RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Let's be more balanced and positivePBaelishh wrote: O M G
I can't stop laughing at your post! Seriously, I'm laughing so hard it hurts.
Yeah, that is what Gagnon is known for - "doing his homework" and definitely NOT hitting timelines he broadcasts. As for 'disucssions with the market', CZO is trading well below break-up. Gagnon is tainted - has tainted himself. Even IF results for one of his throw at the wall ideas showed promise, he is not trusted.
Read between the lines dude, it ain't hard.
The money will be all burned well - llllllllllllong - before Gagnon brings anything to market. ASSUMING whatever is in the pipedream right now proves to be viable.
Gilles Gagnon has NEVER developed and brought a new product to market. NEVER.
At what, 75 he is going to finally do it... no wait, he'd be 80+ by then right?
3 sham forays into expanding the business;
1) plant expansion to increase capacity 10X to capture more market share? that took a few years from 2016 - 2020? as they were running 2 plants, but demand never materialized
2) buy Juventee to compete against the Clarins of the world, we know where that went, they don't even report out rev from Juventee, we just know that a GM gets well over 6 figures to be the GM there
3) build a plant to compete in the immune booster market, we know where that will go
In reality, 2 faiilures and a potential 3rd in the making.When you don't have a definite customer, failure will follow you.
A capable CEO would license CoQ10. That would open doors for a equity raise if needed, have the commercial partner fund development of a larger plant, etc.