RE:Defensive stock, low risk and good return potentialWell they havent really started from scratch. Their Chief Tech officer (aka the passion behind the tech) Bob Bhushan, has been working privately for the last 10 years:
For the past 10 years, Dr. Bhushan has developed many blends of proprietary microbes and enzymes for the enhanced digestion of a variety of organic wastes and sold these blends to most of the leading food waste digesters corporations around the world. Bob’s passion to develop food waste technologies is driven by the UN Global initiative of greenhouse gas emission reduction, and the new municipal regulations to separate food waste from the regular waste and divert waste from landlls and lower carbon emissions. (https://micronwaste.com/about/team/)
I agree they are a pretty defensive investment with Aurora backing and where the price is currently at. I do not see much downside from here. Today will be an important day.
So far it dropped right to .58 in the first 15 mins today and now running up to .60 and .62