Member Info for jez01

Quite agree with others, I too will be making a loss. Was looking to average down at some point as I had high hopes for this company. Certainly not expecting such a low bid offer.

Https://splash247.com/danish-led-msc-enters-maersks-backyard-with-aarhus-port-deal/

Just came across and thought I'd share. Could this be part of the QED jigsaw and a reason for the delay.... time will tell.

"Quadrise Fuels International extends its Representation Agreement with consultant Younes Maamar, awarding up to 15.6 million new warrants contingent on reaching specific milestones by 2025. The extension follows the signing of a Commercial Framework Agreement with OCP and the awarding of an initial 3.6 million warrants exercisable at 1.452 pence per share. A further 12 million warrants are promised upon securing a refinery supply source and a Commercial MSAR® Fuel Supply Agreement with OCP by the end of 2024." Taken from https://www.tipranks.com/news/company-announcements/quadrise-fuels-awards-new-warrants-extends-agreement. So there appears to be refinery supply source agreement to be agreed and the deadline end of 2024. Perhaps this is why we still haven't heard anything regarding OCP, it's all coming in the last quarter?

Microsaic Systems Trading Ltd - Notified Companies House 18.05.2024 - Directors: Alex Chapman and Robert Moore

Microsaic Systems plc - First Gazette notice for compulsory strike-off 06.08.2024 following day Compulsory strike-off action has been discontinued.

Accounts - overdue Confirmation Statement - overdue

Https://www.cepsa.com/en/press/cepsa-2g-biofuels-norwegian-barcelona-co2-emissions-reduction

While we wait on the updates from Jason, came across this news regarding CEPSA.

Just reread the transcript of the Directors Talk on the 13th August 2024.

So looks like we should be getting an update on OCP later this month all being well, that there were no issues with customs this time.

Liked this comment: "there’s quite a bit of business development work ongoing with a number of other shipping companies, and potential refinery suppliers as well, ready to complement the commercial supply to MSC and OCP in the future from marine hubs."

So not just MSC but other shipping companies, this makes a good deal of sense.

Perhaps we will have a good Autumn to look forward too.

Q4: That must be an extremely important milestone for the company?

A4: Yes, it is. These sales incomes are extremely important for us, but it’s also our first technology license, frankly, and this really establishes a baseline value for the IP and the know-how that we’ve developed over the years.

Also important, equally, is the access to advantaged ultra-low sulphur, low carbon. Basically, the fuel itself has a lower carbon intensity as well, because it’s not going through a refinery process and that means that this could be a game changer for a range of energy applications, not least to decarbonise the existing marine fleet.

Q5: Moving on to your other key projects, how are things progressing there?

A5: In Morocco, the Quadrise engineering team are fully engaged with OCP to deliver this month on trial at the Jorf Lasfar site this quarter so there’s a flurry of activity preparing for this, including bringing all the equipment in and the additives, etc, and getting everything through customs, which in the past has taken a little bit of time. So, at the moment, we’re very, very busy and making sure that everything gets through smoothly.

On the other side of the coin is basically the commercial supply discussions, which have begun already with potential MSAR suppliers in the Mediterranean as well.

With MSC, we’re getting closer to finalising the three-way agreement that we have, which also includes Cargill. This has taken a little bit longer than anticipated, we are getting to the final points so looking forward to progressing that and providing an update.

In Southeast Asia, we’re also looking to conclude an agreement for testing MSAR at a refinery there, the trial itself will be a precursor to then continue use of the fuel in the system in the refinery.

In parallel, there’s quite a bit of business development work ongoing with a number of other shipping companies, and potential refinery suppliers as well, ready to complement the commercial supply to MSC and OCP in the future from marine hubs.

I shouldn’t forget that the bioMSAR development program continues extremely positively. That also involves partners such as Vertoro and BTG Bioliquids, who are involved in this as well and we’re planning some further engine testing at Aquafuel on some exciting new formulations, incorporating some of these products, and looking forward to publishing that data in the near future as well.

Q6: Sounds like a busy period for Quadrise. With that in mind, what should investors be looking out for next?

A6: It’s going to be still a busy summer and aside from the Valkor project activities that obviously, that we will keep shareholders up to date with, and the ongoing bioMSAR work over the summer, our main focus is frankly on concluding the Morocco trial successfully, safely, and making sure that the MSC agreements and the Southeast Asia project agreements are signed expeditiously as well.

