Member Info for GraphiteTech

Lot of legs left in this yet. Monday will be lively!

Think this may break its shackles now. Heavy trading yesterday with a continuation already should lead to a strong breakout of these levels.

Jim Mellon is like the previous poster says a very successful businessman/trader and high profile City figure. Recently he wrote a book called Fast Forward which in eight chapters explains what sectors you should be investing in that will have most dramatic affect to our lives in the future. He later became involved with a company called Kuala INnovations to invest in the ethos of the book, that company recently changed its name to FFWD fast Forward Innovations. Check out the share price action there recently. This is interesting due to the fact when this reformed in October JM came onboard in a NED role. The other directors are also connected to him and it smells like an early stage JM company. However nothing is priced in yet £1.3m mcap, £1m in cash and no upside to say one of the most explosive figures in the market is involved, On the other hand it may just be a watching brief from afar. But given the fact Lifescience is one of the major chapters of his book and he his ultra well connected in the biotech world I reckon his involvement here may be of a serious nature,

Of this one with a Jim Mellon connection just above cash mcap. #no brainer.

SMG I feel your pain and have been in similar situations myself but in all fairness when I read you have also invested in CHL it brings to think why commit to stocks that have only a binary outcome? That's not kicking a man when he's down but reading here and advfn it seems a lot of people have interests in both companies and I can't understand the theory behind such a move. There are lots of heinous dodgy CEO's on AIM and its hard to pick a long term investment even when one of the good guys runs the show, but please for your own sake if you have a lot riding on another binary outcome whatever the odds that you perceive are there adjust your risk weighting accordingly. Good luck here all, I hope an appeal goes through and what looks to be a straight company gets the reward it deserves.

Not come across this one before, anyone got the website details? I think Fintech investments will be massive in 2016, Blockchain and bitcoin seems to be gathering pace at a rapid level. If disruptive Fintech is your bag try reading Jim Mellons book Fast Forward and check out his recently created investment company of the same name, ticker FFWD. I suspect FFWD Fintech investments in Factom and Satoshipay are likely to be the type of investments these guys could be looking for? Another Fintech company Coinsilium is floating on ISDX this month or next at a mcap of £6m with around £700k-£1m of invested assets so it shows if you get the right investments in this sector you can achieve a massive multiplier to your perceived NAV. Interesting company in the making and given the death of the AIM resource sector I think these type of companies are the ones to be looking at. Might join you all here yet, just want to know what they will be investing in first.

Coinsilium wanted around £3m and an AIM listing to give them a valuation of £20m on IPO. They would have invested say £2m but will now only invest about £500k, that leaves a shortfall of £1.5m on what they would have wished to have seed funded into their embryonic Blockchain portfolio. I reckon our cash raises one quickly followed by another is filling that gap. I reckon we will via our links with Coinsilium fund the difference. That then seriously begs the question if they expected an IPO at £20m which we have in effect taken over what price do value this vehicle at?

Camkite I will wait for the name change and maybe get myself a few more first though!

Camkite will do mate , what a great idea, I must admit the 'worldwide' following this field holds is immense and I expect when JM gets the name change passed tomorrow it will bring a massive new audience aware of what we are and what we will be doing.

Just found this amazing little snippet on Coinsilium. They had hoped to list on AIM with a valuation of £20m in August but ended up on ISDX at 1/3 of the proposed value. Given we are on AIM what does that make us worth? If there AIM listing had progressed they would have hoped for a £3m raise. We will not be a million miles off that after the latest fund raising, I think our cash will fill the majority of the gap they have missed via their ISDX IPO, I.e. We will invest the cash we have raised into their/our joint projects. So if that would have had them at £20m mcap why is this not there, or when will it get there is the question? ---- Robert Evans, 11 days ago Were you originally looking to list on AIM in August? Was that at c£20m? If that's the case, why didn't the AIM listing go ahead? Why the change of value? Thanks, Robert. TEAM MEMBER Cameron Parry, 11 days ago Hi Robert, we were originally considering having Coinsilium quoted on AIM. Whilst our advisors, myself and some of my fellow directors are experienced in bringing companies to AIM, we did find the process somewhat frustrated, so following meetings with the ISDX, and seeing how forward thinking they were about blockchain technology, we decided to progress Coinsilium in that direction. The pre-money valuation was reduced by one-third in the lead up to the current offer with founders reducing their holdings. This seemed appropriate for what we are trying to achieve with the company for the benefit of shareholders upon admission to trading. Regards, Cameron http://www.ibtimes.co.uk/bitcoin-blockchain-firm-coinsilium-talks-about-its-ongoing-ipo-book-building-1511724 The range Coinsilium is looking at is between a minimum of £3m ($4.7m) and £4m which would give a market cap of around £20m. On this occasion it is not targeting large institutions.

I think what makes this so much more attractive over coinsilium is the fact a much higher percentage of funds raised here will find there way directly into the seed funding of the tech companies both are invested in than cash burn funding salaries/offices etc. Reading the IPO of coinsilium something like £700k of the proposed total £1.5m raised will go on working capital over 12 months. £500k on investments and nearly £300k on fees. So say we raise £1.3m (£655kalready raised) i reckon £1m of that will find its way into similar vehicles. Coinsilium at £6m mcap, Fast Forward Innovations should be double at the very least. Let see how much we raise and what direction it goes in.

