CGP 6.78% 6.3¢ consegna group limited

malmanu, if I may reply to some of your points:"No actual...

  1. asf
    9,888 Posts.
    malmanu, if I may reply to some of your points:

    "No actual product in the market until later this year they state, still doing evaluations"

    Yes, it takes time to get a product to market. They had a version of the product, tested it for efficiency, comfort, etc. and now have proper feedback from athletes to make a better product. So far so good. If you look at this link, it looks like we are at Stage 4:

    http://consegna.com/portfolio/
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    "has anyone even seen what it looks like because its no where to be seen..."


    Shareholders can ask the company if they will send a trial pack. They did this last year, and some holders got one (maybe two, given we have two nostrils). The athletes just used the initial version. Do some searhing on the nt- there's heaps of info on it.
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    "No money for marketing as only enough left to pay wages..."

    Look up Jane Ballantyne- our new marketing Manager. I assume she has a plan. marketing is done in more ways than just expensive advertising on TV. Facebook, Twitter, etc, is free. Given Jane's work history, I assume she hs contacts with sportspeople and companies all over the place.
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    "... way too many options, 190m not too far away from the stock price at 5c and 6c and dont expire till 2017."

    But this is a good thing, yes? All options mean is that the company might get some more money into the kitty. There is no point in companies having money so far out of the money, that they just expire worthless- no good for anyone- holders or companies. 95.4m options @ 6c = $5,724,000 that the company could theoretically get. 95.4m new shares would not be a drama, as consolidation has lessened shares. All options won't be exercised, but some might be- if our shares get to 6c or more.
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    "This is a product thats going to require something like $5-10m to market and produce and several years to get any market traction. There are already many products that do nose dilation and all or most claim to improve breathing and reduce snoring."
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    I've had a look around at what is available in the market, and CGP's product seems a bit different- a few accessories extra, to do different things. Check out what is out there- and read past posts on CGP- our main competitor's product can be made with a Pringles can lid.
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    "I feel its one of those biotechs that come with pump and dump qualities. Hope its not the case but thats how i see it at this stage."

    Could be the case, malmanu. No-one is saying this is BHP. Just thinking about share price, though, no-one who has been in CGP over the past few weeks since we have been discussing it and it has had some share price rise, has lost much money- because the share price has risen. Risen from very low levels. Someone could smash it down, for sure, but that is the case for any share. I bought this share @ .008 pre-consolidation (4c post-consolidation), and now it is @ .009 pre-consolidation or 4.4c consolidation. That isn't much of a rise- only restoration of price. We got walloped, and we may now be moving to more normal levels. Also, as I said above, this company has had volatility- we must be well overdue for share price upside, given the share price history. With the right team behind the company now, we might get some kind of sustained price rise.
 
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