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Thursday, August 19, 2010 8:37:05 PM
the new thermo, Mebby stuff, etc., all of that isn't supposed to be ready until middle to late 3rd Q
Not expecting much in the way of revenue myself, but judging by some of the comments I've seen elsewhere not so sure some investors are expecting the same.
To your comment above;
With regard to Mebby: the agreement was entered into on 4 jan. 2010 and section 2.6 calls for specific 'Sales Targets' with minimum purchase volume for each yearly period, 700k USD first year, 1 million second yr and 1.5 million 3rd yr. Failure to do so may result in the lose of any exclusivity which was touted and promoted pretty heavy at the time of the pr.
http://www.sec.gov/Archives/edgar/data/1114605/000114420410036772/v189900_ex10-95.htm
Also ASFX did plainly state in the 31 march Q, filled in May, (barely 3 mos. ago) that the Bayer order would be delivered in 2nd quarter 2010 and
they expected to be shipping the thermo by August 1, 2010
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=32113
Oz, I am just going by what I read in the fillings put out by the company. perhaps you have some different material, if so pls share any links you have.
Soooo, i am curious to see what portion of the 700k Mebby purchase ASFX has made, if the 2k Bayer order will have been filled and if there are any comments on pending shipments of the thermo! GLTY Dog
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