Ann: iPPS shows 3-year equivalent durability in OA Canine Study, page-25

It seems hard to understand, good news = opposite reaction? How is this even possible!

I cant explain it fully but a few reasons in my humble:

1) The science is good, but that's all it is....a product working isn't enough to materially add right here and now to SP, you need a lot of other moving parts and components to work...you need to actually have revenue flowing, you need it to be profitable, you need growth...you need profit growth, you need margin expansion, you need take up...you need this to be real and tangible. Yes the science is real...but there will be time to wait for the commercialisation aspect.

2) How long do we need to wait...is it a day? Is it a month...is it 4 years? Again, we don't know this, neither do 'they'. Who is they? The ppl that cant wait...they think yeah good product., but when is translation day?

3) Animal Smanimal

Yeah it works in dogs, yes the vet industry call it a dmoad...we aren't selling to pets...we aren't selling to vets...we are talking humans...show me that data...even then, refer to point 1)


4) There are enough of 1, 2 and 3 that don't yet translate into significant buying power....maybe there is some, but not enough.

5) Has Par said anything today that brings FOWRAD the revenue? The GLOBAL sales?
(My answer to this is YES, but it isn't obvious, its indirect. If you want to know what I mean here (in case you dont)...it has something to do with what the authorities need and want.



So Mozz, when oh when the heck will this thing start moving up?

Yeah well how long is a piece of string, but my answer would still need to be when we are CLOSER to revenue....real revenue...and then growth of that said revenue. When we tell the market that things are materially closer than the ave. punter expects.


This will still take at least some time. Not everyone knows roughly these timetables and not everyone is patient enough. Not everyone knows of any faster possibilities here. They reckon they will get back in (if they ever look back at us) when we are closer to the real revenue stage or even just after that...yeah they will take the chance that they wont be buying in at the 88c levels, they reckon they will still do ok if they come back when we are closer and they are paying double, a lot will take that chance (Again, im not saying if that's good or bad, it might be a legit way of looking at it, heck they may do well to wait on the sidelines, I know I cant do it though...I suck at timing as our dear Gan Gans would suggest.

But I'm not timing this...I'm holding on for what I personally think is one of the most compelling plays I can find,. Why don't you write to me and tell me what stock is better and that you are happy with, tell me which stock has the better management, has the better potential, is ticking off milestones quicker than we are and whose concrete base is of higher quality?




Every month we draw closer.


My views completely
None of the above is advice