#Integumen #SKIN #DeepVerge #DVRG @gjbrandon

A 48 hours I would happily choose to forget, but I continue to be a significant shareholder of #Integumen ( #DeepVerge). It continues to be my favourite ‘ESG’ investment on AIM. Rationale as follows. 1/15

Yesterday was a perfect storm. Day-traders looking for the next ‘Covid moonshoot’, coupled with their a major shareholder, the Helium Rising Stars Fund, selling nearly 6%. Helium only invest to £50m mcap, at 61p/64p where they sold #SKIN + #MWG had a combined mcap of >£100m. 2/15

Its not within the fund investment strategy to hold companies of that size, which is why they sold. Its a shame it happened yesterday, it created utter panic amongst PIs and what can be only seen as the most ridiculous day of share price movement I have ever seen on AIM. 3/15

I see significant value in the 4 core business channels;
1. #Labskin - lab-grown human skin, enables remote clinical trials of skincare products, prevents the need of animal testing of skin products.
2. #Rinocloud - artificial intelligence, data management, machine learning 4/15

3. Water Monitoring - once #MWG is acquired, #DVRG have access to Gold-Standard water monitoring kit, and a worldwide distribution channel.
4. Covid Monitoring - below ground and above ground, waste-water community screening, and above ground breath-testing. 5/15

These are 4, potentially industry-revolutionising businesses. That is why I invested at in both #SKIN and #MWG at around 1p (10p post consol.). That has not changed. €Rinocloud is what enables the other 3 businesses to be revolutionary. I shall explain why: 6/15

Water monitoring has historically been done by sampling, you sample water every few days and test it. Once you find a problem you remedy it, often too late. With the addition of Rinocloud, you have LIVE water monitoring. You detect a problem instantly, as soon as it happens. 7/15

With both skin trials and water detection, you create a repository of data/knowledge of research and predictive analysis. You provide time-stamped, validated and reproducible data. You can start to able to predict outcomes using the AI and machine learning. 8/15

Re. yesterday and the #Covid19 Testing, we have (that I know of), the worlds only live water monitoring, community-screening Covid monitoring device. This is hugely important as it can track and identify hotspots, collect data and be used to predict outbreaks. 9/15

What was announced yesterday, was the first end-to-end Covid testing solution. A system which has community screening, and a time-stamped positive/negative that is available within seconds for £4 a day. #AVCT may be developing another, but we are yet to see it & cost. 10/15

Even if the solution announced yesterday is not installed worldwide, it is the perfect solution for the cruise industry, offices, airlines, hospitals and schools. Those are significant potential revenue channels, worth far more than the current £50m mcap in my eyes. 11/15

The QR code aspect prevents queues into venues, enables one to go to an event with the peace of mind that they are going to be allowed in. Pregnancy style tests will be hard to timestamp, not reusable and you’d need to wait for the result while someone watches. Queues. 12/15

The breathalyser is unique to a given person, it is linked to the app when you buy it. That means that only the person that buys the breathalyser can use it, and someone else can’t take the test for them. Another problem with the pregnancy style, unless someone is watching. 13/15

Funding: They have >£1m in cash from warrants, and a £3m debt facility - GB has said that this lasts them well into 2021 - there is certainly going to be a lot of news between now and then. Revenues up 400% yoy, and they are on the cusp of being EBITDA positive for H2 2020. 14/15

One Snippet from the AGM Q & G. ‘Have you engaged with governments?’ GB - ‘Yes, multiple, not just the UK’.

Lets see where it goes, but I get the feeling that there is a lot more to come…

15/15