Member Info for Bella6532

Puk...Don't think it's quite that simple:
http://www.wipo.int/sme/en/documents/value_ip_intangible_assets_fulltext.html

'all this intellectual property is still “property” and is owned by someone, even after a startup goes bankrupt. If the company has raised any venture capital, or has any creditors, they own the property after the bankruptcy.'
https://techcrunch.com/2008/05/06/what-to-do-with-failed-startup-ip/

At the moment DSM is the only one in the World who has the rights to Fruitflow and I'm sure for the time being they're happy to keep it that way. Unlike a product like Omega 3.

PXS has to meet auditors 'going concern' criteria based on company financial status at time of audit (September 2018 not through end March 2018 being the Y/E) for a full year . Future and unpaid Receivables (including fundraisers) at time of audit are not basically considered but all Payables are . So if there is no fundraiser, they must have already received some favourable income since the last results. This would not show in the Y/E results if it came through afterwards but could be considered in the 'going concern' calculations if fully paid up. At this point it's anyones guess. That income could include AA PS and Commission/Royalty for the H& B order. If By-Health has gone into production it could include AA PS for their production run(s) - they did say products (plural). Gixer has been highlighting other activity around other FF based products in Asia and again there may be some traction/re-ordering there too which has generated some more AA PS. Finally there's the FF based product used by Sunweb which again would have generated some more AA PS. The big question is, is this enough to qualify for 'going concern' status without completion of another fundraiser before end September 2018. Dunno!

Oh! CB..I thought everyone knew IF moved there 5 years ago and he's the only full timer PXS has...he does everything including customer service for FF+...I've always been concerned about this...too many eggs in one basket.

27 AUG 08 DSMV bought 230,769,230 PXS Shares @ 0.65p (placing price) = £1.5m = 29.3% of PXS.
21 APR 10 DSMV sold 33,000,000 PXS Shares @ 5.06p = approx £1.6m
23 JUL 10 DSMV sold a further 54,000,000 PXS Shares @ around 3p = approx £1.6m

So DSMV paid £1.5m and have so far realised £3.2m profits – which has covered their initial investment and given DSM some funds to cover initial FF commercialisation – the famous 6 figure sum Moon mentioned.

They still hold 143,769,230 PXS shares (worth today around £0.5m).

They also don’t actually produce FF in house so don’t have own ongoing in house production costs apart from paying someone to make the batches against orders received by DSM.

DSM will farm in or farm out as it suits them. Right now they simply have the use of PXS’s IP in return for a share of the profits (after some costs are applied). If they feel they need to ‘farm in’ the FF IP (for whatever reason), I’m sure they will do what is necessary to bring it solely into their ownership. If not, then business as is. The deal with H&B didn’t just happen on its own…PXS right now is a one man band and he moved down-under a few years back.

Oops...dark here too...should read.
New stock in.
PXS
Min order value

Thanks BB. I see they just updated FF+O pics on Websites. Looks like they've got new stick in. That being the case, the numbers I posted up earlier for PXS FF+O sales might be kind of in the ball park. Not sure what deal is with H&B...can't see OXS being stocking distributor..more likely a commission/royalty deal plus AA PS on FF content. Perhaps also turned in combo order to save each party having to meet mind order value. Many of the smaller/early doors FF based products seem to have fallen by the wayside so what the AA PS element might be is difficult to guage especially with the apparent lack of new launches over the past 6 months too. DSM farms in and farms out...there is a third alternative to be considered...but don't think they're at that stage yet.

Do you have any ideas/theory re the two large trading days...?

Jul - Sept 16 £7000 ACTUAL First 3 months in 1/2 year Results
Oct 16 - Mar 17 £22,000 ACTUAL
Apr 17 - Sept 17 £34000 ACTUAL H1 2017/2018
Oct 17 - Mar 18 £40,000 (Estimate)
Apr 18 - Sept 18 £47,000 (Estimate)

From Be News Section (March 2018)
http://www.bushveldenergy.com/news-archive/37-news/energy-news/116-batteries-for-rent-younicos-launches-energy-storage-as-a-service

Cindercone...'especially with ballooning V prices, which, ironically may force the energy sector to look at cheaper alternatives.'
But isn't that just the point...Vanadium + Battery = Storage. For a company having to buy their raw materials on the open market price is of course all important. However, BMN have their own V to start with and what price would they charge BE and will BE be selling their Battery Storage Units or renting them out? Apologies if the answer to this question is already a know...I'm not quite up to speed in this area...

Someone needs to tell them there's a far better alternative....
'Clark told GTM that Pivot Power would be using lithium-ion batteries for the project, but the company is still in the process of selecting technology vendors.'
https://www.greentechmedia.com/articles/read/pivot-powers-plan-to-fund-a-u-k-supercharger-network#gs.XbCuoKo

Apologies if the following have already been posted...

22 Aug 2018
'PRETORIA, SOUTH AFRICA – The U.S. Trade and Development Agency awarded a grant to Bushveld Energy Company (Pty) Ltd, a South African energy storage solutions company, for a pilot project to demonstrate the performance of an energy storage system in South Africa using technology from UniEnergy Technologies, LLC of Mukilteo, WA.'
https://ustda.gov/news/press-releases/2018/ustda-supports-energy-storage-south-africa-creating-opportunities-us/

30 Aug 2018 'Theresa May has revealed that the UK Government will invest £56m into a South African battery storage project to help the nation bolster its renewable power generation output.'
https://www.edie.net/news/8/UK-Government-to-invest--56m-in-South-African-battery-storage-project/

mmm! I wonder which SA battery storage project ?

https://www.investing.com/equities/provexis-plc?cid=22921
https://www.investorschronicle.co.uk/2013/04/11/comment/chronic-investor-blog/the-evolution-of-small-company-finance-Ob4BrFPPbZaQz8lzeN5F6L/article.html
Is there possibly a connection between last two large £30m trading days, Darwin, Primarybid and an upcoming PXS Fundraiser perhaps...?
https://uk.linkedin.com/in/anand-sambasivan-7634b421

'In total we offer our customers more than 9,000 skus across all of our ranges, including products from some of the world’s most famous vitamin, nutrition and natural beauty brands including Centrum, Seven Seas, MaxiNutrition, Dr Organic and Bioglan.'
https://www.hollandandbarrett.com/info/who-we-are