Tekcapital Share Discussion Threads

[hydrus] 14/8/2015 08:10

When news arrives no stock around

[battlebus2] 14/8/2015 07:09

I'm liking this new acquisition...

Acquisition of licencing rights to air conditioning efficiency patents

Tekcapital plc (AIM: TEK), an international provider of technology and intellectual property services, announces that it has acquired the exclusive worldwide licencing rights to a portfolio of nine patents for the improvement of air conditioning efficiency from the University of Central Florida. The technology is aimed at improving the efficiency of central air conditioning systems and is designed to achieve up to a 25% efficiency improvement in condenser fan operations, compared with existing air conditioning units.

The system incorporates a condenser fan design that is based on aircraft propeller design elements. The blades can also include an air-foil for improving the airflow efficiency and can also be configured to reduce noise. This technology portfolio has the potential to be incorporated into both new and existing air conditioning systems.

This intellectual property portfolio was developed and tested at the Florida Solar Energy Center (FSEC), a research institute of the University of Central Florida. The Center is staffed with world renowned researchers and scientists with expertise in engineering, energy research, building science, energy and policy analysis, and education and training.

The Directors believe that this technology portfolio represents an important, energy efficiency enhancement for air conditioning systems with the potential for market adoption via out-licensing.

Industry potential

According to the Air Conditioning, Heating, and Refrigeration institute, there were 4,499,660 central air-conditioning units sold in the United States in 2014.

The Directors believe that the central air conditioning energy efficiency improvements contemplated in the licensed portfolio may become the condenser fan design of choice, and could gradually replace the relatively flat blade design that is currently used globally.

Svetlana Shtrom, Ph.D., Director, Office of Technology Transfer, University of Central Florida, added:

"We are pleased to have licensed this excellent portfolio of energy efficient air conditioning patents to Tekcapital, an international provider of technology and intellectual property services. We are very excited about the potential for this technology to improve existing central air conditioning systems and empower the next generation of improved products."

Commenting on the announcement, Clifford M. Gross, Ph.D., Executive Chairman of Tekcapital plc, said:

"We are excited to have agreed to acquire the exclusive license to this important portfolio of patents from the University of Central Florida. We look forward to working towards commercializing this technology with leading, forward thinking technology companies that can benefit from improving their products with these advanced energy efficient, air conditioning technologies."

Tekcapital will issue 69,800 new ordinary shares of 0.4p each ("Consideration Shares") to the University of Central Florida Research Foundation as the consideration for the acquisition of the exclusive license to this portfolio of nine patents.

Application will be made for the Consideration Shares to be admitted to trading on AIM, which is expected to become effective on or around 21 August 2015. The Consideration Shares will rank pari passu with the Company's existing ordinary shares in issue.

Following the issue of the Consideration Shares later this month, Tekcapital will have in issue 34,748,339 ordinary shares of 0.4p each with one voting right each ("Ordinary Shares"). The Company does not hold any Ordinary Shares in treasury. Therefore the total number of Ordinary Shares and voting rights in the Company will be 34,748,339. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

[pj 1] 29/7/2015 09:07

Maybe a read across to baked product patent with the changing food chain, although on a shorter time scale I suspect (not inferring any take over)

Google tried to buy a meatless burger company (and was rejected)
The tech titan's offer of up to $300m for Impossible Foods was spurned by the burger maker, according to reports

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This juicy burger is an entirely meat- and dairy-free product
By Lauren Davidson12:08PM BST 28 Jul 2015 Comments4 Comments
Google has reportedly been trying to take a bite of the burgeoning sustainable food market by bidding to buy Impossible Foods, a company that makes meatless burgers.
The tech giant's offer of between $200m and $300m was rejected by the sustainable food company because the price was not high enough, according to The Information, which first reported the story.
Impossible Foods uses plants instead of animal products to make cheeseburgers with the same smell, taste, texture and nutritional benefits but without the unhealthy and environmentally destructive side effects.
The Redwood City, California-based company has raised $75m in venture capital from Khosla Ventures – the fund that has also backed dating website HowAboutWe, crowdfunding platform IndieGoGo and wearable device maker Jawbone – as well as Bill Gates, Li Ka-shing's Horizons Ventures, Google executive Tony Fadell and Google Ventures, which acts independently of Google.

