RE:RE:RE:RE:RE:RE:Next Financials - Game on!Lisa Chan, sales manager at 21st Century Nutritional Products, the Hong Kong distributor, says: "It is selling extremely well and, according to reports we have from users, there have been no side-effects. Old people are taking it to help them sleep and others are using it to combat jet lag."
Because melatonin is not a scheduled drug, the manufacturer is not required to meet any standards of quality, dosage or content. Usually, strength will range from 0.1 mg to 5 mg.
The product is freely available, subject to labelling and advertising controls, in Singapore, Hong Kong and the Philippines. But it is illegal in Japan, Thailand and Malaysia. Despite the ban in Thailand, melatonin is openly on sale there -- often to middle-aged and elderly men who believe it will improve their sex lives
So this is quite a market growth which could possibly expand further.
I left a message with HV1 and Colin (on Linked In) to get an update of the investor' relation responsibility going to the CFO. When we think of it it would make sense for such a small start-up no to have a dedicated IR position if it's not that busy.