D T Ultravert8 May 2024 07:13
Anyone remember D T Ultravert?
Interesting that Nicholas Tulloch, former non-executive director of this company, is now non-executive director of D G Innovate, a very successful company involved in sustainable battery development. D G Innovate formerly owned the patent to D T Ultravert. This was acquired by HNR (now Chill). Later on, Chill planned to sell their now 75% stake to another company, however seemingly at the last minute the other company terminated the deal citing it as an "unnecessary risk to the company and its shareholders". I wonder what that was all about.
Anyway, that other company was acquired by the company that had the original patent, D G Innovate. Nothing wrong with this, just an interesting observation. I wonder if anything ever became of D T Ultravert.