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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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  • bassfinderX
Comment by bassfinderon Jun 15, 2021 5:42pm
167 Views
Post# 33392915

RE:RE:RE:Anybody think of purchasing more?

RE:RE:RE:Anybody think of purchasing more?

Yes I listened in.  


Some clarity on the preferred shares was provided by the CFO - they are just opening up the option at this point in time as a means of potential financing.  But there is no immediate plans to issue.

They also talked about the cash being held for a potential acquisition, as opposed to dividends, and that this could be the best way to create shareholder value.  They stressed that making an acquisition is the easy part, finding the right company is where they practice due diligence and this can be more difficult.

Also a new "Dry Scubber" product line was also introduced.  They seem to be intentional keeping this on the down low.  I have to research this a bit more.  Also mentioned were emerging research projects with Universities in Quebec I believe.  The New York City Pilot was touched on briefly as well.

Overall I am impressed with the CEO, his industry knowledge, and the forward looking vision for the company.  I am completely comfortable holding and seeing where this can go.
 

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