Member Info for PensionDeficit

I'm assuming the income from staking and parachain rewards.

In Feb 2024 income was: £1,628,777

Interm accounts to the end of June show cash at £2.11m

PD

RNS not showing:

KR1 plc (KR1:ASE), a leading digital asset investment company, announces that the Company is today issuing a circular (the "Circular") to Shareholders convening a General Meeting of the Company for 10.00 a.m. on 29 April 2024.

At the General Meeting, a resolution will be proposed seeking shareholder approval for KR1 to make market purchases of up to 14.99 per cent. of the Ordinary Shares currently in issue.

The Directors believe that, in common with many other listed companies, the Company should obtain from Shareholders a general authority to make market purchases of its Ordinary Shares on the stock exchange. Accordingly, the Board is seeking Shareholder approval at the Extraordinary General Meeting to make market purchases of up to 14.99 per cent. of the Ordinary Shares currently in issue.

If the Resolution is passed at the EGM, the Buy-Back Authority will give the Company authority to buy back its Ordinary Shares in the market as permitted by the Act and the Articles. Any Ordinary Shares bought back may be cancelled or held in treasury.

The Buy-Back Authority will expire at the conclusion of the annual general meeting of the Company to be held in 2025 (the "2025 AGM") or the date falling 18 months after the passing of the Resolution, whichever is the earlier. However, the Directors currently intend to ask Shareholders to renew this authority at the 2025 AGM and each subsequent annual general meeting thereafter.

The Resolution specifies the maximum number of shares which may be acquired (up to 14.99 per cent. of the Company’s issued ordinary share capital as at the date of the Extraordinary General Meeting) and the maximum prices at which they may be bought.

The Buy-Back Authority will be exercised only if the Directors believe that to do so would be in the best interests of Shareholders generally.

https://investors.kr1.io/investors/announcements/

PD

Today's FT Money supplement article headlined 'UK Stocks: Bargains or to be avoided at all costs

'There are plenty of opportunities outside of the US. London is stuffed full of quality companies offering a real mix to investors, from solidly perfroming household names such as AstraZeneeca, well run businesses such as Relx, smaller innovators such as hVivo and downtrodden sectors such as consumer discretionary, where stocks like Games Workshop are now on reasonable valuations'.

Demonstrates how times have changed and how Mo has changed the perception of the company.

PD

For people who are unable to access the article because it's behind a paywall there one other key nugget of information:

According to the Time's Meatly's chief executive Owen Ensor has a key advantage

'another key advantage over companies trying to magic up steaks or pork chops — he does not need to worry about texture, which bothers humans much more than animals. “Pets care what food smells like and they care what it tastes like, and if it has the right nutrients,” he said. “But they don’t particularly care what it looks like or if it has the right kind of texture.”

David Wainwright, commercial director at Pets at Home, which will be the first retailer to sell Meatly’s cat food, said: “We are committed to helping drive change in the industry and finding sustainable alternatives to replace some of the protein used globally in pet food would be a major step forward.”

PD

Sunday Times has published a review of Meatly's upcoming luanch - the pet food will be initially launched for Cats at around £1 per tin.

The company is awaiting regulatory sign-off from the Department for Environment, Food and Rural Affairs, which it is expecting within three months.

PD

Oogle,

I posted the following on the 6 Feb following an email from Meatly - I'm assuming it was sent to people who regestered an interest in the product via their webiste. I assume it is from the company.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Received general email from Meatly

Summary:

Invitation to participate in Series A fund raise

conducted nutritional tests on product - contains all amino acides and has similar nutritional profile to checken

Boosted yield of product produced

Improvement in cost reduction of product

In the process of conducting kitchen and feeding trials before the official launch in the coming months

regards

Https://www.finextra.com/pressarticle/99595/moneygram-adds-four-senior-hires-to-leadership-team

PD

Recived general email from Meatly

Summary:

Invitation to participate in Series A fund raise

conducted nutritional tests on product - contains all amino acides and has similar nutritional profile to checken

Boosted yield of product produced

Improvement in cost reduction of product

In the process of conducting kitchen and feeding trials before the official launch in the coming months

regards

PD

Good review of partnership between Fortnum & Masons and Ivy Farms to produce cultured meat surround for Scotch egg. The article also suggests that the Government has advised that it expects the FSA to approve cultured meat this year.

https://www.theguardian.com/food/2024/feb/03/a-very-cultured-snack-trying-fortnum-and-masons-scotch-egg-with-lab-grown-meat

PD

Solar Foods: Fazer introduces a unique chocolate snack bar, Fazer Taste the Future, powered by Solein®, in Singapore. Solein® is created out of thin air and Singapore is the first in the world with a novel food approval for the ingredient. The snack bar is available as a limited edition at selected shops in Singapore from 18 January 2024.

https://www.fazergroup.com/media/news-page/?id=4728275

Hi all,

if at some point if hVIVO is sold to another CRO a decision will need to be made concerning the Imutex asset.

I can't see it being included in the disposal, which means it will need to be either extracted and floated. Alternatively, we could sell our 49% stake in the business.

I believe movement on this asset will come before any possible sale to hVivo?

Does anybody have any thoughts?

regards

PD

https://imutex.com/

Mail on Sunday's Midas column has included ANIC as one of its share tips for 2024 - schroll to end of article.

https://www.thisismoney.co.uk/money/investing/article-12912237/amp/MIDAS-SPECIAL-Joanne-Harts-tips-shares-showing-mettle-2024.html

PD

Https://www.gamblinginsider.com/news/23612/gaming-realms-launches-slingo-bingoton-with-paddy-power

Https://www.theguardian.com/business/2023/oct/02/half-of-uk-firms-open-offices-outside-city-centres-study-claims

well worth a read

PD

Https://www.theguardian.com/film/2023/dec/10/a-vegan-morality-tale-chicken-run-sequel-puts-factory-farming-in-spotlight

Article in today's Daily Telegraph behind a paywall.

https://www.telegraph.co.uk/money/consumer-affairs/british-dogs-to-be-fed-100pc-lab-grown-meat-meatly/

Pruduct on the shelves in 2024 and Meatly plans expansion into the US and Canada over the next two years.

PETA is supportive in the article, while host of the podcast 'A Dog's Life' says it is unclear if the lab-grown meat has the same nutritional value as meat from animals.

PD

Well worth a read

https://www.theguardian.com/society/2023/nov/30/record-revenues-at-uk-gambling-firms-amid-rise-of-online-slot-machines

Gaming Realm's global client base is a key USP

Thank you for the reply Littlened.

However, I was hoping to find out what % EWI owns of SpaceX?

I'm assuming its well under 1% but it would be really useful to know.

PD

I like Anthony Chow's analogy linking investment in ANIC's portfolio companies with the investment in rewables as part of the energy transition.

Overall, looks like the media promotion is being ramped up to help close the NAV gap plus drive a few Xmas share tips for 2024.

PD

According to:

https://www.ukpetfood.org/information-centre/statistics.html

The UK pet food market is worth £3.8bn - Dogs £1.84bn and Cats £1.42bn

The UK pet food market is worth £3.8bn - Dogs £1.84bn and Cats £1.43bn.

Take a 5% market share and Meatly will generates sales of around £190m - I see with the rebranding to Meatly food will be produced for both cats and dogs, not just dogs.

I believe there will be significant media coverage on launch - the British love of pets + futuristic meat production is gold dust.

Putting on my rose tinted spectacles I'm looking forward to the day when the combied worth of Meatly and Liberation Labs is equal to or in excess of ANIC's current market cap - the rest will be in for a free carry.

Come on Jim you can do it.

PD