if you read the other accompanying announcement it’s clear the cost increase is due to prepayment for a much larger volume of Zoleo components to support larger production volumes. That seems pretty positive to me.
meanwhile Zoleo getting some press in holland. Sports pioneers are a sports marketing/PR agency so presumably they have been engaged by Zoleo to support European launch activities
https://spservices.de
Ann: Appendix 4C March Quarter 2022, page-5
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