hard man - as it is more than 18 months since this one product company received the necessary approvals for its cosmetic grade collagen when would YOU have reasonably expected them to have secured some major sales. Additionally, if there were sales likely soon wouldn't you have expected ramping up of suppliers cost.
I had always thought Colltech would have been a great cash cow by now but it appears there is no great NEED for their product!
As for selling, I have been here since IPO so I too live in hope that they can secure sales in the near future. However I expect Steve Carter and his crew will be content to simply idly graze on the cash at hand for the next 12 months.
quaterly no foreseeable sales, page-3
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