BLT - Blis Technologies

[winner69]

What is the best place to find the report when it comes out? Is it on the NZX website or better to go to the BLIS website?

NZX site mate

You'll need the patience of Job and plenty of time to read it ...... never seen a company to use so many words to say so little .... but occasionally a literary masterpiece that even Tolstoy would have been proud off

[Leftfield]

What is the best place to find the report when it comes out? Is it on the NZX website or better to go to the BLIS website?

I establish a watch list with Direct Brokers and set it so I get an email alert when any news is released by any co. Works a treat.

[Rego55]

Nice one. Cheers.

[Nigel]

Sinopharm week. And Update week. Must.. be... patient...

[clip]

Sellers at 0.18 slowly getting cleared.. gone from 1.05m to 746k over last little while. # of sellers at 0.18 has gone from 4 to 2 though, so i can't tell through ASB if they have actually sold or if they having moved their asks ups

[pierre]

Part of a story on Stuff Business today quoted below. That's the first time I've read of a forecast that the company would become profitable in the year to 31 March 2015 - to date it's always been "in the foreseeable future". Not sure if that's a journo's interpretation of the phrase or a quote from Barry Richardson.

Struggling biotech Blis Technologies says its ongoing hunt for extra capital has resulted in a total of $4.33 million being raised.

The listed company in mid-October announced it was seeking $3.5-$4.5m in support of the commercialisation of Blis products in New Zealand and international markets.

The Dunedin-based company, which has lost significant shareholders' funds over its history, has name investors including Dunedin investor and Blis Technologies director Tony Offen, and Forsyth Barr chairman Eion Edgar.

Together Offen and Edgar, through Edinburgh Equity Nominees, hold around 20.5 per cent of Blis shares.

Blis said $4.33m had been raised. This included funds for share placements already received of $2.33m.

A share purchase plan available to all shareholders generated $1.39m.

A further $600,000 had been pledged in subscription agreements with funds due to be received in late November, 2013.

Chief executive Barry Richardson said having the capital in place to support the company's strategy was important.

The funds would last through until the company forecast it would become profitable in the financial year to March 31, 2015.

[Nigel]

Here's the link to the Stuff article for anyone interested.
http://www.stuff.co.nz/business/indu...ill-March-2015

[clip]

0.018 almost dried up now, less than 100k to go here's hoping for a good update this week!

[Nigel]

Only $1560 left on offer at 1.8c. Slowly but steadily eating through the offers

[Danzx]

Only $1560 left on offer at 1.8c. Slowly but steadily eating through the offers

DONE...