Member Info for Aqc888

Good luck to you all. Keep buying it.

There’s nothing there to say there is anything the matter with them. Often companies are very conservatively valued and sometimes not so conservatively valued. It’s all opinion until there an ipo. That’s when the real value should be reflected in the share price.

Please point out what is incorrect in the post featured on advfn

Adam sky, since you asked for it, here it is again;

With antics like this reported on advfn all credibility is lost;

There is a significant disconnect between the values accorded to TEK's investments versus a common sense assessment of those businesses. Eg Lucyd:

Valued by TEK at $17.3m (and increase of $12,5m) because of:

"Increase in the fair value of our Group's shares in Lucyd Ltd (increase of US$12.5m) driven by commercial progress and a REG CF crowdfund conducted at a $20m pre-money valuation."

Here's the crowdfund:

Https://www.startengine.com/lucyd

As you can see, the reality of the matter is that Lucyd gave away free product to encourage investors to take up shares and even then they *ONLY* raised £155k!

You can also read the registration statement for the supposed $10m IPO here:

Https://www.sec.gov/Archives/edgar/data/0001808377/000182912621016248/innovativeeyewear_s1.htm

I would highlight:

1. The balance sheet at 31 Dec 2020 was technically insolvent with minus $555k of net equity.

2. 2020 revenues were a mere $57k and the product was sold at a loss!

If you read TEK's results you will not find any detail about Lucyd's actual performance other than to note that Lucyd owes TEK $85k.

Personally I think that Lucyd is a joke and worth probably no more than $500k, which means that TEK has inflated the value in its balance sheet by almost $17m!

A similar analysis of Guident reveals a pre-revenue loss-making business that TEK has invested less than £1m into but which TEK claim is worth $18.1m.

There is something deeply suspicious about how TEK accounts for its investments. Perhaps that is why Nigel Wray is dumping his shares in TEK:

Https://www.investegate.co.uk/tekcapital-plc--tek-/rns/notification-of-major-holdings/202206070700088989N/

With antics like this reported on advfn all credibility is lost;

There is a significant disconnect between the values accorded to TEK's investments versus a common sense assessment of those businesses. Eg Lucyd:

Valued by TEK at $17.3m (and increase of $12,5m) because of:

"Increase in the fair value of our Group's shares in Lucyd Ltd (increase of US$12.5m) driven by commercial progress and a REG CF crowdfund conducted at a $20m pre-money valuation."

Here's the crowdfund:

Https://www.startengine.com/lucyd

As you can see, the reality of the matter is that Lucyd gave away free product to encourage investors to take up shares and even then they *ONLY* raised £155k!

You can also read the registration statement for the supposed $10m IPO here:

Https://www.sec.gov/Archives/edgar/data/0001808377/000182912621016248/innovativeeyewear_s1.htm

I would highlight:

1. The balance sheet at 31 Dec 2020 was technically insolvent with minus $555k of net equity.

2. 2020 revenues were a mere $57k and the product was sold at a loss!

If you read TEK's results you will not find any detail about Lucyd's actual performance other than to note that Lucyd owes TEK $85k.

Personally I think that Lucyd is a joke and worth probably no more than $500k, which means that TEK has inflated the value in its balance sheet by almost $17m!

A similar analysis of Guident reveals a pre-revenue loss-making business that TEK has invested less than £1m into but which TEK claim is worth $18.1m.

There is something deeply suspicious about how TEK accounts for its investments. Perhaps that is why Nigel Wray is dumping his shares in TEK:

Https://www.investegate.co.uk/tekcapital-plc--tek-/rns/notification-of-major-holdings/202206070700088989N/

I suspect AQC works for either this neck fan business or led glove company that came 2nd & 3rd place in this tacky Father’s Day gift list rankings.

https://www.syracuse.com/living/2022/05/fathers-day-2022-best-gifts-on-tech-grill-accessories-for-burger-making-and-grill-cleaning-plus-more.html?outputType=amp

We at Tek won first prize with our musical sunglasses you see. AQC and his neck fan & led glove accomplices can’t handle they didn’t win and have been shamelessly deramping ever since. They are targeting tek because musical sunglasses make up a third of our market cap.

Jealousy - that’s all it is. Keep investing boys!

Exscentia, is part of the portfolio. It was listed for $2.9bn. Frontier sold a chunk of these shares it got without paying for them. It’s the first company of frontiers portfolio which has breached $1bn.

There are 16 other companies some with even better prospects. Not sure how this is a negative. But if you think musical sunglasses are worth a third of a venture capitals portfolio despite the evidence to the contrary by jaknife… then you probably would think this is an example of failure

Teks investments have had their trousers completely pulled down. Previous lows of 12p will be optimistic. Just take a look at the musical glasses which are a third of teks market cap. It’s the worst portfolio I’ve ever seen.

My post of 2.9/5 was in direct response to evidence of salt me crisps being poor value for money.

I went to the “value for money” section of Amazon reviews and quoted that number as evidence for the direct question of value for money you asked… now I’m devious for answering your question with a precise answer…

Adamsky, you are so utterly deluded and full of total lies it’s impossible to have a rational discussion. You will get what you deserve with this investment.

