Another DSM acquisition in 2012 who command 21 million units sales per day of their Omega3 brand MEG3.
Now let's see the synergy. Aenova did showcase a combo last year.
I know from speaking with DSM executives, that they have high expectations from FF - 'the Pearl in their Portfolio'
Founded in 1997, Ocean Nutrition Canada is a Canada-based supplier of fish-oil derived omega-3 fatty acids (EPA and DHA) to the dietary supplement and food and beverage markets. The company is headquartered in Halifax (Nova Scotia, Canada) with approximately 415 employees and has production sites in Canada, the United States and Peru. Every day over 21 million servings of its MEG-3® product line are consumed in supplements and foods and beverages across the world. Net sales for 2012 are expected to be approximately CAD 190 million with an EBITDA of CAD 55-60 million. The average annual growth of the company over the past 5 years in local currency amounted to nearly 20%.
We are all stating the bleedin obvious of course. There was mention a while ago that our Exec. Chairman reads these boards. I think the consensus here is that bland and non committal atatements are no longer appropriate. We are mature long termers who have followed Fruitflow every step of the way for the lab in Windsor to the global scale production. We have passed "making good progress" " gaining traction in the marketplace", "reaching critical mass". The final version has had a year since full launch. We have seen evidence of expansion by MM with Sirco, we have seen IHerb telling customers that Optiflow sells out fast, we have seen Langers expand their territory. There must by now be feedback from many clients. Must we wait longer for the benefits of scale to develop, bringing down unit costs to allow margins of net profit? A bit more specific, if you possibly can Mr B.
Bella-my sentiments exactly - aggregate sales of FF would be in no way commercially sensitive.As shareholders who have been waiting for 5 years now it is the least we deserve - without this information we have simply no way of tracking the material progress of our investment.
Alfista...'Wouldn't it be good if DSM gave us holders a direct statement reinforcing their commitment and enthusiasm for Fruitflow.' Totally agree...and wouldn't it be even better if DSM would allow PXS to give we PI's (the biggest combined shareholding) a taste of FF income levels being generated right now by DSM. OK we know there have been some high costs applied between income and profit which to date have meant there has been nothing left to divi up between DSM/PXS but if only we could get some idea of how it's going I'm sure the markets would be far more understanding of the situation whereas at the moment nobody has a clue as to where we're at out there...are they selling 1 kgs of FF per month or 10kgs or 100 kgs or 1 tonne or 10 tonnes or 100 tonnes...Personally I would love to see the results contain some sales volume detail by weight or value...if not then at least a year on year % increase....
So is Fortitech a subsidiary which can effect create and manufacture products for other brands? Wouldn't it be good if DSM gave us holders a direct statement reinforcing their commitment and enthusiasm for Fruitflow. So many of their PR issues express huge confidence for this ingredient out of so many that they handle, but somehow Provexis are not yet feeling those same vibes.
Blizzard - in March they said...'attendees will see how to fortify any application with any nutrient, anywhere in the world.'...and FF was featured in this announcement immediately above the Fortitech para which contains the afore-mentioned comment. If a company approached Fortitech looking for a premix containing FF would the answer be Yes of No from DSM??? .......
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