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Re: ltj2 post# 75900

Tuesday, 02/09/2010 2:38:17 AM

Tuesday, February 09, 2010 2:38:17 AM

Post# of 111729
Exactly. And with so little debt, we really have a shot at being profitable in the short-term as Dennis has stated. That more than anything will bring in serious investors/clients/partners.

Most algae companies are in bio-fuel, and are geared towards spending capital to build out a facility of production, refinement, or both. The fact that we're building the inexpensive PBR, and can either sell it, or use it ourselves makes us 1) extremely versatile, and 2) able to grow so much faster than the competition - for less money, based on partnerships and JVs.

It's really a brilliant model for growth. It requires less capital, and takes revenues from several different areas, making it more stable than the competition right from the start.

Much to look forward to this year...