Typical case of self-destructionHere on BNC board. I understand there is a lot of justified frustration and disappointment here. But all these negative talk and pounding on the company does not help to get the result all of us want. Perhaps some of you are doing it so you can buy more cheap shares. But for most of us, it's better we stay put and keep our frustration to ourselves on this board at the moment. If we want to voice our disapproval, do it at the AGM, to the management. What good does it do to keep fanning the fire here?
At the mean time, if we look at things in perspective, all the positive outcome will take time to develop. There is not a whole lot BNC can do to speed it up.
1. The approval of the plant is in the government's hand.
2. The development of canine application of MMC will take time.
3. The approval of Econiche in Europe, Australia and other countries and commercialization is in those governments' hand.
4. Urocidin is in Endo's hand. The study will take time.
The only thing BNC can do at the mean time is to concentrate on promoting sales on those successful animal products such as Cue-mate. AND do more PR about the success of this side of the business. Show it on the bottom line.
On this board, we have put so much emphasis on the big bangers like Urocidin and Econiche, we have effectively driven the focus to these two events exclusively. That's why very little value is given to the core business, thus the sp. Our day will come for Urocidin and Eciniche.
At the mean time, if we want to stop this carnage, we need to revamp this board so new focus can be directed to the core business, so the true value can be appreciated by the potential investors, thus sp. I am sure we would all be happy if the sp reflect the par value and we can sit there to wait for the big events.
Let's all hang in there for now and do something positive to help ourselves. GLTA