Friday, March 17, 2017 8:42:12 AM
About the jump from 140M shares to 250M+ shares, it was done during the debt restracture, a one time deal when amyris had 400M$ debt(about double they have now if we include the discount and mandatory convertible debt of 38M$).
About farnesene, that's just one of amyris molecules, by end of year they will produce 6 different molecules.
If you think it is uneconomic, why did Firmenich signed for 50%/50% profit margin split and invested 15M$ in the R&D for each of those molecules? they like to lose money?(they are multi billion corporation by the way).
Whey ginkgo signed with amyris a partnership for 50%/50% split on profit margin of those new molecules? they like to lose money as well? you know they are private company with private funding.
Yes, amyris did big mistakes going after biofuels but they gained strong tech base being the first company who even thought about using "microorganisms" to produce various chemicals. No wonder they work with DARPA and DOE.
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