Loop Industries Inc V.LOOP

Primary Symbol: LOOP

Chemicals Basic Materials

Loop Industries, Inc. is a clean technology company, focused on circular plastics economy by manufacturing 100% recycled polyethylene terephthalate (PET) plastic and polyester fiber. The Company owns patented technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling its customers to meet their sustainability objectives. It also intends to leverage the Infinite Loop Technology to expand into specialty chemicals and polymers through a product offering of lower carbon footprint recycled dimethyl terephthalate (rDMT), recycled monoethylene glycol (rMEG) and specialty polymers.

NDAQ:LOOP - Post by User

Loop Industries Inc > LOOPShare Announces Partnership with Moduurn Mobility Inc.

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Comment by pystockeron Oct 26, 2020 10:31am

342 Views

Post# 31781022

RE:RE:RE:LOOPShare Announces Partnership with Moduurn Mobility Inc.

It's growth oriented new tech company, in development and expansion phase. It is normal. You have small cap companies with no ravenue at all but share price is $0.5.
This is why the stock market has been called a "forward-looking mechanism" or "discounting mechanism." Many companies started this way and come to life.
Do your homework and decide if this company is for you.
I think upside is hugh, leadership is excellent, of course small cap is usuall sepculative buy.
I like look and I have been buying it in smaller portions just like many other companies I like.

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