Member Info for Nanogeddon

"100m devices generating £20m seems very low at 20p per device"

oh my ******* ****... that's revenue! this company is bull****. what kind of profit can you make from 20p per device??what the **** growth can you get when you're selling 100m devices? there are only 8 bn people in the world 20% of them are in poverty.

Maybe they had forgotten... Explains a lot.

The market was not expecting any orders of any significance this year. This has been confirmed. No change in share price.

My point is that we are all blind compared with LOAM. They were happy to sell a share that the market thought was worth £s for 70p. Because they knew.

I didn't say that, but you have a point NGR. Enough investors were buying "blindly" to drive this share price to 37p, to 70p and then down to 18p... all with no change to the fundamentals.

We're up 20% from when LOAM learned that we had commercialised.... back on 1st November.

It's all very vague for us. The only wisdom I can now offer is follow LOAM. The only evidence we have is that they are in the know.

Don't downplay the share price rise here. It happened on 1st November. We are up almost 20%.

Furthermore, UK manufacturing and raw material costs are not really relevant as the production will be in India.

Can I not ask a question? I have asked it several times over recent months. No one responded, so I assumed there was no information on it.

Frustrating, but probably worth waiting.

Do we know what the gross margin is on these products? And if not, why are they so reluctant to publish that. That really concerns me.

Good article Feeks.

I do take issue with the "...after seeing their share price almost obliterated during the Bear market" comment though. The share price was clearly obliterated by poor financial management. What is Paul Hill's motivation for biased reporting?

I hope it recovers soon, although I fear that this will damage confidence in the company for some time to come.

I do hold Nanoco and I have no interest promoting this company to "do myself any favours". What I have (a fraction of what I previously held) is in for the long term, and must be on the basis of facts and not the kind of hype that has come from this lying CEO.

I will buy more when the time is right. There is no reason to believe in near term commercialisation because:

1) None of the directors are investing their funds

2) LOAM are still getting inside information based on their most recent trade, and LOAM do not believe that the imminent commercialisation is worth much investment.

So I am a liar on the basis of semantics?

"We will have a product in commercial production with a world leading customer operating in electronics markets."

We had a product and still have a product. It was and is in commercial production. That production is with a world leading customer operation in electronics.

It is interesting to note that while I am lying, you were able to recognise that I was referring to Samsung as the customer.

Neither you nor NGR are pulling the wool over anyone's eyes.

Cheers Nanonano... hope you are right... and that my username doesn't prove to be unintentionally prophetic.

I hope you are right Nanonano. When are Apple going to make these devices? Surely they need some sensors. Invoice? Payment?

BT told us that commercialisation was imminent all through last year and all through this year. There is virtually no reason to believe that it will happen by December. As many have pointed out, it is out of Nanoco's control.

BT should not be believed on anything unless he tells us a cheque has arrived.

I’m not making a profound claim here. The majority of trades from institutional investors are based on insider information. That’s why they make money and you lose money if you trade too frequently.

“Nanogeddon how do you know they weren’t buying on the 26th?”

Erm because the price was falling until the 1st. That’s when they bought. It does take a while to buy 6m shares without pushing up the share price. That’s why the share price rose a lot on the 1st.

I won't be pleased until I see the money from commercialisation. Until then I will remain a fool for ever having trusted Brian Tenner.