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Long term- Gold mine, if the company ever builds their first factory...ya can read some in the IBOX or company web site
MBOT
whats up here
CALCITECH LTD
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As of December 31, 2010, December 31, 2009 and December 31, 2008
(amounts in thousands of US dollars, except per share data)
Year to
Year to
Year to
ASSETS
Notes
Dec 31, 2010
Dec 31, 2009
Dec 31, 2008
$
$
$
Current assets
Cash and cash equivalents
2.6 18 22 26
Receivables, prepaid expenses
and other current assets
3 104 165 233
Total current assets
122 187 259
Non-current assets
Property, plant and equipment, net
4 1,019 1,023 1,029
Intangible assets
2.8 and 5
8,471 6,996 5,869
Total non-current assets
9,490 8,019 6,898
TOTAL ASSETS
$ 9,612 $ 8,206 $ 7,157
CalciTech Files 2010 Results
GENEVA--(BUSINESS WIRE)--CalciTech Ltd. (OTCBB:CLKTF) announces today it has filed it’s Form 20-F with the SEC which includes audited accounts for the year ended December 31, 2010. The Company's annual filing can be downloaded from the SEC website: www.sec.gov/edgar.shtml.
In the meantime the Company reports steady progress is being made by CalciTech Synthetic Minerals Europe Ltd, our exclusive licensee for the European territory, in developing sites for our first lower tonnage merchant plants and further announcements after the holiday period can be expected.
The directors of the company take responsibility for this announcement.
This press release contains "forward looking statements" including forward looking statements as that term is defined in section 27a of the United States Securities Act of 1933 and section 21e of the Securities and Exchange Act of 1934. Statements in this press release, which are not purely historical are forward looking statements and include any statements regarding beliefs, expectation or intentions concerning the future. Forward looking statements in this press release include, but are not limited to statements which are subject to a number of contingencies and uncertainties, including, but not limited to, market acceptance for CalciTech's products, manufacturing of CalciTech's products in a commercial setting, obtaining adequate financing and construction management for production and obtaining appropriate permits.
It is important to note that the corporation's actual outcomes may differ materially from those in forward looking statements contained in this press release. Although the company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations and intentions will prove to be accurate. Readers should refer to the risks disclosures in the company's public filings with the Securities and Exchange Commission.
Contacts
CalciTech Ltd.
Nicholas Plumbridge
Email: nick@calcitech.com
Tel: +41 22 710 4020
Company Information Center
OTCBB:CLKTF
ISIN: BMG175801049
the peeps on ask do that on purpose to get the days buyers to hit the ask b4 market closes, didn't work today....lol
MBOT
yes, shame we closed below the high today. A high that was traded at most the day. Oh well, something is coming. And it's overdue.
Go CalciTech!
yes, I like the activity....
MBOT
just lost are buyer. Bid back to 8.5. Hope we can hold
Great volume today.
Level II showing two big blocks at 10 cents. If we can get through this level, new high for year, and it looks like 12 cents is next offer. Go CalciTech
these look like trades like something is up, someone on the inside is buying big, I have a good chunk, so I say lets go....my bud also has 100k, so life changer? who knows?, but I will sit back and watch the show...lol
all JMO
MBOT
and again today.
I don't see any news.
Something coming?
alert, someone is buying the store today...lots of ask buying...
did I miss something?
checking the website now...
MBOT
CalciTech Credit Facility Extended with Share and Debenture Conversion.
Press Release Source: CalciTech Ltd. On Friday May 27, 2011, 9:30 am EDT
GENEVA--(BUSINESS WIRE)-- CalciTech Ltd. (OTCBB:CLKTF.ob - News) CalciTech announces that Epsom Asset Management Ltd., who has assisted the funding of the Company for a number of years, has agreed to convert USD 2.3 million of its outstanding working capital credit facility as at 31st December 2010. USD 1 million has been converted into the new series of notes announced in April 2010 and the balance of USD 1.3 million into the Company’s common shares at a price of USD 0.085 per share, resulting in the issue of 15,294,118 shares. Epsom have further extended this facility until 31st August 2012.
Roger Leopard, CalciTech CEO, stated, "We are delighted with Epsom having agreed to a further conversion into the new series of convertible notes and common shares, and extension to the repayment date of the working capital credit facility, which provides us with sufficient working capital for the coming year."
Yes, Nick's explanation of how the CalciTech family tree leaves me with greater comfort too.
But I like seeing revenues per SCC plant of 32 mill Euros, and EBITDA of over 14 mill a year.
This of coarse is for CSME, not CalciTech, but I believe the royalties paid to CalciTech are based on total revenues.
Wonderful information Maxine G - THANKS!
Very interesting - I feel much better about my investment now. I especially like:
"The opportunity arises following the decision of US parent CalciTech Synthetic Minerals Ltd. to exploit the technology it has developed through a series of global joint venture companies (each with a defined area) rather than through the parent company itself."
I need to keep reminding myself that CalciTech could sell CSME for a wonderful profit and still have multiple "global joint venture companies" up and profitably running!
I think I will be adding more shares soon! Thanks again!
