Member Info for Bolgas

“But fear not bigger deals with real numbers will follow shortly”

Hopefully in time for Christmas, had a few more of these golden tickets today, intend to add a few more.

China has the largest obese/overweight population in the world, in excess of 90 million adults.

1% of those using this product would be massive numbers, that’s excluding Europe, UK, Aus etc etc.

900,000 users in China paying £20 a month , it’s telphone numbers when we talk 5% or more when the product lends itself to sports people and many more.

This company is going to be a billion plus, turbo charged on way up.

As confirmed in RNS on 27th, China would be massive and should be a complete game changer in terms of revenues.

Next couple of weeks will be very intersting indeed as they confirm sales and who’s buying, expect a few big names to drop.

Surprised we are struggling for £1, not the time to be trading this one imo.

RNS from 27th mentions China, that’s for a reason imo.

Distribution deals, major retailers signing up and major news at Tata all before Christmas I reckon, that should lift this up to new highs with ease.

Strap in folks.

£1.50 next week :)

Problem also is that domes already drilled have not lived up to expectation, I suspect market will want more then one drill success on a new target to get a sustained rise, specially here after the capital raise that occurred last time.

Further the T3 sale hasn't installed short term confidence, we have sold that for effectively 6% of MOD, exclude those warrants as they are only valid upon certain conditions and we are limited to 12.5% of MOD after event anyhow.

Assuming MOD is sold for a billion that's $60 million for T3, sure we have investment as well but there's no guarantee even after exercising warrants that our share will remain around 6%, unlikely at todays MOD share price hence MTR purchase on market recently.

Good long term hold, but I fear Sprott will take this out well before theres any serious investor gains, 6p is a far cry from todays price and Sprott appear to have geared themselves up fro a sneaky takeover when you take account of their new holding and available warrants.

One on the watch list for me, but there's nothing exciting about happen IMO, they valued T3 at what, then use that figure to value any future exploration success over market cap.

Sorry for anyone who's in negative, hopefully come Q1 next year that will negated, it will take something special to get above previous placing price IMO.

Good luck and always remember to learn from these experiences, all is not lost as there's strong news flow early next year all being well.

Grey is clearly grid imports, there's no significant storage discharge to suggest they are charging during off-peak periods. Also there is no suggestion of trading energy as originally suggested, perhaps i'm ahead of the game here but they need get this sorted quickly as the products in action are not producing enough results to make them commercially viable IMO.

Here's from RNS back when these had grid connection:

redT's machines will initially be used to create "firm solar" power by timeshifting excess solar generation produced during the day for use during peak times when electricity from the grid is most expensive. This operation could save The Olde House up to 50% on grid imports during peak times. It will also create revenue by tracking and dynamically responding to changes in grid frequency and providing grid services such as; Short Term Operating Reserve (STOR), participation in the Capacity Market and Demand Turn Up.

The grey areas are grid imports, they clearly aren't charging those units during off-peak periods. I can only assume these units aren't connected to the grid, there's no other rational explanation.

Further I thought Centrica was to operate these systems, the whole point was to load and unload excess electricity to make a self sufficient grid that didn't need import electricity from the traditional grid as we know it. From what I can see they are not trading any electricity as had been anticipated from this scheme, maybe thats the answer.

I'll leave it to others to email redT on queries, perhaps whoever does can share the answers here for all to see, fact is we as investors shouldn't need be asking questions, it should be obvious and these systems should be cycled twice daily to show their worth over a lithium alternative.

OF, it's quite obvious that they should be using that storage system to download energy during off-peak times to use at peak periods rather that import expensive electricity during that time, that's one of the advantages of having a VRB that it can be cycled twice daily.

You can't use solar twice daily, so clearly they are missing a trick, I'm not electricity expert nor claim to be, but I can see a glaring whole in what they are advertising to investors.

Why else would they have produced a product that needs be run for 80% plus of a 24 hour period if they aren't using it to exploit cheap energy prices at off-peak times.

Bury your head in the sand if you wish, but there's something not right and what they are clearly boasting about is a clear negative to those who have done a little research.

Parob

Just to clarify my point was these types don’t use it as a meal replacement but an additional boost, or a desert if you like. That product offering is good but that marketing doesn’t hit the right cords with a target audience that is kind of unknown I suppose.

This company has just gone to the next level, after years of investing here the years of hope have become a reality that is rare on aim, I can see this company quickly progressing to a billion pound plus business and beyond.

Should have read....

even use it as it's a feeling of eating. A tablet is kind of against the rules I would have thought, I'm not overweight BTW but understand addictions and how minds work.

