Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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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.
Keep the great work up. Nice to have positive and honest posters here. I am here to the end game. I am sure it will be a happy ending but you are never sure with Aim shares
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
Unlike yourself I am a bit more optimistic. We know that Blue Cap can take as little as 2 years and that could mean anytime from this coming February although I would expect a slight delay at SAMR due to Covid-19 . Its unlikely we will see any revenue from by-health this financial year that ends 31st of March but it could come quicker than you think.
Yes there could be a spike in the sp when Blue Cap is announced and some holders will use this to get out but having been here since 2009 I am happy to wait and see what value by-health will bring.
What good has research done? I have no idea but strangely i enjoy spending a few minutes in the morning ferreting around for info and products.
Two posters, one clear message.
Zero morals.
Gixer, you have done excellent research for 10 years but you have wasted your time to be frank. What good has it done?
The bottom line is that the company is probably some years away from turning a profit and that begs the question, why would anyone invest here atm especially before the cash call?
My feeling is that there is a substantial body of shareholders who will leave as soon as this dead share shows any signs of waking up and the selling pressure will be overwhelming. Many have been here for ELEVEN LONG YEARS!!!!!
So not "billions and billions of shares" then?
I recon (guess) around 62 mill at a slight discount to todays price should see us through most of next year. Anything less than that would be a bonus and an indication that revenues have increased since March. We already know the first quarter revenues from DSM are good.
"Strong start to the 2020/21 financial year for this business, with first quarter revenues substantially ahead of the comparative quarter in 2019/20"
and then there is always the possibility of blue Hat.
You are IMO obsessed with this share. You are dragging everyone down (bar Zeus) with your constant bashing. Billions of shares. Yeh right. Step back and chilll. I promise your get your 1p. But I won't sell mine to 5p plus. Bit of sneaky buying going on. Last raise the SP went up after. Follow Mr Lu.......
Sphinx, I assume you're being ironic. I think "transformational" was a word used by a previous CEO who is certainly transforming the share price over on SiS. I also note that my old friend Alf is stoutly defending the situation over there so it looks as if the poor man is flogging two dead horses which can't be helping his demeanor!
Gixer. I didn't say that but there are over 2 billion shares in issue at the moment so there will be many more millions issued to cover the cash calls.
Decent £15k buy on nex exchange !
Colbaltblue, did you even think about that before posting?
You think there will be minimum 2 billion more shares issued in the next couple of years. That would raise around £10,000,000 + at today's price.
That's one heck of a wage bill increase.
#keepitrealplease
The China deal will be in the words of our board , “Transformational “ so the loss will be a profit quite quickly imho .