Blue day12 Jul 2022 07:07
The Company is now in the process of building two full scale production reactors containing 20 disks. This will provide the potential to be the largest nano producer in the marketplace. GB Nano Ltd has been established as a wholly owned subsidiary of the Group and will act as the vehicle to sell nano ingredients directly to customers. This is being set up as an e-commerce business and will initially launch with 40 plus products. The site is currently being developed and the ingredients produced for future launch.
Board is now confident to apply for REACH UK registration (UK Registration, Evaluation, Authorisation and restriction of Chemicals) with the HSE which will allow the Company to produce up to 60 tonnes of copper (ii) oxide nano material per year.
the Group had net cash of £1.8m which is considered to be more than sufficient to cover the expected working capital requirements of the Group for at least the next twelve months.
And people want to deramp why ?????????