Hi Parob,

I had although I'd not thought about it when thinking about revenue streams for XLS, I was really trying work out how their income revenues had topped £100m, I suspect a lot of that is down to uses such as sport people as opposed to those wanting a weight loss product. Sounds wrong I know, but how many people want take a tablet to stop weight loss, not many I suspect as they are generally addicted to eating, taste etc.

Give someone a shake and they'll try it, even use it as it's a feeling of eating a tablet is kind of against the rules I would have thought, I'm not overweight BTW but understand addictions and how minds work.

Bit like asking a smoker to stop smoking, they want to but enjoy the habit, give them an inhaler and they are happy to exchange habits, give them a nicotine tablet and they'll stick with the tabs.

SOH needs get these into mainstream supermarkets and fast, i'm sure he will, at same time needs point out the advantages of our product that he will do as you rightly point out he's already aware of the complete market place.

Quite outstanding and thanks for highlighting.

More I think about this the more I remember likes of some Cyclists I used to speak with, I knew a few who'd take a health shake after a meal, something I'd not thought about until this evening. I'm not a cyclist btw.

If you look at their offering it is high in protein, likewise Opti's product, that's quite crucial for exercise and of course those who are exercising don't want have hunger pains whilst they are active. It's actually not just a product aimed at those wanting to diet but also those who want high protein and feeling off fullness whilst exercising.

Those I used speak with can't be the only serious cyclist or active athlete types who use this type of product, it therefore will lend its hand at a much wider audience then some 60% UK population that are overweight.

Quite a product with a humongous audience, you can see below why sports people might change their product over to Opti's, IMO.

https://www.xlsmedical.co.uk/products/new-xls-nutrition-vanilla

"31g High quality protein for optimal health, B-Vitamins for energy release"

https://optibiotix.online/collections/weight-management/products/gofigure-meal-replacement-shakes

"Each shake is bursting with flavour and includes high levels of protein, fibre, super greens, 23 vitamins and minerals"

Risky, I have looked at their website and it clearly states aimed at UK market only, unless there's another company setup for european sales, although that doesnt make much sense. It does seem odd, so maybe i'm missing something. Remember they offer shakes and tablets, it's not just a one trick pony.

That said they have a good sales distribution in UK, likes of Tesco and ASDA will help get them into volume consumer markets. If we assume 0.1% of UK population are using that product at a cost of £20 per month gives £158m annual turnover, based on population of 66 million.

On that basis I'd say the figures for a European and UK product are conservative, I'd expect much more then £100m, at 0.1% usage it would make sense for that to be UK only, all guess work thou.

January is always best month for diets and associated products, let's hope we get publicity during that period and product on shelves in anticipation, SOH is no fool, expect big deals before then IMO.

Hate being down on this share, but there's questions that really need addressing (apologies OF).

Has anyone actually studied that publication from redT? Looked at it and wondered what we have been told in the past and what is actually happening?

That off-peak tariff, why aren't they exploiting it? It's either not financially viable, completely useless at trading or the system can't make it pay for some unknown reason.

Just makes the systems look really poor, nothing temps me in that publication to say VRB is the answer to my electric woes. Am i missing something, abuse ignored OF, I'm asking as I'd like to know.

"This Website is designed to comply with European Union laws and regulations and is intended for use by UK residents only."

Marketing UK only, potential revenues for worldwide in theory will be multiples of that £100m.

Risky,

Do you know if XLS medical are selling in UK only? I see from their website it is mainly UK based companies, not looked into it.

I'm referring SlimBiome, forgot mention.

Risky,

There's a programme by the NHS to combat obesity, if we look at the stats for UK alone it is quite astonishing:

The targets are in two parts; the proportion that are obese and the proportion that are overweight and obese. These targets were established based on the Health Survey Northern Ireland (HSNI) 2010/11 results which reported that:
 59% of adults aged 16 and over were either overweight (36%) or obese (23%), and
 27% of children aged 2-15 years of age were either overweight (19%) or obese (8%).

Just imagine what these figures are in the US and Europe, it is quite possible this could be just as big, maybe bigger, than LPLDL. Over half the UK population could benefit from this, get a TV marketing programme going SOH!

If SOH can get this product promoted say via NHS for those who have a high BMI that would be something, you would be surprised how many people are aware of their BMI and how many have been told they are at risk of diabetes as a result.

Worth a read here:

https://www.health-ni.gov.uk/sites/default/files/publications/dhssps/obesity-fitter-future-outcome-framework-2015-19.pdf