Member Info for Newuncle

w/c 26 July will provide much more related information on strategy for the payments division. The new boss is clearly very experienced and will be focused on this:

WHAT SDH OFFERS
SDH offers a variety of services to all clients, which can be engaged in isolation or used collectively.

Simplifying your payment transactions, we offer:

Merchant services across all common major credit card brands
FX, specialising in bloodstock, property, boating, travel
Cross-border payments from and to virtually any market
Prepaid cards including virtual cards

Payroll and banking as a service including named UK format bank accounts

GBP, EURO and multi-currency accounts

Working capital for payments division which is why Tintra got involved and expected to grow substantially in overseas markets for HNW clients.

Another RNS (they are like buses here all of a sudden). A loan increase for working capital.

Looks like PIs still just don't get this yet. Maybe results due the w/c 26 July will show 'em? Then we have the AGM 31 July. I do hope the new boss has plenty to say in his results commentary.

Impressive savings when you consider previous numbers below.
For the half year to 31 July 2020 (the "Period") the Group has seen an improvement in performance resulting in a loss before tax of £567,000 (H1 19: £1.318m loss) (year to 31 January 2020: £4.266m loss

Smeeno,

Great reminder there. Again it suggests that DVRG must be doing something right, even if it is just on Labskin alone.

I think Gerry has also been over stating the facts around the use of utilising what's already been developed over and over again "we are using existing tech so no need to re-invent the wheel" etc etc if it's not that or the testing hold ups then is comes down to being to able to sell the solutions so either they priced it wrong or haven't been able to convince potential clients to take it up or the sales cycles are way longer they he may have expected.

Perm any one or more from the above....it may also explain his reluctance to uplift revenue guidance for 2021 to date.

I guess we will all know alot more in 2 weeks time at least.

Bemm,

You will get no arguments from me on that one. Clearly Gerry's enthusiasm has been ahead of the company's ability to deliver (for all kinds of reasons, not least the endless test after test after test regime they seem have gone through). I hope he has got his ducks in a row in time for the 26 July for:

Labskin
Microtox PD
Microtox BT
Skin Club

China JV
EPS Group
Microsaic

Guidance for 2021 Revenues

Bargain hunters can pick these up for 29.5 at the moment.

Looks like some stop losses may have been triggered this week, sub 30p, let's see if the bounce comes with buyers now like it has before.

Cannot recall ever seeing so many identical trade volumes such as all these 9,980 trades....that's bizarre and I am pretty sure its also in breach of LSE rules as it really can't be multiple buyers who have all suddenly decided they want to buy in exactly the same amounts as the pervious trade and the one before that etc etc. Something fisheee going on here.....where's Chesh when we need his expert info on this kinda thing?

I am getting 30p to buy and to sell now fwiw, identical quotes.

fwiw it's only gone sub 30p once since Jan 2021and bounced off 30p 3 times. We await events dear boy as famous person once said (that being Harold McMillan). Over to you Mr Gerry Brandon.

Fag paper difference now on bid v ask, both pretty much 30.0000, still need some real news here to avoid slipping back into the 20s again as buyers seem to be sitting on their hands.

Bounty,

Agreed. For anyone who might not be aware, Tintra can take 29.9% of SJH for less than £200,000 which might scare some off but if you look beyond that and see the bigger picture, this could be like the equivalent of Peter Jones when he bought into Levi Roots Reggae Reggae sauce on the Dragons Den. The rest as they say is history....

The businessman asked for £50,000 for a 20 percent stake in his barbecue sauce company.

After impressing the dragons, he was given the investment by Peter Jones in exchange for 40 percent in the business.
In 2010, Levi was quoted saying the value of the business had increased to £30million.

Options to Acquire Ordinary Shares
In consideration for entering into the Agreement, Tintra will be issued two options to acquire Ordinary Shares:

· Option 1 - an option over 462,311 Ordinary Shares (equivalent to 9.9% of the issued Ordinary Shares as enlarged by the exercise of Option 1) exercisable at a value of 10 pence per Ordinary Share, for a total value of £46,231.10, to be settled by invoiced Management Services of the same amount. Option 1 may be exercised within 1 year from today.

· Option 2 - an option over 1,332,328 Ordinary Shares (equivalent to 20.0% of the issued Ordinary Shares as enlarged by the exercise of Option 1 and Option 2) exercisable at a value of 10 pence per Ordinary Share, for a total value of £133,232.80, to be settled by invoiced Management Services of the same amount. Option 2 may be exercised within 2 years from today, but not until 30 days after the exercise of Option 1.

RB40,

You also have to take into account that whilst the SP has fallen back, the MCAP has increased considerably from @50m to @70m (now @£66m) with the new shares being issued to the new 30p investors and those millions of shares issued to warrant holders. I think that the market could still have marked the SP higher if it wasn't for constant Mr50k seller fwiw. The SP will improve with contract news but not before then

MMA,

Actually it was as a civillian contractor, we were fitting discreet encrypted global network tracking and messaging devices to their Chinooks for field ops which they never had before.....and we had to train the mission ops teams on how it worked etc they were really pleased with what they got.

MMA,

Nice review and love the comparison with those SAS guys (I actually went their once in a previous life and got to meet some of their helo ops boys and had a very nice lunch in the officers mess too, of course I can't discuss why I was there or I might.....well I'm sure you can guess).

ps re motors I have set my sights slightly higher....an Urus will do quite nicely.

BTW I found this little snippet following Glenn's appointment as CEO:

Glenn joined the Company in March 2015 as Chief Operating Officer and was appointed to the Board of Directors in December 2015. Glenn has 20 years of experience in product marketing and research and development, for both small and large companies in the healthcare technology industry, including PerkinElmer where he was central to the development, scale-up and commercialisation of disruptive sensing and detection technologies across multiple emerging application areas.

Hi MMA,

No problem. I would add that imo Glenn does come across really well and has alot of energy and positivity about him, he impressed me.

Thank God for that and yes I agree with you that you are exactly that.

Goodbye and good riddance whichever account you are currently using out the multiple ones you operate