Monday, July 19, 2010 11:12:12 PM
It will be interesting to see how things develop, but remember that there are other companies already growing and selling algae on a large commercial scale. So it certainly ought to work if it is done right. Profit margins can be large as you can see, but BEHL will have to compete with established incumbents such as Cyanotech in the food and nutrition markets they target. Just informational, not judgemental, not about albino legs.
By the way someone posted over the weekend that a penny stock algae company recently hit $38. If they read this please share which company that is? Thanks.
http://www.cyanotech.com/company/company_pond03.html
http://www.cyanotech.com/news/news_062410.html
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