Member Info for jackie1

Was live price so not delayed

Just seen the 2 X £1m (£2m) buys at 16.28pm

US funds buying again

TR1 increased holding should follow

Mike Ashley front runner to take up Woodford?s 31% holding
Why ?

Ashley recent buyout of Sofa.com makers of beds and sofas
Taking up 31% and a offer for Eve Sleep would mean another potential revenue stream to go with sofa.com

Whispers from the city
Mike Ashley British billionaire retail entrepreneur wanting to line up a bid for Eve Sleep after buying out Sofa.com recently in February.
Deal could see him buying the remainder of Woodford 31% holding.
Ashley recently took over Sofa.com the maker of handcrafted beds and sofas.
https://amp.theguardian.com/business/2019/feb/01/mike-ashley-adds-sofa-com-to-his-high-street-empire-sports-direct
Beds, Sofas now into Mattresses perfect match. He must have bigger plans, interesting.
This would also mean Eve Sleep shareholders receiving a premium for the shares.

You’re still in need of some pair of specs read what they had end of Dec not Feb the TU is for last 6 months, when they did a placing and then work it out to June (six months)

Don’t try to twist and hide the information

You uneducated person go have a read at previous updates and stop playing your agendas for personal gains

Firstly they had over £17.5m on the 31st Dec - £12.5m at end June so the burn rate is not over £1m per month go get some better specs change the ones you’re using.

Secondly they have saved 50% of the losses in just 6 months for just a small reduction in revenue keep a 2nd pair of specs on the side

Thirdly they are on course to save full years losses you may now need you’re 3rd pair of specs

Argos, Dunelm and Homebase revenues are still to start H2 not included in the update, as well as most of the revenue from France, Campaign only started recently

Conclusion fully funded for the next full year taking Eve Sleep into a profitable company

Watch the space partnerships from large retailers from France coming our way and a few more in the UK are also signing off very soon

This is only going one way up north Woodford is not selling in the open market he will auction out to his connections just like he did on his last 16% holding

Fully funded company, on course to reduce full years losses with multiple more partnerships pending in advanced stage

One way ride

After missing out last week decided to take a position today was worth the wait

Can now see them partnering with retailers in France on the ongoing campaign

Was correct on MTFB funding was back by US investors, price mostly rises before funding, drop was due to the news that followed after

Not invested in Eve Sleep but i can tell you there is major restructuring going on including a ITV partnering deal

From a very reliable source

You’ll get me into trouble

We are U.S based

Americans backing with strong funding is the talks

Mentioned earlier the volume and shares changing hands to do with it

Don’t know much about Motif bio but some connections in the US are going to give them a strong backing could be the reason behind the rise

Large volume of shares traded hands wonder if its the same institution buyers before the news release

Nouryon news out of the way just as it said slight delay but more surprises to follow yet

You’re going to get me in trouble

Everything with fix into the puzzle soon

We are in a very strong cash position

Cash balance £5.3m (30th June 2017)
Cash balance £3.6m (31st Dec 2017)
Cash balance £1.5m (30th June 2018)

Monthly cash burn is approximately £300k-£350k

Raised £3.5m for next 12 months (August 2018)

Total £5m Cash (July/August 2018)

Near term funding is out of the question, Newsflow on the next deals and a positive trading update early February

Sorry for the timing of the post in a U.S time zone

Will be rewarded with a very positive trading update very soon

Between 20-30% revenue increase
Royalty payments from Tremco and other partners

And some more surprises

Hope we’ve all enjoyed the holiday now just be ready for some rich newsflow

Summarised it a few times before thought I’d remind again it’s coming

Let’s wait and see what sort of deal has been worked

Regards the conversation why don’t all shareholders pick the phone up and talk to the company you will feel more comfortable with that.

Was nice speaking to Akzo Nobel at there head office in Netherlands today

What a excellent set up well impressed would normally take 5 minutes or more to connect to the correct department wasn’t the case this time

Many things were discussed including multiple opportunities which they were currently looking at, also mentioned was bio based chelates for the detergent market which is there top priority. Talking very upbeat as if they were not interested in licensing but buying the product out and distributing it out to there customers as soon as early next year

Itaconix wasn’t mentioned which is understandable but who else can it be other than a Itaconix

AkzoNobel head office +31 26 366 4433

Update back from Itaconix

We are in one of the busiest period in our company history building new products, signing new partnership agreements, increasing sales and revenue

As mentioned final agreement with Akzonobel is progressing well and is close to finalising we are taking this final completion stage very seriously and in a timely manner for the full benefit of the company. We want this agreement the best for the companies interest as well as Akzonobel. Taking a few extra week would mean a better deal

As well as the Itaconix, Akzonobel want’s this agreement signed as soon as possible and would want to launch this out to there customers in over 80 countries.

Looking across the full portfolio we couldn’t be in a better position and expect shareholders to look forward to more news near term and very regularly updates