Hi, For any new investor, the quickest way to get upto speed is...

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16/07/19

11:28

Post #: 39539281
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Originally posted by Marry878 ↑

I'm sorry, I know this is an open forum and all of you new posters are intrigued at the company but the level of detailed analysis has certainly died down from the regular posters who have been here for years - all for new posters who've just purchased a handful of shares. Welcome, truly I mean that we are a community of like minded people who wish nothing but success for each other, I hope to meet some of you at the next AGM.

It is frustrating and eye rolling to read these posts about the concerns of China read through the lenses of your morning reading of "Sydney Morning Herald" or "The Australian" but here is the reality - PET has been in China for over a decade... the change experienced there over this time is mind blowing. Over this decade the company has tried time and time again to break into what is certainly a very complex market. We have in the last three years finally done so with our strategic partner who is established within the water management community. These are Chinese people with real Chinese skin in the game who are (along side our board) heavily invested in the success PET in the region. Like wise this is NOT a product that can be copied, this is NOT a company that can be copied. The technology has been invented by the CSIRO and is specific to PET. The company has spent years putting in place patients AND gaining trusted certificates of authenticity and standard from Chineses, American and other international water organisations. This is the reality. The company has a long standing history in China and the MD is more than equiped to deal with any changes. But the news you read has not been the reality experienced. They have a problem - we have a solution - they have money to spend on set solution.

It is also untrue to say that PET is a monopoly.. there ARE other companies out there who offer solutions - different solutions, that if i'm speaking plain english, suck. These other products like alum water treatment have been well documented here and the horror's that is has caused for their clients.

I hope this speil has answered some concerns and or questions. If you go through the history of this forum there will be many other questions answered.

I hope our regular posters don't leave, your insight is wonderful.

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Hi,

For any new investor, the quickest way to get upto speed is to go to Phoslock web site and explore the blog for the last three years - it has almost everything - issues, problems, potential, science, past projects, patent information and all explained in simple layman language with further references (if one wants to explore more details)

PET Price at posting: $1.33 Sentiment: Buy Disclosure: Held
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