RE: Media Coverage of ENWThanks for the post manormouse. Future looks bright.
So what can EnWave investors and those looking at the company look forward to in the next year?
We are hoping to sign between seven and eight R&D agreements. We want to complete the commercial deal we announced with Milne Fruit earlier in the year. The equipment is to be delivered there before the end of this year. That’s a commercial deal, we’ll get royalties from that when they start production. We have the R&D and license option in place with Nestle, with Group Bimbo in Mexico, with Grimmway Farms in California, with Kelloggs and with Danisco for bacterial cultures. We’re trying to add to those, and we’re getting close. Each of our partnerships is someone we have identified as a leader in a particular global market segment. Our agreement with Kellogg’s is exclusive to cereals and cereal bars, a segment in which they are dominant. And that’s really our goal going forward; to work with companies that have between 25-30% market share in a specific category.