Member Info for Retireby40

Even if it doesn’t win it’s still in the top 3% or so of the long list and great to hear the expectation is for sales to continue to grow which I guess is expected.

"We are honoured to receive such recognition in China for the latest Microtox LX laboratory analyser, adding to our 30 year gold standard legacy of Microtox water contamination testing around the world. Revenues for the laboratory instrument and apparatus industry in China over the five years through 2018, has grown at an annualised rate of 8.7% to $32.7 billion [ii] . Confirmation that the board expect the Microtox range of instruments and consumables to continue to grow in demand on the back of the COVID19 public health crisis under the direction of the Chinese Ministry of Ecology [iii] ."

From the Chairman -

One of the problems with a business model that under exploits the technology is that until the money runs out, nobody changes it. It happened with Integumen and Labskin before new management took control.
It wasn't the technology that was at fault. In fact it is the Gold Standard of water contamination detection, it was how it was commercialised. Once you take the footprint of the more than 2,900 MicrotoxLX units already installed and provide a value added AI service and reagent bacteria production from Integumen, the distribution model changes overnight (almost).
Then add in a global pandemic to create demand, by Government decree from the Chinese Ministry of Ecology for water contamination detection and its a different business.

A reply -

I think that’s the key for short term revenue is upgrading kit to existing customers with AI (which is a no-brainer so far from a hard sell) and the current C-19 is making it even more urgent.
It’s a win/win and now Integumen is producing the reagents so no cost to MWG, just 60% of profit to bottom line. I imagine SKIN will have a better share of the AI given it’s theirs but a cut will go to MWG’s bottom line so again a win/win.
The quote below says it all and if China is putting regulation in I imagine other govs will insist their water providers monitor and what better way to do so than with MWG/AI?
Then add in a global pandemic to create demand, by Government decree from the Chinese Ministry of Ecology for water contamination detection and its a different business.

#ModernWater has had a wholly owned operations, sales and support division in Shanghai, China for many years. #MWG is at the very heart of the #COVID19 public health #watercrisis

They’ve developed to detect Covid 19 so it’s far from a one tricky pony!

Wireless RAWTest

-- Rinocloud's AI engine analysed wireless transmission of water data for 13 key AI features, which work as indicators, from 1000+ data elements identified by Raman Spectroscopy.

-- Results showed a 99.3% accuracy in identifying E.coli in water
-- A system of exception alarms was set up by email to escalate a positive sample to the appropriate control group

-- All data was immediately available on the secure Rinocloud portal for access by approved parties for immediate action

-- Potential for other microscopic parasite detection, e.g. Cryptosporidium and Giardia, following data samples input.

Water Scarcity:

Water scarcity is the lack of freshwater resources to meet water demand. It affects every continent and was listed in 2019 by the World Economic Forum as one of the largest global risks in terms of potential impact over the next decade([i]) .

The deployment of wireless RAWTest Buoys in water treatment plants would be a world first and have a positive impact on water consumer service metrics, reducing the average length of time water would be shut off in the event of contamination, reduced "boil-water" notices and faster time to restore supply, as well as biological quality.

RAWTest Opportunities:

-- With 20 species of Listeria bacterium, every public building including hospitals, hotels, conference halls and senior citizen nursing homes are at risk of contamination

-- Remote detection and analysis of malaria in blood in third world-countries and for military use

-- In-line milking machines could detect mastitis in a single cow, enabling instant action to eliminate contamination with a dairy herd milk collection

-- Early warning system in fermentation processes for ethanol, alcohol and wine producers at risk of bacterial hazard to improve consumer safety, shelf-life stability and longevity

See 20 Nov RNS of Integumen as MWG is using its AI -

Integumen announces successful results of AI water research project

Rinocloud AI remotely detects contaminated water with 99.3% accuracy in 3.37 seconds

Integumen today announces the successful results of a three-year development Remote Automated Water Test research project (RAWTest), using Artificial Intelligence (AI) in a consortium partly funded by the Irish Environmental Protection Agency (EPA).

The Project

The consortium comprised of the Irish Environmental Protection Agency (EPA), Cork Institute of Technology's (CIT) Centre for Advanced Photonics & Process Analysis (Cappa Group), the CIT Nimbus embedded systems research institute and the AI team from Integumen's Rinocloud subsidiary.

