SeaDragon

[Balance]

Because if you don't own the cow, you can't control who gets the milk.
No cow,no milk.

ps.Ziwi require a lot of ingredients in big quantities.
Rolleston factory is with ANZCO Foods.

My healthcare ingredient contact (operates out of Argentina) says omega 3 supply is a dime a dozen. The industry is moving away from animal sourced to plant sourced anyway.

[percy]

My healthcare ingredient contact (operates out of Argentina) says omega 3 supply is a dime a dozen. The industry is moving away from animal sourced to plant sourced anyway.

May pay to let Mark Stewart know that...….lol.

.ps.PAZ are flat out with both animal and plant product.
Also producing Mussel and Krill oil.

[Baa_Baa]

My healthcare ingredient contact (operates out of Argentina) says omega 3 supply is a dime a dozen. The industry is moving away from animal sourced to plant sourced anyway.

It's a bit sad that you're so desperate for this company to fail. Despite everything said about SEA there is a chance it might succeed, so I suppose then, there will be a lot of words to swallow if it does.

[Balance]

It's a bit sad that you're so desperate for this company to fail. Despite everything said about SEA there is a chance it might succeed, so I suppose then, there will be a lot of words to swallow if it does.

Facts are facts, opinions are opinions. You can choose to accept or reject but SeaDragon is a long time dead but for the blood transfusion.

Did I just hear you guggle?

[dobby41]

Because if you don't own the cow, you can't control who gets the milk.
No cow,no milk.

You can control who gets the milk if you have a contract - a good long term one.
I know vertical ingegration is a thing but it isn't a necessity.

[Balance]

You can control who gets the milk if you have a contract - a good long term one.
I know vertical ingegration is a thing but it isn't a necessity.

Especially when there are plenty of suppliers of Omega 3 out there. One reason (quality being another) why SeaDragon is struggling to get traction with the overseas buyers.

[percy]

You can control who gets the milk if you have a contract - a good long term one.
I know vertical ingegration is a thing but it isn't a necessity.

It appears CVT and Mark Stewart see it differently.

[Balance]

It appears CVT and Mark Stewart see it differently.

Different agendas from other shareholders and one can see how their strategies are unfolding to try and salvage some value.

Both are stuck in there and looking for ways to salvage their investment.

Notice how their convertible notes are renegotiated at ever favorable convertible terms? Comvita's was convertible at 0.008c - now 0.0033c = so instead of 375m shares, now it's 909m shares!

Next rollover (given that the rights issue was a spectacular failure) will see the terms renegotiated to 0.0001c?

Then, Stewart & Comvita will simply take over the company for the useless value of their convertible notes.

Minorities will have nothing left.

[percy]

Different agendas from other shareholders and one can see how their strategies are unfolding to try and salvage some value.

Both are stuck in there and looking for ways to salvage their investment.

Notice how their convertible notes are renegotiated at ever favorable convertible terms? Comvita's was convertible at 0.008c - now 0.0033c = so instead of 375m shares, now it's 909m shares!

Next rollover (given that the rights issue was a spectacular failure) will see the terms renegotiated to 0.0001c?

Then, Stewart & Comvita will simply take over the company for the useless value of their convertible notes.

Minorities will have nothing left.

Now you are seeing the full picture.

[Balance]

Now you are seeing the full picture.

Saw this a while ago actually - minorities are the ones who still believe SeaDragon is a goer!

PS. Must say I thought Comvita was a game changer, likewise Mark Stewart (who I have dealt with before and have a lot of respect for) but alas, SeaDragon is a lost cause!