Agreed, looking good...but I'd be more inclined to look towards September[+/-] for their next statement.
Having followed Lipid Trigger tech for awhile now, I believe algae has about a 2 month growing cycle (for optimal harvesting purposes) & they state they're planning 2 more test cycles...one to study for the maximized formula & another for the industrial scale-up demonstration.
quote:.."next update on this project will be upon completion of the Industrial Scale Demonstration"
Although I'd prefer a big price breakout 'yesterday', this is not a huge amount of time in the grand scheme of things & fairly rapid in terms of scientific research norms...there is afterall, an enormous amount of money involved in this if it should prove feasible , the BigDog players (Exxon etc) that would utilize this tech will require an 'absolute' proof-of-concept before diving-in.
Just my .03cents worth...GL2us.