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Ann: Trading Halt, page-44

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  1. 2,674 Posts.
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    Hello oldtimer2,

    Are you hinting at the following from the December Newsletter?

    " 5) Alexicool DR for Apparel
    After the development of our initial Alexicool AL line for bedding, we identified a technology gap in the apparel “cooling” function, which is highly touted by every major underwear/activewear brand. While the current “cooling” product refers to a moisture
    wicking technology, no chemical supplier has been able to provide a PCM-wicking combination. In 2017, Alexium developed the first-ever wicking-PCM combination which is 30 wash durable. Alexium is currently in implementation and scale-up with global
    market leaders in this ultra-high-volume market. News will be released as and when these new opportunities are finalized or through our quarterly market updates depending on size. ".

    If an opportunity of implementation and scale-up is finalized, surely that would give reason to a cap raise considering the high volume market!
    Just a thought!
    cheers
 
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