CalciTech sales tool for brokers:
Memo below is a PR memo from Nick Plumbridge (PR director) prepared as as sales aid for both meetings with prospective investment institutions as well to help independent brokers. My broker first received this a few weeks ago.
Very interesting with projected revenues, margins and EBITDA as well as construction costs, grants and financing amounts. This is the first time I have seen any estimates for the potential profits.
Also, a Belgium plant is mentioned as a second site. I assume the German plant reference is Luena.
The first part we have seen before.
The opportunity arises following the decision of US parent CalciTech Synthetic Minerals Ltd. to exploit the technology it has developed through a series of global joint venture companies (each with a defined area) rather than through the parent company itself.
CalciTech Synthetic Minerals Europe Ltd. (“CSME”), is a recently incorporated UK private company, that has been granted a 30 year exclusive license to exploit this new industrial technology in the materials field in Europe.
The Product
The product is a mineral pigment and specialty filler aimed at the high end segment of its markets, where Europe is, in the main, the world leader. Its end markets are multi-billion $ in mature sectors such as:
- Paper industry (Stora Enso, UPM, Norkse Skog);
- Plastics, polymer and sealant industries (Dow Corning, Kaneka);
- Food and pharmaceutical industries (Nestle, Danone);
- Paints (AkzoNobel, Crown Paints);
- Inks (Dubuit, Siegwerk)
The product has been extensively trialed and is proven to give the user improved finished product quality, reduced running costs, increased productivity and environmental credentials. Interest has been procured exceeding the off-take of the two immediate planned plants.
The initial two plant strategy enables the maximum utilisation of the product mix.
The Technology
The technology has been developed over a number of years and is fully proven and patent protected. This technology was developed with waste remediation in mind, specifically hazardous carbide lime, and has been further developed to recycle the waste produced by the paper recycling industry producing two high value sustainable products whilst absorbing CO2 emissions.
CSME has an exclusive license of a new international technology for the European territory relating to the “know-how” in the following:
§ a patent granted in December 1999 for the production of the product;
§ a patent filed in October 2009 enhancing the 1999 patent relating to the process used to produce the end product with exceptional features including, but not limited to, a unique morphology, a very narrow particle size distribution and exceptional purity; and
§ a patent filed in December 2009 for a technology that enables paper producers to recycle all the minerals used in paper.
The Process
CSME’s German branch has taken over the small-scale production plant that has been successfully using this technology and supplying samples for a number of years.
The manufacturing process has strong environmental credentials through the consumption of industrial waste, producing a sustainable product and consuming CO2.
Corporate Strategy
It is the Company’s intention to fund and build these first two plants and then roll-out an additional 6 plants, in its first phase, with a potential output of 400,000 tpa to service markets throughout Europe.
The Company is confident that it has interested clients that will achieve budgeted production at both planned facilities.
Plant Building
CSME will shortly complete heads of agreement to build a plant in Germany and one in Belgium producing a total of 80,000 tonnes per annum (tpa) expected to commence within two years. These plants have a useful working life potentially in excess of 20 years.
Funding Requirements
Projected revenues and EBITDAs for the plants are expected to be:
2012 2013 onwards
€ ‘000 € ‘000
Revenues 6,975 32,400
Margin 46.1% 44.6%
EBITDA €3,217 €14,439
Significant European grants and loans are available for this project which extends significantly the value of the initial investment.
Capex funding / equity requirement for these plants will be:
Capex €38 million
EU grant 26% €9.9m
Project finance / EIB participation 54% €20.5m
Equity 20% €7.6m
The Company is seeking to raise funding to entirely finance the non-grant portion of the German and Belgian plants, and working capital to take CSME through to revenue earning, totaling approximately €35m. To this end, a well known London Nomad has recently been approached and should be appointed shortly with a mandate to raise this proportion of the financing.
Additional pre-IPO funding of some €3million will also be sought, which will ensure that both plants are fully “shovel ready” by the end of June this year.
It is envisaged that this funding will be by way of a mix of equity and convertible preference debt with a coupon.
Strong Management Team
CSME has a strong management team with experienced professionals with extensive target markets backgrounds. It also has an experienced board of directors to provide good UK governance.
Summary
In summation, this presents an exciting opportunity for strong revenue-earning potential, using next generation green technology and sustainable materials, in large and mature end-markets. The specialty nature of the products brings premium value with cost savings to the end user.
Thanks for the posts Maxine and Robert. eom
I agree with you Maxine G.
Hi Maxine G.
I agree with your thoughts and feel that your preference has an outstanding chance of happening.
If I remember correctly, Roger Leopard thinks highly of his investors and remains very appreciative of those that have stayed (or added to their shares) for the "long haul". Whatever he decides to do, I am sure that the "overall value" to his shareholders will be of upmost importance to him!
I felt the same way.
Selling CSM would leave CalciTech without IP.
But companies sell/or are bought out, all the time.
I think my preference would be to see the company operate long into the future, watch the stock appreciate and collect our dividends. But then again, Roger Leopard isn't going sell for a song and would be looking for a grand slam given the length of time and effort he has put into this venture.
