Advance NanoTek Limited provided sales guidance for the first half of fiscal year 2021. Based on current distributor forecasts for second quarter, Fiscal year 2021 sales for the first half will be lower than fiscal year 2020. As a consequence of these updated sales forecasts, they can no longer say that the first half of fiscal year 2021 will be an improvement on the first half of fiscal year 2020 and are no longer able to predict fiscal year 2021 results because of the uncertainty of COVID-19. Nevertheless, the Board is working on a number of initiatives to diversify their product offerings, increase their distribution network and prepare the company for anticipated continuous significant increase in demand for zinc oxide over the next 3 years.