Poda will close HUGE DEAL with Big TobaccoThis is my opinion only:
Poda has decided to not build the China plant and will not be distributing through Eson.
The reason: They were approached by Big Tobacco to do a deal directly with them.
If Poda went at it alone, they would be selling 10 million pods per month through Eson, about 120 million pods per year. The 120 million pods pales in comparison to Phillipp Morris with 80 billion sticks.
Landeywck has offered to work with Poda, they are 25% owned by BAT. The blend trial period is to ensure that both parties can work together, each contributing their expertise.
Once that blend trial is done then a commerical contract is signed and, poda pods will be produced on a private level format for BAT.
We are talking about massive orders, like selling 1 billion pods in year 1, 10 billion pods in year 2 and, 30 billion pods in year 3.
You can understand why Poda changed course. If you want to succeed you have to go with BIG TOBACCO.
The change was triggered by Chistophe Tepr, who worked for Philipp Morris, BAT and, Juul. He managed HYPER GROWTH and must have advised Ryan to forget about the Eson deal and, to go with Landeywck and BAT.
Stay tuned for major news, when deal is done.
Now is the time to load up cheaply while deal is not closed, once it is, you will be chasing the stock.
Poda has enough funds to last 24 months, so no dilution for 2 years.
My personal opinion,