RE:Hard First of all they have 365 million in cash from their VC partners.
Their plastic is PHA vs ours being PLA. I'm not a chemist.
They have ongoing activities developing chip bags and water bottles with PepsiCo.
Their bioplastic is certified marine biodegradable.
They have a very ambitious five year plan that started in 2020. A huge chunk of that plan is building a massive facility.
The cash alone speaks volumes about why there is such a difference in market cap.
You can read their investor presentation here:
https://d1io3yog0oux5.cloudfront.net/_11fd786d725a1446f648b80e8d8c4314/danimerscientific/db/1089/9658/pdf/Project+Green+PIPE+Presentation__Final.pdf
doggy123 wrote: Hard to figure this one...................DNMR same company brand as GDNP...........revenue for 2019....$32 million .....................shares trade around $76.00 a share................GDNP this year will probably double or triple DNMR revenue for that year.........and shares trade at $1.15 US.................so it trade around 75 times GDNP..................don't make sense so far or GDNP shares is going to skyrock monsterous.................if i'm wrong with my calculation someone correct me please.......well appreciate...........