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We have launched into Russia, looks to be very good timing, especially if some of those large oil companies are looking to purchase an upcoming energy storage company, they certainly have the cash available, all possibilities: - Energy storage is a top priority for everyone active in renewable energy and Russia is no exception. The Kremlin has plans to draw 4.5 percent of electricity from renewable sources by 2024, which means 5.5 GW of renewables capacity and the energy storage systems to offset the intermittency of wind and solar energy generation. Moscow seems very serious about energy storage. So serious that in August the Energy Ministry published a concept paper on the development of energy storage. The paper identified three priority areas, including energy storage systems for the grid; storage systems for utility-scale electricity consumption; and �hydrogen energy,� which means storage systems to be used in electricity applications that require autonomy, mobility, and zero emissions. Anatoly Chubais, head of Rosnano, a $10-billion state investment fund, said recently that energy storage development can completely change the face of the energy industry. He added, speaking at the Vienna Economic Forum, that this transformation could take place within the next decade. It might be worth keeping a closer look at energy storage news from Russia.

Need remember some of those traders who picked up shares sub 7p will be cashing out with a large gain today, sure they could hold on for larger gains. However if that�s not their investment strategy large investors tend stick to their game plan. I would doubt its a II, whoever, is exiting in a orderly way, once cleared should give the shareprice the freedom to move to next price point before we get our next round of sellers and then once they cleared we move on again.

Listen from 1:40 into that, Centrica are contributing but more importantly they are very interested in using redT's solution for long term storage and have potential clients in U.K and across the globe for this product. The prospects here really aren't being fully understood.

Worth reading this article back from June where Acott talks about a hybrid system for those who are new, this really does open up big markets for redT and gives us a distinct advantage over every other product in market today:- Hybrid systems that combine high power technologies such as lithium-ion and long duration, high energy redox flow energy storage is “where the market will go”, the CEO of a vanadium ‘flow machine’ provider has said. Scott McGregor, CEO of redT, a UK-based company which has been developing its devices for over 17 years and has now brought them to market on a commercial basis, spoke to Energy-Storage.News at the ees Europe / Intersolar show in Germany yesterday. https://www.energy-storage.news/news/vanadium-lithium-hybrid-systems-would-be-optimal-for-power-and-energy-appli

The Greens have called for the establishment of a national large-scale energy storage scheme, managed by the Australian Energy Market Operator and the Clean Energy Regulator, and supported by $2.2 billion in funding over a four-year period to build energy storage at grid level. Launched in Adelaide today by Greens deputy leader Adam Bandt and senator for South Australia Sarah Hanson-Young, the policy called for a legislated national target of 20 gigawatts of energy storage technology such as large battery installations. http://www.smh.com.au/business/energy/greens-plan-for-22b-national-battery-storage-scheme-20171002-gyt47o.html

Graphene could well be used in our membrane, there was talk about it but whether it is or not has not been confirmed. Importance of energy storage is paramount as renewables increase and of course reduce in costs and efficiency over time, there's not today anything that competes with VRB, this has a long future and a huge potential market that is being slowly unlocked today. As they say, ever river starts with a drop.

Tiger, you say that almost as if it's a negative, it is hardly that IMO. This is proof that there's a market out there for this type of product, if they have done it for cost or not is really irrelevant in the terms of scale. We have a product that is not only unique within the market place but approved by some very clever folks who have decided ours is the best suited for their needs. That's quite an accolade. We need remember that quite a substantial amount of what is charged is down to installation, we will no-doubt be making a profit on that side of things, or at least covering part admin, all looks quite good from where I'm sitting. Add in there's an ongoing maintenance charge, remote monitoring that will add additional regular revenue that seems not be taken consideration, all these few thousands when multiplied will add significant revenues in the fullness of time. If we take Tesla as a comparison they certainly do not make a profit on their Energy Storage although it is well hyped and looking at their market cap investors are not too concerned. In fact their gross margin was in negative considerably, what they are doing though is buying market share, most punters who think storage today would say Tesla. Just imagine what industry professionals will be saying soon enough when people mention storage, redT Energy have all angles covered, both lithium and flow machines, they are able combine the best of both to suit your individual requirements at the cheapest cost known today. When you consider the size of this market place, couple hundred billion per annum soon enough, we could well be the first choice, market leaders even and why not. Add in that this is a new technology today, just think in 5 years when there's a true option of lithium, lead or flow, how much will that be worth to the right buyer, a couple billion will be pocket change. Additionally we have a patent for refuelling vehicles, just think if theres a hybrid car/bus/lorry running on a flow battery, more then possible and certainly removes the waiting problem of 30 minutes or more charging a lithium today. A flow machine can be refuelled in minutes, a combination of both would have the power of a tesla whilst having the range of vehicles not available today. Mind-blowing tech, just Mr Market isn't up to speed, more orders roll in it will have to take notice soon enough.

