Member Info for TopCatz

Thanks Tivman. Are you investing. It's such a short window if they're after raising 2.5 million (£?). Unless they've already been applied for in the majority of cases.

Maybe the whole PI thing is just a bit of a 'do the right thing' exercise. Give the little guy a chance to get in. They don't seem overly focused on it, and I imagine they have decent pledges from the insti's in advance of this imho

Morning all

Long shot but if anyone's applying for Microsalt Shares direct today, please let us know how it's going and what the deal is for PIs. I think the window is open for a few days before they move on to the 'IPO proper'

GLA

Https://www.newfoodmagazine.com/news/18590/studies-show-tate-lyles-soda-lo-salt-microspheres-decrease-sodium-intake/

This study says it could reduce sodium intake by 7-9%. Maybe it's all in the taste (or bonding process as Bads says). The So Lo may well have just not been 'salty' enough

Your concerns have been voiced numerous times lol. No issues with anyone having concerns. My stance remains the same though. I will wait to see how the professionals value the company. They ll be the one's submitting the bids after all. I would have thought, as you are invested in TEK and presumably done your research,you would at least have a rough idea of how the overall valuation will turn out. Even if its 0

Blimey. That s very ill-mannered. A simple thanks for my answers would have done. How rude, especially as you glibly by-passed yours.

The valuation that was in the prospectus.

Do a bit of reading on book building and then you can come back and let us know how the Insti's and the underwriters are going to value Microsalt. Have a guess yourself if you like. You seem to think you have a handle on it

But I'll answer your questions anyway.

2. Why has the product taken so long too gain traction. Answer. Rome wasn't built in a day. No major innovative product finds it's way to market overnight. That's what the proof of concept was about. They also needed the finance to be taken serious, hence proof of concept, IPO and major funding. Main point though is that until recent regulations there was little pressure on food providers to address this.

3. Potassium Chloride substitutes. I'm sure they've got good reviews for 1 simple reason. Consumers has nothing to compare it with. Your doctor tells you, you have to cut out salt, you'll be made up if you can find a product, any product, that tastes remotely like salt. I would. Doesn't mean I wouldn't prefer a 'better' product.

So there's your answers, even though you can't provide me with the info you told me was in the prospectus.

You really are a no mark

TopCatz - as you well know, the valuation is TBC as "the price per share will be determined at the end of the bookbuilding process".

That's pathetic and very glibe, which is to be expected from you. Your reply to my post saying I'd see what the insti's make of it, ie how they saw fit to value the business, was it's all in the propsectus. Wasn't though was it. You consistently waffle. Add a bit of gravitus and you think people actually respect your trash

I'll address your questions when you answer mine LOL. Details of the IPO you say are out there. Can you let me know the full details of the IPO please. The full valuation of the çompany and percentage to be retained by TEK please. You tell me it's in the prospectus. Once you've been polite enough to actually back up your comments I'll address your questions.

Hahaha

I can't even be bothered to read that. You're spamming both BBs today. Bet you're a joy at dinner parties...

Still. It's good to see the fish biting

They're giving away some of the company Sea. I think anyway, but they'll get Cash and possibly more. Is there Plant included in the company they're taking over.

Either way. It's been out there for a while, hence the weak share price. I think it's better it's out of the way now. Hopefully no more nasty surprises with Bell and they can kick on.

GL. I know there are quite a few holder on here

I'm waiting patiently for the details on the IPO personally. Wish you would. I'll wait and see what the insti's make of it. Furthermore if a fortune 500 retailer is interested in the product that carries a lot more value than your nonsense.

Your comment regarding IC made me laugh though, considering half your portfolio is IC tips. I couldn't read it myself as I'm not a suscriber.

I accept the majority of your shares are Scottish Mortgage, probably free . That team leader job has gone to your head

At least you can eat Spam

Might be Sea

This is a very, very friendly inclusion of PIs. Pre-IPO really. Zak Mir has 'termed' it unusual. Maybe they are looking to garner a good following to help it lift off nicely.

They just have to learnt a few lessons from the LUCY IPO, Surely !

You can work it out haha

W w w. re sea rch - t re e c o m

https://*********************/newsfeed/article/microsalt-plc-launch-of-primary-bid-offer-2055947

a good summary of what's going on. not too long

I think people need to get there heads around this being a retail offer before the IPO. A chance forpublic to get in and Then it's on to the IPO, raise and company valuation. Could take a few week whilst they book build. All Speculation until the final details emerge.

Gla

Evening NickE. I think we're only starting off with the IPO. Note we don't kjow A How much is to be raised (although we're hearing 10-15 million). Nor the terms, conditions, or overall valuation of the company. That I'm guessing, will unravel over the coming days/weeks, and TEK will trade accordingly

Microsalt are so far ahead of where Lucyd was at IPO.

Lucyd used the money to promorte and develop their products. Microsalt will be using the money to distribute their product to multiple large retailers by the looks of it.

They should get off to a flyer. Yes interested to see the value. They have a good case for investment. I think TEK are doing a far better job with this than they did with LUCY but the real proof will be in the detailss

There will always be dilution with an IPO. That's why they do it. Higher valuation = less dilution.