Well the announcement came a little later than expected, but...

Well the announcement came a little later than expected, but better late than never hey!

Sales Confirmation = Good, as does the trials with several products into the majors.

I quite like the announcement of splitting the company. BRT certainly do not have enough cashflow to handle the bulk orders for Christmas and fund research and development so what are the options really????
1 - waste all the hard earned already spent.
2 - wait until cashflow improves.....and by then the R&D will be outdated and of no value.
3 - get a specialist organisation in to help fund this area and they can bear half the costs!

I know which option I would be choosing! Whilst some see it as dilution, ultimately the current R&D and last 3 years of hard earned are worth nothing without cashflow or a cash injection!

I see them running as one entity (like BHP) and then down the track when the respective areas are big enough they may consider splitting the two......but I would prefer them to maintain a 50% stake in BRD under the BRT banner....I think this is GREAT NEWS FOR ALL!!!!!

Cant wait for Monday!!!!