sharetrader
Page 2 of 420 FirstFirst 1234561252102 ... LastLast
Results 16 to 30 of 6287

Thread: BLT (Blis)

  1. #16
    Senior Member
    Join Date
    Jul 2007
    Location
    , , .
    Posts
    828

    Default

    Quote Originally Posted by snake-eye View Post
    BLIS Technologies Ltd (NZX: BLT), developer and manufacturer of BLIS K12, an advanced oral probiotic for the prevention of upper airways infection and the treatment of chronic bad breath, has recently announced that it been granted US patent for its latest strain of advanced oral probiotic called "MIA".

    "MIA is very closely related to our existing K12 range of probiotic products, which is found in the New Zealand retail sector and was the active ingredient behind a novel Australian halitosis product that recently appeared on the TV3 programme, Campbell Live " according to BLIS, Chief Scientific Officer, Dr Chris Chilcott. "What makes MIA unique; however, is that this new strain has been shown to be very effective in protecting teeth from dental plaque, which is known to be a major contributor to tooth decay . We believe the new MIA probiotic can be used to suppress levels of Streptococcus mutans, the principal cause of dental plaques. Streptococcus mutans converts dietary refined sugar to lactic acid. The lactic acid, in turn, erodes the mineral in enamel and dentin, which weakens the tooth resulting in tooth decay.

    Dr Chilcott indicated that dental caries or tooth decay, is a worldwide epidemic that affects the majority of populations in both industrialized and developing countries. According to the World Health Organization, tooth decay is the most prevalent infectious disease, affecting approximately 5 billion people.

    "This represents a major milestone in our research and development programme, and sends a clear signal that BLIS is not a single product company" Dr Barry Richardson, BLIS CEO, said today, "we have been planning a solid platform of technology that addresses a broad array of potential application areas."

    BLIS has indicated that they have already started early discussions with some major international companies around the commercial opportunities for their new probiotic, MIA; but would not be drawn on specific details at this early stage. BLIS Technologies Ltd did however recently announce that it had entered into "letter of intent" to evaluate and potentially develop global product and market opportunities based on BLIS's advanced probiotics technology, with Dutch food ingredient giant, DSM Nutritionals (formally Roche Vitamins). It is expected that this would also include opportunities for the new MIA strain.
    This announcement was made today (15 Aug, 2007 @ 10:33) to the NZX and yet you posted it yesterday? I read your post yesterday and searched the net a little and couldn't find it.

    I am curious to know how you managed to post the same announcement a day early??

  2. #17
    Member
    Join Date
    Jun 2007
    Location
    , , .
    Posts
    99

    Default

    I found the news on google news yesterday.
    Snake eyes posted it after the news was released.
    But was pretty quick though.

    Its great to see the improved communication from Blis!

  3. #18
    Junior Member
    Join Date
    Jul 2007
    Location
    Manawatu, New Zealand.
    Posts
    3

    Default

    Pure fluke on my part I assure you. Normally I read reports well after the share price horse has bolted. I've been looking at BLT for some time.

    Regards,
    Snake-eye

  4. #19
    Member
    Join Date
    Aug 2002
    Location
    pukekohe, , New Zealand.
    Posts
    103

    Default

    after reading that report, this news could be the biggest thing that any NZ company has ever achived........ if they manage to achive it!!!
    as it mentions, the tooth decay patent could help people all over the world for many many years to come.
    the only thing i worry about is, if this takes off, some company could snap up blis for a song and leave us shareholders with a meger cash out.
    and talking of shareholders, most of the long term supporters of this company have had several years of watching their investments evaporate, will they hold on longer? will they dish out more cash in the issue of new shares? or will, at the cusp of a potentially massive turn around abandon the company to overseas interests, as seems to be the NZ way.
    will we be forever renouned as the land of the pineapple lump?

  5. #20
    Junior Member
    Join Date
    Jul 2007
    Location
    Manawatu, New Zealand.
    Posts
    3

    Default

    Please don't depresss me! As a long time holder and ever-the-optimist endlessly googling up K12 for snippets of news and sales reports I am heartened by developments. But, I do share your concerns.
    Snake-eye

  6. #21
    Member
    Join Date
    Jun 2007
    Location
    , , .
    Posts
    99

    Default

    Hey Snake eye me too.
    I frequently google the news and look at the shareprice, when
    I should be working.

    I just found this in the Press:

    US PATENT FOR BLIS PLAQUE

    Blis Technologies continues to make headway with its bad breath and anti-tooth decay products _ signing a United States patent on the plaque protection probiotic.


    Chief executive Barry Richardson said Blis was already well known as the manufacturer of Blis K12, an oral probiotic for the treatment of chronic bad breath and infections.

    But the South Island-based firm wanted to affirm it was developing a wider range of products including an advanced oral probiotic called MIA, effective in protecting teeth from dental plaque.

