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Since July the company has been selling the newly developed Jo Ju skin and eye care range on Cosme one of the largest cosmetic sites in Japan (ranked inside top 750 websites in all of Japan and top 8,500 websites globally) and it appears to be selling well and getting very good reviews especially the eye cream.A three product range a serum, lotion and eye cream.
Reviews are still coming in this year so I feel they may be turning over a good amount of stock.
https://cosmeet.cosme.net/product/se...%83%93%83P%83A
Last edited by Tsuba; 14-01-2021 at 05:31 PM.
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Originally Posted by Tsuba
This company is a pain in the fart maker, I feel they have the goods, but are the masters of false starts. Will invest more on results and less mistakes. I think the CEO should move down a rank and work under someone who can compliment her skills.
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Originally Posted by Carpenterjoe
This company is a pain in the fart maker, I feel they have the goods, but are the masters of false starts. Will invest more on results and less mistakes. I think the CEO should move down a rank and work under someone who can compliment her skills.
The current team is a big improvement with lots of marketing skills.
Didnt take Carolyn Heath long to notch up a massive ten year distribution contact in China.
Would not be surprised to see a positive quarter and with a bit of luck a positive HY as well
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Originally Posted by Minerbarejet
The current team is a big improvement with lots of marketing skills. Didnt take Carolyn Heath long to notch up a massive ten year distribution contact in China.Would not be surprised to see a positive quarter and with a bit of luck a positive HY as well
I always struggle with distribution agreement announcements, they always lack the detail I like. Margins and a full cost center breakdown. Don't worry, I understand why this information isn't given, it just annoys me that investors miss out on some of the important details.
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Any thoughts on the cap raise?
I have to admit it caught me by surprise given there was talk of being profitable very soon and already having 4.5 million in the bank.
I hope good decisions are being made how the money is spent to get this thing moving. I still believe in the company, I think they have a good product, and the share price right now I don't believe reflects the potential. Having said that, the management need to show results within the next year. I do like the fact that several directors/board have a decent amount of shares and said they are supporting the cap raise. Let's see, I'll support this one and have even asked for additional.
CDY reminds me a little of WDT or BLT...potentially a good product but selling it is far from easy!
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Originally Posted by Flugenbear
Any thoughts on the cap raise?
I have to admit it caught me by surprise given there was talk of being profitable very soon and already having 4.5 million in the bank.
I hope good decisions are being made how the money is spent to get this thing moving. I still believe in the company, I think they have a good product, and the share price right now I don't believe reflects the potential. Having said that, the management need to show results within the next year. I do like the fact that several directors/board have a decent amount of shares and said they are supporting the cap raise. Let's see, I'll support this one and have even asked for additional.
CDY reminds me a little of WDT or BLT...potentially a good product but selling it is far from easy!
Good decisions have been made all along it seems despite a lot of palaver to the contrary.
Nobody would have anticipated their MK research leading to a skin care range that is claimed to be twice as effective as hyaluronic acid based compounds which seems to be the current approach from most of the major cosmetic companies.
Having the patents for the MK formulas should be a considerable revenue generator if a Major picks up on it.
This will slot in nicely with the hair care treatments.
The cap raise is to facilitate the launch of these products in the Chinese market and elsewhere.
May well be a very good move on your part.
At 8 cents what could possibly go wrong?
I got some more as well, more as an antidilutional tactic and this information regarding MK involvement has come to light after the offer closed.
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Rights issue shortfall completely oversubscribed to where they issued more and it still wasnt enough.
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