Member Info for Nig1954

Because the North American order is with an existing client and details of the original order have already been RNS'd.

The partnership with a Canadian client is new but the size of the order may not merit an RNS.

Let's not forget that RNS's are not cheap and I'd rather have the company preserving it's vital cash flow to finance new orders than be wasted on informing investors of a new small order which may not be sufficiently material to warrant an RNS.

I'm quite happy for the company to keep investors informed of these other developments by using other forms of communication, such as, an RNS/news as they have done in this instance.

DHL Israel has(d) strong links with DHL UAE following the peace agreement between the two states - Abraham Accords- and the intention was for other middle eastern states to have access to Israel's booming technology sector. But the real premise of the Accords was proving that the Palestinian issue was no longer an obstacle for Israel’s relationships in the region, as Arab states dropped their demand for a Palestinian state as a condition to normalizing ties with Israel. However, the conflict with Hamas has imposed serious challenges to this agreement. Business ties between Israel and Accords partners still continue and no Arab countries have yet cut relations with Israel but the war has had a strongly negative impact on regional public opinion towards Israel.

In the years that followed the agreements, the signatories took on a series of trade deals and security cooperation arrangements. The most lucrative were those between Israel and the United Arab Emirates, which conducted more than half a billion dollars in trade in the first year of normalized ties.

The US is still endeavouring to foster close relations amongst all the relevant partners but it's very difficult at this juncture to determine the expected outcome given Iran's support for Hezbollah and the Houthi's which has resulted in further turmoil in Lebanon, Syria, Iraq and Yemen.

This may hinder t42's efforts to penetrate the MENA market which could be very lucrative for Lokies and we may therefore be dependent upon other regions within the DHL Group

It is and one can but presume that different segments of the organisation are granted some form of autonomy when it comes to deciding which security devices to use.

Let’s hope that other geographical segments within the Group eventually decide to follow suit and choose to implement Lokies as well

That would then begin to put the cat amongst the pidgeons

Https://www.linkedin.com/posts/t42iot_in-the-iot-world-lower-power-consumption-activity-7203697126286016512-cBgT?utm_source=share&utm_medium=member_ios

T42’s claim is that this now functions as a full security system with UNMATCHED capabilities which suggests it is cutting edge technology

This can be remotely opened and accessed through BLE connectivity or through web and mobile applications

Presumably this reflects on their recent collaborations with Eseye and Satelliot

I'm inclined to believe that anyone who has built up a substantial stake in any AIM stock is inclined to be fully familiar with the disclosure rules. If they aren't then they're running a fools errand. Having said that the penalties for non-disclosure should be more robust in the interests of all investors.

I wonder what the average cost of Tom's shareholding amounts to given that there's been no indication of anyone building a substantial stake in this calendar year which leads to the assumption that the shares must have been acquired at a much higher cost in previous years which implies he's still under water.

If he's offloading now then he'll be realising some hefty losses.

Presumably this is in reference to Helios Advanced which I understand is attracting a lot of interest especially from our customers in East Africa where we appear to have an active Distributor with very good connections .

I seem to recall that Kenya recently stated they were seeking technology of this nature as road accidents continue to increase on Kenyan roads.

Also, Nigeria are seeking a solution to their problems as they have the highest road death rate of any country globally.

This innovative technological advancement appears to be the first of its kind and t42 are the first company to market so let’s hope we can monopolise upon our advantage of being the first to offer this unique solution.

The recent change to issuing RNS's before orders have been confirmed smacks of signs of desperation by the BOD who seem intent on trying to release good news to the market before the terms and conditions have been agreed thus having a more negative than positive effect which means that the improvement in investor sentiment fails to materialise.

Let's also not forget that back in June 2022 the BOD announced that DB Schenker, one of the world's largest logistics providers, had commenced an initial pilot programme of t42's tracking locks. The pilot programme was expected to proceed for some months following which t42 hopes to initiate commercial discussions.

I might have expected to hear more on this front by now unless the sale of Schenker's is holding back a decision. If that is the case then let the investing community know rather than allowing them to draw their own conclusions which will usually be of a negative disposition

Within the past 12 months t42 have announced contracts in Brazil, Mexico, a long-term agreement for Lokies in February and last July announced a collaboration into the refrigerated air cargo supply chain, following a partnership with a leading global firm providing sustainable solutions across the cold chain.

The company appears to be turning a corner and there are clear indications that customers are acceptive of and adapting to their technology. The new leasing structure is now receiving recognition and the scale of future orders will be dependent upon the necessary funding being secured.

