Executive Series 26 Jun 18: Wattle Health Australia (WHA) CEO, Lazarus Karasavvidis, page-19

There are 15 certified facilities in Australia, each dominated 3 CFDA applications, total 15 x 3 = 45 CFDA applications in Australia. How many more CFDA applications from Europe, America, etc, few hundreds.

The CFDA process a tool Chinese government to select a premium or unique product IF for their children not approve for no one buy milk like WHA normal cow milk. No value count here for WHA CFDA application

In fact, IF has already saturated with huge competitions as I have sold my holding MGC for a lost @$2 a year ago due to the farm gate milk too low by massive milk power produced from Europe

In Australia, there were already 15 as known certified facilities with several more, what the point of building the facility. WHA borrows $20 millions with a killing rate 8.75% where the fund to pay the bank while quarterly sales revenue only $300k to $800k

I am not a down ramper, please be realistic rather than believe