I absolutely love your product - so much so that I have bought some shares which made me think… why does your packaging not sell the product better… no tomatoes or narrative about the tomato extract on the package… we have groundbreaking technology but its not evident at all on the hopeless packaging. I have read reviews on the product which have said the same. Why are we so shy of advertising the product on the box in which it comes… GET THE MESSAGE OUT.
"Based on its current level of cash it is expected that the Group will need to raise further equity finance in the coming twelve months."
"In the coming" could, realistically, mean any time pre Sept 2017. I''d be surprised if we don't raise more cash some time between April and Sept 2017, and, before Alf goes off on one, I have no problem with that if that's done to :-
1. Support further R&D into the effect of FF on blood pressure and 2. If initial sales of our FF+ product are encouraging then to invest in stock and marketing
I'm more than a tad wary of (2) at the moment, but we'll soon be able to see what our Gross Margin is on the product so I'll happily hold my hand up and say I was wrong if sales and GM look encouraging.
With a price of around 665 yuan (???) I am not sure we will be seeing much of an increase to our revenue in the near future with the product but it does have great backing.
“It is a subsidiary of the Chinese Academy of Sciences, a subsidiary of the state-owned enterprises in the North-controlled biotechnology pharmaceutical companies, the North is a wholly owned subsidiary of the Chinese Academy of Sciences, and the Chinese Academy of Sciences, In the TU is a subsidiary of the North control, with the background of the Chinese Academy of Sciences, Chinese Academy of Sciences is China's top scientific research institutions.”
2/ Werdery Qin Drink from JuneYao launched end April 2016
On February 2016 the “Quzhou Municipal Environmental Protection Bureau” gave the go ahead for Junyao Food (Quzhou) Co., Ltd to produce 180,000 tons of lactic acid bacteria beverage for both "taste power" and "Qin drink"
"Projects must be strictly in accordance with the plan submitted to the EIA analysis and approval of the requirements, approved the construction must match. Construction Content: Annual production of 180,000 tons of "taste power" and lactic acid bacteria beverage, "Qin drink" lactic acid drinks water project (100,000 tons "Taste power" and 80,000 tons of lactic acid bacteria beverage, "Qin drink" water lactic acid drinks). Construction Address: Quzhou green industry cluster Braun Road 39."
Now I am not saying that they have reached their yearly quota of 80,000 tons for Qin Drink yet but due to the timing of the launch I doubt we will have seen any revenue reported from it yet. Interim Results could be interesting.
“Werdery” was awarded “The Most Trusted Brand Influencing Chinese Consumers in 2015”. 2015 “JuneYao Food boosted “Werdery” diet therapy family concept, its whole year performance doubled, recording profit of 120 million yuan, up by 200% on Y-o-Y basis.”
"The Company and the University expect to be able to complete a small clinical trial by way of a proof of principle study in Q4 2016 and the results of the proof of principle study will be announced as soon as possible thereafter."
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