Hong Yuan Holding Group (HGYN)

[tykundegex]

Indeed, the timing is curious. We all knew another PIPE was coming, and we knew it had to be soon. I'm actually surprised at the amount -- it seems a little high (compared to past amounts) given how close they should be to being cash-flow positive.

"fund growth" ... it's my understanding that the new Indiana plant is operating at about 10% capacity today, and that it's already cheaper than the old CA facility.

Not sure what "funding" they are talking bout.. perhaps R&D into their upcoming algae-based resins?