Member Info for TheSeawolf

Castle. Serious question from someone who does work in the field of HVAC but defo not an expert. If we do manage to get a product line up and running with Volz will this not be dependant on the reliability of the media to retain its anti viral properties between the standard PPM visit regime? If so, I like you can really see this taking off, as it would be a no brainer in office/health/educational settings etc. Why would you buy a non-anti viral panel filter when you could buy an anti-viral one, and that brings me to the 2nd point.. Cost! If the treated filters are more or less the same price as non-treated, plus they keep their full anti viral properties for the normal life of the filter then im excited.

Im with you on this Iceman. A warning that there may be further extension is fair. I can't see what all the hysteria is about? People after a quick buck should go down to William Hill.

Tremendous news

I'll drink to that.

Only recently invested, but everything im reading now seems to confirm this. Perhaps should have done a bit more research myself. Still hopefull of some mid term profit due to new wells. Perhaps not a long term hold for the reasons you state. Hope im wrong...

Who knows where the bottom actually is with MGC. Probably (. 5) or something similar if we continue on the trajectory we've been on for the last 12 months.

Very much bottom drawer for me, but never take advice from these boards.

Indeed. They might need some more cash prior to commercialisation, but now they have a clear and accountable strategy. Prior to this they almost looked like nothing but a cash shell, window shopping with what cash they had left in the bank to see if they could make money from an SA. Situation now for me is much clearer, although id like to have clarified the matter of the SA. Is it still a potential? Im guessing its not off the table but clarity would be good. Plus VOLZ are testing nano on their media. That alone has the potential to be huge. GLA.

So im prepared to say im doing a full 180 on this one. To admit that manufacturing masks is now not financially viable makes sense, also with the lack of demand it also feels sensible to write off stock. The new businesses strategy should in my opinion find the quickest way to accelerate development and "commercialisation"! "the imortant bit".
Pleased to see they are applying for the relevant patents in the 7 areas. This will protect IP and cost im guessing no more than around 50K, although Im not an expert on costs have a rough idea.
Also either selling the nano material on conclusion of the partnership and/or accepting royalties from sales of the developed product is simple but effective in terms of increasing revenue.
What we'll end up with is a company that becomes an expert in the field of nano tech application as it will be courting so many different sectors. Surely this will accelerate its own knowledge and expertise in this novel area.
Don't get me wrong im aitting around 70% down and would consider myself a long suffering holder.... But to me while todays RNS isnt obviously going to excite everyone as its unlikely to have an immediate effect on share price, its the clearest and most exciting strategy ive seen from RMS/NNN.
Happy to stick this in the bottom drawer for the next 12 months and much more confident ill see a return one day.
Probably good money to be made at these levels over the next 6 months, but for me it will take much longer.
If we could get the entry point right we'd all be loaded.
By the way.. A verical is just a name used for a sector or business that you have a product to sell into.
GLA and DYOR as always.

Joking aside. Volz are a pretty big player in the area of filtration. Their product is well priced against the competition too. If they can integrate nano-technology without massive increase in cost and there are clear, proven anti-viral benefits this will properly take off one day. The UK market for filtration is a multi-million intustry. Panel filters need changed regularly and always will. GLA long suffering holders.

Nee naw nee naw. Someone call the pump police. We need an extra 3 riot vans and some dogs to get this to 3p.

Great stuff. Thats the kind of action we want to see here. Not an expert in medicine or radiology but this tech does feel like it has potential to revolutionise process. Hopefully the market wakens up to the potential here over the coming months.

I was thinking this very thing a few minutes ago. Is is possible that this business is wound up this year. Like a few others have said, it appears now to be nothing more than a cash shell. The business has, to date, yet to deliver on "any" of its strategic objectives and from my own perspective, they have failed to deliver a tangible product that will generate revenue for the business.
Feels like last chance saloon, and I genuinley believe that an SA is the only way forward for this business.
The lack of any update from the Volz partnership worries me too.
Its a bear market and companies without anything to sell and no clear strategy are valued as such, particularly in the actual or "perceived" healthcare sector.
Its a shockingly poorly managed business from a PI perspective but we only have ourselves to blame! Come on NNN, deliver something.

Award for most short lived rise on 19/05/22 goes to...........

Really hope some kind of positive traction is pulled out of the bag prior to the finals. I don't have much hope personally other than updated cash burn, depleted reserves and form of words that promises some kind of future strategy. Jam tomorrow. Really hope im proven wrong, but the silence is deafning and that last non-event RNS was a real confidence sucker.

I see JHFH. Thank you.
I will save the excitement for another day, which I have no doubt whatsoever will come in good time.

Looks like we are finishing blue today.
Think I need to go for a lie down.

Likewise, 0.72 for me so timing not the best, but the coming weeks/months sound interesting. GLA.

Rare, cant decide if you are a bit daft or a troll, however, theanalyzer above has explained this simply. These are the facts. Pre-pack deal that avoids taking on pension liability is highly likely. Sharehokders get nada in these situations.
Give it a rest.

Not as long as permanent