Biofutures Share Discussion Threads

[mattjos] 15/1/2013 21:46

serratia .. it's an interesting debate, I acknowledge (as the inventor of several patents in several territories, that I and indeed others, now successfully commercialise).
Still very early doors here .... i believe an 'open source' approach to the material invention itself will be beneficial on a global basis and that more application specific patents will prove extremely profitable for some companies in years to come but, as i am sure you are very well aware, it can prove to be a long road to enduring profits

[serratia] 15/1/2013 20:43

Hi Mattjos,

It's not expensive to register and maintain a patent.In a company I ran we patented key countries.As I remember if you don't patent in say a devloping country they can make and use the invention in non patent countries only.This means places like the states couldn't ignore the patent if they used products covered by a patent they break the law.
I agree on policing.You don't do anything in the early years as nobody is making money at that stage.At a stage when it's doing well you licence the patent with deep pockets.
I would have taken out the patent.

[mattjos] 15/1/2013 20:25

better to patent a specific application of the material and thereby be able to utilise some definitive claims in said patent or, patent a method by which you make make the material itself, than attempt to patent the material itself.
It would take hugely deep pockets to both police and enforce a patent on such a globally important material & an organisation such as a university would go bust trying to defend it long before it even got to court.
serratia, it is not that expensive to draft & submit a patent as you say ... the real costs will only become apparent at the commercialisation stage and during the defence stage. They made a completely correct decision, imo.

[serratia] 15/1/2013 11:05

I think it was a big mistake not to patent graphene.It's not that expensive to write/maintain a patent.In the future they could licence the patent to a major player and as they invented it the patent would predate others.
Other companies can patent applications in their own right but would have to pay a royalty to the uni.The uni patent would be easy to defend as it's a composition of matter patent and underpins everything.
Very sad.

[leedskier] 15/1/2013 10:15

pilot it is true. It is known that the US companies just ignore overseas patents and let the overseas patent holders sue them if they think they can prove a breach. The litigation takes years and costs a fortune. Look at the recent litigation between Apple and Samsung. How could any British academics get involved in that game?

[pilot48] 15/1/2013 09:46

Interesting info on graphene patents - main applicants, areas of focus etc.

[pilot48] 15/1/2013 09:39

You haven't yet patented graphene. Why is that?

[Andre Geim] We considered patenting; we prepared a patent and it was nearly filed. Then I had an interaction with a big, multinational electronics company. I approached a guy at a conference and said, "We've got this patent coming up, would you be interested in sponsoring it over the years?" It's quite expensive to keep a patent alive for 20 years. The guy told me, "We are looking at graphene, and it might have a future in the long term. If after ten years we find it's really as good as it promises, we will put a hundred patent lawyers on it to write a hundred patents a day, and you will spend the rest of your life, and the gross domestic product of your little island, suing us." That's a direct quote.

I considered this arrogant comment, and I realized how useful it was. There was no point in patenting graphene at that stage. You need to be specific: you need to have a specific application and an industrial partner. Unfortunately, in many countries, including this one, people think that applying for a patent is an achievement. In my case it would have been a waste of taxpayers' money.

[fireplace22] 15/1/2013 09:02

Just on BBC breakfast programme amazed that Manchester Uni have not patented it.

[silax] 15/1/2013 08:58

Graphene also mentioned on Radio 4 this am...

[frank1e] 14/1/2013 22:41

Finding it very difficult to understand how they are going to be able to possibly produce 2,000 tons/yr within a few years time.

So far all the research I have seen has stated how difficult it is to produce graphene in any meaningful quantity for commercial use.

Below are just a few links to companies that are supplying graphene and some prices for what looks like tiny amounts of it!



I think these guys are very smart cookies and exciting times for BIP shareholders beckon.

[leedskier] 13/1/2013 23:10

Published on 10 Jan 2013
Novak Djokovic secretly tested his new HEAD Graphene™ Speed racquet during his preparation for the new season -- with some very surprising results. Here is the reveal of what actually happened on-court during the secret test.

Ultimate Speed from HEAD just got faster!





