Bit of a blue sky company but some interesting products. Plastic stronger than steel !!

In Sept it anounced its first agreement with a UK manufacturer involving the grant of a licence for the use of the 3DM Powder Impression Moulding (PIM) process. The first products intended to be manufactured using the PIM process are in the building products sector

http://www.3dmworldwide.com/index.htm

Price risen 12% today on little news and the US seller now seems to be out of the way.

There are some excellent post on this company on the Mike Walters site unfortunatly as a subscriber only site unable to reproduce

DYOR I hold shares

Any views welcome

3DM Worldwide PLC
29 March 2004


Press Release 29 March 2004



3DM Worldwide announces a Licence Agreement with Geomatrix Inc.


3DM Worldwide plc ('3DM' or the 'Company'), a leader in plastics technology
intellectual property, is pleased to announce the signing of a Development
Licence Agreement with Geomatrix Inc. of Michigan, USA.

Geomatrix is a supplier of wood and plastic products for the home consumer
building materials market in the United States and Canada. Geomatrix is a major
supplier to Lowe's Companies, Inc. (NYSE: LOW), a Fortune 100 company whose
sales in fiscal 2003 were US$30.8 billion. Lowe's serves approximately 10
million customers a week at more than 950 home improvement stores and, in 2003,
it was named as the USA's most admired specialty retailer. Geomatrix's other
customers include The Home Depot, Inc. (NYSE: HD) which describes itself as the
world's largest home improvement retailer and is the second largest retailer in
the United States, with fiscal 2003 sales of US$64.8 billion.

Under this agreement, Geomatrix has been granted a licence by 3DM to develop a
number of products in North America, beginning with lattice fence panelling,
decking, trim boards, door windows and trim mouldings used in residential home
construction.

The terms of the licence, which is initially for fifteen years and renewable
thereafter, call for a 10 per cent royalty to be paid to 3DM on the first US$10
million of product, subject to minimum sales of US$2 million in the first year,
US$10 million in the second year and US$20 million in the third year. There are
reducing royalties on sales above US$10 million per annum, set at 8 per cent on
sales of US$10 million to US$25 million and 6 per cent of sales above US$25
million. 3DM will retain ownership of its existing Intellectual Property, as
well as any new Intellectual Property developed from the existing applications.
Production is expected to start in the second half of 2004.

Initial research and development work for the product range will be undertaken
by Value Plastic Technologies LLC ('VPT'). Thereafter Geomatrix will source
full production manufacture through one of its own affiliates but with VPT
manufacturing and selling the bespoke machinery for 3DM's Powder Impression
Moulding ('PIM') process.

VPT is a specialist plastics business whose activities include the manufacture
of plastic processing machinery. Under the terms of an agreement that was
announced on 7th November 2003, 3DM has a 20 per cent interest in VPT, whose
President and Chief Technical Officer is Miguel Linares, previously President of
3DM Technologies Inc.

Ken Brooks, Executive Chairman of 3DM Worldwide plc said: 'Our November 2003
announcement on VPT said they would use a leased prototype PIM machine to
conduct R&D under a non-exclusive licence on potential PIM applications within
the consumer building materials industry in the United States. We were very
confident that our partners in VPT would be of great use to us in the North
American roll-out of the PIM process and this first deal introduced by them is
extremely exciting. We expect more from this source in the future.'


- Ends -



For further information:

3DM Worldwide PLC
Ken Brooks, Chairman Tel: +44 (0) 1993 779468
kenb@3dmworldwide.com
www.3dmworldwide.com

Update on 3DM Worldwide Investment and Licensing Deal with Highseas Technologies Limited



http://www.uk-wire.com/cgi-bin/articles/200403291539580552x.html

sorry janus - didn't realise there was another thread :-(

Very good news that needs two airings anyway, one for each piece of news ;-)

Regards

Adie2001

No problem Adie.

