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16.7%

0.5¢ holista colltech limited

Ann: Quarterly Activity and Cashflow Report, page-10

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OliK1080

585 Posts.

115

31/07/23

13:42

Post #: 69080151
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Originally posted by Diabloracer: ↑

You said "The Doc himself said that medical grade collagen was a gold mine for the company. Who abandons a gold mine?"

Did you even read the quarterly?

Holista OBVIOUSLY working VERY CLOSELY with Guangzhou Sinbio Cosmetic Co Ltd (Sinbio)

Ovine Collagen and Infection Control
Meanwhile, in consultation with Guangzhou Sinbio Cosmetic Co Ltd (Sinbio), Holista has
successfully developed a range of cosmeceutical products that leverages on the all-natural
protection of the Natshield™ sanitising formulation and its unique ovine collagen solution.
These include a nasal balm for rhinitis, facial cleanser, vaginal wash, collagen face mask,
anti-aging cream and a collagen with exosomes1 solution.
Apart from the latter, all other products are being test marketed by Sinbio, a State-Owned
Enterprise and one of the largest OEM cosmetic manufacturers in China. A successful result
from the test marketing exercise may lead to a commercial order, although it is too early for
Holista to speculate on the timing of such orders or quantify the value of any potential
contracts.

Expand

I did read it. He said they are abandoning MEDICAL GRADE COLLAGEN. That is what he referred to as a gold mine, COSMETIC GRADE COLLAGEN is not a gold mine. It is cheap junk.

HCT Price at posting: 1.2¢ Sentiment: None Disclosure: Held
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