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