CCO 11.1% 0.8¢ the calmer co international limited

Ann: Appendix 4C Quarterly Activity and Cashflow Reports, page-60

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    @Biloselhi
    See nothing is happening on FIJ side. China penetration of Kava is one of the biggest cons going around. The Chinese have there own sleep and anxiety herbals dating back 5000 years. Why on earth would they use Kava. Coles contract is under review due to lackluster sales, unfortunately the product has no measurable affect to the majority of users. There will be an attempt to pump this stock with another distribution MOU but ultimately I cannot see them raising anymore cash for over 10c. My guess is that this will soon be heavily sold and a capital raising will be done at 5-7c. Even then investors will be a hard graft and very much doubt that anyone will underwrite the CR, so I would expect them to go into voluntary suspension until they sought it out.

    The single most positive thing FIJ can do for now is employ a gun MD, someone who has experience and who is not tied to the hips of China.
 
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