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CRUX Investor - Questions for Mike, page-6

  1. 429 Posts.
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    Nice work!

    I'm curious about some of the projects that have been announced but seemingly go nowhere. What's the status of them? Have they been cancelled? I feel like if it was worth announcing they were happening, it's worthy announcing when they've ended. And more interestingly why. Although I doubt it would be answered as it's better to ignore it than deliver bad news right?

    Some that come to mind:
    - Hexcyl were trialling oyster baskets, what's the status? Is this an extended field trial? Estimated date?
    - There was a European chemical company who wanted to order 50t. Quite significant. But that was mentioned a while ago, getting shareholders excited, but then no follow up? Has this fallen through?
    - Wasn't there a PVC project for solar tubes or something? Can't quite remember the specifics, again I feel like it was announced once and never again.

    Also we signed some contracts that required minimum purchase amounts for exclusivity for a certain period of time. From the quarterly reports (given we don't get any other updates), it seems these sales haven't been happening. Will this exclusivity cease and are we engaging competitors to make sales?
 
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