Remember why we're here, the company and some of the more informed/research competent posters have put out some great information showing where this company is heading.
Remember the facts don't lie, if there's no substance to a post and its all speculation, it's not worth the time it takes to read it!
Out of the 12-4-16 Ann.
ALEXIUM ACHIEVES STRONG FOURTH QUARTER SALES MOMENTUM
Highlights:
One just needs to go back through recent Ann's to get all the facts one needs.
- New purchase orders of US$530,000 secured in April (month-to-date).
- Month-to-date revenue over 65% of total 3Q revenue budget.
- Seventh quarter of continuous growth for Alexium.
- Alexium reaffirms CY2016 top-line revenue guidance of US$18.5M.
Perth, WA and Greer, South Carolina: Alexium Interna;onal Group Limited (Alexium) (ASX:AJX, OTC QX:AXXIY) announced sales and product updates and reaffirmed revenue guidance of US$18.5M in calendar year (CY) 2016. Business development is off to a strong start for the fourth quarter of fiscal year (FY) 2016 with Alexium securing over US$530,000 of purchase orders from existing and new customers in the month-to-date. In addition, the Company has scheduled nine additional initial production runs, which is the final scale-up run before production, with a number of customers this month.
“We saw solid performance in the third quarter of FY 2016, which marked our seventh quarter of continuous growth, and are very pleased with the sales results of the past two weeks,” said Dirk VanHyning, President. “Given our sales momentum and excellent growth prospects, we remain confident with our projections to be in a cash neutral position by July 1, 2016, and are on track for our forecast of US$18.5M for calendar year 2016.”
Remember if an Ann is released through the ASX it's the real deal, management go to jail for deliberately publishing false hoods, unlike HC posts.
One just needs to workout who to believe.
I know who my hard earned cash is on!
Cheers.
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