Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Surely once the financial are released in September for the period up until the end of June and the units sold, It would make sense to disclose the financials of the deals done?? As I suspect the UK deal with being a new product to market & FUM being a tiny company, would not have been as favourable as subsequent deals done! IMO of course! Let’s also remember FUM are contracting out the manufacture as well, so these companies are just distributing it to the market, & therefore bypassing the middleman.
RNS is not visible on here for some reason? anyone wanting to view will need to go to Futura website directly.
Yes Deal did fall through! But BOD are not going to give away for single digits to anyone IMO when they struck a deal for 50/50! Time will tell we should get an idea from the financials later in the year. Nothing is going to shift the SP until we know what profits FUM are receiving per packet even if we know quantity sold!!!!
Https://www.trinitydelta.org/research-notes/commercialisation-deal-for-china-and-se-asia/
This was the deal signed with Asia, people are talking about single figures but can’t see that based on a 50/50 profits deal!
Futura Medical has struck an innovative deal with Atlantis Group to market its MED3000 topical gel for erectile dysfunction throughout China and South East Asia. Atlantis, and its associated companies, will fund any registration studies and commercialisation costs in the region, with the resulting profits being split 50:50. Atlantic will also invest £2.0m in Futura Medical through £1.5m as Convertible Loan Notes and £0.5m in warrants, with a conversion price of 20p and exercise price of 22p respectively. The collaboration addresses market access to the largest target population for MED3000. Updating our model to reflect this deal, our new valuation is £181.5m, equivalent to 73.1p per share (71.3p fully diluted), from £153.8m, 60.9p a share, previously.
I for one would like to see some financials on deals done, now US deal is signed! No big reason for commercial sensitivity BS anymore! Or start signing the rest of the world up, all a bit underwhelming at the moment for us LTH! This should/ would be I hope at a £’s if we new what the deals were, and speculation will always assume the worst deal!
Company is now in a position to expand its workforce to deal with commercial End & return to its R&D development IMO! To develop the potential of its other products? What do others think?
At the current SP surely some of the big players in the ED market will be considering whether it would be cheaper long term to just buy FUM or carry out an aggression stock buy up? Which is why I’m shocked at the SP considering many small AIM companies SP’s rocket with just a sniff of potential profits from products that are in development and not actually on the market! IMO some strange things are happening with this stock, & let’s remember they have other products in the pipeline.
The BOD must have sales projections for god sake based on current great sales! Why are they not multiplying them up and releasing projections or at least something? Anything? Reason is beyond me!!!! Wish I’d never bought in as a LTH and just waited as it seems it’s a slow boat! IMO it will rocket on financial data SALES/REVENUE but until then who knows!
Share price is a joke, where are the RNS’s for product being released for sale in other territories by Cooper?? Sure they said throughout July? Sales figures is the only thing that will steady the ship, not even convinced a US deal will make much of a difference until we see concrete sales figures with repeat buys! Reviews on Boots & Amazon are shocking but that’s what happens with a product that didn’t work on 50% of buyers
Regarding Patent! FUM’s Eroxon is based on patented Dermasys technology that is what causes the rapid cooling & heating sensation that gives an erection. IMO they can’t patent the heating & cooling effect as many products do this, but Dermasys somehow penetrates the skin, so guessing this process is what causes this cooling/heating, not a surface re-action much deeper and not easily replicated, so far easier to patent U would have thought.
timmo- who are you the spelling police-p**s off you fill in the blanks what an ********!
Ongoing sales figures is the only thing that is going to effect SP now & maybe US deal IMO!
This company is like a lot on AIM a money machine, taking not giving! Have little hope of seeing a return IMO! The amount of money they wasted on covid was unreal for very little benefit. Would like to see a return but not hopeful! They will come knocking on shareholders doors again for a cash raise just watch with little to show for the last 20million raised! Not even Nigel’s idea developed by Queensland uni in Australia & Nigel took it on & has the sole rights I think! Correct me if I’m wrong, hope so but things don’t look good! Cash COW
This is currently a $2.5 billion market expected to double by 2030 to $5billion, we are on the cusp of taking a significant market share with a valuation of £175million. Major market disruption is on the cards, & big players are not going to let this happen! I expect big players to start buying up shares probably through 3rd parties! Either way better being in than out so maybe it’s already started???
Well next milestone is US Deal confirmation, this should be pretty much wrapped up as they have been talking to the US for a good while now! Would expect confirmation within the next month, and would also expect approx confirmation of US launch date once this is confirmed! Come on FUM keep the momentum going.
What News are we waiting for on Friday, I for one won’t be selling as the SP can only go one direction as it should be in the 90’s now anyway so it’s lagging it real value! Only news is sales which to be honest can only be good as everyone will be buying to try it out.
The key word here is evaporation!! So no use in a condom!!
Will be interesting what is said this Friday as I’m guessing the words ‘selling well’ will not wash! Anybody attending or know what information will probably be released? Guessing if there is any frantic buying we will be able to guess!
At the end of the day anyone with ED problems who is using medication is going to try this, it’s a no brainer no side effects! & even if we only capture 50% of the 60% of people it work on thats £600mill revenue! 25%=£300mill annually! So for the life of me I can’t understand the SP either! & can people stop saying you have to be in it for the long term most of us LTH have been, I myself have been here 7 years & it hasn’t been an easy ride!