Nanoco, the biggest pump and dump scheme I have seen.
List of BS statements from Edelman and Nanoco
The Dow factory is at last producing Nano's cadmium free quantum dots (CFQDs).
Dow has started shipping CFQDs to Samsung, which is pushing hard for them. Samsung is planning a major push into TVs using CFQDs, with Dow/Nano as a dual source.
Dow has a contract from LG to supply Nano's CFQDs.
The Dow contract with Nano runs until 2028 and while royalties are reduced, they are still in double figures.
Nano is able to improve productivity significantly at the Runcorn factory at little extra cost.
Nano is talking about supplying a variety of TV manufacturers. One well-known name is looking to take CFQDs from Runcorn, and could agree to build a factory making Nano's CFQDs for its own use and for sale to others.
Nano has cash enough for two years. It expects lower revenues for the current year (to end July), but hopes for higher revenues thereafter.
Nano terminated Dow's exclusive right to make Nano CFQDs for display because it looked as if Dow would not make early sales targets.
There is a possibility that Nano could sign a deal with the new customer/manufacturer before July 31, and that modest initial royalties on the first CFQD sales could be recognised by that date.
Major shareholder Henderson has bought one million more shares recently, going up to 19.35%. Entrepreneur investor Richard Griffiths, who sold some Nano a while back, recently added nearly 7m shares and with CFDs now has more than 8.6%.
Nanoco is still the only company capable of producing CADMIUM FREE quantum dots in high volume just as demand for quantum dots is exploding and dots containing cadmium are being phased out or outlawed over much of the globe.
Edelman should hide his head in shame for all the Runcorn running 24/7, Dow factory testing/running and whispers of Samsung BS he has spouted over the years, while at the same time selling personal shares whenever he has pumped.
Good luck with your investment over there.
