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As for Bernis , Jumping on band wagon for the next mayor uplift for ITX as a company when this goes viral or planted for a takeover.
Only good factor is IP Group and John hold above 20% of shares.
Looking at Bemis would say its the first however you never know.
Your forgetting a vote is needed to leave LSE by shareholders
https://www.amazon.com/Amazon-Brand-Presto-Triple-Dishwasher/dp/B08T724H21
Finding hard to get data base , except from 2020 - however this is a new improved version
https://www.alcina.com/de-de/men/haarstyling/gel/for-men-ultimate-gel/f14466
Im long term and can wait two or five years as this only has one direction , on research side plenty of shampoo and hair dye and odor products being added weekly when looking but these are tiny and in truth not worth posting.
There has been some gems that have been found that being wipes for nappies , some minor company's in dishwasher and IP using ITX for multiple companies.
The fact that each product adds is a recurring order and the minor becomes major in sales.
The point is positive feedback , and we are lucky to have some Georgians invested here.
So goes back to weak points and strengths , so Block have tried going for the big time drill at same time saying this is a field examinations of oil locations. Now we are seeing expanding known oil finds by new techniques which expand the flow and decline in existing wells.
Which every forgets that Block Energy pulled off a M&A by selling a 50% stake in a field that was to expire in 2024 which required a 2D study and not part of plans by block energy and was allowing to lapse.
The Words of Paul CEO we have active M&A activity which we are looking at present.
Interesting times
So the PR great , but there's a nagging back in these and only several that may be the answer.
1) New Investor to Block Energy
2) The Well is progressing well and results are known
3) Buyout of company in progress in M&A as mentioned
Shipments just a thought if ITX Raw materials are delivered by land within the USA would this be highlighted in reports ?
Also if you take the last years shipments as fact and used in raw materials this would convert to $8 to $10 million in product.
I suspect this is a hedging bet on materials and must go by brokers forecast unless updated.
Can see this as a $100 million company in two years, after that who knows.
Paul LeBlanc is appointed to the Board as an independent Non-Executive Director and Chair of the Audit Committee with immediate effect. He is Chief Financial Officer and Treasurer of Bemis Associates Inc. ("Bemis"), a global manufacturer of specialty films and adhesives for the apparel and industrial markets. He joined Bemis in 1999 as Controller and assumed increasing levels of responsibility during Bemis' rapid growth into a global manufacturer, including overseeing the acquisition and integration of operations in Europe and Asia. He earned his Bachelor of Science in Accounting from Thomas College and his Master of Business Administration from University of Massachusetts, Dartmouth.
In addition, Dr. Peter Nieuwenhuizen, the Company's Non-Executive Interim Chair, who joined the Board in July 2022, now takes the role of Non-Executive Chair on a permanent basis and with immediate effect.
The Board now comprises Dr. Peter Nieuwenhuizen (Non-Executive Chair), Paul LeBlanc (Non-Executive Director), John R. Shaw (Chief Executive Officer), and Laura Denner (Chief Financial Officer).
Dr. Peter Nieuwenhuizen, Chair, commented:
"As Itaconix enters a new phase of development with its rapid revenue growth, I am pleased to welcome Paul to our Board. He is a dynamic CFO who has played a leadership role in expanding financial and overall operations as Bemis has grown from a domestic business with less than $40 million in revenues into an international enterprise with over $200 million in annual revenues. As we reach new levels of commercial progress, Paul will contribute valuable finance knowledge and operating experience to our next stage of growth."
PR now defined in Block Energy , suspect this has multiple reasons and one that will enfold later.
Still our project 4 ( newly created ) had no impact on share price even that this is a $3 million investment for 50% in this area.
Working out the defined asset value ( Sold value we are now looking at $45 Million ) , however that's if a buyer is out.there.
https://www.mediahub.am/post/da11ffef776992e888be9391457e99cc
Old news but from another source
Raw materials is a smart move & a good hedge with suppliers , also shows future turnover confidence.
Also been trying to find the new IP but just kept coming against a brick wall , however went over all the existing IP and bingo found out that Some IP have turn from Granted back to Pending
Example below
Application CA3170119A events
Priority claimed from US202062970500P
2021-02-03
Application filed by Itaconix Corp
2021-08-12
Publication of CA3170119A1
Status
Pending
wow thought this company has now collapsed , how many life's does a cat have
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 Suspended
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
Note Listed £6,452,852.00
Suspended £20,505,000.00