Member Info for stt1

"Supply chain risk
The Group™s supply chain is undertaking a period of change with the Group seeking to establish relationships with higher quality manufacturers. Agreements with new hand hygiene and surface sanitiser manufacturers have been initiated and a new distribution company is in place."

https://byotrolplc.com/wp-content/uploads/2019/10/Byotrol-Annual-Report-FY-2018-19.pdf

From Byot latest fy Annual Report..The company's financial position:

"which is sufficient to finance our ONGOING operations .....but NOT to fund ADDITIONAL resources, CAPABILITIES and nationwide marketing expenditure in the US."

"Financial Resources
At the year-end we had cash resources of £2.8m (2018: £3.85m) which is sufficient to finance our ongoing operations and the remaining earnout payments to Medimark™s vendors but not to fund additional resources, capabilities and nationwide marketing expenditure in the US."

https://byotrolplc.com/wp-content/uploads/2019/10/Byotrol-Annual-Report-FY-2018-19.pdf

Byot's initial patent was around 25yrs ago. They listed around 15yrs ago. That's a very long time to get supply chains and contracts sorted.

Their sales spiked around a decade ago during the Swine flu outbreak, yet fell away afterwards.
Did they gain dozens of supermarket contracts? No.
The article on US Military is dated 2012, so over 7 yrs ago, yet where's the US Military/Navy contract.?
Why did Byot lose their contract with Robert McBride plc, a supplier to Tesco?
Why didn't the 2nd US National retailer sign a contract for a trial?

If Byot were already supplying supermarkets, their products rolled out across all Target stores (and not in an expensive trial at a fraction of Target stores) then I would agree that they are in the right place at the right time to sell hand sanitisers, even to those who are panic buying and ignoring WHO/CDC advice.

I do expect Byot sales will spike but will they follow through with any contracts this time?

Rip
"You are trying to talk down a stock dealing in preventive measures against a highly contagious virus"
No, I'm stating facts from the company rns.
Feel free to list the supermarkets selling Byot based hand sanitiser.

ex-CEO of Trmr(TAP) guilty but damages vastly reduced:

"Great Hill Gets Only $212,000 From Plimus Fraud Suit"

"The ex-CEO and former owners of online payments company Blue Snap Inc. owe its private equity buyers only about $212,000—not $122 million—for fraud during the deal and breaches of the merger agreement, a Delaware judge ruled Thursday."

https://news.bloomberglaw.com/mergers-and-antitrust/great-hill-gets-only-412-000-from-plimus-merger-fraud-suit

IBAB,
" I didn’t agree with you."

No problem, it's what makes a discussion.
What did you disagree with, supermarkets don't sell Byot based hand sanitiser
or was it Byot Boots sold out for 4 weeks so not available during this 'panic' phase?

Can you please list the supermarkets who sell Byot based hand sanitiser?

Boots:
After 4 weeks, still sold out, during this panic phase:
https://www.boots.com/boots-anti-viral-hand-foam%E2%80%93200-ml-10231389

Byot lost the contract with European supplier, who also supply Tesco..
Major supplier, Robert McBride - supplier to TESCO:

"Post year end we came to the end of our licence relationship with Robert McBride plc and therefore to supplying surface sprays to Tesco. This was an excellent arrangement for us for many years, but it has now run its course and we expect to generate higher margin opportunities with better brand equity from other consumer initiatives. "

https://byotrolplc.com/wp-content/uploads/2019/10/Byotrol-Annual-Report-FY-2018-19.pdf

oneandonly,

Read the post. Did you notice I was replying to Trek's post with his comment in quotes.
It was Trek, not me, who stated that he sold out due to accounting irregularities.

Here's a link to the posts.
https://www.lse.co.uk/ShareChat.asp?ShareTicker=BYOT&share=Byotrol&page=19

"The Directors have made every effort to resolve this matter to our auditor’s satisfaction, without success. Whilst it may have been possible eventually to obtain a suitable response, the length of time this may have required was indeterminate, and the Board took the decision that the interests of shareholders were best served by publishing the accounts with the consequential qualified audit opinion but resulting in the lifting in the suspension from trading on AIM. Since the year end we have transferred over £86,000 of the aggregate amount from the bank concerned to another commercial bank and intend to transfer the balance shortly. "

https://byotrolplc.com/wp-content/uploads/2019/10/2019-10-11-Posting-of-accounts-and-restoration-B-3.6.pdf

oneandone
"Stt1 said over 100 posts ago ‘ "I sold out here after results due to accounting irregularities."

Can you post where I said that? Or are you making it up?

"They still exist."
Yes, accounting irregularities do exist. Have you seen any confirmation from Byot that they were resolved?

IBAB,
"So, why do you care?"

It's a BB for discussion to discuss the bull and bear points.
Given your answer, I take it you agree that Byot don't supply any supermarkets and, given Boots have been sold out for 4 weeks, they have missed a window of opportunity during this early 'panic' early stage of the outbreak.

IBAB,
"how you agree with the positive points I've made"

When shopping for hand sanitisers, vast majority of households would shop at chemists or supermarkets.. or search for 'hand sanitiser' online...

What supermarkets do Byot supply to? None... They lost the Tesco contract not long ago.. again bad timing and huge window of opportunity lost.

