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Re: noreen post# 3916

Tuesday, 11/14/2017 2:29:59 PM

Tuesday, November 14, 2017 2:29:59 PM

Post# of 18220
Agreed. Would expect the announcement of a PO from AHAR very soon... From the 10-Q 11/14/17 -- "Under the 2013 distribution agreement with AHAR Pharma, after the Company received NAFDAC approval to sell LodonalTM in Nigeria, AHAR was required to place an initial order for capsules totaling between 1 million and 1.5 million capsules, at $1.00 per capsule. No order was placed. The parties have agreed to amend their agreement in this regard, and they expect to close negotiations by the end of November 2017. The Company expects to ship an initial order of 400,000 capsules, commencing before year-end 2017, over a 12-month period in equal quarterly instalments. AHAR has notified the Company that it has opened discussions with a small number of wholesalers for the purchase of LodonalTM."