My understanding is that AGWS has ramped up fertilizer production capabilities. Demand still exceeding supply. In addition to others, Florida Mulch is in love with AGWS' fertilizer . . . their sales projections have grown.
Current capacity is up to 90 tons/day = approx. $8-$9M/year vs. roughly $2M in 2008 budget. Margins may be north of 50%, i.e. much higher than nursery margins (30-35%).
A confirmation from one of the few on the this board would be appreciated. My hearing isn't that great . . . I don't always hear what I think I heard.
IF (a big 'if') the above is correct, or even close, profit potential is staggering when viewed against current market cap.
Recent uplisting to BB + no hype from company = Let's just wait and let 'em do their thing. Patience should be well rewarded, IMHO.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.