The Highseas website for those interested also Dixon Yachts design website

http://www.highseas.co.uk/

http://www.dixonyachtdesign.com/

From the Independant

Buzz about plastics

There is a growing buzz around 3DM Worldwide, the AIM-listed inventor of a revolutionary new manufacturing technology, a plastics moulding process it calls powder impression moulding. The process uses recycled material and is energy efficient, and the resultant product can be made as strong as steel. 3DM is not a manufacturer, but rather licenses the technology to others, and in just the past week PIM has been signed up for use in yachts, door windows and fence panelling. The company is expected to make its first profit this year as royalties start to come through

Well I'm still in this and hopefully expecting a bounce this afternoon...Could be wrong of course !

Some comments from the papers today

Guardian

On AIM, 3DM Worldwide was one of the biggest losers after investment website T1PS.com claimed the market capitalisation of the loss-making plastic moulding technology company, at 52m, was almost impossible to justify.

T1PS has written to 3DM asking for clarification on a number of issues, the most interesting of which concerns Silkwood Financial Corporation.

As close followers of the company will know, 3DM agreed a $15m (8m) five-year royalty deal with Silkwood earlier this year.
The company, however, which has yet to file its annual report, has been unable to provide T1PS with a contact name or number for Silkwood.

Telegraph

Plastics developer 3DM Worldwide tumbled 20.5 to 78p after share tipping website t1ps.com said it "cannot see how the current share price is justified". Simon Cawkwell, the bear trader nicknamed "Evil Knevil" is understood to be bullish the stock.

Independent

3DM Worldwide came under heavy selling pressure for the third day in a row, sending the group's shares crashing 20.5p to 78p. Such was the hurry of some investors to exit the stock that sellers were willing to accept prices as low as 68p, a level at which a block of 375,000 shares crossed the market. The plastics developer has until the end of the month to post its 2003 results otherwise its shares face suspension.

Mail

Following a weighty 'sell' article on t1ps.com, the investment website, investors bailed oit of Aim-listed 3DM Worldwide in droves.
Shares of the company, which owns intellectual property rights to a process that converts waste plastic into a form harder but much lighter than steel, crashed to 69p before closing 20.5p down at 78p.

Interesting times. I am led to believe that TDM are talking to their lawyers re the insinuations on t1ps.com and a statement will probably be made today

I have also asked this on ADVFN.

Can anyone supply a location or contact details for "Silkwood Financial Corp"?

I have looked on google, but without success!

Andy, nobody seems to know. That was one of the questions T1ps asked without a response.
It would also seem that there is not now going to be a statement today, not even to announce when the results are going to come out !

Wounded 3DM looks to results to silence critics
By Stephen Foley
07 June 2004


The most eagerly anticipated results due from AIM are the delayed full-year figures from 3DM Worldwide, a company at the centre of an extraordinary bear raid. An anonymous dossier on the company has been circulating in the City over the past few days, prompting a furious response from the company and its fans. They insist the results will put an end to the sniping.

An Oxfordshire company, 3DM has invented a revolutionary manufacturing technology: a plastics moulding process it calls powder impression moulding (PIM). The process uses recycled material and is energy efficient, and the resultant product can be made as strong as steel. We have reported in this column before the buzz being generated by a string of licensing deals with other companies hoping to use PIM for new products, including yachts, scaffolding and fences.

It is these deals that are the subject of the bear raiders' innuendo. Most of the licensees are start-up ventures, and several are run by former 3DM executives. 3DM has also paid for equity stakes in several of its partners. No household names have taken on the technology.

For its part, 3DM argues these sorts of deals are the quickest and most sensible way of getting a revolutionary technology developed. Of course former directors are going to be fans of PIM and have their own ideas for start-up companies that could use the technology, it says.

The case against 3DM is being argued by Tom Winnifrith, the former presenter of Channel 4's dot.com era game showShow Me The Money, through his online tipsheet, t1ps. He says the company has refused to answer simple questions about its business partners, but admits he might "look a right Charlie" if the 2003 results answer all his objections.