Even Maria is testing one ...;


Though the explanation is in the video, let me explain why this material is so important to tennis rackets. In order to have power in your shots with less effort, the weight of the tennis racket must be focused on the tip part and the grip portion of your racket. However, previous rackets were unable to do so because normal carbon would just break or crack in the middle where there is not enough strength to support the weight of the ball's impact. To solve this problem, HEAD got a material called Graphene which is a material that is described extremely light but harder than a diamond. Now I'm not a Graphene expert so I don't want to get too carried away, but I did find a site that basically explains everything about that material which you can check that out here.

I personally am extremely excited about this racket. I'll be testing the HEAD Youtek Graphene Speed MP racket whenever it is available for demo play, and I will be posting a review on it on this blog. Please let me know if you have this racket, and if so please share your review with us!

Now, the only available rackets which are using this material are the HEAD G Speed (top) and HEAD G Instinct (bottom) series. I've got to say, HEAD rackets have some of the best paint jobs and racket qualities in the world.

[leedskier] 12/1/2013 21:47

Juzer Jangbarwala

Chief Technology Officer, Platinum NanoChem Sdn Bhd

Mr. Juzer Jangbarwala, has a Chemical Engineering degree from Lehigh University, Bethlehem, PA - USA and runs a technology incubator in the US. He has proven track record in the US for developing and commercializing his patented processes in the field of nanotechnology, catalysis and specialty water treatment. He has developed and scaled up a patented process to convert biogas and other waste generated from palm oil processing to zero carbon footprint graphene hydrogen. He has established a base in Malaysia to commercially integrate nanotechnology with the unique and extensive palm based waste intellectual property owned by Platinum Nano Chem., Malaysia. Platinum is building the worlds largest graphene plant utilizing the licensed technology to make exceptionally high value oleo chemicals to enter markets previously unavailable due to physical characteristics. Among the targeted products are graphene enhanced high temperature lubricants, oilfield chemicals and polymer composites for light-weight rugged vehicles and devices for automated fruit harvesting.

[capt bligh] 11/1/2013 15:03

Thanks Leeds ( pay attention at the back !)... well perhaps they can boost the valuation to Pure Circle's 450 Mill£ lets hope... the platinum board is a very impressive group. 35p a share would be nice.

[leedskier] 11/1/2013 12:48

Need to add the 166.45m already in issue to those projected to be issued in the reverse take-over in this all share deal for the unlisted Platinum ...NB those shareholders in Platinum will be locked-up for 12 months ...


leedskier 11 Dec'12 - 09:01 - 4947 of 5087 0 0 edit

Malaysia runs a pretty tight ship, even ABT's shares were suspended for an hour this morning.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS ASIA BIOENERGY TECHNOLOGIES BERHAD ("ABT" OR "THE COMPANY") - PROPOSED DISPOSAL OF 1,143,434 ORDINARY SHARES OF RM1.00 EACH, REPRESENTING 1.56% OF THE TOTAL ORDINARY SHARES, IN PLATINUM NANOCHEM SDN BHD (FORMERLY KNOWN AS PLATINUM ENERGY SDN BHD) TO BIOFUTURES INTERNATIONAL PLC ("BIP") FOR A TOTAL CONSIDERATION OF £999,107 (EQUIVALENT TO RM4,841,673) ("PROPOSAL")

ASIA BIOENERGY TECHNOLOGIES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description ASIA BIOENERGY TECHNOLOGIES BERHAD ("ABT" OR "THE COMPANY")
- PROPOSED DISPOSAL OF 1,143,434 ORDINARY SHARES OF RM1.00 EACH, REPRESENTING 1.56% OF THE TOTAL ORDINARY SHARES, IN PLATINUM NANOCHEM SDN BHD (FORMERLY KNOWN AS PLATINUM ENERGY SDN BHD) TO BIOFUTURES INTERNATIONAL PLC ("BIP") FOR A TOTAL CONSIDERATION OF £999,107 (EQUIVALENT TO RM4,841,673) ("PROPOSAL")


