Microsalt Share Discussion Threads

[mr.oz] 23/7/2024 12:28

UK news group got wind of the Jack Stein piece

[mr.oz] 19/7/2024 08:34

this is the best podcast for a while, imv
Nothing particularly new, but reiterates position that they are working with majors in UK , US and Mexico. And that the product is in use, and that they are close to being able to speak about it

[pugugly] 17/7/2024 06:31

Wonder how much the PR cost them?

[weaverbeever] 17/7/2024 06:08

Great. But where is news of big orders with global food companies

[oliversanvil] 02/7/2024 14:37

Not good !

[oliversanvil] 24/6/2024 10:27

Then only sprinkle half as much !

[davethechef] 13/6/2024 06:57

Americans love their "chips" (crisps!)
Anything contributing to getting their products/ name out there, has to be a positive addition

[davethechef] 13/6/2024 06:32

hxxps://reviewed.usatoday.com/cooking/content/thrive-market-review-organic-online-grocery-worth

Thrive Market reviewed link

[kiplig] 11/6/2024 04:08

Investors Chronicle on MicroSalt.Fantastic to be picked up by IC. hxxps://www.investorschronicle.co.uk/ideas/2024/05/30/microsalt-s-winning-formula-has-substance/#:~:text=Scaling%20up%20B2B%20sales%20key,two%20major%20food%20manufacturing%20customers.

[davethechef] 07/6/2024 09:47

hxxps://youtu.be/Uirpm4TfFd0
CEO interview

[purchaseatthetop] 02/6/2024 15:05

Correct mr oz. I used to be able to take sells in SYME, MOS, EUA etc. no chance of that happening now. Market has closed.

[mr.oz] 02/6/2024 15:04

IG are only allowing positions that close an open deal for a large number of AIM shares at the moment. Hence its impossible to go long or short on SALT

[jaknife] 02/6/2024 14:22

kiplig,

"If you don’t believe, then don’t buy the stock - or short it of you’re that passionate."

FWIW it's impossible to short SALT, but even if it wasn't, it would be reckless to short it at this point in time.

Firstly note that no entry has been created at ShareTracker:



So no one (market markets apart, since they are excluded from having to disclose) has shorted more than 0.5%.

Also note that IG have zero positions (long or short) in SALT:



And since IG are prime broker to SpreadEx then neither do SPX, hence the top two spread bet providers in the UK have zero positions.

But the biggest reason why no one should get involved on the short side is that the free float in SALT is miniscule. TEK own 77.1% of SALT and the next three shareholders own another 8.4%. Less than 15% of SALT is considered to be free-float, which is very small and thus dangerous to short.

It does of course also point to one of the reason why SALT would be a good short - because in time TEK Capital will have to crystallise their shareholding, just like they've done with the likes of Lucyd and Belluscura. But that's not a good enough reason on its own to try.

JakNife

[purchaseatthetop] 02/6/2024 11:59

I know. But it is fun to debate the issues.

[kiplig] 02/6/2024 11:48

Correct! It has none of the nasties - which is the key differentiater to the other low salt products.Look, if the product was rubbish, then Fortune 500 companies wouldn't be trialling it and using it. So we must accept the product has merit. How successful will it be? None of us can ultimately know - but I'm extremely happy with the progress that appears to be getting made. Only time will tell. I'm a believer so hold the stock. If you don't believe, then don't buy the stock - or short it of you're that passionate. Only time will tell - and is arguing about it on a BB will have zero impact on that outcome!

[purchaseatthetop] 02/6/2024 06:39

Kiplig. I am not Jaknife but you clearly don’t know the product!

It contains salt and the carrier maltodextrin. Not just salt. The process is the salt and maltodextrin are dissolved and then dried really quickly so the salt forms on the carrier particle.

Glad to help.

[kiplig] 02/6/2024 06:18

jakNife. You are bang on here - your Google search will show that there are plenty of low Sodium substitute salts - why have none of them taken off, given we all agree that lowering sodium is important to health?The answer? Look into hen ingredients list of every one of these salts. They're filled with additives - most commonly Potassium, but there are others, and these have an aftertaste or are not healthy. This is THE USP of Microsalt. There is none of this. There is no aftertaste because it is simply salt - just in finer particle size.Let's not argue. Let's just wait and see. I accept progress has been a little slower, but they're dealing with global major companies who work to their own timings. The important thing is that it's still very much live - if the testing had failed and the trials terminated then this would be announcable under AIM rules, so we know it's all u detest.

[mr.oz] 01/6/2024 23:24

Taste is paramount

Hence this shre isn't for widows, orphans or patt/jak

[btgman] 01/6/2024 22:33

PATT/Jack I'm assuming you're one and the same.
You are right I am amazed that none of your low sodium metal tasting substitutes appear to have any traction reducing sodium with any of the world's leading food and snack manufacturers.
AIMHO
GLA
BTG

[jaknife] 01/6/2024 19:01

btgman,

"in essence you are correct it is just Salt. Salt that reduces sodium content by 50%. Would you care to explain how food companies will reduce sodium content while maintaining the same flavour without using Microsalt."

Have you tried typing "Low Sodium Salt" into Google?

On the face of it you are going to be completely amazed at how many existing buying options already exist!

JakNife

[purchaseatthetop] 01/6/2024 17:38

Btgman.

There are many other micro salts that are not quite as small as your Microsalt. The question is does ever decreasing size of salt particle generate value? Actually it creates problems because it makes the salt very vulnerable to moisture.

The food companies largely use salt for preservation of food snd size of particle does not impact that. On things like crisps they do not need the smallest salt particle. Just a small one. Of which there are lots.

Once again, the drop in sales suggests that there is not a massive need but that is my view only.

[btgman] 01/6/2024 17:29

PATT
in essence you are correct it is just Salt. Salt that reduces sodium content by 50%. Would you care to explain how food companies will reduce sodium content while maintaining the same flavour without using Microsalt.
If you know the answer to this question you might gain some credibility otherwise you look weak
AIMHO
GLA
BTG

[purchaseatthetop] 01/6/2024 16:47

Kiplig. Yes, and revenue actually fell from $640k in 2022 to $574k in 2023!

It’s just salt. A commodity sold in tens of thousands of tons. It’s not exciting. Surely the drop in revenue suggests strongly that the trials are not turning into contracts? The recent statement saying that revenue is slower than hoped for 2024 does not give excitement. And the main patent runs out in five years.

By all means retain great hopes but when they RNS a chain of ten restaurants taking some salt you know news is slow!

[kiplig] 01/6/2024 15:58

PurchaseAtTheTop - you're doing the same thing as JakNife. They are developing a product and trialling it with clients - it is too early to measure progress by revenue. This is precisely the model of natural resource companies or biotech or emerging tech plays. They all suffer losses because they invest funds proving up their product. Oil companies drill exploration wells, drug discovery do FDA trials, Uranium companies explore.... These companies have no revenues yet can have huge valuations. Why? Because they are increasing probability of success, that's why. Let's not bicker. I'm a believer, you're not. That's absolutely fine. In every stock that trades there is a buyer and a seller. One will get it right and one will get it wrong, but let's not try to spook people.