CFO 0.00% 0.2¢ cfoam limited

Ann: USA operations funding update, page-10

  1. 76 Posts.
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    Agreed Hesterm. Over the past few years, CFOAM has raised millions$$$ under the guise of increasing production and talking of "significant sales growth opportunities", neither of which have come to fruition.

    There was hype of 25,000 - 80,000 cubic ft / yr production - how much p.a do we produce at this point??!

    I realise they had technical issues with bad batches of product, but it appears the issue was resolved and sales have not - just a trickle of sales to Touchstone and minor sales elsewhere. Are we just a puppet of Touchstone?

    CFOAM either can't close a deal/ effectively communicate its product to the market OR the product just isn't that special. CFOAM has me feeling like I've walked out of a Disallowed salesman's tent at the carnival.

    Just my opinion, not to be taken as fact.
 
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