Andy
- 31 Aug 2003 11:58
Pursuit Dynamics plc is a UK based research and development company, which was founded in 2000 to develop and commercialise a revolutionary pumping and propulsion technology. Pursuit Dynamics (symbol: PDX) was listed on the Alternative Investment Market of the London Stock Exchange in May 2001.
PDX 25 Sonic.
The PDX Technology is a steam-based system that has applications in both pumping and marine propulsion. It is cheap to manufacture, extremely robust, contains no moving parts and is virtually impossible to block. Pursuit Dynamics owns 100% of the Intellectual Property Rights that surround the PDX Technology.
Pursuit Dynamics is now working towards the commercialisation of the technology it has developed.
Corporate website : http://www.pursuitdynamics.com/
Pursuit are rumoured to be close to closing their first deals, which may be in the food processing industry.
Oakapples142
- 09 Aug 2005 13:20
- 663 of 1003
Niels-Jensen- Great post thank you - Would expect further coverage in investment mags and then upwards into the blue horizon.
Andy
- 09 Aug 2005 23:40
- 664 of 1003
Is that a pennant forming?
Andy
- 19 Aug 2005 21:55
- 666 of 1003
Greystone,
Many thanks for the update, indeed excellent news for PDX IMO!
========================================================
August 2005
Pursuit Dynamics plc - New Licensee
Pursuit Dynamics plc ('Pursuit'), the developer of the innovative PDX
processing technology, is pleased to announce that Geest Foods Ltd has licensed
its first PDX Sonic system. This order was placed with BPT (Skerman) Ltd, an
approved distributor of the PDX technology.
Geest Foods Ltd, part of Geest Limited (`Geest') is a major manufacturer of
fresh soup and sauces. Geest is one of the leading fresh prepared foods and
produce companies in the UK with group sales of 830.6 million in 2004. In
addition to its operations in the UK, Geest also has sites in Belgium, France,
Spain and South Africa.
Ends
For additional information, please contact:
Pursuit Dynamics plc +44 (0) 1763 250 592
John Heathcote, CEO
Kester Scrope, Commercial Director
Capital MS&L +44 (0) 20 7307 5330
Mary Clark +44 (0) 7713 335 171
Steffan Williams +44 (0) 7767 345 563
For more information on Geest, visit
www.geest.co.uk
For more information on Pursuit Dynamics plc, visit
www.pursuitdynamics.com
Oakapples142
- 20 Aug 2005 11:02
- 667 of 1003
These contracts are great and always nicely timed but I still say "Bring on the US Navy"
legend290782
- 20 Aug 2005 20:39
- 668 of 1003
Yes, good to see the co bringing out steady newsflow.... just wish we had some figures to quantify everything on....
Keep going pdx..
andrewbertram2003
- 26 Aug 2005 11:45
- 669 of 1003
steady flow of contracts.
Wait until the firemist and decontam stuff real starts biting.
I have stuck this stock since the early days.....I have a big belief in this company.
Brokers have mentioned 4 next year. Let the initial accounts get published and some more good news...
I love their pump system its brilliant!
Oakapples142
- 26 Aug 2005 12:32
- 670 of 1003
I`m with you ab2003 - in at 40p and will stay in for my first 10 bagger
andrewbertram2003
- 26 Aug 2005 12:40
- 671 of 1003
I keep reminding myself what they have as a product.
Watching the video of their Firemist experiments are amazing.
Once one fire fighting outfit use it successfully they will all be wanting.
I know firefighters and they always want to be up to date and up with the Jones so to speak.
The decontamination sounds incredible. Again, all from the same base technology.
We need earnings forecast etc.....I guess we need to wait until PDX's first full good year of trading.
NielsJensen
- 26 Aug 2005 16:15
- 672 of 1003
In case you have been wondering about todays news, which do not appear on NOPs page unless you actually click on the N, here they are:
LONDON (AFX) - Buyers again chased Pursuit Dynamics, 4 better at 217, amid speculation that the company is talking to Kidde as a potential licensee of its PDX FireMist fire-suppression system.
FireMist, which extinguishes fires by using small water droplets sprayed at high volumes, is also thought to be of potential interest to Nasa.
Andy
- 26 Aug 2005 22:09
- 673 of 1003
Nielsjensen,
That was also mentioned in The Times business section today, where they also mentioned a rumour about NASA interest, which has been aired before.
stringy
- 28 Aug 2005 18:29
- 674 of 1003
Going fishing............Going fishing!
La La la la la la...........fish fish fish fish fishing!
Andy
- 28 Aug 2005 21:38
- 675 of 1003
stringy,
I agree, the potential does appear to be increasing, but the extra R & D will use up available capital, and maybe they will have to fundraise further down the line?
I would hope they will do the usual trick of announcing good news to raise the price before the dilution, as other companies do, to minimize the percentage of the dilution.
stringy
- 28 Aug 2005 22:15
- 676 of 1003
Going fishing!
La La la la la la...........fish fish fish fish fishing!
andrewbertram2003
- 31 Aug 2005 14:38
- 677 of 1003
stringy/Andy.....I hold the same views.
Lets hope that they become self funding...wouldn't that be nice.
As for jumping in....well I did that at 47p...:-)
stringy
- 31 Aug 2005 18:51
- 678 of 1003
Just found this on another thread-
"So where are we again?
PDX with two major food companies just signed up
That fairly big drinks op Coca-Cola ready to roll-out global
Kidde looking to take up revolutionary Firemist
The United Stated of America Department of Defence licencesed PDX anti-decontamination system
.......and - OIL RECOVERY FROM SAND proved more than viable using PDX"
-liked that!
His next post-
"Sorry - i forgot that the bloody big brewery - Greene King - has bought PDX too!!!"
andrewbertram2003
- 01 Sep 2005 14:02
- 679 of 1003
Bring on NASA too!
I'd like to know what the licensing model is?
They have 8 distributors over 6 countries...good start.
Lets see Russia, Asia and Aus added. With the middle easts activities...that surely would be a big market for other key applications....
God I wish I worked for Pursuit sometimes! :-)
stringy
- 01 Sep 2005 17:47
- 680 of 1003
I'm sure it will come.
Before PDX a pump was a pump was a pump and how long have they been around?
This kit is just amazing.......more of an advance than the turbojet engine was over the piston engine. I mean a pump with NO moving parts which can do all this can and with so many applications where it does the job better and/or cheaper than a conventional pump. It will be used Globally and for the forseable future imo.......just can't see it being any other way.
Andy
- 01 Sep 2005 22:09
- 681 of 1003
stringy,
I agree, I have seen the "pump" in action,and it's amazing!
1up2down
- 05 Sep 2005 08:17
- 682 of 1003
First US licence for Pursuit
MoneyAM
Pursuit Dynamics, which develops PDX processing technology, said it has won its first US licence in the food and beverage industry.
The order came through Pursuit's recently appointed US distributor for its food and beverage processing technology, A&B Process Systems. It said the licensee is a major US food manufacturer and producer with global, multi-billion dollar revenues.
The terms of the licence grant are not being disclosed for reasons of the client's commercial sensitivity.
CEO, John Heathcote, said the PDX Sonic is beginning to gain serious sales traction in worldwide markets.
'I look forward to reporting further progress to shareholders as our order pipeline produces further sales from system trials.