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Political risk? Now I am confused! !
Lack of logic. From 11 years ago until now, Fruitflow has progressed hugely. My opinion is that there is some POLITICAL risk, but that By Health have invested heavily to make a commercial splash one SAMR hurdle is jumped. The speculation in 09 had no substance, it was based on rumour. Today, there are numerous RNS confirmations of what is happening.
So all those people who purchased a month ago@0 90/0.80 or higher are gamblers? If China does not materialise :What is the future of PXS?
It's the " We have to maintain a going concern basis to comply with market rules. Stock in gradually larger quantities must be kept available for the retail part, patents and IP, contacts with past, present, and future to provide professional support and information to support a growing list of marketed Fruitflow brands. Liaison with all of the key people who efectively are Fruitflow, all must be maintained"
The alternative, the PumpColb solution, would be unthinkable to any rational investor. Those that threw in their cash blind before any progress had been made are the least reliable commentators. Pure gamblers.
Let's get financing done,Do you mean Dear shareholders we haven't made a profit in 11years and we need our wages paid?Is this the financing you describe?
The SAMR application is by far the biggest prospect for Fruitflow. Whilst DSM have had limited success, getting modest sized brands, and sub divisions of international companies, on board, BY Health are in quite a different league, with their own labs and the wherewithal to promote a range of Fruitflow focussed products.
Progress delayed by Covid, for sure, but that nasty illness has also created a whole new sales opportunity.
To steal a slogan, let's Get Financing Done!
That would be great but as you said it will happen when it happens , the trouble with giving the market an update is that the traders will pile in, and we could have an EFSA spike again , I think the bod will avoid that at any cost .
We could really be doing with a proper update on blue cap but can't see us getting one anytime soon.
Well I might be wrong but the arrows on the graphic does sort of indicate the sequence of events
The way I see it is...
If the whole process takes 2-3 years and By-Health did make there first submission in Feb 2019 then we could, in theory, be as little as 4 months away.
This time would be less, if as you say, the first 2 phases are completed before submission.
That link didn’t work , it’s registration procedure graphic
Gixer if you look at this graphic ,https://www.cekindo.vn/wp-content/uploads/2020/05/fig8.jpg. There are 2 phases before submission , if you take it that the whole process takes 2-3 years then surely these phases must take some considerable time to get to submission . Imo
Hi sphinx, could you explain why you think the submission process is half way through. I am not seeing the connection. Thanks.
We might be closer than we think , From 2018 interims , “· The six studies outlined are being conducted at BY-HEALTH's sole expense, a substantial investment in the Fruitflow® based products which BY-HEALTH plans to launch in China. Studies conducted in China are needed to obtain 'blue cap' health claim status for dietary supplements, as required by the Chinese State Administration for Market Regulation (SAMR), with BY-HEALTH intending to make its first submission to the SAMR for Fruitflow® in February 2019.” Looking at the information posted earlier the “ Submission “ is half way through the process , just a thought
Just to add, out of the 27 function claims that have been predefined in China there is some evidence that By-Health is targeting at least 2 of these so far for Fruitflow.
1. Aiding blood pressure reduction
2. Aiding blood lipids reduction
Good, easy to understand information on the approval procedure. thanks.
Also a good reminder of the "huge potential" of the Chinese market.
If you read the document ,under registration procedures it requires a sample of the product Labeling , so you can only assume the by health products must be ready to go .!
Gixer it looks like 544 health food products already have Samr approval , which means some must take less than 2 years . https://www.cekindo.vn/blog/health-food-china-market-regulatory