Commercializing a revolutionary semiconductor platform, SmartKem (OTCQB: SMTK) is empowering a new era of flexible electronics, displays, sensors, and logic with its TRUFLEX® inks that make organic thin-film transistor (OTFT) devices.
From smartphones, laptops, and TVs to automotive displays and AV and VR headsets, our technology can enable the future of electronics to look dramatically different.
Founded in 2009, SmartKem is the pioneer and global leader in the design, synthesis and of high-performance organic semiconductor and organic thin film transistor (OTFT) technology.
SmartKem has an extensive IP portfolio including approximately 122 issued patents across 16 patent families as well as more than 30 codified trade secrets.
Thin films, big opportunity
SmartKem’s disruptive patented organic thin film transistor (OTFT) technology has the capability to expand the boundaries of what’s possible in the world of electronics.
The global semiconductor market is valued at $601 billion, and OTFT’s make up a significant and growing piece of that total.
SmartKem’s unique manufacturing process and industry expertise should position it to capture a significant piece of this booming market.
Improved contrast and image quality
SmartKem’s OTFTs have the potential to revolutionize the backlight technology of LCD TV’s by enabling the use of a technique called Full Array Local Dimming (FALD), in which thousands of individually controlled mini-LEDs deliver improved image quality and contrast to televisions by only illuminating the parts of the screen actively displaying an image. This should enable the lower cost dominant LCD technology to compete effectively with the higher cost OLED technology in TV and Signage applications.
Low cost production
SmartKem’s OTFT technology is based on relatively inexpensive plastic films and can be produced with existing manufacturing lines at relatively low temperatures, further reducing the cost of production, especially in high volumes.
Having developed the chemistry, process, and the design rules, SmartKem is a fab-less company and is ready to scale up production of its materials through a third party supplier.
SmartKem’s TRUFLEX® Technology Powering the Future of Electronics
SmartKem’s TRUFLEX® is a full transistor stack design and process platform that produces transistors that are flexible, bendable, wearable, and lightweight.
Its TRUFLEX® materials are solution deposited on low-cost plastic and glass at a low temperature (80°C) to make transistor circuits.
SmartKem’s TRUFLEX® materials are compatible with existing industry standard manufacturing infrastructure and next generation printing processes.
OTFTs, numerous applications
Organic thin film semiconductors can be printed directly on sheets of low-cost plastic due to SmartKem’s low temperature process. They are flexible, inexpensive to produce, and offer other unique advantages over conventional technologies while still providing the essential functionality of the display, sensor, or other component.
These OTFTs allow for flexible displays, sensors and wearable devices including watches, fingerprint scanners, and biosensors. Other advantages of OTFT-based sensors include high sensitivity, low cost, easy fabrication and biocompatibility.
Potential end applications of OTFT based flexible displays range from smartphones to laptops to eBooks. The benefit of having a flexible screen as opposed to rigid glass is its durability. If you’ve ever dropped a smartphone or laptop and seen the display shatter, you’ll appreciate this immediately.
Improved picture quality for LCD TVs
One of the most important factors in TV picture quality is image contrast, which is the ratio between the maximum and minimum brightness, or in other words, the ratio between the brightest white pixel and the darkest black pixel. Conventional TV designs use a universal backlight, which means even the black portions of the image are lit up at all times rendering them grey rather than true black.
SmartKem’s OTFT technology allows TV makers to use a process called Full Array Local Dimming (FALD) which turns the entire backlight into thousands of individually controlled tiny miniLEDs. This means that the backlight on the black portions of the image can be individually turned off, providing higher image quality and dramatically improved contrast ratio.
With more and more people watching TV and movies at home, the potential demand for the results FALD delivers is massive.
Simple, low cost production
We believe that one of the biggest factors holding back previous flexible electronics has been the cost of production. SmartKem’s OTFT process allows for large-scale, low-cost continuous manufacturing process at lower temperatures, and with existing equipment, resulting in a much lower cost per unit, especially at scale.
This means dramatically lower costs and higher efficiency of production which will be essential as these flexible electronics grow to global scale.
SmartKem is gaining traction
SmartKem is currently taking reference designs to the market allowing industry players to experience the reality of a new generation of organic transistors.
In October 2021, SmartKem announced a joint development agreement with RiTdisplay, a leading developer of optoelectronic solutions, and OLED displays, to collaborate on the production of a full color demonstration AMOLED display.
