Pond Technologies Holdings Inc PNDHF

Primary Symbol: V.POND

Consumer Defensive Farm Products

Pond Technologies Holdings Inc. is a technology company engaged in controlled environment cultivation of microalgae. The Company’s primary business is engaged in microalgal biomass cultivation using available sources of carbon dioxide (CO2), including CO2 rich emission sources from industrial plants and the licensing of its technology. It has developed a robust disruptive technology platform based on artificial intelligence, proprietary LED lights and patented CO2-Management. The Company operates through three segments: Nutraceutical Products, Technology Services and Corporate. The Nutraceutical Products segment includes production and sales to consumers and businesses and distribution of third-party products. Its Technology Services segment includes the license fees, production of microalgal biomass, consulting, engineering services and the construction of biomass production facilities. It sells its microalgae-derived antioxidant astaxanthin under its Regenurex brand.

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Pond Technologies Holdings Inc > WOW great update

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Comment by lscfaon Aug 19, 2022 10:41am

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Post# 34907290

RE:RE:RE:WOW great update

Higher loss is new....

For the three months ended June 30, 2022, Pond recorded a net operating loss from operations of $1,389, with basic and diluted loss per share of $0.02. This compares with a net operating loss of $936 for the three months ended June 30, 2021. The increase in net operating loss of $453 is principally a result of i) revenue increasing by $318 and a $63 improvement in margin which was offset by an increase in operating expenses of $163 and general and administrative expenses, primarily investor relation expense of $367.

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A junior copper-gold stock trading at a bargain of monumental proportions