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Biorem Inc V.BRM

Alternate Symbol(s):  BIRMF

Biorem Inc. is a Canada-based clean technology company. The Company designs, manufactures and distributes a line of air emissions control systems used to eliminate odors, volatile organic compounds (VOCs) and hazardous air pollutants (HAPs). It operates through one reportable segment, which involves the manufacture and sale of pollution control systems. Its solutions include BASYS and BiofiltAIR biofilter, MYTILUS biotrickling filter, multi-stage SYNERGY system, biogas desulfurization, dry scrubber adsorption systems and cannabis odor control. Its BASYS and BiofiltAIR biofilter systems are suited for odor control applications, especially when removing reduced sulfur compounds or VOCs. It offers biofiltration medias, which include BIOSORBENS, XLD, BIOPAK and BIOROLL & BIOBLOK. The Company's service solutions include system upgrades, preventative maintenance, and replacement and spare parts. Its other services dispersion modeling, permit applications and community outreach programs.


TSXV:BRM - Post by User

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Post by KnowledgeSeekr8on Aug 05, 2021 10:08am
182 Views
Post# 33654228

With only 15 million shares outstanding...

With only 15 million shares outstanding...With only 15 million shares outstanding the earnings per share is going to look amazing if we can get back to the 2020 net income of $2 million, which I believe they can improve on for 2022 and 2023

EPS would be $.135
They would still have $3 million in cash and only $5 million in debt after this transaction.

Put a conservative mulitple of 10 and you are at $1.35

GLTA long term investors that have been waiting for something big
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