Member Info for StuoftheToon

The recent Hardman report on TRX submitted the following with regards OrthopureXT. I know the finance issue will take precedence but I wonder if world events have delayed this accreditation. Still, it is something else to look forward to.

"CE marking of OrthoPure XT
All the audits by the external examiners appointed by the notified body have been completed. Feedback from these audits to the notified body can take up to eight weeks. The main issue, as seen with many companies, is that the notified bodies
have a log-jam following the introduction of the new Medical Device Directive. We believe TRX is close to approval, which is expected during 1H’20".
Stay safe everyone.

I still think we are under the radar a bit but the share price is sneaking up nicely.

Another very positive RNS today and I had hoped that would have been reflected in the share price. Still blue but had hoped for more.

Former C&A Chief Innovation Officer to Advise Xeros Technology Group

on Commercialisation of its Apparel Technologies



Xeros Technology Group plc (AIM: XSG, "Xeros", "the Group"), the developer and provider of water saving and filtration technologies with multiple commercial and domestic applications is pleased to announce that Donald Brenninkmeijer has been appointed as a consultant to the Company.



Donald is the former Chief Innovation Officer and Chief Brand, Customer and Sustainability Officer at the international fashion brand C&A. He will work with the Group to bring his expertise in support of the commercialisation of the Company's sustainable apparel products.



In his new role advising Xeros, Donald will apply his passion and extensive knowledge in fashion and sustainability to help the Group embed its products in the supply chains of major apparel brands and manufacturers. At C&A in Europe, Donald was instrumental in the development and launch of the international retail industry's first ever Cradle to Cradle1 Certified Gold garment in collaboration with Fashion for Good, paving the way for a more sustainable future in fashion.



Xeros Technology Group's unique products significantly reduce the environmental impact of apparel manufacturing and cleaning processes. The Group is applying its products in denim finishing, garment dyeing and garment washing, reducing consumption of water and chemistry and helping reduce emissions.



In addition, Xeros is developing filtration products for use with laundry and garment finishing equipment, which can significantly reduce the volume of microfibres released into the world's rivers and oceans.



Mark Nichols, CEO of Xeros commented: "Improving the sustainability of the clothes we wear is no longer an option, it is an imperative. We must adopt new technologies and do things differently as consumers if we are to preserve our environment for future generations. The clothing industry is critically aware of the need for change with a number of brands and retailers implementing major programmes to reduce consumption and waste across the whole value chain. Donald's expertise and track record in improving the sustainability of apparel supply chains, market understanding and insight across the sector, will be immensely valuable in helping us increase the deployment of our products.



Commenting on his role advising Xeros, Donald Brenninkmeijer said: "Everyone working in the clothing and fashion industry is critically aware of the need to produce more sustainable products. They are looking for solutions that can deliver significant reductions in resource consumption and emissions of harmful substances. I'm looking forward to working with the team at Xeros to help embed their ground-breaking technology across the apparel sector, so they can make a meaningful difference."

We are perfectly positioned to capitalise on legislation regarding the reduction of microfibres produced during a washing cycle. France has already made such a commitment and others will inevitably follow. There is enough to worry about in the world at the moment but the pictures of plankton eating plastic microfibres was quite harrowing. We are contaminating the lowest levels of the food chain. Stay safe people!!

I was alerted by the outsourcing of their Hydofinity and a concentration on a licensing model. There is a huge cash burn in research and development and manufacturing, often with limited revenues. For me the company has put many of the hard yards in in terms of R+D, reduced their overheads, and can license technology than is much in demand, in a huge market sector. They are now in a position to fulfill some of that potential. I came late to the party (November 2019) but I think this can be massive. Please DYOR and good luck.

It's just starting here - this share has a long way to go. Please do your own research but you will see the potential and how massive the news was this week.

Sunder Belani, Managing Director Ramsons commented:
"Protecting the earth's natural resources and our precious environment is the mantra of sustainability.
"Across India and South Asia garment manufacturers are actively looking for new and innovative technologies to help us protect our environment, which is under extreme pressure from the effects of a changing climate.
"By embedding Xeros' products in our equipment our clients will save water, energy and reduce harmful emissions. It represents the best option for sustainability."

