Ann: H1 FY2020 Appendix 4D Preliminary Interim Report, page-21

Yeah-but who wants to buy. 2 year old medicine?

It is almost criminal (I think it actually is criminal, were there to be legal action) the way they kept boasting in the past few reports about having “inventory to cover the next 12 months” leading plebs to think excess inventory and having to shutter and mothball your production facilities and letting go of expensively trained production workers is a GOOD thing.

In fact, they say it AGAIN on page 1 of this very report in an optimistic manner, which is misleading at best, might be seen as willfully deceitful in the case of civil or criminal actions resulting from any future administration.: “The Group has $16.8 million of cash, virtually no debt and usable inventory to support revenue growth for more than12 months.”

There will soon be huge clearance sales on moldy old CBD soon to expire at Elixinol, since they’ve now written down their cost basis.