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SLA - SILK LASER AUSTRALIA LIMITED


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Might not sound very relevant but the situation NZX:BLT finds itself in is a mirror image of the SLA business case. That is, like SLA they have their own special brand of magic in a bottle with which they seek world domination with. They have overcome regulatory hurdles, design and construction of manufacturing facilities and processes, signed up deals with distribution agents and blah blah blah. Just like SLA they are right on the cusp of being income positive after having mined the shareholders for all they are worth.

 

Now they have put out a PR saying sales aren't what they expected, don't expect them to get any better and we may have to delist.

 

I think if anyone wants to know what the next PR from SLA will be, then just take a look at what NZX:BLT put out the other day. It is a sad and sorry tale...just like SLA.

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