Member Info for BobsSocks

Ignore me.

This one cropped up in my research as a company that could be an up and comer. Having made huge profits in the property, leisure and food industries it looks like they pivoted to technology more aligned with the exceptional technology skills of the present management. Last I heard they had converted a left over portakabin from some land they sold or thought they might have bought , could have been allotments, into a Crypto Data Center and were doing AI stuff like Google and Microsoft. Impressive stuff. Have there been any updates I should be aware of?

Ooops...

https://blog.google/outreach-initiatives/sustainability/google-ai-wildfire-detection/

We’re partnering with leading wildfire authorities to launch FireSat, a new global satellite constellation designed specifically to detect and track wildfires the size of a classroom within 20 minutes.

Christopher Van Arsdale

Climate & Energy Lead, Google Research

Fingers crossed Wyld are involved but if they are not Google is sniffing around their territory.

I kind of get the disinterest that might result from your being ignorant but if you bothered to pay attention to things of a technical nature, always a good idea when you are investing in a technology based company, you might have noticed that Wyld is very much dependent on Lora for their product and Lora runs the IMS band in the 902-928MHz range in the US which is where these people are trying to make their land grab. I'll leave you to reconsider your stupidz.

Https://www.eff.org/deeplinks/2024/09/nextnavs-callous-band-grab-privatize-900-mhz

Subscription commitments and underwriting commitments

Exemption from the mandatory bid obligation

Apart from the document being devilishly complex what is it with the offer of "compensation" for underwriting the offer?

Did Tern get the same offer of "compensation" for offering to underwrite it?

Given they are not mentioned by name as being made and accepting that offer you would have to assume it was made but they did not commit to it.

You might only assume they have thrown in the towel on Wyld.

I shouldn't think many current holders are very happy. They get a 97.6% dilution when it happens on top of a 75% dilution as a result of it being announced. It's like getting zeroed out and having to start again but everyone should be happy that they have a preference so they are not going to see the company taken from under their feet. Not so much a shotgun wedding. More like a shotgun anniversary. Refinance us or else.

Double crumbs I just check the Wyld SP. Down 75%.

"For existing shareholders who do not participate in the Rights Issue, this will result in a dilution of 97.6 percent of the votes and capital in the Company, assuming full subscription."

If Wyld is/was one of Tern's golden gooses then if they don't take up their full options their 19.9% holding goes down to 0.48%.

Of course I have probably got the numbers wrong but if that is the case they will have to come up with £1.48 Million to keep parity.

People will be on the hunt for anything to do with green energy including storage.

Https://www.futurebridge.com/industry/perspectives-mobility/supercapacitors-a-viable-alternative-to-lithium-ion-battery-technology/

"Based on recent research in Supercapacitors, a breakthrough could be achieved from Graphene-based Supercapacitors, leading to significant advances in Supercapacitors. A study at the Queensland University of Technology and Rice University resulted in two papers published in the Journal of Nanotechnology and Power Sources. Researchers at these universities proposed a solution consisting of two Graphene layers, with an electrolyte layer between them. This resulting film is strong, thin, and can release large amounts of energy in a short time."

https://www.cap-xx.com/cap-xx-signs-joint-venture-with-australian-graphene-technology-specialist-ionic-industries/

As per the blokes CV. Previously with ITM, hydrogen power so has skin/knowledge of green power and, presumably, energy technologies for grid storage. Of course super capacitors are still playing catch up in terms of energy density but their power density gives them an advantage in certain applications including hybrid storage.

Just Rambling.

"GST need to be more transparent with their income generation. The crypto bull run is just round the corner in my opinion only and this will help. GST will be fine in the long run

Qbt is my personal choice as their offering is truly unique , and i appreciate like all AIM shares there is risk, but thats the risk i am willing to take. Good luck to holders of both"

Really should not move next door and demonstrate their inability to operate Close In Weapons Systems.

Rishi loses his age cut off ban on tobacco and vaping because it was not advanced enough to make it through wash up. Happy days.

Steve is, once again, asking well reasoned and formulated questions but now Steve is calling for action.

The Issue Notification...

https://patentcenter.uspto.gov/applications/18175028/ifw/docs?application=

was made on the 8th of this month. They have only announced it today.

hTTps://www.lse.co.uk/ShareChart.html?sharechart=SALT&share=Microsalt

The recent share price rise began on the 8th. Someone spotted it and got in.... or?

Sound. If I read you right then I get you. However whilst I have been a cynic no-one deserves that after hours betrayal. The only positive I see is that they did not wait until after hours on a Friday with a Bank Holiday weekend. They have booked tomorrow for early pain.

"Am I wrong?"

Sorry. I should have read comments from the regulars first before trying to work it out.

90% to the Sophists and 10% to the Plebs. The Plebs have to vote for it or the company is no longer a going concern and delists? The management would like to take part but they can't. Placing at 1.25p when closing SP today is 2.175, a 43% discount? 489.31m shares in issue and they want to issue another 450m? OK so I'm not invested here, I did have some once, but I have kind of followed it, with cynicism, but if this is not rape it is a comprehensive sandbagging.

Am I wrong?

Https://patents.google.com/patent/US9491961B2/en?oq=9%2c491%2c961

as a result of the most recent application granted to Microsalt...

https://patents.google.com/patent/US20210037865A1/en?oq=US+2021%2f0037865+A1

where it is cited.

The US9491961 document makes for an interesting read in as much as its description, which seems to offer greater clarity compared to the Microsalt one, of the resulting product suggests that hollow spheres of salt, presumably bound by the carrier are formed.

The compositions proposed, 15g salt vs 1g carrier per 100mL solvent the solvent being water, is also interesting. Microsalt's web pages suggest that their raw product only achieves a 50% reduction in salt and this alternative seems to be much better.

US9491961 also details the addition of other flavourings, onion, basil and chilli for example, to the product. I was wondering why Microsalt have not considered a similar extension of their product but I suppose that this 2015 patent is still in force so there is not much they could do in terms of being inventive and the presence of that granted patent might stop them anyway unless they made deals.

On top of that US9491961 specifically mentions a product specifically intended for use in the production of bread. Here they are using fats to make the product insoluble. I had wondered about the Microsalt product dissolving in water. It looks like these other people may have got there first.

Going back to...

https://www.lse.co.uk/media/SALT/rick-guiney-ceo-of-microsalt-explains-why-they-are-targeting-the-largest-food-b2b-manufacturers-66mp9ug6nr2vngy.html

Rick Guiney seems to get a bit excited about the news that a bread manufacturer woke them up to this possibility which seems a bit odd given a Patent cited in their own Patent told them that was possible. Perhaps Rick does not pay too much attention to what is going on elsewhere,,,

Sorry it was Konrad Dobrowski...

https://youtu.be/H3nM2EPMdsI?t=764

Obviously my concerns here are that although Microsalt may have a certain level of IP protection when compared to what else is or may be available via research papers and IP held by other entities they may not be on solid grounds in respect of protection given other routes appear to be available and in some cases appear to be closed off to them.

Ultimately it appears that the business is very much dependent on time to market and first mover advantage and the concern should be that there is the possibility that once they have made others aware of the possibilities those customers might look for other or more extensive solutions and abandon Microsalt.

I believe they do mention such possibilities in their listing prospectus and, hunting about the place, those warning appear to be very real.

Looks like they are keen to acquire something.