Member Info for Chrysalis1

I hold both SKIN and MWG and am very happy with the deal.

GB was quoted as saying something along the lines of "we are happier to have a small slice of a large pie than the whole of a small pie".

In acquiring MWG that small slice just got significantly larger imo.

I am a SKIN holder and yes it stings to watch the share price drop on release of this Merger/Takeover. Muggins raises some very valid points and it would have been nice to have had this information earlier. That said, when you look at the revenue or lack of it that MWG was pulling in with this Gold Standard kit, it would appear that the Sales team was never one of MWG's strongest assets.

Despite the share drop as a SKIN holder I can see the value behind this merger in that:-

a) Whilst Integumen are providing the Heart of the machine via AI, viral detection and reagent production, It is very apparent that the MW technology is going to be integral to their future plans. The takeover means that technology and it's patents should be secured from any potential competitors.
b) Not mentioned before, is the automatic securing of approvals. MW has approvals for water quality monitoring and control in Europe , China and the US. It would normally take a long time to gain such approvals from scratch.
c) I am not too concerned about the sales side. In addition to the reasons stated above, if we are to believe that this is going to be a big affair it is pretty obvious that the 3 odd million quid we have in the bank is going to be enough to roll it out. I would expect that an OEM would be engaged and thereby we would have access to their marketing also.
d) Whilst the team at MW appears to have been somewhat drastically reduced, never the less the distribution channels and offices still remain and this will be a huge advantage going forward.
e) Finally, the combination of both technologies means that assuming the product is successful , between the AI and MW technology, a significant barrier of entry has been created for any potential competitors to try and replicate.

What we do need now desperately is some news pertaining to where we are with regards to an actual product. How the tests in the lab at Aberdeen went would be nice.

AIMHO of course.

Perhaps I am being thick, but I am a little confused by this. We have the tweet from GB drawing our attention to the major Shareholders which admittedly looks great but which GB concedes is two months old from July 21st (Note no mention of Helium Rising Stars Holding) :

https://twitter.com/gjbrandon/status/1299651953753026562

And then from The Integumen Web Site Investors information page, I am told that as from August 19th 2020, Helium rising stars has a 7.12% stake with no other institutions mentioned and that only 26.78% of the shares are not in public hands ???

Maybe I am missing something but it doesn't quite add up to me. Anybody ??

https://www.integumen.com/investors/

Shareholder Information
Securities in Issue
As at 19 August 2020, the number of securities in issue was 1,109,870,711

Significant Shareholders
As at 19 August 2020, shareholders holding more than 3% of the share capital of Integumen were:

Helium Rising Stars – 79,000,391 shares (7.12% of existing share capital)

Directors

Gerard Brandon – 51,299,012 (4.62% of existing share capital)
Ross Andrews – 3,238,462 (0.29% of existing share capital)
Camillus Glover – 42,506,704 (3.83% of existing share capital)
Fionan Murray – 87,867,578 (7.92% of existing share capital)

Shares not in public hands
As at 19 August 2020, 26.78% of the Company’s securities were not in public hands

Very recently Matt Han**** announced Operation Moonshot which aims to have 4M people per day tested by Feb 2021, which is an awful lot.

I am probably jumping the gun and getting a little excited prematurely, but after a little research it turns out that "Operation Moonshot" might not be an entirely original name for such a project. You should note recommendation 2 :-

https://oilcity.news/community/health/covid-19/2020/06/09/project-moonshot-provide-recommendations-for-wyoming-covid-19-testing/

Infact project Moonshot in the states is being overseen by Moonshot Missions whose expertise as it happens is in Water and Wastewater monitoring etc :-

https://uploads-ssl.webflow.com/5e7e6cb3dad44d5e51227889/5e82581be0914612c6125f19_COVID-19%20Compendium%20for%20Water%20and%20Wastewater%20Utilities%200330.pdf

Labskin are based in the York biotech campus which also happens to be where the UK Government Department of Health is also accommodated.

Coincidence ??? ........... Well the time frame of Fen 2021 would I reckon be about right so I hope not as if we are involved then you would see Mr SP motor !!!!!

https://lemminginvestors.blogspot.com/2020/08/integumen-continues-to-advance.html

Another sewage article but certainly worth a read as it seems more certain about the requirement for wastewater testing as a must have.

https://www.pressreader.com/uk/the-sunday-telegraph/20200816/282643214914643

If I were a betting man ........... which I'm not .......... I wouldn't be surprised if we heard something tomorrow. My reasoning is that the last RNS slates that just over 1.3M shares from exercised warrants are due to hit the market tomorrow morning and hence a piece of good news would offset any negativity from their entry. Just a theory.

