@Bolesta13 .. "Patent information available upon request"
Is not a link to anything that supports your case. Are you saying there is no internet accessible links showing what you have claimed??
If people have to ask the company for relevant market information, it is pretty poor. The company has a responsibility of continuous disclosure. They did not release any information about any type of 'neutralizer' back in 2018, it only appeared in 2020. They still have not released any information about it, like is it activated carbon based, or manganese dioxide based, which should be easy if it was off the shelf existing technology.
Hopefully there will be this information in the quarterly or an announcement soon.
Back in 2018 the line from the company was that 'clean air' came out of the Bluemist unit, no mention of anything about the air still needing to be cleaned further (the neutralizer).
As the company didn't tell investors everything back then, why should they be believed that they are telling the market everything now??
The whole argument about the neutralizer being 'known' only to those that received the information from the company, makes the situation here look a lot worse than just always making it public from the beginning via the correct format, company announcements to the ASX.
I bought in on BP buying, and continued to hold because I believed that the diagrams in the announcements were accurate and 'clean air' came out of the unit, which showed no 'neutralizer' at all. BP involved was good enough for me, I didn't do any research in the field at the time.
I bailed a year ago at around $3.70-80, because the talk turned from ozone to hydroxyl radicals doing the main 'air purifying'. It immediately occurred to me that any plasma generator couldn't make hydroxyl radicals in dry ambient air, you need water moisture in the air to provide the hydrogen atoms.
@tukebay .... " it seems as thoughFRG's uniqueness lies in its ability to sustain a Streamer Cold Plasma while treating ambient air with varying levels of humidity and contamination – this is not performed by any other product and its effectiveness has been demonstrated as previously outlined by PO3 (or WRG as it was then known): "
Looking at the diagram that compares Bluemist with others, it clearly shows that others can do the same thing. Go and look at the SCA Cascade range ...
https://surgicallycleanair.com/sca-products/
The Bluemist V2 is slightly faster in that diagram, but the Bluemist doesn't have whatever the 'neutralizer' is attached, and any type of carbon filter or catalyser bed will reduce air flow, making the Bluemist take longer to work. It would be nice to have a like for like comparison, using final product, including size of all units, power consumption, maintenance schedules etc.
Also look at the head start of a company like that, and the expenditure Plurifloh would have to spend on marketing to make a dent in their market share. Why would any business that already knows about SCA Cascade, a know company and product, change to something unknown and new, that does effectively the same thing??
If the tech was so wonderful then why is no-one clamoring at the door to get a piece of the action, as in industry players? We all thought that was the case with BP and his team with people like Jim Heath, but nothing came of it.
BTW the SP keeps falling and IMHO for very good reason. If I had been so wrong, then the SP should have been rising over the last year.
The company does intend to raise soon, they included this in the Notice of AGM about res 5 that was passed (pg 11).
So believers you should save a few bikkies for the cap raise, hopefully it is not just for "ongoing working capital purposes".
"The Company intends to use funds raised from issues of Equity Securities
under the 7.1A Mandate to further advance the commercialisation of
the Company’s Free Radical Generator technology and for ongoing
working capital purposes."
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