Member Info for stuGGTTH

According to the 'Return of Capital' RNS - the Record time for entitlement to B Shares is 6.00pm on 4th Oct 2021
The B Shares are then bought back by BBB on the 5th at 8.00am, and monies sent on the 20th..,
By my understanding of the RNS, holders on 30th Sept who sell before close of business on 4th Oct invalidate their claim to the dividend - or am I wrong??
Would appreciate clarification, if someone would kindly post it
If i'm correct, then what happens to the sums of money missed out on by those sellers, does BBB retain it?
Stu

Afternoon Tivman
As far as I'm aware Flagstaff are a similar outfit to LSE that we are currently posting on, the IR standing for 'Investor Relations' - Flagstaff TV have a piece by Lord Willets (TEK Director) on TEKs website at the moment
But I may well stand corrected as to their role
Stu

SP has risen by about 200% since April, not too surprising if some TEK holders since then were to top slice a bit of profit - not concerned that the SP seems to have consolidated, personally think we'll hear of more distribution deals from Lucyd following the Las Vegas Expo, in the short term. Longer term, everything seems to be coming to fruition, sellers might regret impatience.
Still think a separate company for the regenerative shock absorbers would be good for TEKs portfolio
Stu

P.S. What happened to my paragraphs on latest post lol

Really reluctant to give SP prediction, but trying not to state the obvious, it so depends on the development/news of the portfolio companies - but surely SP plus special divi's must exceed 100p within 2/3 years??I read an article about 3 months ago about a NASDAQ IPO of a company not dissimilar to Guident, which was either $600m or $800m, female CEO, cannot find article again for the life of me - maybe someone else caught it, or has info? Can you imagine something like that for Guident! And Guident has the best known latency, right??Truly think that many potential investors don't realise TEK has only 130m shares, so many companies on AIM are in the billions of shares, making them seem like a better prospective buy to people who have not looked too deeplyStu

Morning Johnjojim
I foresee Microsalt by Salarius more along the lines comparatively akin to sugar replacements, thinking of the many brands that can be found in supermarkets. Lots of people looking for the health benefits, compared to sugar, so why not similar with salt??
Also if processed food manufacturers (who exist in huge numbers) need use less Microsalt for the same saltiness in their products, would that not save them money on production costs, therefore making Microsalt popular?? Depends on Microsalt cost of production too, I suppose, but still gleans health benefits
Stu

Also 100k and 50k buys later - Mr K still gathering? If so, would another TR-1 be issued, or having crossed the 3% threshold, is there no further regulatory need to do so?

New Lucyd styles looking good, see website, available for pre order now

Stu

Had a quick glance at Rayban website and they do currently offer prescription sunglasses, but no info as to whether the tech eyewear will come with a prescription option...
I personally don't fear for Lucyd when compared to the competition, the products look great compared to some, and will have a number of new styles on offer imminently, allied with better prices comparatively - half the price of the Raybans is a significant price difference to consider for consumers. Regarding the video capture possibilities, not sure how many would want such a thing, sometimes less is more, and personally don't feel the need for such a possibility, especially from eyewear.
Lucyd BOD seem more like serious optical professionals, with all the contacts their experience has assembled, rather than a bunch who have been assembled to promote a gimmick, so I personally think they could be disruptive to the market they are addressing, in due course

Also Salarius, Belluscura and Guident

Glass half full

Stu

I feel the impressive BOD assembled at Lucyd will make them more than a lightweight also ran, in the tech eyewear market, time will tell
All imho of course

I would imagine Rayban would be more pricey than the more economical Lucyd glasses at $149 currently, appealing to a different demographic? May be enough market share to go round for Lucyd

Agreed DShox, so many reasons to hold on to these, highly optimistic about TEK

Thanks again Cheezer
I looked into their relationship but could find nothing definitive, obviously a bit of to and fro
Holding until H1 announced, at the very least, with hopes of new contracts meanwhile

Have a good weekend

Stu

Thanks for that - on a 'mind blown' (sort of) basis
Seems like they're trying to get the artists on board, by providing a fairer deal. Could lead to exclusivity for new work??
This sort of thing will make absolute sense to consumers younger than I, may become hugely successful
So what's the business relationship between 7DIG and eMusic, 7DIG seems more B2B, whereas eMusic more to individuals....Tamir heading up, but separate entities, with an obviously close relationship? Or one subsidiary of the other?

Stu

Wasn't aware of the crypto, but along with the live music, merchandising and NFT's does demonstrate 7DIG are looking at many avenues for revenue
They must have extensive contacts network in place, I would imagine. No bad thing

Morning Cheezer

As stated yesterday I'm a new, modest amount, investor in 7DIG - here's my thinking behind buying

Think the shares were oversold due to lack of confidence in the financials, but I think they may do OK on the contract wins you highlighted, to the point of slight profit

Shares have been traded, rather than being viewed as an investment by some and offloaded when sharp rises didn't materialise

Market Cap currently under £22m, could a similar company be set up with such a figure? I'm thinking not

Bottom found, think the SP will only rise

Growing market for the company's services

I may well be proved wrong, but doubt it

Stu

I think so, bought at 0.74 but not hugely, money committed elsewhere

Relatively optimistic about September results

Stu

Thanks djmoggy

i'm absolutely no expert either, but they could crank up the IPO price a bit, or issue a larger number of shares and use the surplus to enhance the business??

Morning mogli

The £75m raised in this hypothetical IPO would go into the pockets/bank accounts of those selling 75% of the business

Stu

Evening mogli

Enjoyed reading your post, but not sure there would necessarily be a difference in a company's value pre/post floatation - it would really just depend on the IPO price??

If I may borrow your example, a company with a £100m NAV valuation decides to float, 100m shares in total, but the company retains 25% = 25m shares, sells the remaining 75m shares to the market at IPO of £1 each, then the total the shares would be worth is £100m

The coy would go from a NAV of £100m to a Market Cap of £100m - more likely than an IPO price of £4 because in essence the company would be asking the market to pay £400m for something valued at £100m, which may not be well received...

To echo you, I could be totally wrong here

If only it were that simple for a potential float of Lucyd, TEK own 100% of Lucyd, Lucyd own 80% of Innovative Eyewear and Innovative Eyewear have crowdfunded twice (to my knowledge) so Innovative Eyewear have their own stakeholders, that being said you have to applaud the job TEK have done, the monies they have invested are set to be returned in multiples, by the look of things

GLA

Stu