Friday, August 18, 2017 1:10:06 AM
More specifically during the first half of 2017, we grew direct sales well over twice that of the first half of 2016. We also continue to increase our pipeline of collaboration candidates for our natural sweet taste program and importantly the number of term sheet proposals under discussion. We remain confident in our ability to begin adding collaborators to our syndicate during 2017.
During the second quarter following a thorough evaluation process, the company engaged an advisor to pursue strategic options related to certain flavor ingredient assets. Our Board of Directors routinely considers a broad range of strategic alternatives and opportunities with the goal of maximizing stockholder value.
Securing non-dilutive funding to support the development of siratose, future natural product discoveries and the growth of our direct sales is a priority for the Company. We believe the steps taken by the Board combined with new collaboration funding and direct sales revenue growth will be critical factors in supporting our funding needs.
In the first quarter we introduced our new natural high intensity sweetener under the common or usual name of siratose. This normal sweetener is a minor component of Luo Han Guo also known as monk fruit.
The discovery of siratose which exists in less than 1% of the monk fruit plant was facilitated by our proprietary taste science technologies allowing us to identify sweet tasting components of hundreds of plants and other natural sources that cannot be identified through traditional human taste testing methods alone.
Based on our comprehensive screening along with our physical property and sensory evaluations, we believe that siratose offers benefits of our currently available natural high intensity sweeteners.
Siratose has demonstrated greater potency and a better sweet taste quality profile than other natural high intensity sweeteners that we've evaluated. In addition siratose has shown improved stability and low pH products, such as carbonated beverages, and increased solubility making it easier to work with compared to all known steviol based sweeteners.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM