Member Info for Feeks

I am sure they will tomorrow.. The Order had only just been made when it was posted here.

Boom!!

Shadickp I went in through HL's general enquiry line and they sorted it out very quickly for me.

" New orders in Q3 FY22 from the major Asian electronics customer for additional development material, with additional development work packages, are at an advanced stage of discussion."

Q3 has already passed so how are we to interpret this... a further announcement shortly when the deal is concluded?

"By quarter three or four of this year, which is coming up, we'll be starting to operate these in public roads in different parts of the country," Paul Perrone, founder and CEO of Perrone Robotics, Inc., said

Is there a shareholding threshold...?

That's my broad aim too NGR - either retire at 55, or increase it to 85 + if it all goes wrong ( I am half joking...).

One point I have alluded to before is that I think it was a master-stroke of strategy for Nanoco to make a U-turn on fighting Samsung's petition to PTAB, as indeed this was, eventually, voluntarily accepted by N after some initial resistance (that's how I recall the events unfolding anyhow), and this change in direction did make for a bit of head scratching at the time. I believe the company knew it had both a strong litigation case and that the PTAB would simplify the trial litigation if things all went well (it went better than anyone's expectations here) and that it also had strong belief in the emergence of the organic business in QD CMOS sensors. But the organic business needed to catch up a bit, which it has done, and now we have the luxurious situation where we might (just might) see contract news before the trial judgment is delivered. That is a great spot to be in.

Anyone new to Nanoco, the trial was delayed from October 2021 which is why I have repeatedly made the point on this board that the Edison forecasts on 'lower end' damages awards need to be doubled to capture the actual QD display sales since that date. I think the company can reasonably expect a lot more than the lower end amounts but won't ever say it.

They have said similar in the past Kind. In fact if you have not heard any of the investor preaentations for the past 12 montha or so it is worth watching them back as there is a wealth of information on the organic business which gives the full flavour of how this company is progressing exactly as we all hoped.

I am one very happy investor, and even more so with today's news. We are heading up to 40p plus soon.

No NGR I don't read it that way, sorry! Same monthly revenue rate compared to previous year.

Good God that looks a shocking attenpt to deceive and a pretty damming article . Not sure how S can fix the brightness issue if it damages the panels

Well there's an intereating point Nanonano. If they win the trial will N also have reason to sue for breach of the NDA...?

See answer below. Dilution?

The Perrone Robotics system relies on retrofitting vehicles and with Airspan 5g and Guident in the mix this should make for an attractive package for roll out in cities especially new development zones like the Gravity Smart \campus I posted about recently. It all seems to be developing rapidly and may come to fruition rather sooner than I thought.

IMO that's all they can do as it's a legal review process not an appeal on the merits. In other words it hinges on a finding of invalidity. Someone here had a different view.

* IMO more good new awaits on the litigation - and I am more doubtful on any contract news arriving in H2 2022 *

Becontrarian - maybe but he has done it like this before. And not always with brilliant success on timing.

To be fair I have invested a big slice of the farm too.... and have been scaling up not reducing as I truly think the odds are stacked well in N's favour. IMO more good new awaits on the litigation - and more doubtful but I am comforted by the way the timelines are dovetailing. In fact, I would be very happy if the trial is delayed to Q1 2023 (there has been no indication it will be delayed) because it greatly improves the chances of a commercial contract being announced before the trial, whilst I believe the SP is well underpinned at present as the trial is awaited

Well put NGR. That would be my guess too. I have followed much the same strategy with smaller volumes, and maybe for that reason alone don't feel inclined to remove any of my money on risk.

Good comments here. My expectation of revenue from such an end user would be at the lower end (not £20m pa). Does anyone have a different view?

I posted a link a few weeks ago that it was getting good ratings and the product had sold out on Amazon.