BFC 0.00% 0.3¢ beston global food company limited

XAOAI Induce., page-84

  1. 226 Posts.
    Thank you for your email.

    BFC is implementing a number of strategies as set out in the prospectus for the IPO and as announced to the market. It is also pursuing a number of opportunities.  However, as you will appreciate not every development or step taken justifies announcement to the market. Having said that, BFC has endeavoured to inform the market of developments beyond what it is required to do as evidenced by the market update we released at the time of releasing our results for the 6 months to 31 Dec 2015.

    In regards to the OZIRIS updates, see Chairman's presentation to the Agribusiness Association of Australia which was disclosed to the ASX on 2 March 2016 for further details of developments with Oziris and other developments.

    http://www.bestonglobalfoods.com.au/Investors/?page=presentations

    Per Appendix 4D of our Half Year Result, consistent with our objective to provide access for other Australian food producers to access BFC technologies, production capabilities and marketing and distribution infrastructure, BFC has entered into international distribution arrangements with a number of non BFC companies. The criteria for inclusion in our product portfolio require that the products fit our healthy nutritious value for money theme and are capable of being verified as having honesty and integrity in their ingredients and formulation.

    In regards to Hondo sales revenues, the management team at BFC has been involved in a wide range of discussions over the last four months for these products. It is the intention to provide a more comprehensive update to Investors on these discussions, as soon as it is factually and practically possible to do so.

    As mentioned earlier, we anticipate releasing a market update in the coming months. We thank you for your support and patience.


    Kind Regards,
    BGFC Investor Relations Team
      

      
    Beston Global Food Company Limited | ASX: BFC | W: www.bestonglobalfoods.com.au
    A: Level 9, 420 King William Street, Adelaide, South Australia 5000 | P: +61 8 8212 6464 | F:  +61 8 8212 8992
    E: [email protected]


    this is a response i recieved to my email that was recieved today
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