Tern Share Discussion Threads

[jonc] 23/10/2019 09:02

It was also tweeted so not likely.

[enigma2oo2] 23/10/2019 09:02

A few more large sales and the marketeers will start dumping via shorts, then watch the red mist descend.

[johig] 23/10/2019 09:01

Is it possible the statement was prepared ready for issue after the previous fund raise (which failed I believe) and was released yesterday by accident? I hope not but if that is correct I'd have thought the company should explain what's happened.

[jprich] 23/10/2019 09:00

Wardy we (TERN) own 56% and have board presence pretty sure(?) at DA so we know exactly whats gone on. No excuses.

[enigma2oo2] 23/10/2019 08:59

Anyone who sees a "Unicorn"- that mythical spectre- around ,has a good chance of being sectioned

[upthegardenpath] 23/10/2019 08:59

"The group’s registered broker-dealer affiliate, US Capital Global Securities, LLC, acted as the exclusive placement agent for the equity financing for Device Authority"

Does say 'acted as' as if already done.

[jonc] 23/10/2019 08:59

wardy

Until TERN know the facts from D/A nothing will be said, simple really hold and collect $$$$$$


AS sits on the BoD of DA.

How could TERN not know.

[johnb5] 23/10/2019 08:59

Because its equity financing the existing DA shareholders would need to sign off the deal. So Tern know exactly what's happening. I expect a clarification RNS today. I've no doubt that the funding has happened. UCG have released the news on various social media outlets.

[sweepie2] 23/10/2019 08:57

I don't believe Fiona works there any more,

[mikemichael2] 23/10/2019 08:56

'We are very thankful to have had US Capital Globala expertise to support our capital formation and financing needs, said Darron Antill, CEO at Device Authority. With the rapid growth of the Internet of Things, we are preparing ourselves for market entry and plan to use any new financing to further strengthen and develop KeyScalera„ our cyber security platform software'

That statement does not say they have received 10m.

[sweepie2] 23/10/2019 08:55

PM received from a seller to ask whether he has any right to sue for this false market which has been created, asked me to ask on here as he is still a holder

[wardy333] 23/10/2019 08:54

D/A is a private company not expecting an RNS until later today or tomorrow pretty sure they have been financed. they are massively growing ?R&D is expensive and they needs lots more staff to cope with all the orders.
Until TERN know the facts from D/A nothing will be said, simple really hold and collect $$$$$$

[andrbea] 23/10/2019 08:54

Good find sweepie2

more about that firm:

[warriorz7] 23/10/2019 08:54

Duxy 'Self-fulfilling prophecy refers to the socio-psychological phenomenon of someone "predicting" or expecting something, and this “prediction221; or expectation comes true'

If you say its going to rain enough times then eventually your likely to be correct.

Funds from a placing paid for FVR, next argument?

[warrenfingerfood] 23/10/2019 08:53

What I don’t like is it looks like something is being worked here and however good AS is at doing business. He is showing us he’s a real bell end.

[mikemichael2] 23/10/2019 08:51

'We are very thankful to have had US Capital Globala expertise to support our capital formation and financing needs, said Darron Antill, CEO at Device Authority. With the rapid growth of the Internet of Things, we are preparing ourselves for market entry and plan to use any new financing to further strengthen and develop KeyScalera„ our cyber security platform software'

[dave444] 23/10/2019 08:50

Golden Tickets!What is not to like!

[duxy786] 23/10/2019 08:49

Looks like the t traders are offloading

[johnb5] 23/10/2019 08:47

It appears to me that someone is quite happily mopping up all these sells.

[duxy786] 23/10/2019 08:45

Andrbea, aside from the BS you spit about me, what you will never admit to is that on each occasion when I have stated is going to be a placing,I have been proved to be correct

[warrenfingerfood] 23/10/2019 08:45

Make sure you all email Fiona and ask wtf is going on.

[sweepie2] 23/10/2019 08:44

Chesterfield, 23rd October 2019: InVMA Limited (“InVMA”), a leading IoT products and bespoke solution provider is pleased to announce that they are successfully implementing their first Made Smarter project for Heatsense Cables, the UK’s leading specialist thermocouple manufacturer.

InVMA is on the Made Smarter Technology Supplier Directory and is one of the first companies working on the Made Smarter project to help support technology implementation. The company is an experienced IoT solution provider and systems integrator who already implemented a variety of Industry 4.0 projects for companies including Howden Compressors, GKN Aerospace, Kohler and Colfax. Due to these capabilities, InVMA was introduced by the programme to Heatsense. InVMA is leading the project and has designed a scalable Asset Monitoring solution using InVMA’s AssetMinder® - an asset management application with predictive analytics capabilities.

Heatsense Cables’ project involves implementation an Industrial IoT technology to significantly improve efficiency of their Rochdale factory and enable Asset Monitoring and Factory Performance Benchmarking. The company was able to secure 50% match funding for the project from the Made Smarter initiative.

Made Smarter is a national programme to help businesses who make things capitalise on new digital technologies. Their North West pilot connects makers to the digital tools that will make an everyday difference to their business. The £20 million partnership between government and industry provides match-funding, specialist advice, student placements and leadership training. Helping up to 3,000 small and medium-sized businesses – and the people in them – keep their competitive edge. And adding up to £115 million to the region’s economy

“Working with business we have found that they are enthusiastic about the benefits of adopting new digital technology. Often, they need funding support, but also the specialist advice and insight to help them select the right approach for their business.” Said Alain Dilworth, the Made Smarter North West Programme Manager “This is exactly how Made Smarter can and is helping businesses across the region.”

“Thanks to the decreased cost of sensors and software platforms, SMEs will be able to access IoT technology more than ever before,” said Patrick Nash, InVMA Managing Director “ We are delighted to be able to work with Made Smarter and be part of this revolution”

Alain Dilworth concluded "Made Smarter is relevant for any North West SMEs employing less than 250 staff who make, create, manufacture or engineer and I urge local businesses not to miss this opportunity. Register today for a fully funded audit of your operations."

About Made Smarter

Up to 50% grant support towards your Industry 4.0 projects for North West based manufacturers. Backed by some of the world’s biggest businesses, Made Smarter is designed to support manufacturers with facilities or operations in Cheshire, Cumbria, Lancashire, Greater Manchester and Liverpool City Region. Effective use of digital technology can provide a significant boost to your efficiency and bottom line. Now you can get access to the advice, insight, and funding you need to make it work for your business. These technologies are already transforming manufacturing processes and production, driving increases in efficiency and profitability. They can revolutionise your business and your industry. The programme is dedicated to giving North West manufacturers access to advice, insight and grant funding to implement new digital technologies to boost competitiveness and growth.

[kkrr11ss2] 23/10/2019 08:40

InVMA 8:33am
@InVMA_IoT
We are incredibly proud to announce that we are successfully implementing their first
@MadeSmarterUK
project for Heatsense Cables, the UK’s leading specialist #thermocouple
#manufacturer.

@TheManufacturer

@TheEngineerUK

@UKmfg