Tekcapital Share Discussion Threads

[bountyhunter] 17/2/2024 22:28

If your plan really was to open a sell at 130p or 150p then you wouldn't be deramping now, you would wait until you had opened your short.

[purchaseatthetop] 17/2/2024 22:26

purchaseatthetop17 Feb '24 - 22:18 - 41 of 41 Edit
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Why would I keep quiet? It does not bother me. I expect it to rise further on the present insanity snd it might reach 150p. I have no idea. But whether I open a sell at 130p or 150p I think I know where it will end. Hey, it might hit 250p. I cannot know the top. I am just posting my view. Up to you if you take it seriously.

[bountyhunter] 17/2/2024 22:16

From the SALT thread:

bountyhunter17 Feb '24 - 22:00 - 38 of 40 Edit
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What is your interest here PATT?
I've not noticed you post here before. Anyone might think that you missed the boat and are scaremongering in the hope of getting in at a lower level. I don't see that Simon Thomson, the Oak Bloke and several large investors have all missed what you are suggesting.
purchaseatthetop17 Feb '24 - 22:04 - 39 of 40
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I am interested because I saw it rise and wondered why. I now know. It is because very few have bothered to read the data. I will open a sell as soon as the warrants are triggered for the reasons I have stated.
bountyhunter17 Feb '24 - 22:05 - 40 of 40 Edit
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That will not be until 129p then and if things are as you suggest then presumably you are not expecting the price to get there so that's a bit contradictory. If that really was you plan you would have just kept quiet and then done what you have suggested at 129p. Makes no sense to discredit at this point if you are really waiting for 129p as you would surely wait and take out your short at that price and then discredit. I never short personally as I consider it immoral but that's another argument.

[purchaseatthetop] 17/2/2024 22:01

Bounty. They say it expires 2030. Isn’t that enough?
It cannot be renewed.
Only the USA matters.
I simply researched this share and am sharing my findings. The rest is up to you but I will open a sell on it as it will only go one way, not up.

[bountyhunter] 17/2/2024 21:52

Maybe quote anything that says that the US patent was granted in 2010 as I can't see that anywhere, or is that your guess? There are three dates on the way to 20 years when a US patent would expire if not renewed as far as I can see. Even if you are correct a lot of money can be made including in the US before then and after globally including in the US when firmly established as the leading supplier and production costs have come down in line with scale.

[bountyhunter] 17/2/2024 21:51

Where is the evidence that the patent was granted as long ago as 2010 and that 2030 is not expiration if not renewed on the way to 20 years?

[bountyhunter] 17/2/2024 21:49

129p is an interesting level based on what has been suggested regarding the warrants. I've not checked those details as it's an excessively long document.

[purchaseatthetop] 17/2/2024 21:49

Bounty. Application was 2010. That is why it expires 2030.

[purchaseatthetop] 17/2/2024 21:47

By all means ride the wave because it will get to 129p because that is the plan so the warrants can be triggered at 47.3p and everybody can make lots of money. But remember that this is what was planned. Don’t then hold.

[bountyhunter] 17/2/2024 21:45

It's the end after 20 years as far as I can see. Was the patent registered as long ago as 2010?

Term of patent in the United States

Under United States patent law, the term of patent, provided that maintenance fees are paid on time, is 20 years from the filing date of the earliest U.S. or international (PCT) application to which priority is claimed (excluding provisional applications).



There are renewal periods to avoid expiration up to 20 years.

[purchaseatthetop] 17/2/2024 21:42

Tim. Please think.
It has been set up so the IP can be sold before the end of the patent period snd all the cash will go via Microsalt plc snd Microsalt Inc snd then to the Patils. I am not making it up. They have told you what will happen.

[purchaseatthetop] 17/2/2024 21:39

Bounty.
Read page 119 and 120 of the admission document.
It confirms that the US patent runs out 2030. And that all rights have been assigned to the subsidiary (read the note labelled “1”).
US patents cannot be renewed. It’s the end.

[tim000] 17/2/2024 21:36

A lot more salt is consumed outside the US than inside it. Really.

[bountyhunter] 17/2/2024 21:31

US patents expire after 20 years as far as I can see assuming renewed up to that point as above?

Expiration dates
"Generally, utility patents expire after 20 years from the application filing date subject to the payment of appropriate maintenance fees."

[tim000] 17/2/2024 21:29

Moreover, Microsalt would continue to have a very high market share in the US for some time after the patent expires. Alternatives would take time to trial fully with production techniques and with consumers. And even then, Microsalt would remain an important supplier, just with lower margins.

[bountyhunter] 17/2/2024 21:28

Renewal Fees:

For Patent Years Large Entity Renewal Fee Small / Micro Entity Renewal Fee
4+ $1,600 $800 / $400
8+ $3,600 $1,800 / $900
12+ $7,400 $3,700 / $1850

The renewal fees don't strike me as excessive.

[bountyhunter] 17/2/2024 21:27

Renewal procedures are quoted above, I don't see renewal as a big deal from that?

[purchaseatthetop] 17/2/2024 21:26

“Just the US patent”?
That is the only patent that matters. Really.
I am simply quoting their own data, nothing is made up. The one time they have to tell the truth is the Admission Document. I have given you the sections to,read. Read them.
The patent runs out for manufacture in 2030. Then anybody can make Microsalt. It’s that easy.

[bountyhunter] 17/2/2024 21:25

I'm not sure that this is the big issue it's been made out to be...

US Patent Renewal Rules
US patent renewal/maintenance fees are only due three times during their lifetime. They are also only payable after the patent has been granted.
The first fee is due three years and six months after grant, and its payment permits the patent to remain in force beyond the fourth anniversary of grant. The second fee is payable by seven years and six months after grant, and the third by eleven years and six months.
Fees can be paid up to six months before the deadline.

hxxps://www.renewalsdesk.com/patent-renewal-fees-by-country-2018/patent-renewal-fees-usa-2018/#:~:text=US%20Patent%20Renewal%20Rules&text=The%20first%20fee%20is%20due,eleven%20years%20and%20six%20months.

[bountyhunter] 17/2/2024 21:20

So just the US patent and it could quite possibly be extended? That's not quite the same as saying it's over in 6 years time but clarification would be useful.

[tim000] 17/2/2024 21:18

It does say the US patent expires in September 2030. We don’t yet know whether it will be extended. Patents are obviously important for the product. Worth communication with the company about.

[bountyhunter] 17/2/2024 21:14

I don't see that Simon Thomson and the Oak Bloke and all PIs would have missed any such huge red flags. I can't even see them myself, maybe a quote from the admissions document would clarify the point? e.g. what exactly is the quote from the admissions document saying that the IP has 6 years then it's over? I can't find it, but it's a long document so if it's in it please post the exact quote not just a section reference number.

[tim000] 17/2/2024 21:11

Indeed. The regulatory environment concerning sodium has changed in the last decade, apparently especially in South America where Microsalt is being trialed. It all comes down to the value of the product and whether it does what it says on the tin. The Admission document details are important, but secondary to the science of the product. For the latter, we must probably await news on contracts. If they arise, the inventors deserve their 3% royalties and investors their warrants.

[purchaseatthetop] 17/2/2024 21:03

6 years of IP protection
18 months between starting talks with potential customers to a product starting.
So just over 4 years of cash potential
35% gross margin per last accounts.
Salt is salt. Ultimate commodity unless IP protected.
The last RNS was clearly irrelevant but trying to get the share price up so warranties can be triggered.
The IP has been there since 2016 but no real traction.
That is the negative view. Always worth reading for balance!