RE: NEXT COVID WAVE / HEPA FILTERS # ANTI COVID PRAY ON06 Jul 2022 08:57
What do you expect him to do, fill up a van on his own and head to the market. The business was a complete and utter shambles, he had to turn that around giving strategy to the company and putting people in place to assist. Do you recall that previous head of sales Graeme Todd, used car sales man at best.
I think it's fair to assume cash was spent on manufacturing processes given the update in the last RNS - doubt they did the work for free.
Anyway pointless debating hypotheticals with randoms, let the market do the talking - Good or bad.
RE: NEXT COVID WAVE / HEPA FILTERS # ANTI COVID PRAY ON06 Jul 2022 08:40
"Strike you are spot on, great trading yesterday for the traders but if you want to see where this is heading just look at the 1 year graph. After very spike NNN SP reverts to steady but certain decline. If you cant sell a mask in a pandemic you certainly cant sell all the things on the Christmas list with a BODs who couldn't organise a P*** up in brewery."
Partly true but no recognition that the current BOD is different from the old one - not scientific but the business minds. Yes, the old one lacked the skills and experience and it was a complete and utter shambles. I do get a feeling Duffin may have a clue and this product is good with many applications. United - some of what you write is spot on but I do find it strange that you choose to spend so much time here.
RE: NEXT COVID WAVE / HEPA FILTERS # ANTI COVID PRAY ON06 Jul 2022 08:19
'They can't even sell covid killing mask and gave it away to charity for free. Now HVAC filters :) lol'
You are absolutely right and that was a complete shambles. However now, only the scientific brains are remaining on the BOD. Fingers crossed the new business lot on the BOD can reach this techs potential. Interesting to see if there are any TR1s coming. They did spend 2 mil but I think you'll find a lot of that was spent in R&D with a chemical company improving and scaling up the manufacturing of Nano compound. Don't think they blew it on coke and hookers
What really annoys me is why is the AGM in London for a Nottingham based company. Why are there only hand grenades thrown every few months and no meaningful communication. Why is there never been any mention of the fact they're working closely with a major chemical firm based in Derbyshire? There are things happening but they maintain complete secrecy.
I also think there's something in the pipeline but think expectations need to be managed. The real potential for this company to make cash was during Covid and the previous BOD just didn't have the skills or experience to exploit the product. That Todd fella was useless. Fingers crossed Virosynth and Volz can make something of the filters but I'm not holding my breath. The new lot are trying to build the business by SA but are shackled by the high expectations which may never be met plus the historical shenanigans of Trevor Brown. I do think the investor relations has been appauling by both BODS - they're not making nuclear missiles! How difficult is it to stick something on social media or do an interview to keep the peace? Why would the other BOD members grant Duffin and his mate the share options at 1p for hard work if nothings happening? GC has a history of standing up to protect his share of the business - how would he benefit? It appears that there quite a lot of staff at Nanosynth - they must be doing something. How would Duffin and Co benefit from having all these people on the payroll twiddling their thumbs but getting paid? I don't expect a bomb shell RNS that will propel the SP to dizzy heights but sensible SA that will give the brand opportunity to organically grow. Bottom line - I think we're in for the long haul........ good news is the products good and has various applications.
I understand the SA is in the final stages. Can’t come quick enough tbh. I really don’t understand the previous BOD and the current BODS fascination with complete secrecy. At the moment it is be a legal requirement but constant silence just annoys everyone.
It’s demoralising for sure to be down 5% every day but moving on……
What do we think the acquisition will be? I think filters and PPE will be left to Virosynth and Volz. Medical cannabis company? Specialist paint manufacturer? My guess is animal feed manufacturer and supplier.
This board is starting to sound like a religious cult, the only thing that RMS / NNN have ever produced is grey hair and disappointment. Any yes I’m a LTH and ?? it turns around and produces / sells the goods. Duffin getting his options at 1p concerns me……
United does have a very good point below and I'm worried about how they will fund the acquisition... issue more shares. Doesn't inspire confidence now he can have his shares at 1p. 2p I could understand and just getting a big wad of cash for an acquisition..... You're expected to work hard for your salary and bonuses are for performance not acquisition.