company update, page-26

to me Moolap profitability is everything, you are not going to see share price value from US contracts and rollouts, or any blue sky from further plants UNTIL the market gets a handle on the profitability of the process. Good news announcements get less and less traction (take the lack of follow through buying after the US Kentucky site announcement as an example). Why? because they keep pushing back the timelines on when Moolap will deliver and it undermines the credibility of all their announcements.

They have totally failed to manage shareholder expectations and this is the result. You get patient, loyal shareholders dumping shares and less and less buyers to fill the breach.