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Wednesday, April 21, 2010 3:36:53 AM
If they make it through, and I suspect they will, they should emerge as perhaps one of the best positioned bio-plastics companies around (excellent management team, portfolio of patents, hybrid resins, ample manuf. capacity, etc.).
I was surprised that the RS and uplisting happened so fast, and expected the share price to falter significantly post-RS (as many do) and as a result of their cash flow issues. I now doubt it will happen at all -- I think their campaign to educate about the market and improve their visibility is helping, and I believe their share-price has seen its all-time low by now.
Fingers crossed for profitability later this year, and solid growth in 2011!
Stu
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