Member Info for travel_light

Might be part of back slapping brigade, but my motives are more the product in itself is pretty neat.

My main concern is financing production at volume. 100 dollars a unit 10,000 units to cover say a fair whack of Schools only in uk and that’s a hunk of money. “They will be everywhere” needs a explanation at some point how that happens. But 5 weeks in, it’s innovation etc etc

I don’t look for answers here. More I am hopeful the team can come up with a financing model. China is mentioned, numbers get silly, competition steals tech, risk etc etc like I say either we have faith in team and hold or we don’t and sell, unless we want to trade(how does one get the cojenes for that).

Best of luck all, this is no safe bet but boy is it interesting ;-)

Why not separate positive and negative chips. The Affimers bind the virus.

Could even return negative to user, as no risk of covid, you just checked it.

Then again that buggers business model. Say max 7 days per chip, you know when it was first used. Reuse 7 times then bin it. Or positive, bin it in different bin to burn, recycle the others.

Sitting on the bog, but I am sure team can think this thru.

Burned through millions of share holder money

Explain that to me please.

I disagree about the video. Not massively and you make a good point (before this turns into bun fight just a different opinion).

It left many questions unanswered eg funding of reader production(not too worried).

But having a slick presentation would have made me worried. As a small investor my biggest grumble is lack of information. Often it’s like buying a pig in a poke. Slick is hiding stuff. I thought the team did great, no Oscars, but I kinda went “these guys could make this”. Cooool

Sell it.... that’s another discussion but I think the product will work. I got that from the video.

I had a much better feel where the company is after 5 week project. 5 weeks. Wow proud to be a share holder.

I would have led with derisked stuff more strongly, got everyone waiting. Made the meeting an hour and got the CFO boring everyone with excel(love you really).

Then gone with our “innovation project”. Would I have had a slide after with risks and mitigation yes. Mr B ....the plus’ are lovely to see but we want to make risk choices so need to see both sides when you do thinks like this. You see potential, many are scary cats and need to feel good, be critical of the plan, and work from there.

But a slick video nah, seeing raw bones was way more useful to determine investment case. Big companies do due diligence, video is not much use.

For the actual product and signing up retailers etc, yeah fill you boots, get George Clooney etc

The SP got heated, many head 2+2 and made 1M.

Omelette, eggs, etc

Fast bucks yeah be nice wish I’d sold and bought back in:-). But so long as we don’t dilute like hell to gamble I’m fine. If we need cash let those of us holding shares have first go (Avacta....). Then goto II.

Anyway, I agree perception is important, but risk slides rather than George C would be better.

if we were in validation would we have had an RNS, or are there some silence rules in force at the moment?

he has said he never comments SP

repost, as the other thread turned into a bun fight.

Would like to hear others thoughts about the challenge of the complexity of business model I have taken the side of the angels and been very +ve. Please shoot holes in it, and let's appreciate that with a wider perspective, we can all make better judgements. That's why we are on the BB, cos otherwise I would need to rely on my judgement, and that's never turned out well.

Have fun all, it's only money, better things in life to worry about

I like this business model.

It will require someone to fund the readers, lots of money, but there is a huge need, so things will sort themselves out.

wrote long piece, deleted and summarised.
Cloud solution growing, Amazon, Salesforce. Capex to Opex. Requires large amounts of money, but boy does it generate revenue.

There is no way DV has the pockets for this and people have headed for the doors. Bye bye. Thanks, going to pick up some more whilst price is lower.

What I see in in GD and his team is they have a partner approach to problems. So we don't have enough money for machines everywhere. Who has lots of money and wants more. How do we do that without too much dilution?

Shopping centres have money, they have no traffic, they are dying. They would buy machines and there are lots of business who would buy machines for staff. Cashflow for inventory only. Use preorders and get bank to fund.

Others thou. How did Vodafone grow. They offer kick backs. Buy a machine and we will give you a small amount of money per chip tested. Petrol is cheap (ok gone up), but now every petrol station has a shop. Give them kick back. 100 dollar investment, that would pay and pay over the years. Forget I need it for access, I just want to know if I can hug my mum. Footfall is huge.

