Member Info for HenryHistorian

@Screenlearner: I hear you but these might be months away…. What many investors could hear right now would be a presentation by BT on why they accepted the settlement and what the concrete opportunities are now on the display market. I understand that sensor market is a different category but this silence after what the company has termed as major inflection point is disconcerting as is the fact that the CEO does not deem it necessary to invest some his monies in the company. This is what normally happens when CEOs think that the market has it all wrong and want to send out a strong signal.

I think LOAM are still selling.
Brian Tenner needs to go.
This is a complete shambles and I am beyond furious.
Any half decent CEO would have seen the need to address his/her investors after the “fist major inflection point” but here there is just silence.
How can anyone have any faith left?

Mr Tenner:
I know that you are following this page.
Like many severely disappointed shareholders I have been left aghast by the share price development after the first “major inflection point”.
As a CEO you have to show leadership now and by this I mean clear and transparent communication regarding why you accepted the settlement and what the lowest near term fruits are.
As you may well understand faith in your messaging has taken a profound toll. Normally when CEOs believe in the future of their company they buy shares over a meaningful amount to signal confidence to the market and to existing shareholders. So far we have neither seen clear communication behind the settlement nor a director deal by yourself.
I call upon you to address the current situation as soon as possible.

If BT had been straightforward with investors he could have laid out the different models including the USD 50m model - which he never did.
It is very clear to anyone that all the broker research some of which paid by Nanoco pointed to much much higher payouts for Nanoco m.
The simple fact is that Brian Tenner was happy to maintain a misleading picture to shareholders over mont.
I understand that some people on this board for their own personal reasons want this to sweep under the carpet but I will not allow this to happen.

The sooner Brian Tenner resigns the better.

@NGR: In the eyes of ca 90% of shareholders- after all why did the share price crash after BT announced a settlement that he had the guts to call transformational.
Mind you other shareholders are here not because they still believe in him but only because they are looking for an okayish exit.

@tbow: Yes the settlement does not stack up at all.
Shareholders have been misled and than they were betrayed.
I will be looking for a reasonable exit but Brian Tenner has zero absolutely zero credibility left.

I am completely underwhelmed how the first major inflection point in value has panned out.

It is a complete and utter shambles here.

@DWStudios: Yes we have protected the fig leaves of the directors - that is all.

@IDL70: I am in complete agreement with you and this is why I am so furious with the settlement.
It does not represent adequate compensation for past or future lost revenues from Nanoco IP as it barely covers London lost past revenues let alone future revenues.
As you said Samsung can continue to provide QDs to anyone they want without Nanoco receiving one penny.
To sum it up: A large field of potential Nanoco business activity has been sold down the river.
The only hope is now sensor but here we can only wait and hope.

The silence from Brian Tenner, his unwillingness to invest in a beaten down share price tells everything.

The only positive thing is that directors will get their big salaries for the next few years as we are now an amply funded company.

I am almost amazed what crap some people sprout like 1000%…..

@DWStudio: Nothing happens. Under the capitulation that BT has signed Samsung was fine to sell and continue to sell Nanoco technology.
People need to give up hope on big future litigation for several reasons: Samsung was the main prize and this was allowed to slip away for which eternal shame on Brian Tenner.
All the other offenders maybe owe say 15-25 million to Nanoco- hardly a sum that will change the needle on the current share price in a sustained manner.

@Valueformoney: Maybe you missed it but a member of the BoD bought shares last week - surely a CEO who has now more confidence than ever and who could say that Nanoco is now funded for the next couple of years could buy shares for a meaningful amount?
We cannot let BY get off lightly - the focus must be relentlessly on whether their words are met by their actions and whether there is really alignment of interest.

Do people don’t find it strange that Brian Tenner has not given interviews post the settlement? After all he thinks that Nanoco did extremely well judging by the last RNS and so it would only be natural for him to broadcast his success - but no just silence and a share price that has fallen significantly.

@GigaWitt: I did and come to the conclusion that he never bought shares when they were at the current price level and only did a sham buy in the equity raise of May 2022.

@Valueformoney:Well I wonder why someone with a very generous six figure salary and bonus would have no money to invest? Especially in a company that according to senior management has just successfully managed to achieve one major inflection point and should achieve a second major inflection point this year.
I will trust Nanoco’s Brian Tenner as soon as he puts in GBP 70k or so to show his confidence in Nanoco’s perspective.

@Nanogeddon: And the really sad fact is that we already have big commercialisation with Samsung it is just that Samsung got away with murder despite assurances by BT that this would not be the case.
Just to restate here again: Nanoco’s research must be top notch for a company like Samsung to “borrow” it but the question is whether we have a CEO who can make something out of this???
We certainly now know that he has no scruples or morals in relation to Nanoco investors so I can understand that many people just hang up on Nanoco.

Correct Feeks - and the reluctance of Mr Tenner to put in say GBP 50k as a modest but clear signal of his faith in the prospects of Nanoco speaks volumes.
The tragedy is that with all the cost cutting even a small deal over say GBP 5-6m could permanently secure Nanoco.

Yes it is oversold but is that so surprising? I mean many investors if not most investors have lost trust in Brian Tenner. They compare the expectations that were generated through his messaging over months with what settlement he accepted and there is such a big gulf between the two that many have sold up in disgust.
As you can imagine after the first major inflection point worked out like that there are not many who will wait around to see when and if the second major inflection point arrives.

@troublesome: Yes in a way I wanted to highlight this that it is not a definite term and this is what I find so frustrating here. All we get is vagueness.
The only good thing is that this company is now well funded.
To restore my trust I want to see Brian Tenner put in GBP 80k of his own money. With his salary and bonus that should be perfectly doable.

@GigaWitt: No, I am just taking Mr Tenner by his word - here from his latest RNS “significant organic growth in the near term”.

In my books near term is two, three months not 8,9 months away.