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Very soon they will be announcing these big contracts. See response I got from Tek Capital
Hello, we are actively seeking new B2B accounts for MicroSalt as well as SaltMe chips. We believe the new development in Mexico that we reported, requiring labels on high sodium foods, can potentially lead to new key accounts or licensees.
Salarius CEO V. Manzanilla is working diligently on getting Salarius products in the hands of more businesses and consumers. He has significant experience in product development (previously a product manager at P&G, and supported here by a capable team), so we are confident that Salarius will succeed.
The average daily sodium intake in the US is about 50% over the safe limit, and similar figures found throughout the Western World, pointing to an incredible need for this technology.
https://www.cdc.gov/heartdisease/sodium.htm
Also, anything I share with you here you can pass it on
I emailed Tek Capital last week through their Facebook page enquiring about the crisps, see below the response they send back.
Hello, Salarius' SaltMe! crisps have been rolled out to 71 stores in the American Northeast this past month. We will have our first sales data in a few weeks.
We've all sampled them around the office and they are quite good! Looking forward to expanding the distribution.
Investors can request a bag by emailing office@tekcapital.com
They should also become available direct to consumer in the coming weeks online.
For the year ended November 30, 2019, the intellectual property investment group saw its net assets increase by 40% to US$22.25mln, while net asset value (NAV) per share rose to 35 US cents from 30 US cents.
The firm’s portfolio valuation, meanwhile, increased by 48% to US$20.3mln.
In a note in March initiating coverage of Tekcapital, analysts at house broker SP Angel said the company provided investors with “significant potential upside returns” and that the shares were trading at a discount to net asset value (NAV) of around 70%.
The broker also said the company’s portfolio was “well diversified” and “comprised of assets with near-term commercial potential to drive NAV higher”.
https://www.google.co.uk/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/903089
Very good article on kraft foods. The salaries salt will sort them out. https://www.reliableplant.com/Read/23474/Kraft-Foods-reduce-sodium-content
If Salarius can supply Kraft foods with all their salt requirements, this could be very big. Announcement for the deal should be due soon.
Kraft are aiming to reduce sodium by 20% and salarius salt with reduce by more than double. The more I research into this company I get more excited.
This is good news, also got the similar information that they are about to announce the sales figures and this should be in the next few weeks. I see the SP starting to build up now in anticipation of the news. The online sales they are planning to do will be a major boost.
Very excited to hear that the sales results for the crisps will be announced in these coming weeks. They are being sold in 71 stores in the Northeast of America and they will be selling them online. This is the product that is going to shake up the SP. The current price is a steal.
Whilst I was doing my research last night, found some revelation that Salarius' SaltMe! crisps have been rolled out to 71 stores in the American Northeast this past month (we all know this), however first sales data will be published in a few weeks.
Very good feedback from people who have sampled the crisps, say they are quite good! currently they are looking forward to expanding the distribution.
Investors can request a bag by emailing office@tekcapital.com
They should also become available direct to consumers in the coming weeks online.
Quite excited with this.
As you read more into this company, you get to know more things. It was interesting to see that Jarvis Securities are also has 3.7% shareholding. Lots of strategic shareholders. I also looked at the fundamentals which are great.