BXN 0.00% 1.7¢ bioxyne limited

Ann: Quarterly Activities and Quarterly Cash Flow Report Dec 17, page-2

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  1. 1,410 Posts.
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    Great report. BXN is in a strong growth position over $4m cash on hand, anticipated cash out flows of $700k for the next quarter Jan- Mar 2018. This attracted my attention from the quarterly report released today.

    The Company received its Direct Selling Licence in Malaysia in October 2017 enabling it to roll out its marketing campaigns and launching of its products, and established an office and showroom in Kuala Lumpur which will be the base for its Asian operations. With the Direct Selling License, infrastructure and products in place the Company expects sales momentum to commence from early 2018.

    We should start receiving some great sales updates shortly!
 
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