The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
"What is the full potential of FF ?"
If only we knew. But..... we should have a better idea once the gut health partnership starts to produce revenue and By-Health get the health function claim and products are launched.
If there was to be an offer i would rather it was then and from By-Health.
Another step forward for DSMs ‘health from the gut’ strategy.
https://www.dsm-firmenich.com/corporate/news/press-releases/2023/dsm-firmenich-completes-acquisition-of-postbiotics-pioneer-adare-biome.html?utm_source=facebook&utm_medium=social_post&utm_campaign=corporate_company-updates_070723
https://www.dsm.com/corporate/news/news-archive/2023/dsm-agrees-terms-to-acquire-adare-biome.html
Looks like a few tweaks.
No new health function claim as By-Health are after.
https://www.cirs-group.com/en/food/dha-and-two-proteins-added-into-health-food-raw-materials-directory-in-china
Yes, So far PXS has purchased 550,000 Euro of stock so if (and we are only going on what AD said in the article) we paid DSM 150 Euro a kilo then 550,000 divided by 150 = 3,666kg
Not sure I would go on the the best before date of FF+ as a guide as it may last longer when in its original packaging from the manufacture.
Another thing to think about for future orders. Cost of raw materials (tomatoes) and manufacture are likely to be much higher due to the cost of living increases. So if DSM did get the cost down to 150 Euro a Kilo I don't think we could rely on that price going forward.
The link to Asim Duttaroys article (Feb this year) doesn't seem to work anymore but he stated that cost of manufacture was now as low as 150 Euro a Kilo
https://www.facebook.com/asim.duttaroy/posts/pfbid07U6fU3Y5vMoGq3seHu5FwQvvwJwCyxwuyqU1Kbo6vDhu9Z1dKzkF7oi4AsU7U4rul
This article (March 2021) from China quotes "ingredients such as FruitFlow Tomato Clear Juice Powder (6000RMB/kg), high phytoene content tomato powder (8000RMB/kg)"
https://mbd.baidu.com/newspage/data/landingsuper?baijiahao_id=1693898004131476920&id=1693898004131476920&wfr=spider&for=pc&third=baijiahao&c_source=kunlun&p_tk=9730STo9J072M1g0xXZRVfXfOzJJ9r8LvLuQGv4skK7MNiAqI8HYeB9K09cgtOn8fiMSVMUcB1umi2hwOL4dYQ2AIERpR0rat9oadroAjcCpXHq2bwDAtOwzJR9p22EoZ2di4FVXwXIzQKC7fm8PxL8YDg%3D%3D&p_timestamp=1675530080&p_sign=e431b0d5367a77fa702f49d6eee0bfe3&p_signature=026274465313f9b0ccec538b807c2596&__pc2ps_ab=9730STo9J072M1g0xXZRVfXfOzJJ9r8LvLuQGv4skK7MNiAqI8HYeB9K09cgtOn8fiMSVMUcB1umi2hwOL4dYQ2AIERpR0rat9oadroAjcCpXHq2bwDAtOwzJR9p22EoZ2di4FVXwXIzQKC7fm8PxL8YDg%3D%3D
So at 6000 RMB = 762 Euro
Wellsite, I have to disagree.
We were told DSM had around 1 million Euro of stock at the end of 2022 which PXS arranged to buy some or all of this stock at the start of the year so it could never have been out of stock.
If you mean individual products like FlyFit were out of stock then that doesn't mean there was a supply issue of FF either as there could be a number of reasons why products go out of stock. They have in the past (Swanson springs to mind and used to be out of stock for months at a time) and they will in the future. More likely restocking issues of the individual companies.
Re: "Frederic's wages"
If you are referring to Frederic Bond then he resigned in October 2022 and was never paid by PXS anyway.
Professor Duttaroys University lecture trips were unlikely to be funded by PXS.
Dr_H, Yes there was a deduction for sales and marketing before the profit share.
According to the RNS on the 22nd June 2022
"From 1 January 2023 the net profit accruing to Provexis on sales of Fruitflow in the calendar year - on a pro-forma basis, assuming like for like sales and margins - would be materially ahead of the net share of the profit that would have accrued to Provexis with like for like sales and margins under the existing 2010 Alliance Agreement"
So yes, more beneficial to us :)
Yes they are, as of 1st of January DSM has to buy its FF from Provexis.
"Provexis will sell Fruitflow as a straight ingredient to DSM exclusively for use in DSM's Premix Solutions and Market-Ready Solutions businesses"
https://otp.investis.com/clients/uk/provexis_plc/rns/regulatory-story.aspx?cid=1569&newsid=1597322
Wellsite, not sure what stock issues you refer to as Provexis has had stock since February and sales to customers started at this time. I assume that any sales before February would have been dealt with by DSM.
The only issue I can see at the moment is the lack of information saying that Provexis is open for business and supplying Fruitflow as a straight ingredient. Any new customer is relying on this information being passed on by DSM and my fear is this might not happen as DSM will want to push the Fruitflow Premix or Market-Ready solution side of things.
Any new customers for Fruitflow will be outside the royalty arrangements with DSM so they have no incentive to pass this information on.
Mystery solved.
Trademark Oriri
Application date 05/04/2023
Owner
Applicant name Boudewijn Van Eeghen
https://www.tmdn.org/tmview/welcome#/tmview/detail/BX500000001481900
Wellsite, I agree but there is no evidence that Boudewijn Van EeghenBoudewijn (Founder) has just changed the name.
Nothing on Linkedin, nothing on Facebook, nothing on twiter and no redirection on the flyfit.com website.
At the end of the day it makes no difference but would be good to know what's happening.
Look familiar?
https://oriri.shop/
No prices shown yet but looks like a pretty new website.
https://whois.domaintools.com/oriri.shop
Created on 2023-04-06
Updated on 2023-05-25
Hopefully Dr_H
The link
https://www.linkedin.com/posts/dsm-%26-nutrition_didyouknow-guthealth-worldmicrobiomeday-activity-7079494531322109953-jGmR/?utm_source=share&utm_medium=member_desktop