Like to get an update on the things we discussed the last time. Mr K mentioned he was interested in taking a equity interest in the Waiola Brand. Avery has sent you the deck and business plan. We are making the revisions again. As we took the first round of meetings with investors in China and HK they gave some advice on how to expand and it's much more strategic and localized I feel. So we will make some slight changes in the following month.
As I mentioned I really want to make a big push on our coconut chips and Mr K mentioned he liked my idea on going to a smaller size so we can use for f and b and kids snacks. This concept I really want the exclusivity for this concept. We should set some bench marks on sales goals and timeline and lets negotiate what's fair. I think I can make a big impact in china, japan and usa with this concept. I just need a chance to. Our last take away was that there could be adapter to the exsisting machine that would allow us to do this in a square pouch. The look is important. We can just cut the exsisting bag now in half and call that the smaller bag. Presentation is everything. Can you make this a priority to give me a update to where we are with a time frame on when this can happen? Like the know what the maximum qty Waiola can purchase per month? What would the price be if Ampol became a equity partner in Waiola? What is the maximum capacity that ampol is able to produce for the coconut chips at this point for that one machine? If we purchased another machine does that mean we can double our production qty?
Is Mr K interested in investing into our company? Or what ideas does he have to support us in return for a equity stake in the company? Can ampol give us a credit line on the products of natural coconut water and chips?