Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
How the undernoted could be described as out of the blue
20 February 2024 - SkinBioTherapeutics plc, (AIM: SBTX, or the "Company"), the life science business focused on skin health, announces that its newly acquired company Dermatonics is set to launch Pheet and Dermatonics Once Heel Balm in Asia, Middle East and Africa (AMEA) in partnership with the Umesh Modi Group (the Group) following the signing of a manufacturing and distribution agreement on 30 June 2023.
and wasn't known by our due diligence prior to buying just beggars belief
mind it may - just - i repeat just may - explain the over the top price paid for this acquistion
ie imo priced in
but still overpaid
others who think otherwise will perhaps post re the accretive nature etc
imo
Initial cash consideration of £1.68 million
Further contingent consideration of up to £1.25 million in cash, payable upon achievement of financial performance targets over 2024, 2025 and 2026
Initial acquisition funding provided through £1.6 million draw down of £5.0 million convertible bond facility
as i have previously noted we will be paying for this over the top purchase for years to come - probably long after the current office holders have not been re-elected
mol
Website also updated as at 16 Feb 2024 (late as usual and not in accordance with aim rules - nevermind tis opti - though also probably not a rare occurrence on the wonderful world of aim companies)
Previously 27 June 2023 Finance Yorkshire Seedcorn Fund 9,449,314 10.36%
Now 16 February 2024 Finance Yorkshire Seedcorn Fund 7,088,314 7.77%
the above number agrees with holding noted on rns 19 Oct 2023 (albeit previous % noted as 9.74 and not 10.36) so presumably c568,000 sold between June and Oct
No change otherwise re Directors albeit S Hammond now not listed
mol
Just trolling around and feeling self ritious (sic) this evening
and noticed at least now on website
https://optibiotix.online/collections/snack-smart/products/snacksmart-soups
mol
No not us per se but seed in at no 4 according to Success magazine
Most Innovative Company in Health & Wellness
4. Seed Health Inc.
Who they are: Seed is a direct-to-consumer, research-backed probiotic company whose products are available for a monthly subscription fee of $49.99.
How they innovate: The company believes “the science of probiotics demands a new standard.” Currently, the company offers just two consumer products; however, the science and testing that go into their products is anything but limited. Based on robust clinical research, it collects probiotic strains and puts them to the test in a high-tech simulator known as SHIME®, which mimics biological conditions from stomach to colon. Formula information and testing data are transparent and accessible, and its scientific board includes researchers from the National Institutes of Health’s Human Microbiome Project.
Financials: Seed is a privately held company; revenue and earnings are not publicly available. According to WWD, the company raised $40 million in Series A funding in 2021.
Impact: Seed’s combination of scientific rigor, social impact work and award-winning product design, plus a subscription model that eliminates the overhead of brick-and-mortar retail, make it a standout in an otherwise overcrowded and underregulated supplements industry.
https://www.success.com/most-innovative-companies-2024/
mol
No not us per se but seed in at no 4 according to Success magazine
Most Innovative Company in Health & Wellness
4. Seed Health Inc.
Who they are: Seed is a direct-to-consumer, research-backed probiotic company whose products are available for a monthly subscription fee of $49.99.
How they innovate: The company believes “the science of probiotics demands a new standard.” Currently, the company offers just two consumer products; however, the science and testing that go into their products is anything but limited. Based on robust clinical research, it collects probiotic strains and puts them to the test in a high-tech simulator known as SHIME®, which mimics biological conditions from stomach to colon. Formula information and testing data are transparent and accessible, and its scientific board includes researchers from the National Institutes of Health’s Human Microbiome Project.
Financials: Seed is a privately held company; revenue and earnings are not publicly available. According to WWD, the company raised $40 million in Series A funding in 2021.
