlighted before, but worth consideration

We must have an additional advantage selling into Europe at the moment with there almost being parity with the currencies?

The consolidation, is this a given? I know it is designed to facilitate the US market and bring in additional investors from over the pond, but if the share price was to reach a value suited to being able to being held in broker accounts in the US, would this still happen?

Any thoughts on this?

ATB
AJP

Hi

I would hope that there will be many questions being formulated for the presentation on Wednesday and one of them should be on the recent shipments of Itaconic Acid and what this has been earmarked for, but I guess that they could not say anything about this unless there has been and RNS released prior to the Presentation?

That being the case could we expect further news prior to Wednesday?

ATB
AJP

Sorry

Missed this one out on the list of highlights, how remiss of me. Excellent trading today, nice to see us moving in the right direction.

The Company produced record unaudited revenues of $3.0 million for the first six months of the year. These revenues reflect 124% growth over the first half of 2021 and 149% growth from the second half of 2021. In addition, they are 118% of the full year revenues for 2021 and 93% of the full year revenues for 2020. The Company is in a strong position to meet market expectations for revenues in 2022.

Could next week be followed up with a Broker upgrade from FinnCap?

ATB
AJP

Cont

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)

Engaged with at least two companies on biodegradable applications. (update?)

Potential for two new partners in the not to distant future (would be good to hear about this)

Currently supplying ingredients into 130 brands (multiples of this for actual products)
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 3-5 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 from $750 million to $2.3 billion, and that significant opportunity exists within our technology platform to further expand our addressable market.

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.

ATB
AJP

Hi All
Had a second look at some of the 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.

• Zero debt.
• Revenue/sales increasing
• Sticky repeat business.
• Certified Green/Eco friendly products
• Ever growing base of high profile customers.
• Development agreement with a major North American pulp and paper company
• High profile partners in Nouryon (Personal care) & Croda (Home care) and TBA (Diapers/personal hygiene products)
• Ingredients ringfenced with great IP, with additional ingredients patent pending.
• Distribution out of New Hampshire & Belgium.
• Process can double from here without any further cash injections.
• Good level of cash in hand (tight reigns on cash flow).
• New institutional investor on board 2021, they approached us.
• Additional raise for European demand $300K via IP Group, John and Laura involved
• We are reaching breakeven and likely to be moving into profit month on month.
• 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
• Increased marketing efforts with broader promotional activities moving into the second half of 2022.

Current main areas for revenue are Odour control, personal care and dishwasher tablets.

There is a large pipeline currently being undertaken on customer projects.

No issues over either raw materials or finished good as we have a good supply of both, we have just added circa 80,000Kg of Itaconic acid in the last 3 months 2022 (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 a new 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.

Hi Frozen

Thanks, feels very much like we are being manipulated down, for whatever reason, but sure as eggs are eggs it is the nervous PI who gets fleeced.

Would dread to think what would happen if we had a bit of bad news lol

As you say for those that have spare cash (who has that nowadays) it is a buying opportunity, totally ridiculous MC at the moment.

Lets see what the rest of the week brings

AIMHO
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AJP