Some have stated NAV to be weak here in comparison to the mcap, Coinsilium which you must use for a near term accurate comparable holds current NAV of c£480,0000 (after reduction of £1.5m goodwill) and will have c£1m after expenses etc in cash raised to invest after the IPO completes. That gives a c£1.5m NAV against a mcap of £6m and its on ISDX. Discount its cash and it will be trading at roughly 6x its invested value. That gives you a feel of how the UK market is valuing investments in 'unicorn first movers' high tech bitcoin/block chain focused companies. If we drop our say £1m raised into similar to what we hold I expect we should have a mcap in excess of £9m at the point of investment to mirror coinsilium. So after the new shares have been admitted and the investments made something c16-20p would seem about right.

Would not be surprised if we are involved directly in this IPO. We have similar sized stakes in two of the companies coinsilium will have invested in and the timing of our fund raising may well link on with their further investments into the companies below. Interesting the IPO valuation of coinsilium is £6m, if you consider we have likely the cash to hold more than they have plus our none payment/Blockchain investments, add this to the AIM listing rather than ISDX and direct involvement by Mellon/Dattels this looks very cheap at sub £4m mcap. ------ Coinsilium will use its IP proceeds which have in the majority been raised to bring there investments in Satoshipay & factom to the levels Kuala currently hold, factom is looking to seek further cash (see coinsilium IPO prospectus https://assets.seedrs.com/documents/campaigns/coinsilium_admission.pdf so I expect some of the c £1m+ we have recently raised (guessing the second placing is similar to the first) will be in factom/Satoshipay. If that's the case we will have much larger stakes than coinsilium. We should after the fund raising and next investment be valued well above£6m. ------- Coinsilium Use of proceeds Why are we raising funds? We want to make further investments in the following Blockchain companies within our existing portfolio: - Factom - Fuzo - Magnr - Neuroware - Rivetz - SatoshiPay We want working capital to help fund the growth of Coinsilium’s corporate advisory services and accelerator program which Coinsilium believes is essential to helping our investee companies achieve their milestones and gain meaningful traction and attract further funding for development. Chairman's Statement: Revised Shares Structure and New Pre-Money Valuation 20 November 2015 Monday, 16th November 2015 "As part of Coinsilium's book building process, an investor has committed to subscribe for £250,000 in the IPO subject to a revised pre-listing valuation being circa £6m for the IPO. All funds are helpful to the book build but there is also a strategic reason for accommodating this as the Company is working with this overseas investor on a future opportunity to build a blockchain-based clearing platform for a consortium of local financial institutions to use for their inter-company and in-country transactional dealings. This restructuring sees the IPO share offer price revised to 10p per share and shall apply to all investors in the IPO."

Jim Mellon is the headline speaker at this event next week. http://www.goldandbears.com He will be doing a session on Blockchain etc. I do not understand Bitcoin, blockchain technology and the like. I leave that to smarter folks like Dominic Frisby who will be presenting on it at Gold & Bears and my good friend Jim Mellon who will – I’m sure – mention it in his G&B talk. This could all be the next phooey hype but it could be big so I’m getting a small exposure via Coinsilium – a two year old blockchain investor listing on ISDX later this month. I’m backing Jim’s judgement on this one. As I understand it, blockchain is a system that allows people that don't trust each other to trust each other. Well that sounds like it’s aimed at miserable gits like me. Coinsilium was set up to invest in Blockchain and Bitcoin companies and start-ups. Plus it generates revenues through corporate advisory and CPD accredited training. Over the past two years they've privately raised £3.3m. Most of that cash has come from HNWIs notably Jim’s business partner Steve Dattels. Now it is raising up to £1.5 million at 10p ahead of an ISDX IPO. It is topping up via a crowdfund on Seedrs. It shows £750,000 committed but I understand that with the HNWIs it is already well past £1 million so the crowd fund element is just a top up. If you want to have a punt you can invest HERE The key people from Coinsilium are Eddy Travia and Hakim Mamoni - who are apparently very well connected go-to people in the space. Cameron Parry Exec Chairman (and CEO of Metal Tiger) is the deal structurer and dealmaker and there to ensure that all PLC rules are adhered to. This is the only serious way for private investors to get pure exposure to this hot sector – there aren’t any other publically traded entities with this sort of investment portfolio. Nearly all activity is VC’s out of Silicon Valley. Coinsilium right now has 11 investee companies including two companies (Factom and SatoshiPay) in which Kuala Innovations (Mellon and Dattels again) have invested in Coinsilium was the lead investors in the case of SatoshiPay and Factom, that means it introduced these two deals to Kuala/Mellon/Dattels. Kuala is part of Coinsilium’s co investor network. It has other co-investors as well - that means when it does deals it doesn’t always have to use its own funds (or all of its own funds) for investments and it can thus gain other benefits from introductions. This could be warrants, free shares or just corporate advisory fees or a combination of all of the above. Factom (Kuala holds 3.5% as will Coinsilium post IPO) is already one of the biggest plays in the blockchain space. This is a potential “Unicorn” as they say or it could all be hot air – what do I know? But here is what the Economist has to say about Factom http://www.economist.com/news/brie

https://en.m.wikipedia.org/wiki/AquAdvantage_salmon First page on Wikipedia and hundreds of news stories across the world. Not in but it looks good, moves on no volume but it may well get some.

Me thinks something is brewing, only 14m in issue.

And a main market listing for a £1.5m mcap. Its the Coward's who are the driving forces here. http://www.perthnow.com.au/entertainment/perths-playboy-prince/story-e6frg30l-1226419869004

Look like directors buys again or perhaps insider leak, about time they did something.

Would expect something soon, suspension was due to them thinking there had been an insider link. So on that note I expect they could not have been a million miles over confirming the contract.

usually out around mid early November, not much cash left, strange drop and rise across consecutive days.