"Clearly then you should expect to receive future dividends, and your potential exit would be upon Calcitech selling CSM Ltd (The IP)"
Hi Maxine G:
Thanks for the information, very revealing!
With the above statement from Nick in mind, do you interpret this to mean that once this occurs, Calcitech is no more, or?
I would think this may be many years in the future, after shareholders receive "substantial dividends" - sure sounds nice!
Clarification from Mr. Plumbridge on the structure of CalciTech with the two other recently formed companies below.
Keep the questions coming. I have a very helpful source right now that is responding promptly.
Hi XXXXXX, I hope you are well.
In answer to your question, the capital structure is as follows:
Calcitech Limited (your shares) owns 100% of CSM Ltd, which itself own the IP (the technology).
CSM in turn owns 100% of CSME.
In terms of future royalties and dividends, the flow is anticipated to be as follows:
CSME will pay royalties and dividends to CSM, which in turn will pay dividends to Calcitech Ltd. These would be quite substantial if all the identified projects in Europe are successful. In addition, CSM will also stand to benefit in the same way from other territories such as the US, China and India where there iare huge potential projects for the company.
Clearly then you should expect to receive future dividends, and your potential exit would be upon Calcitech selling CSM Ltd (The IP)
I very much hope this clarifies the position.
With best wishes for now
Nick
If you re-read the notes from Mr. Plumbridge, (sorry about the miss-spelling in the intro of the last post), he mentions a 5% royalty on gross revenues. And current we, the stock holders, own CSME and CSM, at least for now. That will change with the expected private placement for CSME. As to CSM, I have know idea of what the future holds with regards to spinning it out of the CalciTech family.
Thanks Maxine G
I appreciate you getting clarification from CalciTech on the last info that we received. The information given is not how I originally interpreted the news. I am pleased that you received a reply so quickly - much better PR with Nick on board.
For some reason, I don't fully understand how we will make any money as CalciTech shareholders, with CSM and CSME in the picture. Also, "CURRENTLY wholly owned" by CalciTech Ltd., makes me nervous!
I hope I live long enough to see all this play out for those of us who own so many shares!
Email from PR director Nick Plumridge regarding the last news release. Very interesting.
My questions are first. His comments follow.
Mr. Plumbridge,
Thank you for the continuing updates. It sounds like we are making good progress.
I am a little confused about the wording of the last release, and have a couple questions.
Is the funding, and project completion date of mid 2012, for the continuing R & D for optimization of the technology, or is the completion date for the construction of a plant?
Where is this plant to be constructed if it is a plant?
Or if R & D, is the next step after that to build a processing plant? And is the funding mention contain construction funds.
Does CMSE have any relationship to this, or is CalciTech running this end?
I know this is a different side of CalciTech than the SCC production plants. Do you have any projected revenues from such a plant? Royalties back to CalciTech.
Thank you for your time,
XXXXXXXXXXXXXXXXXX
Dear Mr XXXXXXXXXXXXX
Following your communication last night, I would like to respond to the questions which you raised.
This project is purely R&D at this time, with a view to establishing the efficiency and thus commerciality of this new application. It is therefore not the completion of a plant construction.
On completion of the testing and trials, we hope that this will lead to contracts for satellite plants to be installed into existing paper recycling plants. These will be significantly smaller than the SCC commercial plants which we also hope to build. However, and as you may imagine, there would be many more opportunities throughout Europe in particular, since paper recycling is growing at around 40% per annum in the European territory.
The ownership of this technology resides with CSM. CSME are managing all aspects of the testing as well as any subsequent negotiations for satellite plants, and CSM and CSME are currently wholly owned by CalciTech Ltd.
Projected revenues will be produced at a later date, once the testing has been completed. At this point all parties concerned would no doubt enter commercial discussions which would culminate in being able to project future revenues for CSME. It is anticipated that CalciTech would receive royalties of about 5% of gross revenues.
I very much hopes this clarifies the position, and please do not hesitate to contact me if I can be of any further assistance.
Yours sincerely
Nick Plumbridge
CalciTech Secures Funding on Project to Recycle Minerals in Waste Paper
GENEVA, Switzerland--(BUSINESS WIRE)-- CalciTech Ltd. (OTCBB:CLKTF.ob - News)
CalciTech is pleased to announce that it has secured the next stage of funding for this key project. The project is also promoted by the Bundesministerium für Wirtschaft und Technologie (German Federal Ministry for Research and Technology) with a financial grant.
This project was launched in Summer 2010 with the participation of two leading research institutes, PTS in Munich and VDZ in Düsseldorf as well as the largest paper and cement companies in Europe: Stora Enso and Heidelberg Cement.
The aim of the project is to optimise CalciTech's process for converting the waste stream from recycled paper production into commercially valuable Synthetic Calcium Carbonate (SCC) and Sustainable Metakaolin (SMK).
This project has now passed its first milestones successfully which triggers the next phase of funding. The project is expected to be completed by the middle of 2012.
Maxine, CLKTF over that 200dma.. the next week or so will be telling.
Best week in years.
