RE:I’m Dumb Foundedphantom666 wrote: at what investors are waiting for! Here PLAN has this legacy business that is thriving and supporting the R&D. Plus in 20 months has paid down its acquisition fees by 40%!
The AgTech products already bring in 66% of the revenue. Must you be waiting for a NR on the Pilot Plant or just want to see a profit?
The legacy operation has ho hum margins and isn't necessarily growing at an advanced clip. So, investors want to know 2 things for 2024 imo:
1) how is the Pozglass pilot plant going to be fully funded?
2) what kind of monetization growth trajectory are the new fertilizer products going to offer the company? They have an impressive distribution platform but what about the time it takes to cultivate a new product's brand reputation and garner commercial adoption of their product portfolio?
I imagine there could be a "January effect" post tax loss selling recovery in the sp but I remain unconvinced it gets back up toward .20 until they've at least answered question 1. I'd also add that the lack of insider buying despite being near 52 week lows has been surprising after their prior track record of buying support.