TSXV:HULK.H - Post by User
Post by
GermanManon Dec 20, 2021 9:57am
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Post# 34246504
Zimtu Zoom, question period
Zimtu Zoom, question period- Where do you see the market for plant based protein going, especially with COVID impacts?
The market overall is starting to stabilize from the initial hype around the plant based market. We should be looking for companies that are vertically integrating, show signs of profitability. That being said, we want to highlight that Pontus is a sustainability company at its core, we are far beyond just a protein company - we have the technology as well.
- What can investors expect in the next 6 months?
Pontus is nearing revenue, and we are constantly in contact with potential partnerships. For example, we are working on contracts with companies that need the aquaponics technology for their high protein product. Our facility is in close proximity to sustainable packing firms and we have ties within that industry so we are keen to leverage those in the near future as well.
- Does Zimtu have a position in Pontus?
Zimtu is looking to put about 110K into Pontus, but as of right now they have no direct share position. They also host our investor relation associate in their office as we complete our facility.
his valuable connections from serving as the V.P. of CIBC Mergers & Acquisitions.