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Tuesday, April 27, 2010 1:42:10 PM
What I meant first off was that I was being conservative in all my estimates - I actually think WAY too conservative given the addition of Goodall, new 150 farm plan, et al, since Dennis made his projections. You need to have a baseline.
BUT... even if you're only taking the most conservative numbers, we'll see strong growth over the next couple years. Not IN a couple years, but all long the way.
The flip side is this...
- the business model is built for exponential growth
- we're in the middle of the next boom industry
- we're the cheapest on the market
- we're able to monitor a system anywhere in the world
- the government is only starting to even the playing field for algae with incentives, etc.
If we prove that this works on commercial scale, we won't be able to keep up with demand. And you can forget conservative estimates.
And keep in mind that my conservative estimate - in 18 months - puts our PPS 41 times higher than where we are today.
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