Global Innovative Platforms Inc (GIPL)

[justasupporter]

to Hashu & to6908
As promised the information I got.
I was asking about the sales of Zimbali, the patent and a press release.

1. Zimbali has sales. The sales are not very significant but they think that there is a lot of potential. I did ask what "not very significant" means but didn't get a number. I was told that in the upcoming Q2 report I'll find out.

2. Patent discussions are very active and interesting.

3. Press release as soon as there is something material. Most probably patent related news.

I did mention that the share price is frustrating. The answer was that the drop from 0.01 to 0.002 is not because anything inside the company went wrong. They didn't stop any project or had to deal with setbacks.

OK, that is it. Don't know exactly what to say. I'm not very much surprised about Zimbali. The sales can't be huge because we got that business for 100 million shares only. Good is that it is revenue generating and the potential is there to increase the sales.
I'm surprised about the good comments regarding the patent. Maybe this is worth more than we thought ? Don't forget we are trading at such a low level (company valuation of just about $2 million) that any good news about a license agreement and royalties would make TCPS jump big time.
I'm looking forward to the Q2. We'll see a change in liquidity (due to the financing), maybe debt reduction, and of course the sales of the Zimbali products.

Overall the call was not negative but also not with a lot of information.