Volume has fallen off. Hope to see a press release to regenerate interest in the stock.
CalciTech is looking good.
Roger Leopard must be happy.
spanked her a little bit today too, dunno whats up?
MBOT
can you say 52 week high?
I love this volume.
Could this be insiders?
Or maybe the PR campaign is finally getting some traction.
I'm open to anything positive...LOL
MBOT
Tomorrow should be interesting.
Love to see a follow through in volume.
Even better would be a steaming top press release.
came to see whats brewing too, I have no idea but like the activity....
MBOT
UP 80% on the day
up 4 cents to 9 cents
over half million shares traded.
I didn't see any news.
Something must be brewing.
April 19, 2011
CalciTech appoints Nick Plumbridge to its' IR Role.
--------------------------------------------------------------------------------
Geneva, Switzerland, April 19th 2011 - CalciTech Ltd. (OTCBB: CLK) has appointed Nicholas Plumbridge to act as its' Investor Relations Manager with immediate effect. Nick has a long career as a stockbroker and private client discretionary investment manager, having previously worked with well known City firms including Gregg Middleton and Carr Sheppards. Nick has been associated with CalciTech for some years representing a number of shareholders, in particular, our largest shareholder with a holding in excess of 10%. He is well placed to take on this role during this next phase of our development and will be based at the Geneva office.
CalciTech is most grateful to Thomas Shortt for having taken on this role at short notice. Thomas will continue to be associated with the company in a financial advisory role as before.
For further information:
Nick Plumbridge
nick@calcitech.com
Tel: +41 22 710 4020 +41 22 710 4020
www.calcitech.com
Thanks For The Post Maxine
For some reason, I feel that this move on the company's part is a good one - we shall see!!!!
CalciTech appoints Nick Plumbridge to its’ IR Role.
Geneva, Switzerland, April 19th 2011 - CalciTech Ltd. (OTCBB: CLK) has appointed Nicholas Plumbridge to act as its’ Investor Relations Manager with immediate effect. Nick has a long career as a stockbroker and private client discretionary investment manager, having previously worked with well known City firms including Gregg Middleton and Carr Sheppards. Nick has been associated with CalciTech for some years representing a number of shareholders, in particular, our largest shareholder with a holding in excess of 10%. He is well placed to take on this role during this next phase of our development and will be based at the Geneva office.
CalciTech is most grateful to Thomas Shortt for having taken on this role at short notice. Thomas will continue to be associated with the company in a financial advisory role as before.
200 day MA has been a point of resistance for a long time.
Need some news so that it can become a point of support.
Seems like a great letter...
2 plants end of June 2011!
Odd this didn't move the stock.
No problem... sometimes references are not complete enough to understand when people are not familiar with details not as widely known as assumed.
There are several companies here at iHub that have had Cornell's tentacles deep into them... all the ones I know about have failed and become worthless except for one that is nearly worthless at .0003-.0004.
Sometimes things seem to move slower than molasses when watching progress for CLKTF. But I believe that the company is trying very hard to reach HAVING positive revenue & succeeding with the products that they have been developing the last few years.
I've held shares for many years now... and I will continue to hold believing CLKTF will eventually increase in value nicely!
Thanks.. That co reminds me of Tricap, the co that lent Birch Mountain money; had convertible debentures.. called the debt after less than a year.. in short took at least $1bn in assets for around $50m.. There is a group of shareholders that has a class action against Tricaps owner, BAM.
We're on the same page.. Leopard might have realized what could happen.. ie, predatory lending.
Sorry, didn't know what you were talking about.
Sarcastic about Cornell for sure!
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=3533842
Many little empty carcasses lie in the path... sucked completely dry by the vampire offering $$$$ to unsuspecting small companies!
Getting free of Cornell = worse than getting off HARD drugs!
??????
Sarcastic? Private joke?
LOL... Yeah, the calcitech folks probably met with the
Cornell Small-Cap Corporate Killer Capital Group!
Thank goodness folks from Europe have a LONGER, MORE FAMILIAR experience wit de blooood-sucking vampire! Makes one easier to recognize!
I'd almost be willing to bet what tipped Cornell's hand was someone in the CLKTF group had either a small cross visible... or maybe a garlic head in a pocket! Whatever made the Cornell folks squirm saved us all!
ROTFL
RH, thanks for posting.. I believe this is a wise decision by Mr Leopard:
Here is the President's 2011 Letter
Mar 31, 2011
Dear Shareholder,
Early in each New Year it has been my practice to post my letter to our web page and I know that a body of our shareholders appreciates this by their enquiries at around this time each year.
The Company has been exceedingly active during 2010 in a number of areas.
Firstly, we have progressed well with the development of our technology relating to the mineral wastes arising out of recycled paper. The first filing of our patent in this area was made in late 2009 and last year we entered into a co-operation agreement with industrial partners and sought a German Federal grant to support the project. This was approved late last year. This is an exceptionally interesting process as, by combination of CalciTech technologies, the waste minerals from re-cycled waste paper is purified and processed into two separate value streams of end product: Synthetic Calcium Carbonate ("SCC") with which we are all familiar, which will be re-cycled to the paper making process; and Sustainable Meta Kaolin ("SMK") that we believe has the potential to be a low energy cement substitute. This is a new product stream for CalciTech and requires further development, which is why a reputable cement company is part of the consortium. Our small scale plant at the Leuna chemical complex was moved to an adjacent site during the year and is being upgraded to meet the demands of this project in addition to its normal materials testing and sample production program.
