I love these bits
Actually the whole report is great read not too ambiguous IMO and nice to see that they already in their opinions have 19.9 USD mill in the bag from prescale up etc I actually really really like the report lots to go over in the next few days all smiles my end yep I am positive plus
The Company has 22 customers, representing US$19.9 million, in the final testing stage (pre-scale up of production and sales orders). In this phase of the pipeline, testing and verification of chemistry has been completed, marking the final phase before recurring revenue generation.
Our total number of clients in the sales pipeline increased from 22 to 165, a seven-fold increase in customers evaluating or implementing Alexium’s chemistries. • The number of clients in the crucial scale-up and implementation stage increased by over 500%. • Of those clients in the pipeline at the beginning of calendar year 2016, Alexium has retained 100% of those clients
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