the unbelieveable size of revenues explains the massive manipulation intervention of bashers and shorters like liar001
just get the idea told in the conf call
It sounds funny. The Merit facility is in my opinion a large facility, it can process 20,000 metric tons of field fees equivalent let's call it amount of canola and as we have said on a number of occasions previously, implying revenue of up to about CAD 60 million at full capacity and yet can tell you that one of our Board members likes to point out over and over again that it's a demonstration plant in the Grand scheme of when you look at the plant-based protein ingredient industry on a global basis, when you look at the big players that exists in soy and pea protein, potato protein, you name it. And what she's really making reference to there are our Board members is that basically, this plant is really demonstrating what the potential is. And I think it is the right strategy, because I do anticipate as I said on the call previously, I do anticipate the expansions will come. I do anticipate that there will be additional future plans and they will be different likely from this one. They'll have modifications. And ultimately, it is a process of getting to the largest cash flows in the -- in what we think is the smartest and the most prudent manner.
With respect to our other technologies, our opportunities go like this. We are considering everything from licensing agreements to additional joint venture partnerships. And again, we're moving them forward in the process that we think is the smartest with respect to getting to market in a position that benefits Burcon the most. So, not necessarily giving things up quickly, but also looking for where we think the most value comes to us in the long-term.
Right now we are in the process. We’re negotiating some deals, some of which contemplate joint ventures. And we will move those forward as quickly as we can, but again, always with the eye to the longer-term. So a little over 30% of Burcon shares are owned by insiders, myself and many members of management of the Board of Directors. And so we really are not influenced by what we're doing in the very, very short-term. We're really thinking more as owners and what makes sense in the longer-term. With that, Peter, do you want to respond to search process?