A number of paper producers have taken a strong interest in our process and particularly because of its sustainability - "closing the process loop of materials". Dr Charles Kunesh, our US Development Director, presented a paper describing this at the Industrial Minerals Congress held in Miami early this year and a copy can be seen on our web page for more technical detail. Dr Robert Higgs, our R&D Director, presented a similar but more technical paper at the PTS-CTP Symposium in Munich.
As a result of this progress the Company has spent much time this last year reviewing the satellite concept of plant installation on site at customers. This type of plant, exclusively for production of coating SCC, we had anticipated as falling into a later phase in our program, but is driven by our advances in re-cycled paper. It is a very different model to our merchant concept, located at the customer's premises. It is normally a sole source of off take against long term contracts on very competitively priced terms and always delivered in a high solids slurry. Whereas our merchant concept can usually be located near CO2 and waste or other materials source and has mixed applications for our SCC in a variety of industries, and industry supply on small and short supply contracts to a wider range of customers, usually in a dry form. As such we have approached potential commercial partners with joint venture concepts, but we have failed to negotiate terms we would consider acceptable to our shareholders at this stage.
We have therefore decided to concentrate immediately on bringing several merchant plants to building stage and intend to concentrate on the smaller, non-paper coating, plants of which we have identified a number through our business planning. All prospective plants are now in Europe and therefore will be implemented by our new wholly owned subsidiary CalciTech Synthetic Minerals Europe Ltd. ("CSME") based in the UK. The prospective plants would be circa 40,000 tpa and could be in Germany, France, Spain, the Benelux or UK. As CalciTech has developed a number of these projects to an advanced stage, we anticipate that CSME should be "shovel ready" on two plants, subject to final financing, by the end of June 2011.
With several plants completed we have no doubt that execution on other projected merchant plants in Europe becomes very straightforward. We would expect thereafter to build a number of larger satellite plants for coating material at paper mills.
During 2010, funding for both working capital and project purposes has remained difficult and interest rates are no reflection of prime rates. Your Company made an investor relations appointment last year with a view to carry out private placements in the USA. Despite considerable efforts and expense, the only form of financing that was readily available was in the form of "equity lines". We were advised that these forms of finance, which are unfamiliar to us in Europe, were not appropriate to a company of our nature and would not be beneficial to our shareholders. We therefore decided we must concentrate on the European markets we know for new finance. We also concluded that until the USA was less restrictive in its funding availability and your Company was able to secure a more senior listing, it would be better to concentrate on seeking developing territories for operations.
The purpose of establishing CSME in the UK was with a view to seeking London funding acceptable to Europe and a listing on the Alternative Investment Market, a second tier of The London Stock Exchange. I am pleased to say that Mr. Rod Thomas, who is managing partner of a well-known South West Midlands law firm and experienced with AIM listings, has been appointed a non-executive director of CSME. Although conditions did not develop in 2010 as had been the hope in late 2009, the financial environment this year is much more encouraging. Even as I write Chancellor Osborne is outlining in his budget speech a range of SME incentives some of which must be appropriate for CSME. We believe that a listing on AIM now is a viable way to provide the working capital needs forward and the equity investments needed in the early smaller merchant plants now planned. Many plant prospects enjoy grants to some degree and, we have been told, qualify for European Investment Bank funding. We will work with our London funding sources and those available in the EU Member States where plants are to be located.
In January 2010, I was pleased to welcome Mr. Michael Brickell to our board of directors in a non-executive capacity. Michael, who is UK based, has since agreed to stand in part time as Managing Director of CSME and provide initial offices and accounting services to the company in Cheltenham, England to keep down operational costs. Both Thomas Livingstone and Michael Watts have agreed to become COO and Marketing Director respectively and Dr Howard Browning, another of our non-execs will act as Chairman. Our objective as I have previously announced is to differentiate the activity of European operations from CalciTech technology development to facilitate financing at the correct level of the business and within the European Union.
It is clear that the territories where SCC and waste remediation of our type will be used are quite different, either in their evolutionary stages, the market practices or management styles. In particular the local funding requirements and the need to secure the maximum protection for our technologies will require different local relationships and partners.
Michael Watts visited with me, both China and India earlier this year. Michael has considerable experience of working in Asia for much of his career. It is clear that there is a huge opportunity to recycle carbide lime waste and also re-cycled paper mineral waste in China providing significant environmental benefits, including absorption of CO2 emissions, while making certain industries completely sustainable with our SCC. India is potentially a similar opportunity to China, but may take longer to develop. We are now determining an entry strategy in both instances and would expect to appoint professional representatives this year to guide us through this process.
