RE:RE:RE:Company being acquired by Pyr. If one espouses to that yes. I just happened to not. Companies pass those carbon taxes on to consumers. It generally affects the least who can afford it.
I trust Capitalism to move things forward with a SLIGHT nudge from Government. The draconian method is not my thing. It breeds totalitarianism.
The innovation methodology comes from private capital. There is a mile long list of those examples in human history.
Governments in MY view create political power impediments.
That is my belief system at this stage of life and experience.
Government which gains power seldom cedes same.
That is my opinion and I cannot be bullied into an opposing view but respect opposing views. Sadly therin lies the difference in today's political climate right? One side says it's settled and STFU. Perfect.
I know what that leads to.
This post was not directly to you original poster. It just triggered me.. lol.
I suspect you may not agree with me and that's all well and good.
Its healthy actually.
anydaynowplease wrote: Let's not forget these government grants are being funded by some of the highest carbon taxes in the world. It's a great way to creat incentive to be carbon neutral or better.
Casavantsghost wrote: This is such a remarkably smart transaction if eventually completed. Interwoven in the press release for our consumption as CURRENT shareholders was the POTENTIAL Government grants coming to the fore to advance a RNG.
Not a fan of Government subsidies what so ever but that is beyond my pay grade of control..
thenewguy11 wrote: This is not a company still in R&D, they are already generating revenue and profit. Copied this from another forum. AST currently has approximately $10-12MM in backlog all of which is expected to be completed within 18 months, $12-14MM in pipeline, and has posted an average gross margin over the last four years (2016-2019) in excess of 40%. The company was profitable in 2019 on approx. $4.7MM in revenues. Projections are cash flow positive over the foreseeable future (Note: all these figures must be further verified during the final due diligence currently underway).