Does anyone have any idea what this is worth to the Company?
"The Group continues to maintain the Crohn's disease intellectual property registered in Provexis (IBD) Limited, and continues to seek a purchaser for the intellectual property as part of the completion of the R&D rationalisation phase".
A lot of level headed and sensible posters are in agreement that the surprise commencement of revenues so early in the life of Fruitflow powder is a cause for optimism. We should be able to discuss this without being subjected to such a vile accusation. Thank you LSE for taking the action you have, appreciated.
You are lower than a snakes armpit. As has been posted on the other site, straw clutching in the extreme, coupled with offensive accusations, but the revenues have begun, and for sure you are going to suffer for each reported rise, count on it.
There's enough cash until March 2016 as previously stated. It just depends on the amount of revenue PXS receive from the AA. The accounts state that "The reduction in revenue accruing to the Company for the year is primarily due to the high scale-up costs of the initial powder manufacturing setup phase for Fruitflow®, which increased the cost of goods and reduced the gross margin, despite an increase in the overall sales of Fruitflow®. DSM's manufacturing and technical teams remain highly focused on reducing Fruitflow® production costs, and as manufacturing volume increases unit costs will decrease, enabling more positive margins and thus profit distributions. The initial powder manufacturing setup phase for Fruitflow® has now been completed, and a resulting reduction in the cost of goods was achieved during the quarter ended 30 June 2014" ENDS
We can assume that much more income will show in the Interims boosted by the increasing sales of Fruitflow.
Thanks for putting me right, i really thought i knew more than the auditors and bod. Where do i say i was ignoring those risks ? The "risk" maybe real but so is the product, the customers already involved and the huge production facilities put in place for fruitflow production on a massive scale. Your agenda becomes clearer with every mis-judged post.
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