A Motley Fool Article posted last week.
Stemcell United has successfully trialled plant stem cell technology on Sea Grape cultivation at its research base located in Singapore. As a result, the joint venture combines the strengths of both parties in creating an integrated aquaculture farming system. Moreover, the collaboration aims to implement a scalable circular economy in aquaculture. This includes plans to promote the ocean vegetable’s unique qualities as a sustainable superfood and plant-based protein. The Stemcell share price has rallied based on the potential for revenue generation within a relatively short period of time. Although the company already generates revenues, this moves it closer to becoming a profitable organisation.
Hopefully they are right, and SCU starts making more revenue from this little adventure which can lead to bigger and better things.
DYOR
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