RE:RE:RE:RE:RE:RE:Who wants to take a stab at this...DealDone wrote: Note that I just asked for explanations. You don't have to convince me, I'm not a cheerleader.
1. Do you know that sales are low? We saw royalties for Oct-Dec, 2021, but that was before full certification. Next reporting period will be Jan-March 2022. We had better see a significant increase in royalties for that period (post certification).
2. This company has stumbled through the last couple years. Merit was lone success. Even the succession of the CEO has been handled terribly. When a CEO of a public company wants to leave, you find a successor first. Then you announce the departure and the appointment at the same time. Having a public company basically rudderless is unacceptable. And yes, Tergeson always talked about negotiations that were ongoing, with no positive announcements. Scares me as a SHer that no one wants to get into bed with these guys.
3. Again, we'll see royalties for the important Jan-March quarter in May. If you have actual info on product not selling, I'd love to hear it.
4. Good point and not reassuring. Even Kappel, Chair and acting CEO has only made minimal share purchases.
5. See #2.
6. I don't really understand your point here.
As I see it, the positive path forward for this company would be to hire a new CEO in the very near future (like yesterday). Hopefully that hire has a high profile in the food industry. Revenue from royalty should be significantly higher in the next announced quarter. And then signifcantly higher again in the following quarter. Those 2 things would start a positive short-term turnaround.
If announced revenue in the next 2 quarters is not significantly higher quarter over quarter, that would mean that no one is buying the products developed by Burcon and made by Merit. Then we're all screwed.
1. 001 was asked to give a proof for his points or a link or a source
what did he do? he JUST REPEATED the points - so again as always and stated by many here: escaping a serious discussion - not worth to argue with - he is a bashing pro
2. your points are good but i do not believe that so much depends on the ceo - even Tergesen brought us Nestle and the JV with Merit - as far as i know it always takes a lot of time in the food industry if a producer changes receipes of existing products and it is a long path to bring a new blockbuster to the market in the stores. smaller deals and products are more eays but do not have the volume
3. remember what was said by Burcon: if one "BIG PRODUCT" will use our proteins, even a maximum expanded plant of Merit will have the status of a demonstration plant
+ so calculate for yourselves how much we will earn in such case
+ and be sure that big ones like BUNGE DANONE .... calculate the same and think of an overtake