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We need sight of a plan that transforms PXS from essentially a lifestyle company to where it should be. The clock is ticking for The three execs to show they have what it takes to do this.
W$
Awful lot of additional overheads associated with that plan.
Profile DOES need raising, just adds to my worries guessing how we'll fund it.
Endless new research does seem to have delayed commercial progress.
Politics is also worrysome.
I totally agree with you, its time we get a better picture of what's going on ,its going no where,,back in February this was 1p and now 0.55
5,demographic,strategy) Instead of usual death by cut and paste. An update in the form of a webinar/slidepack rather than the jam tomorrow carp. I want to see new capability around sales, an executive team focussed on growth and delivery - the CTO needs to increase visibilty (also sort out the websites and have a social media plan ). Remove old videos from youtube -Slick branding please.
I don’t want any more collaborations unless peeps are covering historic costs as part of deal . To date the deal with BH has delivered jack in terms of £.
IF has delivered all he said we would. Substantial multiples in profits mentioned many times. We need proper forecasts , actual vs predicted ie a timeframe we can judge him against. Petsonally wouldn’t be bothered if IF hands over leadership piece to new blood (he should keep bean counting) who has experience in building a brand.
W-$
I expect that if there was anything worth knowing, good or bad, we would have been told.
Otherwise we just have to wait for the results and any update we might get then.
Yep , expect they are doing the absolute minimum required.
I am pretty sure that the regulations regarding disclosure of news are followed to a Tee.
The best we can hope for is a bod who cares about the company and it's share holders .Would keep the shareholders informed about timely proactive developments ,unfortunately pigs might fly. Back to reality.
Unless we made fantastic profit on the €550k of stock we purchased then I still expect further funds will be required when it comes to manufacturing new stock. As for the stock that remains with DSM, It would make sense, to me anyway, that they hold onto it and pay us when they use any for the premix and market ready solutions side of things. In turn we pay them a small warehousing fee. Surly that would be easier than shipping it to us only to ship it back when they need it.
BWTFDIK. :)
I've been expecting an announcement of a fund raise since April, hopefully no news is good news and it isn't necessary.
Not long to wait to find out.
The best we can hope for in September is indication that we are forecasting profit this year and perhaps that that no additional funding is required.
And as we all know there can be no surprises in results ,, so unless we get some news between now and then don’t expect too much in these results ! Imho
Only a few weeks to wait.
Should know by now the results always come at the end of September.
8 months since the half years results. 5 months since the update on the transfer and finances.
Next week September 1st nine month's without any update
Could be , ...The Great Firewall (GFW; simplified Chinese: 防火长城; traditional Chinese: 防火長城; pinyin: Fánghuǒ Chángchéng) is the combination of legislative actions and technologies enforced by the People's Republic of China to regulate the Internet domestically.[1] Its role in internet censorship in China is to block access to selected foreign websites and to slow down cross-border internet traffic.
He cannot find the pitch never mind being on the ball.
Come on Ian, this needs updating
hihttps://www.provexis.com/fruitflow/
W-why-the-delay-$
Ah!
So the By-Health RNS (or whatever its called in China).
I was referring to the Provexis ones that said "DSM Nutritional Products ("DSM"), has entered into a strategic collaboration agreement for Fruitflow® with BY-HEALTH Co., Ltd" which would make you assume the whole company.
But its all in the past now.
This is the link I was reading:
https://data-eastmoney-com.translate.goog/notices/detail/300146/AN201611180110071912.html?_x_tr_sch=http&_x_tr_sl=zh-CN&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
alf, you clearly couldn't be bothered to look back at the previous couple of posts. your "i guess we can't afford to go after these folks legally" came immediately after gixer's "royal dsm n.v.: in 2020, royal dsm n.v. launched a new insoluble dietary fiber product called fruitflow® and dr_h's "they must be getting kelloggs fruit n' fibre mixed up with fruitflow", all under the heading "snippet", so i wondered what the **** you were talking about. thanks for the clarification.
I stand corrected :)
Must admit I don't recall any of the RNS's specifically stating DSM China. Need to read more carefully in future :)
Whether they had much involvement or not, the good thing is that they are not involved going forward which will obviously be better for us in the long run.
Gix,
The agreement was with DSM China.
"The framework agreements disclosed by the company in the last three years are all progressing normally. BY-HEALTH Co., Ltd. (hereinafter referred to as the "Company" or "BY-HEALTH") disclosed the "Announcement on Signing an Innovation Strategic Cooperation Agreement with DSM (China) Co., Ltd. Address: No. 476 Libing Road, China (Shanghai) Pilot Free Trade Zone (4) Legal representative Person: Jiang Weiming'
That said, "DSM (China) Co., Ltd. is a wholly-owned subsidiary of DSM Group in China. It provides management services for more than 30 companies of DSM Group in China. DSM Group is based on science and technology, and is active in the fields of health, nutrition and materials on a global scale. "
We will never know, but I don't think we have any evidence that they were involved, or not involved. Other than I do recall they were mentioned on some China studies a few years back.
You are correct we don't know exactly what they but the collaboration was not specifically DSM China but DSM as a whole.
"The strategic collaboration agreement between DSM and BY-HEALTH will focus on the development of new products that contribute to cardiovascular health, to include the establishment of relevant evaluation and testing procedures to accord with Chinese technical and regulatory standards.
The development process will target the creation of new products for people who are at risk of cardiovascular disease, particularly to include those over 40 years of age."
All we know is no products came out of the collaboration and DSM was not named in any of the studies that we already know about.
IMO. By-Health did not get the help from DSM that they expected and that is why they are no longer involved in the collaboration with Fruitflow.