Microsalt Share Discussion Threads

[mr.oz] 21/2/2024 10:14

Excerpts from Oak Bloke analysis

"Microsalt has two patents essentially. The first is for the method of using nanoparticles. That patent is granted in the US (until 2030) and pending in a dozen major other countries including the UK, China, Oz, Brazil, Canada, India, Japan, Mexico and Russsia. So that covers about 3 billion people

A 2nd patent (also pending) is part of the UK’s Salt reduction targets specifically covers bread products. SALT has a patent pending specifically for sodium reduction for bread products"

[mr.oz] 21/2/2024 10:07

Excerpts from Strategy

"Having secured commercial orders from Customer B, the Mexican business of one of the world's largest food, soft drink and snack manufacturers, and Customer A, a national Fortune-500 pharmacy / food retailer, for use in their crisp and salted nuts lines, the Board see a clear path to sales growth in its higher volume B2B business. The Company expects to announce new orders and new customers, primarily based in the US, in the coming period.

MicroSalt is in early-stage discussions with three of the largest UK supermarkets to use MicroSalt technology in their own-label products, as well as suppliers of ready-meals and a fast food burger company"

[purchaseatthetop] 21/2/2024 09:30

Retirement. They don’t have massive interest. They have a potential tier one customer but they also say it is 18 months from starting development and having an actual product. The company has been going for three years and revenues are low with a gross margin of 30%. It’s salt. It’s a commodity and the useful application is surface salt such as crisps. Not in most foods.

Tekcapital gave up trying to sell the IP and now have a nice story. But a real future? Don’t think so.

[retirementfund] 21/2/2024 08:51

Now they have massive interest.

[purchaseatthetop] 21/2/2024 07:42

Tekcapital have been trying to get interest since 2016. Argue with that!

[mr.oz] 21/2/2024 07:32

You could visit the website to understand more


Must Watch Presentation:

And there's another thread with more info, if this one gives you the ick

[mr.oz] 21/2/2024 07:30

Must Watch Presentation:

[btgman] 21/2/2024 07:30

Facts are major food companies are ordering Microsalt.

If you believe salt's major aim is to preserve food I suspect you must have been living on the moon.

6 years is a lifetime in the food industry, they have further significant patents in that last way way beyond 6 years. There are many brands where patents have ran out that sell billions.

If Microsalt captures just 1% of the sodium market this will be an absolute telephone number.

Such a low market cap at these levels, one RNS regards major food company and these will be multiples of current price.

AIMHO
GLA
BTG

[purchaseatthetop] 21/2/2024 06:04

No truant. It’s not low sodium salt. Its is micro sized salt particles so you get more surface area of salt for the same amount of salt. It means it has a saltier taste with less salt because it dissolves on the tongue quicker than larger particles.

However, there are some problems….

1) the food industry mostly does not use salt to make food taste nice. It is there to preserve the food. Size of particle is not important there.
2) the USP of Microsalt is that it is 100th of the size of normal salt size. But micro sized salt already exists. This Microsalt is smaller than microfine salts but only by a much smaller amount.
3) they have been trying to sell this tech since 2016 but nobody wanted it. The food mega companies have had a decade to jump in.
4) the patent runs out in 6 years so that’s game over.

So basically this looks like a final attempt to get some cash out of it.

[weatherman] 20/2/2024 21:45

I've not seen any financial projection for this - is there one?

[mr.oz] 20/2/2024 20:49

They already have landed orders from Tier 1 manufacturers

[kiplig] 20/2/2024 20:37

@papillon, I concur. Your message brought back very fine memories of Carl Gardner, a wonderful school teacher who instilled in me that the molecular formula for salt was indeed NaCl. Not to be mistaken with the molecular formula of vinegar of course which was Ch3COOH - I'm just showing off here, but o may be on to something because salt and vinegar is an extremely popular variety of potato crisp - a perfect market for microsalt.We can argue all we want, and it's utterly irrelevant. The ultimate test is if they land a deal with a major food company. They'll know their stuff and that will provide all the validation we require. Let's wait and see!

[btgman] 20/2/2024 15:19

Big drop for 300k shares traded, lets see what happens as the buyers come in, very little stock around. Market cap is still very modest given the size and scale of the market. One significant RNS will transform this

AIMHO
GLA
BTG

[bountyhunter] 20/2/2024 15:01

The idea is that you need 50% less salt (so half the sodium) for the same level of saltiness due to the 'micro' particle size. The title should probably say natural saltiness!

[papillon] 20/2/2024 13:27

👍 well done halfpenny. SALT was definitely overbought.
It's a share for traders. It's not a long term hold. Not at the moment. It's technology is, as yet, unproven revenue wise. It could turn out to be a fantasy, like most other AIM and Standard List shares. Very speculative.

[halfpenny] 20/2/2024 13:08

Nice gains on hype made but Now out as falls back to 50p fair value until proven further.

Can fall quickly so be aware, too risky now.

[halfpenny] 20/2/2024 13:06

TEK falling 10p tested.

[pugugly] 20/2/2024 12:29

Minnow - Low free float - So likely to be very volatile.

[mr.oz] 20/2/2024 12:00

Looking for this to settle down, sometime ahead of when Rick is presenting next week.

[purchaseatthetop] 19/2/2024 05:59

The application was Sept 23. It will appear on the US patent searches around March 25 as you say. Patent will be granted around 2029!

[ellipses] 18/2/2024 22:02

Are we still talking about this patent re baked goods? Presumably not?

Whilst they give a number, 63/580,590, it does not as yet appear in Google Patent Search and the USPTO is a nightmare to navigate. Given it was filed last September it might not have worked its way through the system and will not be publically available for viewing for at least 18 months.

Don't forget to differentiate between application and grant.

[bountyhunter] 18/2/2024 21:18

Are we still talking about this patent re baked goods? Presumably not?

7 September 2023
Tekcapital plc MicroSalt files New Patent to Improve Baked Goods