Ann: Change of Director's Interest Notice x 4, page-107

  1. 10,051 Posts.
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    Up until mid year they only had 300 plus POS.
    They started ramping up production from Feb and shipping from march onwards.
    Those other ones such as Fuel Medical are yet to be rolled out.
    Having over 5000 POS is a big difference to what they had at the beginning of the yr. The InnerScope deal is off as NUH has direct access to Walmart
    It takes time to establish and cultivate a large retail footprint and sales channel but that is happening. Walmart is committed to OTC.
    This is why OEM’s and RealTek are company makers for NUH, OEM clients already have proven sales and distribution channels in place so product can be moved through theirs immediately, NUH does not have those channels yet.
    People complain about sales but you cannot have sales unless you have established the sales channels. That is why OEM is so important , it basically front ends the sales via parties who already have the channels, selling a white labeled product under their brand and via their channels, and they pay upfront for the orders.
    The other thing is NUH is about to shift to the 4Gen product, do you really want to waste capital and time on the 3Gen product , focus on the upcoming 4Gen product and monetise as much as possible the 3gen inventory.
    If you dont think it will happen, perhaps find another stock.
 
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