Any guesses as to why on March 1st HEPI puts out a PR that says they will be in the new facility by April 1st???? Could it be that John did not have a clue as to how much it was going to cost or what he was going to do about his current lease. Or, was it just another attempt to prop up a falling stock.
Where in any PR does it say production capacity has been increased? Here's the only reference I can find "We anticipate delivering additional orders beginning towards the end of the second quarter of 2011, with monthly increases in the minimums each month as production will allow and subject to satisfaction of the FDA's GRAs standard. See Note 12 to the financial statements." Increased production shipments from the current location is not an indication of an increase in production capacity. The current facility has X amount of capacity, if utilized 100%, as I read it, it is still 1/20 of what Xooma wants.
Thought this was only going to take a couple of months at the most: SCOTTSDALE, Ariz., Sept. 8, 2010 (GLOBE NEWSWIRE(HEPI has already engaged GRAS Associates of Oregon to assist it in determining whether the Product will meet the requirements associated with the FDA's GRAS standard). It's now been 10 months and no word.
What does it say to the distributors when a great new product is not added to the main site under the product tab and has to have a site of it's own???
Here's the link to Xooma. I downloaded the product catalog, no mention of KX anywhere: http://www.xoomaworldwide.com/OptimizeYourHealth/ The get started link did not even work nor did the link you mentioned.
I certainly hope HEPI is successful in spite of it's terrible investor communication and inept staff. Wonder if the shakeup at Xooma has anything to do with trying to deal with HEPI....
HEPI now looking for more money (dilution coming?) so apparently the 255K and the monies from the Xooma orders are not enough to complete the move, research, salaries, production costs etc.
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