Microsalt Share Discussion Threads

[purchaseatthetop] 05/3/2024 13:57

Mr.oz. Don’t get too excited. They have been saying the same thing for years….

[mr.oz] 04/3/2024 21:21

Next 3-4mnth period going to be pivotal imv

In this time, Customer A likely going to be known. Their Microsalted own brand nut snacks in over 800 stores, will be extended to all 9000 stores, aswell as bilateral roll-out of salt shakers.
Linked Customers B/C expansion on the first 29t order to be cemented by both ramping up their development paths with further/first POs
Customer D's is expected to raise first PO by mid year for inclusion in their Tortilla snack
Customer E also coming on stream around Summer for their Frozen foods items

What'll hopefully be very evident by then, will be the truly exponential range of use to which Microsalt can be deployed

[trustedinvestor] 04/3/2024 13:35

Clueless - you need to do some homework. Filtered

[halfpenny] 04/3/2024 10:30

Too Risky at these levels expect further falls down to earth.

Some say 40p or even less.

Alternative solutions are already available. !!

[pdt] 02/3/2024 14:59

I rewatched the LSE presentation. I had missed the bit where they talked about one of the world's largest QSR chains testing microsalt in their buns and were very excited about the results. They could make them quicker due to microsalt's reaction with yeast as well as the benefit of Sodium reduction.

McDonald's for example is one of the largest chains selling 18 billion buns per year. And if one chain adopts it and claims they are the healthiest it will likely force the others to adopt. That's some 50 billion buns a year for the top 3. Normally they have about 0.6g salt per bun so I assume that Microsalt would be selling 0.3g of salt per bun.

Although I assume the wider bread market itself is a bigger market the marketing spend is likely to bigger by a fast food chain.

Interesting times. Hopefully some announcements over the next 3 or 4 months.

[mr.oz] 01/3/2024 13:27

Another good introduction to MicroSalt from Rick.

[master rsi] 28/2/2024 23:31

93.50p +3.50p (3.89%)
The bounce is on for Microsalt

[mr.oz] 28/2/2024 17:42

Or.. (people think) ...Guident and TEK need money.

[purchaseatthetop] 28/2/2024 17:33

TEK which owns 85% of SALT is now valued after today’s crash at less than the theoretical value of their SALT holding. That gives you 99% confidence that SALT is going to fall.

[davethechef] 28/2/2024 15:25

Interesting Master RS1, thank you for explanation. Hopefully 90p is the floor & set for recovery.
Get a feeling more positive news isn't too far down the line..

[master rsi] 28/2/2024 14:50

22,224 rollover and paying Brokers with 45 shares = £40.50
so gets only 22.179 -45

[master rsi] 28/2/2024 10:59

Thanks "mr.oz"

A good size buy earlier 7K also well over MMs size

10:30:36 95.40p 7,052

[mr.oz] 28/2/2024 10:11

Very good MasterRSI 👍

[master rsi] 28/2/2024 09:41

From the "UPS" thread not long ago...
KEEP an EYE
SALT 90.50p (88 v 93p )

After the large rush to the sky, It looks like the retracement is done and now looking on the way up, buyers are appearing and MMs are ready to mark the stock higher. The stock is well bid with 25K @ 89.25p and only offering 5k @ 92.

[mr.oz] 28/2/2024 07:06

Are we to think this is Customer D?
Gone beyond consumer testing in the cycle, now approaching purchase planning after ongoing testing ?

[pdt] 27/2/2024 20:36

Nothing new in tonights webinar but they were still very upbeat. Just back from a 5 day Food Show in Dubai. I assume it was this one which says it is the world's largest Food event.

The advantages for bread were mentioned being both lower in Sodium and quicker to make. Burger buns were given as an example. And the breaded bit of chicken nuggets being high in salt currently.

It sounds like progress is being made with the UK Supermarkets. They mentioned being on an online meeting with both the Retailer and the manufacturer (presumably own brand ready meal makers).

Kept stressing how easy it was with minimal reformulation. And fielding enquiries about how easy was it to set up manufacturing in Mexico and Poland for example.

