Sounds like sales are being held up due to product registration in SE Asia. Kind of a shame, with the yield increases we have seen. The farmers could really be helped.
As far as the q goes, I agree nothing to write home about. Seems as though they have really cut spending and overhead. I guess another thing to note is that they are filing and filing on time. They are acting like a company with long term plans. Dilution is minimal, and they have some funds coming in from a private placement. Those investing much also see a future.
I also agree with you, when we see contracts coming in, with such a low burn rate, .40 or .50 will quickly be attained.
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