As stated Jazzy, we were all told how much Alexicool has taken...

As stated Jazzy, we were all told how much Alexicool has taken off and there would be a ramp up in costs this quarter, it's an excellent 4C which shows that our costs have grown due to the excellent sales of Alexicool, we're now achieving more than $2 million per month in recurring revenue, I love this price action and are thinking about ways to buy more.

We've been over this many times now Jazzy and it seems you simply don't understand that a company just entering its commercialisation phase with great growth will nearly always chase its tail in regards to expenses being converted to receipts/revenue, until things start to level off getting ahead of your expenses when growth is happening is always going to be hard, I know how it works and we're tracking very well!

Just in case you missed it Jazzy.

"Alexium continued robust growth during the period, with highlights being:

Cash Receipts of A$6.6M for the period, a 25% increase over the previous period and a 73% increase in cash receipts over the last two periods. With this period cash receipts, the six-month total of A $11.9M ending 03-31-2016 represents a 153% increase in cash receipts over the previous six-month period ending 9-30-2016 (A$4.7). Year to date cash receipts have increased 682% over the same period in the prior year.

Revenue From Chemistry Sales for the period grew 425% over the same period in the prior year on as a result of increased core chemistry sales across several markets and customers.

Average Monthly Recurring Revenue now exceeding A$2.0M per month following a rapid increase in sales of Alexicool into the bedding market.

Average Gross Margins well on track to exceed 40% in 2017 with Gross Margins in key markets on track to exceed 60% in 2017.

Cash Neutral Position remains expected for 2Q calendar 2017"


When expanding quickly in any new company the upfront costs are always going to be in your face, but the fact that they are bigger makes me very happy as I now know the Alexicool updates via Dirks recent emails to shareholders are not only real but swiftly growing.

It's a great 4C with very much anticipated costs for an expanding company!