Finally, I would like to thank our small group for their exceedingly dedicated efforts and all those supporters around us. I am confident that their success with our plans will allow us to seek a more senior listing that will recognise our real value and reflect in our share price. We look forward to all support in achieving our objectives.
Yours faithfully,
R A Leopard
President
U & me both Robert, should be soon, waiting just like you...
MBOT
Hi MBOT
I too have a lot of faith, along with a large investment, in CLKTF.
I have my fingers crossed that the President's Letter, which seems even later this year, will be full of wonderful, exciting and extremely positive news. I think there is a strong possibility that the delay has been caused by the desire to include some spectacular news. One can only hope!
Even though I totally agree with you, and Maxine, I think I require a large dose of reassurance from the company just about now!!!!
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Calcitechs Revolutional Recycling process
[-url]www.calcitech.com/i/pdf/Presentation_2010-04.pdf[-/url][-tag][-chart]images.investorshub.advfn.com/images/uploads/2010/8/22/elbhfppt.gif[-/chart][-/tag]
Recycling waste from industrial paper processes.
Recycled paper produces a waste stream that is an environmental problem
CalciTech's technology enables paper producers to recycle all the minerals used in paper. This brings significant environmental and product benefits by eliminating disposal costs and replacing quarried minerals from distant sources with a recycled mineral that has better brightness, whiteness, opacity and printability than the original.
By enabling the raw material to be renewed in a closed loop, the paper industry can move closer towards the goal of zero waste, zero environmental impact and carbon footprint-free production. This will significantly reinforce their sustainability credentials.
The usage of recycled paper has reached 50 million tonnes in Europe and continues to grow as the demand for sustainable products increases. However it is not generally realised that paper contains up to 40% minerals which remain as a waste sludge after the recovery of the cellulose fibres. The elimination of this sludge is a growing problem following the new EU Waste and Landfill Directives. Similar problems exist with recycled paper in North America and China.
CalciTech's new process overcomes the problem of impurities that has hitherto hindered the re-use of these minerals. The new process uses CalciTech's original technology for treating waste lime and applies it to solve a growing environmental problem. Trials have been successfully completed with waste from a range of paper mills. The Synthetic Calcium Carbonate produced from this waste is of high brightness and low abrasivity.
PVC production using the acetylene process creates carbide lime which is an environmental hazard.
Carbide lime is one of the original calcium raw material sources evaluated for use in the CalciTech SCC process. This material is a waste by-product composed of impure calcium hydroxide that arises from the production of acetylene gas through the reaction of calcium carbide (CaC2) with water.
The calcium carbide is produced by heating coke and low quality quicklime to very high temperature in an electric arc furnace. The end product is typically only 80% pure with significant quantities of lime impurities and unreacted coke present. After the generation of acetylene gas, these calcium carbide impurities end up in the carbide lime, which, in turn, is usually disposed of in large landfills and lagoons.
Calcitech Turning Waste into a Marketable Product
CalciTech Ltd. (CalciTech) has developed a process for manufacturing Synthetic Calcium Carbonate (SCC) from waste lime and carbon dioxide. SCC is a white filler pigment and is used for paper filling and coating, and is used in paint. It is also a calcium source for pharmaceuticals and food. The Company's SCC process can utilize most grades of lime, including lime or industrial waste lime, such as carbide lime. CalciTech initially developed SCC products for the paper industry. However, it has developed two non-paper SCC products targeting the food, pharmaceutical and cosmetic industry, and the plastic, sealant, rubber and adhesives industries.
Share Structure
CalciTech is predominantly owned by long-term private investors. No one individual or institution holds a declarable stake in the company. Over 95% of the company is held by long-term European investors.
Officers and directors
Roger A. Leopard President, Chief Executive Officer, Director
Age: 67
John M. Smith Director
Age: 73
Howard Edmund Browning Non-Executive Director
http://www.calcitech.com - Tel: +41 22 710 4020 +41 22 710 4020 +41 22 710 4020 +41 22 710 4020
Email:info@calcitech.com
http://www.calcitech.com/s/Investors.asp
Address; 10 route de laeroport
Geneva, 1215 - Switzerland
Key Management
Roger Leopard, President & CEO, has been associated with CalciTech through its technology development phases. His background is chartered accountancy (Deloitte & Co), then The Great Universal Stores Ltd, where he developed the finance division. More recently Roger Leopard was President and Chairman of Computer Investors Group, Inc, a New York-based public company, and then established and ran a Geneva-based corporate finance and financial services business.
Thomas Livingstone-Learmonth, COO, Extensive senior management experience in various industries among which Chairman and Managing Director of various paper mills in France
François Roux, product Development Director, a leading coatings engineer in Europe, joined CalciTech as Technical Paper Services Manager with an in-depth expertise in paper coating research and development gained at Ahlstrom Paper Group, International Paper and Huber Engineered Materials. At Huber, he was applications manager for precipitated calcium carbonate. His remit was extended in 2005 and now includes the applications of SCC in all relevant industries.
