Apply for the job mate. It cannot be that hard to do the job. Just get that master grower guy who was imported from overseas, get him off the sheep paddock and get him to grow some weeds in green houses. Take photos and send it up to the website. Kick a few lazy ones who are sitting around doing nothing from the company. Come clean on when the cannabis resins will be imported and exactly when they will be put into trial production. Search around immediately to find partners from hospitals and universities to set up some timeline for trials the products. Get PCI Pharma to run a trial run and get a few thousands capsules to meet the dates for trials ... The kind of unimportant news that they send out these days just cause the stock price to bleed further.
Why is it that they are not doing these things that they promised to do? Why do they drag their feet for so long? I fear they faked the news about their "proprietary" technique for making the capsules. They don't have any way to get the job done to produce a stable storage form in room temperature. Otherwise they can just load the stuff in format like the capsule for fish oil and and it over and done with. They probably bluffed it just to get the capital raising through at the middle of 2017. They thought they could beat it by middle of 2018 but now they are still trying to sort this mess out. They are not even talking about getting TGA to approve a product. They are talking about making a trial product!!!
AC8 Price at posting:
42.0¢ Sentiment: None Disclosure: Not Held