CAI 0.00% 11.5¢ calidus resources limited

ripped off, page-57

  1. 2,110 Posts.
    Sorry to hear about the psychosis situation garry w. and never mind the spelling mistake. I know what you mean.


    Back to PNO and its business plan, I was reading through the company 2009 annual report and it struck me how Thermalife was registered back in the year of 1988, At the time of writing the report, Thermalife had been on pharmacy shelves for a whole 18 years.

    If you skim through that report, you will see how the management were proud talking about "18 year history of safety, efficacy and good tolerability" I quote. its main ingredient, just like now, has always been Nutracel.

    It is a glowing report, talking about how good the product is and its"unique position" in the market.

    however in the same report , they announce a total loss for the year of approx. 1 million dollars, and the same for the previous year, 2008.

    If after 18 years in the Australian market Thermalife never managed to make PNO cash flow positive. Voltarin had obviously never been in any sort of threat. what will make this change now?

    I understand they made some changes to the production process of the main ingredient to make it more efficient, but that is all to it, this is from the report:

    "In Melbourne, a number of active ingredient pre-production trials have been followed by successful full scale
    production of the active. The manufacturing process for the active is currently being validated with the protein
    product undergoing extensive chemical and in vitro testing and formal stability studies to ensure high quality
    standards are maintained and to show comparability with the previously manufactured material."

    comparability???

    It doesn't seem like a ground breaking change does it?, in fact the new product needs to be comparable to the original.


    For people who don't like my post as I said earlier please use the ignore button and save your self the trouble.I am also not interested in knowing about people investment plans or anything personal, as each to their own. This forum is only about PNO.

    But for people who might like to think for a minute, I always wanted to know one thing, what will make Thermalife any better than it once was, or more importantly, better than any other product in the market for it to gain more market share?

    18 years is such a long time to proof yourself, and if you didn't make it, then what ??



    Anyone ??






 
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