Member Info for TopCatz

Giving away 1/2 the company for a few million quid. That's poor. Always said the CEO wasn't fit for the 'business side' of the business.

Really can't work out why they've gone down this route as there must be better options. The delay has really weakened the share price. Financing should be done behind closed doors not like this, over months and months.

Great business. Rubbish managment. Can't figure it out

Morning Learning

Although there are a lot of BELL holders here you might want to put that on the BELL BB as they'll have a better understanding of what's been going on with TMT I would have thought. It's been a very long tedious process from what I can see, so no surprise at all it's held up a bit. I wouldn't personally read to much into it but I expect Bell holders will have their more accurate views

Yawn............................

Morning Sea/Cm

They want £$ 40/45 million. The original admission doc posted here showed that they would be retaining 30, million shares and after float TBA. It sounds a bit contrived I know but if you put it with that old valuation it more or less stacks up.

Whether they get it or not is another thing, but I'm still pleased that they are waiting to get it off on a good foot.

GLA.

Nice. BAE systems exiting with its 49% share. Just shy of 1/2 billion dollars so it can be done. TEK just have to be thinking of slicing a bit off surely. That d be handsome

Yes Sea. Blood is thicker than water as they say.

Been a curse in many ways with regard to Lucyd but it works both ways. Pretty good endorsement that it's a bridge to the IPO imho.

Gotta go... laters

I think they may actually sell some of their TEK stake in Microsalt this time around Clenched. I think it would definitely be a wise move to at least fund the whole operation accross all the businesses for a decent chunk of time. A couple of million quid or so. I think the IPO will be worth between £20-£30 million to TEK holders after the captial raise and slicing off 10% to clear the runway wouldn't be a bad thing.

Just my opinion

Amen Sea

News on the horizon. Let's see what next week has in store.

Good weekend all

Loving the rash of COPL holders all over here. What's that about. I'm surprised you can afford to eat, let alone invest

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

Actually I think it does contain potassium chloride. My bad. Still costs more than Microsalt

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

Hahaha CM

You really shouldn't have to but that's the typical nature of BBs. Why let fact get in the way of 'a narrative'

Thanks for the 'factual' post

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

Love you too Loadsof - Nice to see I've made such a strong impression on you xx

Guident could actually actually have quite a decent revenue stream already by all accounts

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