VSA Comment The recent high profile announcement by Elon Musk’s Tesla (TSLA US) to construct the world’s largest lithium-ion battery project in South Australia (129MWh) has highlighted the significant potential for energy storage in the Australian market. RED has previously announced its intention to enter this market in H2 2017. It has now delivered on this promise. The company believes that the country’s energy storage market will require investment of between A$20bn and A$30bn up until 2030. The extremely high cost of electricity in Australia means that the payback period of a RED flow machine could be as little as 1-2 years (assuming energy trading is implemented). This system sale will build on the hybrid system work currently being carried out by RED in partnership with the University of Newcastle (UK) as part of a three-year programme announced in September 2016. The basic premise of such a system is that the lithium-ion battery component provides high power, when required, over a short duration (c20% of a customer’s overall requirements) with the vanadium flow machine providing the long duration output due to its much higher energy storage capability and lack of degradation (c80% of a customer’s overall requirements). Pairing with lithium-ion battery technology should also make flow machine sales slightly easier, as customers are familiar with the more established lithium storage technology (despite its well-understood shortfalls). Although no order value was quoted in the RNS, we estimate that this sale will be worth cUS$1m (cA$1.3m) to RED. Aside from being its first sale in Australia, this will provide an extremely high-profile marketing site for the stimulation of potential further orders in a country which will require significant investment in energy storage capacity for many years to come. We maintain our BUY recommendation and target price of 22p.

Think you’ll find none of the energy storage company’s disclose sales value, just ask Tesla, total silence. This is a substantial sale into a key new market. It’s a World first hybrid system, large scale and without our big project operational, just think what will be achieved with these running, we are making good progress and I expect much more news over the coming weeks.

Also well worth noting, a substantial sale into Australia to start, we also have pour Centrica project running later this month that will generate press coverage with likes of FT and our slot on Countryfile will be a huge boost to share price short term, plus we know there’s other sales in pipeline and our Thaba Hotel project that I estimate being running around same time. Lots of press to come here and sales, an excellent run into the festive period IMO.

We believe that hybrid energy storage solutions such as this are a major development for the energy market as a whole and we are pleased to be at the forefront of this, launching this important project in Australia, one of the fastest growing energy storage markets globally. As a company, we pride ourselves on being innovators within the industry and this project is further evidence of the great strides we continue to make as a company.

Hybrid system now available at redT, truely give us a huge edge over all competitors globally, including Tesla. Besides being a huge contract win this will send out a clear message in the hunt for the holy grail of energy storage solutions, well done all at redT, a taste of news flow to come.

I have been watching KOOV for a long while, I actually believe they are in a really unique market place that could, given the right direction of company, be a real money-spinner. India is a vast country that online business will boom, opportunity knocks for sure, but have they got it right. Knowing retail a little, I'm a little perplexed by the reporting, it really does not read that well, it could just be my interpretation of those preliminary results, however it would appear pretty poor. Often when I read "wholesale" I shudder as clearly they aren't creating the brand they so desire with appropriate sales, else why get third parties involved with selling. These third parties will look to discount beyond what is available online, lowering the brands worthiness. Reading comments about BOO etc is just wishful thinking IMO, BOO is just not comparable. Additionally funding delays and uncertainty will have a real negative impact on the ability for the company to get their clothing manufactured, it's a real cut-throat business with small margins, those quality suppliers will not be supplying to anyone with a huge risk to their capital. All those I know, it's many, would insist on funds upfront in this instance, perhaps not all but at least 50%. I might sound negative, I sincerely hope for all invested this works out short and long term, I ask out of interest how those invested are measuring success today and suggesting KOOV's is on track?

delayed from yesterday, someone is confident.

No targets personally, happy to see where this goes over the next couple months. We have plenty of news coming IMO, likes of Thaba Hotel installation that will hopefully generate press interest, our Centrica project that will no doubt attract interest from major news papers here (FT last time) plus we have our piece on Countryfile, BBC, that attracts nearly 10 million viewers. If anyone recalls what happened with UKOG when being on headline news will realise the potential for new investors to be tempted into RED, not saying it will be on same scale but if we get 10% of that this will move significantly. Add in some sales into Australia and who knows what else will be confirmed, we should be in for a good run of RNS's and more importantly good press coverage educating the general public as to the real potential available and just how vast this market place will be in the coming years ahead.

I believe Ltd is seeing Scott more as a potential sales outlet for redT rather then an investor meeting? Certainly be interested to know how Scott puts the case forward for VRB over Lithium and cost advantages, including how these can be financed and at what sort of rates. Looking forward to the feedback Ltd, appreciated.

On a basic maths basis this is way undervalued, owning more then 40% of a potential £100 million IPO, look at market cap this should be trading in penny's, not fractions. That's not ramping just basic maths from what has been published:- http://www.thisismoney.co.uk/money/markets/article-4797090/Music-mogul-plans-100m-float-Electric-Jukebox-business.html

Is that a seroius question? You might not like the chap but I'll gladly listen to him if he saves or makes me a few quid along way, that's after all what we are here for.

Never nice being at a loss, I really have no-idea about past, I can only say Reynolds is a good man to have onboard. Sincerely hope all get back to evens, it's a small enough market cap, with great things could multi-bag with ease. I'll be honest I'm here for a trade up, might free ride as I did with OPTI if the story sounds good enough. Not here to pull the wool over anyone's eyes. Can only say wait and see what happens, IMO.

Better something then nothing, take the open offer or see if price drops below placing price to average down, MrReynolds is good at turning things around. Might take a while but they are generally a very good return. I'll be taking a little slack over next few days, be good if we can keep a positive board without inside fighting, it's not appealing to new investors, we are after all here to make money. Understand some are recouping losses however better something then nothing. Just remember when it rises to take a profit, I'd be expecting a double bag quite soon here, possibly more. I 4 bagged on OPTI with a very late entry, Rome wasn't built in a day.