BLT - Blis Technologies

[simla]

(perhaps).. to survive they need new shareholders and they will drive a hard bargain methinks .... current shareholders significantly diluted

Well, I've had a week to think about the company's statement now, and I'm not convinced by that view. It's certainly a possible outcome - as it is with any issue - but I can't see that as the most obvious reading.

The suggestion that the bigger holders don't want to put in cash is possible, but there's no evidence to support it, is there? The big holders DID put in cash last September, we assume, in the middle of a global panic.

An equally plausible explanation is that about 500 people bought into the prefs, but only 179 attended the issue just 2 years later, and then only for an average of $3800 (at a time when the media was telling us the whole world would collapse within weeks, let's not forget, which it didn't.) It's perfectly reasonable that the board consider other sources of cash as well therefore, and that may be all that the statement was saying.

Having said that, reality will obviously dictate what happens this time, regardless of intentions. I await further news with interest. Obviously we'll all be more comfortable when we know where the capital raising is going.

However, that's just my view. I know nothing more than anyone else.


In the meantime, I've emailed the company indicating how much I might be willing to put in next time, assuming suitable terms are offered. I assume that's useful information to them.

[simla]

Some of you guys might like to see the graph on page 2 of this product pdf, showing the persistence of K12 in the mouth in days. http://www.evolvingnutrition.com/Ven...ch%20Sheet.pdf

[simla]

The ice cream situation in Wellington has improved over the last few months. My earlier reports of times of being out of stock seem to have ended, and the product is available now in 11 of 18 NW supermarkets in Greater Wellington, with all the larger stores carrying it now. I would estimate that as about 80% by volume market availability here now.

To judge by what I'm seeing here in Wellington, I would expect BFF to show a profit this coming year - depending on profit margins, availability around the rest of the country, and whether K12 products create extra development costs. I'm guessing the BFF loss of last year was partly startup costs, and also restricted sales by simply not being available widely, but it will be interesting to hear more detail in the next report. It's certainly taken a while to get up a wide steady availability here in Wellington, and I've no idea how much of the rest of the country it is available in. Wellington is a bit over 10% of NZ's population. (Contrary to rumour, millions of New Zealanders do actually live outside of Auckland!)

In brief, the ice cream still appears to be selling steadily here, but is now available across most of Greater Wellington and with steady availability and reasonable stocking levels in most stores. Good.

[simla]

Hey, the company has the job of providing the facts and figures that investors need, not me. I'm not trying to talk anyone into anything, just reporting publicly available news as it comes to my notice, as usual. That's what I've seen in Wellington, so I report it. And I'd be happy for someone else to report on ice cream availability elsewhere...

[emearg]

Lots of Google alerts today for a new study about Blis K12 and oral thrush.

Here is one summary article:
http://www.esmingredients.com/main-f...-microbiology/

Interesting stuff. Around 35% of infants suffer from it. Another good reason to get Mums to take K12 before giving birth? It is common among adults under certain circumstances.

Good to see Stratum giving this a push...

[brucea]

Lots of Google alerts today for a new study about Blis K12 and oral thrush.

Here is one summary article:
http://www.esmingredients.com/main-f...-microbiology/

Interesting stuff. Around 35% of infants suffer from it. Another good reason to get Mums to take K12 before giving birth? It is common among adults under certain circumstances.

Good to see Stratum giving this a push...

Thanks Emearg -the article mentions "These findings suggest that S. salivarius K12 may inhibit the process of invasion of C. albicans into mucous surfaces or its adhesion to denture acrylic resins by mechanisms not associated with the antimicrobial activity of the bacteriocin and may be useful as a probiotic for oral care, especially with regard to candidiasis." I wonder if K12 would be of use for those who wear dental devices when used as an overnight soaking agent. My understanding is that dental devices made of plastic contain micro pores where bacteria etc can colonise and thus produce the effect called "denture breath".
These past months have been a disappointing time for us Blis shareholders but I am philosophic as I understood it was always a risky investment - that said I still believe it is a great product, albeit one that needs innovative marketing to realise its full potential.

[simla]

These past months have been a disappointing time for us Blis shareholders but I am philosophic as I understood it was always a risky investment - that said I still believe it is a great product, albeit one that needs innovative marketing to realise its full potential.

Yes, it's all about the marketing from here on in by the look of it. The company paid a big price to change global distributor/marketer, and we must assume they are hoping for some advantage on this front as the pay back?

What fascinates me, though, is how cheerful so many posters here are now. I confess that my own instinct is that things will work out from here, but it is hard to put together a water-tight argument to that effect. I suppose we'll have a better idea over the next month or two. Capital raising is the current issue to deal with.

Yes, the candida thing is yet another endorsement of the product. How to communicate all this advantage to consumers, that's the key.

[Nigel]

good news out today. the company definitely has a very good product - and by the looks of things, a good marketing partner. good luck to holders - if there's enough money to keep this thing afloat, your ship will come in eventually! (just a matter of when!) Accepting the massive risk involved, it seems like good buying at these levels! however, i'd only invest what i was prepared to lose - you could make 10x on this stock, or lose it all.

[brucea]

Good grief Nigel - don't tempt fate by referring to "Your ship will come in eventually", given we have just had the anniversary of the sinking of the Titanic!!

good news out today. the company definitely has a very good product - and by the looks of things, a good marketing partner. good luck to holders - if there's enough money to keep this thing afloat, your ship will come in eventually! (just a matter of when!) Accepting the massive risk involved, it seems like good buying at these levels! however, i'd only invest what i was prepared to lose - you could make 10x on this stock, or lose it all.

[Nigel]

Good grief Nigel - don't tempt fate by referring to "Your ship will come in eventually", given we have just had the anniversary of the sinking of the Titanic!!

Nice work Bruce