Christoph Jensen, Project Director, is a mechanical engineer with significant project experience gained through planning and building process plants for the chemical, food and pharmaceutical industries. Christoph Jensen has extensive experience in the building of PCC plants through his role as project manager for Faxe Paper Pigments (now Huber Engineered Materials). He was closely involved with projects in South-America, the US, Canada and Europe.
Charles Kunesh, Business Development Director - Americas, has 25 years involvement in the mineral pigments industry through a successful career with the Minerals, Pigments and Metals Division of Pfizer, where he held positions of increasing responsibility. After Pfizer spun off this business to become Specialty Minerals Inc, he served there as Director of Research for 10 years.
Robert Higgs, Sales Director Polymer Applications, has over twenty-five years experience, particularly with Imerys, the French world leader in industrial minerals, Dr Higgs has held a variety of senior technical and commercial posts within the industrial minerals field. Amongst wide-ranging responsibilities, he led product development and marketing programmes for specialised ground calcium carbonate (GCC) in polymer applications. Dr Higgs also worked with other large corporations such as Dunlop and the Cookson Group.
Yvan Hequet, Manager Raw Materials Sourcing. Mr Hequet has extensive commercial and technical experience in the lime industry, having previously been sales director for ten years at Lhoist, the global market leader in burnt lime. Based on Mr Hequet's knowledge of, and experience in, the lime industry, CalciTech looks to introduce a considerable range of feed materials for the Company's SCC process, both for currently planned and additional production facilities.
Michael Watts, Marketing Director, a strong track record in bringing new technologies to commercialization. Currently on the Board of Alpine Venture Partners and BTG S.A., both of Switzerland, he most recently spent 6 years as President and CEO of the BTG Group, a multinational company owned by Spectris plc with €100 million in sales and 450 employees. BTG provides instrumentation and consumable products to the pulp and paper industry.
Jean-Claude Masson, Marketing Manager Food & Pharma, brings to CalciTech a broad international experience in the specialty chemicals arena as an executive with major companies including Shell Chemicals International. At Batelle in Geneva, he was Director of the Applied Economic Division, where he advised large corporations in the pharmaceutical, specialty chemicals, food and biotech sectors on their product development, diversification and acquisition strategy.
Marc Lakmaaker, Director of Corporate Communications, originally trained as a chemical engineer, has since gained considerable experience in advising public listed companies on their communication strategy. He has worked as a consultant to a both large and small market capitalised companies. While working for the Investor Relations Society, Marc Lakmaaker developed the first UK qualification for financial communications.
http://www.google.com/finance?q=clktf
"Spinning Straw into Gold"
http://www.calcitech.com/s/Environment.asp
Industrial Minerals Magazine
March 2009
Recycled Lime Waste Finds New Life in Calcitech's Coating Grade Synthetic Calcium Carbonate
http://www.indmin.com/Magazine/2107229/Making-the-grade---CaCO3-synthetic-but-effective.html
SCC Products
http://www.calcitech.com/s/Products.asp
CaciTech's SCC based products show a number of superior characteristics across a wide variety of applications due to their unique production process.
With the ability to fabricate exceptionally pure synthetic calcium carbonate from low grade raw materials the CalciTech process leads to globally consistent specifications. Impurities and large particulate contaminants are removed prior to the formation of the calcium carbonate. The table below provides some typical values for SCC physical properties.
http://www.calcitech.com/s/NewsReleases.asp
StockProfiler.US: Stock Watch: CLKTF, TNXI, SPMI
Trading Markets - Nov 11, 2009
November 11, 2009 Calcitech Launches Sustainable Product for Plastics Industry
November 02, 2009 Calcitech Reports Major Shareholder Filing
October 27, 2009 New Ultrapure Calcium Supplement
October 12, 2009 Calcitech Attends Eurocoat Exhibition
October 05, 2009 Calcitech Files New Patent
September 29, 2009 CalciTech at German Paper Coating Symposium
September 23, 2009 Calcitech Reaches Agreement With Calcinor
September 03, 2009 CalciTech Establish European Operating Company
June 30, 2009 CalciTech Files 2008 Results
June 08, 2009 CalciTech completes debt conversion, renewing credit facility.
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yhoo; http://search.yahoo.com/search?p=Calcitech+%28CLKTF%29+&fr=ush1-finance&ygmasrchbtn=Web+Search
goog; http://www.google.com/search?pz=1&cf=all&ned=us&hl=en&q=Calcitech+(CLKTF)&btnmeta%3Dsearch%3Dsearch=Search+the+Web
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not sure about share count.
Estimated Market Cap
$7,999,893 as of Nov 13, 2009
Outstanding Shares
99,998,665 as of Mar 31, 2008
Number of Shareholders of Record
1,350 as of Apr 17, 2008
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HISTORICAL: 3yr. 50-200ma...RSI - MACD - CMF - PRICES - VOLUME - BLACK BACKGROUND.