It has been mentioned previously that we had over 20 pilot studies in operation and the recent Brazilian contract was in the pipeline for 18months/2 years before the customers required operational standards were achieved so there's evidence that a lot is happening behind the scenes. It's quite feasible that we have other opportunities in the pipeline which can't currently be actioned until the funding is available.

So the future is beginning to look more positive and we're gaining traction in the market with repeat business from existing customers. However, I don't think we're going to land a huge contact which will transform the business over night. It's more likely to be a case of steady as she goes as we slowly build momentum until we can become self financing.

Furthermore Helios Tracking have added further features to Helios Advanced which appears to be performing strongly in the African market, especially East Africa and is contributing strongly towards the business.

I'm more inclined to think that a large competitor will seek to buy the business at some future point when its grown sufficiently to become a threat towards bigger and better financed companies and I hope we can manage to obtain a premium price as and when that eventuality occurs.

The Container Tracking Market is expected to grow from USD 10 Billion in 2023 to USD 23 Billion in 2032 driven by the growth in international trade and concerns regarding cargo theft and security.

The high initial cost of smart container tracking solutions coupled with the integration challenges and compatibility issues has thus far continued to hamper market growth.

However, the surge in the development of customised solutions for industry specific needs along with the global expansion of cross border trade is presenting significant opportunities for market expansion .

The hardware segment is expected to maintain its leadership status as its components are primarily designed to mitigate risks by offering early warning systems and enabling proactive measures to potential threats. The software segment will see significant growth as advancements in technologies such as IoT,RFID and GPS have made it simpler and more cost effective to track containers in real time.

The GPS segment is anticipated to witness the strongest growth rate owing to a rise in the need for compliance with regulations and standards governing the transportation and handling of goods along with the requirement to focus on meeting consumer needs for transparency and visibility in the supply chain .

By mode of transportation the maritime segment will have the highest growth but the air segment is growing strongly driven by e-commerce which is creating higher demand for air cargo services.

Healthcare is anticipating strong growth owing to the rise in the need for tracking and monitoring temperature sensitive products along with the presence of stringent regulations .

The Asia-Pacific region will have the highest market share due to the robust growth in e-commerce operations . Also, the strict implementation of regulations relating to cargo security and transparency has driven the adoption of advanced container tracking in this region.

Ongoing developments and improvements in port infrastructure in countries such as India , Singapore,Malaysia and Vietnam are crucial for efficient container handling which is further paving the adoption of container tracking systems. Latin America is behind the curve because of lack of financing and the febrile nature of their local politics which is extremely volatile and often rife with corruption. However, as more US companies are nearshoring their supply chains in the likes of Mexico and Brazil, the US government seems more prepared to offer finance at affordable rates to enable them to make the relevant investment in their infrastructure so that they are also able to compete on the global stage.

The current market is completely different to the pre-covid situation and I don't expect the recent news to have any significant impact upon the sp as the order is not yet confirmed and according to the RNS there are other caveats incorporated within the Distribution Agreement.

T42 has flattered to deceive for the last 6/7 years as they were constantly on the verge of material orders, none of which subsequently materialised. The purported LatAm contracts have run into problems at a local political level and until those issues are addressed by the relevant government it doesn't appear that further progress will be made in the short term.

This is a relatively illiquid company which lacks the necessary funds to finance contracts of the scale they are hoping to win. It's been loss making for several years and has required placements, CLN's and bank/other loans to finance those losses and support their innovative R&D programme.

They possess a good suite of products with the technological solutions necessary for those wanting to digitalise their business and have also addressed their connectivity issues which should stand them in good stead. However, digitalisation requires a huge capital investment and it's taking longer to achieve for various reasons but usually associated with raising the required finances. Also, the infrastructure in LatAm- which is thought to be their strongest market- has not been of the standard required to enable this transition to proceed seamlessly. The delays in resolving this, which are often political, have hampered t42's efforts.

Last year they negotiated some long term loans with 2 corporate entities which may provide the financial backing to support material contracts. However, there is scope for these loans to be converted into Equity. If they are successful in expanding their order book then it's highly likely these loans will be converted which will significantly dilute existing LTS's and those bought before the conversion take place.

There are promising signs the company is turning the corner but any future good news may be sold into by existing long term shareholders and we'll have the customary antics of the day traders to contend with, as well. Also, before the sp makes any significant headway I think Investors will want to see strong financial results which indicate t42 has finally turned the corner.

