GREY:SIXWF - Post by User
Post by
Uteck1000on Apr 21, 2021 9:16pm
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Post# 33042362
Keep your eye on the ball
Keep your eye on the ball Notable Affinity™ benchmarks met in 2020/2021 include:
- Execution of production and distribution agreements/Letters of Intent for manufacture of the Affinity™ equipment, installation, and warrantee support. Company has arranged production in the UE for systems requiring the EU-GMP requirements and in Prince Edward Island Canada for North America and other locales that follow the USA/Canadian GMP requirements.
- Compilation of an extensive list of customer inquiries, comprising a sales database demonstrating potential demand for over 200 Affinity™ Systems, varying in size from our 20kg finished distillate per day level to 1000kg per day levels. Inquiries include cannabinoid processors from around the world.
- Current financial models show process savings to licenced producers ranging to 40% over existing process technologies, inclusive of Sixth Wave's Total System Performance Licence (TSPL) fees.
- Company is currently optimizing the formulation of the Affinity™ molecularly imprinted polymer (MIP) to transition production to its toll manufacturer.
- Company is achieving single column efficiency sufficient to yield final distillate purity in the mid to upper 90% range with cannabinoid loses four times lower than conventional processes.
- Company has successfully proven and developed Standard Operating Procedures to prepare crude extracts for use in the Affinity™ platform that will allow the licenced producer to eliminate winterization processes.
Overall, SIXW believes that consumer demand for cannabis related products is bullish, especially with the anticipated trend of additional jurisdictions in the US expecting to legalize marijuana in the near term. The Company expects to see continued State-by-State legalization, which will promote the build out of facilities resulting in the continued expansion of markets for Affinity™.
Right on track in my opinion. The use of the marketing agreement will get the information out and bring in investment = higher stock price.