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Microcap & Penny Stocks : Microcap Potential Homeruns--Credible, and Reporting -- Ignore unavailable to you. Want to Upgrade?

To: Ted M who wrote (610)	9/25/2010 7:46:52 PM
From: caly	Read Replies (1) \| Respond to of 1056

Ok, I read your post and thought, "Gee, it sounds like we listened to a different conference call." And in fact, we did. I listened to the stupid replay from May on the web. No wonder it sounded as if nothing had changed based. That counts as my bonehead move of the week. Anyway, I just listened to a replay of the latest call by dialing in. To answer your questions... It sounds like the move to flax had nothing to do with failure on the part of hemp, but rather a supply/cost issue based on the fact that flax can be grown in the U.S. (specifically in SC) while hemp can't. They tried a run with flax in Germany and said the results were outstanding. I think they made this move because of this: cotton.org The price of cotton has gone up dramatically this year. He cited some reasons as China and India stopping exports due to internal demand. It's up over a $1.00/lb now, and he said they can produce Craillar flax at .85. That makes is extremely attractive to partners obviously. They basically switched gears in reaction to market prices of cotton which he said are not expected to return to its benchmark value of .65/pound for several years. I didn't catch any remarks on 3-5 years regarding commercialization. What he did say is that he thought within 30 days of the end of the last trial, they could have an agreement. (This would be with Hanes first, and then Georgia-Pacific second, I assume.) I think the yarn breakage had to do with the "length of fiber" coming out of the plant. Their process does better with longer fibers. He made a comment in the Q&A that they know how to grow taller flax plants by planting it closer to together to force upward growth. And he also said they have a world's leading flax expert who understands what to look for to get long fiber plants. At least that's what I thought I understood. All in all, I took this to be good news. Rather than being just a sustainable and cheaper alternative to organic cotton ($1.70/lb) , they now have the option of being that and cheaper than regular cotton even. That's just what my ears heard.