3 big points in the numbers //Progress with NESTLE royalty income up 700%
loss per share nearly ZERO
down from 6 cent to ONE
and NO other expenses as
| | | | |
| 414,005 | | | 721,851 |
| 785,957 | | | 846,137 |
| Expenses | | | | |
| Research and development | 414,005 | | | 721,851 |
| Intellectual property | 785,957 | | | 846,137 |
| General and administrative | 3,654,142 | | | 2,186,273 |
| | 4,854,104 | | | 3,754,261 |
so no capaital costs for borrowed mony
+++++
In addition, Burcon's team of scientists and engineers continued to develop and tailor Merit's pea and canola proteins for use in Nestl's plant-based food and beverage offerings. Our team made significant progress in our development work for Nestl, the largest food and beverage company in the world, with the goal of Merit supplying Nestl with its innovative pea and canola protein ingredients. The collaboration between Nestl and Burcon/Merit Foods was designed to provide Nestl access to Burcon's unique expertise and a new range of high-quality plant-based protein ingredients.