This my fav pick for a possible multibagger in 2022. I believe 2022 has a high chance of being the breakthrough year for Pond Technologies. Pond Tech: Converting CO2 Into Algae – The Daily Dive March 31, 2022
PNDHF: Thesis On-Track with Healthy Pipeline of Opportunities & Liquidity with Recent Private Placement March 16, 2022 ZACKS SMALL CAP RESEARCH https://finance.yahoo.com/news/pndhf-thesis-track-healthy-pipeline-104000952.html Some excerpts: "Cow feed would be a breakthrough win and has been on our wish list since November. We would like to see Pond Technologies achieve a maiden win of a cattle feed contract in the United States or Canada. That would then become a springboard for a series of wins after the first customer is successful with it and methane reduction. A very important catalyst, in our view." "We believe that Pond Technologies is becoming well-positioned for winning additional contracts and can execute well on its Livalta (AB Agri) relationship. Animal feed and methane reduction remain are favorite growth catalysts for new contracts and project wins." "We reduce our price target valuation to $0.80 CAD & $0.65 USD because of the stock market correction over the past two months causing the relative peer group to trade at lower valuation multiples."
"In this year's budget presented on Thursday, Canada is introducing a 60% tax credit for equipment used to capture carbon from the air, and 50% for all other capture equipment, plus a 37.5% credit for transportation and storage equipment." Canada creates carbon-capture incentives, critical mineral plan to cut emissions April 8, 2022 https://www.reuters.com/business/su...itical-mineral-plan-cut-emissions-2022-04-07/
Pond Announces Engagement with BioCarbN in Collaboration with Livalta/AB Agri and a Second Major Agriculture Business to Identify Methane Reducing Algae Feed Solutions in Cattle Thu, April 28, 2022 https://finance.yahoo.com/news/pond-announces-engagement-biocarbn-collaboration-120000621.html
Pond Provides Update to Shareholders on AB Agri/Livalta Project Progress and Milestone Payments Received of $1.5 Million to Date May 6, 2022 https://www.pondtech.com/media-rele...one-payments-received-of-1-5-million-to-date/ Pond Technologies Holdings Inc. (“Pond”) (TSXV: POND)(OTCQB: PNDHF)(FSE:4O0), an ESG company addressing global sustainability challenges of wellness and climate change, is providing an update on its agreement with Livalta, an AB Agri company, a subsidiary of Associated British Foods (LSE:ABF) for the joint commercialization of algae-based animal feed ingredients. This global partnership between responsible protein specialists Livalta and Pond will produce commercial algae-based animal feed ingredients from CO2 emissions. Effectively, the technology is designed to take CO2 emissions out of the air to produce high value protein. Details: In an agreement dated September 7, 2021, Livalta and Pond entered into an exclusive global partnership to grow algae-based animal feed from CO2 emissions The engagement consists of two parts: a supply agreement, where AB Agri will purchase an algae demonstration system from Pond to be installed in the UK for the sum of approximately CAD$2.9 million and a license agreement, where Pond will receive up to CAD$2.6 million in technology access fees and an ongoing royalty based on the production from commercial algae plants deployed in the future The demonstration system will be used to grow algae strains for animal feed trials and the development of commercial animal feeds which will be sold by AB Agri. The first product will be spirulina, combining 60% protein with essential vitamins and minerals. Spirulina is known for its nutritional and functional value both in food and animal feed. Livalta’s pilot plant is currently anticipated to begin operating at British Sugar’s Wissington site in Norfolk in Q4 2022 Managing Director of Livalta, Valerie Schuster, said:“We are very happy that together with our partner Pond and our sister company British Sugar we have completed the initial engineering work for our algae pilot plant. Despite global supply chain challenges and having to work mostly remotely across continents and time zones we now have achieved a key milestone towards starting operations of our algae pilot plant towards the end of this year.”