I still think we are still under the radar. The news this week was massive.

This is a little gem. The last two RNS's have been excellent. I feel that this news is just filtering in to the market.

Mr. Glenn previously was Chief Financial Officer for Akubio Ltd. and Global Head-Finance at Celltech Group Plc.

Oh what the hell, just realised I have posted the same news twice. Well it is good and deserves posting twice, and I am stuck at home and bored!!!

(Alliance News) - Xeros Technology Group PLC, a provider of water saving and filtration technologies, on Thursday said that it has inked a licensing agreement with Ramsons Garment Finishing Equipments Pvt Ltd, a garment finishing equipment supplier in South Asia.
The agreement provides Ramsons with an exclusive license for the manufacture and sale of Xeros-enabled garment finishing and dyeing equipment in South Asia.
Under the agreement, Xeros will receive a royalty for each XDrum machine sold by Ramsons and a share of the multi-year annuity revenue, paid by the garment manufacturers, for the ongoing use of XOrbs.
Mark Nichols, chief executive of Xeros, said: "This agreement is our first in apparel production and it validates our efforts to prove that our innovative technologies can have a significant impact in the sector."

Xeros Technology Group plc (AIM: XSG, 'Xeros', 'the Group'), the developer and provider of water saving and filtration technologies with multiple commercial and domestic applications, has signed a licensing agreement ('agreement') with Ramsons Garment Finishing Equipments PVT Ltd ('Ramsons'), one of the largest garment finishing equipment suppliers in South Asia.
The agreement provides Ramsons with an exclusive license for the manufacture and sale of Xeros-enabled garment finishing and dyeing equipment in South Asia. Under the terms of the agreement, Xeros will receive a royalty for each XDrum™ machine sold by Ramsons and a share of the multi-year annuity revenues, paid by the garment manufacturers, for the ongoing use of XOrbs™. The agreement allows for additional geographies to be added into the future.

Two very good RNS's on the bounce and a boost for the long term holder.

I am so tempted to buy at this price also Sandhopper but I can't call the bottom on this one, and in the current climate, cash is king. Having said that..........!!!!???

I contacted Caitlin on 30/01/20 and received a reply on 04/02/20 regarding the cyber attack. Her reply re-stated the RNS of that time. From this I assume they will reply but the volume and complexity of enquiries may dictate how long you have to wait for a reply, and indeed what information can be released.

(Sharecast News) - Water saving and filtration technology company Xeros Technology Group has signed a joint development agreement with an unnamed "global leader" in commercial laundry, it announced on Tuesday, with the aim of incorporating its microplastic filtration system 'XFiltra' into commercial washing machines.
The AIM-traded firm said washing textiles containing synthetic fibres, such as nylon or polyester, was a major source of microplastic pollution, claiming that globally, it accounted for 35% of primary microplastics released into oceans each year.

It added that as many as 700,000 microplastic fibres could be released in the wastewater from a single load of domestic laundry.

Xeros said its patented filtration system, XFiltra, removed up to 99% of those microplastic fibres from laundry effluent.

The device lasted for the lifetime of the washing machine, and did not use disposable filter cartridges.

It said its joint development partner aimed to be the first company in the world to provide commercial laundries with washing machines fitted with microplastic filtration.

On successful completion of the joint development, the agreement provided for the negotiation of a commercial agreement to license Xeros' filtration technology in a number of geographies in exchange for royalties.

"This invisible form of plastic pollution is highly damaging to our environment and wildlife, and is one of the ways in which microplastics are readily entering our food chain," said chief executive officer Mark Nichols.

"Having developed our filtration solution over the last three years, we are delighted to be working with one of the world's most respected and environmentally aware commercial laundry solution providers."

Nichols said the company believed XFiltra to be "the most effective" product available, enabling companies and consumers to substantially reduce microplastic pollution from laundry.

"Legislation currently being passed in various geographies will hasten and increasingly mandate adoption of in machine filtration in order to remove microplastics from washing machine effluent streams."

I agree Jimzi. Shame this very positive RNS is released during this mayhem in the markets. Very good news for long term holders.

Ordinarily this would be very good news and the market would react accordingly. In these times, who knows how the market will react. For me - excellent news that could have been fleshed out a bit more with detail.