In December 2021, the Company showcased its flexible OTFT backplanes at Fintech Japan which will enable Fingerprint on Display (FOD) as well as its miniLED active-matrix backplanes that are high current and ultrabright for FALD and miniLED display applications.
In February 2022, SmartKem announced a joint development agreement with Nanosys, a leading developer of quantum dot and microLED technology, to collaborate on the production of low-cost microLED and nanoLED flexible displays.
SmartKem has ongoing interaction with multiple technology companies where we demonstrate our OTFT-based circuits including mini-LED Backlights & sensors.
Experienced technology team
SmartKem has the team to deliver on the promise of its patented technology – 40 (11 PhDs) full time employees with 200+ combined years industrial and R&D pedigree at ICI, Merck, Philips, Kodak, CDT, Motorola, GlobalFoundries.
As device manufacturers continue to innovate with new form factors, foldable designs, better displays, and lighter and thinner devices, the demand for OTFT semiconductors will only continue to grow.
Powering next generation applications including smartphones, laptops, TV and automotive displays, ePaper, biosensors, AV/VR headsets and integrated circuits, the OTFT market is set to grow rapidly in the coming years.
SmartKem is a pioneer and industry leader in this space, with the manufacturing technology and expertise to capture a share of this rapidly growing industry. With proven results and a low-cost manufacturing process, the future is very bright for this exciting company.
Now trading on the OTCQB Venture Marketplace (“OTCQB”), the timing is right for the investment community to dig into the future prospects for SmartKem.
Ian has more than 30 years of board-level experience in the industrial technology industry and has served as chief executive officer of companies operating in the United States and Europe. Ian was formerly the president of Uniphase Inc, Chairman of Oplink Communications Inc which he took public on the NASDAQ and spent seven years as a partner of Crescendo Ventures llp. Ian founded and since August 2010 has acted as the CEO of Ian Jenks Limited, a consulting company providing consulting services to companies in the industrial technology industry. Ian has been a director of Techstep ASA, a provider of managed mobile services in the Nordics, Paysafe plc., an international provider of payment processing services, and Brady plc, a provider of commodity trading software. He also has served and continues to serve as a director of a number of private companies. Ian received a B.Sc. in Aeronautical Engineering from Bristol University.
Chief Financial Officer
Robert has over 25 years’ experience working with technology start-ups both as an investor and in operational roles. He joined SmartKem in February 2020 and was previously CFO of one of his previous portfolio companies, WaveOptics, which develops components for AR displays. This company was recently acquired by SNAP for more than $500m. Prior to that, Robert was an investment partner at Imperial Innovations Ltd (acquired by IP Group plc in 2017) for fourteen years where he was involved in investing across a range of early-stage technology businesses and took on many board positions. Early in his career, Robert worked for seven years in Japan in a technical role with one of the leading consumer electronics companies.
Prior to joining SmartKem, Beverley held a number of research and development positions in the technology field of advanced materials at Imperial Chemical Industries Ltd. (“ICI”), Zeneca Group PLC and at the Avecia Group PLC. She formed BAB Consultants Ltd in 2006 and for approximately eight years provided consulting services to a number of chemical companies, as well as to the UK government and to the UK’s Centre for Process Innovation, CPI. Beverley has worked in the field of organic semiconductor technology and in printable electronics for almost 20 years. Beverley holds a Ph.D. in Organic Chemistry from the University of Glasgow.
Chief Technology Officer
Simon joined SmartKem as CTO in 2019 and is an internationally recognized expert in the field of organic thin-film transistors. Since 2001 he has worked to develop high performance organic semiconductors for transistor applications within companies such as Avecia, Merck, CPI and more recently with NeuDrive Limited. From 2007 whilst at CPI Simon had a major role in establishing the UK’s National Printable Electronics Centre (PETEC), housing a range of state-of-the-art fabrication equipment for pilot scale production of plastic electronic devices. The facility includes £35m of capital equipment capable of processing substrates up to 370 x 470mm in size. He currently manages a team of 19 engineers and scientists using the equipment for SmartKem’s process development and prototype fabrication. Simon has co-authored 30 journal articles and has been co-inventor on 16 patent families. He serves as the project leader for the standard IEC62899-203 “Semiconductor ink” within IEC TC119 WG2 (Printed Electronics – Materials) and has previously participated in IEEE standards for the organic transistor measurement.
