That sale to AZ, is interesting. It sure sounds like HIMR is credited for the sale, thus they get the revenue, however much revenue 27,000 lbs of kenaf, finished/unfinished, sells for. And, to me, it gives some justification for there being a bid/ask of .0001/.0002 some of the time.
Speculation: I think Bayano may be on hold longer than we are led to believe and the company has pivoted into this kenaf business. I would like to see another sale or two along with a clear picture in a PR from HIMR.
Bottom line, I am a bit more optimistic with HIMR, but still leary of them.
tex
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