I think a rental model for the handset would be good. Please just add to my phone bill. Phone companies have the ability to invest large but don't own phone manufacturers. 25 bucks up front, or 60 bucks over 2 years at 3 bucks a month. First few months free. DV could easily do these deals. Put machines in phone shops for second bite of cherry.

will these be done, hell I don't know, but I came up with that sitting on the bog. How good a plan do you think the company can come up with and execute?

AIM = investment market, not spin the wheel and hope for a number. Invest in ideas and vision and people you believe can execute. Yes there is risk, go buy a bond if it makes you feel uncomfortable. This could be an Apple in the garage moment. If not, I have other investments, but I'm cheering them on.

Once the ball start rolling things become easier, and this business model really allows high growth. SKIN has already shown growth, but this could really be rocket fuel.

Anyway my numbers may be well off. The point is DV know how to put partnerships together and to structure deals to solve problems and blockers. Hell lets all start a company with tents in car parks with the

it was the perfect ramp, gone now like tears in the rain.

my thread has been hijacked:-(

I like this business model.

It will require someone to fund the readers, lots of money, but there is a huge need, so things will sort themselves out.

wrote long piece, deleted and summarised.
Cloud solution growing, Amazon, Salesforce. Capex to Opex. Requires large amounts of money, but boy does it generate revenue.

There is no way DV has the pockets for this and people have headed for the doors. Bye bye. Thanks, going to pick up some more whilst price is lower.

What I see in in GD and his team is they have a partner approach to problems. So we don't have enough money for machines everywhere. Who has lots of money and wants more. How do we do that without too much dilution?

Shopping centres have money, they have no traffic, they are dying. They would buy machines and there are lots of business who would buy machines for staff. Cashflow for inventory only. Use preorders and get bank to fund.

Others thou. How did Vodafone grow. They offer kick backs. Buy a machine and we will give you a small amount of money per chip tested. Petrol is cheap (ok gone up), but now every petrol station has a shop. Give them kick back. 100 dollar investment, that would pay and pay over the years. Forget I need it for access, I just want to know if I can hug my mum. Footfall is huge.

I think a rental model for the handset would be good. Please just add to my phone bill. Phone companies have the ability to invest large but don't own phone manufacturers. 25 bucks up front, or 60 bucks over 2 years at 3 bucks a month. First few months free. DV could easily do these deals. Put machines in phone shops for second bite of cherry.

will these be done, hell I don't know, but I came up with that sitting on the bog. How good a plan do you think the company can come up with and execute?

AIM = investment market, not spin the wheel and hope for a number. Invest in ideas and vision and people you believe can execute. Yes there is risk, go buy a bond if it makes you feel uncomfortable. This could be an Apple in the garage moment. If not, I have other investments, but I'm cheering them on.

Once the ball start rolling things become easier, and this business model really allows high growth. SKIN has already shown growth, but this could really be rocket fuel.

Anyway my numbers may be well off. The point is DV know how to put partnerships together and to structure deals to solve problems and blockers. Hell lets all start a company with tents in car parks with the machines. GD what kick back can we have ?

Anyone got recommendation for pom poms. If I’m gonna cheerlead I want to do it well.

Lock downs lift

Buy a breatherlizer from your phone company. They just get you to sign up for a year, three quid a month to your phone bill. Arrives in post.

Goto pub. One pub .. everyone in here is certified safe.

Another pub, please sit 6 foot apart and try not to worry.

Which will sell more beer.

3 quid a month, 30% markup for phone company. Call it quid a week, to be able to have a pint with mates on a Friday. Then have a coffee with your mum in a cafe out of the rain. To attend that wedding and relax. A quid a week.

worked with game console industry. Playstations are loss making. Sony get revenue from the disks. They made loads of money. Proven revenue model. Proven business model. Company is small but if it was Amazon doing this we would all be nodding our heads. All companies start out small, catch them now, and in 10 years you can say "I was there".

meat packing company would probably pay for devices, and other places of work. Other employers, factories, shopping centers, hospitals, schools, universities, and so on would pay or subsidize the user part. Early days, who knows maybe they will be tax fee.

