Quarterly Update

My understanding is that the Company may have recognised the benefits of preferring to "Underpromise & overdeliver", compared to the alternative. The market responds much more favourably to upside surprises! The Qtrly clearly states the projections are Conservative. IMO, there is far too much upside opportunity that can present at anytime, especially when you consider PHK'S website most recent blog entry, regarding statemens made by a significant chinese govt official last week regarding the huge black porous water issue and their urgency and commitment to deal with it. Then there is the 'smaller' M$10 of potential job pipeline in Canada & US, Europe's recent algae breakouts, Brazil and South American growth markets, etc. Can anyone suggest a better investment, (risk/return considered) over the next 12 months?...