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"Spinning Straw into Gold"
http://www.calcitech.com/s/Environment.asp
"Spinning straw to gold" or how to create green parks out of fields of waste "Environmentally viewed, CalciTech has made an incredible move: We can actually clean up waste lime pits and transform the waste into a commercial quality product," Marc Janssens, COO of CalciTech Ltd., sums up the basic facts of his company's new commercial - and at the same time - environmental strategy: The production of very pure and fine SCC basically out of the combination of waste carbide lime and the omnipresent air-polluting CO2. The company's innovative product is made by a method developed in collaboration with several Universities and Research Centres. Its simple commercial formula grounds on the decrease of waste and pollution as well as on the economic ideal of exploiting cheap or even free resources. Compared to conventional PCC production, CalciTech has added several new processing steps in order to control the quality of the resulting crystalline substance; compared to the traditional approach, the unique advantage though is the possibility of being able to use waste instead of natural lime resources. Health and environmental problems of carbide lime Carbide lime is a problem waste. The primary concern associated with it is its high alkalinity - its pH factor of up to 12,45 - with its potential impacts to soil and groundwater. Moreover, the lime is contaminated by free carbon, ferrosilicon and also small amounts of several metal oxides. Skin- and eye-irritation may result from overexposure to the unwanted substance. Marc Janssens though, likes to remain reasonable about its hazardous effects: "Carbide lime certainly is industrial waste but the ponds are not highly dangerous. Its real problem is the storage, since there is so much of it." Carbide lime is everywhere Throughout the industrial world, it is estimated that tens of million of tons of carbide lime sit in huge ponds, ruining the landscape with their endless grey heaps of mud. Particularly affected by these waste pits are the former eastern bloc countries, such as the eastern part of Germany, Poland, and Slovakia. In Schkopau, a small German town close to Leipzig, there is probably more than 40 million tons of the polluted material "stored" in enormous pits. The waste material results from acetylene gas production, which was particularly important for the former eastern bloc economies. First Site Selected It is in Leuna, near Schkopau, where CalciTech is currently operating a small-scale production plant, and it is also where the Company plans to build its first full-scale commercial plant. In order to feed this plant, CalciTech has secured the operation rights for two of the pits at the Schkopau site. Furthermore, the Company obtains the required CO2 from Linde AG, an industrial company operating in the same industrial park in Leuna as CalciTech. Hochhalde-Schkopau Waste Site Western countries though should be far from thinking they were not concerned: before the 1990's practically all PVC production was based on acetylene, generated from calcium carbide. No surprise, we find large waste ponds also in the U.S.A. and many other countries. "We will certainly not empty all these waste ponds," comments Marc Janssens, COO, on the amounts of carbide lime needed for future SCC, "but our approach leads in the right direction. We cannot continue forever to create more and more waste." SCC vs PCC Production The most widespread traditional method of producing PCC is still the so-called "direct process", which starts from high quality limestone and natural gas as a fuel in order to guarantee a high purity. CalciTech has attempted to avoid natural resources and will still achieve an outstandingly fine, pure and consistent material, attributes previously difficult to achieve conventionally. The first stage for CalciTechs' new production variant was the "bench work" in collaboration with the University of Lyon, France, in 1997, followed by a long period of testing and improvements, with the help of a contracted research company. More information on CalciTech's process can be found on the Technology page of this site. CalciTech Concept In the same way the recycled carbide lime in CalciTech SCC can enhance the environmental quality of paint and plastic, partially and increasingly replacing the more expensive fillers based on natural resources. The introduction of ecological sources for SCC not only turns a page in CalciTech's own environmental engagements, but it marks a new approach towards industrial production in general: The use of waste instead of the exploitation of natural resources and the decrease rather than the increase of industrial waste and pollution. |
President's Letter January 2009
http://www.calcitech.com/i/pdf/CLKPresidentsletter21_01_09.pdf
News Releases
http://www.calcitech.com/s/NewsReleases.asp
11/14/2009; TA and DD Review Calcitech (CLKTF)
Industrial Minerals Magazine
March 2009
Recycled Lime Waste Finds New Life in Calcitech's Coating Grade Synthetic Calcium Carbonate
http://www.indmin.com/Magazine/2107229/Making-the-grade---CaCO3-synthetic-but-effective.html
CalciTech Ltd.
Email:info@calcitech.com
Tel: +41 22 710 4020
www.calcitech.com
Board of Directors
John Smith MBE (Non-executive Director)
John Smith holds a Bachelor of Arts degree with honors from the University of Hull. He enjoyed a distinguished career in international banking and finance. In 1989 he was appointed General Manager and subsequently Managing Director of Rathbone Trust Company SA, a wholly owned subsidiary of Rathbone Brothers PLC, an established private banking and trust company quoted on the London Stock Exchange. Mr. Smith retired as a non-executive Director from Rathbone Trust in 2007.
Dr. Howard Browning (Non-executive Director)
Dr. Browning graduated from Oxford with Honours in Organic Chemistry; he also holds an IEP with Insead. His work experience includes plastics, paints, resins, and several other fields. During his career he held several senior management roles within ICI and Zeneca. He was involved in the spin-off of Zeneca out of ICI. He headed the PCC division within the resins group, which moved to Zeneca and which has then been sold to Solvay/ Belgium. Recently he has been chairman of the Tullis Russel Group, a paper group, based in the U.K.
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