Who are we and what do we do?
We are paid advertisers, also known as stock touts or stock promoters, who disseminate favorable information (the “Information”) about publicly traded companies (the “Profiled Issuers”).
How is the Information published?
We publish the Information on our Website, in newsletters, audio services, live interviews, featured “research” reports, on message boards and in email communications for specific time periods that are agreed upon between us and the Profiled Issuer or third party paying us.
Our publication of the Information is known as a “Campaign”.
Will everyone receive the Information at the same time?
No. The Information may be sent to potential investors at different times that are minutes, hours, days or even weeks apart.
How is a potential investor impacted if he/she receives the Information later than other investors?
Typically, the trading volume and price of a Profiled Issuer’s securities increases after the Information is provided to the first group of investors. Therefore, the later an investor receives the Information, the more likely it is that he/she may suffer increased trading losses if he/she purchases the securities of a Profiled Issuer.
What will happen when the Campaign ends?
Most, if not all, of the Profiled Issuers are penny stocks that are illiquid and whose securities are subject to wide fluctuations in trading price and volume. During the Campaign the trading volume and price of the securities of each Profiled Issuer will likely increase significantly. When the Campaign ends, the volume and price of the Profiled Issuer will likely decrease dramatically. As a result, investors who purchase during the Campaign and hold shares of the Profiled Issuer when the Campaign ends will probably lose most, if not all, of their investment.
Why do we publish only favorable Information?
We only publish favorable information because we are compensated to publish only favorable information.
Why don’t we publish negative Information?
We don’t publish negative information because we are not paid to publish negative information. We are paid to publish only favorable information.
Is the Information complete, accurate, truthful or reliable?
No. The Information is a snapshot that provides only positive information about the Profiled Issuers. The Information consists of only positive content. We do not and will not publish any negative information about the Profiled Issuers; accordingly, investors should consider the Information to be one-sided and not balanced, complete, accurate, truthful or reliable.
What we do not do?
We do not publish negative information about the Profiled Issuers. We do not verify or confirm any portion of the Information. We do not conduct any due diligence, nor do we research any aspect of the Information including the completeness, accuracy, truthfulness or reliability of the Information. We do not review the Profiled Issuers’ financial condition, operations, business model, management or risks involved in the Profiled Issuer’s business or an investment in a Profiled Issuer’s securities.
Where does the Information come from?
The Information is provided to us by the Profiled Issuers and/or the person who hires us. We may also obtain the Information from publicly available sources such as the OTC Markets, Google, NASDAQ, NYSE, the Securities and Exchange Commission’s Edgar database or other available public sources.
If we say we make “stock picks,” are those picks our own?
No, they are not. We are compensated to advertise the securities we are told to advertise.
What will happen if an investor relies on the Information?
If an investor relies on the Information in making an investment decision it is highly probable that the investor will lose most, if not all, of his or her investment. Investors should not rely on the Information to make an investment decision.
Who pays us to publish the Information?
The source of our compensation varies depending upon the particular circumstances of the Campaign. We are compensated by the Profiled Issuers, third party shareholders and other parties related to the Profiled Issuers such as officers and/or directors who will derive a financial or other benefit from an increase in the trading price and/or volume of a Profiled Issuer’s securities.
The nature and amount of compensation we receive for publishing the Information about each Profiled Issuer and our ownership of each Profiled Issuer is set forth below under the heading captioned, “What we are compensated”.
What warranties do we make about the Information?
None. We make no warranty or representation about the Information, including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable and as such, your use of the Information is at your own risk. The Information is provided as is without limitation.
What we are not.
We are not and do not act in the capacity of any of the following; as such, you should not construe our activities as involving any of the following:
An independent adviser or consultant;
A fortune teller;
An investment adviser or an entity engaging in activities that would be deemed to be providing investment advice that requires registration either at the federal or state level;
A broker-dealer or an individual acting in the capacity of a registered representative or broker;
A stock picker;
A securities trading expert;
A securities researcher or analyst;
A financial planner or one who engages in financial planning;
A provider of stock recommendations;
A provider of advice about buy, sell or hold recommendations as to specific securities; or
An agent offering or securities for sale or soliciting their purchase.
Are risks in this disclaimer the only risks investors should be aware of?
