Dividend, page-21

The patents are a bit of a grey area, I haven't come across any investors on HC who really truely understands the family of patents a2 holds. Yes some expire soon, however they are continually being added to and strengthened as a suite / family. As for the current suppliers to a2m, I believe they are contractually bound to not compete with a2m without permission in return for using the patented test for their farmers herds and for doing business with a2m. What happens after supply ends is only known to those that have laid eyes on the contracts or who know insiders. As we have seen recently Freedom foods has started doing a2 UHT milk - I believe a2 granted permission for this. Remember that a2 had had an uphill battle educating consumers on the a2 science, many still don't get it, so a2m see competition as a help rather than a hindrance at present. The addressable market for a2 products is larger than the market for 'normal' a1 dairy - we still have massive room to grow, and hopefully retain the market leader/ premium/ first mover advantage as time goes on.