Yes Soft Tex will be a grateful boost to our revenue through utilising I presume our TMCS based on this; " to exclusively purchase Alexicool® phase change material (PCM) products for bedding systems based on Soft-tex’s Reactex®". As stated in HY presentation our TMCS "increases revenue per unit" .
I have been wondering whether soft tex will sign on to use Alexiflam NF in the capacity as a flame retardant in their product lines as all mattresses as far as I can see in the USA have to pass the flammability test (eg the one we just passed) one way or another. I do not know how Soft tex achieves this, their certified foam doesnt state anything regards flammability but have only had a quick peruse on this matter.
Alexium have said they would be leveraging exisiting customers plus new ones for Alexiflam NF so it would be a good tie in IMO. Also I was under the impression that they could combine both Alexicool and Alexiflam together so you would get a "one pass" solution, is this correct (would love someone to clarify if they had heard this too)? If so I am hopeful that Soft Tex will also utilise our NF capabilities to further increase the revenue, but hey I am an optimist as everyone knows.
Anyway something to ponder while we wait, I do think that the Alexiflam NF side of the story has changed the game for our company a loooooong time coming for sure but Alexiflam was the focus of this company right from the start and we are finally at the stage we have approvals for it.
Wish the best to all
Above are my views based on my research. I am Pro Alexium (just not the shareprice )
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