You see what I have to put up with?
It’s not just the hundreds of abusive emails a week, the occasional threatened lawsuits – but its the idiots on HotCopper. EVERY SINGLE WEEK. Relentlessly.
I recently posted about Anatara (ASX : ANR). I thought my analysis was fair. I didn’t lambaste the company. I didn’t say it was a completely stupid company. I duly acknowledged the importance of animal husbandry / productivity solutions that don’t involve antibiotics. Honestly, as far as reviews of completely and utterly underwhelming ASX-listed “biotech” quackery goes, it was pretty gentle. In fact, some people even abused me for being too kind.
I just can’t win.
But, no, I have to endure the abuse on HotCopper – from enlightened individuals that go by the pseudonym of “Capnludd” and “Andronicusbass” who obviously not only didn’t pass high school biology, but didn’t learn to spell either. Honestly, I hope it really is Julian Veronesi who is badmouthing me, because at least I would still have a modicum of respect for myself, but only just. I am going to temporarily go off the reservation here and I apologise for this, but please read very closely you clueless bunch of morons.
Here is the truth about YOUR company:
1) Australia is not a great pineapple-producing nation. You might think it is because somewhere in FNQ* there is a great big frickin’ pineapple, but actually Australia isn’t even a top-10 pineapple producing country. It’s also not a top-10 pork producing country.
2) Plenty of countries in the world process vast amounts of pineapple stem and do a perfectly good job of making bromelain. Almost every nutritional supplement store sells it (mostly originating from China or Brazil), and there are hundreds of companies all around the world offering this product in one guise or another.
3) Bromelain may well have medicinal and nutritional properties, but it is incredibly easy to extract, prepare and provide in a stable formulation. This is because it is a fruit protease (or enzyme) – actually, a collection of proteases – and they are intrinsically stable. That’s their frickin’ molecular job, to tear apart all the other proteins and break them down. If they were intrinsically unstable, they couldn’t do this. It’s just basic science.
4) Potency and enzymatic activity of bromelain is not rocket science, it is mostly a function of enzyme concentration. Like pretty much every other fruit enzyme that mankind has ever worked with.
So yes ,”Capnludd”, “Andronicusbass” and all the other losers that have invested in this company, you are STUPID. You have invested in a company that processes pineapple stem and feeds it to pigs. Not only that, but you invested in a company that in 1991 may have possessed some intellectual property around processing pineapple stems and feeding it to pigs, but doesn’t anymore.
Because patents expire. Truly.
So – no, this isn’t General Motors. Ah – no, this isn’t Sony, and no – it isn’t an Australian banking oligopoly. Jeez, I mean what online business school did this idiot go to and where has he been the last two decades? (He obviously doesn’t work for the ACCC, which I suppose is a relief of sorts). This is a company that, in a very small and completely unimportant way, grinds up pineapple waste and feeds it to pigs that have the shits, and is thinking about doing the same for people.
I will happily invest in the pigs. I would probably also potentially invest in something useful derived from the shit from the pigs, and I would certainly invest in anything that is a game-changer in the antibiotic management of animals. But I would never invest in this company because it is fundamentally stupid, and so are the assholes that have invested in it.
I feel better. Thanks for reading.
*FNQ = Far North Queensland for all the foreigners who read this crap. Actually the “Big Pineapple” is in Southern Queensland, but I think FNQ has much more drama and so I choose to exercise my editorial privilege.