Yes, true. But the products are not bad and the market demand for them can overcome even the worst management. If you're in this you have to understand that you're banking on pull from the market on the products and not so much management doing a fantastic job. This China prospect is a classic example. A Chinese cosmetics company has a collagen substance in its product line that is now illegal in China. They are desperate to find a substitute and HCT has that substitute - tried and tested. The cosmetics company needs this to succeed more than HCT because they have a lot to lose, so they offer to do all the heavy lifting from the regulatory side in China. On top of that the Western Australian government likes the deal so they throw in some coin to help things along. It's a good start. Now had this deal come along at 20c and not 5c one might exercise a lot more caution and take on more risk. But it came at 5c.
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