That employer market alone is massive. UK is small, (yes it is) but what about Italy, Spain, France, Germany, Poland, South Africa, Costa Rica. Rich small countries Sweden, Norway, Belgium....How many companies are desperate to get people back into factories and offices safely. 25 bucks per employee over the course of three years, come on, we all have mobiles costing hundreds of dollars. Look past Boris and the UK. Tesla threw a fit over getting people back to work, they could be sued for not making an effort. Amazon testing staff. Football teams testing staff. Holy smokes, even if there is risk, I would be jumping up and down to think we wouldn't at least have a go at this market.

Public health and general society things, lovely these are on the board and maybe that will be something. Nice to have someone thinking benefit to society. Rose tinted maybe.

My main worry is if a small company can do this quickly there will be others. Sure the lack experience but have tons of money to throw at the problem. Then again its easier to make an offer and just buy this. Hope

Oh wow. Thanks for this. Lots of new concepts but the bit with machines being funded off the back of chip sakes wasn’t too apparent. Or rather a bit new to catch at least for me.

So a big school could get one, or a shopping center. 100 bucks price point, say a buck a test margin, yep you could pay for one in under an hour in a train station or shopping center.

Roll out challenges ahead. I will watch the video but who is making the reader box? Is there an open license model so others can make and sell them for those who want to buy.

You say all has been done before but this revenue model is quite new. I buy my own blades and handle. But this is II use my blades but a public handle.

And I thought the crew did well. Short time and getting this out the door is more impt than marketing b******

this is a great post and so I am bumping it....bite me

I liked the film.

no bull****, with slick actor voice over. It said what they had, and what they got is great. I like they showed people, I thought they all sounded competent, and wanted to win this. Means a shed load.

It was to provide information to make a judgement about investment. If you want slick and sexy but with a pile of crap behind it go buy volkswagen. Sure it was rough, and some things are a little, hmmmmmm dont agree, but at no point did I think this is bull****.

Shame the SP is up and down. But I think that's aim. Basically people putting bets on a spinning wheel of fortune.

So my take is....

The Good,

Lego type application using building blocks understood pretty well and proven
G said it was all old tech, but I disagree, some pretty cool innovation using affimers and aptamers to grab the virus on breath for a start
Pretty user friendly, and recurring price point was nice. Shaving model sure.
Can be reapplied to other uses so there is a roadmap of revenue ahead even when covid situation ends

The Bad

It needs a bloody machine.
The pass is not verified. Sure its secure but I can also knock up a web site, qr code.....why bother, just test again.
It needs a bloody machine
It needs a tech, ok school nurse.
What happens if I don't have access to a bloody machine.
If this easy, how hard to recreate. Non exclusive deal with suppliers

So nice piece of kit. Not a let's get everyone back to normal but a lot and nice. I think these will sell like hot cakes to schools, prisons, universities, hospitals, doctors office, dentists, stores for staff (maybe shoppers but I wouldn't pay to shop). Pubs maybe, but they will probably want you to pay (thats good you stay in that pub then). Planes maybe, I would feel better, and this is cheaper than a spit test. It's not a one second thing, it's 5 minutes every day.

Timeline. everyone working hard so no negativity. Covid will be around for ages, just watch as the west lets others suffer, and then wonder how we keep getting reinfected. But Jam is more next week than tomorrow, which is why SP was hit. Long Term Buy and Hold, steady as she goes, invest don't gamble etc etc.

Dell involvement.......err thin, so you need a tech partner to host. Maybe I missed something but didn't get too excited. If governments mandated the app, then good to have big name in charge of security etc.

in addition to the rest of the stuff they have, pretty col, feel comnfortable being in SKIN, will lock in a drawer and come back in 6 months (the shock the horror)

Armitage Shanks ?

thanks, too much text, two old eyes.