The delay as the results are checked with advisers has frustrated fans of 3DM, who watched as 16m was wiped off the value of the company last week, leaving it valued at 61m. They hope for a company statement this week, and 3DM certainly has to file figures before the end of the month or face being suspended from AIM
http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=528998

Interesting to see that Mike Walters has posted a piece about TDM and he seems happy with the way things are.

http://www.michaelwalters.com/

Results out on Monday 14th June

Not a promising company as its price has dropped from 2.10 to 87p now. Simon Cawkhill (Evil Knievil is wrong this time.

janus,

I would be somewhat nervous of holding this on Monday, because, IF the results aren't good, and they do not answer some of the questions regarding their structure that have been asked of late, in particular re Silkwood, the shorters will be basck IMHO, and the proce could really be clobbered.

Good luck to all.

2.10 are you sure you have the correct share ? Results Monday I'm happy to wait !

Andy, I have to admit after reading that sell note from Tom Winnifrith last week I was somewhat worried. I understand he has put out a further sell note today, this on the basis of post on the Mike Walters site and in which he has breached copyright and even then would seem to have misinterpreted.

I am happy to hold these at this time and have made my own enquiries.
Bob Erickson at Geomatrix seems a straight guy and seems very upbeat on the TDM process. Tel: (248) 643-7764. Fax: (248) 643-7860.

Vtech 248) 853-6750 or Value tech wont say much at all as they are under a confidentialty agreement,not unusual. They do have a website which tells what they make.

http://www.vptech.us/

The only thing that is curious is Silkwood but I am assured that its all ok and I am happy to continue holding at this time

I would expect the chairmans statement to clear up any questions.

Of course I could be wrong so DYOR

I am now out of these.

3DM Worldwide, the plastic moulding technology firm, was one of the biggest fallers on Aim yesterday, hit by speculation that stock exchange officials were investigating allegations - made on investment website T1PS.com - concerning disclosure of dealings by major shareholders and earnings forecasts. 3DM closed 15.5p lower at 62.5p.

http://www.guardian.co.uk/business/story/0,3604,1241643,00.html

Plastic group under LSE scrutiny
By Stephen Foley
18 June 2004


The London Stock Exchange was looking into the affairs of the plastics company 3DM yesterday, amid allegations of misleading investors and deepening confusion over the status of its most eagerly anticipated new product.

The retail investor favourite is at the centre of a vicious raid by short-sellers, who have passed information on the company to the LSE, which regulates the AIM where 3DM shares are traded.

They claim a major shareholder - Battlebridge, a Jersey-based company owned by a friend of 3DM's chairman, Ken Brooks - has sold shares without the market being informed. The company denies this and says it is mischief-making by the raiders who include the notorious short-seller Simon Cawkwell, known in the City as Evel Knievel.

Grant Thornton, 3DM's adviser, said last night it was looking at this and other claims that the company misled the market.

The developments came as 3DM shares plunged 20 per cent to 62.5p. They have halved in value since the start of June.

There was confusion, too, over the status of the most eagerly anticipated new product - a "bed", or base, for the back of a DaimlerChrysler truck, made of a plastic as strong as steel. The company's US development partner said work on parts for a DaimlerChrysler truck has been suspended until the autumn and could be delayed for months - just days after 3DM's annual results struck a bullish note.

Mario DiNello, head of 3DM's US manufacturing partner, Global Tech International, said he was waiting for DaimlerChrysler to supply the blueprint for the 2005 model by September before proceeding to ramp-up production. Asked how many beds could be produced this year, Mr DiNello said: "If we have to make a new mould, that is going to take time, and that could push the timeframe back a bit. If there is no model change, we can accelerate immediately."

Mr Brooks said production could be ramped up anyway using the existing mould. He stood by Monday's results statement promising accelerated production by the end of 2004, adding that sales of "5,000 by Christmas" were possible. Mr DiNello yesterday said "more than a dozen" beds had been produced, while Mr Brooks said "less than 100" existed.



http://news.independent.co.uk/business/news/story.jsp?story=532713

Technology impresses but the sales are slow
By David Blackwell
Published: June 21 2004 5:00 | Last Updated: June 21 2004 5:00

This is a saga featuring the manufacture of toilet paper in Kyrgyz, the possible use of recycled hospital waste to make bricks and a character called Evil Knievil.


It highlights the dangers of bulletin boards on the internet, where expletives are never deleted. It also shows the difficulties facing a tiny company that believes it has a world-beating technology, but has yet to prove it in the sales line.