Patrick Brown, the 60-year-old Stanford University biologist and physician who founded the company, told the Wall Street Journal last year that "livestock is an antiquated technology” and a "completely unsustainable" system with "terribly destructive environmental consequences.”
Impossible Foods is one of a cluster of companies trying to redesign food consumption before the soaring global population and rising wealth extinguish the world's supply of natural food.
Bill Gates wrote on his blog: "The demand for meat will have doubled between 2000 and 2050... because economies are growing and people can afford more meat.
"Put simply, there's no way to produce enough meat for 9bn people. Yet we can't ask everyone to become vegetarians... That's why we need more options for producing meat without depleting our resources."

Hampton Creek, which produces eggless mayonnaise and cookie dough, has raised $120m from a variety of investors including Khosla Ventures and Horizons Ventures.
Other competitors trying to disrupt the global food market by producing sustainable, healthy food alternatives include Beyond Meat, Modern Meadow, Bright Farms, Unreal Candy, Nu-Tek Salt and Soylent, the nutritionally complete liquid food substitute.
Google had not yet returned a request for comment.

[pj 1] 16/7/2015 10:41

Normal service resumed? and lumped togetehr again. Maybe co-incidence

[sja123] 14/7/2015 11:38

Punters prepared to pay 48p for these last week....special offer today 10% off...but I don't think it will stay that way for long!

A few buyers moving in now...

All IMO etc

[battlebus2] 09/7/2015 15:07

Anticipation of news :))

[speedsgh] 09/7/2015 14:49

Last time i give my broker an order to buy At Best! ;-)

[pj 1] 09/7/2015 14:32

Maybe a 3 month prediction? ;-)

[hydrus] 09/7/2015 14:25

Did someone really just buy 50,000 at 73p? Looks like a trading error of some sort

[pj 1] 08/7/2015 09:20

It doesnt look like traders though, lumps of 5k and 10k?

[sja123] 08/7/2015 09:13

Not sure whether anyone saw this piece from Zak Mir....or how much credence one gives to his charting skills....but he is putting chart resistance here at around 60p to be achieved within the next couple of months....

[pj 1] 08/7/2015 08:40

Ah, Its not you then BB2? Ill cross you off the list. Next!

Makes you wonder though BB2

[battlebus2] 08/7/2015 08:38

Maybe lol, Friday morning will tell a tale!!. Could be a deal close here with the continued rise in the share price.

[pj 1] 08/7/2015 08:35

Strange how buys recently have been lumped together each day. Its almost as if someone is reducing and taking profits elsewhere to build in TEK.

Or maybe Im watching the screen too much? :-0

[battlebus2] 30/6/2015 19:01

No wonder it was oversubscribed :))

Just a great share and one of few that were blue today.

[pj 1] 30/6/2015 18:48

6/5/2015 rasied £2 million net

Accompanied by-

''The Placing, which was conducted by Allenby Capital Limited and Optiva Securities Limited, was oversubscribed...................

......We are also continuing to see several extremely interesting technologies in the market place that we believe are suitable for out-licence and have the potential to realise significant value for our shareholders''

:-))

Regards

PJ

[davemac3] 30/6/2015 17:11

they had a placing about 6 weeks ago

[the stigologist] 30/6/2015 10:48

Ramp before a placing

[speedsgh] 30/6/2015 10:45

New Proactive Investors video interview (7m13s)...

TekCapital CEO sees huge opportunity in wearable tech -

TekCapital (LON:TECH) CEO Clifford Gross tells Proactive Investors that he sees a lot of opportunity in sub-licensing their new energy-generating technology, piezoelectric, to other companies as demand for wearable technology grows. “The uniqueness of this technology is that it is able to generate fairly large amounts of power with simple human movements such as taking a step or bending and this power can be captured, stored and converted into DC power.. to recharge other devices,”he said.

Gross estimates the wearable technology market will grow to $35bln by 2020 and notes that all of those devices will need power. “We are bringing together two unrelated technologies to solve a very common problem, we’re attempting to package it, develop a prototype and sub-licence it to major parent companies” he said.

[speedsgh] 29/6/2015 10:37

Interesting acquisitions to add to the existing portfolio. Look forward to eventual news of one of the acquisitions being licensed out. That is where the next major share price movement will emanate from imo.

[pj 1] 29/6/2015 10:24

Yes certainly extremely interesting yet we need to remind ourselves there are 100s if not 1000 companies chasing this goal.

The massive market for this would be for mechanical transportation. The average car has over 3 kms of cabling, imagine the cost savings there if vibration can be harnessed and cost effectively brought to Market!!

Arguably Toyato and BMW seem to be leading the chase.

[treeshake] 29/6/2015 10:16

This is all great news. One of my other stocks CPX makes super capacitors that make use of these harvesting devices all for the Internet of Things (IOT)