Easy Tiger .......... when I said primitive, I meant primitive to ours. The sensor is used to take a sample at a particular /optimal point in time. The sample once taken however has to still be taken to a lab for analysis. It is not 24/7 monitoring, nor can it detect Covid 19. If you are curious, the way it works is :-

https://www.kando.eco/kando-covid-19

The article on the link below is worth a read. Whilst the methodology is primitive in comparison to what we are developing it does show the power and accuracy of the science to pinpoint Viruses :-

https://www.waterworld.com/wastewater/article/14180726/israeli-scientists-pinpoint-covid19-outbreaks-in-city-sewer-surveillance-pilot-project

Thanks trill ............... best I could come up with for NS was ............ "nuff said". Personally I think my connotation is better ............ maybe I should go into marketing.

From the tweet .............
@gjbrandon
The clue is in the top line

Since I cannot find any reference to a Microtox NS detection analyser within the Modern Water product range after a lot of goodling. Dare I say that we have a Covid 19 detection prototype unit on our hands ??? Perhaps phase 2 is viral load prediction ????

My educated case anyway .............. bloody great if it is !!!!!!!

Hi Muggins

Thought I'd give you the perspective of someone who has recently invested. First of all, I agree with just about everything you have said which is all pretty factual and can be gleaned from any of the results, graphs etc. My sole reason for investing here is the tie in with Integumen and hopefully the future production of the realtime analysers; the revenue of which will be split and I just cannot decide who will get the lions share. So basically i'm hedging.

The management appears to be made up predominantly of scientists, great at science but not so much at commercialization, sales and marketing. Enter Gerrard Brandon who has a far better track record and now seems to be heading the marketing and commercial side of the operation for MWG and his track record in this field is to date is pretty impressive. As I understand it, his fees from MWG are taken solely in equity and he has also dipped in and bought a tranche of shares himself as well ................. maybe he's hedging too.

The management's record at MWG to date has not been commercially great although to be fair the advance in their scientific development has been impressive recently culminating with the top prize in China for their latest offering. My hope is that they are letting GB take the lead in the commercial side of things whilst they concentrate on the science development at which they do seem to be pretty handy at.

Either way, I believe both company's are in a good position to do well

All IMHO of course

C

I share most of your sentiments Stu, but in between entertaining the Mother in Law, one thought arose from the article which others more informed might have an answer to when it came to the bit ;-

"As of March 9, when there were 160 Covid-19 cases in Singapore, the level of viral genetic material in the wastewater was undetectable."

Now the testing taking place here was done down a manhole at a single point (snapshot) in time, but they could not detect that there were 160 people suffering from COVID 19. Can we expect with our solution which is real time 24/7 monitoring to narrow this margin ? I feel it is an important statistic which I have not considered before as to how few people it would take to have a poo before our alert system is triggered. If anyone has any insight as to this would be glad to listen.

Thought this was an interesting little article if you've got nothing better to do on a Sunday afternoon :-

https://newsinfo.inquirer.net/1312179/novel-approaches-for-a-novel-coronavirus

I hope Gerry B is in with the Scientists at Cranfield:-

https://www.cranfield.ac.uk/press/news-2020/work-begins-on-uk-system-to-detect-covid-19-in-wastewater

Well you never no . Yesterday in the house of commons

Jeremy Hunt:
"A new report by the Royal College has come out suggesting that the number of people in England and Wales who meet the current Covid-19 definition is expected to rise from 100,000 per day in the summer to 360,000 per day in the winter. What Covid-19 testing will be put in place to differentiate the Covid-19 cases from seasonal flu?"

Matt Han****:
"Testing will be big enough to cope with the figures in the Royal College report even with the current testing technology. If there is a breakthrough where we can get a testing technology that's even easier to roll out where it can be done at the bedside or in the community rather than having to be sent to a lab then we will have a bigger roll out"

What's an easier test to roll out in the community??? Ah that'll be the Integumen solution. On the other hand to be fair, the Avaacta board seem to think it's them.

For some reason the link doesn't work but this is what it says:

Health Secretary Matt Han**** to make “important statement” providing update on coronaviruses, Speaker of the House of Commons told MEPs.Sir Lindsay Hoyle has confirmed that Mr Han**** will appear in the room on Thursday at 5 p.m.
He did not provide further details on the contents of the statement, although the government is meeting on Thursday to decide whether the Leicester foreclosure will continue.

House of Commons announcements classify subject as “Covid-19 test”

Separately, Matt Han**** and chief scientific adviser Sir Patrick Vallance will testify before MPs this afternoon.

They will likely be faced with questions about the government’s strategy to eliminate local epidemics, as well as ongoing research into a Covid-19 vaccine and treatments.

Matt Han**** is to make an "important statement" today at 5:00pm re the coronavirus update.

House of Commons announcements classify subject as “Covid-19 test”

https://www.fr24news.com/a/2020/07/health-secretary-matt-han****-to-make-important-statement-on-coronavirus-today.html

Wonder if they'll be anything about testing poo in there :- ))))

https://www.bmj.com/content/370/bmj.m2599

Here you are Paul. I think this article answers much of your last question

https://pharmaphorum.com/news/uk-firms-plan-early-warning-detector-for-covid-19-in-wastewater/