Modern Water Share Discussion Threads

[tickboo] 06/4/2020 11:47

From GB on LSE

[tickboo] 06/4/2020 11:46

In answer to a comment on the Modern Water forum I posted the following in two comments:I am replying to your comments because you raise many valid points. Bear wit me as i am restricted under MAR and AIM rules as to what can be said, so I will refer to RNS's that have been issued.I agree 100% that historically the company has been unsuccessful in achieving it's original aims set out at the IPO. A lot of investment went into the technology and the IP remains secure. The Board of Directors have been instrumental in altering the entire business model and this was outlined in the RNS of the 198th March. My comments, as CEO of Integumen (SKIN) were as follows:"We are delighted to announce the continued expansion of our laboratories and to be able to provide European bacteria reagent manufacturing capacity and logistic support to Modern Water's sales, marketing and distribution in the US, EU, China and Japan. In addition to production of the bacteria reagents, our AI division is exploring options to develop data analytic tools for Modern Water's monitoring equipment, with the potential to add higher-value bolt-on real-time alert services leading to increased revenue per client"The CEO's comments also acknowledged the alteration in business model by the agreement:"This Agreement is a water-shed moment for Modern Water. We are moving from a self-contained production, sales, marketing and distribution company to a collaborative, cooperation and partnership business model. This immediately gives Modern Water access to state-of-the art laboratories in the UK without the need for capital expenditure. Integumen's superior development and manufacturing capabilities will enable us rapidly to grow our existing network of sales, marketing and distribution channels, delivering the quality of product we are synonymous with, whilst lowering operational costs."That same RNS confirmed: "The Agreement enables the Company to fulfill an order backlog of approximately $665,000 which it is not currently able to meet."The headline of RNS of the 30th "Orders of water contamination detection consumables up 46% in Q1 2020 compared to Q1 2019" suggests that COVID19 has indeed placed a higher burden on demand for monitoring equipment consumables and the agreement with Integumen, even amongst the lockdown of many companies, is being met as the supplies are essential materials in the fight to contain the public health crisis.In an extract from my comment in a previous comment I stated that "-our [Integumen's] AI division is exploring options to develop data analytic tools for Modern Water's monitoring equipment-" I refer to the fact that we are exploring options and one of these options is whether we can make use of our AI tools, that have been successful in identifying bacteria in seconds, instead of 24-72 hours.Integumen's Labskin in 2015 has worked and been successful on Ebola and HSV-1, (hxxps://www.labskin.co.uk/wp-content/uploads/2018/10/2015-A-novel-antiviral-compound-inhibits-diverse-viral-infections.pdf). These same techniques are working on projects that include malaria, mastitis and legionella. Rinocloud (AI) has already completed a 4 year study that successfully delivered a solution that could be adopted into Modern Water equipment that are already installed in hundreds of places where we can test. Labskin has offered pro-bono access to Category 3 laboratories to test SARS-CoV-2 on the laboratory grown skin for the following tests to prove1. If the virus is transmissible from surfaces to airways via skin by measuring its viability when recovered from surface(s) to skin.2. Show that sanitizers kill the virus on the skin (this is anecdotally assumed to be correct based on WHO research on other bacteria, but not, as far as we know, proved for COVID).3. Show the reduction of titer and/or virulence.Tests for the virus in wastewater could be an early indication on hotspots and could reduce the need for individual testing of the entire population. By using a combination of virus detection in faecal matter and geolocation and AI to identify local breakout areas, concentration of resources could be allocated. This continues to be a focus of our development program.There are amazing technologies that already exist, within individual companies, which is why ecowaterOS was setup. Collaboration, joint development and partnership provide access to an integrated technology platform where the potential for results are achievable much quicker than as standalone development programs.

[slicethepie] 06/4/2020 10:51

The placing did include helium rising stars and Bob Morton. They would understand how these small brokers work and will have bought for the long term as opposed to the flippers that take their 10-20% and move on.

[tickboo] 03/4/2020 11:58

Hard to say. Hopefully there is a decent number who bought in for the turnaround rather than 10-25%. Once they clear it should go high and quickly.

[pgtips4] 03/4/2020 11:44

Anyone any idea how much stock still to flip here

[paulcon1] 03/4/2020 10:26

Emailed the company yesterday, if I get a response I will share...

GLA

[tickboo] 02/4/2020 16:06

Maybe you're right but given the RNS the assumption is that it has been signed and if not an RNS would be required. Could have had one confirming though.

[panama7] 02/4/2020 15:42

Tickboo, I would have thought if it had been signed the Market would be updated.

[tickboo] 02/4/2020 14:31

It will have been signed or the NOMAD would insist on an RNS to state it hadn't.

[panama7] 02/4/2020 14:11

Anyone got any idea about this non-binding agreement with Cellulac that was due to be signed off on or before 31st March. The fact that it was RNS on the 26th Feb one would have assumed the company were confident of consummating the agreement.

[panama7] 02/4/2020 13:05

Also 46% increase sounds very positive but what does it mean in numbers. Depending on the number you start with would tell you how significant a 46% increase is.

[tickboo] 02/4/2020 08:49

That said a fair question from a poster asking what does a 48% up tick is orders actually mean, £50,000, £100,000?

[tickboo] 02/4/2020 08:48

The raise shares are clearly not in sticky hands. I'll never buy shares so soon after a raise with a massive discount and no lock-in. Basic. Hopefully these leeches are gone soon.

[tickboo] 01/4/2020 10:36

Nope and I've looked back to last year to see if there was a Q1 update and there wasn't so the increase means very little. I'm a holder here too and am confident but with the AiM many PLCs have poorly written RNSs and sometimes intentionally so.

[panama7] 01/4/2020 10:18

As a recent buyer of several million shares does anyone have an idea what the 46% increase in orders equates to in terms of income.

[charlesjames1] 01/4/2020 10:01

They don't make their money holding. They lend money and instantly turn that back to cash higher on share selling, ready to line up the next deal. Money makes money.

[tickboo] 01/4/2020 09:15

Maybe so but 15% here and sellers still. After the RNS it's surely the 20%ers from the raise.

[hamidahamida] 01/4/2020 09:04

Dow futures are tanking 2nd wave of massive selling coming Bloodbath is coming

[slicethepie] 01/4/2020 09:03

Unfortunately par for the course with small brokers most clients are very short term traders not investors

[garth] 31/3/2020 19:16

May be of interest wrt comments made about water testing."For SARS coronavirus, viral RNA is detectable in the respiratory secretions and stools of some patients after onset of illness for more than 1 month, but live virus could not be detected by culture after week 3."If in stools, also in waste water.hTTps://www.thelancet.com/journals/laninf/article/PIIS1473-3099(20)30237-1/fulltext

[flashheart] 31/3/2020 19:10

Not just yet though as I'm doing the same.

[tickboo] 31/3/2020 18:32

Once the flippers are gone and looking at the number of shares traded in the last 3 weeks (360m as highlighted on Twitter) hopefully there aren't too many to go and this can move northwards.I'm happy for it to stay down here as I'll buy some more.

[tickboo] 31/3/2020 16:51

Yeah it's frustrating and a shame there wasn't a 12 month lock-in especially at the massive discount. Fair enough no lock-in with a normal discount but such a large discount should have a 12 month tie-in.