RE: Whenever NNN - release RNS I AM SCARED3 Dec 2021 11:32
"A review of potential sales markets has been carried out and the exploitation of the Company's anti-viral technology remains a key area of focus. In order to reduce the cost of sale, a UK and overseas network of distributors is being established to supply masks and related products which incorporate this advanced patented technology. The Company is witnessing heightened levels of interest in the current market following recent international and Government guidelines. At the same time the Board is aiming to review and renegotiate existing contracts, including the Company's previously notified contract with VKE where to date 45,000 masks have been delivered from the initial 250,000 order, to incorporate into this new international distribution network. In addition to this, the Company plans to target the HVAC market and increase marketing and social media activities considerably."
I think people are misunderstanding what the RNS actually says.
NNN are not scaling back on India, they are rolling it into a more extensive overseas distributor network so they can supply other places overseas as well. If anything it's expanded activity.
The situation with the virus and it's variants is fluid and fast changing. It makes a lot of sense to have the ability to reposition masks into areas that have acute need quickly when that need arises.