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PDX Pursuit Dynamic

1.975
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pursuit Dynamic LSE:PDX London Ordinary Share GB0030310964 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1.975 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1.975 GBX

Pursuit Dynamic (PDX) Latest News

Real-Time news about Pursuit Dynamic (London Stock Exchange): 0 recent articles

Pursuit Dynamic (PDX) Discussions and Chat

Pursuit Dynamic Forums and Chat

Date Time Title Posts
27/4/201721:47PDX - Potential Markets and there size13
02/8/201311:48The New PDX - An Undisputed Gamble!16
31/7/201317:52Pursuit Pumping into a $22 Billion Market!!!!56,537
26/7/201316:32PDX - Jam tomorrow339
16/7/201315:32PURSUIT PUMPING INTO A $22 BILLION MARKET !!!!17,323

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Pursuit Dynamic (PDX) Top Chat Posts

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Posted at 01/8/2013 03:28 by dncleaver
fludde 31 Jul'13 - 16:54 - 56536 of 56537 0 0

Goodnight PDX good morning GMR.
Posted at 26/7/2013 16:39 by outsizeclothes.com
Buckley sees what Peiper saw - a shareholder base who have a history of putting up with paying management huge salaries for little or nothing.
Having gathered together one of the best collections of suckers, why not give them another excuse to throw money at something which some DONK[ey] will bray about as being worth hundreds of millions.
I'll predict that the hat will be out to the remaining PDX shareholder rump soon enough, probably within months.
Posted at 24/7/2013 11:00 by jimmy the weed
Only mention it because when I was a shareholder in PC I recall Mr Buckley was drawing a salary totally disproportionate to the turnover. Milking the cow so to speak. I was just enquiring if anyone new of Mr Buckley's activities since that time, & yes I am a shareholder in PDX so the reputation of new directors is of interest to me as they should be to any shareholder!
Posted at 16/7/2013 16:32 by dncleaver
Actually, I have some news for fans of "Old PDX": I have been in contact with Gerard Brandon, CEO of Cellulac. I asked him if there was likely to be any investment opportunity in his company, especially since the technology now seems to have fallen in the right hands! He replied quite promptly to both of my two emails and told me to "Watch for news over the next few weeks".

I'm now thinking that IF such an opportunity does arise, I will salvage what I can from here and put the money straight into "Cellulac PLC", or whatever the entity ends up calling itself.

I have always been convinced that the PDX technology works, but now more than ever, as Gerard Brandon of Cellulac has made it ABSOLUTELY CLEAR to me that this is the case!

Like a few others, I guess, I would like to be given a second chance with PDX.
Posted at 21/6/2013 16:16 by outsizeclothes.com
PDX's time is up. - Reread May's release

"Alongside the sale of IP, we have now eliminated most of the liabilities associated with PDX and expect MOST, IF NOT ALL, liabilities to be eliminated by the end of June."

So the Food and Drink money, AND all the cash in the bank will have been burned trying to eliminate all liabilities by end June. Meanwhile the Co. burns today's $100k in wages for themselves after the end of June - it will hardly cover account preparation, never mind much else. A distribution to shareholders would cost £400k+ to make after legal, accounting and final liquidation necessities are finished.

THERE WILL BE NOTHING LEFT !!!!
Posted at 19/6/2013 08:59 by hyper al
fludde

What did Tyco do for PDX?

FireMist Launch 4 June 2008



Did Ansul push FireMist ? If so why is PDX in it's current financial position. Would love to see the Ansul sales figures for FireMist over the past 5 years.

Big international players can play cat and mouse with small hightechs.

Chase the mouse then go in for the kill.

Just watch how FireMist takes off now, probably will be in every commercial building withiin a decade and on all aircraft!
Posted at 01/6/2013 03:56 by dncleaver
corozal: It is not quite correct to say that the IP is "not economically viable", as Shepherde Neame have already illustrated (for want of a better example). The problem has been that PDX has serially failed to commercialise opportunities, which were often seemingly presented to them on a plate. Whether the problem was down to the greed of the management, or simply their stubbornness or even stupidity, it clearly had nothing to do with the usefulness of the technology.

With the correct deals on offer, this technology WILL sell!

The question now is: WHO will be doing the selling? .... and how much will they pay PDX for the privilege?!!

