Stevia First recently agreed to form an alliance with Qualipride International in order to substantially take over their stevia sales and distribution business, and to obtain access to an annual supply of 1,500 or more tons of stevia extract capacity. This stevia extract could be used as starting material within an enzyme enhancement process and converted into highly purified Reb A, which may command market prices estimated at approximately $100,000 per ton.
1,500 tons times $100,000 stresses my calculator. $150 million divided by the outstanding shares is over $2.00 per share. This is now an undervalued stock.
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