To be honest, I hadn’t even heard of them until recently when there was discussion about them on the Sharesies Share Club and the NZX stock Market Investors, Facebook groups. I then saw the discussion here. I had no clue what they were about so spent some time looking over their website, read all the info I could find there, and pretty much typed BLT into Google and read everything that came up. I also emailed them to ask if I there was somewhere I could access/read their published research. They sent me back a long bibliography list of everything that has been published. From there I had to manually search online to locate the full articles - bloody huge job I can tell you! So far I have only had time to find and read about three of them. I would have thought they might be much more easily accessed via the investor centre section of their website, but they told me they can’t provide them there for general (or even investor) access due to rules about promoting their products as “medicines” etc. Still not entirely sure I believe their explanation but have given them the benefit of the doubt.
Having done that research I feel they may be “onto something” with their products. I’m not necessarily someone who would be their customer, but I do know people are becoming much more interested in seeking out alternative products/probiotics, so I think there will definitely be a market for them, if they can be competitive price-wise. Funnily enough, I went to give one of our rest home residents a cuppa just the other day, and as I sat it on the tray of his walking frame for him, I noticed a sheet of tablets on the tray. I had a look to see what they were (we need to be aware if residents are taking any medications that we don’t know about) - and the first thing I saw was the word “BLIS” - such a coincidence but I thought it was really interesting as it shows that the general public is aware of the products. This fellow is 92, and his family obviously brought them for him. So the market is there and may well be wider than we might think, in terms of the age spread of users.
Anyway, I tried to talk myself out of it because speculative stock is not really a wise investment for someone like me, but hey .... you only live once and I think it’s worth a punt. Only 5000 shares so never going to make me a fortune, but if it makes me
something long term I’ll be happy enough
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