[Edit: Referring to flotogo's post as a pertinent example: With the benefit of hindsight, the contract with Tyco should have maybe included a clause for a minimum sales requirement. The fact that this never happened was either because of PDX management's extreme naivety, or because Tyco would not allow the clause since they knew exactly what they were doing ..... in which case, PDX should have simply walked away. It appears that PDX were so eager to get the deal, they signed it off under whatever terms were presented to them. Ultimately, bad management or bad legal advice, but someone made a very poor decision!!]
Posted at 27/2/2013 23:25 by john of groats
littleweed,

Had PDX gone for a simple, fixed rental model for the bioethanol market they might have been able to develop a profitable business but only by setting the rental low enough that the producers could see that the costs would be less than the savings no matter what happened to corn and ethanol prices. Had they taken that route, we would not have seen the share price reach anything like £7 in 2010. Raising capital would have been harder and research and development might have had to be kept within tight bounds, limiting their ability to move into other markets such as waste treatment, public health and nuclear decommissioning.

However, John Heathcote was greedy and saw that profit sharing was a way to earn many times a basic rental. Roel Pieper came to the same conclusion and continued with this model. The inflated profit forecasts led to the large increase in the share price and made raising capital cheaper.

As we now know, the flaw was that proving the value of the savings was much harder than they led us to believe. It was not in the producers' interests to accept PDX's claims without definitive proof and a few were quite happy to run trials where they paid little or nothing until PDX came up with an acceptable solution. Others just sat on the sidelines watching the fun or were too busy trying to avoid bankruptcy as they were squeezed by high corn prices.

John
Posted at 14/1/2013 19:17 by awemic
I see that Pacific Ethanol (PEIX) has released news over the last few days that they are partnering with a company called Edeniq to enhance their ethanol yields. Furthermore, they say that using Edeniq's patented 'cellunators' and 'Pathway' technology will allow future enhancement in cellulosic ethanol production. No surprise there was no mention of any existing PDX equipment being used - even when PEIX were installing the pdx kit, they never mentioned it.

I wonder whether the pdx kit would have to be removed, or if it might even be able to enhance the above new tech, but if so, it would be ironic if Edeniq benefits and pdx continues to get nothing after installing their kit for free.

It makes me all the more frustrated at not knowing how and why the ethanol LOB became a dead op from talk of over half a billion gallons signed up / installed with guidance at 2c per gallon.

Either way, this news has not set PEIX's share price alight (yet, if ever) so not a great deal of excitement seems to have been generated from it, unlike the soaring share price reactions that came after every pdx RNS about the future benefits of their tech during the Pieper years. I think the market has become rather jaded and skeptical with 'jam tomorrow' reports about the future of cellulosic ethanol, despite the current corn prices favoring a diversification into alternative organic sources for ethanol production.

Here an excerpt from the PEIX news statement:

"Pacific Ethanol, Inc. (Nasdaq:PEIX), the leading marketer and producer of low-carbon renewable fuels in the Western United States, announced it will implement yield-enhancing technology at its Stockton plant. The company has awarded Edeniq, a biomaterials and sustainable fuels innovator, with a contract for Edeniq's Cellunators™ technology to boost ethanol yields by increasing available starch for conversion.
In addition to expected improvements in ethanol yield, the installation of Cellunators™ technology makes available the adoption of Edeniq's Pathway™ technology integrating the Cellunator with proprietary enzymes to convert the cellulosic fraction of the corn kernel to ethanol, which enables a conventional plant to potentially produce cellulosic ethanol.

Neil Koehler, the company's president and CEO, stated: "Our agreement with Edeniq for its Cellunators technology demonstrates our commitment to improving efficiencies at the plant level and positions us to produce advanced biofuels within a corn ethanol plant. We expect this technology to increase yields and improve overall plant profitability."
Posted at 02/1/2013 08:41 by topinfo
PDX this may be why and certainly has helped share price today and hopefully beyond.

Tue 16:47
Times article

Weildy

In the Market report column by Gary Parkinson in today's Times, there is a fairly lengthy piece on PDX and it's past woes. The final comment reads.

"Backers hope that the financial stability afforded to PDX will enable the cpmpany, finally, to demonstarate that there is a commercial market for it's undoubtedly clever technology"
Pursuit Dynamic share price data is direct from the London Stock Exchange

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