Pond Announces Publication in Nature Scientific Reports of Successful Production of Recombinant Protein Results and Provides Update on Biotech Division May 10, 2022 https://www.pondtech.com/media-rele...ults-and-provides-update-on-biotech-division/ MARKHAM, ON / ACCESSWIRE / May 10, 2022 /Pond Technologies Holdings Inc. (“Pond”) (TSXV: POND); (OTCQB: PNDHF); (FSE:400), an ESG company addressing global sustainability challenges of wellness and climate change, is pleased share successful results related to the production of recombinant proteins published in the scientific journalNature Scientific Reportsand is providing an update on the Pond Biotech project announced in the fall of 2021 with a major Fortune 500 oil and gas company. As part of the project, Pond has been scaling up the production of recombinant proteins. Pond has received approximately $230,000 in payments to date for milestones achieved and the initial research agreement. Pond has now completed the initial scale-up, including bioreactor designs and growth protocols. Since the beginning of 2022, Pond has been making weekly deliveries of recombinant proteins to the project consortium for testing. This material has been able to prove that algae-grown recombinant proteins perform as well as conventionally produced proteins in diagnostic tests. Results of these trials were recently published in the scientific journalNature Scientific Reports and is available here:https://www.nature.com/articles/s41598-022-11053-7.Nature Scientific Reportsis the 6th most-cited journal in the world, with more than 540,000 citations in 2020, and receives widespread attention in policy documents and the media1. Under the current license agreement with the Fortune 500 oil and gas company, Pond expects to receive a further $850,000 in milestone payments in 2022 and is now positioned to enter a commercial supply contract by the end of this year. Grant Smith, President & CEO at Pond said:“This peer reviewed journal article supports our view that algae can be a low-cost micro-factory for the production of recombinant proteins, with applications in medical diagnostics, antibody therapeutics, and vaccine manufacture. We expect to complete this project and continue to grow revenues from our biotech division in 2023.”
Pond Technologies Holdings Inc. Announces Filing of 2022 First Quarter Unaudited Interim Condensed Financial Statements, MD&A and Provides Business Update May 26, 2022, 16:30 ET https://www.newswire.ca/news-releas...a-and-provides-business-update-830805712.html Management Commentary Grant Smith President & CEO Pond commented: "We are diligently working to further commercialize our technology in 2022, with our current and future clients, as well as partners globally. We have a network of major companies working with us across multiple sectors including energy, renewables, animal feed, human feed, and biotech, as we move towards sustained commercialization of our technology with a focus on consistent revenue generation. Early commercialization creates lumpiness in revenue, with a high dependence on the timing of signed contracts, but as we further build our scale this is expected to become much more stable over time, and this is the key focus of our management team. It is also worth noting we have seen supply chain disruptions as it relates to Pond Naturals which has impacted the timing of ingredient sales; however, we have seen improvements through the second quarter and look forward to returning to revenue growth in this business segment. We remain extremely excited with our current prospects as we execute on our strategic vision and anticipate updates in the near term."
According to the linkedin post of AB Agri, a subsidary of the 10 Billion market cap company Associated British Foods, seems to be convinced of the technology from Pond. "More to come soon"... https://www.linkedin.com/posts/liva...=linkedin_share&utm_medium=member_desktop_web Livalta, an AB Agri company 382 Follower 3 Weeks Beyond providing excellent #nutrition & functional benefits for animals, could #microalgae also reduce #methaneemissions in cattle? This is what we seek to find out together with Pond Technologies Inc., AB Agri and other partners. More to come soon. Thank you FeedNavigator for featuring our teaser. https://lnkd.in/exV89nDs
Pond Technologies Webcast Presentation @ Lytham Partners Spring 2022 Investor Conference June 14, 2022
Pond Technologies : Executes MOU with SEM Energy Ltd. Significantly Enhancing Sales Pipeline and Providing Full-Service Support to Future Pond Projects 06/16/2022 SEM Energy Ltd. and Pond Technologies to Initially Collaborate on Scotland Based Project with Goal to Abate 10,000 tonnes of CO2 https://www.marketscreener.com/quot...ly-Enhancing-Sales-Pipeline-and-Pro-40741932/
This company seems dirt cheap at the moment considering their business relations with two multi-billion $ companies. Hopefully they will anounce some promising news soon regarding the methane reducing algae feed solutions in cattle.
