Member Info for unitedguy

Sifis, Dr Cave his been trying to commercialise his nano tech with various management teams since 2016, many stories and strong RNS but as yet no worthwhile sales or contracts.

Sharebel, do you know what FREE FLOAT means ?

I was secretly hoping Duffers had a decent RNS (say a contract with £££ signs in it) for his anniversary of the day he started at NNN but no what do we get, an RNS confirming 20% dilution for money returned to Lanstead to be repaid to NNN at 25% discount of the share price at each monthly instalment for two years, drip drip.......

One of your finest achievements but the best is taking the share price from 1.25 to 0.55 or was it burning £4M for very little that can be quantified.

Shambles of a BODs

Juxta closed yesterday a 0.52 and today at 0.55 so 0.03 of a penny up which is about 5% up.

Point is it opened high on news and drifted down all day, expect the same tomorrow

Sharebel because of RNS MMs opened the day at 0.63 but market didnt thing much of the news as it confirming what had already been indicated should happen and actually dropped 15% today

Duffers is laughing at you too, all the way to the bank. He has been paid £200K for
1) taking the SP from 1.25 this day last year to 0.59 today
2) Sold nothing
3) burnt in excess of £4M
5) JV the other party put no cash into
6) doing R&D for an unknown 3rd party that NNN is paying for and third party doesn't have to use
7) doing a successful test on material that was PoC 16 months a go.
8) giving up 20% equity on the drip

You'll see in 12 months time you will still be saying orders just round the corner.

https://www.filtrationcontrol.com/filtration/hvacairfilter/?gclid=Cj0KCQjwjbyYBhCdARIsAArC6LKVSTQmHRZ5HCxGCdpRGNdoQ8DadOo1P6x8zFCQpAPQCKPDwINNcLYaAo6YEALw_wcB

available NOW

https://www.bloomberg.com/news/articles/2021-08-04/honeywell-ceo-touts-ac-filter-coating-that-kills-98-of-virus#xj4y7vzkg

Seems Honeywell have been at this for some time but also note they think the market for the coating is worth hundreds of Millions.

Who do you think is bigger in HVAC, Volz or Honeywell?

If Honeywell are at it I guess all the other major player would be too.

Another NNNN missed boat??

Sharebel I feel sorry that you still have no idea how the sharing agreement works.

Yes Lanstead paid a premium which NNN then handed back to lanstead who will the pay out under the Sharing Agreement pro rata over 24 months month a 25% discount on the 20 day weighted average at the time of each instalment.

You need to read the RNS and look closely at the examples given

Even before Lanstead free float was a huge 90% just goes to show Sharebel doesn't know his arse from his elbow.

Volz T/O 70M Euros. The cost of raw materials they buy in to make filters is 5-10M (guessing but I think this is high) which includes metal frames, plastics, paper, the filters them selves and many other parts. The nano liquid sprayed on wont be a huge part of this, at best 500K. Contribution to NNN bottom line maybe 100K so if Volz do move ahead and spray all their filters it is not going to change NNN shareholders fortunes anytime soon.

Best case scenario is JV sells to Volz £500K of liquid nano of which say £200K profit of which P2F - NNN get 51% that would help reduce losses a little but really not increase value of NNN which is way to high and has a high level of potential already factored in.

NNN remains over valued.

Trisor do you understand, NNN had 1.8M on June 30th. Now if based on burn from Dec to June which was bizarrely 333K a month NNN have £1,133,333 left. But assuming the burn cant be that high let say 1.4M left.

The £3M paid by Lanstead to NNN on subscription 535M shares was pledged "given" back to Lanstead under the Sharing Agreement for NNN to receive back those proceeds on a pro rata monthly basis over a period of 24 months at 25% discount to the Average 20 Day VWAP at each instalment.

So NNN have somewhere between 1.1M and 1.4M and based on the current 20 day average will receive about £80K back in the first of 24 instalments under the Sharing Agreement.

This time next month NNN will have between 900K and 1.2Min the bank and will be due another instalment under the Sharing Agreement. If no news then the SP will go down as will the amount so again a lot less in from Lanstead than NNNs cash burn.

Trisor, stop being obtuse there NO revenues. REACH and the fifth trial do not result in revenues any time soon if ever.

The best Duffers can come up with is FREE R&D for an unnamed body who doesn't have to use it, der sound like normal NNN.

and todays RNS says they are doing R&D for an unknown partner and the partner is not even contractually obliged to use the results of said R&D, which is all expensed by NNN.

Trisor, you really are being obtuse

NNN had 1.8M on June 30th. Now if based on burn from Dec to June which was bizarrely 333K a month NNN have £1,133,333 left. But assuming the burn cant be that high let say 1.4M left.

The money paid by Lanstead to NNN on subscription 535M shares was pledged "given" back to Lanstead under the Sharing Agreement for NNN to receive back those proceeds on a pro rata monthly basis over a period of 24 months at 25% discount to the Average 20 Day VWAP.

So NNN have somewhere between 1.1M and 1.4M and based on the current 20 day average receive about £80K back under the Sharing Agreement

Trisor please please read the RNS and note below "receive back"

The £2,942,500 gross proceeds of the Lanstead Subscription will be pledged to Lanstead by the Company pursuant to a Sharing Agreement with Lanstead. The Sharing Agreement, details of which are set out below, entitles the Company to receive back those proceeds on a pro rata monthly basis over a period of 24 months,

Then from the three examples in the RNS divide the Proceeds over 24 month Period by Average 20 Day VWAP discounted by 25% and you get to the 535M shares issued.

The RNS and Q&A are a little bit smoke and mirrors to what this transaction is but the physical examples in the RNS can't be smoked. Each shows at 25% discount to the Average 20 Day VWAP.

Trisor please please read the RNS and note below "receive back"

The £2,942,500 gross proceeds of the Lanstead Subscription will be pledged to Lanstead by the Company pursuant to a Sharing Agreement with Lanstead. The Sharing Agreement, details of which are set out below, entitles the Company to receive back those proceeds on a pro rata monthly basis over a period of 24 months,

Then from the three examples in the RNS divide the Proceeds over 24 month Period by Average 20 Day VWAP discounted by 25% and you get to the 535M shares issued.

The RNS and Q&A are a little bit smoke and mirrors to what this transaction is but the physical examples in the RNS can't be smoked. Each shows at 25% discount to the Average 20 Day VWAP.

Micho please (note the please) read the RNS and note below "receive back"

The £2,942,500 gross proceeds of the Lanstead Subscription will be pledged to Lanstead by the Company pursuant to a Sharing Agreement with Lanstead. The Sharing Agreement, details of which are set out below, entitles the Company to receive back those proceeds on a pro rata monthly basis over a period of 24 months,

Then from the three examples in the RNS divide the Proceeds over 24 month Period by Average 20 Day VWAP discounted by 25% and you get to the 535M shares issued.

The RNS and Q&A are a little bit smoke and mirrors to what this transaction is but the physical examples in the RNS can't be smoked. Each shows at 25% discount to the Average 20 Day VWAP.

Trisor, Lanstead haven't chucked 3M they haven't chucked in 1p yet.

They get 20% of NNN stock 535M shares now and are paying in 24 instalments and at a 25% discount of the 20 day average at the time of each instalment.

At the current SP Lanstead pay 0.375 costing £83,593 at the same time if they so wish can sell all but assume 1/24th of their shares 22M for 0.5 returning £111,458 making £27,864 profit. Lanstead can do this every month for 2 years irrespective of the SP going up or down. They make more if the SP goes up but it doesn't really matter Lanstead make huge profits either way.

Surely you understand this Trisor