Hi Sugarbowl
How about a bit of honesty on this board?
People know that you are a major shareholder in Bioglobal.
You therefore know exactly what is going on in this company.
You know as well as we all do that Bioglobal has been producing and selling this product in Victoria for years. It is not something new.
Since Pat won't tell us about the results with the USA trials why don't you update us? Obviously they failed otherwise we would already have a company maker. But it is good to see that you still have not lost your dream.
It must really rank you that when CNN was a passive investor in Bioglobal, the company was well run and was profitable for years. So CNN swapped its passive investment in exchange for the Australian operations, and the company has been making losses ever since. You know the cause of this. Is the ex number 2 man at CNN still running the show? when are you going to admit that he is not up to it?
So these brilliant products have been snubbed in Australia, South Africa and the USA. But you are telling us that China is going to buy big? Tell us, how do you feel about your directors "expanding their facilities in China" before a single order has been placed? Is that the way you would do it. Mate, if you haven't done it already, get rid of the so called executives running the company, appoint some decent management and you may get some return on your investment.
Regards
Pear
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