Maybe a big Delcool deal announced before the webinar to take the pressure off the BoDs? [1]
Interestingly they reckon they will provide forecast revenue - which may mean that it may be half decent.
I thought it may have been the Pegasus deal [2] arisen from the ashes but they state its a new partner
... Interestingly what did happen to Pegasus and that $10m per year from them...
[1] From the recent 4c
The company is currently negotiating terms for a multi-year supply contract for Alexium’s newest innovation, DelCool. Sales of this technology to this
new partner have already begun in earnest, which marks the commercial launch of this new technology. Initial trial quantity orders of 17,000 units have been secured under purchase order terms as the parties sort out the contract language for the longer-term, higher volume business. The initial orders are for the
top-of-bed segment in the form of pillow liners.
We will announce the finalization of the contract, along with forecasted revenues upon its execution.[2] from Alexium Announcement
January 2017
