They have not produced any quantity of commercial Algae, hence just about every other Algae producer in the world is in a better position than AEB.
Production of nutraceuticals? Are you privy to information the rest of the market does not know? What tonnage of nutraceuticals have they produced? Where is the revenue from this product?
AEB has a cash burn rate of a million per quarter, yet shareholders have seen zilch return on that cash. Ask yourself just how much of that cash burn is going to the directors and their family and how much into actually producing anything?
Why did they put out a clarification statement that clarified very little?
Why is it when one deadline is passed and still no public announcement of why they did not meet their deadline they instead move on to the next big thing? And the next one? What will be the next one after they fail to live up to their medicinal marijuana promises?
AEB Price at posting:
5.4¢ Sentiment: Sell Disclosure: Not Held
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