RE: SP23 Feb 2022 10:01
I too have been with PXS for 13 or 14 years. However, I have always believed in the product itself, so stuck with it for all these years.
By-Health are the biggest domestic supplier of VDS in China. Their sales are growing massively each year. They lead the sales charts on the main platforms, beating their competition. They have processed many claims through SAMR. Also, they are working with SAMR on standards for the industry. They have invested large sums of money in FF, working with SAMR to carry out 8 studies. I feel they know what they are doing.
If you believe that Provexis will never sell much Fruitflow and never make profit, then you also have to believe that By-Health are crazy and don't know what they are doing either. To me that does not seem to be the case. They are a very switched on and smart company that is doing extremely well and they are telling their share holders about FF.
If you read the RNS and the supplementary info provided by Gixer, then the only thing you can read into it is that things are due to massively improve over the next 6 - 18 months.
The share price will only change more significantly if they make money or it becomes a safe bet that they are going to make good money in future. When they start to make money the company is a much safer investment and becomes more attractive to bigger investors. We all see how very small volume increases the price. Hopefully if bigger investor want larger volumes of shares, the price will increase quite a lot.
I've waited this long, will see where we are in another 5 years. Hopefully in a much different place.