Impact: Seed’s combination of scientific rigor, social impact work and award-winning product design, plus a subscription model that eliminates the overhead of brick-and-mortar retail, make it a standout in an otherwise overcrowded and underregulated supplements industry.
https://www.success.com/most-innovative-companies-2024/
mol
Remember them - well they are attending Natural Products Expo West 12-16 March in Anaheim CA (not their first time i think)
CII manufactures colored and flavored particulates that can be Natural, Non-GMO, Organic, Gluten Free and truly be manufactured to meet our customers needs. CII manufactures direct expanded whole grain, protein and microbiome crisps. CII also manufactures customer granolas, clusters and panned items at our new facility in St. Joseph, MO. CII has partnered with Optibioitix to represent their interest in North America to showcase Slimbiome, a weight management microbiome. Stop by our booth #122 in the Arena and evaluate our new Plant-Based protein samples that can be utilized in numerous applications.
https://expowest24.smallworldlabs.com/cii
mol
Good start to 2024 regarding breakfast smoothie though
14 - 5 star, 1 - 4 star and a 3 star
with the undernoted today
Delicious!
Overall: 5
Mixability: 5
Taste: 5
Effectiveness: 5
Really tasty and not grainy like other shakes I’ve had. Perfect to get protein in the morning and I just wish I bought a bigger bag!
20/02/2024 by Maddie
Verified Purchase
https://www.myprotein.com/sports-nutrition/breakfast-smoothie/13251950.reviews
mol
Tom now moved to Business Development Manager, as he is at Optibiotix, from Feb 2024
https://uk.linkedin.com/in/tom-o-hara-6a8686184
I'll just leave it at that
mol
Https://www.optibiotix-ir.com/content/news/archive/2023/190723
Yep read it - again
Still no FDA reference
I can just imagine texts, phone conversations , whats app
Whatever
I,m really not that important here - for the second time tonight
mol
Aquae
I'm really not that important here and for you to take that reaction is - for the second time tonight - even more over the top
please continue to share your thoughts and have lemming thanks/hints on this bb
mol
Pity Stephen hasn't mentioned that once over 8 years and still hasn't to date as far as i know and of course the reason we are pursuing our path is to minimise regulatory hurdles...........
nevermind
if it's now only down to labelling
jees thank you for enlightening this bb on the wonderful world of lemmings and the self promotion and hints on here
i might just continue to post what i find foc or maybe not - lol
bw all
mol
Whilst i note july 2022 rns and your extract
https://www.optibiotix-ir.com/content/news/archive/2022/200722
and i do note the contents
i draw your attention to the even more recent RNS update - which you and presumably other/s (who i guess prompted your long post) are very much aware of
https://www.optibiotix-ir.com/content/news/archive/2024/300124
and FDA labelling wasn't mentioned (FDA wasn't mentioned) - though perhaps important - not that important for inclusion in an RNS
whilst this was noted
In the last six months, there have been consumer concerns over sugar substitutes which has translated into existing and potentially new industry partners (including PepsiCo) discussing the use of natural, safe sugar substitutes like SweetBiotix® for both new and existing products. In anticipation of this need, OptiBiotix initiated development of its own finished product brands containing natural sugar substitutes and flavourings in mid-2023. The Company believe that natural products will be an increasingly common requirement throughout 2024 both in existing and new products. In recent months, products have been developed and successfully taste-tested with natural sweeteners for a large US company and a large Indian pharmaceutical company.
i await the launch of our own products in relation to our recent anticipation of this need - jees i thought that was the whole purpose of sweetbiotix some 6 years or more ago (c8 i think)
mol
Whilst on most occasions i very much appreciate your input Aquae
completely over the top this time
I've voted up your first succinct post and very much look forward to FDA product submissions re sweetbiotix but even more so news re products on sale this year
mol
Just thought I'd follow up on this group
https://optibiotix.com/optibiotix-announces-three-major-deals-with-partners-in-us-asia/
https://pierceesim.com/products-2/
as presumably three year deal exclusive has expired?
at least I haven't noticed to contrary by way of rns - perhaps missed something - which is possible
anyway perhaps someone here can enlighten us?
mol
For anyone new
https://www.knowde.com/stores/optibiotix-health-plc
mol
I ask again why 2565 shares issued on 25th and now i ask to whom?
https://find-and-update.company-information.service.gov.uk/company/06472144/filing-history
mol
What else would you expect him to do?
jees - anyone here already knows there are a number of fibre alternatives out there - in fact a number on sale - as opposed unfortunately to sweetbiotix which to date still awaits its launch
though after all these years i think we may get a product launch/es at some point this year
i also thought aquae would have contacted soh himself as i was of the opinion he had done so on a number of occasions in the past - but i may be wrong there - i'll let him confirm or deny himself should he wish
mol