Bullboard - Stock Discussion Forum Pond Technologies Holdings Inc V.POND

Alternate Symbol(s): PNDHF

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... see more

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TSXV:POND - Post Discussion

Pond Technologies Holdings Inc > POND

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Post by yopmemama021 on May 25, 2021 7:05pm

POND

$POND

Pond Technologies closed at $0.60 , with a market cap of $25.93 M following CEO Grant Smith’s recent business update

~~ Highlights :

He believes $POND is nearing an inflection point, positioned to execute on near term objectives
His focus as CEO on driving sustainable revenue generation across the organization.
$POND ’s substantial decrease in monthly overhead
- The net cash outflow for 2020 =$1.5 million, as compared to $4.5 million in 2019.

$POND ’s new development of bioreactor designs appropriate for production of recombinant proteins for diagnostic, vaccine and therapeutic applications, + patents

advanced licensing discussions with multinational companies in the animal feed, food production, and oil and gas sectors, with expected deal announcements forthcoming

see full update

https://www.accesswire.com/648135/Pond-Technologies-Holdings-Inc-Announces-Continued-Momentum-with-Business-Update

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