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To: kidl who wrote (41468)4/6/2016 9:44:22 AM
From: ayeyou1 Recommendation

Recommended By
El Canadiense

  Read Replies (1) | Respond to of 49402
 
That is very nice news for CZO. Sometimes news releases are wonderfully understated which in the world of the Venture is quite rare. This is one of those times. That is a bread and butter customer for CZO and its nice to see them not only renew supply contracts but also offer up financial backing. That will prove invaluable as CZO moves to the next level in manufacturing its products at its new facility in Edmonton.
Between this and the McMaster University news from couple weeks ago CZO is now poised to really explode. If they sign a deal with Pepsico as a result of ongoing testing of their products by Pepsico it should catapult CZO well over a dollar. I have been accumulating CZO for some time now from the mid to high 20s and up. I have kept buying through the nice price rise and have paid as much as .47 cents which I still see as great value. They did earn 1.7 mil$ last two quarters 1 mil of that last quarter.
I have a nice nest egg full of CZO and they are going nowhere for the foreseeable future. Long term hold for me as their future looks very bright to me.