ravi vindicated, page-3

Fundy,

I have only just come across your post, and I agree with you wholeheartedly.

This was my post back in August....

sensational products (tangrams)
Code: CTF - CITROFRESH INTERNATIONAL LIMITED (Google CTF) Post: 1226892 (Start of thread) Views: 106
Posted: 29/08/06 22:13 Sentiment: Hold Disclosure: Stock Held From: 58.165.xxx.xxx
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Those of us who read the announcement by CTF were not 'misled' in any way at all. At no time did the announcement state that Citrofresh was a vaccine or cure for the various diseases. It correctly stated that Citrofresh is able to kill these viruses.

The product is fantastic. The Chairman and director Ravi Narain DID NOT sell any shares when that big announcement came out.

If anything, the shareholders should be suing the ASIC for spooking the market and stating that 'it took a while to realise the product was a detergent and not a vaccine'. The product IS NOT a detergent - it is a biocide and has been proven to effectively kill BIRD FLU, HIV, and dozens of other bacteria, viruses and funguses, which is more than can be said of Relenza and Tamiflu WHICH CANNOT CURE BIRD FLU. I know which product I would rather rely on if bird flu becomes an issue. During the time of the bubonic plague when NO VACCINE was available, the best method of defence against this was hygiene. I won't be waiting on a vaccine from the govt which will supposedly protect me against an unknown mutation of the current bird flu. I'd rather protect myself and my family with appropriate sanitation and hygiene using a product such as Citrofresh.

I fully support the director Ravi Narain who should be applauded for his work in developing this product - Ansell have backed him up on this and they wouldn't do this if they didn't have faith in the product as a biocide. Time will tell. My belief is that the ASIC should be taken to task for spooking the market and causing the ultimate downward pressure on the share price. They cannot find one mention in the press release that states that Citrofresh is a vaccine and this will ultimately be proven in court.

Everything stated in those announcements about the product is correct. The ASIC should learn to read announcements correctly and stop misleading the general public.

..............

Too late to change anything now though.

Cheers,
Tangrams