PNDHF: Pipeline Expanding; Positive Implications for Technology Applications & Growth by Zacks Small Cap Research July 31, 2022 https://www.benzinga.com/markets/pe...plications-for-technology-applications-growth By M. Marin OTCQB: PNDHF | TSX.V: POND Pond Technologies (TSX.V: POND) is a carbon conversion technology company that uses its proprietary platform to grow microalgae in a rapid and cost-effective manner that does not require arable land. We expect Pond to benefit from growing awareness of its technology as concerns about environmental and ESG (Environmental, social, and corporate governance) issues increase. Project with global player offers proof of concept… The company has formed agreements that offer proof of concept and revenue opportunities, including with Livalta (AB Agri, part of Associated British Foods). Pond's Livalta (AB Agri) project is progressing. The company has completed the initial engineering work on the project and has recently received milestone payments. The pilot Livalta (AB Agri) plant is expected to begin operating in 4Q22. Pond and Livalta formed a license agreement for Pond to earn technology access fees and an ongoing royalty based on the production from commercial algae plants deployed going forward. As work progresses, the company expects further payments. … as new opportunities come on stream At the same time, Pond continues to form new agreements to further validate and commercialize its technology. Last month, Pond formed a memorandum of understanding with SEM Energy Ltd., a sustainable technology solutions company that implements customized solutions for the treatment of waste products and wastewater, recovery of nutrients and to generate value-added by-products. Pond expects SEM to utilize Pond technology as a bolt-on solution in certain of its projects. The two companies will collaborate on a non-exclusive basis to pursue projects internationally, beginning with an initial focus on projects based in Scotland. Their goal is to abate 10,000 tonnes of CO2 from an identified waste to energy plant using stack gas. The project is expected to launch in 4Q22. SEM intends to promote and recommend Pond to its existing ESG clients on a non-exclusive basis via a carbon capture campaign. The company expects that leveraging SEM's current global project pipeline can help Pond commercialize its carbon reducing algae-based platform across multiple sectors. The global collaboration is also expected to provide Pond the added infrastructure to support the scaling up process through its ongoing commercialization efforts. The company believes this agreement can accelerate its commercialization efforts. Separately, the company also recently engaged Clean Conduit, a clean technology management consulting firm that has more than 15 years of experience in domestic and international cleantech consulting. Clean Conduit will market Pond's technology solutions to prospective clients. The company expects the Clean Conduit relationship will be largely subsidized through GreenCentre Canada.
The current market cap seems very low considering the huge business potential alone from the methane emissions reduction opportunity in cattle (see report below). Plus Q4 is already on the horizon (excerpts from the previous news release a post earlier): The pilot Livalta (AB Agri) plant is expected to begin operating in 4Q22. Pond and Livalta formed a license agreement for Pond to earn technology access fees and an ongoing royalty based on the production from commercial algae plants deployed going forward. As work progresses, the company expects further payments. At the same time, Pond continues to form new agreements to further validate and commercialize its technology. Last month, Pond formed a memorandum of understanding with SEM Energy Ltd., a sustainable technology solutions company that implements customized solutions for the treatment of waste products and wastewater, recovery of nutrients and to generate value-added by-products. Pond expects SEM to utilize Pond technology as a bolt-on solution in certain of its projects. The two companies will collaborate on a non-exclusive basis to pursue projects internationally, beginning with an initial focus on projects based in Scotland. Their goal is to abate 10,000 tonnes of CO2 from an identified waste to energy plant using stack gas. The project is expected to launch in 4Q22. Slashing Methane Emissions 30% By 2030 Could Be Key To Achieving Net Zero Targets — Here’s What AgTech Companies Are Doing To Help Wed, August 10, 2022 https://finance.yahoo.com/news/slashing-methane-emissions-30-2030-123500281.html The latest estimates put annual global methane emissions at 580 million tonnes (Mts) per year, creating atmospheric concentrations that are 2½ times denser than preindustrial levels. About 25% of that methane comes from the agricultural sector alone — mostly from gassy cows whose burps contain methane. With an estimated 1.4 billion cows worldwide and each cow belching approximately 220 pounds of methane each year, those burps add up. President Biden has even supported a bill that would tackle this issue, to the tune of $20 billion, due to its impact on the environment. That’s why companies like Pond Technologies Holdings Inc. (OTCQB: PNDHF) are exploring cost-effective, scalable ways to cut agricultural methane emissions and help nations around the world meet their Global Methane Pledge.
