april is upon us

The sudden increase in buyer pressure the last few days is an indicator that people are looking to get set before the anticipated distribution agreement in Brazil.

The quarterly gave this advice, "Subject to successful trials, Analytica expects to sign a distribution agreement in April 2013, which should result in sales by September 2013"

The trials were run in the first weeks of march, so it is reasonable to assume that the results are back from that and they are now likely negotiating the terms and scope of the distribution.

If the agreement is anywhere in line with WiseOwl's $3M p.a estimate initially, then they become cashflow positive and set the scene for expansion into the Mecursor Trade Bloc.

If the wall at 2.3c goes, then my next targets are 2.8c and then through the double top at 3.4c. Would expect it to be closer to 3c come end of month.

Also keep in mind from the annual report, "Discussions have commenced with several distributors in the United States of America. Marketing initiatives are under way in the Middle East, China and South East Asia"