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Pond Technologies Holdings Inc V.POND

Alternate Symbol(s):  PNDHF

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.


TSXV:POND - Post by User

Post by kukamanon Aug 10, 2022 10:08am
113 Views
Post# 34884406

Q4 is already on the horizon. There is a good chance imo

Q4 is already on the horizon. There is a good chance imothat the share price will be much hgher soon...

Excerpts from one of the previous Benzinga write ups.
  • The pilot Livalta (AB Agri) plant is expected to begin operating in 4Q22. Pond and Livalta formed a license agreement for Pond to earn technology access fees and an ongoing royalty based on the production from commercial algae plants deployed going forward. As work progresses, the company expects further payments.
  • At the same time, Pond continues to form new agreements to further validate and commercialize its technology. Last month, Pond formed a memorandum of understanding with SEM Energy Ltd., a sustainable technology solutions company that implements customized solutions for the treatment of waste products and wastewater, recovery of nutrients and to generate value-added by-products. Pond expects SEM to utilize Pond technology as a bolt-on solution in certain of its projects.

    The two companies will collaborate on a non-exclusive basis to pursue projects internationally, beginning with an initial focus on projects based in Scotland. Their goal is to abate 10,000 tonnes of CO2 from an identified waste to energy plant using stack gas. The project is expected to launch in 4Q22.

https://www.benzinga.com/markets/penny-stocks/22/07/28280359/pndhf-pipeline-expanding-positive-implications-for-technology-applications-growth
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