No. There are numerous risks associated with each Profiled Issuer and investors should undertake a full review of each Profiled Issuer with the assistance of their financial, legal, and tax advisers prior to purchasing the securities of any Profiled Issuer.
What conflicts of interest do we have in publishing the Information?
We are not objective or independent and have multiple conflicts of interest. The Profiled Issuers and parties hiring us have conflicts of interest.
Our publication of the Information involves actual and material conflicts of interest including but not limited to the following:
We receive monetary and/or securities compensation in exchange for publishing the (favorable) Information about the Profiled Issuers;
We do not publish any negative information whatsoever about the Profiled Issuers;
We may own a Profiled Issuer’s securities that we acquired from the Profiled Issuer, third parties or from our own open market purchases before, during or after the Campaign and we may sell these securities during the Campaign while publishing the (favorable) information that instructs investors to purchase. Our selling of a Profiled Issuer’s securities will likely cause investors to suffer losses;
A short time after we acquire a Profiled Issuer’s payment via cash or securities, we may publish the (favorable) Information about the Profiled Issuer advising others, including you, to purchase; and while doing so, we may sell the Profiled Issuer’s securities we acquired during our public dissemination of the Information causing us to profit while you suffer a loss;
Parties holding a Profiled Issuer’s securities, including those who engage our services and/or compensate us, will sell their shares of the Profiled Issuer while we are publishing the (favorable) Information.
Who is responsible if an investor relies on the Information?
The investor. We are not responsible or liable for any person’s use of the Information or any success or failure that is directly or indirectly related to such person’s use of the Information because we have specifically stated that the information is not reliable and should not be relied upon for any purpose. We are not responsible for omissions or errors in the Information, and we are not responsible for actions taken by any person who relies upon the Information.
What do we urge potential investors to do?
We urge Investors to conduct their own in-depth investigation of the Profiled Issuers with the assistance of their legal, tax and investment advisers. An investor’s review of the Information should include but not be limited to the Profiled Issuer’s financial condition, operations, management, products or services, trends in the industry and risks that may be material to the profiled Issuer’s business and other information he and his advisers deem material to an investment decision. An investor’s review should include, but not be limited to a review of available public sources and information received directly from the Profiled Issuers or from websites such as Google, OTC Markets, NASDAQ, NYSE, www.sec.gov or other available public sources.
Why is this Disclaimer being provided?
We are providing you with this disclaimer because we are publishing advertisements about penny stocks. Because we are paid to disseminate the Information to the public about securities, we are required by the securities laws including Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 thereunder, and Section 17(b) of the Securities Act of 1933, as amended (the “Securities Act”), to specifically disclose our compensation as well as other important information, This information includes that we may hold, as well as purchase and sell, the securities of a Profiled Issuer before, during and after we publish favorable Information about the Profiled Issuer. We may urge investors to purchase the securities of a Profiled Issuer while we sell our own shares.
The anti-fraud provisions of federal and state securities laws require us to inform you that we may engage in buying and selling of Profiled Issuer’s securities before, during and after the Campaigns.What are other risks that investors should be aware of?
Any investment in the Profiled Issuers involves a high degree of risk and uncertainty. The securities may be subject to extreme volume and price volatility, especially during the Campaigns. Favorable past performance of a Profiled Issuer does not guarantee future results. If you purchase the securities of the Profiled Issuers, you should be prepared to lose your entire investment. Some of the risks involved in purchasing securities of the Profiled Issuers include, but are not limited to the risks stated below.
We do not endorse, independently verify or assert the truthfulness, completeness, accuracy or reliability of the Information. We conduct no due diligence or investigation whatsoever of the Information or the Profiled Issuers and we do not receive any verification from the Profiled Issuer regarding the Information we disseminate.
If we publish any percentage gain of a Profiled Issuer from the previous day close in the Information, it is not and should not be construed as an indication that the future stock price or future operational results will reflect gains or otherwise prove to be advantageous to your investment.
The Information may contain statements asserting that a Profiled Issuer’s stock price has increased over a certain period of time which may reflect an arbitrary period of time, and is not predictive or of any analytical quality; as such, you should not rely upon the (favorable) Information in your analysis of the present or future potential of a Profiled Issuer or its securities.
The Information should not be interpreted in any way, shape, form or manner whatsoever as an indication of the Profiled Issuer’s future stock price or future financial performance.
