No sneezing here(I have been taking my Blis so almost impossible to sneeze) but no counting of chickens before they hatch either.
Future looks positive but only time will tell.
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Well, let's be honest. It's been a long and bruising battle getting here for all concerned. Blis listed 15 years ago and its just been work, work, work and obstacle, obstacle, obstacle ever since. That is why I am so relieved that victory seems in sight.
But is it a surprise that, after all that, the Board are too bruised and weary to be "delighted to announce" an expected profit, and that shareholders are too bruised and weary to raise a hearty cheer at the news? We are only human after all.
Still, there's been some heroic stickability going on here. We're very lucky to have had our Chairman all these years, staying the course from the very beginning, never giving up hope. Barry obviously deserves an OBE for the endless slog he must have gone through to get the company to this point. And certainly plenty of others at Blis have obviously done sterling service, both Board and staff. Some loyal staff even faced cost cutting a while ago it appears, which must have been hard indeed. And then there is the motley crew still left here, not so many as there were, but still here, still managing our tired cheers.
Well, let's hope the new CEO can infuse some fresh enthusiasm into us all - and indeed can even understand what we've all been through getting here, and why we are all so very, very weary! Reinflating hope would be welcome.
So, a decent rest and a few stiff drinks, and maybe we will find fresh strength to cheer. Meanwhile, let's see if the market manages any more enthusiasm over the next days, weeks, and months. The news, after all, looks promising. It's been a long march indeed, but arriving at the destination, by the looks of it.
Hi Simla
This site is called Sharetrader so its probably not the best forum for long-term holders such as you and me.
There have been plenty of detractors along the way as various obstacles have been encountered but then overcome. I agree with you that the BLT team have stayed on course throughout many trials and tribulations so I hope they too are holding shares and like us are poised to enjoy the good times in the very near future.
Not sure how long you've been on board with BLT but my first purchase was in 2005 - at 19cents! Over the years I have built up a substantial holding, buying when the SP was low (0.7cents), resisting the urge to sell at highs (3.5 cents) supporting various capital raisings and like you, always believing in the story.
At Friday's closing SP I'm 50% ahead of my average cost. Even though Mr Market apparently remains cynical, I'm certain that our new CEO will be presenting a conservative forecast. In addition, new ideas and new energy from him, plus other initiatives coming to fruition make us well placed for significant growth as progress is reported
In my view the SP could possibly have a 5 in front within 12-18 months. If that happens it will be worth well over $100k for me so I'm staying on the bus with you and the BLT team.
I always appreciate your conservative, supportive approach for BLT and the team. Patience will be rewarded handsomely in my view.
However we could probably have made some handsome returns as traders in BLT too!
Great posts!! ..... the next year or so will be very interesting (and hopefully rewarding).
SIMPLY PUT.............."no better time in the history of the company, to be a shareholder"......IMHO.
The FDA are a slow moving beast. On Saturday their website finally update to reflect GRAS for K12:
http://www.accessdata.fda.gov/script...Notices&id=591
What is interesting is the submission document is included:
http://www.fda.gov/downloads/Food/In.../ucm494554.pdf
So far I have only read the first few pages(of over 100) but Table I.D-1 (Summary of the Individual Proposed Food-Uses and Use-Levels forStreptococcus salivarius K12 in the United States (NHANES 2003-2006)) gives interesting insight into what K12 is now approved to go in food wise. This is a level of detail I have not seen hitherto.
Thanks, Emearg. An instructive table, as you say. Wider than I'd been thinking.