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SALT

MicroSalt (#SALT) – emphasises “Multiple Placements of Products and B2B Progress”, but no financial specifics (natch!)

2024-09-16 06:55:57

Microsalt Results are piss poor and show the utter deceit of the AIM IPO

On February 1 2024 Microsalt (SALT) listed on the AIM casino, promising to revolutionise the world of low sodium salt, a market already not exactly devoid of players. It raised £3.1 million gross (call it £2.5 million net) at 43p and stated that the cash would be used:

By Tom Winnifrith | Published 2024-05-30 12:31:42 |

Microsalt: wonder IPO or ludicrous price?

Microsalt (SALT) tried to raise £10-15 million ahead of an IPO last October but for some unexplained reason, Nomad Zeus postponed the IPO. On 1 February it joined the AIM sewer after raising £3.15 million gross (£2.5 million net) at 43p giving an £18.5 million valuation. Today, after announcing what it termed a “vital” deal earlier this week, the shares are 112.5p so valuing it at just over £48 million. Really?

By Tom Winnifrith, the Sheriff of AIM | Published 2024-02-16 14:27:49 |

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Recent Comments

PHIL55666 Oct 2026

As 19,451potential terrorist invade this country, it is OK that is down 40% on last year.The police turn up and escort them to their 3 star hotels with 3 meals a day some pocket money and lawyers and doctors and dentists.I have not looked but imagine their is not a Jew amongst them.Probably very few christians.Though more Muslims to vote Green and Labour and join protests.The police can do nothing but turn a blind eye to the grooming and rape gangs and protests.If you are white and you throw a plastic bottle at the police you can expect 2 years within days of the incident.Such is the UK, the political elite are building.

Tom Winnifrith Bearcast No 2: It’s October 7 tomorrow and Britain sickens me again & why there is no Kenmare read across

PHIL55666 Oct 2026

My 2000 AMRQ is not enough to compensate for my 2,000,000 KEFI. Though I am glad I bought some AMRQ.I like dividends, so look forward to even a small payment in the near future.

Tom Winnifrith Bearcast No 1: Amaroq day

TOM6 Oct 2026

My answer is that it is not necessary to consider hypothetical questions merely to know a little history. But folks on the left rarely know history other than the history of colonialism and white oppression learned in Black History Month.The Roman Empire did not borrow money, for a while it engaged in fiscal prudence spending what it could raise via taxes both on its own lands and on those that it colonised.But the demand for panes et circuses grew, the ancient equivalent of the welfare state and the BBC and worse still the costs of supporting a bloated military grew and eventually Rome engaged in MMT, it printed money or rather cut and cut the amount of silver in each coin. It worked for a while but then as folks realised that more coins chasing the same amount of hard assets caused inflation. And that caused societal breakdown as inflation always does as the gap between those with hard assets and wage power and those without grew. As always happens that leads to civil war and or societal breakdown ( see Weimar, 1600s England, etc).Inflation encouraged speculation rather than investment and distorted any idea of making a return on capital via hard work and so the economy floundered. Economic weakness and societal breakdown destroyed the Roman EmpireThat Lucian is why MMT is not just a duff theory but it is something that is proven not to work.

Win a bottle of champagne from Lucian Miers MMT contest

JAMES1N16 Oct 2026

I cannot see how TerpenTech can “pay” this time. Last occasion, if i understand right, it was by issuing shares, but given the percentage that Eden now hold, i cannot see this wheeze working this time round…

EXPOSE: Eden Biosolutions – revisiting the dodgy TerpeneTech transaction as new accounts out, this is as kosher as a pork pie

EASYASOT36 Oct 2026

Just teasing! Great coverage 👍

Tom Winnifrith Bearcast No 2: It’s October 7 tomorrow and Britain sickens me again & why there is no Kenmare read across

EASYASOT36 Oct 2026

And you were doing so well with the QBT name! Referred to them as Quantum Data at around 10:35Maybe a question for this Sunday Quiz: How many times did Tom get QBT's name wrong this week? lol

Tom Winnifrith Bearcast No 2: It’s October 7 tomorrow and Britain sickens me again & why there is no Kenmare read across

COLORBLIND866 Oct 2026

Congrats on AMRQ. It's a strong investment choice. Wish I was in AMRQ and not KEFI but let's hope both come good by YE!

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TOM6 Oct 2026

so only just been informed of something that happened on 17 sept? BOLLOCKs. QBT, the wanker PR Taylor Wilkinson and disgraced Nomad SP Angel had a call from AIM Reg thanks to my efforts and was forced to fess

Tom Winnifrith Bearcast: a challenge for Bexley YC’s 57 year old chairman, the Quantum scandal and Amaroq for the FTSE 250 this week?

EASYASOT36 Oct 2026

QBT RNS out at just now. the defendant subsequently applied for, and has been granted, admission to a court supervised liquidation procedure

Tom Winnifrith Bearcast: a challenge for Bexley YC’s 57 year old chairman, the Quantum scandal and Amaroq for the FTSE 250 this week?

Sohail6 Oct 2026

These are anecdotal stories based on a sample of one.There are many stories of people who genuinely qualify but have to go through multiple obstacles to claim anything.What is clear is the benefits system is not fit for purpose what is not clear is whether any group has any alternatives .This issues need to be taken out of politics but they won’t be.As the Daily Mail found people love to hate

What’s the benefits bill where you live? Fascinating new tool from the TPA