The Natural evolution of the business requires a manufacturing contract ,,, you can talk the talk for about a year 18 months (tell the story) then the market expect results ,, walk the walk time....
The company seems to have floundered a little and the erosion of the SP does not provide a decent graph to grab attention with ,,, ( trend is your friend) and at present the SP erosion looks unanswered by the company..
Certainly value here,,, but looks to require a decent $$$ order ,,, or a Heads of agreement or MOU with a major fashion brand..
The walk from the Lab (R and D) to full commercialisation of a product or service is no easy step,,,a lot of people to convince ,, investment side and Textile Industry side..... but as pointed out it would only take that single decent relationship with Big Industry and you wont be able to pry the shares from holders hands...
Seems a lot of Management are taking pay cuts ,,,, have Management indicated they will take a drop in compensation ???
Plenty of valuable IP , has completed proof of concept and the fibre is well recieved ,,, the industry know they need to move to a sustainable manufacturing system ,,,,, one of those Build it and they will come scenario's ,,,, does Management have the right skill set? Time to look for a Fashion house of substance ,,, and for Management to put on the SALES hat,,, revenue is king,,,doesnt have to be trillions,,,just a trickle to show the loop is closed and now a matter of applying skills and resources to scale up the operation,,,, the first big order is always the hardest..
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