Rinocloud's AI platform was used to test water samples from a fully autonomous data buoy deployed on the Inniscarra Water Reservoir in Cork, Ireland, for E.coli, a bacterium that can cause illness in humans, including diarrhoea, abdominal pain, fever and sometimes vomiting.

Results: The positive detection of E.coli bacteria in the water was detected with 99.3% accuracy in 3.37 seconds. This compares to current standard test detection time of between 5-7 days.

Gerard Brandon, CEO of Integumen plc, comments:

"Integumen continues to lead the way with practical demonstrations of solutions for real-world problems. Remote detection of water contamination across the globe is a first and third world problem with future climate change threatening to increase flooding and contribute to water shortages. This means increased reliance on recycling and recovery of water supplies, which in turn requires wireless monitoring of all water supplies before consumer consumption. RAWTest, we believe, can contribute to keeping our water, and healthcare, safe."

https://www.theguardian.com/environment/2019/mar/11/pathogens-hitchhiking-on-plastics-could-carry-cholera-from-india-to-us

https://www.wateronline.com/doc/business-continuity-during-covid-requires-management-of-building-water-systems-now-and-prior-to-reopening-0001

Think about it.... MWG MCap only 7.5mil Covi19 in wastewater
MWG is a Key and a dominant player in a critical industry like waste water, from BBC to CNN to FOX news to many other media outlets have started to report about major problem of covid19 brewing in waste water. Just imagine MWG already has the working solution in microtox about to be upgraded With AI-based real-time virtual indicator microorganism identification system (already fully developed for e.coli, nitrates, phosphates, malaria and mastitis) retrofitted into Modern Water's installed base of Microtox water contamination detection units around the world.
One great piece of technology installed in new and retrofitted into existing global network of Microtox installations to provide that early warning system for Covid19.
MWG reported demand is growing up48% already and it is only going to go through the roof.
When the US and EU have antiquated water and wastewater infrastructure dating back to the 1800's is there any doubt that risks are high that COVID-19 can spread so quickly and in dire need of upgrading or at the very least, monitored? #MWG
MWG is where NCYT was in January then we all know what happened..
NCYT in January MCap 3mil now it is 240million
MWG MCap now 7.5 mil it would not surprise me if MCap jumps to 50 to 100million in next few months.....
INFO on Microtox
Wikipedia research on #Microtox #MWG check it out here to see why it is the gold standard around the world in #watercontamination detection
Microtox bioassay - Wikipedia
https://en.wikipedia.org/wiki/Microtox_bioassay
Media Coverage around the world of Covid19 in waste water...
news of the US CDC, BBC news Fox News and UAE articles items relating to governments realising the importance of SARS-CoV-2 or any future pandemic infections presented in wastewater to be identified quickly being critical to enable action. Risk of COVID-19 transmission from wastewater higher than believed
BBC Coronavirus: Sewage study could predict second Covid-19 peak
https://www.bbc.co.uk/news/uk-wales-52544247

https://www.foxnews.com/science/risk-of-covid-19-transmission-from-waste-water-higher-than-believed-study-claims

https://www.thenational.ae/uae/health/coronavirus-uae-scientists-examine-wastewater-for-clues-on-covid-19-spread-1.1014265

https://timesofindia.indiatimes.com/city/ahmedabad/sewage-water-tests-can-signal-covid/articleshow/75227358.cms
Climate change threatens drinking water quality across the Great Lakes
https://paper.li/f-1535563655?edition_id=e34c5330-9151-11ea-bd2a-0cc47a0d164b#/

https://www.news-medical.net/news/20200506/SARS-CoV-2-in-wastewater-and-rivers.aspx

https://www.nytimes.com/2020/05/01/science/coronavirus-sewage-monitoring-lockdown.html

https://www.euroweeklynews.com/2020/04/21/spains-costa-del-sol-and-costa-blanca-ex-pats-distressed-as-coronavirus-found-in-the-river-seine-paris/

https://politi.co/2yhJF4P

I love the fact they’ve done more demos in April than the whole of 2019 so hopefully conversion is decent and then we should hear about more new clients in the not too distant. The show reel is great and quickly illustrates what they can do.

