Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Borrowing off Innovative eyewear. Have I got that right. At least Innovative eyewear still have a few quid in the coffers. Nice to see a return of favours. They've had enough.
Better than dilution at the SP where it is. Guident, Bell and Innovative eyewear all funding themselves so after Microsalt gets floated apart from Cliffords + a few other salaries, not too much else to fund until the next onboard (which he's on record as saying won't be anytime soon).
IPO incoming is my guesss.
GLA
Morning Nelson.
Yes fairly light. I think the key takeaway is that they have initiated a 'presence' in the UK and EU with the distribution outlet in Southampton. They'll need to IPO to really gear up but that'll come in time, hopefully sooner, rather than later
Here we go again. There is only one product that I can compare with microsalt. It doesn't contain Potassium chloride, but seems to be a mixture of salt and seasoning. French I think. It's a comparable cost. Never tried it but it's not 'pure' as such so microsalt theoretically should have the edge. Put it this way - Fortune 500 companies aren't buying no salt by the tonne.
Here is the link. Lot s of decent reviews here. For those that don't believe people will pay a premium for a healthier product
https://www.amazon.co.uk/NoSalt-Sodium-Free-Salt-Alternative-11/dp/B000H185N6/ref=asc_df_B000H185N6/?tag=googshopuk-21&linkCode=df0&hvadid=289033956950&hvpos=&hvnetw=g&hvrand=2442027364670114005&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=1006812&hvtargid=pla-525981947168&psc=1&mcid=9f7178f5e007371fb7c9bf7f15fe9b23
However, as we all know. This is conceptual rather than commerical and B2B by the tonne is what it's really all about.
Good luck all
I don't know what to say Clenched. I've been very positive in the past but as Bell & Lucyd have lost value along the way (I'm a firm believer that TEK 'IS' the sum of it's components with not much assigned to the 2 that haven't floated yet) you'll be hard pressed to find any BUY recs or cheerleading as it's so respectfully put (let's not dismiss my posts regarding lucyd over the last few months), in my posting history. I can't specifically remember 'shooting' you down as you put it but apologies if I did. You haven't been a prolific poster so I can hardly accuse you of deramping or posting a repeat negative message incessantly at all. I may have argued from the other side however.
As you say, you've seen the upss and downs before and sentiment is now rock bottom but there's no reason why at least 3 of these companies can't turn this around. We'll have to just wait and see.
Regards
Morning Sea. Yes I expect he's embarrassed. He hasn't intentionally made this happen, although I do think he's part responsible with LUCYD. They were far too quick to float it considering they had to develop and redesign so much. They gave away far too much of the company for peanuts on the raise once they were listed and they spent too much on social media sponsorship. Did they really need that. The sales outlets they've licensed is impressive however.
Then we have BELL. The market cap is too low there too but the market wants instant results and is merciless if there are any delays anywhere.
It'll have to change at some point, and I would expect it to be quick when it does. Your fear regarding Microsalt floating will largely depend on what it does.
With Lucyd the selling of TEK was more or less directly proportional to the value of it's components, (people will argue this but if you check the TEK SP against the higher LUCYD and BELL prices, it holds up) so vital they get it right.
I'll get back in box now but here's to a prosperous 2024 for all
Morning all
I've been in countless shares over the years and it's the same on practically every run up to Crimbo. Christmas present RNS's etc are very rare. I'm pretty sure if you all checked back through the last couple of years on here, we were probably waiting for some sort of RNS.
If it happens and it's good that will be a massive 'Brucie' but it's quite common for a string of reporting and RNS's to occur in the first week of January. I'm not just talking about TEK. I just think the whole financial system more or less grinds to a halt.
Like I said. It will be a bonus if we get a stonker or two (we've still got Guident in the wings) but personally I'm expecting a heap of News in January.
Life's to short to fret, beleive me. This will all be here in the New Year and fingers crossed the SP will recover rapidly.
The market cap is pathetic, considering all 4 companies are projected to be turning over multi millions next year, the scope for a massive rerate is massive.
You could do a lot worse than switch off and return in 6 months IMHO
Yeah not the best Mrozzy. I guess it's a case of not wanting to get something out that they'll be entirely held too but frustrating nevertheless.
if they were considering the Nasdaq that would explain 'pulling the primary bid', although let's face it, as plausible as it may sound, as you say, none of us can claim to know what's going on
It would make more sense, especially as their financial system appears to be in better shape over there. Also they are making more business there, plus I suspect the high blood pressure issue is more prevalent.
I expect the decision to list on AIM was a knee jerk reaction because of how it went with LUCYD. They are very, very different companies in what they offer
It's not the best scenario Bazz but a few other potential AIM IPO s have been pulled and rescheduled without definitive dates over the last few weeks/months, so it's not MicroSalt specific.
We can only be patient for now. I've said it before but I'd rather they don't fk it up. Needs to get off to a good start and on decent terms
The IP will probably be cited with a value
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My Bad - I think IP is 'intangible' so not the way out. Best way would be to demonstrate an increasing income stream IMHO, and quickly
They look great Tivman. Someone should really buy them out at some point. If they sell like hot cakes next year, maybe someone will. Although TEK own a decent slice, I don't think they hold enough to entirely block a buyout approach, although granted they could make it difficult if they wanted to
Small capitalization companies can be listed on the NASDAQ SmallCap Market if they have either: Net tangible assets of $4 million, $50 million market capitalization, or. Net income in the latest fiscal year or two of the past three fiscal years of $750,000.
They won't get round it with the market cap, but they might with net tangible assets - they'll work it out somehow imho. The IP will probably be cited with a value.
Although their revenue hasn't hit $750,000 annually yet it will with the deals they ve got on the back burner so I expect they'll get some sort of reprimand but will have the right sort of response.
My opinion only. No regular poster on here is any sort of exper on involuntary de-listing on this BB
Thanks Bads.
Haven't checked the link yet but will do so later (Just on the way out the door).
Being > $1 wont' be a problem if it's the only criteria. They'll just consolidate 10:1 and they'll be $4 or 5 again, hopefully more if they get a rerate. I ll see if there's any reference in there later but if not I think it's a pretty low ranking concer.
Thanks again for the link mate