Alas very underwhelmingThe diversification strategy has been...

Alas very underwhelming

The diversification strategy has been pushed aside and its back to focus on bedding ... however the bedding market is declining ... yes the push is further into the bedding market, new markets etc ... but we have been hearing that for a while now in the quarterlies (along side the diversification strategy).

It seems still (imo) a struggle for them to gain any traction - to advance and quickly. It seems like things are taking a long time to come to fruition (if they ever do).

Go back to earlier quarters and they talk about potential revenue streams from this and that coming in this quarter or half year and about announcing to shareholders when deals happen ... but revenues are not growing they are declining - we also haven't heard any new deals being announced separately.

Also the cash balance is down to $1.428m already and $551k of that is technically owed to Alterna to cover what has been drawn down from their facility, so really the balance is $877k ! - so the cash position is not in good shape and this will likely needed to be addressed again.