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Thursday, April 19, 2012 6:07:27 PM
homey_g NHSH, Mineseeker Excellent Update.
NHS Health Solutions Journal
Mineseeker Business Development Timelines
Posted by ir at 12:00, April 19th 2012.
We are extremely excited about the future prospects of Mineseeker and NHSH.However, it seems that some shareholders are unfamiliar with the process of our business and the evolution of the company. This blog is offered as a helpful explanation of how the Mineseeker business is conducted and the process involved within the humanitarian market sector.
Most questions seem to be centred around time lines, so I will endeavour to address this.
Mineseeker Operations has only been in business for a little over two years. Some people have referred to over ten years, as the time line; however, this is not accurate. The Mineseeker Foundation was formed in 2000 but that entity was (and still is) a not-for –profit organisation. Obviously, a foundation would not be suitable as an investment vehicle, where investors -quite properly, expect to be able to make a decent return for any investment they make.
The Mineseeker Foundation was funded to support victims of landmines and create an awareness of the plight of these victims. The Foundation also funded the initial testing of a British MOD GPS radar system which, being heavy and sensitive, could only be carried by a relatively vibration free platform. Hence the use of a blimp.
The test was highly successful in as much as the radar located all of the landmines at the test site in Kosovo. The Mineseeker Foundation team was aware that the British radar, while validating the effectiveness of Ground Penetrating Synthetic Aperture Radar (GPRS), was not economically viable.
It became obviously apparent that a commercial entity was necessary as the development of a new technical offering was a costly business and would need substantial funding in order to service a very large market sector.
Mineseeker Operations was formed to facilitate the move to a for- profit company and investment was secured. However there has been significant delays, not uncommon with new companies moving into a mature market place where traditional methods and products will face competition from a claimed revolutionary and ‘disruptive ‘new product. Incumbents in the market place may fear for their future, criticise and make it as difficult as possible for the ground breaking new technology to take a large foothold in the market. That is all normal, healthy and a recognisable part of doing business.
A primary, unforeseen delay concerned the investment. Most shareholders are aware that the initial funder was unable to complete the agreed funding schedule.
Moving forward.
Since the formation of Mineseeker Operations, the team engaged with many companies claiming to have a GPSAR system that was deployable on an airborne system. It also identified that the system would need to be light enough to be carried on light aircraft, in order to make the technology economically viable. This was achieved and consolidated.
The team also understood that a GPRS as a single tool was not enough to produce a locater map for the de-mining operatives. The technology would need a visual layer and Mineseeker identified aneed for aphoto mosaic, geo-referenced product that could be overlaid onto GPSAR tiles. This had never been achieved before. The team engaged with a small number of companies that we felt were capable of developing such a product. This was not a quick process – development of new technology seldom is.
Once the management team was satisfied that the photo mosaic process was sound, it was deployed to Croatia to trial the product and its integration with the GPSAR technology; the resulting data processing capability, image definition, signal quality, reliability and cost and operational issues surrounding the deployment in a foreign country by a multinational team of specialists.
During this period of time an internationally recognised certification programme was undertaken to allow the aerial platform to carry the equipment. This was completed.
The aforementioned steps and procedures have taken time and have cost a great deal of money which we have continued to raise through private investors.
Once the technical and operational issues were re-confirmed, the certification requirements complete and the sample results available we released the information to the public.
It has been very well received by potential customers and leading companies in the business of humanitarian landmine and unexploded ordinance location and clearance.
Ongoing strategy.
We understand that some shareholders are impatient for Mineseeker to get under revenue. We are too, but it is important to understand the steps we have to take to make that happen.
Operating in foreign countries, particularly those in post conflict areas takes careful planning and needs to be operated and implemented in line with the rules and regulations of those countries.
The moving of technical equipment and foreign personnel can be a highly regulated and complicated procedure, as can the operational aspects of the aircraft overseas. It can involve cross Government agreements, civil and military permits and political approvals. It can be time consuming. Uniquely the Mineseeker team and its associates have many years of experience in this arena and will expedite matters as quickly as it is possible.
It is often necessary, often obligatory, to form Joint Venture companies in each country (allowing in country shareholders) we intend or are invited to operate in. We will choose our partners carefully and we already have a JV established in Southern Africa and are forming one In Angola. We now have a partnership In the MENA region with a highly reputable company and are in talks with a South American entity. We plan to extend this reach to cover Asia. Again the management team at Mineseeker has many years of international business experience having established joint ventures and operated in over 23 countries worldwide.
In the two years since our formation we have made huge progress and are now ‘ready for business’ and have a unique product that has the potential to be highly profitable, while offering huge cost savings in comparison to what the market currently offers. At the same time, this product will save a lot of lives and create new and exciting business opportunities. My message would be to have patience. This is an opportunity to build a large international company but it will not be achieved by chasing quick wins with little substance. We are in contract negotiations at the moment and will move forward with these with expediency and report our progress to you.
We are confident of the capabilities of the technology and of our management team’s abilities to deliver on strategy. However, as in all ground-breaking business there will be hurdles to cross and unexpected issues to deal with, but we will succeed.
Your continued support is appreciated.
Mike Kendrick.
PS. I understand some people have remarked on my health. I am in fine fettle, thanks. A little vertigo, now and again, probably caused by spending to much time at altitude and enjoying myself trying to break records. But I am humbled by the concern. In any event, God bless the Queen- health care is free in the UK.
http://www.nhshinc.com/journal.html
NHS Health Solutions Journal
Mineseeker Business Development Timelines
Posted by ir at 12:00, April 19th 2012.
