SeaDragon

[Harvey Specter]

Excuse my ignorance Ari as I haven't been following this lately while overseas, but what meetings are you talking about ?

They are doing a roadshow for the SPP which is a bit weird, especially since they have already raised from instos. Cant complain about getting more info though.

[iceman]

They are doing a roadshow for the SPP which is a bit weird, especially since they have already raised from instos. Cant complain about getting more info though.

Thanks HS. Just looked up their announcements and saw it. Was keen to go but see they don't have a meeting here in Nelson, their hometown !

[brucey09]

Thanks HS. Just looked up their announcements and saw it. Was keen to go but see they don't have a meeting here in Nelson, their hometown !

Snr. Iceman
Can you go to factory and asking the managers.
Gracias

[iceman]

Snr. Iceman
Can you go to factory and asking the managers.
Gracias

No problemas amigo/amiga. Que pregunta ?

[whatsup]

I went to todays Auckland presentation, a very well run presentation fronted by Ross Keely and overseen by Tim Preston ex ASB. From the info provided I would say that SEA is on the right track but real traction will start once the new facilities are up and running, latest results will be provided March which will give direction and from what can be gleened they will be inline with expectations ( good ).
Once the new facilities are up and running and teething issues are sorted we should have a good future and prospective sales will be built on for a product that is widely accepted especially in Japan that has a appetite for daily supplements.
The end game was as explained for a take out from a big overseas pharma company in 6-8 years at 5-6 xs the todays sp and to that end this will not be a yield company. Instos have supported the recent cap raising very well and so far the SPP has gone well, IMHO all looks good for a successful uptake of the SPP.
All questions were answered very well and fully to the satisfaction of those there some 50 + interested parties including a press reporter so there should be something shortly in the press or radio.

[ari]

Thanks whatsup...can't ask for more than that. Curious to know who the new landlord will be, is it 'in house'?

[Harvey Specter]

Thanks - was anythign meantioned about gettins supply of the raw prodcut. There were some on this Forum that questioned whether they could get sufficient for the new plant.

[whatsup]

Thanks whatsup...can't ask for more than that. Curious to know who the new landlord will be, is it 'in house'?

No the current one that they are with they said that they had a very good relationship, he will fund the new building and they fit it out at some considerable costs.

[whatsup]

Thanks - was anythign meantioned about gettins supply of the raw prodcut. There were some on this Forum that questioned whether they could get sufficient for the new plant.

No probs with raw product and they have all permits in place with various authorities re purchases.
I think that if any S Hers have ANY issuse call Ross 03 547 0336, he gave the impression that he,s approachable, cheers.

[brucey09]

Snrs.
Good. Yes?

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