I agree Olympian it is a shame that no value was placed on the U...

I agree Olympian it is a shame that no value was placed on the U when the biograde dispersal occurred, but we have really not completed a great deal of work in regard to the U and while the ground looks promising we lost the plane for quite a while. Given the extensive work our brother acap has completed next door to us if they can become a producer as they are predicting should create some nice interest in our ground down the track.

Personally I feel we have a good deal with the biograde acquisition and research that I have completed indicates that our resin production is at a very competative price and our multi application for our resin has created significant interest in biograde product wordwide.
I am very impressed with Frank Glatz in regard to his experience in the plastics industry and his many contacts that will be the utmost of importance in order to get orders for our resin.

My feeling is that we have acquired a business that is ready right now to start hitting its straps and this has taken some 4 years to get to this point. We have acquired biograde at just the right time.

I feel we will see some increase in sales in the future and nothing would make me happier for us all to see a large signed off deal come thru.
We should start to see some solid strength on the buy side in the future and once new sales can be confirmed the current SP will be a thing of the past.
We have a demand for our product right now and it will only get stronger as many counties are requiring breakdown of disposable product in so many cases.

Hey only time will tell but I am very comfortable with where we are right now at cardia.
Don't forget we also own a fair chunk of a water business and hopefully with the extra dollars now they will now be able to complete some larger projects, boost sales and bottom line and look good for a float next year.

The above is my opinion only and as always DYOR.