Functional Technologies Corp FEBTF

Sales Targets

[skyhi0]

Tried to copy graph (below). Check Link for sales targets. https://www.firstventuretech.com/s/ProjectMilestones.asp CURRENT STATUS ON THE DEVELOPMENT OF FIRST VENTURE YEAST PRODUCTS: Product Development Process Red Wine Yeast Brandy Yeast White Wine Yeast Sake Yeast 1 Integration of proprietary gene into the yeast genome TBA 2 Genetic Stability Testing TBA 3 Gene Sequencing Completed - to ensure gene is in the right location TBA 4 Fermentation testing to ensure new yeast: A. Affectively degrades urea Expected TBA B. Reduces ethyl carbamate levels TBA C. Yeasts are substantially equivalent to unmodified strains i.e. sensory analysis and winery trial runs TBA TBA 5 GRAS Notification to the US FDA and regulatory notification to Health Canada and Environment Canada Second Half 2005 Second Half 2005 Second Half 2005 Second Half 2005 6 Commercial Sales Target First Half 2006 First Half 2006 Second Half 2006 Second Half 2006 Note: TBA = To Be Announced (awaiting results)