The Board of Directors of ABT wishes to announce the execution of a Share Sale Agreement ("SSA") on 10 December 2012 between Biofutures International Plc. ("BIP") and the various vendors of Platinum Nanochem Sdn Bhd (formerly known as Platinum Energy Sdn Bhd) ("PNSB"), including ABT (hereinafter referred to as the "Vendors"), for the sale by the Vendors and the purchase by BIP of the entire issued share capital of PNSB comprising of 73,481,290 ordinary shares of RM1.00 each, 4,000,000 redeemable convertible cumulative preference shares of RM0.10 each ("RCCPS") and 15,000,000 redeemable convertible cumulative preference shares of RM1.00 each ("RCCPS B") (hereinafter referred to as "Sale Shares"), for a total consideration of £80,808,081 ("Purchase Price") to be satisfied by the issuance of 1,154,401,154 fully paid, new ordinary shares in the share capital of BIP ("Consideration Shares").
Please refer to the attached announcement for detailed information.
This announcement is dated 11 December 2012.



ASIABIO-Trading Halt

ASIA BIOENERGY TECHNOLOGIES BERHAD

LISTING'S CIRCULAR NO. L/Q : 66735 OF 2012

Kindly be advised that trading in the above Company's shares has been halted with effect from 9.08 a.m., Tuesday, 11 December 2012.

Trading in the shares will resume with effect from 10.08 a.m., Tuesday, 11 December 2012.

Your attention is drawn to the Company's announcement dated 11 December 2012.

[leedskier] 11/1/2013 12:45

I will find you the post ... on the old BB

[capt bligh] 11/1/2013 12:08

Bit behind the curve here ...sorry..where did you get the 1.32bn shares from leeds.

[leedskier] 11/1/2013 11:08

add:

I have copied and pasted the relevant post ...

madmick 24 Dec'12 - 14:03 - 5061 of 5087

Well they are telling us the new Co. is valued at £80.8m = 7p per share,
so that's gain or loss of £11,542,857 per Penny movement.
So!
Leeds @ 5.5 is expecting it to lose £17,314,285 quite a loss

BSG @ 3.0 is expecting it to lose £46,171,428 ouch!

I do like robs though +2p £23,085,714 gain nice!
Quite big valuation moves, will be interesting to see how the market see it.
I will go for 7.5p close

[leedskier] 11/1/2013 11:01

c b I think we gave our views on the 'old' BIP BB. I will have a look for the links and post them later. Assuming there are to be 1.32bn shares following the RTO, the market cap on merger needs to be £40m for the share price to be at the price prior to suspension.

[capt bligh] 11/1/2013 09:01

We ought to have competition as what price this comes back to the market...or perhaps what the market cap of new co will be might be a better metric. Bip was 5 mill.


I say new co. 35million

[capt bligh] 11/1/2013 07:14

This all very exciting...have a look at Pure Circle where platinums directors have created a 450 million pound Mc co (still loss making) out of a natural sweetener.

[leedskier] 09/1/2013 19:04

California Lithium Battery (CalBattery) say that their GEN3 anode material (siliocn-graphene based), when used with advanced cathode and electrolyte materials, increases energy density by 3 times and specific anode capacity by 4 times over existing LIBs. CalBattery has been working with Argonne National Laboratory (ANL) to commercialize a novel lithium battery anode material.

In independent full cell tests, the material shows unrivaled performance characteristics: an energy density of 525WH/Kg and specific anode capacity 1,250mAh/g. Just to compare, most commercial LIBs have an energy density of between 100-180WH/kg and a specific anode capacity of 325mAh/g.

CalBattery is now attempting to commercialize this technology. Within the next 2 years, the company plans to both produce and sell its si-graphene anode material to battery makers, and produce their own high-end specialized batteries in low volume.

[leedskier] 09/1/2013 19:02

Graphene boosts the efficiency of artificial photosynthesis systems

Energy generation Graphene applications Technical / Research
An artificial photosynthesis system converts sunlight into chemical energy (as opposed to a PV/solar system which produces electricity). Such a system could be used to produce renewable fuels - but developing an efficient system is very challenging. Now researchers from the Korea Research Institute of Chemical Technology and the Ewha Womans University in Seoul have discovered that a graphene-based photocatalsys could improve the efficiency of such a system.

The researchers coupled graphene to a porphyrin enzyme. The resulting material converts sunlight and carbon dioxide into formic acid. This material is highly functional in the visible light spectrum, and its overall efficiency is significantly higher than the efficiency of other photocatalysts.