Lots of potential imo... Pond Technologies Holdings Inc. Announces Filing of 2022 Second Quarter Unaudited Interim Condensed Financial Statements, MD&A and Provides Business Update Thu, August 18, 2022 MARKHAM, ON, Aug. 18, 2022 /CNW/ - Pond Technologies Holdings Inc. (the "Corporation" or "Pond") (TSXV: POND) (OTCQB: PNDHF) (FSE: 4O0), announces that the unaudited interim condensed consolidated financial statements of the Corporation for the three and six months ended June 30, 2022 and the related management's discussion and analysis have been filed and are available for review on the SEDAR website at www.sedar.com or on the Corporation's website at www.pondtech.com. Q2 Highlights and a brief business update follow below: Q2 2022 MD&A Highlights Innovative Cattle Methane Reduction Study Initiated - Pond's work with BioCarbN in collaboration with Livalta/AB Agri to identify methane reducing algae feed solutions in cattle continues to progress. Pond has identified strains of algae that could prove beneficial in reducing enteric methane emissions from cattle when included into animal feed. Enteric methane emissions are the single largest source of direct greenhouse gas emissions in beef and dairy value chains and a substantial contributor to anthropogenic methane emissions globally. This work led to the signing of a research agreement with BioCarbN, in collaboration with AB Agri, for possible use by a major North American based agriculture company. Joint Commercialization Project Livalta/ABAgri- The joint commercialization project to produce algae-based animal feed ingredients with Livalta/AB Agri continued to progress. This global partnership with the protein specialists Livalta/AB Agri and Pond will produce commercial algae-based animal feed ingredients from CO2 emissions. Effectively, the technology is designed to take CO2 emissions to produce high value protein. Since the start of the agreement, Pond has received approximately $1,572,000 for initialization and advanced milestone payments and has completed initial engineering work. The advance milestone payments are recorded as deferred contract revenue and moves to revenue when milestones are met. A further approximately $4,000,000 in license and engineering, procurement and construction payments remain to be earned by Pond. Successful Production of Recombinant Proteins - Pond Biotech's successful results related to the production of recombinant proteins were published in the scientific journal, Nature Scientific Reports. This provided an update on the Pond Biotech project announced in the fall of 2021 with a major Fortune 500 oil and gas company. As part of the project, Pond has been scaling up the production of recombinant proteins. Pond has received approximately $230,000 in payments to date for milestones achieved and the initial research agreement. Pond has now completed the initial scale-up, including bioreactor designs and growth protocols. Since the beginning of 2022, Pond has been making weekly deliveries of recombinant proteins to the project consortium for testing and significant milestones are expected to be achieved in Q3 2022. Further Business Updates: https://finance.yahoo.com/news/pond-technologies-holdings-inc-announces-203500434.html
Zacks Small-Cap Research July 26,2022 PNDHF: Pipeline Expanding; Positive Implications for Technology Applications & Growth Pond Technologies is a carbon conversion technology company that uses its proprietary platform to grow microalgae in a rapid and cost-effective manner that does not require arable land. We expect Pond to benefit from growing awareness of its technology as concerns about environmental and ESG issues increase. OUTLOOK Pond’s Livalta (AB Agri) project is progressing and the company recently received milestone payments. At the same time, Pond continues to form new agreements to further validate and commercialize its technology. Last month, Pond formed a memorandum of understanding with SEM Energy Ltd., a sustainable technology solutions company that implements customized solutions for the treatment of waste products and wastewater, recovery of nutrients and to generate value-added by-products.Pond expects SEM to utilize Pond technology as a bolt-on solutionin certain of its projects. Current Price (7/25/22) $0.09 Valuation $0.65 https://s27.q4cdn.com/906368049/files/News/2022/Zacks_SCR_Research_07262022_PNDHF_Marin.pdf
I truely like the potential of this company. Market cap is way too low imo considering the huge business potential.
