Pond Technologies Holdings Inc V.POND

Alternate Symbol(s): PNDHF

Consumer Defensive Farm Products

Pond Technologies Holdings Inc. is a technology company engaged in controlled environment cultivation of microalgae. Its primary business is to pursue microalgal biomass cultivation using available sources of CO2, including CO2-rich emission sources from industrial plants and the licensing of its technology. It has developed a technology platform based on artificial intelligence, proprietary LED lights and patented CO2-management. Its segments include Nutraceutical Products, Technology Services and Corporate. The Nutraceutical Products segment includes production and sales to consumers and business and distribution or third-party products. The Technology Services segment is engaged in the production of microalgal biomass, consulting, engineering services and the construction of biomass production facilities. It also has a Biotech division focused on the growth of unique strains of micro-algae to be used as a reproductive medium for the expression of human antibodies and proteins.

TSXV:POND - Post by User

Pond Technologies Holdings Inc > $POND Announces Purchase Order

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Comment by fundmanager1944on Jun 30, 2021 5:17am

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Post# 33471813

RE:$POND Announces Purchase Order

YES this is a big STEP forward

read this analysis

https://goldinvest.de/tools/goldinvest-english/4978-pond-technologies-finds-industrial-partner-from-natural-gas-industry

SkywalkerofLuke wrote:
$POND $POND.c an ESG company addressing global sustainability challenges of wellness and climate change just announced that it has received a purchase order for an initial engineering study from CVS Midstream Solutions Corp.

Upon completion of the engineering study and a positive Final Investment Decision by CSV, the first stage of development would be an algae plant that would supply Pond with an enhanced supply of astaxanthin. Pond is currently selling micro-algae derived antioxidant astaxanthin under its Regenurex brand and the enhanced supply of Canadian grown astaxanthin and would serve as an additional revenue stream for Pond Naturals.

Great news for POND as they continue to expand their facilities for the production of micro-algae that allows industrial emitters to abate and ultimately recycle CO2, meaning good for $POND is good for the environment.

$POND is up 1.8% , current MC is $25.06M.

Check it out

https://www.accesswire.com/653538/Pond-Technologies-Announces-Engineering-Contract-with-CSV-Midstream-Solutions-Corp-for-Construction-of-an-Algae-Plant-Utilizing-CO2-from-an-On-Site-Natural-Gas-Plant