ann: shareholder update, page-3

This is what you want to see increase! :-)

Revenue...

*sales revenue for FY2011 = $$1.65M
*sales revenue for FY2012 = $4.30M

This will be nothing in comparison to what awaits Cardia imo.

Next...

* Cardia to highlight in bright lights who Global Consumer Product Owner is, which will = more money!

The supply contract provides Cardia with a strong revenue stream and exposure to that company’s extensive retail channels.

The new consumer product is expected to go to market in November this year. The Cardia Compostable bags will be used in conjunction with one specific product line, to encourage environmentally-friendly waste disposal practices. The contract opens up significant future growth opportunities for Cardia because the relationship has the potential to expand into other product channels. 

* I'm expecting an update on Hygiene Co - Procter & Gamble. Once Cardia announces Procter & Gamble it'll be game on in this space.

* I believe Cardia's main focus going forward is the Hygiene market & Waste Management.

I was reading over some past announcements last night, and I reckon there will be an update on Ben's Land (Nanking) Baby Articles Co., Ltd. - Range of baby/diaper/nappy and feminine hygiene products.

http://www.cardiabioplastics.com/news/13/12/2010-07-15/cardia-bioplastics-compostable-biofilm-wins-global-hygiene-products-contract/?page=8

"This important product development confirms Cardia's confidence that the baby nappy and feminine hygiene categories will increasingly switch to environmentally friendly and compostable products. This contract will be the first of many for us in the personal hygiene sector and will contribute AU$1.5m to our annual sales revenue," said Pat Volpe.

* As hinted in AGM Preso - Seventh Generation Nappies - Touch Of Nature - SGN is a sizeable 2nd tier player in this space. I'm expecting an update here too.

And much much more...

$3.3M market cap, now that's funny!