RE: How big are you lths smiling21 Aug 2021 12:03
You beat me to it poorinvester, here are two sentences that confirm (as if we need it confirming with Fridays RNS) that the masks have definitely not been `all but binned`.
From the AGM statement...
Progress on these new products has been delayed due to the development of and focus on the anti-viral mask, which has absorbed significant amounts of time for what is a very small team.
and...
A priority since the start of the year has been to manage the mask production business, where expectations had run ahead of what was deliverable and to then refocus the Group back on its core business of developing innovative solutions using our patented nano-production capability.
The mask production process has clearly been farmed out to Voltz....so far.
This Indian partnership sounds very interesting, you don`t spend months negotiating just to put a couple of shipments together... ` the Company is in discussions with a number of Indian businesses regarding distribution agreements for the Pro-Lava mask`
It sounds like the company have been putting all their efforts in to creating a market for the masks, and even though it has been slower than most shareholders would have been able to imagine, it now shows what they have been up to behind the scenes, as well as looking for a new CEO, the name change, YouTube promotional video for the masks, hydroponics etc etc.
There was also the machine problems that meant it was never commissioned at BioCity, not RMS`s fault otherwise Lemu would not have agreed terms, in principle, to have the machine returned to them.
I don`t think the company with its current small team could be accused of sitting around on their shiny arrises counting their share options!
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