Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"Wasn't overly profitable" PMSL
Understatement of the Millenium!
are all Spreadex trades - nothing to do with the performance of TSI per se.
Just them using it as a vehicle to cover their spread betting operations - criminal IMO but there you go, someone in the city is no doubt making a fortune!! Bar Stewards
Really not giving this a fair chance.
ALL buys this morning apart from a couple at 0.0715p - seems massively orchestrated to me.......
Interesting (perhas?) that F-L are Hq'd in Plano, Texas - as are Belluscura (which I appreciate isn't Salarius) but until not long ago, Clive Gross was CEO of all companies - wonder how well connected he is?
Another good fit for Salarius would be UNFI: https://www.unfi.com/our-history
TEK Capital have a consultancy arm which has a searchable database for existing University IP (that TEK may not be invested in).
As far as I know, the likes of Ford and Pepsi have paid TEK to find Uni based developments to try and solve problems. TEK aren't involved other than maintaining the database and taking a fee for providing access.
A great 'add on' which is already providing revenue
CRIPS!!!
As I said earlier - I'm pretty sure the analysis came from Simply Wall Street - but I'm unable to confirm.
If they are an investment trust, they may simply hold shares for individuals who could all be under 3% and would not need to TR1.
As has been suggested - I did have a brief moment of excitement (Understatement of the Millenium!) until someone pointed out my reading error - whoever said 'you read what you want to see' was spot on.
Still think the irony is pretty funny though!
Never mind
not subscribed so I can't see it and little point in providing the link but I take your point
think info comes from Simply Wall Street.
Investment fund - so individuals' shares held collectively.
As you were
B0LL*X
I need to learn to read!!!!
Walker Crips
Not Crisps
As you were!
Sorry
Biggest single shareholder in TEK Capital is WB Nominees @ 59%
27% in Directors hands and 2% in private companies - leaving only about 11% in PIs hands.
TEK Capital Own 91.7% of Salarius - Salt-me and Microsalt
PARENT COMPANY OF WB Nominees:
Walkers Crisps
All info in the public domain but join the dots here
No wonder this share moves in a hurry...........
Or should that be GOLDEN WONDER??????
that's an easy one to work out - unhealthy snack market in US alone is huge, Mexican Govt signed up to a new labelling ruling to highlight high sodium foods. Other Govt will follow suit - the pressure to produce food that tastes the same as existing product with 50% reduced sodium is a complete no-brianer.
Has much wider implications than just the snack market - fast food manufacturers - search back for my imagining of McDonalds using it just for their fries . The market is seemingly an easy win. Now it is out there, with their own snack products on the market in North America from May 2020 and also the independent Microsalt product that can be applied to existing product in the place of traditional salt, growth should be interesting to observe - I don't think exponential growth would be impossible - once one manufacturer adopts the technology, no one will want to be left behind.
The major bonus of all this is that TEK own 91.7% of Salarius - Belluscura, however 'now' it is - with enormous potential, has a 19% value to TEK - still considerable but IMO not as dramatic as the impact from the Sodium/health market.
Upside of the X-plor O2 Concentrator is that it is bringing TEK to the attention of many people who may have passed this by.
https://www.lucyd.co/blogs/news/lucyd-files-new-patent-announces-vyrb-social-media-app
Harrison Gross announcement, 7th April, on the LucyD website.
Sorry, LSE very glitchy (again!)
This agreement represents an important milestone for Salarius’ new potato chip snack line, enabling unprecedented reach for SaltMe!® products into consumer outlets of every size throughout North America.
The agreement will launch SaltMe!® sales in Mid-Atlantic, New York Metro area, and Northeast regions of the United States. Purchase orders to multiple distribution centers and retail placements are expected in Q2 2020 for all four SaltMe!® flavors being launched by the company.
“We are very excited about our collaboration with a leading food distributor which we believe will enable us to build and maintain market traction for our new full flavor, low sodium SaltMe!® snacks.” says Victor Hugo Manzanilla, CEO of Salarius.
SaltMe!® all-natural potato chips are made with MicroSalt®, Salarius’ proprietary micron-size salt particles that dissolve in the mouth significantly faster than table salt, delivering an increased sensation of saltiness with a much lower volume of salt, and as a result approximately 50% less sodium. SaltMe!® chips are Non-GMO, all-natural, kosher and gluten free, without sacrificing a full salt flavor profile or salty taste.
This agreement represents an important milestone for Salarius’ new potato chip snack line, enabling unprecedented reach for SaltMe!® products into consumer outlets of every size throughout North America.
The agreement will launch SaltMe!® sales in Mid-Atlantic, New York Metro area, and Northeast regions of the United States. Purchase orders to multiple distribution centers and retail placements are expected in Q2 2020 for all four SaltMe!® flavors being launched by the company.
“We are very excited about our collaboration with a leading food distributor which we believe will enable us to build and maintain market traction for our new full flavor, low sodium SaltMe!® snacks.” says Victor Hugo Manzanilla, CEO of Salarius.
SaltMe!® all-natural potato chips are made with MicroSalt®, Salarius’ proprietary micron-size salt particles that dissolve in the mouth significantly faster than table salt, delivering an increased sensation of saltiness with a much lower volume of salt, and as a result approximately 50% less sodium. SaltMe!® chips are Non-GMO, all-natural, kosher and gluten free, without sacrificing a full salt flavor profile or salty taste.
Let's not forget: - Purchase orders for all four flavours from May 2020.
That's revenue and profit........
91.7% owned by TEK
Just saying......
https://www.potatobusiness.com/product/salarius-inks-us-distribution-deal-for-saltme-snacks/
FDA Approvals are generally published monthly (retrospectively).
https://www.fda.gov/medical-devices/510k-clearances/510k-devices-cleared-2020
Approvals are however made at any time (and one assumes that Belluscura would be the first to know). So news is not dependent on the monthly FDA Bulletin.
I believe I have also seen FDA publish approvals on an ad-hoc basis (I think largely due to the current crisis) but I can't remember where it was right at this moment in time. I think it related to a Drug
This is because of the unprecedented need for Oxygen - Ventilators are used in the worst cases but the majority of machines being used rely on a separate O2 supply.
https://fortune.com/2020/04/02/coronavirus-treatment-hospitals-oxygen-supply-shortage-covid-19-patients/
Belluscura approval and market delivery is ESSENTIAL ASAP
Even a TEK placing to increase % in Belluscura would be a massive bonus as far as I'm concerned.
Incoming FDA approval is an absolute game changer