Member Info for Clenchedcheeks

I also think that it's a good move as this part of the business has a completely different purpose to the remote control side. Whilst there may be some crossover, each has a huge potential market.

The only point I'd make is why choose a company name which is already in use by another company in the US albeit without the same combination of upper and lower typeset?

I think he sees Guident through rose tinted Lucyd's.

Absolute claptrap

It's been a shocking past twelve months for the share price and it's going to take some news to get this back in the twenties never mind the thirties. Microsalt can hopefully be the Guardian angel and I hope the BoD will have learned from the previous floats and realised that they need to deliver value quickly, especially for long term holders of which I'm one.

Baf3.

Is BS the limit of your vocabulary?

Please go away.

I'd love to know what James Kight's thoughts are. He was building his holding when the share price was much higher, so I expect he's sitting on substantial paper losses.

Someone with his business acumen could potentially be a strong addition to the board and at least he's paid for his shares so would have some skin in the game.

Sorry I couldn't resist it, but your charts comment still makes me smile.

Thanks for cheering me up and at least replying.

Hey Top, is now a good time for me to make a comment? You often remark on my timing.

I refer to your comment yesterday when you said, "Haven't checked my charts" Well I'd be interested to learn what they show because based on your (too) many predictions and comments, a set of tarot cards may provide a more accurate forecast.

I've traded this share many times, both purchases and sales but I remain a holder until the third and fourth company have floated.

I just don't think the previous two floats have extracted any value for TEK shareholders and their respective share prices are down 75% plus (Bell) over the past twelve months and 70% since float (LUCY).

Microsalt has the chance to be a winner but I don't wish to be sat here in December 2025 in the exact same position as we've been to date with the first two. The exit for TEK shareholders needs to be sooner if looking to extract value.

NAV! Others can argue NAV until the cows come home but at the end of the day the share is worth what people are prepared to pay.

Yep, I agree.

I've a picture in my mind of a shop empty of stock once these two remaining companies float with a five-year wait until the next delivery. Surely they're working on successors?

Greenwashing doesn't help. Why do they have to be companies that improve lives?

No. Several who've questioned the direction being taken have given up to the shouters and the cheerleaders who post incessant drivel with little or no substance.

Take his comments with a pinch of salt lord. He's only been invested here five minutes.

When you've been here years and heard the many empty promises repeated over and over again by the eighties salesman Cliff, it's only natural to become cynical as I have. Even the cheerleaders have gone quiet, one of whom I recall questioning the acumen of sellers when in the 20's.

I remain a holder of a significant number of shares but I hope that they've learned from the drops at Bell and Lucy post launch and for Microsalt they'll be able to sell the majority of their holding at float. Otherwise it too may well go backwards.

Long term holders need to know that there's a means of extracting value because unlike Cliff we don't get paid a six figure salary.

It's an interesting point that you make lord.

Majority holders are unlikely to be able to exit at the point of an IPO for fear of undermining confidence. The first two years of trading are likely to be challenging due to growth and the need for cash generation with a consequent impact on the share price (for example BELL and LUCY). TEK themselves need cash to meet their overheads as they don't seem able to generate sufficient revenue from IP licensing alone. That leads me to question how a Special Dividend can be paid.

I originally hoped that a larger, longer established competitor would step in with an offer for at least one company, but perhaps others don't see any of the companies as a serious threat to their own businesses, who knows? As a result, TEK are having to hold for longer than maybe they anticipated when setting off on their journey.

None of us wish to see any of the four companies sold when their respective share prices are low, but the greater the delay in exiting, the more we experience dilution.

Because unlike myself and others who've actually paid for ours with our hard earned, his have all been given free gratis whilst being paid a substantial salary. When a share price dips it's great to see a director buy a few. It demonstrates belief. I don't recall him ever doing so in my many years as a holder of TEK.

He could buy a few now at market price. After all, the company is providing him with a nice salary.
Boosts shareholder confidence, that's all I'm saying.

I don't recall him ever putting his hand in his pocket Ken.
It's a simple way to instil confidence.

Bumblebee : Why make a comment about future fund raises without being able to substantiate it? It's baseless. You've no knowledge whatsoever about what may or may not be needed in future.

Tivman - Your quote, "I believe the bulk of TEK funding is behind us" You've no more knowledge of TEK's future funding needs than I, or anyone else for that matter. Furthermore, if the floated companies continue down the same path as TEK ie. future share issues, surely TEK's percentage holding will be diluted further so the process continues.

Cliff doesn't take difficult questions in my experience. Any opportunity to ask questions involves submission and pre-selection in advance.

Agreed Peter. There seems to be a distinct absence of cash flow forecasting.
Also, if Cliff and the others would buy a few shares at market value I'd have more confidence.