Member Info for Mars1

At 31 Jan cash was 8.7m with 1.4m due from HMRC in May. In addition 2.6m was received from The US partner/client giving 12.7m with further milestone payments to be made. Current costs are 700k per month. Commercial production for the US contract commences Feb. Takes cash risk out of the equation.

I see the current list above 3percent at end April now excludes Capitol Gestion who had the fund manager change in Feb. That was at least a 4percent reduction from 7percent in 2 months. Below 5percent there is no reporting. Not quite 2 months gone since the end of April so wonder if the sale is now complete. So that would account for the flat price for last four months. Even with this sale the 3 percent plus has increased over the last 3 month period from Jan to April. Nothing short term about this holding.

Just back from hols I see the advfn morons have bored themselves silly on their own board and have come to embarrass themselves here

Most bio’s have prospective valuations long before revenue generation. I agree it will be a while before bio adds revenue but the scope is so wide ranging much more than many bio specialists and the IP is fundamental to access. This has huge potential.

This may have been posted before but this alone probably equates to the current value placed by the market on the co. https://m.youtube.com/watch?time_continue=5&v=ZkKqQXg2hSM

Interesting view of course he could protect the US market from who, the Chinese and Asia and Europe, that would be ok.

That’s the third 50k less expenses buy in 3 days

A, I seem to recall ME in an interview saying they were aiming for the end of July to complete the new factory unit. There has been no confirmation that this would attract a further milestone payment but it is a major step forward.

Film has been made by Wah Hong in the past as prototypes have been made including the film. I wonder if it is the first commercial quantities whether the export agency has required clarification in the decription on the materials exported.

Yes waiting for next bit of news. I was just reading about a one product bio company going through testing phases valued at £116m. Yet to think we have bio (multi-use), display, lighting and nano-particles with product on the way and valued at £124m.

We still await the identity of the US customer re the supply of infrared sensors in the meantime here is an article about thin film sensors from sensorexpo; https://www.sensorsmag.com/components/sensors-expo-2018-thin-film-sensor-market-rising

27” just announced any views 98.7 percent DCI-P3
https://www.acerdisplay.com/monitor/4k-uhd/bm270.html

NN there are new borderless 27” screens which should be in production now. AOU are a clear supporter of qd tech, confirmed by Peng at CES. AOU will not keep ME informed what they will use when. There is no doubt Nano’s qd will end up in the 27” it is just when.

NW the AUO press release confirms cadfree for 8k I think we had concluded the X27 and PG27UQ were not. I believe as they were prototyped 2 years ago the materials for their production were already in stock as with any manufacturing process these things have to be ordered well in advance. This is why we have seen production staff increases at the start of the year at Nano. Only cadfree film will be ordered going forward. Wonder when stocks will run out. This will change specs going forward and this is the conditional statement on the ASUS site for the PG27UQ; “All specifications are subject to change without notice. Please check with your supplier for exact offers. Products may not be available in all markets. PCB color and bundled software versions are subject to change without notice.”

Another article from Forbes re production capacity and costs.
https://www.forbes.com/sites/johnarcher/2018/06/29/8k-oled-two-years-behind-8k-lcd-claims-analyst/#3072c1fe7680

Nanopartickes has more potential touching every electronic interface with a human in the world Apple will never do that. Of course it is only ever going to be raw material in every electronic device.

Anyone wanting to buy would approach LO for their holding anyway.

Equally they are in a position to prevent a takeover subject of course to the price not being high enough

The good thing about a commercial order you know it is not for testing. The order exists to meet demand. So it is film going into product and therefore will be repeated.

BC yes a curious timeline however not all is clear in the text. Order was received June 2017 payment is made within a timescale after the order is delivered. Second half for Nano starts January, so if delivery was December then payment 1 month later or delivery October with 3 month payment terms but that is more typical of royalty payments. An exception could also be made for the first commercial order.