Small Aussie company into supercapacitors

Issued statement on 23/10 bemused at share price fall

Stock has since droopped another 15%

Basically I'm guessing institutional seller that got in on ipo needs out no buyers ----- free money for the patient --- 3-6 months if you belive the management that is

As for the business I have no idea :-)

hohoho!
+44% this morning on the back of the below, thoughb still a very long way below its all time high of about 45p

Spire Health Tags launched in Apple stores globally

CAP-XX, a world leader in supercapacitors, is pleased to announce that Apple Inc. ("Apple") has selected the Spire Health Tag wearable device, which incorporates a CAP-XX Thinline supercapacitor, to be a featured health product in Apple stores globally.

CAP-XX first announced in that it had secured a contract to supply Spire, Inc. ("Spire) on 15 August 2017, its first high volume order for Thinline supercapacitors. The Health Tag was launched by Spire in November 2017, with customer dispatches commencing in Q1 2018. The directors of CAP-XX anticipate that further follow on orders from Spire will be forthcoming in the second half of the Company's current financial year.

Spire Health Tags are now available in Apple stores in the US, UK and China, and will be in further stores worldwide later this autumn.
Anthony Kongats, Chief Executive of CAP-XX said:

"We are delighted that Spire has secured this important distribution channel for its innovative internet of things (IoT) fitness and wellbeing monitoring device. The Board is encouraged by yet another example of the value CAP-XX provides to these devices and by the broader validation of the market potential for IoT devices in general."

not sure how important this is to the company, though sp is +15% this morning

CAP-XX said Monday TDK Corporation had agreed to licence a family of the company's patents on a non-exclusive basis for a range of supercapacitor sizes.

TDK, an electronic component supplier, with sales in excess of US$11bn and over 100,000 employees, would join Murata and AVX as licencees of CAP-XX's supercapacitor IP, further enhancing CAP-XX's strategy of building and licencing its IP portfolio.

The royalty rate that would be paid TDK to CAP-XX was in line with the royalty rate agreed to in other licence agreements previously announced with Murata and AVX, CAP-XX said.

'We are delighted to have licenced our supercapacitor technology to TDK, which is a leading participant in the global electronics market. We expect other licence agreements to follow for our intellectual property, which is critical to the production of supercapacitors as well as other related applications,' said Anthony Kongats, Chief Executive of CAP-XX. At 8:00am: (LON:CPX) CAPXX Ltd share price was +1.25p at 12p