TSXV:POND - Post Discussion
Post by
maysilverstone on Jun 08, 2021 4:29pm
Pond Technologies- Rising Green Tech Company
For investors looking to get exposure to green tech, $POND is one to check out.
One of the few public companies focusing on carbon capture, Pond profitably transform's CO2 from any source into valuable algae-based products such as bioproducts, food ingredients, or nutraceuticals. With algae expected to be the future of plant-based feeds for livestock, their resource efficient method requires minimal land and loses zero water.
Their recent financial statement's for Q1 ending March 31, 2021 showed improvement with a 58% increase in Pond Naturals Rev, a positive working Capital of $532,000, and a decrease in net loss by $31k. I expect this growth to continue as they have strong re-order levels, new clients onboarding, and increased order volume from customers.
With the current climate crisis, the carbon capture industry will experience lots of growth in the future and this innovative method that uses greenhouse gases associated with global warming to create algae products will be huge.
Currently at $0.66, very undervalued IMO with a mc of only $28.52M.
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