The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The September update will only show 2 months of full trading because the delay in transferring of stock till February , i’m not expecting too much enhanced revenue until the interims in December which will show the full 6 months of trading after the transfer .imho
Don’t you think if By health order as we are the supplier ! they will pay up front , if the order is for multiples of current income it could be £m’s , they can’t expect pxs to find that sort of money ! I might be talking out of my backside .
I wonder if the board have agreed on this new partnership, hence the drop in ff+ numbers . Just a thought . “The Company is seeking to expand further its commercial activities with Fruitflow+ Omega-3 and other Fruitflow+ combination products, and it is currently in dialogue with some other potential international direct selling customers.”
A small piece about wste . But all good advertising . http://www.by-health.com/en/aboutus/news/4715/
The longer the silence from the company the more it makes you think they have found the money for payment to DSM , it could only come from income as any other way the market would have to be informed . I’m taking that a s a good sign ,it does seem strange that so much potential news from the interims and funding update has not appeared !
Https://www.chinadaily.com.cn/a/202306/19/WS64906f59a310bf8a75d6ab99.html
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Thanks Gixer that makes the process a bit clearer, as it seems the animal testing is the last submission in the process to SAMR and the mouse trial has just been completed we might not be that far away (wishful thinking) Here’s hoping for a better week ,.
Gix good recap , I notice this paragraph from your finds,"..............................................”Notably, SAMR also created a five-year monitoring period of the new claim, during which the company obtaining the approval of the claim is obligated to collect a range of data, e.g., sales numbers, consumer feedback, etc., and submit annual reports to SAMR for review. During these five years, the new claim is proprietary to the company, and others may not use it. After the end of the monitoring period, if no issues are observed, SAMR will add the new claim to the approved list of claims for health foods. Through such listing, anyone can use the new claim on their health foods.[3]”. What do you or anyone,make of this ,, it seems to me that SAMR work with the company to obtain the new claim but there seems to be the need for 5 years collaboration to achieve this ,in whichever case we could be in the 5th year ! Could this be the cause of the long delay ?