Member Info for Badsterman

Welcome back Ratboy!!

Both the LUCY and BELL floats have stumbled and I think there is a fear that SALT could follow the same path, hence the disconnect between NAV and MCAP.

However, there is plenty of commercial traction;

LUCY - Reebok deal

BELL - Innomax deal

SALT - 60,000lb order

GUIDENT - AuveTech orders.

The reseached amongst us are also aware of multiple smaller deals/partnerships in each of the portfolio businesses.

BELL and LUCY are due to report shortly, which may hold the SP down.

I'm following the money (Kight and Dangoor), steady as she goes and hopefully a solid 20p base by the end of Q1.

(I haven't mentioned AI, shocks or the invention evaluation services!!).

The Oakbloke blog is worth a read, if you want a detailed "state of play" review.

The BOD are battening down the hatches.

They'll get 5 million votes from Sanderson, possibly in lieu of some future CLN.

They've cash in the bank and have booted out the resolution.

Got rid of Stella and sidelined Professor Hargreaves.

Change ain't happening.

Lolly, have a listen to Judith Batchelar;

https://ukinvestormagazine.co.uk/reducing-sodium-consumption-and-cardiovascular-disease-with-microsalts-judith-batchelar-obe/

"Improves the "proving" time of bread due to better distribution of the particles."

"Adheres to snacks better than larger particles of salt, less waste in manufacturing".

"Microsalt in prepared products stays salty over the life of the product".

"Better marketing opportunity for products that meet lower salt targets e.g. end of aisle offers".

"Worldwide legislation will force change as per the sugar tax, e.g. reformulation work".

"Historically potassium chloride alternatives had a different flavour and behaved differently, "it just didn't work", "customers rejected products".

Perhaps you like to compare your point of view with that of Judith Batchelar MBE and Microsalt NED?

Here ya go fella;

"Shelf registration, shelf offering, or shelf prospectus is a type of public offering where certain issuers are allowed to offer and sell securities to the public without a separate prospectus for each act of offering and without the issue of further prospectus."

The patent has also been granted, I suspect LUCY will have to attend a delisting hearing and are preparing the groundwork.

That's a wild guess on my part!!

Https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=318041861&type=HTML&symbol=LUCY&cdn=4b1b26e73208cd95b8f3f72e800728d4&companyName=Innovative+Eyewear+Inc.&formType=S-3&formDescription=Registration+statement+under+Securities+Act+of+1933&dateFiled=2024-02-07#a_001

Well OB,

Redx Pharma sold their pre-clinical KRAS Inhibitor programme for $10 million upfront, plus milestone payments, to Jazz Pharma.

If the Barcelona project comes up with right molecules perhaps the Greek dream would be realised!! 👍

LUCY patent granted for Smart Glasses

https://ppubs.uspto.gov/pubwebapp/static/pages/ppubsbasic.html

Run a search for - D1013765

Nothing filed with the SEC yet Sea,

Stocktwits are suggesting an earnings report is due on the 13th Feb. It can't be worse than the last one!! 😁

The ambitious quarterly updates/reviews, tweets (x), strategy announcements and corporate gloss have been replaced by.......silence.

Instead, we've an agreement for 401 in return for shares in a company run by Tobias Wilson Waterworth (last seen on a jolly to Dubai - see LinkedIn). By profession he's a Chartered Accountant and was a Director of the now insolvent Atlantic Pharmaceuticals Ltd.

Stingray Bio, whose website only ever consists of "coming soon"....🙄

Meanwhile the EUDA/TRX/201 saga drags on ad finitum, the lab hasn't a single contract deemed worthy of an announcement and Cytolytix gobbles up more cash.

Stella leaves, then we're told Professor Hargreaves has stepped down from the SAB.

Other than the eternal optimist (PM2022), has anyone got anything positive to say? 🤣

It's a classic AIM "jam tomorrow" statement.

I've a few concerns, not least the higher price per ton, the huge volumes needed to generate profit and the massive manufacturing/delivery capability required.

However, I did listen to the presentation and the Board seem unfazed by the the size and cost of scaling up.

I bought a couple of shakers and like the product. In my view the shaker needs work to overcome the flour-like distribution onto food and the difficulty moderating portion sizes directly from the container.

Lots of development work needed but undoubtedly great potential.

GLA.

My big issue is the lack of new evaluations.

We've had one agreement with Stingray Bio who can't even be bothered to update their website, some three months since the announcement.

We were promised on the 28th September (Op Review RNS) that "Negotiations are ongoing with a number of parties to initiate evaluation agreements.".

Having received £1.86 million you would think the Board would be keen to sign a deal, or two, and begin utilising the lab to its full potential.

Thanks CM 👍

This chat board has been excellent the last few weeks with some really insightful posts, I have also enjoyed the Oakbloke's analysis.

Mrozzy posted a terrific link on the Salt board;

https://twitter.com/UKInvestorMAG/status/1754091869988889046

Judith seems the consumate professional, with an excellent CV.

Https://www.prnewswire.com/news-releases/innovative-eyewear-inc-commences-shipping-of-nautica-smart-eyewear-collection-302050664.html

"Nautica Smart Eyewear Collection has commenced shipping direct to customers in the US, with Canada and Mexico available shortly. Additionally, the product has begun shipping to select Nautica retailers in LATAM, Japan and Europe for review and potential inclusion in their product lineups. We believe this launch marks a significant milestone in the Company's growth and its strategic vision."

So Cliff subscribed for an additional

2.58 million shares in the IPO, which I assume he funded from the LUCY loan and BELL sale.

He's got to pay LUCY back within 90 days, I wonder how he plans to do that because the SALT holding is subject to a 12 month lock in.

Warrants are available, at over 10% of the SP.

He must be confident.

Come on everyone, let's play nicely.

We are all familiar with Lolly's salty viewpoint, can't we reserve the mudslinging until after the listing?

Not knowing the identity of the 60,000lb buyer is making me sweat, it could be a game changer.

Whatever your view the SP is up and it's an exciting time to be invested - so let's be pleasant, eh?

🙏

I hate to burst your bubble Sea, but;

Someone just sold 70 Lucy shares for 35 cents each in premarket, so it's down 17.44%! 🤣

Seaman's got his mojo back!! 🤣

Dennis has 10,000,000 shares, including £40,000 worth purchased at 0.8p last July.

Unlike a lot of AIM CEO's he has plenty of skin in the game and more to lose than many of us investors.

Personally, I believe in what he says.

Well, if Cliff is planning a big bang - it could be time.

a) release the name of the 60,000lb buyer to kickstart the Microsalt IPO.

b) LUCY boost SP over $1 by launching Reebok deal, thus avoiding delisting

c) BELL issue some decent numbers (an update is due).

d) We get some Guident revenues and/or a Revive sale.

Granted, it's all the stars aligning, but not impossible.

Cliff's raised cash for a reason, all will become clear by the weekend.

Hold for gold!! 🤣