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This article may help as well...
https://microcapclub.com/2014/08/the-conviction-to-hold/
"Well, I've hit my sell target from when I bought in at 16p...….but I'm a little reluctant to sell...it's a quandry as there is momentum and if it gets through the mid 20s, then could see another strong leg up.....but then profit is profit.....what to do....."
Depends on a few things...
a) Is this a long term hold?
b) What market cap do you think TEK are worth currently and what they could be?
c) Have you identified better places to put your money if you sell?
Let's say I had bought into ARB at 11p - do I sell at 20p after TP realised or do I still see value...
Clifford will be presenting today in the OTCQB Venture Virtual Investor Conference. Starts at 10:30 AM ET.
https://www.virtualinvestorconferences.com/events/event-details/otcqb-venture-virtual-investor-conference
THG acquisition deal has been confirmed...
https://www.londonstockexchange.com/news-article/THG/acquisition-of-cult-beauty-limited/15084862
"Cult Beauty is the authorised online retailer of c. 300 prestige 3rd party brands across skincare, haircare and cosmetics, including Charlotte Tilbury, Drunk Elephant and Huda Beauty, around two-thirds of which are not currently listed on existing THG Beauty sites, representing an opportunity to broaden consumer choice globally. Due to its distinguished brand portfolio, Cult Beauty will retain a very clear identity within THG Beauty."
"Currently less than 50% of Cult Beauty's sales are international, representing a compelling opportunity to accelerate overseas growth through the THG Ingenuity platform's well-proven internationalisation capabilities."
"THG Beauty's position as the industry's digital strategic partner globally provides a substantial opportunity to offer an enhanced service to Cult Beauty's brands across its beauty subscription box business and digital marketing services, new product innovation and manufacturing know-how, in addition to THG Ingenuity powering the D2C digital transformation goals of brand partners."
Would indirectly benefit Mode if this deal gets signed with Mode having THG as their first flagship partner who will add Mode as a payment option. The Mode payments THG launch is currently targeted for end of September. Exciting time for Mode investors!
"Cult, which was founded in 2007 by Alexia Inge and Jessica Deluca, sells about 300 independent brands, such as Charlotte Tilbury, Living Proof and Molton Brown."
"The takeover being announced this week is also expected to benefit THG's e-commerce fulfilment division, Ingenuity, by enabling it to forge closer ties with many of the brands sold by Cult."
For me personally - Mode has been derisked due to the below key points and I look forward to Mode evolving into a major player with their crypto, open banking and payments ecosystem combining to provide a unique offering that merchants and consumers will be enticed to use.
1) They already have a product out in the market which is their app for Bitcoin trading and has been revenue earning since late last year. This proves that the Mode team can execute.
2) They are FCA approved and can operate legally as a crypto company in the UK with their AMLD5 registration (took 2 years to achieve - many companies have given up after applying).
3) Their have a signed contract with THG who is a major ecommerce company with many brands that will offer Mode as a payment option and will be marketing together with Mode upon launch.
4) They have assembled a very capable team who have a lot of experience in key areas such as Rita Liu (ex-Alipay Emea chief) and Jonathan Conway (co-authored the payments and security sections of the UK Open Banking Specification).
5) Their payments platform with it's built in loyalty programme will sell itself (much cheaper for merchants and consumers gain free Bitcoin through their everyday shopping).
6) Launching into brick and mortar retailers from next year - expect they will sign a contract with a major supermarket.
7) Well funded through the IPO and placing to execute their business plan.
draft - "I said this was easily copied, looks like Paypal are now copying this"
Key differentiators for Mode include:
- very low transaction fees for merchants (PayPal payment fees - https://www.paypal.com/uk/webapps/mpp/merchant-fees)
- which means that merchants can pass on the savings to their customers
- through rewards such as Bitcoin cashback
- loyalty ecosystem built into the payments platform that merchants can leverage for customer retention
Mode has signed a contract with THG despite THG already having PayPal as a payment option (think about why?) - "Mode’s mobile payments and loyalty solution will be enabled on more than thirty THG brands over the next 12 months, starting from the end of September with Myprotein and Lookfantastic."
https://www.theindustry.fashion/thg-to-offer-new-bitcoin-powered-payment-option-following-mode-deal
Asides from THG's own brands - they offer their ecommerce solution to other retailers with Homebase being an example and Mode will eventually be a payment option for these retailers too...
https://www.thg.com/news/thg-ingenuity-and-homebase-agree-10-year-d2c-digital-transformation-partnership/
Look at how much THG Ingenuity is worth with their recent JV deal - they are a serious player and Mode's first flagship partnership...
https://www.theguardian.com/business/2021/may/10/the-hut-group-joint-venture-deal-softbank-thg
"The Hut Group (THG), the online retailer empire run by billionaire Matthew Moulding, has struck a complex joint venture deal with Japanese investment giant SoftBank that values a “yet to be formed” technology division of THG at $6.3bn (£4.5bn).
