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@IntrusiveThought - What additional proof would you like to like to see re allegations?
You have the chairman and CEO admitting that they called two investors on the eve of trial, who dumped millions of shares over the coming days?
You have the chairman admitting that the company was in settlement negotiations for many months prior to agreeing the settlement, whilst a large institutional shareholder was dumping stock on us PIs.
You have a board who wont defend the selling by that shareholder, even though they should have been put on a restricted list?
I hadn't quite checked your posts before, but it's clear you are no better then NGR, Nigwitt, etc.... you have been defending LOAM and the company for months. I noticed you writing on a few occasions after Jan 6th that you would be content with a £50m GBP net figure to Nanoco even before that number came out.
It is all very strange...
Sensible response from Maxi19. Intrusivethought is still working his way through psychiatric issues. I don't think you'll be getting an invite onto the 100m by 'Hammi'. You'll need to settle for the rubber dingy and chip butties with BT, Gray, and Pickett.
There is no indication that Nanoco is involved and in fact it is well known that II-VI (Coherent) will supply sensors to Apple. Nanoco has no involvement with II-VI.
What is well known that Jonathan Steckel (co-founder of QD Vision) headed up Emerging Display Technology at Apple and he had left because he was committed to implementing SWIR sensors in the iPhone, but had issues with functionality and cost. At that time, Samsung had bought up most of the QD R&D players and Nanoco was left to choose from in terms of securing materials and an R&D partner that had no links to Samsung or any competitors. But Apple shut his research down and Jonathan moved to STM in Grenoble... At that time it was clear Edelman traded with inside information - Nanoco's board seem to have an issue managing these situations. I wonder if the FCA was on him and he bolted to the United States.... Back to Steckel and STM - he has continued his very public research on SWIR and is clearly close to a finished product, but there are also rumblings that the deals with Apple and now ST are tech transfers with milestone payments and are not licensing deals.
Management should come clear on what they mean by "commercial production" especially when we consider that they have never produced anything outside of lab samples. Claiming that we can produce £100m-£130m of QDs at Runcorn is a load of bllx - what does that actually mean? What prices are we talking here, volumes, specs, etc? It seems like another misleading marketing ploy from the CEO and his minions.
Let's be real here, we just gave a perpetual license for display to Samsung for products, which will eventually work out to $0.10 per unit by the end of the life of the patents and these display products use 1000x the amount of QDs that a NIR or SWIR sensor would. The display products also use CFDQ, which Tenner claims no one can produce without Nanoco tech, whilst for NIR and SWIR, these are not using CFQD. My point is, even if commercial deals are in sight, what are the terms... if this is per unit, based on the rubbish deal we just agreed (STM and Apple lawyers are not stupid) we are going to be talking pennies, so even if there are high volume shipments, it again goes back to the question of... what does it really mean for Nanoco's bottom line or is this just good for optics to keep Tenner, Nigel, Gray, and the board in their jobs for the next few years. Lets also remember that all these patents have a few years of life left on them. The clock is ticking and as Steckel himself says, commercialisation is still years away.
Oh... censorship, huh!?! Has Nanoco now hired members of the Chinese Communist Party to help patrol the boards?!?!
I thought the 90 year old chairman and welcomed scrutiny (without answering any questions of course)!!
New??? you love twisting things.. Ive been here for months having been ripped off by the obese crook himself, brian tenner
OK Caroline Watson or is it liam gray punching away earning his £400k salary - how great it is Nanoco employ full time bloggers!!!
Nigel's invention failed, his seeding method or CFQD dots do not work in commercial applications. He was simply lucky to have pump and dump artists like Richard griffiths, giles, turcan, and edelman around him otherwise he would be still rinsing out test tubes at the university of georgia. Edelman and Pickett know each other from way back and RG + LOAM (Giles) took them public, it is all incestuous and not a surprise that they were back scratching for ages... its indefensible.
Overpromise and underdeliver is the mantra of Nanoco and rinse PIs - Game over, ball burst here.. red cards and bans for everyone involved
It is in the court documents in plain sight an offer was made. Shall I ask Brian for the written offer letter?! Perhaps you can ask him since you are besties and want to defend him into the grave.
Very funny to see this board splinter into a small minority who will defend BT at any cost, with clear evidence of wrong doing and no matter what evidence is put in front of them and the rest who seem to want the whole lot gone... Is it denial or are these paid agents of nanoco?!!! denial hasn't gotten you very far for 20 years in nanoco, good luck IntrusiveThought, have a nother hit of the hopium!!
Volumes up... good outlook, I don't understand?!
