re: Ann: Options Rights Issue Acceptances and...
Hi cuppa. There are two types of naal dilators. The external one- "Sleep Right" type by GSK, and the internal one- ours. Sleep Right, in all the pharmacies, has 31% increase airflow:
One can make a nasal strip, just like Breathe Right, with a Pringles lid and a band-aid, just like this fellow did, and that would be cheaper than buying the strips, which are not cheap:
Our product has accessories, and I guess anything the nose can do, or not do, can be explored. Having looked at the dilators on market, I can't see anything quite like ours. Can't see why it couldn't go onto the shelves if Breathe Assist can. BA is owned by Glasko Kline, and that company would have heaps of dough, but if we have a good product, we might get some backers? One thing I have noticed is that none of the dilators are cheap. The thing about that is that if we get the product to market, and can find a cheap manufacturer, this could be profitable.
I do love this one- the Stop Snoring Ball- haha!
http://www.youtube.com/watch?v=rfrNtlc7ur0
I actually emailed Michael to see if I could buy some shortfall options because my shares didn't allow me to buy too many. I don't know how those things work, but I suppose they go to SI's. Maybe I can buy some on market for .004- that would be good.
CGP Price at posting:
2.7¢ Sentiment: None Disclosure: Held