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True, and the middle classes often think that nothing will happen to them as they jog and eat organic ( Andrew Marrr) , so they are not interested either. I have yet to convert anyone to FF . £15 a month they say !
If you think that, you are away with the fairies.
My posting history goes back the January 09, when I was congratulating myself for buying bank shares for pennies. there's a sporting chance that history may repeat itself there, but with lower chance of the quick bounce that happened back then.
Bella. the speculations posted by you, Asshur, Dragon et al, were optimistic in the extreme, but not necessarily misleading. the point was that they were launched when the market cap was already quite high for the stage of progress. Someone may indeed have picked up, and ran with, Fruitflow in a very large way, it was a valid speculation. Of course it was a marketing failure that none did, only DSM know the reason. We all saw the strongest possible signal from the company that the sp had got way ahead of itself, so waiting before adding more, or indeed selling up, was a valid course of action. The mistaken ones, IMHO, were the ones who bought, possibly just the once, and probably off the back of that hype, despite the relatively high market cap, expecting further rapid rises. I just don't think they assessed the risk level correctly.
There have been very low lows. although commercialisation had moved on several steps, but the stubborn ones wanted to punish the company by claiming it was unbuyable. They were wrong.
I never have, and never will, tell others what they should do. What I detest is carping after the event. Shares are freely traded, anyone can come or go as they please, but are always a personal choice.
FF is really aimed at the worried well middle classes. At £28 pm on subscription for two of us, I have never considered it a particularly cheap product and the cost is much higher if bought off the shelf. The people who probably need it most would rather spend the money on KFC or ciggies etc!
FFs saving grace might be that the new technologies gene / bio tech health givers might be beyond the purse of many , so FF could end up the poor mans tonic? this is just being hopeful as someone has to spend a lot for this to happen. the alternative is slow growth which means another 10 years , but hey at least IF will be gone by then ! or will he?
Everhopeful... Yes I did say that way back then and I honestly believed it could be done. If you've had conversations with IF then you'll know why I have questioned the direction or lack of.
For me and I discussed this many times with him it's the name Fruitflow which is the biggest problem and he was too fixated on trying to copy Ateronon, put everything out to so called friendly experts. DSM developed the FF+concept but they haven't taken it any further due to lack of take up. iHealth has been hugely successful for DSM but no FF...yet time and time again IF said FF was DSMs gold standard!!!
Yes I used to be hugely positive but not now. Should China pan out that will be brilliant but I'm sure any wiff of big numbers will lead to PXS being farmed in prior to any volume sales being realised.
Alfista I admire the fact you have remained positive and fight from the companies corner and I do hope all shareholders will be rewarded one day but it's been a very long hard struggle for many and doesn't look good when news dries up and the only person with whom shareholders have had any dialogue refuses to respond. Just not a good look right now.
I think alfista is Dragon , same old grind with a millstone mentality , you do not have to over think this zoom out and see what else is happening and FF looks how the market is finding it , not attractive. Buy as many shares as you like as no one wants them.
Sentiment does matter, constant sniping based on biased assumptions are only vindictive, serving no other purpose other than to make the writer feel important.
What a load of time wasting waffle Alfista , these BBs are for people to share views, because my view doesn't suit you you have to go low and paint me self important , I am in reality a very disappointed investor who was verbally encouraged by IF to buy in to the OO at 2p years ago , you are now filtered as you are a time waster who has rose tinted specs.
The Chinese say that a fish rots from the head down. Your post is full of self-importance.I'm not important. Just a concerned shareholder wondering why a great product is not being hailed from the rooftops. I'll let you know if I get a response from the Company because I know you love to read my posts....... judging by the speed you respond to them!!
Imagine the role of DSM.