SAMSUNG'S OWN DOTS USE MOLECULAR SEEDING - THIS IS GRANTED TO MR LEROY - BUT NANO'S ARENT STABLE. OUT OF A LAB / IN A PRODUCT, THEY DON'T WORK... HE KNOWS IT AS DO EVERYONE IN THE MARKET... THEY JUST DON'T TELL THE BAG HOLDERS HERE...
You are sick in the head sir.
An infringer made an offer for the company... FORMAL or INFORMAL... not sure what the hell either one means, but on a court record, its clear they made an offer....
THE COMPANY, THEN GOES AND AGREES A RELATED PARTY LOAN PAYING A 200% CHANGE OF CONTROL BONUS WHILST KNOWING OFFERS WERE MADE, AGREEING IT WITH TWO SHAREHOLDERS WHO CONTROL THE BOARD....
THIS IS FRAUD... IF YOU WANT TO DEFEND THIS, YOU NEED TO GET YOUR HEAD CHECKED... SERIOUSLY, ARE YOU BRIAN TENNER'S POOL BOY NOW?? HE IS GOING TO NEED YOU IN BELMARSH
He resigned twice (second the company will claim was related to covid) but nigel was already out the door, his seeding tech has failed and he knows it... its just been used to pump this up
No wonder they won't answer any of Hammi's q's and are holding on to dear life... they are in that unenviable position of having told so many lies there is no possible answer that won't incriminate themselves further and so the lawyers advise them stay off the record.
muahaahha RIP the board.
You are the liar. See below:
Bradley Caldwell (Nanoco Lawyer): Now, we also see like just as an example I'm not going to argue slid exhibits but this is the sort of thing that you see in the kinds of exhibits they want to show. Former hot Nanoco stock up for sale after decade of failure put it up for sale that will end a sad decade on the stock market in which the university of man Chester spent out consistent cad mum free quantum dot technology profitable. It's 40 days before they offered us us $70 million so it's super relevant to a lot of different things. And I wanted to start with that 2019 NDA because it's just so clear.
"OFFERED US....".... Yet Brian and Chris Richards were happy to offer up a change of control and litigation bonus after a successful Markman hearing. This is grand theft.
When the looting starts, the shooting starts.
Pickett handed in his resignation in 2018 and again in 2020. He already had one foot out the door and market chatter is he already has a number of side projects.
The real talent has already left. Quantum Science Ltd (founded by Huo who worked with Nigel) are already selling QDs for IR sensors.
It's Nigel, Brian, and Liam now!! Commercial production lol....
Here is the pretrial conference transcript confirming Samsung made an opening offer in Q4
MR. CALDWELL (NANOCO LAWYER): Yes, sir. So this presentation was
sent nine days after the putative execution of that NDA in
2019. So from December 11th to December 20th. What they say
is we're writing representing Samsung display who's defined as
the bidder, but this proposal it expressly says this proposal
has been discussed with the management of not only Samsung
display but also Samsung electronics company which directly
owns 84.8 percent and is strongly supportive of the
contemplated transaction.
So they were offering us essentially we were looking at
acquiring you because of your quantum dot technology in
a range of 70 to 80 million, obviously very
inconsistent with the type damages model Samsung's going to
come in and present and maybe the $10 million range or
something on that order of magnitude.
This whole debate on production etc is laughable, if I have ever seen a debate between bag holders. been lost on all of you that the board conspired with two shareholders to extract value?!!?!? we should be speaking to a class action law firm at this point not debating who we should vote for and whether we are producing dots in 2024, 2025, or 2026.
I find it very interesting that the presentation makes note that Samsung made an offer for $90m for the company prior to litigation, lets remember that in 2019 Nanoco appointed Evercore for a potential sale, saying they were in early talks... they must have appointed them because of the Samsung offer (required by the exchange to appoint an advisor)...They call off talks and go ahead with litigation, stock gets crushed lower, and start buying again and lending the company money on extortionate terms. There was a f'n bonus for sale of company even after they knew there was an offer from samsung (and also a bonus for settlement of litigation ).
This is fraud .. . This is a multi year racket. these people should be banned from ever serving as directors again, if they had any humility they would have already gone. I hope hamoodi or whoever replaces them pursues them to the fullest extent of the law. if the fca, sfo, or city of london of police don't have teeth then halloumi will be our shot.
Brian T - hope you take assange's place in belmarsh...don't drop the soap
Ha!
I find it ironic that the Richards, whose Plant Health Care is down the gutter today and were considering delisting, moans about governance changes "giving undue influence" to a shareholder. Hmmm, you don't say, "Doctor" Richards?!?!