cells own farm in thailand

This is great news for CAQ 100% company owned farm in Thailand, and about time, we have been held back by these approvals process with our joint venture partners and when these deals were struck we were wright in the middle of a Global Financial Crises.

The MOUs are still on the table and the joint partners like use are very frustrated in the time it takes in getting approval, but I hear that they still wont to progress.

Now we can start moving forward with the necessary approvals in place for this farm, Parry Leach has said that our fingerlings will be in the tanks in four weeks. With a 500 ton facility it would give use over 40 tones a month. this fish may come back to our food processing facility in Perth.

Cell has said it is securing a number of key supply contracts, I think bringing the fish back we can receive a better return, because of the high demand for seafood round the world this fish is already sold before they start to grow-out.