I agree people are panic buying but that's the point..
If Byot supply 1 product at Boots has been sold out for 4 weeks, the public will buy alternatives..
What supermarkets do Byot supply? None. They lost the Tesco contract recently.

Once stocked the same public wouldn't need to buy further 'hand sanitiser' for weeks...

Huge window of opportunity lost...

IBAB,
"hand sanitiser is sold out everywhere. "

Exactly.. Byot revenues from consumer, ex petcare was only £35k over 6 months..
Do you think they will significantly increase that £35k over the next 6 months..
Yes £35k not millions..

Byot have been listed for around 15yrs...
Tesco comtract lost, no US military contract..
And only a trial at US Target stores..

Lots of investors who have bought years ago at significantly higher prices...

Byot listed 15yrs ago.. why aren't companies signing up..

Frac,
I can't find any reference to a Byot contract with US Military.

From your article.
They talked to the US Military in 2012!!!

Did they get the contract?
Where's the link to the contract?

IBAB,
"The public will panic buy. "

Agree, people will panic buy.. bread and even Byot shares.. look at the £37 & £74 trades!!

Seriously, that's the point.. Byot 1 product at Boots has been sold out for 4 weeks..
If people panic buy, they will buy alternatives, won't they?? Loss of potential customer during the 'panic'...

From the article.
They talked to the US Military in 2012!!!

Did they get the contract?
I asked where's the link to the contract?

Frac,
"The supply is being directed to the NHS and military"

Post the link where they have a contract with the US Military. Thoth hasn't because there isn't one.

facts:

Byot's 1 product at Boots has been sold out for nearly 4 weeks!! So loss of potential sales during a crucial period of the outbreak...

https://www.boots.com/boots-anti-viral-hand-foam%E2%80%93200-ml-10231389

Look at their revenues from consumer division anyway.

Interims:
According to their interims, published only 2 months ago, revenues for H1 from consumer segment were only £410k, which included a contribution from Tescos, a contract they have lost.

so consumer REVENUES were about £35k from non-Petcare for the 6 months.

Even a 10 fold increase in consumer sales, ex petcare will only be around £350k revenues over 6 months.

Given Byot based Boots product has been sold out for 4 weeks, I doubt they will significantly increase consumer, ex petcare, revenues.

"Headline H1 revenues in this segment were £0.41m versus £0.45m in H1 2018 (as restated). Petcare remains the largest element of day-to-day sales in consumer, accounting for 92% of consumer sales in the period."

https://byotrolplc.com/wp-content/uploads/2019/12/2019-Interim-Results.pdf

Byot lost the contract with a leading European Supplier, Robert McBride plc and their 1 product at Boots has been sold out for 4 weeks.

Loss of potential consumer sales during the outbreak, especially in Europe...

Major European supplier, Robert McBride - Tesco - "Excellent arrangement .. for many years:

"Post year end we came to the end of our licence relationship with Robert McBride plc and therefore to supplying surface sprays to Tesco. This was an excellent arrangement for us for many years, but it has now run its course and we expect to generate higher margin opportunities with better brand equity from other consumer initiatives. "

https://byotrolplc.com/wp-content/uploads/2019/10/Byotrol-Annual-Report-FY-2018-19.pdf

Thoth,

"Countries with outbreaks are seeing sanitisers stripped off the shelves.
The uk and usa havent even had serious outbreaks yet."

Stating facts. Why Byot?

Yes sanitiser sales have been going through the roof but Byot based Boots sanitiser has been sold out for 4 WEEKS - so loss of potential sales. Consumers more likely to go to chemists/pharmacies or supermarkets to buy sanitiser but Byot don't sell via supermarkets.

WHO/CDC recommend ALCOHOL based sanitiser. Byot sanitiser is NOT ALCOHOL based, so why would the vast majority of public ignore official advice???

Your post the other day:
"And with the us military involvement"

What US Military involvement? Where do they state that they have a contract with the US Military?
I can't find any reference, in the Annual Report, that they have a contract with the US Military.
Can you please post the link or were you making it up?

Thoth,
"The bbc article also says "Online pharmacy Medino ""

How many of Byot's products do Medino sell???

Byot's 1 product at Boots has been sold out for nearly 4 weeks!! So loss of potential sales during a crucial period of the outbreak...
https://www.boots.com/boots-anti-viral-hand-foam%E2%80%93200-ml-10231389

But look at their revenues from consumer division anyway...
Interims:
According to their interims, published only 2 months ago, revenues for H1 from consumer segment were only £410k, which included a contribution from Tescos, a contract they have lost...

so consumer REVENUES were about £35k from non-Petcare for the 6 months.

Even a 10 fold increase in consumer sales, ex petcare will only be £350k revenues over 6 months..
Given Byot based Boots product has been sold out for a month, I doubt they will significantly increase consumer, ex petcare, revenues.

"Headline H1 revenues in this segment were £0.41m versus £0.45m in H1 2018 (as restated). Petcare remains the largest element of day-to-day sales in consumer, accounting for 92% of consumer sales in the period."

https://byotrolplc.com/wp-content/uploads/2019/12/2019-Interim-Results.pdf