Breaking into $280B industry.
Discussions continue with leading nutraceutical and pharmaceutical distributors globally, with the aim of entering into Purchase Agreements to further build on the strong foundations of established revenue streams.
European Union Listing Approval received for export of marine products to Europe.
US Food and Drug Administration Listing Approval received to export products to the United States in May.
NZ$4.4m purchase agreement with SuperMilkBaba (NZ) Limited, for the sale of a minimum of 100 tonnes of frozen ling maw over a 12 month period, with the first 1000kg shipment dispatched in March 2020, on advance payment terms.
Ling Maw sells for $1/gram!
Daigou traction.
Signed a distribution agreement with Chinese distributor who has big brand names such as Colgate in their portfolio.
Just upgraded their production warehouse by 6 x the space of the previous one.
Big sleeper.
Could well be cash flow positive very soon.
***Disallowed potential***
Breaking into $280B industry. Discussions continue with leading...
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