Member Info for dougerboy

Crossing my fingers & toes AJP! 20p by ‘23. Still time if they pull out all the stops.

Good questions AJP. You don’t need to ask us, just the board. Your questions are very prescient and questions which Executive Directors of ITX presumably know the answers to! I’m not sure that such answers, however, for sensitive commercial reasons, will be shared with us mere PIs. Nevertheless, where strategic statements have been made eg. on BIOAsterix etc. the company should be making statements as to the successful progress (or otherwise) of such strategies. And in that mix SHOULD BE AN UPDATE ON THE REVENUE GROWTH CURVE (presented a few years back) AND B.E. Expectation.

I remember thinking YEARS ago DFV, Amazon, losses year in year out, what a dog, doomed to fail! Wish I’d bought that disruptor at the time. I doubt ITX is an Amazon, but a disruptor, yes, which takes time - often a lot of time to get to the tipping point. We can’t or shouldn’t! be too far off that now, I hope! For all LTH’s.

Looks like the Chemtan connection goes back some 10 years. Checkout page 9:

https://www.bio.org/sites/default/files/legacy/bioorg/docs/itaconix%20@%20bio%20wcib%20june%2017%202013_john_shaw.pdf

Nice one AJP. I like his opening comment „I spend my Saturdays going up & down the aisles of grocery stores trying figure out how to increase the amount of plant based Product on the shelves and increase carbon sequestration.“

A CEO at still the coal face on his day-off. I like that.

Fair point Surfie / at least for whoever bailed to the tune of 450000 shares £21k at 4.75p! Stick or twist, that is the question.

Yep I get that MDM. The company nailed their colours to the mast a few years back, zoning in on target markets & growth plans with a stated & expected revenue growth curve - which we are clearly behind, but given the dislocating nature of this new ingredients business & selling cycle times to convert big FMCG, I’ve been and am prepared to sit fast. 2023 really should be the year of break even though.

Hi MDM, I include live presentations by the CEO also as valuable pieces of communication to investors. There was one given by the CEO on 22 February, which isn’t all that long ago. And certainly a lot more recent than September last year. The probability of there being “bad news”,given that new investors have recently put in £10.5M to come on board, I would say is low. Time will tell!

Could well be AJP, though I’m not a chemist! Key is what’s the ITX value add on their Chemtan relationship.

Thank you for that Pdub; been through the C mangle myself. I’m a holder and look in here regularly and appreciate your posts. Long may they continue and all the very best.

I noticed that too AJP. We are certainly due some news, which needs to relate to how we are progressing - and it needs to be progress - along the growth curves in the started markets, whose sizes John Shaw is often keen on reminding us of.

Nice one Rendj. And this line from the 2014 Patent link below explains why:

„It has now been found that the polycarboxylic acid polymers herein having 13C NMR triads having a syndiotacticity of greater than 58.0% and/or Mw values of at or above 20,000 g/mole, offer significant improvements to the retanning of leather sourced from animal skins and/or synthetic leather.“

Very interesting indeed. We’ve just discovered that Chemtan in NH has imported on behalf of Itaconix 100.000Kg of raw material last month. Chemtan’s main business according to its website is a manufacturer of leather treatments and includes Timberland among its clients. Based on the link below, the connection between Itaconix & Chemtan may run deep. Let’s hope deep & meaningful!

https://www.freepatentsonline.com/y2014/0259439.html

Just made another purchase based on this:

https://importkey.com/search/ITACONIX%20CORP

Factory keeping busy. Or busier!

Yes Rod I get that logic too. TRX has 7Bn+ shares in. Issue - I can’t see that happening here, god forbid. Now that £10M + is in the bank, and with things happening, perhaps the share price will consolidate itself. I hope so, as LTHs, we’ve all been waiting patiently. But then, some things are worth waiting for.

Golden, I have to say, share consolidation is nowhere on my radar. For me, that is not relevant and those things will take care of themselves. What is highly relevant is where ITX is on its own/analyst’s ITX published growth revenue curve.

Hope so AJP - I don’t really want all my 20p by end of ‘23 to be done in the last quarter lol.

Fair point Smart. All the while we sit & wait and wonder, while other things happen, which makes us ask questions, like what if the money I have tied up in ITX I had taken out a while back & put it into Shanta Gold…The joys! Let’s hope our patience will be amply rewarded. The new £10M quid investors must have even more belief than we mere PIs, which is good to know.

Let’s hope it’s a nice meaty update whenever it comes. Interesting that the new hire focus is for personal & skin care
https://www.glassdoor.com/job-listing/applications-chemist-itaconix-corporation-JV_IC1147764_KO0,20_KE21,41.htm?jl=1008541095881

Great find AJP. All gone a bit quiet here. The calm before the storm - hopefully a good one. Anyway I ask myself, is this hire a new addition or a replacement? I wish I was a chemist and I’d apply myself!