Pond Technologies Inc - OTC: PNDHF TSX.V: POND - CO2 into Algae

Discussion in 'Penny Stocks' started by Dan Thunderbolt, Apr 1, 2022.

  1. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    Good things ahead imo in Q3 regarding the production of proteins from algae under partnership with the major Canadian oilsands producer and Fortune 500 company:
    "...with a commercial supply contract potentially being entered into by years end"

    Aug 22, 2022
    https://pondtech.com/media-releases...ch-consultant-to-accelerate-project-pipeline/
    Since the beginning of 2022, Pond has been making weekly deliveries of recombinant proteins to the project consortium for testing and significant milestones are expected to be achieved in Q3 2022.

    May 10, 2022
    https://thedeepdive.ca/pond-technol...ion-of-proteins-from-algae-under-partnership/
    With the project to consist of compensation of up to $1.0 million for the Pond, the company to date has reportedly collected $230,000 in revenue from the program. The company also expects to receive a further $850,000 for its efforts via the form of milestone payments, with a commercial supply contract potentially being entered into by years end.
     
  2. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    Very interesting read on the huge potential of Pond. The upcoming Q4 will be very interesting for sure as Pond's pilot plant is anticipated to begin operating at British Sugar’s Wissington site. Great times ahead imo.

    Zacks Small-Cap Research
    September 15, 2022

    Current Price (9/14/22) US$0.10
    Valuation US$0.65


    CONCLUSION
    We believe that Pond Technologies is becoming well-positioned for winning additional contracts and can
    execute well on its Livalta (AB Agri) relationship. Animal feed and methane reduction remain are favorite
    growth catalysts for new contracts and project wins, in our view. We expect Pond to benefit from growing
    awareness of and potential interest in its technology as environmental issues increasingly move into the
    forefront for regulators, consumers and investors.

    https://s27.q4cdn.com/906368049/files/News/2022/Zacks_SCR_Research_09152022_PNDHF_Marin.pdf
     
  3. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    Pond Technologies Announces Closing of First Tranche of Non-Brokered Private Placement Including Insider Participation
    Sep 28, 2022
    https://www.newswire.ca/news-releas...ncluding-insider-participation-861147580.html

    MARKHAM, ON, Sept. 28, 2022 /CNW/ - Further to its press release dated September 6, 2022, Pond Technologies Holdings Inc. ("Pond") ( TSXV: POND) (OTCQB: PNDHF) (FSE: 400), an ESG company addressing global sustainability challenges of wellness and climate change, announces the closing yesterday of the first tranche of its non-brokered private placement ("Private Placement") in the amount of 2,006,667 common shares of Pond ("Common Shares") at a purchase price of $0.15 per Common Share for aggregate gross proceeds of $301,000. The Common Shares issued pursuant to the first tranche are subject to a statutory hold period expiring January 28, 2022.
     

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