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Agree Analyzer, slow progress but ready to produce bulk sugar substitute then introduce SweetBiotix into Opti products. But some months from the "real" deals. Is it to early to say, "the shutters are coming up and Stephen's sweetshop is open for business"?
Extract from wordy RNS
"Given recent progress, the Company's focus has moved on from manufacturing scale up to engaging with commercial partners to launch products. Discussions are ongoing but are likely to involve a phased introduction of SweetBiotix® products as a direct bulk sugar substitute and then introduced into OptiBiotix's and partners consumer products across an increasing range of applications. With growing consumer and industry concerns over traditional sugars and sweeteners, the Company is in a strong position to exploit its low calorie, high fibre SweetBiotix® products as a safe, natural and healthy alternative to sugar and sugar substitutes."
So Sweetbiotix can now be manufactured at scale and has passed taste tests which is all positive as is need to move on from other sweeteners.
I think that given the scale of companies involved progress to launch will I suspect be slow.
Shares will only really react when we either announced commercial deals or perhaps only after revenues start arriving.
Excellent update. Everything seems to being going to schedule as per last update.
"Manufacturing scale up with Firmenich slowed during and after their merger with DSM, as anticipated, but resumed in late autumn 2023 as Firmenich moved manufacturing scale up from its contract manufacturer to DSM's in-house manufacturing facilities. Ongoing discussions indicate strong partner support on increasing the anticipated scale of production and supply given the enlarged group, DSM-Firmenich, now have access to global manufacturing and distribution capability. "
Seems there's a lot of increased partner interest so they are increasing manufacturing scale further and as it's in-house now for DSM, should be quicker.
We should see now Opti concentrating of selling it this year, hopefully we see plenty of deals being signed throughout the year. I think summer especially will be when we get some decent deals done.
Sweet! :)
More promises.
Not much evidence of actual product
Great rns. Expecting a good day today. Launch seems imminent
They might be right. That RNS looks like a 'wow' to me, but I am a somewhat jaded holder here, so not used to positive sentiment with this one :)
What do others think?
Number 10 on the list is interesting
https://www.ig.com/uk/trading-strategies/top-10-uk-penny-stock-for-investors-200123
We are due an update on Sweet but I agree that it could just be TWs impressionable followers. Ultimately you are looking at just over £150k traded which is PI money
Good finish to the week.
Some positive news next week could push us over 30p.
Agree, but something upcoming perhaps with news. Someone buying several blocks of 10,000 each time.
TW speaks with forked tongue. Total shy ster not to be trusted.
TW talked about shifting into OPTI on his Bearcast yesterday so it will have contributed to the rise today imo.
Why would ANYONE pay the slightest bit of attention to TW?
Talk about the blind leading the blind.
That share tip for Opti from TW was a month ago, so probably nothinto do wtodayrise.
Martinu That's exactly. what TW has recommended though oddly he is not selling on the hope Croda takes off.This tells us the reason for the SP rise here.
Martinu - possibly. I'd certainly classify TW as noise that's best cancelled.
Someone on SBTX reckons Tom W has recommended his followers sell SBTX and buy Opti. If this is true, could explain "noise".
I wouldn't read too much into it.
Until something positive is RNSd, short term share price volatility is just noise.
Hope so? Due an update on Sweet?
What do all these buyers this morning know that we mortals do not!
Must be good news though....
Whilst Stephen, over recent years, has done his best to negotiate deals on selling sbtx shares to minimise the impact on sbtx sp - I'm not in this post passing comment on the actual selling of our investment - the recent movement in sbtx and in particular today says more about the management over there rather than opti realising periodically their investment
which of course the potential of same was known by all investors in sbtx (including me) at time of listing
mol
Apologies link
https://uk.linkedin.com/company/optibiotix-health-plc
though not on our facebook page (that i can access - i'm not on facebook) and don't know about the artist formerly known as twitter as not available to me
mol
Apparently c5 days ago we announced the undernoted
We're pleased to announce the launch of a new product in our SnackSmart healthy eating range.
Designed to leverage the growing commercial interest in sustainable and scientifically-backed products that can support weight management and wellbeing through healthier snacking options. The SnackSmart Fruit & Fibre Gummys (sic) have proven to be a resounding success. Continuing its expansion into 2024, the SnackSmart range will including something for breakfast lovers and those with a sweet tooth, so keep your eyes peeled!
Available through Optibiotix.online, SnackSmart soup will join our High Fibre Gummies range to support today's health focused consumer.
so far i haven't found same on our online store either by clicking link provided or just searching online site
mol
Thx Mol