TSXV:POND - Post Discussion
Post by
maysilverstone on Jun 11, 2021 2:41pm
Pond Technologies: A Game-changing Green Energy Stock
CO2 is the single largest contributor to greenhouse gas emissions and is a huge problem the world is facing right now. This green tech stock, Pond technologies, works to tackle climate change by profitably transforming CO2 from any source into valuable algae-based products such as bioproducts, food ingredients, or nutraceuticals.
Here's a quick overview of the company:
- One of the few public companies that focuses on carbon capture
- 9 US patents and 19 international patents
- Recently announced that their wholly-owned subsidiary, Pond Naturals, received a white label order for 5k bottles of Astaxanthin from a U.S. client
- Pond Naturals rev grew 24% in 2020 to about $4.5M
- 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.
- Entering the XPRIZE Carbon Removal competition funded by Elon Musk
- Tight share structure (46.9M common shares issued/reserved with 19% insiders control, fully diluted it becomes 66M)
$POND is holding steady today at $0.65 with a mc of only $28.09M.
Be the first to comment on this post