You may encounter difficulties determining what, if any, portions of the Information are material or non-material, making it all the more imperative that you conduct your own independent investigation of the Profiled Issuer and its securities with the assistance of your legal, tax and financial advisor.
We or other stock promoters may receive free trading shares as compensation or we may acquire such shares in open market transactions before and during the Campaigns, and we may sell the shares we acquire at any time, even during the Campaigns while publishing the Favorable Information. When we sell the shares of the Profiled Issuers that we hold, the price at which investors can sell their shares will dramatically decrease and will likely cause investors to suffer trading losses.
We may sell securities of the Profiled Issuers for less than target prices set forth in the Information, and we may profit by selling our securities during the Campaigns while investors encounter losses.
When we acquire, purchase or sell the securities of the Profiled Issuers, it may (a) cause significant volatility in the Profiled Issuer’s securities; (b) cause temporary but unrealistic increases in volume and price of the Profiled Issuer’s securities; (c) if selling, cause the Profiled Issuer’s stock price to decline dramatically; and (d) permit us to make substantial profits while investors who purchase during the Campaign experience significant losses.
The securities of the Profiled Issuers are high risk, unstable, unpredictable and illiquid which may make it difficult for investors to sell their securities of the Profiled Issuers.
If we are compensated in improperly free trading securities of the Profiled Issuers, either directly or indirectly from persons who claim to be non-affiliates of such Profiled Issuer, we and the Profiled Issuer or third party could be subject to SEC Enforcement Action, including allegations of an illegal distribution in violation of Section 5(a) and 5(c) of the Securities Act.
We may hire third party service providers and stock promoters to electronically disseminate live news regarding the Profiled Issuers, yet we have no control over the content of and do not verify the information that the Profiled Issuers and/or third party service providers publish. These third party service providers are likely compensated for providing positive information about the Issuer and fail to disclose their compensation to you.
If a Profiled Issuer is an SEC reporting company, it could be delinquent (not current) in its periodic reporting obligations (i.e., in its quarterly and annual reports), or if it is an OTC Markets Pink Sheet quoted company, it may be delinquent in its Pink Sheet reporting obligations, which may result in OTC Markets posting a negative legend pertaining to the Profiled Issuer at www.otcmarkets.com, as follows: (i) “Limited Information” for companies with financial reporting problems, economic distress, or that are unwilling to file required reports with the Pink Sheets; (ii) “No Information,” which characterizes companies that are unable or unwilling to provide any disclosure to the public markets, to the SEC or the Pink Sheets; and (iii) “Caveat Emptor,” signifying buyers should be aware that there is a public interest concern associated with a company’s illegal spam campaign, questionable stock promotion, known investigation of a company’s fraudulent activity or its insiders, regulatory suspensions or disruptive corporate actions.
If the Information states that a Profiled Issuer’s securities are consistent with the future economic trends or even if your independent research indicates that, you should be aware that economic trends have their own limitations, including: (a) that economic trends or predictions may be speculative; (b) consumers, producers, investors, borrowers, lenders and government may react in unforeseen ways and be affected by behavioral biases that we are unable to predict; (c) human and social factors may outweigh future economic trends that we state may or will occur; (d) clear cut economic predictions have their limitations in that they do not account for the fundamental uncertainty in economic life, as well as ordinary life; (e) economic trends may be disrupted by sudden jumps, disruptions or other factors that are not accounted for in economic trends analysis; in other words, past or present data predicting future economic trends may become irrelevant in light of new circumstances and situations in which uncertainty becomes reality rather than predicted economic outcome; or (f) if the trend predicted involves a single result, it ignores other scenarios that may be crucial to make a decision in the event of unknown contingencies.
The Information is presented only as a brief snapshot of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities. You should consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.govwww.sec.gov, www.otcmarkets.com or other electronic media, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the OTCMarkets.com; (c) obtaining and reviewing publicly available information contained in commonly known search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.org. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and the OTC Markets and/or have negative legends and designations at otcmarkets.com.
What we were paid to advertise the Profiled Issuers.
The details of our compensation and the period of the Campaign is set forth below.
Name of Issuer & Ticker Symbol - SmartKem, Inc. (SMTK)
Amount & Form of Compensation - $60,000 in USD
Who Paid for the Campaign & Position with Company if any - SmartKem, Inc. (SMTK)
. To find out more, read our