Salt me is the trading name of microsalt;

https://www.**********.co.uk/articles/tekcapital-s-microsalt-completes-us-roll-out-of-saltme-crisps-range-194e8f9/

1. I didn’t say I couldn’t read the RNS about Nigel Wray I said I wanted you to show me, maybe a cut and paste will do, to prove that he has reduced his number of shares. Or is this a lie ?

This link is in the post I just forwarded you

2. You have not answered the question about how you know that MicroSalt is very expensive. Evidence please or another guess or another lie.
See below a
$20 for x6 small 5oz bags is expensive.

https://thespoon.tech/microsalt-reformulates-salt-so-you-use-less-of-it/

3. Show me where MicroSalt is for sale on Amazon with a rating of 2.3
Scroll down to bottom and you’ll see value for money where it scores 2.3/5
https://www.amazon.com/SaltMe-Original-Better-Potato-Chips/dp/B08M9JZJQX

Would you like to apologise for your comments about lying?

You really shouldn’t be telling other readers not to trust me. It reeks of desperation to support your rapidly failing investment.

Adam sky,

An example of outstanding rudeness can be seen in a response 30mins after your post.

The Nigel ray comment was forwarded from a poster on advfn. As you said you couldn’t read it I forwarded it to you. (This was explained)

Microsalt currently has 2.3/5 on Amazon for value for money - so that’s what it’s customers think.

You are indeed corrrect in pointing out AirPods
are not glasses. They are Bluetooth enabled devices which play music - like your musical glasses which make up a third of teks market cap. Just to recap from advfn board I shall forward the message again.

Your comments on Exscentia are really quite amusing. You don’t seem to grasp that it’s ipo was for $2.9billion and that frontier did not pay for its stake. You also miss the point that frontier sold $8.3million and have plenty of cash from this to support its portfolio without constant fundraisings. I find it very amusing that this is a point you see as a negative.

Unfortunately it’s very expensive and can only be used on dry products. I do agree though that it’s a lot better than the musical sunglasses. Shame the musical sunglasses are a third of teks market cap. Good to see the musical sunglasses won first place above the neck fan and led glove - unfortunately I’m not joking here - a Tek fan posted an article this morning to support Teks investments with this fact.

It really isn’t that time consuming. I researched tek a bit and published my (mostly negative) findings here to see whether I was missing anything and if there were any counter points. They were mostly negative since that’s what all my research was pointing to. However I was met with astounding rudeness - which prompted me to make my points more forcefully and do my best to pull down the trousers of Tek.

I wouldn’t call it retaliation or spite. More a lesson in manners. Poor manners will often lead to negative consequences.

Tivman, you’ll need to direct your question to the poster of that comment on the advfn board.

Feeks, my motive for this is just purely in response to the rude comments that have been directed to me. I see it as a valuable lesson in manners - and that rudeness has consequences.

What lucyd was ranked one place higher than the “portable neck fan” and the “led glove”??!!

Wow, good luck guys with your investment here.

Perhaps you should find that neck fan business and invest in that too!!

It’s a third of teks market cap.

Here it is again incase you missed it:

Here’s from advfn…

AQC888,

I agree wholeheartedly with your comments. There is a significant disconnect between the values accorded to TEK's investments versus a common sense assessment of those businesses. Eg Lucyd:

Valued by TEK at $17.3m (and increase of $12,5m) because of:

"Increase in the fair value of our Group's shares in Lucyd Ltd (increase of US$12.5m) driven by commercial progress and a REG CF crowdfund conducted at a $20m pre-money valuation."

Here's the crowdfund:

Https://www.startengine.com/lucyd

As you can see, the reality of the matter is that Lucyd gave away free product to encourage investors to take up shares and even then they *ONLY* raised £155k!

You can also read the registration statement for the supposed $10m IPO here:

Https://www.sec.gov/Archives/edgar/data/0001808377/000182912621016248/innovativeeyewear_s1.htm

I would highlight:

1. The balance sheet at 31 Dec 2020 was technically insolvent with minus $555k of net equity.

2. 2020 revenues were a mere $57k and the product was sold at a loss!

If you read TEK's results you will not find any detail about Lucyd's actual performance other than to note that Lucyd owes TEK $85k.

Personally I think that Lucyd is a joke and worth probably no more than $500k, which means that TEK has inflated the value in its balance sheet by almost $17m!

A similar analysis of Guident reveals a pre-revenue loss-making business that TEK has invested less than £1m into but which TEK claim is worth $18.1m.

There is something deeply suspicious about how TEK accounts for its investments. Perhaps that is why Nigel Wray is dumping his shares in TEK:

Https://www.investegate.co.uk/tekcapital-plc--tek-/rns/notification-of-major-holdings/202206070700088989N/

Around of a third of teks value is in this tacky sunglasses company that gets 3.9/5 Amazon, has Bose as a rival and has had its trousers comprehensively pulled down by the advfn poster.

I do hope you’re all enjoying my lesson in manners.

This is teks 2nd biggest investment, btw