........making sure these t

Looks like Labskin has been resuscitated, not that any of us will benefit.

Is anyone else having issues with the Taptalk group chat?

Per Simply Wall Street website - not sure exact dates of course.....

Top Shareholders

Top 25 shareholders own 30.74% of the company

Ownership Name Shares Current Value Change % Portfolio %

5.77% Mercia Fund Management Ltd. 18,071,164 UK£1.9m 0% 24.86%

4.21% Christopher Hand 13,178,467 UK£1.4m 0% no data

2.52% Chris Henry Yates 7,888,844 UK£848.1k 0% no data

2.28% Jarvis Securities plc, Asset Management Arm 7,150,689 UK£768.7k -7.17% 0.06%

2.27% Catenalucis Llc 7,088,488 UK£762.0k -6.59% no data

1.98% IP Group Plc 6,190,560 UK£665.5k 0% 0.64%

1.95% Maxim Duckworth 6,113,124 UK£657.2k 0% no data

1.27% HBOS Investment Fund Managers Limited 3,973,813 UK£427.2k 21.60% no data

1.10% University of Birmingham, Endowment Arm 3,454,496 UK£371.4k 0% 61.98%

1.04% A J Bell Holdings Limited, Asset Management Arm 3,249,076 UK£349.3k 4.09% no data

0.99% Barclays Bank PLC, Wealth and Investment Management Division 3,092,883 UK£332.5k 5.77% no data

0.69% HSBC Global Asset Management (UK) Limited 2,159,115 UK£232.1k -1.21% no data

0.68% Hedley & Company Stockbrokers Ltd, Asset Management Arm 2,142,750 UK£230.3k 891% 0.15%

0.62% Unicorn Asset Management Ltd. 1,927,750 UK£207.2k 0% 0.03%

0.57% Godstow Holdings LLC 1,780,068 UK£191.4k 0% no data

0.47% IG Group Holdings Plc, Asset Management Arm 1,456,617 UK£156.6k -9.69% 0.02%

0.44% London Wealth Management Limited 1,387,156 UK£149.1k -4.02% 0.01%

0.40% Charles Stanley & Co. Ltd, Asset Management Arm 1,245,314 UK£133.9k 10.20% no data

0.29% Octopus Investments Limited 904,000 UK£97.2k 0% 0.01%

0.28% Nicholas Properties (UK) Limited 891,132 UK£95.8k 0% no data

0.26% Idealing.com, Asset Management Arm 808,535 UK£86.9k 10.30% 0.06%

0.23% Humble Rogue Ventures Llc 709,180 UK£76.2k 0% no data

0.19% Peel Hunt LLP., Asset Management Arm 583,011 UK£62.7k 122% 0.02%

0.12% Schroder Investment Management Limited 383,486 UK£41.2k 0% no data

0.12% Rathbones Investment Management Limited 378,905 UK£40.7k -22.10% no data

https://*************.net/biofuels-are-rapidly-becoming-a-key-component-of-the-energy-transition

biofuels are rapidly becoming a key component of the energy transition

amilia stone

july 17, 2024

11:49 am

qed

since the early 2000s, biofuels have been promoted as a means to reduce greenhouse gas emissions and reliance on finite fossil fuel resources. there is indeed a catch, though. production of ‘conventional’ biofuels—those derived from dedicated crops such as palm, sugar, or rapeseed—has led to significant ethical and environmental challenges. when large swathes of land and resources are used to grow biofuel crops, this competes with resources for food crops. the result? food prices go up, exacerbating global hunger and poverty. this creates a moral dilemma: should we fuel our transport or feed the hungry? meeting the growing demand for biomass often involves clearing forests, destroying vital ecosystems, and releasing large amounts of carbon dioxide stored in trees. converting natural habitats, which contain thousands if not millions of different species, into monoculture plantations for biofuel crops depletes biodiversity, disrupts local water cycles, and degrades soil health.

