Time and temperature measurement technology group Timestrip has appointed Vygon as the main distributor for TimestripIV products in the UK and Ireland. Vygon is a leading supplier of single-use medical and surgical products, including intravenous access devices, to the NHS.
http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=2874261
At last we are moving forward.
Assuming you are right and total sales in the UK are worth £800K. What price would you put on a licencing agreement / manufacturing rights in the UK and around the world? An extract of the group's stratergy from Timestrip website reads:
" The group's strategy is driven by its revenue model which seeks to license the rights to manufacture and distribute Timestrip and iStrip in local markets to customers, joint venture partners and distributors."
http://www.timestrip.com/irelations.php?ref=main
Found TIME to do some more digging. The percentage of shares not in public hands is 32%. Major share holders may be found at:
http://www.timestrip.com/irelations.php
496.812M shares in issue on 19 May 09.
Watch and wait.
Agree with you Larney. Someone has been building up a large stake for the past few days. Watch and wait! Products are good and orders will soon flood in from the Cosmetics Industry and the NHS.
Sorry, forget to mention Annual report due out in Apr 09. Not sure if Chelsea owner Abramovich still has a 40% interest through his Russian company. Anyone Know?