We are extremely excited about the future prospects of Mineseeker and NHSH.However, it seems that some shareholders are unfamiliar with the process of our business and the evolution of the company. This blog is offered as a helpful explanation of how the Mineseeker business is conducted and the process involved within the humanitarian market sector.
Most questions seem to be centred around time lines, so I will endeavour to address this.
Mineseeker Operations has only been in business for a little over two years. Some people have referred to over ten years, as the time line; however, this is not accurate. The Mineseeker Foundation was formed in 2000 but that entity was (and still is) a not-for –profit organisation. Obviously, a foundation would not be suitable as an investment vehicle, where investors -quite properly, expect to be able to make a decent return for any investment they make.
The Mineseeker Foundation was funded to support victims of landmines and create an awareness of the plight of these victims. The Foundation also funded the initial testing of a British MOD GPS radar system which, being heavy and sensitive, could only be carried by a relatively vibration free platform. Hence the use of a blimp.
The test was highly successful in as much as the radar located all of the landmines at the test site in Kosovo. The Mineseeker Foundation team was aware that the British radar, while validating the effectiveness of Ground Penetrating Synthetic Aperture Radar (GPRS), was not economically viable.
It became obviously apparent that a commercial entity was necessary as the development of a new technical offering was a costly business and would need substantial funding in order to service a very large market sector.
Mineseeker Operations was formed to facilitate the move to a for- profit company and investment was secured. However there has been significant delays, not uncommon with new companies moving into a mature market place where traditional methods and products will face competition from a claimed revolutionary and ‘disruptive ‘new product. Incumbents in the market place may fear for their future, criticise and make it as difficult as possible for the ground breaking new technology to take a large foothold in the market. That is all normal, healthy and a recognisable part of doing business.
A primary, unforeseen delay concerned the investment. Most shareholders are aware that the initial funder was unable to complete the agreed funding schedule.
Moving forward.
Since the formation of Mineseeker Operations, the team engaged with many companies claiming to have a GPSAR system that was deployable on an airborne system. It also identified that the system would need to be light enough to be carried on light aircraft, in order to make the technology economically viable. This was achieved and consolidated.
The team also understood that a GPRS as a single tool was not enough to produce a locater map for the de-mining operatives. The technology would need a visual layer and Mineseeker identified aneed for aphoto mosaic, geo-referenced product that could be overlaid onto GPSAR tiles. This had never been achieved before. The team engaged with a small number of companies that we felt were capable of developing such a product. This was not a quick process – development of new technology seldom is.
Once the management team was satisfied that the photo mosaic process was sound, it was deployed to Croatia to trial the product and its integration with the GPSAR technology; the resulting data processing capability, image definition, signal quality, reliability and cost and operational issues surrounding the deployment in a foreign country by a multinational team of specialists.
During this period of time an internationally recognised certification programme was undertaken to allow the aerial platform to carry the equipment. This was completed.
The aforementioned steps and procedures have taken time and have cost a great deal of money which we have continued to raise through private investors.
Once the technical and operational issues were re-confirmed, the certification requirements complete and the sample results available we released the information to the public.
It has been very well received by potential customers and leading companies in the business of humanitarian landmine and unexploded ordinance location and clearance.
Ongoing strategy.
We understand that some shareholders are impatient for Mineseeker to get under revenue. We are too, but it is important to understand the steps we have to take to make that happen.
Operating in foreign countries, particularly those in post conflict areas takes careful planning and needs to be operated and implemented in line with the rules and regulations of those countries.
The moving of technical equipment and foreign personnel can be a highly regulated and complicated procedure, as can the operational aspects of the aircraft overseas. It can involve cross Government agreements, civil and military permits and political approvals. It can be time consuming. Uniquely the Mineseeker team and its associates have many years of experience in this arena and will expedite matters as quickly as it is possible.
It is often necessary, often obligatory, to form Joint Venture companies in each country (allowing in country shareholders) we intend or are invited to operate in. We will choose our partners carefully and we already have a JV established in Southern Africa and are forming one In Angola. We now have a partnership In the MENA region with a highly reputable company and are in talks with a South American entity. We plan to extend this reach to cover Asia. Again the management team at Mineseeker has many years of international business experience having established joint ventures and operated in over 23 countries worldwide.
In the two years since our formation we have made huge progress and are now ‘ready for business’ and have a unique product that has the potential to be highly profitable, while offering huge cost savings in comparison to what the market currently offers. At the same time, this product will save a lot of lives and create new and exciting business opportunities. My message would be to have patience. This is an opportunity to build a large international company but it will not be achieved by chasing quick wins with little substance. We are in contract negotiations at the moment and will move forward with these with expediency and report our progress to you.
We are confident of the capabilities of the technology and of our management team’s abilities to deliver on strategy. However, as in all ground-breaking business there will be hurdles to cross and unexpected issues to deal with, but we will succeed.
Your continued support is appreciated.
Mike Kendrick.
PS. I understand some people have remarked on my health. I am in fine fettle, thanks. A little vertigo, now and again, probably caused by spending to much time at altitude and enjoying myself trying to break records. But I am humbled by the concern. In any event, God bless the Queen- health care is free in the UK.
http://www.nhshinc.com/journal.html
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