This may come but again it's not going to be short term and investors will have to demonstrate patience if they wish to realise the level of substantial gains which successful hi-tech companies are capable of delivering.

In light of this morning’s press comments that new NHS guidelines are advocating that over 2 million individuals are going to be told to boost their statin dose in order to slash cholesterol levels, shouldn’t more of an effort be made to promote the benefits of CholbiomeX3

The transition to digitalisation within the US is now gathering pace so I would be expecting the carriers and shippers to be sounding out those companies with the relevant business solutions to assist them with the transition across to digital platforms. Unsurprisingly there's an army of consultants offering to provide assistance led by McKinsey's and the consultancy arms of the BIG 5 firms of Accountants, many of whose existing clients will be affected. They're bending over backwards to offer help, no doubt focussing on the huge fees they'll manage to extract along the way. You'd assume that OpenBox Ventures Inc would have strong links with the major consultancy firms because that's likely to be the route through which the business introductions will come. Fingers crossed on that one but t42 have also spent a lot of additional time at Conferences and Events marketing their unique suite of products. Hopefully that will also help to provide the desired effect and we can look forward to a healthy pipeline of new orders

U.S. port operators have commenced with efforts to improve the supply chain system by utilizing advancements in infrastructure and technology to accommodate bigger ships and manage more cargo. Projects include construction or expansion of roads, bridges and rail to ease congestion in ports, enhance supply chain efficiency, and reduce carbon emissions.

Information technology is being brought to bear to provide enhanced visibility and monitoring of the supply chain. As part of a $1.2 trillion federal infrastructure bill signed in 2021, U.S. ports are receiving billions in funding for revitalization. Seaports are adapting “with deeper and wider channels, as well as new landside projects, thanks to strong federal infrastructure investments.

Shore power systems, renewables and “cutting-edge technology” are amongst innovations that port authorities are implementing.Some of the port projects predate the federal funding actions, or are funded by other programs, such as the POLB’s Middle Harbour Redevelopment project, a 10-year effort that opened in August 2021.The investment came to nearly $1.5 billion for infrastructure, plus another $700 million in cargo-handling equipment, computer and software systems, and workforce training.

Investments in infrastructure and technology are in full swing for other U.S. ports, such as the Port of Camden, North Carolina Ports Authority, Georgia Ports Authority and Virginia Port Authority with several projects completed, near completion or planned.Last year, the U.S. Department of Transportation announced grants totalling more than $703 million through the Maritime Adminis­tration’s Port Infrastructure Development Program. Carriers, shippers and consignees are now seeking solutions in the supply chain that provide real-­time visibility of cargo movements and speed to market as they commence to invest heavily in infrastructure projects and system integrations. Some ports seeking to expand are constrained because there is limited “industrial [zoned] real estate” nearby. but they are overcoming that limitation by developing inland or dry ports — sites to which containers can be moved out of the port proper, to then be picked up by motor carriers or moved out by rail.

12 days ago MARAD announced over $653 million to fund 41 port improvement projects across the US under the Port Infrastructure Development Program (PIDP). This will strengthen supply chain reliability, create workforce development opportunities, speed up the movement of goods, and improve the safety, reliability and resilience of ports. This investment represents the Biden Administration’s continued focus on improving U.S. ports and strengthening their supply chains to be more resilient to shocks to the system in the future. The program provides planning support, capital funding, and project management assistance to improve capacity and efficiency of ports in both urban and rural areas. The awards announced include more than $172.8 million for 26 small ports to continue to improve and expand their capacity to move freight reliably and efficiently, thereby boosting local and regional economies while protecting surrounding communities from air pollution. By funding port infrastructure development, the Biden-Harris Administration is ensuring that goods move reliably and in greater quantities, strengthening supply chain resiliency across all modes of transportation, and addressing the negative impacts of port operations on public health and the environment that have harmed communities living near ports. All of this links in with the SHIELD Act, referred to above, and is further proof that the US is already advancing the project to introduce full visibility and resilience into it's supply chains. Hopefully, it's only a matter of time before Business begins to invest into the Digitalisation programme as they prepare to cope with the new legislation which will shortly be brought onto the US Statute Book.

This may all seem a bit long winded but behind the scenes many countries are beginning to take action to protect their commercial interests. What it means for t42 is that for those who have the stomach for this they need to lock their shares away for another 12/18 months by which time we should have some clear indication of hoe successful the BOD have been in pursuing their new business strategy.

Best of luck to everyone.

