Member Info for cm22

Hi Peterfal,

Obviously anything is possible but it isn't my base case. I have been watching this stock for a while and it veers between people getting excited and expecting news, and people getting negative when nothing happens for a few weeks. I have confidence in the company and the management team, but when exactly the news will land is anyone's guess.

Year end is only 6 weeks away Peterfal :)

Isn't the market cap £49 million? I am confused about that.

Veteren10, It does feel very binary. If Salarius get a couple of deals it feels like they could really become the standard in the industry. That is why those first couple of contracts are so important.

Bell is only about £80 off the AIM 100 i think..

Hi Giancotti,

My understanding is that a date hasn't been set, but i would expect Q1 2022.

Cliff hasn't done an interview for a while, so maybe it will come after the end of this month. We should get a stack of info as we head into the Lucyd IPO.

I think they do own 100%, but Cliff makes it pretty clear that they don't interfere on operational matters. They are there more for support if needed.

Hi Stu,

On the placing 'Shocks under Guident's umbrella', i don't think that is the way it works. The companies operate largely autonomously from TEK. It would have been Guident's decision to purchase the patent.

Wow, bestbuy have over 1500 stores in North America and also a global distribution network.

I think it is quite positive. The big fear was that there could be a damaging placing like last time with a 50% discount. 28p is a pretty good price so that should improve confidence for future placings (although given the IPOs coming maybe not needed).

Last time the bottom was at the placing price around 10p, so 28p could be a floor of sorts.
Bottom line they have been able to raise 3million not having to give too many shares away. The financing power has improved.

Still a ways off from making it into the AIM 100, but there are gains to be had. A lot of investors simply won't invest in a company below a certain size.

Talking here about a motorway lane for driverless trucks. Message is that it is happening but probably not until 2024.. Last mile delivery and other autonomous uses may be sooner.

https://www.forbes.com/sites/greggardner/2021/10/14/embark-trucks-says-it-has-14200-reservations-for-its-self-driving-software-slated-for-launch-in-2024/?sh=55a69c804032

Hi TopCatz, i personally think that we are still a fair way below 'fair value'. However, even if you are right and we are at fair value then it is still a good bet. It seems that so much in stock markets globally is massively overvalued. Plus, with real interest rates so negative it is really difficult to find a good place to put your money.

I think the revenue growth could be amazing in the next reporting season, given the way things are going.

Was checking out the US version of this message board. They don't seem to be quite as well informed as on here regarding the company. I doubt that they know the LSE message board exists. They have a deramper on their too who they find annoying, so some things don't change :)

CC, i don't think the 50 million was taken out of thin air. They already had a funding round in the summer based on a 20 million valuation, so given the expansion since then and continued expansion into next year, 50 million is reasonably conservative.

TopCatz, I read it that they stopped the crowdfund early because increase in sales meant they didn't need the money?

Indeed TopCatz. Do the math as Americans like to say. 40%, less fees, of a 50 million company. Doubling in the first year as they often do. Plus, the other 3 companies....

The CEO Victor Hugo Manzanilla addresses this question below vis a vis Soda lo:

What makes your product better than Eminate's SODA-LO® Salt Microspheres, licensed by Tate & Lyle?
"The patented all-natural technology behind SODA-LO® Salt Microspheres turns standard sea salt crystals into free-flowing hollow microspheres. These hollow microspheres are much smaller than regular salt crystals but deliver big flavour, providing clean salt taste with up to 50% less sodium."
https://www.tateandlyle.com/ingredient/soda-lo-salt-microspheres

They don't have the need for a carrier like Maltodextrin used in Microsalt. Maltodextrin is high on the glycemic index (GI), has the same amount of calories as sucrose, or table sugar.

---------------------------------------------------------------------------------

Hello. Thank you for your question.

The carrier (Maltodextrin in this case) plays a key role in the technology that deliver significant benefits vs. the technology that you mention:

1) The carrier gives weight to the particle which is extremely important when it's used in production facilities. If the particle is too light it will create a cloud of salt in the production line (salt will not settle) limiting the attachment of the particle to the product (i.e., snack) and getting salt everywhere in the production facility causing clean-up problems and corrosion in equipment.

2) The level of maltodextrin (sugar content) in the final product (i.e., snack) is too low and will not cause any change in the nutrition label/content. As an example, a typical potato chip snack will have around 1% of its weight in salt which (in a serving size of 28g) it’s only 0.11 grams of maltodextrin.

Also, our technology can use other carriers like arabic gum, which will solve any maltodextrin/GI concerns that some customers may have.

3) The carrier size and weight are needed in order to use MicroSalt® in flavor mixes (i.e., BBQ flavor, Sour Cream flavor, etc.). Solutions that don’t have the weight needed, cannot be mixed because it will cause separation in the flavor mix due to weight (heavier particles will settle down and lighter particles will go up). It’s important to know that in order to impact a big part of the market, the solution must work as a component of flavor mixes.

4) The carrier is also instrumental to block the recrystallization process of the salt so we can deliver a smaller particle size which brings a saltier flavor with less salt.

Also, as you noted in your comment below, we do offer an option that is Non-GMO.