Exclusive if KEY! (Lengthy)Great day, more vaccine news and still no orders. Yes I'm being sarcastic. HOWEVER
I still believe the writing is on the wall even though some say PG sounded flat and unimpressive.
There is still no sale orders however the two distributors chosen for non-exclusive agreement which one for Ontario & the other Saskatchewan. They will be responsible for solely trying to sell Biocloud. I know, this doesn't guarantee sales but let's look at what is happening in the world, companies will reach out and purchase which these numbers will be more difficult to announce until the financials are released in the next quarter unless KNR updates with NR informing the market that so far since ???? date that Ontario has sold # of Biocloud and Saskatchewan has sold ??? To date.
Exclusive agreement is KEY and involves specific industries which we have to assume is not Ontario or Saskatchewan based on the lengthy article I discovered explaining the two agreements. Exclusive is guaranteed revenue as the exclusive distributor pays up front therefore guaranteed order and that industry distributes to only there industry. (Read between the lines)
Let's not forget we are still waiting on CE approval which opens Europe. To finalize: we have distributors advertising to sale Biocloud and potential sales for all of Ontario & Saskatchewan. We have pending Exclusive discussions with Industry specific which would require a minimum quantity order$$$$$$.
By the way, last week during the conference call, PG did state that the patent would be filed in two to four weeks which made him more comfortable where we stood towards releasing the product. He said it today again to be clear to those that didn't here correctly. He never said the next Biocloud update is 2-4 weeks. He kept repeating the minute orders or agreements we will be inform. My next post will be the definitions.
Stay strong, I am,
Kokomak