Ann: Alexium Business Update, page-40

Ok thought I would also talk about the supposed "bear" in the update
Ok the heading to this segment is Focus on Profitability, this whole passage is about the focus on profitability and to achieve this they have identified what they have to do to get there so why is this such a bad thing? Yes no one likes to hear that they are ceasing some sales and that it will impact revenue always taken as a negative but if you reread what is being said it is not as negative IMO as we all might think . Underlined sections within this help IMO to see the benefits to this part of update

Focus on Profitability Since their respective appointments in May 2018, Alexium's Chair, Susan Thomas, and Interim CEO, Dr. Robert Brookins, have undertaken a complete review of Alexium's business, with a view to achieving profitability as soon as possible. During this review, it has been identified that a significant portion of the Company's sales that were initially pursued for strategic reasons to access one of Alexium’s earlier target markets, have not been profitable to the Company. Accordingly, the Company announces that it intends to cease these sales as soon as possible. While this will impact the Company's revenue in the short term, the Board considers that the target markets pursued under the three cornerstone initiatives present a much larger and more profitable opportunity for Alexium, and that ceasing the sales is expected to benefit the Company and in particular will increase the Company's gross margin and reduce its operating loss.

Wow what a statement that this supposedly negative thing is expected to be a positive and will improve gross margin etc this IMO is just good business acumen.

So yes maybe the next 4c may not be what we want to see (however this is conjecture). We do know we have had sales and that Pegasus is adding to top and bottom line and that over the next 6 months new bedding lines are coming on board etc what we dont know is how much the  cutting of these above mentioned sales will effect revenue. Maybe it may just show up as slowed growth eg no 25% increase QoQ as they use their cost cutting initiatives etc to help balance the effect. Time will tell on that one as until we see the figures it is all conjecture. I just think we need to take this news in conjunction with their aim of profitability.

Taurens posts are really informative as well IMO

Personally I think it was a great update, less said but more weight IMO

Anyhoo my last three posts are  just my take on things I am grateful for the update, just felt like they needed to reiterate things etc due to changing of the guard.  IMO it always brings some unease when a  CEO leaves"for personal reasons" however this update has now helped quell this unease I had.

Wish the best to all, this is all my view please DYOR