I didnt get to the meeting unfortunately. Looking at the report...

  1. 204 Posts.
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    I didnt get to the meeting unfortunately. Looking at the report dosent give me much confidence. 1 large company hooked up and interest from others has not resulted in a rise in sales, rather the sales has not followed the rise in customers, but dropped quite dramatically. The kick up recently is good to see, but the company it well behind the eight ball financialy in spite of cut backs in opperating expenses.

    The next few months will be critical as to the companies looking at BCT. Will they sigh up or wait to see if BCT viable.

    The company has cost some 60 million to get to this point, any company looking to buy out BCT are not going to stump up anywhere near that amount. Long term shareholders will be lucky to get a fraction on their investment returned.

    The loyalty of people close to the company stumping up a few hundred K is very noble and shows confidence (or desperation) in the viability of Bct, but partenerships and sales are the only way this company is going to survive.

    Andrew and the team have developed a great product, there is no doubt about that. A company with access to big dollars for the promotion and push sales forward are the only way BCT can fufill their potential.

    As far as the return to listing goes, they will need to be sighning up labs and getting sales figures on the rise of they will fall flat on their face and they dont have far to fall!

 
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