I think news is coming but they are constrained by needing to fall in line with the PR departments of the big multinationals.

Positive but it is going to take time I think to become established I feel. As an investor I am happy to be patient for this one.

[mr.oz] 24/2/2024 11:42

Lowering the sodium in our foods is no longer the hurdle it used to be for manufacturers

[purchaseatthetop] 21/2/2024 17:20

I prefer to look at the figures.

In the year to 31/12/22 revenue of $680k with a gross margin of $197k so only 30%. It just not very exciting.

[mr.oz] 21/2/2024 13:49

Please also copy paste the admission document's B2B customers A,B,C,D,E progress on that timeline

[purchaseatthetop] 21/2/2024 13:21

Page 26 of admission document…

“customers' new and existing product lines.
The Company's estimated lead time from introduction of an ingredient into the R&D departments at food ingredient and FMCG groups, through to a finished retail product, is approximately 18 months”

[purchaseatthetop] 21/2/2024 11:27

Any licensing income goes into Microsalt Inc. a 92% owned US company. They have the IP rights.

Admission Document:
“13.1.11
Intercompany license agreement between the Company and the Subsidiary
On 22 October 2020, (as amended on 17 July 2023) the Company entered into an intercompany license agreement with the Subsidiary pursuant to which the Company grants to the Subsidiary an exclusive licence to the "Intellectual Property Rights" to develop, make, manufacture, have made, use, sell, have sold, import, export, lease, otherwise transfer, and/or offer for sale products) covered by the '650 Patent and US patent application 16/535,703. The Subsidiary is also granted the right to sublicense its rights under the licence either exclusively or non-exclusively as it sees fit. The licence is stated to be revocable on termination of the agreement, which may be terminated for material breach, insolvency, or if the Subsidiary challenges the validity or enforceability of any of the licensed intellectual property rights.
In consideration of the licence grant, the Subsidiary agreed to pay the Company: (i)
US$1.00 plus 100 per cent. of its initial issued shares; and (i) a royalty payment equal to three per cent. of net sales of products that incorporate the licensed intellectual property rights payable quarterly for the term of the agreement. In addition, upon the successful license or sale of the licensed patents, the Subsidiary agreed to pay US$13,000 to the Company plus 30 per cent. of all future net sales or licensing income derived from the licensed patents. There are no termination provisions.”

And:
“13.1.14
Assignment agreement between the Company, Ya-Jane Wang, Sakharam K. Patil and S K Patil & Associates, Inc.
On 1 June 2016, the Company entered into an assignment agreement with Ya-Jane Wang and Sakharam K. Patil, and S K Patil & Associates, Inc. ("Assignors") under which the Assignors assigned to the Company all their right, title and interest in and to the '650 Patent and the invention protected by it. The consideration for the assignment was US$5,000 and the Company further agreed that upon the successful license or sale of the '650 Patent, it would provide US$13,000 to the Assignors plus 30 per cent. of all future net sales or licensing income derived from the '650 Patent. There are no termination provisions and no governing law provisions.
On 1 June 2018, the Company entered into an amendment agreement with the Assignors in respect of the assignment agreement dated 1 June 2016. The amendment agreement added that if the Company or any company within its group decides to manufacture and/or sell the patented salt or foods that utilise the patented salt, then the Company is required to pay a royalty of three per cent. of net sales of products that utilised the patented technology for the life of the 650 Patent. There are no termination provisions”

So any licensing income goes into Microsalt Inc, not Microsalt plc. 30% of that money goes to the Patils snd the remaining money might be then sent to Microsalt plc but only after the 8% shareholders get their money snd all costs are covered.

[purchaseatthetop] 21/2/2024 11:00

So is mT a metric ton or a thousand tons! That’s for you Bgtmsn.

[btgman] 21/2/2024 10:58

Wow PT

You are making yourself look an absolute clown it is rare that you see a poster so inaccurate and badly researched your posts smack of desperation. This is going back up

AIMHO
GLA
BTG