Microsalt Share Discussion Threads

[showme01] 17/5/2024 20:22

Only going one way imo. Great company.

[ellipses] 15/5/2024 20:51

Checking out the London Stock Exchange graph it looks like you are right. Excuse me whilst I remain suspicious.

[davethechef] 15/5/2024 16:52

There wasn't a rise on the 8th?
I made a note on the 8th it ended 67.5p -1p.
I was able to top up twice on the first part of the morning of 9th on the Shares Magazine article, reported firstly at LSE then I posted the link here.
I firstly bought at 8.21am at 68.45p then 8.37am at 69.70p before it took off later that morning, afternoon

[ellipses] 15/5/2024 13:28

Thanks...



That was dated 9th May so the coincidence does not directly follow through given the rise began on the 8th.

I would still take the view that the trigger was the Issue Notice on the 8th and as such it was noticed by a third party causing the rise or the company made others aware of it prior to today's notification.

[davethechef] 15/5/2024 12:19

The rise mainly came about & coincide,on the back of the Shares Magazine recommendation " Blue-Sky" potential I believe

[ellipses] 15/5/2024 10:31

... However it is interesting to note that,



The most recent price rise began on 08/05/24 which is the date that the Issuance Notice was published but the PRN only arrived today.

There does seem to have been a degree of comment in respect of the recent rise and the reasons for it so I guess it is possible or likely that someone observant noticed the update on the USPTO page and got in early.

Otherwise it is possible that MicroSalt may have been a bit remiss in their reporting.

[ellipses] 15/5/2024 10:02

Note the use of American, month/day/year format so the Issue Notification was made on 8th of this month.

The last barrier for the approval of this one appears to have been an argument between the applicants and the examiner as to what was being claimed in respect of product adherence and the novelty around the discovery.

Also available here,




From the PRN,

MicroSalt also has counterpart patent applications as described in the Company's admission document dated 27 January 2024, with claims directed to similar subject matter as the Patent, pending in countries including China, Chile, Australia, Brazil, Europe, Canada, Japan, Russia, Mexico, India and Hong Kong.

Patent Family, does not appear to be exhaustive here,



I suppose the best one to follow in terms of monitoring progress would be this one,





Grant in the US does not guarantee plain sailing elsewhere. For example,




PATENT APPLICATION SUSPENDED AFTER PRELIMINARY EXAMINATION (FOR PATENTS WITH SEARCHES FROM OTHER PATENT AUTHORITIES) CHAPTER 6.23 PATENT GAZETTE]

Unfortunately the following site uses session cookies so you will have to use your search fu to download a copy of the document relating to that suspension...



Actually they give a non-session link in the document,



From the list given there and compared to the progress made with the US application I do not think that Salarius/Microsalt will have too many problems responding to the objections raised.

[davethechef] 15/5/2024 09:52

That's as expected & good news, but could do with a sizeable contract to continue the momentum. They'll be dips. It's been a good run from below 60p.

[oliversanvil] 15/5/2024 08:21

MicroSalt plc

("MicroSalt" or the "Company")



Patent Issuance for Novel Low Sodium Salt



MicroSalt plc, (AIM: SALT) a company producing full-flavour, low-sodium salt for food manufacturers and consumers, is pleased to announce that the United States Patent and Trademark Office has granted and will issue its patent number 11,992,034 entitled Low Sodium Salt Composition on 28 May 2024 (the "Patent"). This relates to Microsalt's patent application No. 18/175,028, previously announced by the Company on 6 March 2024.



The Patent concerns the production of MicroSalt having claims directed to a low-sodium salt that adheres better to foods than a traditional salt that is not adhered to a carrier particle, and that is produced according to MicroSalt's claimed improved production process.



MicroSalt also has counterpart patent applications as described in the Company's admission document dated 27 January 2024, with claims directed to similar subject matter as the Patent, pending in countries including China, Chile, Australia, Brazil, Europe, Canada, Japan, Russia, Mexico, India and Hong Kong.



MicroSalt also owns a previously issued United States patent directed to its salt carrier product and production processes, and a United States provisional patent application directed to additional innovations.

[pedigree_scum] 15/5/2024 08:20

Need to see some deals. Lots of chat but would be good to see a significant deal

[showme01] 15/5/2024 07:40

Multibags from current MC imo

[btgman] 15/5/2024 07:39

Today's RNS is hugely significant to Microsalt with the other countries likely to follow momentum is building here expect to test post float high's near term.

