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Biotech / Medical : GUMM - Eliminate the Common Cold
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To: Bo Didley who wrote (2718)10/22/2000 6:56:03 PM
From: Sir Auric Goldfinger  Read Replies (2) of 5582
 
GUMTECH INTERNATIONAL INC \UT\ filed this 10-Q on 08/14/2000

"NET SALES. Net gum sales declined to less than half of the prior year's
level as sales to all of the five principal gum customers declined. Although
sales to these customers will fluctuate from quarter to quarter, the Company
does not expect any significant continuing growth in sales to result from these
customers. Consequently, growth in sales from gum operations are dependent upon
the addition of new customers, including the previously announced relationship
with Swedish Match to develop and market non-tobacco nicotine products and a
potential relationship with a major consumer products company to develop and
market an oral care gum. However, there can be no assurance that the Company
8
will finalize these and or any other contractual arrangements, or that any of
these relationships will ultimately prove successful."
tenkwizard.com.
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