Just trying to glean the new information from this announcement.
"We anticipate receiving CFDA approval on our new manufacturing facilities soon after, being fully operational in May. "
The timeframe for production from the factory is now May(was April)and seems contingent upon CFDA approval.
"The addition of an online store to our global website, with an anticipated launch in the next month, will enable consumers from around the world to place orders."
The commencement of online sales is now targeted for "in the next month" (was March as announced last week). And all importantly CFDA approval for Prizma remains on track for the April quarter.
I welcome more frequent communications from the company but most importantly they need to hit their stated timeframes so they can begin to regain the trust of the market. This announcement is a bit fluffy IMO with a few delays being brushed over but happy that they are keeping us informed.
Ann: President and Chief Executive Officer's Update, page-12
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