RE:RE:RE:Columbia Rose TAP ContractFrom releases over the years the fact more recently it's been outlined that (something to the affect of...) we now have been able to optimize settings and parameters for the foliar spray application to actually see these large increases really did not sit well with me and their transparency.
2 sides to coin... one not good, they're still sorting out optimizing the tech and truly fullfilling its ability and that they just tried to get cute and cover that up - like the delayed income. Otherhand, the long runway here makes more sense, where these optimization steps (actually now being in place for larger/more types of plants) can actually be put in place "should" allow for this to pickup steam for large adoption.
I can envision a world where their bottle neck is purely the ability to produce and install into all their various customer facilities... they can drive up price for preferred service/install.. and with the market being ~800 mil sq ft (?) represent a long runway to maintain new business.. reach a $Billion (?) valuation and pump out a decent dividend.
now back to reality of a $0.04 share price, with no meaningful revenue coming in a long time and management, although maybe technically competent, seems to significantly lack in business acumen