"There is nothing confidential about headline t/o figures when they are made up from over 21 different products."
Don't be daft, of course there is.
If you're talking about sales of Fruitflow to manufacturers then, unless there was a clause in the contract between Provexis and DSM allowing the release of that info then you're at the mercy of DSM. Why would DSM tell their rivals exactly who much Fruitflow they're shifting ? If it's a small amount they'll be a bit embarassed and would like to keep quiet about it. If it's a large amount and they're worried about other suppliers getting in on the act with similar products then they'll keep stum until they have the market cornered.
It's simple business.
If you're talking about turnover of the sales of the actual 21 Fruitflow products that's even more complicated to
a ) Get the info and b ) Get the retailers permission to contribute their data to a total
Either is hugely unlikely to happen. Take a gander at the accounts and other official docs DSM release and tell me how often they release data on sales of a given product ? There are instances where they've done it, but you'll be looking a long, long time. Big business doesn't work like that.
I understand your frustrations but, apart from winning a few random virtual friends on t'internet, it'll get you absolutely nowhere.
You went to the AGM, you asked the questions you wanted to, you were happy with the answers. If the sp had gone up to ~1.2p since then you'd be happy. You're only narked because it went up and then came back down a bit.
A well reasoned post.Yes Moon probably did a good deal with DSM but we do not know the terms of it so we cannot say for sure.That deal was the single biggest vote of confidence in the commercial potential of FF.However we still do not know if we the shareholders of PXS are going to share in the real success of that product - hopefully we will.
Must turn off my autocorrection. Makes a nonsense of simple typing errors - which my toshiba is prone to - how you can survive producing pcs and yet not be able to make a keyboard that copes with typing! Anyway, what I meant to say is that Moon did a very clever deal with DSM, saying that twice will upset some I know
We are all getting a little distracted. Turning on ourselves like a PXS version of Lord of the Fliews.
I have been thinking about the BOD, a grand title for what is no more than two men a dog. I have always been of the view that Moon made a very clear move when he did the deal with DSM. No way could we have developed a powder version, or set up the scale of production now in place on our own. Of course, we have now stripped out all laboratory work and the company is reduced to a shell, the IP of Fruitflow. At the same time, Moon and Ford's salaries are reduced to £1. We should reflect on that. It tells us a great deal. Normally, you need CE and FD to run a company, and to deal with all the issues that arise re takeovers, advice shareholders etc., Even if you expect a takeover, like they do, you would expect that they would have a serious role to play, arguing the best deal for shareholders. Why then have they agree to do the job for £1. Is PXS now a Charity. No. They are doing the job for peanuts because all the serious outline negotiations have been done. They know who will bid (=logical), the ball-park figure, and roughly when. DSM will be in adfvanced negotiations with possible globals and will know roughly when a final deal will be arrived at and when. Of course, even after agreement, it could be months before the news or the launch is made, so we could still be talking about next spring/early summer, just in time to put a smile on our faces before the next AGM as Dawson Buck put it. Yes, I know some posters I respect (Alf, RP, etc ) say a takeover is not on the agenda, at least not the immediate agenda. But explain why Moon and Ford are now working for what would be little more than the price of a first class stamp. They accepted that deal because there is no serious work left for them to do. This price rise caught them unaware because it did not fit the xpected schedule. Thats the context in which they issued the poorly phrased RNS a few days ago. As I said in earlier posts, the RNS is a monumental sequitur given what they said earlier about being undervalued. But what they may have been saying is stop the speculation, this is not part of the deal. We know when the price should be going up and its not now. Wake us up in spring! Why else would they work for £1.
You are wrong - we have every right as partners in an alliance to know how our shared technology is faring.It is not acceptable to let the current status quo remain as is - neither those currently invested nor those looking in have a clue how FF is doing.
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