Else Nutrition Holdings Inc (BABYF)

[pual]

August 12, the high of the day was 2,59 (US $). Today we trade in the $1,55 range and that following regular presumably positive news and growing stock markets.

A crash of the pps by more than 40% within less than 3 months demonstrates that the company has lost the confidence of investors.

No one is interested in pump and dump activities but in our case we must admit that the company is doing a very bad job at communicating with the market, notwithstanding the multiple Pr's/NR's only alluding to creating a base for furure successes.

One thing is never covered is: 'What is the level of acceptance of our offerings within the consumers markets?'

All we know is that revenues in Q2 were $1,110,000 CDN ($890,000US) and we shall see what level of progress has been made in Q3, within few weeks.

I hope Q3 financials (Sept 30) will show teresting progress since Q2, hopefully ressussisating interest of the market in ELSE.