As the COVID-19 pandemic made horribly clear, America’s reliance on China for making basic things like medicine and critical minerals is a huge liability. This bill shines a light on where other such vulnerabilities exist and helps revitalize their industrial base to fix them. They have realised that their overdependence on foreign manufacturing has hampered their ability to quickly respond to supply chain challenges and meet the needs of America and its citizens. They no longer wish to be reliant on foreign adversaries for essential goods: from technology, to critical minerals, to ingredients for lifesaving drugs. These measure will pave the way for policies meant to enhance resilience along supply chains.

They realise that the supply chain crisis may no longer be front page news, but serious supply chain vulnerabilities persist. The Biden administration’s 100-day supply chain review found that manufacturing supply chains instrumental to their national security and economic welfare remain vulnerable to disruption, strain, compromise and elimination. These vulnerabilities are industrywide and affect every American.

Consequently they intend to legislate and introduce new laws and regulations which will require close collaboration between Customs and Port authorities. They are pressing for enhancing interoperability between Customs’ and Port's digital systems which will force Customs administrations and port authorities to take and advance the digitalization agenda. This will necessitate sharing data in a collaborative manner between port community stakeholders to optimize a vessel port call and minimize berth waiting time. By adopting a common agenda with a solid, sustainable governance structure in place to exchange “single truth” data, ports and customs authorities can ensure supply chain security, thus improving trade facilitation in their respective countries.

Businesses will therefore be forced to participate in the digitalisation of their internal processes and systems , failing which they won't be able to function as they will be excluded from the supply chains. The UK, EU, Canada, Australia , New Zealand, South America and some Middle East countries are also seeking to take similar steps as the US have already indicated that these requirements will be formulated within International Trade Agreements and countries won't be able to trade with the US unless they adopt similar protocols.

This is all a bit long winded but in essence it points towards the fact that Businesses will be compelled to digitalise or they'll fall by the wayside. The US aim to have this up and running within 12 months so you'd think that Business is going to be compelled into making this investment very soon . When they do, t42, Traxens, Orbcomm, Nexxiot and all our competitors will be fighting to grab this huge marketing opportunity and that is when we should begin to see some material orders being placed.

The company has made the right products and the technology is cutting edge. The simple problem is the time it's taking the industry to transition from analogue to digital. They're competitive on pricing and have successfully completed many proofs of concept. However, the sad fact remains that there's currently a reluctance by business to make the appropriate investment.

Some may have been deterred by rising interest rates which have increased the cost of borrowing. Our closest competitor, Traxens, a French company are encountering the same problems as they're also struggling to get their customers to integrate their fully functioned products into their container units and they've spent more than we have on a wide marketing campaign but have bigger pockets and are better capitalised.

However, there are some promising signs on the horizon as inflation shows some signs of subsiding and interest rates may soon begin to drift downwards. Current geopolitical tensions have many developed nations seriously concerned about the security of their supply chains and there are clear signs that they intend to do something about this. Just over a fortnight ago the WCO and IAPH participated at the IAPH World Ports Conference 2023. Before an audience of over 600 people made up exclusively of Port CEOs, maritime supply chain stakeholders, senior government officials and international advisors, the Deputy Secretary General provided delegates with an insight into how both Port authorities and their governing bodies can partner with Customs authorities to facilitate smoother trade and cargo flows in their maritime supply chains.

They addressed some of the current challenges for cooperation between Customs and Ports. Against a global context where enforcement requirements are increasing in parallel with the need to accelerate the flow of legal goods, it is important to understand how Customs administrations around the world are managing their relationships with maritime supply chain stakeholders, particularly Port authorities. They highlighted the need for an established governance framework, the use of technology focused on interoperable systems, as well as better and more data management to boost the visibility and resilience of supply chains.

As usual the USA are leading the way on this front and recently and have recently brought forward Legislation designed to strengthen operations along domestic supply chains and this was recently introduced in the U.S. House of Representatives. This is known as the SHIELD Act and are in the process of establishing an Office of Economic and Security Preparedness and Resilience to secure their supply chains. This will set priorities and coordinate efforts among federal agencies and industry to continuously map, monitor and analyze supply chains that are critical to the national security of the United States.

There's a formal requirement to advise investors of any material news which might affect their decision to invest. The core purpose of disclosure, of course, is to provide investors with the information they need to make informed investment and voting decisions. Such information makes it possible for investors to evaluate companies and have the confidence to invest and, as a result, allow our capital markets to flourish.

So I think we all know the answer to your last question. Do us all a favour and familiarise yourself with the rules applicable to AIM companies.