    Blis had just been granted a US patent for MIA, and commercialisation of the product was about two years away.

    "This represents a major milestone in our research and development programme ... Blis is not a single product company," Richardson said.

    "Now we've had that patent issued, we're in position to be able to talk to international and US players about licensing opportunities and product development opportunities with that particular strain."

    Blis chief scientific officer Chris Chilcott said MIA enabled important protection against plaque. "We believe the new MIA probiotic can be used to suppress levels of Streptococcus mutans, the principal cause of dental plaques."

    The company had yet to emphasise its work on its skincare and body odour reduction products. "As we get (various) patents granted it broadens our base in terms of commercialisation."

    Meanwhile, Blis' existing K12 range of probiotic products had gained important media coverage in both Australia on a current affairs programme and on TV3's Campbell Live show.

    Blis shares rose 0.6c to close at 9.9c yesterday.

  7. #22
    Member
    Join Date
    Jun 2007
    Location
    , , .
    Posts
    99

    Default

    Wonder when the notice about rights issue will come out,
    In the powerpoint they said EGM at end of month.
    Anyone got any News?

  8. #23
    Guru
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    2,682

    Default

    They will be claiming they have found a cure for baldness next.

  9. #24
    Member
    Join Date
    Aug 2002
    Location
    pukekohe, , New Zealand.
    Posts
    103

    Unhappy

    funny you should say that, but a big cause of baldness is bacteria in the hair folicals, so maybe they will fix that as well.
    not that NZ share holders care...........
    this company has soo much potential, but i think i will have lost my teeth, lost my hair, and my sence of smell before the SP rises to any great high.

  10. #25
    Member
    Join Date
    Sep 2004
    Location
    , , New Zealand.
    Posts
    175

    Default

    I have been wondering the very same thing T1. Blis will be dependent on securing an underwriting agreement for their rights issue, and the recent market turmoil may well have put their ability to do that at risk.

  11. #26
    Member
    Join Date
    Jun 2007
    Location
    , , .
    Posts
    99

    Default

    Hi Bobby what do you think of Blis at the moment and the recent announcements?
    I really apreciate your Balanced point of view.
    I have been following your posts for a few years you are
    a true Blis guru.
    What guess would you pick at the share price in 3 years?
    Thanks

  12. #27
    SRV is a God STRAT's Avatar
    Join Date
    Jun 2006
    Location
    Auckland, , New Zealand.
    Posts
    4,742

    Default

    Quote Originally Posted by neopole View Post
    funny you should say that, but a big cause of baldness is bacteria in the hair folicals,
    LOL. Proof that old people dont wash eh? or is it that old men stop washing their heads only to focus more on their backs

  13. #28
    Member
    Join Date
    Sep 2004
    Location
    , , New Zealand.
    Posts
    175

    Default

    Thanks for the kind words T1. I like this BB which I think mostly has good quality, thoughtful posters. I try to contribute what I can, so that hopefully I "repay" the board for the useful info it brings me elsewhere.

    I'm sticking with BLT for the moment, awaiting the rights issue documentation. I think they have more chance of success under the new business plan than ever they had under the old CEO, who seemed only able to think small (and that was all he achieved). However, everything hinges on the rights issue. If it fails that's a vote of no confidence in the new plan, the new CEO will leave and the directors will need to effectively put the company on the block in the hope of realising something for shareholders from the IP - that's if they have enough working capital to keep it running in the meantime. They have been spectacularly unsuccessful in attracting a cornerstone shareholder so far, so I imagine it would be curtains if the rights issue fails.

    I would find it difficult to support the rights issue myself, based on the currently available information, as the path to profitability is not sufficiently tangible at present. Blis have had products in the market place for 5-6 years now and haven't made a penny from them. How is that going to change anytime soon? We have been told countless times that breakeven is expected in the next financial year. To get any more money from shareholders, they will now need to demonstrate that their financial projections are credible. It would also help confidence considerably if the (now) largest shareholder (Otago Uni) stated that they were prepared to support the rights issue (they didn't, notably, support the last one) - BLT certainly won't be getting any more cash from the old Southern Capital boys - it is Otago Uni. science, after all.

    No clue at all about the SP in 3 years. I once made a projection here on the back of the deal with Dr Halitosis in the US. This proved to be spectaculary wrong. Once bittten twice shy.

  14. #29
    Member
    Join Date
    Jun 2000
    Location
    Christchurch, , New Zealand.
    Posts
    313

    Default

    Be very careful since Howard choked on his chip a lot of these stocks have no direction....

  15. #30
    Member
    Join Date
    Sep 2004
    Location
    , , New Zealand.
    Posts
    175

    Default

    Hmmmm. A biggish buy (250K) and up 1 cent, with a rights issue around the corner. Someone know something (not me I hasten to add)?

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •