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Ann: Controlled Placement Agreement Share Issue, page-91

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coolgrace

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05/03/20

18:26

Post #: 43328272
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Originally posted by Bhan ↑

I think that their announcements are what is letting them down, no follow up announcements, first things first does it work on this coronavirus or are we ramping things up for the current flu season? as unless you can prove it kills this virus, the rapid expansion may bite you on the ass. surely they have tested it by now, and got a result, i expect it will kill the virus but lets get this out to the market place. the next problem is at current manufacturing levels people are having to wait over a month to get the product on there shelves, and that is just to fill the back orders. anything ordered before 28th Feb will be delivered by the end of March. If someone puts in an order request for a million bottles it will take 5 months for them to get stock, provided we have no other orders, let face it big buyers will go to someone who can fill orders faster. No point getting global sales if you cant supply product within a 2-4 week period, hopefully they pull out some more bottling contracts soon, as the demand for this is huge, every school in Australia is screaming out for a safe non-alcohol based hand sanitizer to put in each school classroom mounted on the wall, not only do you get the initial sale you get consistent ongoing sales as the dispensers are re-filled every month or so, the market is there the product is right, we just need to get supply chain going faster.

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Do you think they are stretched given that they need go increase capacity and work on getting the balm to market...whilst doing everything else?

HCT Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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Ann: Controlled Placement Agreement Share Issue, page-91

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