BLT - Blis Technologies

[emearg]

Yep. Pigs will be flying long before that ice cream makes any impression on the market.

I stand corrected

[Stu]

I agree and wish they hadn't taken the POC all the way to being a commercial operator!

Big picture wise Blis K12 and or M18 could be in ice cream marketed in a different way i.e. not gourmet. Mainstream or close to it is more sensible. Scale is what Blis needs. Always focussing on specialist areas isn't the way to achieve this.

I think BLT have got this close to right, they own and control the product, and if the market moves they own all of it. To licence to a Tip Top would mean they get FA percentange, mainly because the the types who buy processed frozen milk powder don't care about what they feed themselves or their kids so aren't paying a specific premium, so Tip Top would only shell out for a small fraction of the market. And let's face it, it's frozen milk (or milk substitute) and sugar, no need for the rocket science of Tip Top.
My only concerns are the usual BLT suspects: a lack of marketing and finesse. The icecream product needs better packaging and more info on the packaging, which I assume they are working on. And the lolly-pineapple-flavoured-health-food thing is just bs. Not sure what the problem with the website is, these days it's a question of hundreds, not thousands to rebuild a website.
On a positive note these things are cheap and easy to fix, not sure what the added costs are to switching to organic but if feasible it would corner a market. I've called into PakNSav kilbirnie (Wgtn) and it sells for a very reasonable $8 so it's currently competitive to the chemical based frozen desserts.
It's not hard to sell to a sector who have some discretionary spending and don't want to feed their kids crap.

[emearg]

Good support shown by the directors, CEO and insiders in the latest capital raising exercise.

$2.39 worth of Blis shares traded so far today. I really don't understand why that can occur?

[simla]

Came across this interview. "We spoke with Jeremy Moore, President of Novus Nutrition Brands and Stratum Nutrition". "[K12 and M18 have] been received really well." "certainly we’ll be investing more into the Blis probiotics world for dental health as well as immunity".

http://newhope360.com/supply-chain-m...e-supported-in

[pierre]

"
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Share(BLT),
Summary for: [Xu Qi Wu & Yao Hong Shen]
For this disclosure,--
(a) total number held in class: [45,000,000]
(b) total in class: [669,593,903]
(c) total percentage held in class: [6.72%] "

So, having taken over FPA, looks like the Chinese now have their eyes on BLT. Interesting.

[fungus pudding]

David B - to be fair, the current management have pretty much failed.

So - who's that being fair to?

[Stu]

7% for about $300,000? Or the price of a crappy rental property on the outskirts of Hamilton. What would the average NZ investor choose? Good luck Shen and Wu, and welcome aboard.

[GRIFFIN]

Just like the Chinese buying huge amounts of our NZ Deer Velvet every year for their health system which has got me thinking, who is the bio tech company in the lower South Island that is doing research and trials on a promising product from Deer Velvet which the Chinese would find very exciting.

[simla]

Steady on, chaps. That's a lot of speculation just because two people of Chinese name have appeared on the register via an SSH.

They presumably are either investors or people who have come across Blis in business. If business, then I'd be fascinated to know if they are the same people mentioned in this trademark list in 2009, which might be a helpful business connection for Blis if so, but I have no idea if it is them. http://www.iponz.govt.nz/cms/pdf-lib...art-1-8-mb-pdf

Anyway, welcome aboard as far as I'm concerned. The future will be whatever it wants to be. Nice to see someone recognising Blis's worth.

[pierre]

Steady on, chaps. That's a lot of speculation just because two people of Chinese name have appeared on the register via an SSH.

They presumably are either investors or people who have come across Blis in business. If business, then I'd be fascinated to know if they are the same people mentioned in this trademark list in 2009, which might be a helpful business connection for Blis if so, but I have no idea if it is them. http://www.iponz.govt.nz/cms/pdf-lib...art-1-8-mb-pdf

Anyway, welcome aboard as far as I'm concerned. The future will be whatever it wants to be. Nice to see someone recognising Blis's worth.

Simla - I quite enjoy a treasure hunt - but not one that's 215 pages long. How about giving us a clue - like which page no should we be looking at?