Loop Industries Inc. (LOOP)

[Shaun Kavanagh]

I understand enough to know that if their tech works as they claim it could be a mahoosive deal.

My understanding was that the Solomita guy >was< the scientist and some money bankrolled the development. It's obviously less than ideal when the inventor is allowed to be the CEO - 1st rule of successful venture capital being "Kill The Founder" - but in this case I'm more inclined to give them a pass since he's not going to have to run a terribly complex behemoth.

I agree that the current share price, based on publicly available information, is >ahem< ambitious...... but the first boys and girls at the table were in for ~$3-4 and there was a conspicuous lack of selling even when the price was cresting $18 last fall. Granted there's a lack of liquidity but it seems the people in the know believe in the process... so I'm inclined to believe in them. Worth dropping in a couple of shekels.

For the price to move they really do need to make a sale / announce a deal that has a $ value attached.