Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I don't think we need miracles ... but a solid sales pipeline with new distributors on board. The sales team need to earn their corn ... I'm still confident this will come and it will push us into double digits
Agreed Sales orders needed
Fair point on the volume being so low. Stepping back ... no formal news to explain drops. Have to assume team on the ground getting distribution deals in place now Chinese medical profession have approved the products effectiveness. UK trial has been approved also. Placing means we are fully funded for rest of year. I'm holding and prepared to do so until end of year.
They surely have to issue something now?
Agree. That RNS with orders ... distributors is coming IMHO Holding and excited. This share is a slow burner but still have full confidence
It's getting very volatile now ... everyone must make their own decisions now Personally I'm holding. No intention of selling even one share. There is no formal concrete reason for drops. Just rumours or speculation or just MMs doing it. If she goes down I will be in the wheel house with a bottle of Jameson
We can still trade when mankind moves to the moon though right? : )
Ive been in this for over two years. Seen highs ... lows ... bounces ... unexplained drops ... good news ... bad news This is very much a risky share. New product, new markets, new company. We have been hit with delays after delays which has eroded confidence. However ... recently China hospital results have proved the product is viable. That is huge. Massive positive. The question now is can we scale and make this commercially viable ... so the only SP movement right now for me is based on ... do we have a solid sales pipeline and new distributors based on Novembers launch event? Are we all miss guided dreamers? Possibly ... but anyone bailing now is at a big loss. I think we have a while to wait yet. I did say March but I think not now. I think the difficulty of a China launch was under estimated tbh. Hold. Keep the faith
Minimal volume and no news yet we slide again. Not interested or bothered. What matters is the next RNS re sales
I think thats a real possibility that If the UK trials go as planned we will be in a strong position. Would be small change to buy us out really ...
No news ... no RNS ... yet she drops 10% I'm not selling a bean, fully prepared to remain in the wheel house if we sink now and go down with her Firmly believe news of orders and distributors is coming. Holding. Amazing how this moves based on nothing
Agreed Researcher ... dreaming of that RNS ... xxx new distributors ... £xxxx of confirmed orders. Fingers crossed ...
Its certainly gone quiet ... but all linked to Chinese New Year ... finger tapping continues, but all here is still looking good for me. I said March ... so lets see if we get fireworks !
Yep couple of days until the celebrations end ... Traditionally the end of the Spring Festival (the Chinese New Year holiday) is the Lantern Festival � Chinese month 1 day 15 (March 2, 2018). Then beautiful lanterns are displayed and sweet rice dumpling soup is eaten Tick ... Tock ... Going to learn how to make sweet rice dumpling soup!
DYOR etc etc IMHO etc etc Truly believe we are on the cusp here ... loving how the marketing contracts and app contracts are in place. Also the Erik video ... he did say "huge" then caught himself when asked about sales ... but i admit that is clutching at straws etc
Then lets hope we are a big and strong Great Dane!
Ditto ... honestly believe we are on the cusp here ... x2 could happen very quick, current SP is crazy and driven by the �2m placing raise - fully financed for 2018, product endorsed, marketing contracts signed ...
Yup and all sells will be at a loss at this stage - baffling But if you need the cash ... you need the cash I suppose
Thanks JnMars ... not wanting to read to much into it ... but ... when he is asked about sales he starts to say "there is huge ..." then changes his words to "interesting prospects ... but as usual we are not allowed to mention any of them until its signed, sealed and delivered ..." So one month until App fully launches ... I think same timescale for the RNS we all want to see on Distributor sign ups and orders
Agreed JimboD - absolutely key for us now to get brand awareness and credibility as a business ... the classic AIDA model ... pushing a free (basic) app that ties in with the longer term vision of the business is a great step. If I was in the Marketing Team I would be looking at pushing messages/offers as users interact with the App over time, offering free trials on certain features (you part with your data/contact details here) ... advertising the App on fertility/maternity sites with key partners etc etc ...