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Aquamer Medical Corp.
(Company will change name soon to Aquamer Urban Agricultural Corp.)
(OTCBB: AQUM)
Aquamer believes that the market for urban indoor farming is significant. It is estimated that by the year 2050 the world's population will increase by an additional three billion people to well over nine billion inhabitants, with as much as 70 percent of the world's population living in cities or urban areas by 2050, up from 49 percent today. Considering that only about 10 percent of the earth's land is arable, and that more than 80 percent of this agriculturally suitable land is already being exploited, it is projected that there will not be enough horizontal growing space to feed this substantially increasing population.
This is where AQUM comes in. These high-tech indoor systems are custom built inside 30,000 square foot warehouses, each creating a highly efficient indoor production process. Urban Agricultural Corp. focuses on the reuse of under utilized or abandoned properties for their facilities, creating even greater community benefit while preserving open “green” space. The company currently anticipates opening 50 facilities worldwide over the next 60 months.
The volume on AQUM is still pretty thin but we think that it will pick up as the word gets out about the company and their recent acquisition and change in corporate direction into the urban agriculture arena.
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