Weekend nr updateAs for the 100k dollar question, I am allright with the explanation because the way I understand it, it isn't an inside job. Maybe an inside mistake by somebody in accounting authorizing a request for payment for a service we didn't receive or was in dispute. No indication that it went into an employee pocket.
Neutrisci has survived for 10 or 11 years now and taken several runs at several products. Most have gone by the wayside but investors still think our science and IP could still be profitable.
36 million dollars raised and spent over the last decade but at least the NeuEnergy product has been resurected and making its way to shelves and the Tabletz news and product seems to have a segway into the Japanese market, just under the wire as in grandfathered in as Japan put the squeeze on cannabinoid products.
Interestingly the finger has been pointed at supply problems with China causing delays. Packaging maybe??? Not sure if we've sourced anything else out of China.
I like the fact that the cannabinoid infused beverage is still in the works for Tabletz and hopefully we can deliver on the same segway as the Tabletz lozenges.
Can't ignore mushrooms because everybody in the cannabinoid biz is working on mushrooms and they seem to have cracked the code of acceptance by the watchdogs quicker than pot and hemp.
I believe that the US is moving closer to their greenrush all the time and most pot and hemp companies are beaten down and in trouble. I believe it is a big boys game to win but I also believe that there are still multi-baggers that could happen with value added pot/hemp and now, mushroom companies and I especially favour the beverage skus for which I see cannibalizing a good chunk of Beverage Alcohol and most of those already in the alcohol business are taking notice and coming up with the same conclusion as Constellation Brands has which is to be a part of it instead of sitting on the sidelines.
The best flavour/ effect marketed beverages will take the lion's share of the market segment and it could be anybody's game to win. Award winning recipes will squeeze out the failures and not-so good products and we also have a connection with Chryopharm who have award winning powder packs. If we can hook them up with Japan for a piece of that action, it could contribute to our bottomline.
glta and dyodd