The company as a whole continues to show high regard for Fruitflow, and still consider it a novel health benefit. When they have been asked if they are confident at AGM's, they have always given direct and positive answers according to attendees. So, their sales force is tasked with maintaining Fruitflow as a proposal to brands large and small. Of the brands who express an interest, DSM start to collaborate with at a technical level, each brand wanting to do due diligence rather than accept DSM's marketing claims, as they should. One would imagine that brands are doing the same for many other products under consideration. Once that is satisfied, it is back to marketing to ask the top level execs for a decision to launch. and there lies the imponderable IMHO. If brand A is asked for a decision, and been told "Not at this time, because of x,y or z" how much time must elapse before the conversation can be broached again?
In my business, I get sales people who become too persistent, at which point they become yet another victim of the Law of Unintended Consequences. the achieve the opposite of what the desire because they have become annoying. So DSM have to tread a careful course, maintaining contact and goodwill with the brand, feeding through snippets of news such as the further health claims that have been patented for example. Only after a reasonable period could they seek to have Fruitflow reconsidered by the brand.
Those who bought in long before it was known that Fruitflow could even be commercialised, writing their own script for how things progressed, then measuring the company against that arbitrary target, were wrong.
The agreement with DSM hasn't got too much longer to run. Perhaps there may be some stimulus to act triggered by that fact, perhaps the terms of the agreement will be changed.
Confidentiality clauses ensure that the market will be told after rather than before the event.
All a matter of judgement. For myself, I have never pretended to know the timescale, which leaves me less upset than those who made up their own and measure the company against it.
There is no marketing role for anyone at Provexis other than support for Fruitflow +Omega3, and that is strangled by finance constraints, perhaps even more so now.
I stress, anyone can decide to walk towards, or away from a share at the click of a keyboard. Those who decide to stay whilst doing their utmost to destroy sentiment are an annoyance to those who hold far more shares, having made the judgement to wait things out. I'm not particularly talking about myself in saying that, there are quite a lot of much larger holders than me, though they comment little or not at all. Sentiment does matter, constant sniping based on biased assumptions are only vindictive, serving no other purpose other than to make the writer feel important.
It hasn't helped that FF is a well kept secret.
I am well aware of PXS's history Bella , 10 years ago Farmgirl told us that PXS would take 4 years to get FF off the ground , well 10 long years later it is getting ever more below the ground , hence the rhetorical question , why have a Accountant as CEO of a Biotech? IF is without inspiration and is all about him, I wish I had recorded my conversations with him .
No one has 'rolled out' my scenario of larger more science based technologies over taking PXS and FF in a blink of the eye, this Imo is why there is no movement with FF . It could work but for it to do so will cost someone millions and why gamble on that if you might be crushed by a gene advancement or another ?
This is why imo you should not be putting good money after bad . Much safer bets out there.
Alfista I didn't say the trades were suspicious, just that they had been made over on Nex.
This is my suggested simple message to accompany the monthly subscription delivery or to be put on the Provexis website. I'm going to copy it to the Company rather than an individual.
"During these difficult times due to Covid-19, it is important to maintain a healthy circulation and reduce inflammation in the body. Fruitflow is provan to improve bloodflow and reduce inflammation so has an important role in helping your body stay healthy and help it fight the serious side-effects of the virus experienced by some people."
Now you are getting in to defamation territory.
Again you said you would no longer post, but instantly break that promise to continue your vitriol.
You really are something else.
As for Nex movement Bella, grow up and recognise a blatantly obvious Bed&ISA for pity's sake.
If you are not able to converse with the executive then shouldn't you be moving your funds elsewhere?
Bella. It wouldn't be unreasonable to assume that DSM do not want to see any rise in the SP in case they decide to make a bid at some stage bearing in mind that PXS is now a mature Company. This would explain the lack of any publicity and a compliant puppet in Australia who refuses to say anything to the Shareholders.
I have not been a shareholder here for some time but have every admiration for longtermers who stick in. And as I say I love your product.
I just wish the company would give you a break.
I see IMM are top of the risers board for"postulating" that their drug Lupozor which was bounced by the regulator after a phase three trial may assist Covid patients.
