Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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They put a message on the website asking for their customers patience while they get the re-branding right across everything. So they will get the actual devices saying mylo eventually.
But the device image does not reflect the re-brand?.
The new website is live now. Looks ok, but I'm still not overly struck on the new branding
Hopefully, the rebranding will be the start of a turnaround. There's a bit more info in the agm presentation uploaded to the cpt website
https://conceptaplc.com/component/rsfiles/download?path=Presentation%252FAGM%2BPresentation%2B020720%2Bv1.pdf
Version 2 looks to have expanded test capability. Fingers crossed cpt can sell a few of the current version in the meantime!
Not posted a lot here but been a shareholder for a while now, long enough to be sat on a loss :-D
I like the new name, its a clever split of the My Lotus branding into something more personable and I'm guessing a play on Milo so gives it a persona (oh excuse the pun there linking it to another well known fertility brand!). In consumer products this is important and I think it shows the Companies reflection on how to market this product and make it stand out.
I bought in at about £2 so a long way to go here, one to keep tucked away and look at periodically. Technically a superior product which is what I normally invest in, time will make this good I'm sure if that.
I guess today's RNS news was what caused the big buys a few weeks ago. Slight uptick in SP today
My lotus to be known as mylo. Not sure if I like the new name. If you Google mylo, it's not going to pop up with our product first is it? Just a load of famous people called mylo.
They've also moved to Cardiff to save costs and are working on another device by the sounds of it - not sure how that will differ from 'mylo'.
Hope this new boss knows what she's doing!