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[twatcher] 25/9/2018 16:25

good report WP

[occultusverum1] 25/9/2018 16:25

"All letters of intent lay out the basics of a deal, including cost, time frame and contingencies. ... The primary difference between the two is that a letter of intent is not binding, whereas a memorandum of understanding is considered binding and carries weight in a court of law" From google.

[grabster] 25/9/2018 16:24

Fest - Yes, you are going mad. Had an LOI.

[occultusverum1] 25/9/2018 16:24

I think it was a LOI - Letter of Intent

[maisto] 25/9/2018 16:22

Fest - I thought that was an MOI ie memorandum of intent i/o understanding

[dmorty87] 25/9/2018 16:22

Thankyou WP for taking the time to put that report together for us all it made very interesting reading, thanks again.

[realcooltrader] 25/9/2018 16:19

Thanks psx and Woody, much appreciated.

[festario] 25/9/2018 16:16

I thought we had an MOU with Jinan? Since January? Or am I going mad?

[club sandwich] 25/9/2018 16:15

Interesting...

PLASTIC SOLUTIONS INVESTOR ALLIANCE

"As You Sow has launched an international coalition of investors to engage publicly traded consumer goods companies on the threat posed by plastic waste and pollution. Twenty-five institutional investors from four countries with a combined $1 trillion of assets under management have signed a declaration on plastic pollution citing plastic pollution as a clear corporate brand risk and pledging to interact with leading companies to find solutions through new corporate commitments, programs, and policies. Our initial engagements will be with four large consumer goods companies: Nestle, Procter & Gamble, PepsiCo and Unilever."

[andymoore07] 25/9/2018 16:13

Interested to know why SuperG was silenced by Neill ???

[ellissj] 25/9/2018 16:13

Great read woody thx. Best ellis

[johnveals] 25/9/2018 16:12

Sonsonnyjim - I could tell you but then I’d have to kill you, or myself.

[andymoore07] 25/9/2018 16:05

This is brilliant thank you

[woodpeckers] 25/9/2018 15:57

My notes...

First just want to say how much I enjoyed meeting lots of other investors and putting faces to names, a great bunch of people.

Following the routine passing of all the normal resolutions, Neill threw the floor open to questions. I've tried to use as many of his actual words as possible.

Gnanomat -incredible opportunity, fantastic team with great technologists & uni aligned, they are further up the supply chain than us , with Zap & Go being the third leg above them - he was asked why they would give up such a large percentage of their company and replied that we have the engineering ability and contacts to scale up what they have, it's all about speed, there is a massive global competition , they were happy to take shares at 150p (he couldn't be sure about this on Friday, hence the raise to cover the worst possible scenario) - Gnanomat has about 25 shareholders (management, friends & family) -Neill very excited about the "amazing opportunity "

Happy to have the extra cash in the bank as it shows the big global companies that they are talking to that we have good backing, it will enable him to accelerate the business, mentioned he could have got more cash when he raised to buy 2DTech and suggested he regretted not doing so as we would probably be much further along the road than we are now if he had. Said he had a robust system in place to ensure that the cash is spent properly.

Said they are building production capacity to meet the needs of testing, 3T would certainly not be enough when it comes to proper orders. New machinery due 1st or 2nd week of Dec to be installed at the current factory near Cheltenham. He is forming a JV with the machine manufacturer to get a production line in place ready for when bigger scale production is needed - the supplier will be locked out from supplying other customers for 2 years.

Re collabs -all still ongoing, some had placed secondary orders, had to be careful what they say but things getting tangibly closer re an order, - ISO not holding anything up, - production lines/machinery don't need to change to incorporate Nanene - Share all data with collaborators so we are gaining knowledge too. Showed us a video just made by D&F Tech (medical collaboration) - ex McLaren guy involved undergoing clinical trials on 'smart' bandages for rehabilitation following joint surgery - he's going to share it on Twitter or/& the website. Very excited.

ISO - making sure that the standards are good - a lot of opposition it, certain countries not happy - question of time, it's going through, no real competition to us.

China - PJ said considerably more than 30 interested parties when asked for a figure - he was in Beijing last week - Jinan is moving at pace, their experts are very happy with our graphene, theirs doesn't compare , - Huge amount of interest, people flew in specifically to meet him, - Bruno (Uni of Cambridge graduate) is constantly unearthing an incredible number of opportunities.

U.S.A - Marko is treading water keeping contacts happy as hasn't had time to step up the game there, - will need a big push to tackle - wants to get China sorted first. Going to Texas Oct 13th for an exhibition - opportunity to meet American investors - will go to Washington at some point, The Senate want to know what he's doing but he's holding them off so that he can progress China first.

Hexotene - all good but again has had to be put lower down the priority list.

AIM - No intention of leaving - good relationship with the regulators.

Wales - many conversations at government level, lots of enthusiasm to
help the company expand but it's early days - 'We're choosing the timing, waiting for the bigger plan".

Other businesses all doing well.

[club sandwich] 25/9/2018 15:49

and an MOU with Jinan concentrates other minds in China *and* the USA...

[rafboy] 25/9/2018 15:45

MOU with Jinan would see the share price head north quickly. Sounds like they want this before they head to the US.