Still awaiting a reply from ALT. Not holding my breath either....

  1. 2,627 Posts.
    lightbulb Created with Sketch. 308
    Still awaiting a reply from ALT. Not holding my breath either. Imagine if a procurement manager for a chain of hospitals was serious about wanting some Autostart Burettes (or are they Infusion Systems?), and they found the website and they read they were advised to check the ASX for announcements for commercialisation, they found no distributors and not even a contact number and could get no details of price and availability. They would pass it off as a hoax website by a completely unprofessional company and rightly so. ALT should have enlisted the help of a large global supplier to hospitals to distribute the burette. 5 years later, the burette is gathering dust and the patent is wearing out. Either fix the website up or remove it until the burette / infusion system IS ready for sale. In my view probably best to rebrand it and start again with a new name since it has withered on the vine for so long and is known by two names (I think)

    Let us face it, ALT should stick to developing IP and should hire a professional to negotiate deals with the big boys, as OBJ have done, resulting in tie ups with P and G and today a Term Sheet ANN with COTY.

    My slogan for the Pericoach would be:

    "Every woman should have one"

    People can't imagine life without a mobile phone, yet we did it until the last 20 years, and in 20 years time I would like to think that ALL women will have a Pericoach and leading more active lives as a result. Not only to provide a solution to incontinence but to prevent it in the first place and also to improve sex lives. Emphasise improves sexual function rather than fixes sexual dysfunction and you will sell heaps more. Somewhere I read that the main issue holding back the company is lack of awareness of the issue. This is where you need to splash out millions of dollars having a proper product launch so that every woman (and man) is aware of the issue. Think Nurofen saturation advertising. As ALT cant scrape two bob together without a CR, it really does need to partner up with a global player to do the heavy lifting whilst ALT sits back and takes royalties. The global player can even fund the final R and D and tweaking so that ALT can get on with developing the next products. Don't leave it to a chance event like getting it on Oprah or some other TV show. In this life you can make decisions which greatly determine your own luck. I sold most of my shares to buy OBJ and this will be the best decision I will ever make. I held on to my ALT thinking it HAS to turn around, but like many others I am lacking confidence in ALT's marketing ability, which is probably why the SP is below the CR price.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.