The company is 3DM Worldwide, which has spent the last couple of years developing a process called powder impression moulding (PIM).

The technology is impressive. Little else could account for the fact that the shares were driven from a 12-month low of 18p to a high of 199p earlier this year, backed by some favourable comments in internet tipsheets.

At the peak, the company's 65m shares had a value of almost 130m. Yet it employs only about 20 people, and last week reported a loss of 1.44m on turnover of 250,000 for the year to December.

The fall in sales from 313,000 in 2002 reflects a radical change of direction at the company. It used to be known as Camco when trading on Ofex as a manufacturer of paper products in Kyrgyz in central Asia. But, on moving to Aim two years ago, the company issued 24m shares to acquire 3DM Technologies from a US company. It has since been selling off the Kyrgyz assets and building a licence-based business on 3DM's technology.

Powder injection moulding came out of research for the Detroit motor industry. The process involves coating the inside of two aluminium moulds with polymers that can be sourced from recycled plastics. The gap between the moulds can be filled with almost any other agent, including recycled waste from hospitals. Ken Brooks, executive chairman of 3DM, says that even old syringes can be used - the needles give added strength.

Mr Brooks cites numerous uses for the product. He talks of bricks being made in Africa with an outer skin of polymer from recycled soft drink bottles, filled with dung or straw.

In effect, he says, the products can be used as a kind of plastics landfill, soaking up otherwise troublesome waste and converting it to something valuable. He has spent the last two years putting together a series of deals both for the use of the product and the construction of machinery to make the product. He has also been concentrating on keeping the patents as tight as possible.

Evil Knievil is a bear raider who appears on t1ps.com, a website edited by Tom Winnifrith, former presenter of Channel 4's Show Me the Money. Mr Knievil, whose real name is Simon Cawkwell, was one of the investors who was seduced by the story. He bought into the company at up to 180p.

However, adverse comments on various bulletin boards have sent the shares tumbling. On Friday they closed at 65p. Mr Knievil said on t1ps.com last week that he now holds a neutral position in the shares - but the escapade has cost him 1m.

Mr Winnifrith has also published a sell note on the company after an extended meeting last week with Mr Brooks. He says his meeting threw up as many questions as answers, and concludes: "For a lossmaking company with minimum tangible assets I cannot find any way of justifying the valuation."

3DM needs shaking up. Last year its shares were suspended after it failed to produce its 2002 accounts on time. This year's problems with adverse publicity were compounded by the lateness of the accounts again - it had only another fortnight to run before a further suspension would have been incurred.

It has only just appointed - but not yet named - a finance director. There are no non-executives, although Mr Brooks expects three to join shortly.

Yet the technology continues to attract investment interest from institutions. New Star last week bought a further 200,000 shares, taking the total in its Select Opportunities Fund to 800,000.

Patrick Evershed of New Star believes the depressed price shows that "you can benefit from the shenanigans of this character (Mr Knievil) and I hope I have done".

Gervais Williams - head of UK smaller companies at Gartmore, which has more than 500,000 shares - thinks PIM is "a viable technology with prospects to be used in many new industries". He added: "The opportunity is quite wide-ranging, whatever the short-term arguments are."

Mr Brooks is confident that the series of licensing deals he has put in place will start to generate revenues this year. They include a tipping bed for the Dodge Dakota truck, boats to be built by a company that will list on Aim later this year, and a company making water tanks in Cyprus.

The deals are multiple and complex. A stronger board, a change of auditors and more transparency should be matters of urgency. david.blackwell@ft.com David Blackwell was named Aim journalist of the year by the London Stock Exchange and accountants Baker Tilly



http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1087373137048

RNS Number:9430Z
3DM Worldwide PLC
21 June 2004

3DM Worldwide plc



Suspension of trading in the Company's shares

The Directors note the recent press comment and other speculation concerning a
number of matters relating to the Company. The Board believes that it is in the
best interests of Shareholders to seek a temporary suspension of the Company's
securities pending a full response. The Company has therefore requested that
trading in its ordinary shares be suspended with immediate effect. A further
announcement will be made in due course.


This information is provided by RNS
The company news service from the London Stock Exchange
END