AIMHO
GLA
BTG

[trustedinvestor] 15/5/2024 07:26

MicroSalt PLC - Patent Issuance for Novel Low Sodium Salt #SALT https://www.voxmarkets.co.uk/rns/announcement/02844fde-6a2f-43e7-98fc-033175eac119 #voxmarkets undefined

[mr.oz] 11/5/2024 08:23

SALT covered to some degree
Well worth the read

[kiplig] 10/5/2024 21:02

I've done my work on this one and I firmly believe that it has phonetically to be a 20x. It is so tight what will happen on some proper good news?

[mr.oz] 10/5/2024 10:11

Nothing new reported since IPO , but something started to stir just before the Share Mag tip yesterday.
There is a chance we hear the names of one or two of those initial customers. And perhaps repeat order details

[showme01] 10/5/2024 09:13

Tight liquidity to buy. Had to fill or kill tobuy 2k worth

[master rsi] 10/5/2024 09:12

Another good move up this morning 87.50p +8p (10.06%) with a good 90K of shares traded on the 1st hour

[molatovkid] 09/5/2024 20:02

Buckle up! This one goes far and fast when it breaks (like today)....120p+ last time

[davethechef] 09/5/2024 15:57

hxxps://www.sharesmagazine.co.uk/article/stocks-to-reward-you-for-decades-to-come-searching-for-dividends-quality-and-exciting-growth-potential

[master rsi] 09/5/2024 15:38

78p +12.50pp +18.52%

Keeps moving higher as the volume has reached places not seen for some time 234K

[master rsi] 09/5/2024 11:10

Posted a bit earlier somewhere else...

Things are looking better today, though the price is back to the 67.50 to 72p movement lasting a while, if managing to break that then the move up to 90p will be the next route. A good volume buying today could break that.

[davethechef] 09/5/2024 08:28

Cheers for that report. I've picked up a few more. Just need those big contracts for the " blue- sky"!

[masurenguy] 09/5/2024 08:07

Blue sky potential: MicroSalt (SALT:AIM) 70.5p

One market minnow on a mission to reduce sodium consumption and heart disease is MicroSalt (SALT:AIM), producer of a patented full-flavour, low-sodium salt for food manufacturers and consumers that is strengthening its intellectual property position and could reward a punt if its technology fulfils its tasty potential over the next decade, though the market newcomer is no stock for widows and orphans. Revenue remains modest and the company chalked up operating losses of $2.5m in the year to December 2022 followed by a $1.7m deficit in the six months to June 2023 due to ongoing investment in the MicroSalt brand and new product formulations. Liquidity is also thin given TekCapital’s (TEK:AIM) majority stake. Nevertheless, the shares are up 65% on February 2024’s 43p IPO price in recognition of its potential to disrupt the food industry and growth scope in a global sodium reduction ingredients industry worth an estimated US$5.5bn in 2021 and forecast to reach US$9.6bn by 2032.

Management believes the £30.5m cap, whose consumer products include 50% less sodium salt shakers and SaltMe! low sodium crisps selling on Amazon and stocked on retail shelves across the pond, is well positioned to capture growth in the low sodium market and enter the larger salt market, with major, though as yet unnamed, food, drink and snack manufacturers developing and trialling MicroSalt across their products. MicroSalt also secured its first placement into the premium food service sector with Carma, a chain of restaurants in Canada, which CEO Rick Guiney said demonstrates ‘the wide appeal of Microsalt and offers a real-world example of our potential in the foodservice channel’. [JC]

Complete article:

Interesting stock although early days in its development. No position but onto my watchlist.

[lord loads of lolly] 02/5/2024 09:35

kiplig - not sure what "all the nasties" are which you claim other low sodium salts contain?

Potassium chloride is the main one out there and scientific studies have shown this to be safe:

www.ncbi.nlm.nih.gov/pmc/articles/PMC4848703/

Final paragraph reads: "Potassium chloride has gained regulatory acceptance for use in food products in the United States and European Union and also numerous other international scientific bodies and regulatory authorities. Therefore, based on the intake data, reformulation scenarios and increasing global regulatory acceptance, potassium chloride is recommended as a valuable, safe replacer for sodium chloride in food products."

There are many low sodium salt alternatives containing potassium chloride. They're manufactured by household names like Saxa and are far cheaper than Microsalt. I'm sure Microsalt's small crystal size gives it some adhesion advantages in the food processing sector. But Tate & Lyle launched a similar product - Soda-Lo - years ago and it spectacularly bombed & is now discontinued:

www.tateandlyle.com/sites/default/files/2017-08/SODA-LO%C2%AE%20Salt%20Microspheres-Sell%20Sheet%20EMEA-112216_A4_EN-GB%20(1).pdf