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.

legend,

Well not sure how you know this was known five months ago, I haven't heard about this before today.

And of course, not forgetting, Rooney Anand, the head of Greene King's Brewing Division is a non exec of PDX!

http://www.pursuitdynamics.com/board-members.php

Still, I'm sure he was brought onboard because he can see the potential here, and must have substantial contacts within the brewing industry, so should be good for PDX in the long run IMO.

It was in guardian i think and over bbs.

It was rumoured cadbury's which never materialised.

I personally thought there were no contracts and that someone was ramping up the sp. But slowly and surely the contracts are be announced.

It was probably the non exec director being part of gk that started the rumour who knows.

Totally agree that he will have contacts..

Contacts bring contracts so lets hope they also have someone on board who is a fire officer - that is the area I would like to also see take off.

Oakapples,

They have, Paul Grimwood!

http://www.pursuitdynamics.com/uploads/File/Fire.August.2004.pdf

The problem seems to be this share is fighting Cawkie and until he gets his fat backside off of it it will probably stay low.

is he still short cavman?? i thought he left this a long time ago..

He says that no talk of money on last deal and that he is still very bearish.
The trouble is when he has been sniffing around a stock and shorted it does seem to unsettle it for some time.
Been on the end of 2 of his shorts and lost some of my bloody profits because of him.

Well cavman2 your right its not nice, but every so often he prods in an illiquid stock and gets stung and has to buy the buggers back.

The thing is people follow him and as you know the market is a self fulfilling prophecy - people think it will go down and he makes it go down!!

I think he had a go at my toad not so long ago... look at the recent trading statement and the directors buying shares... hopefully he will have been stung.

Me woodie and goldfinger are the only ones on the board. Come and join us ticker TGP.

I keep watching this... they seem to be going up in the bear market... Hopefully they have more deals in the pipeline.

Looks like we need to be fed a little more good news as too many are taking profits

It seems that way. What do you make of the interims oakapples??

Only had a minute or so to look but that period would have taken Coca Cola into account wouldn`t it ? - if so income seems low - I am hoping that more contracts will quickly follow and particularly Firemist - 65 k sold before the bell - but I am staying

7th June 2005

Pursuit Dynamics plc ('Pursuit' or 'the Group')

Interim results for the six months ended 31 March 2005

Pursuit Dynamics plc, the developer of the PDX innovative fluid processing
technology, today announces its interim results for the six months ended 31
March 2005.

Key Highlights:

* Turnover of 39,612 (108,746 for the six months ended 31 March 2004)

* Loss after tax of 1,278,468

* Cash at 31 March 2005 of 2,061,164

* Launch of the PDX Sonic 25 in January 2005, representing a significant
milestone for the company

* Licenses signed with Campbell Grocery Products Ltd. and Greene King Brewing
Company Ltd.

* Confirmation of technical and commercial advantages of PDX Firemist
technology in live fire trials

Commenting on the results, John Heathcote, Chief Executive, said:

'For some time we have been investing in a number of key areas including R&D,
engineering and sales and marketing resource. This has opened up new
opportunities for the company and we are already seeing an increase in the
scale and breadth of the business. Following the recent launch of the PDX Sonic
25 in January this year, we have had strong interest from a number of companies
drawn from the food and drinks industries, reflecting a strong acceptance of
our technology.'

For additional information, please contact:

Pursuit Dynamics plc +44 1763 250 592

John Heathcote, Chief Executive

Gary Pyle, CFO

Capital MS&L +44 20 7307 5330

Steffan Williams/ Paula Crymble

The full results and report can be found here;

http://moneyam.uk-wire.com/cgi-bin/articles/20050607070000P204C.html

Thanks andy..

OA, yes i was a bit confused as to how and when the deals were actually signed and which accounting period they were in!!

Heathcote still remains bullish.

Since rather, on the face of it, uninspiring results - it would appear that many of us have kept faith and PDX has held its own with even a touch of blue -
following three big players signing up I am expecting many more contracts to follow. What I like about Heathcote is that twice over the past year he has personally answered my e-mails - I hope he is too busy to do so at the moment !!

Yes it is good if the management are responsive to shareholders... he obviously believes in himself and his company. Fair play to the guy.

The Guardian 14 June - Rumours that contract about to be signed with US Navy

Oakapples,

Well spotted, but I can't see it myself.

I believe they are about to do a firemist demo for the US Navy, which MAY lead to a contract.

I would have thought the volume would have sored if such a deal was close to be honest, so I don't give this any credence at all.

if it does turn out to be true, we would see some

Hi Andy - As the day goes by and the volumn is low I feel you must be right.
Most impressed by you firework display - how do you do that - graeful you let me know when you have time - I dont know how to copy and post here info I get from elsewhere so it would be useful

oakapples,

To save clogging the thread, please set up your email address in the "my account" section at the top of this page, and I'll explain it in a private message.

Don't worry they pass you the message without releasing your email address, which always remains anonymous, and it's a handy function allowing people to send you a message offlist.