@Maxlots ... you have raised a lot of interesting points.
One aspect that I keep seeing in company presentations is statements like ...
No dangerous by products..
Essentially hazard free (outside reactor zone)..
Just like exploration companies have to get independent lab results before making claims about how big or good a resource might be, Purifloh should have independent lab results before making such claims. They don't have any such reports released to market.
Even the results from the Bluegen testing are irrelevant to a new product that has been 'tweaked' in any way (for example voltage or amperage of unit changed). This trading halt might be the first signs of ASX/ASIC becoming tougher on outlandish claims, not backed up by evidence (independent lab results).
I don't recall ANY company ever making a statement like this from the announcement on 3/6/21 ...
"We have our Air Conditioning Sanitisation device currently being manufactured and due to market in the next three weeks and as such call on all state governments to install this innovative, proprietary Free Radical Generator (FRG) technology into hotels being used for quarantine."
A statement from a company calling on governments to install an UNTESTED new device into public places!! That is insane, no wonder the company has been put into trading halt.
Can anyone please show a link to some independent testing for this NEW unit. If unable to do so, then the companies 'claims' are unjustified and not allowed under ASX listing rules. I hope you all enjoyed the brief rally. Congratulations to those that managed to exit.
Sorry I didn't pick up on the outrageous claims at first read on Thursday.
The response to the ASX questions will be very interesting...
@tukebay this is certainly not a speeding ticket as you again incorrectly called.
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