Thursday, April 26, 2012 11:41:46 AM
Hereby copy of my mail. Answers by Paul Knopick between brackets
As a BIEL's shareholder, I've been informed several times over the last year about an imminent distribution launch in Canada.
However, I am missing hard facts about the eventual progress of this endeavour.
Therefor, I would like you to provide me, if possible at all, with some hard factual information regarding this launch:
1/ -Is there firm commitment by Greenwood as to numbers and/or deadlines ? YES,YES/ NO, NO
(Don't understand the question. We would not discuss numbers and deadlines anyway.)
2/ -Are there commitments by Greenwood or distributors as to marketing efforts and budgets ? YES/NO
(Again, when we have something to announce, we will announce it for all shareholders. I don't believe in doing this in a piecemeal basis.)
3/ -Has a marketing plan been drawn up, either below the line (in store presence such as displays and the like, PR... ) or above the line (advertisements be it in periodicals, magazines, radio, TV...) (YES/NO)
(Internal marketing issues are not something we would discuss.)
4/ -Does BIEL have all necessary funding in place for realising this launch (YES/NO)
5/ -Does a business plan/forecast exist matching expenditures and revenues forecasts of the entire operation (YES/NO)
6/ -Are there to date any signed agreements with supermarkets/retail chains/drug stores in Canada (YES/NO)
(4-5 and 6: Again, when we have something to announce, we will announce it for all investors. Thank you for your continued interest.) Paul Knopick for BIEL
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