Ann: Annual General Meeting Chairman's Address, page-2

"HCD now has approximately 16agents and distributors around the world".

so..... do they have 16 distributors? or 17 distributors? or 15 distributors? or they do not actually know how many distributors are selling their product?

not my job but i would call/email them and ask for a list of the distributors.......... and if they were not willing to provide that list of sales distributors that sell HCD product, then i would draw my own conclusions about HCD.

i reckon they are gunna branch out into some sort of agricultural pursuit like merino wool production ...... place ur bets . they do have a nice toyota ute ready to use for that.