Below is an article from a local UK newspaper on the planned POND pilot plant. Launch of the pilot plant is Q4 2022. In my opinion this could be a huge catalyst for the share price. Fingers crossed... British Sugar plans world-first spirulina plant at Wissington factory 23 August 2022 https://www.lynnnews.co.uk/news/bri...d-lead-to-world-first-protein-produc-9270355/ British Sugar has submitted a planning application which could pave the way for the world’s first commercially viable production of algae-based animal feed ingredients in West Norfolk. The proposal is to set up a pilot plant at the Wissington site to produce protein-packed spirulina. In the longer term, also at Wissington, the plan is for a commercially-sized plant producing 20,000 tons of spirulina from some of the CO2 emissions from the sugar production process. ... “Working with our sister business, AB Agri’s responsible proteins division Livalta and their partner Pond Technology Holdings, we are intending to install the world’s first commercially viable production of algae-based animal feed ingredients from CO2 emissions."
Several upcoming significant milestones ahead... Pond has been making weekly deliveries of recombinant proteins to the project consortium for testing and significant milestones are expected to be achieved in Q3 2022. This deal is with a major Fortune 500 oil and gas company. (also see press release May 10) Pond's CO2 to algae pilot Livalta (AB Agri) plant is expected to begin operating in 4Q22. AB Agri is a subsidary of the 10 Billion market cap company Associated British Foods. (also see press release May 5, 2022) Results of the ongoing study regarding the announced Engagement with BioCarbN in Collaboration with Livalta/AB Agri and a Second Major Agriculture Business to Identify Methane Reducing Algae Feed Solutions in Cattle. (also see press release April 28, 2022) Pond and SEM to initially focus on Scotland-based projects with the goal to abate 10,000 tonnes of CO2 from an identified waste to energy plant using stack gas. The project is expected to commence Q4 2022 with the project scope and revenue opportunity expected to be disclosed in more detail prior to the launch date. (also see press release June 16, 2022)
The company now has sufficient cash to deliver on the projected milestones in my previous post. Current market cap is way too low imo. I assume/hope that this stock will do very well until the end of the year in the event the company delivers on their milestones... Pond Technologies Announces Non-Brokered Private Placement at Premium to Market Price Including Insider Participation News provided by Pond Technologies Holdings Inc. Sep 06, 2022 https://www.newswire.ca/news-releas...ncluding-insider-participation-888303061.html MARKHAM, ON, Sept. 6, 2022 /CNW/ - Pond Technologies Holdings Inc. ("Pond") ( TSXV: POND) (OTCQB: PNDHF) (FSE: 400), an ESG company addressing global sustainability challenges of wellness and climate change, today announced a non-brokered private placement ("Private Placement") of up to 6,666,667 common shares of Pond ("Common Shares") at a purchase price of $0.15 per Common Share for aggregate gross proceeds of up to $1,000,000. The purchase price represents a 15% premium to the closing trading price of the Common Shares on the TSX Venture Exchange ("TSXV") on September 2, 2022. No warrants are being issued pursuant to the Private Placement, and the Private Placement may be completed in one or more tranches.
