SBN 0.00% 0.0¢ sun biomedical limited

china, page-2

  1. 13,477 Posts.
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    Captain, very nice find. This is HUGE. What we have been expecting - but huge nevertheless!!

    Surely these last couple of sentences are dynamite:

    "In addition, they have also made thorough research and discussion regarding the prospect of drug prevention market in China and in the whole world, CLARIFYING SCOPE OF MARKETING.....they’ve also put forward constructive suggestions and STRATEGIC PROPOSALS to perfect this cooperation. Finally, in a warm and friendly atmosphere, the three parties SIGNED THE MEMORANDUM."

    So the purpose of the visit was formal - to sign a MOU. About marketing and strategic proposals related to finessing of Oraline iv and 8 production and marketing - with NUMBERS almost certainly attached.

    Presumably therefore also the basis for UPGRADING THE MEMBRANE PLANT (if numbers are at least 1m per annum).

    So WTF! Where is the announcement if the signing has been done several days ago (article dated 9 December)?

    Agree, should be this week. (Surely this can't be consigned the the 'next investor update' as so many other important matters have this past year).

    SiYi obviously regard it as important news. Why not SBN?

    With this substantial progress under the belt in China,and the SP under 1c, this has to be the best ever entry point for this stock. Can't last!

 
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