Originally Posted by
simla
Well, the current management started about 4 years ago, I think. During that time, they've raised just $5.5m - $4m in the rights issue, and $1.5m last year. That's a little over $1m a year.
In return for that, and during that time, they have:
Put K12 into about 50 products in about a dozen countries, at a guess.
Gained business partners in the US, China, Japan, Taiwan, India, Australia, Canada, Malaysia ...etc
Introduced M18 as well.
Got Q24 close to available,
Launched a dog product,
Patented the products in at least half the world, as far as I can tell.
Gained regulatory permission in most of the world.
Gained GRAS.
Gained access to China.
Launched 3 products into nationwide chains in the US.
Performed human safety trials.
Endured ceaselessly more difficult regulatory regimes world wide, that even the multinationals are struggling with.
Survived as a startup in the worst world crash in about 100 years, that is devestating most of the world.
Put up web sites, youtube, twitter and facebook.
Put up on line sales.
Become the third most popular throat product in NZ, in the face of multinationals.
Developed the technology to put the products into yoghurt, ice cream, beverages, chewing gum and various pills.
Developed ongoing products that are hinted at that we do not know about yet.
Adopted an ice cream company for purposes of both profit and business development.