RE:RE:Joint ventures should be welcomed!digitel wrote: "As said in recent post, lot of progress has been acheived in the last 6 months. The problem is that we don't see light at the end of the tunnel. I personnaly think that a JV with a dynamic partner could be a catalyst for the appreciation of shareholders value. If the management does not act fast enough..."
As said on pg. 26 of the AGM presentation, partnering and sales are next! The company has said that a functional beverage could be ready for sale by the end of the year and that is only six months away. Hard to be quicker. To reach that a deal will have to happen quickly. The CEO has also said that companies are "extremely, extremely" interested.
The cholesterol nutraceutical was supposed to reach clinical stage in Q4 2016. The operations at the old plant were going to run in parallel with the new plant until Q1 2017. Yet here we are well in 2018. I'm not too confident in the company's abilities to meet any of its deadlines.