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Message: realistic expectations

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Re: realistic expectations

posted on Oct 28, 08 11:46AM

Absolutely, realistic expectations are key: this is still a company in its infancy. That said, however, management has put together some significant energy resources in a short period of time, and we should expect some revenues in the first quarter of 2009. As I've said in the past, I think the energy assets justify what I paid for this stock, but I've been wondering when the organic story would start to unfold. The updated prospectus, released yesterday, and which I've only skimmed, has some tantilizing tidbits. Management notes that in addition to reclaiming its own land after resource extraction, the company "anticipates leasing sizeable acreage in 2008, with a goal towards stocking animals by early 2009." This, the company notes, should "markedly accelerate" internal production of grass-fed livestock. I should say so. It looks as though the organic story could start to gain legs just as the company starts to receive revenues from resource extraction. The new prospectus also notes that the company expects to have "several successful brands available for marketing under the 'Choice Organic Family' TM by the end of 2009." I'm looking forward to the coming year and to the next Milestone Report. Actual revenues coupled with the progressive unfolding of the company's organic story will make this a hard stock to ignore.





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