The APAS trade fair was hosted in Sao Paolo 5-8 May, 2014 where Cardia exhibited its product offering.
Five days post event, on the 13th May, Cardia updated the market with an announcement highlighting that several Brazilian retailers had ordered a total of $250k worth of Cardia bags and that the annual supply requirement for these retailers was forecast to be a minimum of $1 million with supply commencement scheduled for July 2014.
The annual AMIS trade show (Association of Minas Gerais Supermarkets) will be hosted late this month, where Cardia will be exhibiting its product offering.
Tony
CNN Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
