Orchastrated end of day Auction, page-37

I am still pro-alexium and think we need to be patient for the compamy to reap the benefits of the constant growth we’ve achieved over the passed few years.


But, I believe the SP ran ahead of itself.


Below are an example of the announcements made in 2015 – over 12 months ago. If you read back over them there’s no way you’d think come Q3 in 2016 we’d still be talking about seeing decent revenue.

Most of us expected, as announced, this revenue would be coming in sooner and the Military would actually be purchasing from us. Maybe they are, but it ain’t very large.


For this reason I think it ran ahead of itself by at least 6-9 months and means we now need to be patient for the revenue to roll in and the SP to follow.



20th Jan 2015

First commercial account US$1-1.5m per month


23rd Feb 2015

US outdoor fabric manufacturer. Revenue to begin near the start of Q2 2015


20th March 2015

President Obama announces $75m spend in military to an Institute for Manafacturing Innovation competition in Revolutionary Fibres and Textiles.


4th May 2015

Asia outdoor tenting on target for 2Q revenues.


1st June 2015

European Transportation section

“We estimate that the potential revenue opportunity for this client, for annual consumption of FR chemistry, to be on the order of $10-15million annually.”


29th June 2015

Orders ongoing from 3Q 2015 for Greenwood Mills


17th August 2015

Major Bedding customer Q3 US$2-300,000 per month


14th September 2015

Order of 1.5ton of Alexiflam for mattress covers


23rd November 2015

Automotive fabric supplier potential US$300,000 pcm


And then the ongoing Military award that has so far led to contacts and proof of product rather than money in the bank.


I am still confident we will achieve something close to or above the forecast $18.5M (hence I'm still pro-Alexium), they had better not miss them by a significant amount.