The deal, announced on Monday, values THG Ingenuity, which Moulding described as a global retail technology platform, at about the same amount that the whole company floated at last year.
Under the terms of the $1.6bn deal SB Management, a division of SoftBank, has bought an option to buy a 19.9% stake in THG Ingenuity that values the division at $6.3bn. SBM will also take a $730m stake in The Hut Group by taking part in a share placement."
Improving the Water Quality Monitoring System in the Yangtze River Basin—Legal Suggestions to the Implementation of the Yangtze River Protection Law....
https://res.mdpi.com/d_attachment/laws/laws-10-00025/article_deploy/laws-10-00025.pdf
"Abstract: The Yangtze River Basin is the largest river basin in China and has the most complex trans-boundary problems. The water quality monitoring system of the provincial boundary sections in the basin is the typical go-to system to show the interaction between administrative regions and basins. In this article, we discuss the water quality monitoring system in the basin from a legal perspective, explore the achievements and deficiencies of the system, and identify the main elements
that constrain the effective operation of the system in the basin, including the fragmented competencies of monitoring institutions, the different monitoring techniques, the overlapping monitoring contents and scopes, the different data releasing channels, and the different applications of the data. We provide legislative suggestions to implement the newly enacted Yangtze River Protection Law and valuable lessons for the design of monitoring systems in other countries or (trans-boundary) basins that face a similar situation."
Time Trade Price Volume Value
10:13:24 21.888 100,000 21.89k O
10:05:48 21.254 50,000 10.63k O
10:05:10 21.90 100,000 21.90k O
10:04:07 21.48 100,000 21.48k O
10:02:24 21.10 50,000 10.55k O
09:58:50 21.50 100,000 21.50k O
09:54:16 21.10 100,000 21.10k O
09:47:54 21.80 46,730 10.19k O
09:35:47 21.055 50,000 10.53k O
09:35:25 21.50 8 1.72 O
09:34:07 21.333 50,000 10.67k O
09:33:44 21.05 100,000 21.05k O
09:32:21 21.34 100,000 21.34k O
Hadn't realised that VLRM came from PCGE via the below route...
PCGE > UPPT > VLRM
Research into PCGE
=================
https://www.*******************/open-letter-to-richard-poulden-pcge
https://www.lse.co.uk/ShareChat.asp?ShareTicker=PCGE&share=Pcg-Entertainment-Plc
Hopefully previous shareholders of PCGE had kept hold of their shares and can regain their losses in VLRM.
Great to see that this is already live and users can donate right now through the below link using the Mode App by scanning the QR code...
https://charity.modeapp.com
Listed Investments (£4,548,820) - Updated 29th July 2021
================================================
£1,296,000 (0.275 bid) - Rincon (8.9 million shares)
£1,450,000 (6.75 bid) - Rogue Baron (21,543,563 shares)
£1,040,000 (0.785 bid) - Eagle Mountain (2.5 million shares)
£410,000 (0.215 bid) - Charger Metals Limited (3,600,000 shares)
£170,000 (1.7 bid) - DiscovOre (10,000,000 shares)
£122,000 (0.355 bid) - Empress Royalty (600,000 shares)
£60,820 (0.059 bid) - Pacific Nickel (1,945,757 shares)
Total NAV Unlisted (£440,000)
===========================
£265,000 - Low6
£125,000 - Anglo Saxony Mining
£50,000 - Media Tech SPAC
Summary
===========================
Total NAV Listed = £4,548,820
Total NAV Unlisted = £440,000
Total Cash Held = £1,297,166
Total NAV = £6,285,986
449,796,506 Total Shares in Issue
Current NAV SP = 1.4p
Yes TEK's stake in BELL is worth around 40% of TEK's market currently...
TEK owns 17.1 million shares in BELL. Current bid price is 70p * 17.1 million = £12 million
Current market cap of TEK = 22p * 130.8 million shares (rounded) = £28.8 million
12 / 28.8 = 41.7%
https://www.lse.co.uk/rns/BELL/manufacturing-and-distribution-agreement-p6ookzautz8r8i6.html
LONDON, U.K. AND PLANO, TX, U.S. (27 July 2021). Belluscura plc (AIM: BELL), a leading medical device developer focused on lightweight and portable oxygen enrichment technology, announces it has started manufacturing and has signed its fourth distribution agreement.
