@FraserJC what part do you want me to elaborate on?
CNCA? is a 4 year licence. Issued to B&P late june/early july 2014.....expires July this year.
Needs to be renewed. Without CNCA, can not have CFDA.
Company hasnt informed the market as to the current status of CNCA.
ISDC? small two /three man operation in west side of Melbourne (altona or something like that). Two guys who used to contract manufacture cheap clothing for kmart/dimmeys etc. They do some trading with china.
They are required to come up with a $3m deposit to secure their deal with WHA for offline distribution across china.
They havent got the $ and the contract has not been finalised - WHA announced a draft agreement only.
Once again, the company is required to keep the market informed and they HAVENT confirmed a final deal with deposit paid. Quartely cashflow from the company will confirm this when it is released.
WHA Price at posting:
$1.17 Sentiment: Hold Disclosure: Held