RE:RE:RE:RE:RE:RE:RE:RE:Aveeno FormulationThey were previously in an incubator facility, they had to move, cannot stay there forever. In their new facility, they will use semi-continuous insted of a batch-to-batch production method, which will allow production capabilities to increase 10x. They did not move specifically because there was huge demand which they could not fill (which should be evident from the very significant sales decreases over the past couple years).
Cajuncook wrote: Billy Wrote “So we're left with the existing business which is not profitable (and not expected to be profitable at least any time soon”)
Bill, please let me know where you bought the crystal you have. What makes you think that they won’t be profitable any time soon? Someone on the Bullboard recently stated that there was no way Ceapro would build a new plant without some assurance from current clients. Makes sense or at the very least the decision was made to build a modern plant with 10 x production capacity with knowledge that in doing so would attract more customers . Now that orders have now been shipped from the new plant , I think the company is has achieved a great feat and poised for growth in the next 2 to 3 quarters not withstanding any other potential revenue streams as a result of licensing deals.