The first X-PLO2R™ units are currently being manufactured in the US and the Company expects to meet its targeted commercial launch of X-PLO2R™, with the first units being distributed in Q3 2021.
The Company also recently signed its fourth distribution agreement with a US Service-Disabled Veteran-Owned Small Business dealing exclusively with the US federal government in areas such as Veterans Affairs and The Department of Defense. This is the next stage in establishing US-wide distribution coverage as part of the Company's commercialisation strategy.
As described in the Company's Admission Document, Belluscura's plan is to appoint distributors in the US to give US-wide coverage for the launch of the X-PLO2R™. Following launch in the US, the Company intends to pursue commercialisation globally.
Robert Rauker, CEO of Belluscura plc, said: "The Company has made great progress since X-PLO2R™ received FDA 510(k) clearance in March and the commencement of manufacturing is the next step before our targeted commercial launch this quarter. We have been pleased with the early interest from distributors based in the US, Europe, South America and Asia, wanting to supply the X-PLO2R™, which gives us great confidence for 2021 and beyond. Additionally, having the X-PLO2R™ portable oxygen concentrator available through a Service-Disabled Veteran-Owned Small Business is a tremendous opportunity and great honour for the Company."
Information about the Salarius crowdfunding on the below site and looks like an additional round which was started in June...
https://invest.microventures.com/offerings/microsalt
Some good Q&As on the above site as well such as the one below...
Question
========
"I work in various hospitals in Texas (multiple cities) - I have not seen your product in any hospital/healthcare organization in Texas - why ? Being a health oriented product - why is it not on the menus of hospitalized patients (most hospitalized patients are on low sodium diets)? Why is it not in all hospital canteens/cafes ? Why has theSaltMe chips not seeked the backing of AmericanHeartOrganization ??? If available at a hospital for patients who need low sodium alternatives - then the message carries home not just to the patient - but to the rest of the family (customer multiplier effect). If SaltMe chips get backing of American Heart Association - then it s a winner."
Answer from CEO
===============
"Hello. Great questions and suggestions. We are in the process of working on that. We are a young company and we need to ensure we expand with solid steps. As we launch our MicroSalt packs by the end of the year, we have a robust strategy to get to hospitals and their cafes. Also, we are in constant communication with the American Heart Association (I personally met with their team in Washington DC) to develop some synergies for our products or for our customers."
Update from Harrison Gross CEO
https://www.startengine.com/lucyd?mc_cid=b7cf288cb8&mc_eid=c26dd838f8
To our dear investors,
I'm sending you this update because you were a part of our first crowdfund on Startengine. We are so grateful for your contribution to the company. It enabled us to do incredible things, like bringing the first smart eyewear to market that looks, feels and functions like regular eyeglasses. As we relaunch on Startengine to help continue our rapid growth, I wanted to take a moment to reflect on what we were able to accomplish in just one year thanks to our investors.
-Launched Lucyd Lyte e-glasses in six styles, to a terrific response from our customers. Over 200 5-star reviews have been received. Six new styles of Lyte will launch in the next 60 days, including some models with industry-first titanium frontplates that weigh just 30g, on par with traditional eyeglasses. We believe this will make Lucyd the most expansive line of smart eyewear worldwide.
-Began development of our Vyrb social media app, which we expect to launch this September to enhance our e-glasses with social features.
-Attended the Vision Expo East eyewear show, where we onboarded fifty optical stores as resellers of Lucyd Lyte, and received loads of useful feedback from optical professionals.
-Secured a national Canadian distribution deal with Marca Eyewear, who committed to buying over $4m of our eyewear from us over 30 months. Read the release on Yahoo! Finance.
-Built a full sales team including a 30-year eyewear industry veteran as head of sales, and a successful fitness tech sales director.
-Signed a partnership deal with D Landstrom Associates to aggressively pursue placement of Lucyd Lyte in big box stores.
-A number of key sporting goods and electronics retailers are currently evaluating Lucyd Lyte for inclusion in their stores.
-We were granted our first utility patent for a software application to manage wearables and IOT devices.
Snapshot of the six upcoming Lucyd Lyte™ styles, launching this September.
As exciting as our progress so far has been, it is difficult to express how thrilled our team is for the future. In just one year, we took the company from a humble startup to a fully-fledged wearables corporation. In light of this terrific growth, I would like to invite you to further build your position in our pioneering wearables company. Please consider making an investment. We won't let you down!