RE: Loan Note Funding RNS3 Aug 2022 19:35
MrLofer,
"This is now a balanced business with multiple revenue streams and not a pure manufacturing ( low margin) business. "
Are they? Where are the results then?
They should have published the results before embarking on a fundraising.
"The only people who made loads of money to quote you were the crooks who were selling alcohol based sanitisers with no medical accreditation. If you have sensitive skin or excema this is the only product and they were capacity constrained."
That's pure rubbish.
Where there's a demand other companies adapt and enter the market. This is exactly what happened.
Evidence:
P&G were 1 of the 1st to enter the market. The article below from March 2020.
Are you seriously suggesting P&G are 'crooks'? Seriously???
"Since January, we’ve mobilised teams to provide the capability to manufacture and distribute hand sanitiser in five plants around the globe. Perfumers in Europe used their chemical management expertise to develop and create their own Surface Sanitiser. Within three days, a multi-functional team assembled to develop, test and produce hand sanitiser with great agility. These experts shared their learnings with manufacturing facilities leaders to scale our production capabilities.
After obtaining an approved World Health Organisation (WHO) formula and recommendation for production, the team in Europe jumped into action to identify and obtain the raw materials they needed – the majority of which were already available on site. Within 24 hours, the first bottle of WHO Hand Sanitiser was produced in Gross Gerau. — Onofrio Caradonna, Europe Plant Shared Services Leader"
https://www.pg.co.uk/blogs/hand-sanitiser/
"If you have sensitive skin or excema this is the only product and they were capacity constrained. "
That's rubbish. They should have had a placing, appointed the supply chain manager and increased capacity when it was obvious there was a pandemic. P&G started in Jan 2020, where were Byot? They appointed the supply chain manager during the summer 2020, way too late.
As to Byot being the only product.
Again that's rubbish.
Evidence:
Alcohol-free sanitisers are widely available.
Just 1 shop, Superdrug (I assume you heard of them).
50p for 50ml bottle.
https://www.superdrug.com/skin/hand-care/hand-sanitizer-gels/rosdon-group-uk-ltd-alcohol-free-hand-sanitiser-gel-50ml/p/797188
or from Boots for kids and people with sensitive skin:
249p for 50ml
https://www.boots.com/nilaqua-little-hands-sanitiser-55ml-10232110
whereas Byot's is 320p for 50ml
https://www.boots.com/boots-anti-viral-hand-foam-50ml-10278907
So you're talking rubbish.
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