Thanks Jeva.
So it looks like that Ted and co are focused on developing their company around Cold-eze, with expansions on developing new different range products a low priority.
Fairly understandable.
However, that is the first time I have heard that they are looking into possibily incorporating TPM into their cold-eze tablet range (which are homeopathic).
No complaints on this one from me, as it is probably better that pro-phase work to their strengths and the larger globals work on the personal care and acne products.
From the 2010 financial report revenue from sales were around $14m. However this report also indicated that the hurdle to developing new products was the significant costs of trials especially for prescription products.
Going on all this, our hope is that Prophase look at incorporating TPM into cold-eze, and we derive a smallish yearly royality.
Not dead and buried, but still in need of CPR.
Coldeze with TPM could be a small income bonus for us, but remember this has cost us nothing and put a few million into the coffers.
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