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bedex the Scottish contingent was the worst outcome for Block Energy to oust PH , even myself voted for PH to stay with just over 1.2 million shares.
PH did respond and invested £120k of personal money at 2.5p , and last 2 years used 40% of wages to buy shares.
The past was not great and that's the past but have to say the last two years have been exceptional being the M&A deal for acreage and now making profit just enough for shallow drills.
Using Twitter for regular updates is another positive , in the end PH has on paper lost out in share investment and others.
A good telling sign back the directors who invest as well.
Rowklawn can say the usual garbage and reference to anyone chat comments to get a reaction.
You not missed much
Just had a couple weeks dealing with a employee with Mental Health , it takes time to get the truth and lucky that we have the time to help and slowly resolve the main problem.
Nice find as most still have phosphate's the labeling is incorrect as this leads to algae in streams and rivers.
Hence why when a sewage treatment plant dumps water waste into the sea a algae foam is present.
The Law in UK and Europe allows this to happen.
Change the law and this is solved overnight - note sewage waste will still be dumped into the seas but that's another story of why.
Been checking and majority of new products each week are still shampoo to Hair Dye
Suspect - Trading statement will have a few surprises
New contracts have not been awarded to theses separate contracts as in the past in a block contract, so until then it's just mud slinging.
To me the lower the price will be good as dividends are auto reinvested , long term plan is ten years for which i'm already gone through 3 years.
Can see Totally in seven years time with 50% NHS and rest in private health care and wellbeing.
Good Luck
Its very clear no new contract has been given by the NHS and as such the legal status of Totally is that on 31st Jan 2023 the contract finishes. On 1st February the staff will be transferred to a temp provider , it would appear that the new tender for this contract did not meet the value by NHS to award a new contract. So in other words too expensive and no budget to increase the value terms.
In this case Totally management are playing tough in order to keep margins
Been here for long time as well , communication is very good and we are drilling on cash flow.
We just need a break on one drill to far exceed the massive asset base underrated at present which in turn will attract partners for the other major projects in hand.
Success brings attention ; Good Luck
Each customer adds to recurring growth , the point is there a long curve for multiple years or decades to come.
Its unique in a business model
Just adding to Beauty products , these are low volume high margin as the make up of ingredient's are low for complete product.
Hence cleaning i.e Dish washer tablets high volume low margin .
Copy from site for Heiq
Hugo Boss are going very green and making the circular economy a big part of their business which means aeniq is likely to be a large part of their plans going forward imo.
Aeniq Polo shirts out already..
https://www.productsofchange.com/news-article/hugo-boss-forms-charitable-foundation-to-be-bold-for-the-planet/
"In a major development in its materials use, Hugo Boss has this week replaced polyester in its Boss x Heiq Aeniq Seamless Polo Shirt with a cellulosic yarn made from certified wood pulp. This yarn – crafted by Heiq Aeoniq – boasts the same performance attributes as polyester but those synthetic fibres for a reduced impact on the planet"
PS there are multiple companies' in this field , however are not pure Bio players but on the tin says Bio plastic.
One Example is SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC.
Additive that turns normal plastic to Biodegradable , however there other major break product is interesting and could be used in collaboration with ITX in health protection.
The company is private ( Hidden behind the parent company ) and information is let's just say hard to get , however did find that 95% of there products are plastic from medical containers to to bathroom.
So the clue is Plastic to Film
It would make sense to dispose of medical contamination in biodegradable plastic containers by incination and not harm the environment of harmful micro chemicals into the air if using conventional plastic.
Now for other potential collaborations have invested in Biome T & Heiq which have different merits but same fundamental of being green new compounds.
Biome T make bioplastic already but operates at higher temperature and thus brittle ( Coffee cups ) The Film side of production is not known ; Heiq have developed fibre to be used to make material to wear + other sides to business.
So if theses companies experimented with ITX ingredients' there could have a new product I.E Film that can be used in premade meals in a plastic container cooking at high temperature.
Also do not invest in these companies , they have hope but not same as ITX growth curve and in the end profit.
Should in next couple weeks receive a trading update , expecting to at least hit Brokers report figures.
However given the second half is stronger we should exceed this.
It would also be good to get insight of new collaborations ( plastic ; paints etc )
Where we are today ( Note cash we can access in listed value )
Invested Shares Price Loan Notes Value
Dev Clever 72300000 £0.27 £19,521,000.00 Not Listed
AAA 24000000 £0.04 £984,000.00 Suspended
Audioboom 145,700 £4.35 £633,795.00 Listed
Magic Media £1,491,768 £1,491,768.00
Magic Media 1,646,682 £1,902,155.00 Not Listed
Simplestream Limited 9,943 £835,212.00 Not Listed
Simplestream Limited £21,000 £21,000.00
SeeQuestor 114,586 £1,308,023.00 Not Listed
Sparkledun Limited 8307 £493,851.00 Not Listed
Gfinity 8,148,954 £0.00540 £44,004.35 Listed
Low6 6,612 £119,993.00 Not Listed
Zeelo 1,220,000 £301,850.00 Not Listed
Warrants
Dev Clever 35 million £0.25
Total £27,656,651.35
Listed £677,799.35
Not Listed £25,973,852.00
Suspended £984,000,00
The Clue is in the multiple twitter announcement's and one in a interview and on twitter regarding M&A activity.
That's a major hint what's coming next.
As for Block Energy keeping head above water whilst still drilling and no new fund raise is massive upside.
The last drill for operations will generate $1 million over one year , now that's what we hoped for but not to be dismissed.
The media of Block Energy has accelerated and only means good news.
Biome are in a good place but as always takes time to change habits but legislation accelerates that effect.
One good Factor the Bio plastics are now in one direction regarding growth , with 6 other customers that may sign up.