Member Info for martinu

Nice one. Opti products online with Boots from next year (Q1). And likely in store from Q2.

In the NFCDC minutes posted below by BNino , there is a short update: "progressing, moving forward".

Talk about getting all the bad news out of the way in one go!!! Another spike down?

The cost of trying to run before you can walk. A very costly (ad)venture! £4m give or take to write off! And yes, RNS says £ not €. I think many shareholders may have written off the UK projects. If not completely, then until the long term future. But this announcement crystallises the cost.

Cynical populism to try to save their seats.

Https://www.linkedin.com/feed/update/urn:li:activity:7106887219050672129

Hope this works.

Yes. No rhyme or reason! That we know of.

Mmm, AS, thanks for putting me straight on that. I should've dug a bit deeper.

Hope Hut Gr don't owe us money. As they don't seem to be doing too well.

After my earlier post there were some large sells mid pm. And a overall 10%+ fall on the day. Not sure what precipitated this selling /fall.

A lot will depend on H1 figs and associated commentary. Which, if we follow previous years should be towards the end of Sept.

Revenue for SlimBiome, etc will have to match SOHs upbeat comments from earlier in the year. No reason why not? Perhaps £500k for half year given depressed full year was £450k? Plus some recovery of bad debt?? And, hopefully further news on new partners in USA. And, and, perhaps something more precise on how SweetBiotix is doing with our 2 partners.

In general, from my own shareholding experience, (nothing to write home about), AIM shares have rises related to good news. As short-term holders cash in and move on, and volume dries up, SP often drifts lower. Having said that, I was pleasantly surprised by the rise this year and slightly disappointed we have not held nearer 30p.

No idea. I use advfn BB as well. They have a trades tab. Most trades are id'd as LSE but some AQSE.

Melissa - great song by Allman Bros.

Last year's interims were 29th Sep. Still expecting large loss. Need something positive beforehand or on the day.

StI your trade listed on AQSE.

Yes, mol. Thanks for sharing. Prosecco and curry an interesting mix. As if there won't be enough hot air around.

And, "loadsof" hilarious comment. Made me laugh!

But fair play to Stephen for joining in for the knockabout. Especially as this could potentially be the week before H1 figures?

Andy. First I appreciate the trouble you go to providing figures, etc. It is up to us to make of them what we will or provide alternatives.

Whilst it is usual to make peer company comparisons, all that shows to me is that many of these companies are fleecing shareholders. Perhaps bigger fool me for being invested.

Putting aside remuneration. Do you have any concerns about the ability of each of CFO, COO and CEO?

My concerns are :

CEO's relationship with Altair.

COO seems to be frequently achieving triumphs of presentation over substance. Very much the salesperson without due regard to reliability of product.

CFO exercises very little control over costs.

I have said many times that this company, which I have a small investment in (compared to many I suspect), is running a race between proving possibly excellent technology against running out of funds.

Appreciate comments guys. Clear as mud to me initially. Still a lot to learn re financing.

Didn't read it as "drawn down immediately".

Still trying to get my head around this. Viz

"Supported by EQTEC engineers, EQTEC Italia MDC S.r.l. ("Italia MDC"), the operating company for the Plant, is implementing a series of performance improvements anticipated to be completed in early Q4 2023, at which point, assuming the required performance criteria have been achieved, Italia MDC will draw down the amount of the full Facility."

It doesn't seem like any funds until performance criteria achieved. If I'm completely off the mark please tell me. Be as blunt as you like!

Am I correct in thinking this isn't the repayment of Eqtec's loan to the SPV.? Looks like a loan to Eqtec with refinancing delayed til possibly next year.

At least we have an update.