in response to these issues, focus has shifted to ‘advanced’ biofuels, such as biodiesel, which are sourced from industrial and agricultural wastes and residues (‘2nd generation biofuels’) or novel feedstocks such as algae (‘3rd generation biofuels’). pure biodiesel (‘b100’) can be mixed with hydrocarbons to form biodiesel blends, such as b24 or b30, containing 24% and 30% of biodiesel respectively, which are now commonly used in the marine sector. our biomsar™ represents a new generation of ‘advanced’ biofuels. biomsar™ blends the hydrocarbon with glycerine, instead of biodiesel. the glycerine used is sourced from industrial waste streams and offers additional benefits. it is non-toxic, helps lubricate engines and it makes our biomsar™ 10% cheaper than the biofuel blends in common use today. by choosing biomsar™, customers are choosing a fuel that not only addresses the ethical and environmental concerns associated with conventional biofuels but also offers practical advantages in terms of cost, emissions and safety over other advanced biofuels.

quadrise plc (lon:qed) is an energy technology provider whose solutions enable production of cheaper, cleaner, simpler and safer alternatives to fuel oil and biofuels, proven in real world applications. quadrise technologies produce transition fuels called msar® and biomsar™, which allow clients in the shipping, utilities and industrial sectors to reduce carbon emissions whilst also saving costs.

Https://find-and-update.company-information.service.gov.uk/company/10205396/filing-history

As recently as December 13th 2023 per the Modern Water (Chinese Website) - see CN at top

Modern Water was invited to participate in the Guizhou-UK Environmental Protection Technology and Equipment Sharing Symposium

On December 13, Tim Standbrook, Deputy Consul General of the United Kingdom in Chongqing, along with officials from the environment, climate and energy departments of the Consulate General, officials from the Northern Ireland Investment and Development Agency, and representatives from British environmental companies including Modern Water, visited the Guizhou Provincial Department of Ecology and Environment. .

Wang Yingxian, deputy director-level ecological environment inspector of the Guizhou Provincial Department of Ecology and Environment, held a discussion with Tim Standbrook, the British Deputy Consul General in Chongqing, and his delegation. Relevant personnel from the Cooperation Office, the Provincial Academy of Environmental Sciences, and the Provincial Monitoring Center attended the discussion.

The Guizhou Provincial Department of Ecology and Environment welcomed the visit of British environmental protection companies and gave a comprehensive introduction to the provincial ecological environment from five aspects: "high-standard pollution control, high-position rectification, high-quality development, high-level protection, and high-efficiency reform" The key work done by the Department in the construction of ecological civilization and ecological environment protection in recent years, and hoped to promote exchanges and cooperation between the two parties through discussions and exchanges.

Tim Standbrook

Tim Standbrook, Deputy Consul General of the United Kingdom in Chongqing, expressed his gratitude to the Provincial Department of Ecology and Environment for the warm reception, introduced the purpose of the visit, and expressed his hope to strengthen exchanges and cooperation with the Provincial Department of Ecology and Environment. Six environmental protection companies including British Modern Water introduced their advanced environmental protection technologies and pollution control experience in their respective fields. Participants discussed ecological environment protection technology, environmental monitoring equipment and other aspects, and actively explored the possibility of cooperation and the next direction of cooperation.

Modern Water technology sharing

Modern Water China Regional Sales Manager Li Jie participated in the exchange as a representative and introduced the equipment advantages and application cases of Microtox biotoxicity and Microtrace heavy metal products to the participants during the British enterprise sharing session.

My mistake, but I noted SkinTrust's Tracey Ryan being involved and that the location was Cork, same as Glanaco.

Launching next week. Based in Cork.....

RNS from 15 December 2023: "Allergy Therapeutics plc (AIM: AGY), the fully integrated commercial biotechnology company specialising in allergy vaccines, announces that its auditor, BDO LLP ("BDO"), has informed the Company that it requires additional time to complete its audit for the year ended 30 June 2023, due to resource availability within the audit engagement team." - It's the auditor BDO who is the reason for the delay, not Allergy Therapeutics.

28 Nov 2023 First Gazette notice for compulsory strike-off

Just noticed that the following is due to be announced tomorrow.

Looking very much like Deepverge scenario.....and still no audit.

https://find-and-update.company-information.service.gov.uk/company/03568010/filing-history

Wow, someone is very confident....

Https://www.investopedia.com/terms/d/deferredshare.asp#:~:text=No%20longer%20commonly%20used%2C%20deferred,shareholders%20have%20received%20their%20distributions.

Not where I expected to be with this investment, however all may not be lost in 5-10 years perhaps?