Meanwhile, conversations also continue with leading global food and beverages, luxury, household and automotive brands, who are all expected to gain momentum again as domestic demand begins to return.

Stephan Beringer, CEO of Mirriad, said: "Tencent has been highly engaged and active in bringing Mirriad's unique technology to the market, with demand for demonstrations in April alone already above levels seen throughout 2019.

Didn’t someone say they’d written to their local MP or even Han****? Not a bad idea. I was tempted to tweet them but thought better of it. Nothing wrong with a polite email though.

From cottoner on advfn-

Another article : ASU scientists searching sewers for traces of COVID-19 May 7th The City of Tempe, AZ partnered with a university research team to test levels of SARS-CoV-2 in wastewater and identify hotspots of the virus. Through a research partnership with the City of Tempe, AZ, Professor Rolf Halden and his team of researchers are using years-old technology to better understand the new coronavirus. Through wastewater testing, the team can identify regional levels of SARS-CoV-2 — the virus that causes COVID-19 — and identify viral hotspots in the city. That data can then be used to implement effective policies and measures to improve public health. continues... "Through wastewater testing, the team can identify regional levels of SARS-CoV-2 — the virus that causes COVID-19 — and identify viral hotspots in the city. That data can then be used to implement effective policies and measures to improve public health." ... "We always learn after the fact," Halden told Smart Cities Dive when describing the need for more preventative testing. "The sooner we learn about the presence of the virus in the city, the better off we are."

hTTps://www.smartcitiesdive.com/news/asu-scientists-searching-sewers-for-traces-of-covid-19/577518/

The immediate and large opportunity has to be for govs worldwide recognise the effective way to identity when subsequent waves are coming. Many articles have recently been published on the virus living in faeces so waste water should and is being monitored in some countries but will surely be standard practice soon.

From the Chairman -
the Ministry of Ecology in China mandated the monitoring of water and wastewater (link in the RNS) in February this year. #Microtox is built into legislative EPA regulatory requirements in 6 countries and has been for years

I think the potential here is massive especially now given there are fewer films and series’ in production so you’d think demand will be on the up and talks streaming cos and others will accelerate.

They should have had over £19m in cash on Jan 1st and are burning a little less than £1m/month so in theory should have 20 months of cash left but given revenues are increasing the risk of another raise is years away. The last one was at 15p and a lot of progress has been made since so the current share price looks a bargain.

I’m looking forward to the presentation and will be adding on any dips.

Me understanding is they are employed in water/waste water. So I imagine they could be applied to water cos so large areas (Thames water, Wales etc) but also I assume on a smaller scale so resorts, hotels, cruise ships and the like.
I assume water providers the world over will want to have real-time detection and not just for C-19 although that’s clearly on everyone’s radar but other contaminants. Once one water co introduces it I’d think most will and it’d be standard practice and maybe even written into regs and the recurring revs would be great (both for reagents and the amazing AI).

Me understanding is they are employed in water/waste water. So I imagine they could be applied to water cos so large areas (Thames water, Wales etc) but also I assume on a smaller scale so resorts, hotels, cruise ships and the like.
I assume water providers the world over will want to have real-time detection and not just for C-19 although that’s clearly on everyone’s radar but other contaminants. Once one water co introduces it I’d think most will and it’d be standard practice and maybe even written into regs and the recurring revs would be great!

Some buys showing as sells!

Although some buys selling as shares -

Am astounded some are selling but I guess some have been underwater for a while and some will be selling from the raise at a very tidy profit. I expect them to be nearly out of their shares as this has happened since we’ve been at 0.6p. I imagine once they clear and fewer shares available it will move very quickly indeed. I expect sales will continue to rise (up 48% in Q1) this Q and the remainder of the year and once positive updates are released it will move very quickly and those trading will struggle to get back in.
The tech is the gold standard and the only way is up from here after many years languishing the co will not generate shareholder value. This goes beyond the immediate C-19 opportunity.

https://www.news-medical.net/news/20200506/SARS-CoV-2-in-wastewater-and-rivers.aspx

From hazl on lse-

https://www.news-medical.net/news/20200506/SARS-CoV-2-in-wastewater-and-rivers.aspx

She’s a muppet but so is anyone not realising that was photoshopped