Member Info for FlyingHigher

Look again at 20p. I stupidly didn't buy in at 20p before due to funding concerns. It's daft that they haven't raised off the back of the recent recovery. Now we could be looking at a raise at 20p. What a missed opportunity!

sp**** hahaha!

Overall, loss before tax for the period is expected to be similar to last year at around £2.3 to 2.4 million.

Cash resources have been prudently managed, and the balance sheet is expected to show a cash balance at the period end of £1,484,000 (2022: £2,963,000) with the cash burn reduced by the receipt of R&D Tax Credit payments which are accounted for on a cash basis.

It all seems very underhanded. The shareprice has been mysteriously drifting and that appeared to present an opportunity for traders like me, but now we see it was drifting for good reason. It's not right that we've been left in the dark like this.

This will tumble and tumble back down to 60p where it was all those years ago. It will probably go bust. All the groundbreaking innovation is unprofitable and now has vast competition. Ocado will quite conceivably go bust in 5 years or so. They're lost half a billion each year with no hope of profit. Good luck with the next raise.

Be very careful here.

Wait for the publicity to ramp up from the likes of IC. It's time to get in quick before this takes off.

Big buys going through at 23p earlier. I'm in.

Pokerchips - Putin is not going to cut the cables. That's absolute nonsensical tabloid conspiracy.

That's a gross analogy

Well said Baoxiou, I suggest we rally behind the shareholder letters to make our feelings known.

NGR - There really aren't so many ways of interpreting the disappointing meager settlement.

Your argument is that the $5m settlement is within the guidance estimate of $200-$250m from Edison and up to $300m from IC.

You have to exclude the IP sale in this because that has wider business implications and is not part of the damages component of the trial.

IntrusiveThought - Display prospects are absolutely zero.

Explain how I could be wrong on that. I'm interesting to hear your logic.

NGR - It's guidance not an outright prediction, but the point is the guidance was so wayward to a point where it has to viewed as willfully misleading, given the company approved it and what the eventual outcome turned out to be.

To say a potential outcome of $200m x3 + the rest of the world + future sales - cost of sales = $5m is absurd.

Can you or anybody else find the guidance that BT has repeatedly referenced in his claim that the settlement was towards the upper end? That's more disinformation spread since the capitulation as far as I can tell.

NGR1616 - Fine, but in this statement, they say X3 for willful infringement, with mention of other regions and future sales.

$200m x3 + the rest of the world + future sales - cost of sales = $5m does it?

It's an impossible figure to justify given the guidance.

I say free, sorry I actually mean $90m for $billions of dollars of sales, so forgive me for regarding that as 'free.'

It basically is!

You don't have to be an expert in the technology to see that display is dead.

That's just logical analysis.

QD development takes years.

Samsung have stifled competition by stealing expensive tech for free.

It would have been difficult to compete with them anyway.

Given their position of leveraging the tech for free, compared with having to pay via licensing and their advanced commercialization, it's impossible for competitors to enter the market.

Tariq speaks for me, the board must go and I believe should face investigations for the way they willfully misled shareholders and continue to do so.

Don't buy the spin!

Edison commissioned damage models on the request of Nanoco.

They published numerous forecasts, which they said were conservative, focusing on the lost royalties model with damages at $200m - $250m for one third of the globe.

To derive a settlement of a retained $90m from this guidance for the entire globe is impossible.

To derive a lost royalties settlement of $5m after the sale of key display IP for $85m is impossible.

For any newcomers in any doubt, the outcome of the trial was a disgrace on a criminal level.

Criminal because the Nanoco board willfully misled shareholders with their commissioned Edison guidance and now lie about the disparity between one third of the globe at $200m and $5m for the entire globe with the sale of the display prospects for $85m.

The display sector is absolutely dead. Don't believe spin to the contrary on that.

No competitor will be able to compete on price and timescales at this point, given Samsung got away with their criminal activities.

We can talk about the STM/Apple prospects, but the question we should all be asking ourselves is do we trust the same people to progress the organic business, given the absolute farce of the litigation battle and their continued willful deception?

BRIAN TENNER AND BOD OUT!

I will be writing this in a letter to Nanoco shortly.

A takeover is still on the cards.

This argument has probably been settled in proving the robustness of the patents in the previous trial. Obviously we acknowledge the risk that they could lose, but I'm also extremely optimistic. I also don't believe this will necessarily make it to trial. Intense negotiations will be going on right now.

Given the low market cap of CPX, any early settlement is likely to be transformational for the company.

19.35p per share