Heads up8 Dec 2020 10:52
While it’s quiet.
TEK capital investment company.
first investment to note is Belluscura (17.8% holding for TEK) near to being granted (before end of the year) FDA clearance on their portable oxygen concentrator, when I spoke to Clifford on the phone he envisaged that the Belluscura would look to selling the technology after FDA clearance. In the medium term Belluscura is looking at listing on the LSE which would help TEK’s 17.8% holding find its fair valuation, this is years in development and TEK have done an incredible job managing to retain such a high % of this kind product.
The company announced that they believe the FDA clearance for the product will be before the end of 2020 & this news would undoubtedly value TEK at a higher share price than we are seeing today.
Two of their other investments are also showing really positive developments…
TEK announced for their 91% held Salarius, that a global snack brand (reason to believe it may be Pringles as the CEO is ex BOD at Pringles) has entered into stage two trailing the companies Micro salt… A product that claims to be salt that due to manufacturing processes enables the same taste levels as normal salt but with 50% less sodium. I guess we will find out if the trialer believe these claims to be true, somewhat reassured due to them entering into the next stage of testing, on consumers.
NOW THE MACH DADDY...
Guidant and in my opinion the investment, at 100% ownership from TEK holds serious amount of upside and potential, over previous years Guidant had been acquiring iP and patents in the Electric Electric car and Autonomous driving market… When I spoke to Clifford a while ago this seemed such an outsider that the likely hood of it doing well was very slim… However, recently having purchased new technology...
“Regenerative shock absorbers”, and having since signed 2 NDA’s with listed car manufacturers for the testing of this product on the market !!
For those that don’t know what regenerative shock absorbers are (won’t lie, neither did I): regenerative shock absorber is a type of shock absorber that converts parasitic intermittent linear motion and vibration into useful energy, such as electricity. Conventional shock absorbers simply dissipate this energy as heat. (Serious shi t for a £15m Mcap company especially considering the already signed NDA’s).
How much would a listed company with only the Regenerative shock absorbers and 2 NDA’s be worth ?? How big is that market??
All announcements have been completely missed by the market, with hidden paragraphs on random rns’s market really hasn’t got a clue yet...
& what if one of kids red companies turns out to be TESLA?
Mgmt of guident are ex bod of Audi similarly mgmt of salarius are ex Pringles.
15m mcap ??????