Why we invest in AJX FR, page-29

Yeah, coz there's no way Nick would no whats in the pipeline in the R&D department, there's no way Alexicool could have been delayed in any way and once Dr Bob finished Alexicool, Alexium immediately managed to ship it out in sales January 2017....

Yeah that sounds plausible.

I agree Alexicool wouldn't have formed part of the initial $24 million forecast but by the end of the year it would have been a consideration in that forecast.

Have to remember Alexicool was developed by working with customers to ascertain their needs and identifying opportunities that Alexium could provide. Alexicool came out of our work in FR so to frame it as if Alexicool is some miracle that saved Alexium is not giving enough credit to the groundwork made by working closely and tailoring solutions for customers with FR. Yeah it may not have high margin or even profitable doing that at the time, but its paying dividends now.