AJX 9.09% 1.0¢ alexium international group limited

Ann: The Annual General Meeting, page-53

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    Some notes on the positive side (there wasn't that much negative apart from Gavin's rants)

    Nick's comments:

    *2016 - 'dynamic', great changes
    * 100% acceptance of chemistry by clients - not one rejection through the year
    *New facility has taken the turn-around in testing in house (Dr Bob's playground) from 2 months to 2 weeks
    *PCM was an accidental discovery, and is absolutely unique, no other company is close
    *Military - strong, getting stronger with Marines delaying their trials to allow Alexium to come on board this year
    *Once in military trial Nick cannot access the results or learn anything about the progress as they are considered 'secret'
    *Alexium is the only FR supplier in these trials, no other players

    *The Trump victory has wrong-footed everybody, made this lame duck period true to name (outside the meeting, Nick was ... er .... colourful in his thoughts on Mr Trump )
    *Proposition 65 is the big one in the US for compliance - they feel the support is still there, even with the change in presidency

    *Nick happy with marketing - won't get 'hang tag' style exposure, but will be second line after bedding manufacturers' own marketing

    Just notes .... still trying to decipher half my crappy handwriting.
 
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