And something I found interesting from the letter to shareholders dated January 5, 2001:
"In October 2000, Aquasearch began work on a $2.3 million project, with funding from the U.S. Department of Energy, to develop proprietary "high-value products from microalgae."
Most recent news item:
Aquasearch Signs Sales and Distribution Agreement for The AstaFactor(TM)
KAILUA-KONA, Hawaii, June 4 /PRNewswire/ -- Aquasearch, Inc. (OTC Bulletin Board: AQSE) today signed an agreement with Advantage Webco Dodge to distribute its premier nutraceutical product, The AstaFactor(TM) to retail outlets. The AstaFactor(TM) was developed and is grown by Aquasearch in Hawaii. Webco Dodge is the Hawaii arm of Advantage Sales and Marketing LLC, whose combined national operations have an annual wholesale revenue base of almost 20 billion.
Advantage is one of the nation's leading sales and marketing agencies for food and consumer packaged goods companies. Advantage fulfills the sales, marketing and promotional needs of more than 1,200 manufacturers in the United States. The company represents top brands such as M&M Mars, Tropicana, Unilever HPC, and TwinLab to grocery, drug and mass merchandise outlets, including Wal-Mart, K-Mart, Target, Sam's, Costco, Albertson's, and Safeway. In Hawaii, they also serve Long's Drugs and ABC stores.
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