I think it was a lifestyle company for Ottaviano, and the Board, for many years. I think that was in fact it's purpose but Ottaviano will deny that until the cows come home! Now it is just a shell of what it was. CETO (whatever the product is) is most likely further from "commercialisation" that ever before and unless the new 'blue sky' pitch can lay some real numbers, timelines, facts, real _evidence_ at out feet, this would basically be the last place I would 'invest; a single cent of my money!
I note they (Korda Mentha/Carnegie) have increased their capital raise target from $3M to $5M (clear Fievez wants a pay rise!).
For out investment we are meant to _expect_ a return. I want them to explain what when and how we will get a return. They have not got a real plan and they will not make a plan (but they will make plenty of excuses about why they can't commit to anything and of course - everything is "commercially sensitive" - so they can't tell us ANYTHING and its all for our own good.
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