RE: Questions ?28 Mar 2018 17:41
SP - Most of your queries are bound by NDA's. Sounds a cop-out, I know. Nowt I can do about that perception.
2015. March. We signed a third agreement with Nizo foods, did anything come of that.
A: Much has been misunderstood about the NIZO agreements. Most of the work NIZO undertook, was to filter specific strain for dairy related products, including yogurts. Essentially, help broaden the range of applications for SlimBiome. OPTI signed a JV with them to develop, manufacture and distribute a weight management yoghurt where they provided the manufacturing expertise.
2015. June. We signed an option agreement with a unknown consumer goods company, do you know who that was.
A: According to TW, (presumably via AR) this was announced as P&G. SOH have never confirmed this. However, when pressed about this announcement, he confirmed to me the company is on track.....whatever that means.
2015 Nov. JV with an Italian company, CSL, since then nothing.
A:CSL, like SACCO, Nutrilliea and now Fine Foods, have specific licenses to manufacture raw ingredients for clients. I would imagine we will see the fruits of all of these partnerships in one form or another in due course, perhaps as soon as the end of April, when the e-commerce site is expected to be launched.
2016 Jan, JV, with KSF.
A: AS ABOVE - ONGOING
2016. JV. Royal DSM
A: See Nizo role. Similar
2016. JV. TATA.
A: LPGOS/TATA - we were informed pilot production (legal term for ironing production teething ahead of full production) was scheduled to commence in Nov 2017 and full production in Dec 2017. As far as I'm aware there has been no change.
SlimBiome is a little more complicated. Christina used her expertise to change things up a little, resulting in significant improvements, not just taste, texture and ease of use, but more importantly, heat resistant, which opened up a whole new market. She also put in check and balances and traceability. All this resulted in SlimBiome launch. It you were TATA, would you want to go with an inferior product.
IMHO OPTI is way ahead of commercialism, given where it was just over 3.5 years ago. It only embarked on commercial venture May 2017. It would be easy for them to make statements as to when they expected partner products on the shelves. Indeed, I put it to SOH, If Galenicum and HLH were happy to tell me when they planned their product launches, surely it follows this info is not cluded in NDA's, so as a company, you must have some idea when each partner plans to launch, because they have specific clauses in all contracts. SOH came back with the notion a partner may delay due to problems outside OPTI's control and would be bound to make an announcement and thus adversely effect the SP.
So, like the revenue visibility, it is frustrating not knowing the inflection point is. It all boils down to trusting the BOD, or not. That and market sentiment.
IMHO people focus on the SP and take their eye on the significant det