SKIN - With news due any moment it should be an exciting week4 Nov 2019 08:36
It is going to be a good November and Christmas here in my view.
News Due
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With news due at any moment, it should be an exciting week here. I am hopeful that we will get an update on the new labs opening very soon. Gerard is doing a site expectation and I also imagine one or two of those clients we cannot name because of NDAs will also want to do a site visit.
We also know that there are multiple contracts in negotiation so news about new contracts or extensions to old contracts could land at any time too.
Underestimating the AI Potential ( this will be a hot topic going forward )
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I think most are underestimating the potential of AI and investors need only look at other companies to see how fast the share prices of companies in this area can move. Look at Ixico (IXI) for example. It is close to double what it was three months ago. Whereas SKIN is still at the bottom of the AI climb
Other Products and Services
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With the excitement of the speed at which Labskin, labskin AI, and Rinocloud/drive are moving. Especially given the recent scientific and technological breakthroughs. It is easy to forget that the company also has multiple other products and services in the portfolio.
Such as Woundphase which I understand is still being rolled out in companies such as Boots, Llyods etc here and their equivalents elsewhere in the world. There is also Stoer which not only operates as a proof of concept product for Labskin kit but is also available to buy. I spoke to the company in regard to Labskin Tattoo and was told it is still moving forward.
Then there are the Micro Biomaterials explained in further detail on the website but still kept under the radar. Knowing Gerard and the team it would not surprise me if at some point one of those is exploited further.
Omega 3 from Algae
Major health benefits, an alternative production to extraction from declining global fish stocks.
Bio-Plastic Ingredients
Solution to dumping 8 million tonnes of waste plastic in the oceans each year. Alternative biodegradable plastic solution.
Cellulac (percentage owned)
Commercial License Partners of the Algzym Technology platform for bio-based oils, Omega 3, CBD and bio-plastic ingredients.
Algzym Technology
Low-cost, solvent-free, commercial-scale production of Omega-3 oils from micro-algae and CBD oils from hemp.
Now is the time to buy
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All in all, it is an exciting to be invested in SKIN. Lots of positive news flow to flow.