RE: Proper value?5 Jun 2021 10:00
Hi Skid,
There was no intent to directly associate Opti with Nestle; but I am a big believer in Sweebiotix as a product that once launched commercially by the major unnamed US partner, will lead to that partner creating deals with the likes of Nestle, Kelloggs etc rather than end businesses that no-one has heard of.
The Nestle link was a recent article about the issues that a number of major food producers are facing in creating products that contain a lot less "red label" ingredients like sugar, in a post Covid world where there has never been a greater focus on health at a time when Obesity and Diabetes has shot up globally, so why wouldn't all the top Food companies be interested in a "green label" sugar substitute like sweetbiotix?
Finally, from the RNS extract "Enhanced royalty payments will be made to OptiBiotix on sale of SweetBiotix® products by the Company to 11 application/innovation partners with whom OptiBiotix has been in long term discussions regarding exploring the use of SweetBiotix® products in dairy, cereal and beverage applications" who is to say that one of those long term discussion wasn't with the likes of Nestle after all our ex Director, Christina Mary Wood, as the owner and CEO of Confoco, a supplier of high quality food ingredients worldwide, grew the business from £1m to £11m sales by obtaining strategic supplier status with multiple global corporates including Nestlé, Danone, and Heinz, so certainly had the contacts?
https://www.proactiveinvestors.co.uk/LON:OPTI/OptiBiotix-Health-PLC/rns/251817