“Having the best car in the race is not going to win the race” - you need a talented driver and skilful support team behind.
I had big wins with another Covid related product company, I have moved a significant amount of money after reading about AE1 products and what they can do against Covid. but this company has failed miserably to capitalise on demand and use the situation to their advantage.
Sold at a loss before end of tax year now only have a small holding to watch if they can turnaround.
Products in paper is what the world desperately wants now, but these guys can't sell and manage supply, no news on approvals. paying for themselves and related party transactions is a concern.
It is possible that this will dip further if they continue to operate this way.
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AEI Price at posting:
12.5¢ Sentiment: None Disclosure: Held