Getting rid of 2 directors helped the share price in Val;it allowed some to get out with a small loss;I'm sure DSM are happy enough taking their cut from FF;no news for 5 months;role on the results 11years in the making and still not known to the masses! !!!
I kept getting NT
Ate afternoon to buy
10.4m sold through Nex Market today..
Ever hopeful... 'so why is he CEO of a Bio Science Co?'
You have to back to the PXS/SIS de merger days.
He was toast as far as Moon was concerned and as he was going to resign and move family down under it was decided he knew so much about PXS and FF they would offer him the chance of basically running PXS (what was left) from his new home. DSM calls the shots globally on mfg, sales and mktg based on the AA.
I'm sure there are provisions in The Companies Act to cover such situations. In reality, I would love DSM to buy out PXS, own the IP and get rid of the leeches. MC is £12m so an offer of 2p per share would only be £50m and most of us would bite their hand off for 2p because IMO we will NEVER EVER see 2p again. It's over IMO.Missed the bus and Covid-19 which could have helped our cause because of our valid and provan product, has delivered the coup de grace. All IMO. I've finished posting for the time being. It's getting tedious. Keep well all.
Your reply doesn't address the two practical issues I questioned you about.
I think I can precis that post:
" People who bought in 10 years ago should be grateful that the Company has come this far so quickly but please don't question the rate of progress or those whose job it is to deliver value especially if you're not a major shareholder like me. Any bolshie talk will be blamed on trader mentality. Don't agitate for change because the team are doing well and have earned their millions over the years. In any case, there's no one else to take on the poisoned chalice. All this is irrelevant anyway because Covid-19 has spelled the end of the world and any Chinese interest in the product has probably ended. We all know that FF probably helps us protect ourselves against Covid-19 but we obviously are not allowed to suggest this in case Ian Ford has to do something"
And I thought I was a pessimist!!
Well, what I've seen elsewhere.
Folks who buy in at a moment in time, most probably with the intention of ripping a fast buck, talk enthusiastically about the prospects for the share, based almost entirely on hope and greed. Though they have zero expertise, they don't hold back in their expectation of almost instant, large rewards. The market is influenced by many things, we all know that, and many influence sentiment on a share, from the global shock we are all living through, right down to vindictive chatter on forums such as this one. Despite that, some folks expect a share to perform for them come what may, a develop an irrational opinion of the executives if it doesn't.
In some cases, a cry goes up for heads to roll. Sometimes they achieve that aim, but I don't recall a single event where that action has worked out beneficially, but I can recall times when it has proved disastrous. How many times have I posed the question back to you, asking who it would be who recruits another executive when you have had removed the only executives? And who would willingly walk towards a company in the knowledge that bickering small time holders have such powers?
I just don't see what you are constantly agitating for as practical, beneficial, or even appropriate for a holder of a tiny fraction of the issued shares. The considered response of an investor who doesn't approve would be to take their funds elsewhere, rather than continually seek to destroy sentiment and support.
I've acknowledged many times that timescales were something I couldn't predict, and I certainly couldn't predict the hugely tough commercial outlook that will exist for some time to come. DSM have a huge challenge in trying to encourage new brand launches, and By Health will surely be reticent about a big marketing campaign when so much if China's economy has been impacted by the current crisis.
To expect anything of significance at this time is, misguided at best IMHO.
Is it impossible for you to respond with a constructive view or do you always have to turn it into a personal issue with me? You clearly show that you are as cheesed off as the rest of us. This isn't about buying and selling as I would be interested to have a masterclass on how to make any money on a share such as this, with minimal movement and such a wide spread! I sincerely don't believe that the departure of Ford would be detrimental to the any prospects PXS has. On the contrary, I believe that fresh minds are needed to kickstart the business and, as Bella has pointed out, a "Bean Counter" like Ford is not what is needed.
PS, please don't refer to me as a Dimwit or in similar pejorative terms in future. Keep the debate about the failures of the BOD.