mattyedw
For someone that holds shares you are very negative IMO
The recent Quarter certainly showed some very good improvements
Holista Colltech Appendix 4C and Quarterly Update
ASX Announcement 27 January 2021Highlights
•End of quarter cash holdings of $2.73m as net operating cashflow continued to improve
•Receipts from customers increased 76.2% over the previous quarter to>$1.9m
•Further improvements in net operating cash position expected in coming quarters as Holista is well placed for revenue growth.
•Adequately funded to execute on current growth plans with sufficient cash to operate beyond the next 12 months
•Key accomplishments during the December quarter included:
oReceiving Costanzo’s first order for world’s lowest GI clean label white bread ingredients as per their binding ~US$2m/year agreement with HolistaoLaunching US EPA’s “List N” solution to disinfect buildings of coronavirus and for fogging oCommissioning TGA application to list Holista’ssanitiser products as “Therapeutic Goods” that is effective against COVID-19 oValidation that Path-Away® kills 99.9% of SARS-CoV-2 (virus that causes COVID-19) via independent TGA-approved testing
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