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500g ZnO = £781.20
We recently obtained UK REACH registration for ZnO for volumes up to 100 tonnes per year to enable potential future production for this wellness company.
What's the street value of that?
Get the deal done Duffers.
They need to be calling round whoever they think will buy those bottles and offering a discount to take more quickly.
You are a little keen there @tuan6.
I just mean the Doc is a man of integrity and I'm sure will want to do the right thing himself for the sake of supporting his science and the good people who have backed him all along, to oust TB and put our faith in him. ##InCaveWeTrust.
They only need to fund it till one of the big deals comes good. How about our takeaway containers. No-one likes a cold curry.
You don't know that @Ex.
Why did the filter not get launched?
Dr Cave will put his house down to save this.
Otherwise for the rest of his career he will be a pariah. No one will take his research seriously ever again.
Real founders put their money where their mouth is Dr C.
What about all that copper ink @tuan6? That's not nothing!
If global wellness company want their nano ZnO sun-cream on the shelves for summer, they had better get a move on with ordering the ingredients. Why start a project you don't want to do?
https://www.shape.com/lifestyle/beauty-style/best-zinc-oxide-sunscreens
If they can't get a placing then why not an open offer/Rights issue?
They'd have to give an update showing some near term source of organic income was expected though and come clean about what has got us in this mess when Duffin was supposed to have such a good handle on the overheads of a business.
Does anybody know what kind of amount of cash they'd need to raise to keep it going a bit longer? UG? If the deals with the global wellness company and the fertiliser company were not just made up would some expensive bridging finance be possible?
Unsure where we stand with Volz, but whatever they too must have put time effort and probably money into this so far. If the relationship isn't completely over then they need to push for a 'soft launch' of the filters.
If Volz haven't converted all their production line(we don't know if they have or not), I'm guessing there must be at least 1 production machine kitted out to have produced the samples they have been testing.
Get it fired up on full producing as much material as possible, and make the filters it produces available to existing volz customers only, as a perk.
That could bring in trickle revenue, and prove to volz that it would be worth converting more machines and doing a wider launch later. It helps us convert our ink back into cash.
Get it done DR C!
If the global wellness company wants 100 Tonnes of ZnO they could at least by a few tonnes now.
There are uses for copper ink other than in the filters. They need to get it sold.
https://www.copprint.com/
Just a thought but could our ink be used for calligraphy?
15ml bottles, put it on etsy, ring round art stores.
Create an income stream from what we have. No blooming long term research required.
http://www.a-laise.co.uk/new-products/copper-shimmer-ink
https://thepostmansknock.com/guide-to-using-metallic-and-gold-calligraphy-inks/
Hi Trisor. I just hope they can pull out all the stops to get through the immediate cash shortage. It's all a bit depressing to get this RNS when the possibilities for the tech are still there to be had.
One big contract and this could change everything, but where are the companies that showed so much interest? The ones Duffin expected to close deals with? The ones he had successful meetings with. Are they real? If they want our nano-particles could they place advance orders for a discount to help cash flow?
Cave should be on the blower to every lab/scientist he knows to try to flog them a bunch of the small reagent bottles for their labs.
They need to explore all options before giving up on Caves dream of helping the world.
Would Cave really fight so hard to oust TB and then let Duffin drive this down the pan? Something doesn't add up.
I hope he's rearranging his mortgage to keep his lifes work from going under. He may not care about money but what about all the people he won't be able to help.
This is a liquidity crisis.
They turned their cash into 6000 lt of cu nano ink.
Sell the bl00dy ink!
The bottles look great. I personally have some reservation in relying on tweets from them as evidence of anything after the dulcet tones video, but the key question is if they have done effective market research for this product in advance of launching it. I don't know if they have or not, but I don't think UG can say they haven't without some of that, oh so inconvenient, proof.