Ann: Golden Koala Enters into a Supply Agreement, page-16

Good to luck to all holders. But just to point out few things here.

1. Agreement will start 90 days after CFDA/SAMR has received.
2. JAT has currently hasn't announced if they have formula ready.
3. NCA is in trouble right now. No one knows if they can ever produce formula for GK.
4. If NCA does not come out of trouble, will they be able to apply for CFDA/SAMR for GK IF on behalf of JAT is a question mark.
5. CFDA/SAMR after application lodgement these days taken 12 - 18 months to approve. Have a look at BAL and WHA both have lodged last year. It's close to year now and both have not received it.
6. Based on current CFDA/SAMR timeline the announcement will become relevant after roughly 18 months, as the agreement will be active after 90 days (3 months) after CFDA approval.

I will be staying away, given so many issues risks at the moment this stock will go back to 0.07 or less easily in 1 or 2 months. People who are buying thinking longer term can get this stock at cheaper price if they be patient and wait for the hype to die down. The announcement will be forgotten in few days and share price will tumble again.