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Stock bump might be related to state of

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AUaft   Friday, 02/05/21 06:05:33 PM
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Stock bump might be related to state of CA's program of testing "a new KBI - engineered product designed as a better retaining wall for erosion control. These programs are designed to expand the demand for differentiated and higher value-added tire-derived products by providing an incentive to use at least five percent of California recycled tire rubber to partially replace virgin rubber, EPDM, plastic, or other raw material. and increase the sale of products that already contain crumb rubber. Some of the engineering tests that will be done will include horizontal pressure load limits, sound absorption characteristics, and maximum vertical wall loading. Another test (passive nutrient removal) which logs how well KBI's Flexi®-Pave porous pavement system removes groundwater contaminants has already been well documented and will not need to be retested. Once all of the testing (which the State of CA is subsidizing) has been deemed successful and has been completed, KBI will be able to offer a certified erosion control solution that further strengthens its position as a leader in civil engineering infrastructure solutions." Management said-"this innovative solution will transform erosion control and retaining wall design as we currently know it." Someone in the know? Are they going to be approved? Or/and is it a future buyout target? IDK. I'm increasing my shares.

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