just the same now people saying the same things but sp still looks like its ready for going down the gurgler
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just the same now people saying the same things but sp still looks like its ready for going down the gurgler
Unfortunately I tend to agree with your comment Scuffer. I expected far more from BLT a year or so ago, but the progress has been in the hidden area of research and patent protection which is pure cost and shows no profit in the short term.
In addition there is some change in the company staffing, business strategy, and the cornerstone backer, so we have reason for being a little positive. In two years I expect we'll be making the same hopeful noises ...or be happily spending the dividend!
Ah, ye of little faith!! (Unfortunately there is of course the distinct chance that you are right.)
However, to my mind the big difference is that Blis is in the marketplace now, with several effective distributors, whereas back then it was all promise of what was likely to happen, not what had already happened. The other big difference is that Barry has taken Blis down the neutraceutical route, which he feels will have a much bigger market. It remains to be seen if that is true, but it is undeniable that he has now launched Blis into that market. Also, having an underwriter in place rather suggests the good news is not a long distance away now, or they would not have bothered.
I believe the main risk now lies in whether the neutraceutical market is going to work. If it is, then the good news is getting pretty close. If it turns out to be a dud though, then Blis falls back on a briskly growing, but much smaller, future selling through chemists. The other unavoidable main risk remains with the increasing sucking noises as unemployment starts to kick in around the world. My guess is the neutraceutical market can comfortably out-accelerate the imploding world problem, but the chemist market would obviously make very much heavier weather of it.
SP up 34% at 5.9. Anyone any ideas why?
I fear the price means little Oman, as Blis has yet to announce a profit! Up to that point, the price is necessarily random (and despite the dragging share price of Blis, there are not very many shares for sale, which is presumably why it has been randomly going up and down quite a bit lately).
Other companies seemingly not making profit are presently selling for other seemingly random prices: Scott Technology (95 cents), Botry Zen (1.7 cents), Life Pharmacy (46 cents), Oceana Gold (25 cents), Pacific Edge Biotech (10 cents), Wellington Drive Tech (19 cents). If anyone can explain any of those prices relative to Blis I would certainly like to hear. I always like to learn.
I had wondered if there was some inside news leak, but with no sales today it must have been an optimist diversifying his Lotto tickets investments. We all live in hope of a better tomorrow.
Merry Christmas people. 2008 has been a roller coaster and 2009 will probably be more so.
But a little bit of Christmas Cheer for Blis at least. This new product seems to be available in US, UK and Ireland at least. It is made by Nature's Plus (http://www.naturesplus.com/products/...49&category=12). They seem to make a ton of stuff, but perhaps someone can find out if they are a big trusted brand name? Actually, it doesn't mention Blis, but does mention S. salivarius K12, so surely this is Blis? This looks a VERY saleable product to me.
http://www.naturesplus.com/products/photos/29949.jpg
Nice find Simla. Let's hope it sells well.
Where's the rights issue - was supposed to happen in December wasn't it? "Underwriters" getting cold feet?
You should ask questions more often Bobby if we are going to get answers straight away! Another $400,000 in the bank, as I read that announcement. And the rights issue deferred to the new year.