Timeplast Q1 Investor Update
Dear Investors,
As we move forward in 2024, I am excited to share the latest developments and milestones achieved by Timeplast. Our commitment to innovation and sustainability continues to drive our progress, and your support is essential to our success.
Key Updates:
1. Timeplast launches two products:
We are thrilled to announce the addition of two innovative products to our existing lineup in our online store: Timeplast Plus and Time-Wrap. Both products are designed with sustainability in mind and are available in three tailored variations to meet diverse environmental needs:
Active: Quickly dissolves in water.
Extended: Slowly dissolves in water.
Passive: Designed to dissolve over many years.
Timeplast Plus represents a monumental advancement in material science. It is a new copolymer integrated with calcium carbonate, specifically engineered to replace plastics requiring higher stiffness and density. This achievement is particularly significant given the complexity involved in creating a material that is essentially 25% rock while still retaining the properties of thermoplastics.
These variations not only cater to diverse needs but also significantly advance our mission of providing innovative, sustainable solutions to contemporary environmental challenges.
2. Purchase and Construction of Extrusion Machinery:
We have made significant strides in the development of our new product, Time-straw, with the purchase and construction of essential extrusion machinery. This is a critical step in advancing our product offerings and enhancing our production capabilities.
3. Pre-Analysis Completed at TUV Austria:
We have successfully concluded marine biodegradation studies at TUV Austria. This pre-analysis is a crucial step in validating the environmental benefits of our products.
4. Desplastificators Merchandise Development:
Soon, you will be able to purchase Desplastificator t-shirts from Timeplast. This merchandise aims to raise awareness and support our initiatives towards reducing plastic waste.
5. Audit Successfully Completed:
We have finalized our audit process, ensuring transparency and accountability in our operations. This accomplishment strengthens our foundation for future growth.
6. Final Preparations for Our REG-A Launch:
We are in the last stages of preparation for our REG-A launch. This significant step will enable us to raise capital and expand our impact in the market.
7. Development of Timeplast RAW User Manual:
Development of the Timeplast Raw User Manual as an essential guide for effectively utilizing Timeplast Raw, a revolutionary material in plastic product manufacturing. This manual showcases the versatility of Timeplast Raw, demonstrating its capability to be used across all conventional plastic formation processes. From injection molding to extrusion, this comprehensive guide provides detailed instructions, ensuring smooth implementation and optimal results. The manual not only facilitates the technical application of Timeplast Raw but also emphasizes its environmental benefits, making it a critical resource for businesses aiming to innovate sustainably.
Your continued support and belief in Timeplast's vision are vital as we navigate these exciting times. We are committed to delivering sustainable solutions and driving positive change in the industry. Thank you for being a part of our journey. We look forward to sharing more successes with you in the coming months.
Best regards,
Manuel Rendon
CEO, Timeplast
