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2.3¢ zoono group limited

Note: In the HY report (13 Feb) they already mentioned Chinese...

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elzephyrus

3,459 Posts.

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23/03/18

18:56

Post #: 31989139
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Originally posted by elzephyrus ↑

As I understand it Zoono was bound by a confidentiality agreement re Stayzon & it was due to the fact that so much misinformation was being purported that Zoono made this release. The Stayzon sales were basically irrelevant to the overall picture.

China sales have not started yet. I called the company there was a delay due to labelling requirements and China basically closed for 1 month during Chinese New Year. The company needed to print 200,000 plus labels and would not commit until China customs signed off. The product was shipped 2 weeks ago and the launch is due 5 weeks after product arrives, expected shortly.

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Note: In the HY report (13 Feb) they already mentioned Chinese customs sign off of labelling & that they'd be shipping (future tense to the report) over 170k bottles in February. So slight delay there of just over a week (from end of February). Nothing to be concerned about regarding China, imo.. In fact, if you look into Shimamura (Japan - who are selling clothing with Zoono's antimicrobial tech), they also have a chain of stores in China. So there's the possibility of a second distribution channel there.

ZNO Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
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